Hi all - I'm 48 and I have been reading posts here for a while and this seem to be a friendly and useful site.
A few years back I had to stop working after I hurt my head and got disabled. It's been a really bumpy few years financially but now I've got my disability pension and also a monthly insurance payout and a lump sum.
My pension and monthly insurance is enough to live on so my plan is to use my lump sum wisely so that it can finance the more fun parts of life.
My $140.000 ish lump sum is mostly in cash for now - around $45.000 in index funds. My apartment is 2/3rds paid for - with $90.000 left of the mortgage.
I currently have a good interest rate of 3% so I am not neccesary hurrying to pay down the mortgage. I want to learn more and decide if I should rather buy more index funds, bonds etc. And eventually decide how much of that I can withdraw each year. Perhaps I should even try to add to it from my pension?
Oh - and I live in Norway so the more detailed properties of what is financially sound or not may differ a bit. But the large lines should be similar.
So maybe I qualify as FIRE already even if I still have my mortgage? It does not really matter.