I’ve watched this board for sometime and have been very impressed by the level of discussions. Most people are incapable of saving and are unaware of how to build wealth. People on this board have gone against that common trend and should be proud.
I’m 44, single. I have about $1.6MM in liquid net worth not including equity in my home. My expenses are around 63K per year including my mortgage. With my portfolio allocation, Firecalc shows a 97% success rate if I were to hang it up now. This all seems so strange to me because I didn’t start thinking about this really seriously until about a year ago. I don’t know if I’m ready to jump into RE, I feel I’m too young but I also feel I’m burned out at work.
An offer at work has presented itself. I can take 1-3 months leave without pay. In my mind this will give me a chance to “try” the RE life. Financially there are advantages – it will keep me out of AMT.
Has anyone else had a similar experience and what came of it? I guess I'm looking for support.
I’m 44, single. I have about $1.6MM in liquid net worth not including equity in my home. My expenses are around 63K per year including my mortgage. With my portfolio allocation, Firecalc shows a 97% success rate if I were to hang it up now. This all seems so strange to me because I didn’t start thinking about this really seriously until about a year ago. I don’t know if I’m ready to jump into RE, I feel I’m too young but I also feel I’m burned out at work.
An offer at work has presented itself. I can take 1-3 months leave without pay. In my mind this will give me a chance to “try” the RE life. Financially there are advantages – it will keep me out of AMT.
Has anyone else had a similar experience and what came of it? I guess I'm looking for support.