Hi to everyone,
I am so pleased to find this website! Thank you to everyone who's contributing!
I am a 25 year old airline pilot from Europe. I have been very lucky in my job career so far, as I nailed a pretty decent job with 20.
Plus, I was able and fortunate enough to get hired in the Middle East this year, which means an even better financial package..
I am single and not married as of yet. I was educated to live a life of LBYM from my parents, which allows me to save about 60-70% of my paycheck, as I am already debt-free.
To my assets:
80k in investments (80% in stocks, 10% in bonds, 10% in gold and commodities)
one paid-off apartment (230k in value, which was already inherited from my parents)
About my new job: I have been running through some calculations and came to the point the I will be able to save about 60-70k a year adopting LBYM.
My spending is very sporadic, as I don't have to pay rent, don't eat out a lot, and my hobbies are very cost-friendly. I think about spending before I spend, so I really save a lot. And to the surprise of most people around me, who obviously don't practice LBYM and saving, I have a very happy and fulfilled life!
Now, my plan looks kinda like this: I am planning to retire the latest in 2037 at age 45. If things evolve better, I might even anticipate it to age 40.
I know, a family might eventually change a lot, but the plan looks like that as of now.
FIRE gives me very good changes as I run through this calculation.
I would like to hear your thoughts though and what you think about my situation.
Very pleased to be here and already big thanks to all! Looking forward to be part of the community for a long time