brainsqueeze
Dryer sheet aficionado
- Joined
- Apr 24, 2016
- Messages
- 27
42, married, 2 children in elementary school. Full time doc. I enjoy my job but don't want to do it so much of the time. Like right now I am in the middle of a 10 straight day stretch, which is probably why I'm on this board today!
We have about 30x our current spending saved, plus another $300k for college for the kids. However we are upsizing our house out of necessity, which means a new mortgage/higher annual spending which drops us down to around 20x. So not quite FI yet. My goal is 2-3 more years of heavy savings and paying down the mortgage with a goal of getting to:
Age 45
25x savings
20 years left on the mortgage
$500k for college
At which point I want to go part-time, something like 1/4-1/2 time, maybe as a pseudo-locums for my current employer, to use me when they need coverage, etc.
Biggest challenge is health care, as it is for many. I have some chronic health problems of moderate severity. The good news is I am on no expensive drugs. The bad news is the diagnosis is a mystery so I'm constantly getting more tests and there's the possibility of an eventual diagnosis which would necessitate expensive treatments.
Anyway, that's it in a nutshell. Looking forward to gleaning the wisdom of the FIRE community.
We have about 30x our current spending saved, plus another $300k for college for the kids. However we are upsizing our house out of necessity, which means a new mortgage/higher annual spending which drops us down to around 20x. So not quite FI yet. My goal is 2-3 more years of heavy savings and paying down the mortgage with a goal of getting to:
Age 45
25x savings
20 years left on the mortgage
$500k for college
At which point I want to go part-time, something like 1/4-1/2 time, maybe as a pseudo-locums for my current employer, to use me when they need coverage, etc.
Biggest challenge is health care, as it is for many. I have some chronic health problems of moderate severity. The good news is I am on no expensive drugs. The bad news is the diagnosis is a mystery so I'm constantly getting more tests and there's the possibility of an eventual diagnosis which would necessitate expensive treatments.
Anyway, that's it in a nutshell. Looking forward to gleaning the wisdom of the FIRE community.