Rambler
Thinks s/he gets paid by the post
- Joined
- Jul 15, 2007
- Messages
- 2,487
My folks are pretty happy I'm well on the road and near to FIRE. In fact they hope to see it because they know and can see what my w*rk does to me sometimes. And Dad is painfully aware that he wished he could have retired earlier so he could have visited more with his kids who are now all over the states and in my case the world.
I have not told my brother nor one of my sisters that I intend to FIRE. The reason is that they don't think it is even fair that I have what I have worked for and earned. My other sister knows my intention to FIRE, but because they do not save much and because they see that we travel back to the states 4 times a year, and because we have a large/relatively expensive home, they think we are spending everything we earn and that there is no way I can FIRE.
They don't think there is any way to save the kind of money necessary to retire before 60 or 70, because no one they know has been able to do it.
I will say that you've got to have a lot of intestinal fortitude to retire in your 40s with a kitty set aside for retirement of only $500k. I'm sure some people could do it...it helps if you have a pension (kinda young for that), but I know that I could not do it unless I had a home with no mortgage and healthcare paid by some other entity than myself...and then only if I was single. I do wish you the best of luck. Keep us posted on how it goes.
R
I have not told my brother nor one of my sisters that I intend to FIRE. The reason is that they don't think it is even fair that I have what I have worked for and earned. My other sister knows my intention to FIRE, but because they do not save much and because they see that we travel back to the states 4 times a year, and because we have a large/relatively expensive home, they think we are spending everything we earn and that there is no way I can FIRE.
They don't think there is any way to save the kind of money necessary to retire before 60 or 70, because no one they know has been able to do it.
I will say that you've got to have a lot of intestinal fortitude to retire in your 40s with a kitty set aside for retirement of only $500k. I'm sure some people could do it...it helps if you have a pension (kinda young for that), but I know that I could not do it unless I had a home with no mortgage and healthcare paid by some other entity than myself...and then only if I was single. I do wish you the best of luck. Keep us posted on how it goes.
R