DayDreaming
Full time employment: Posting here.
- Joined
- Jan 19, 2008
- Messages
- 850
FIUE - Financially Independent UnEmployed - that's my current variation on FIRE. Or maybe I'm retired now but I just don't know it!
Last year my j*b situation became unstable and it was only then that I realized I might be able to FIRE. It was always in the back of my mind but I never worked out the numbers - luckily I found this website. I stuck with that j*b until I could build up more confidence in my plans, then the market took a nosedive and my confidence was completely shattered. FireCalc said I could still do it, but boy was I uncertain, so I kept working.
I'm still uncertain but I was just laid off, so one big decision has been made for me. I'm not worried about finances for my immediate future and I can wake up each day feeling happy that I don't have to deal with the BS of my [former] workplace anymore. My only plan is to not do anything drastic. I definitely won't be looking for a new j*b right away - maybe I'll change my mind later, but once I get my head wrapped around this, my FIUE might just become FIRE. I'm 48 yrs old, in good health, and looking forward to enjoying my first summer off since college.
And now I'll be reading this board with much more interest - as opposed to thinking: yea, someday that'll apply to me.
My concerns:
Last year my j*b situation became unstable and it was only then that I realized I might be able to FIRE. It was always in the back of my mind but I never worked out the numbers - luckily I found this website. I stuck with that j*b until I could build up more confidence in my plans, then the market took a nosedive and my confidence was completely shattered. FireCalc said I could still do it, but boy was I uncertain, so I kept working.
I'm still uncertain but I was just laid off, so one big decision has been made for me. I'm not worried about finances for my immediate future and I can wake up each day feeling happy that I don't have to deal with the BS of my [former] workplace anymore. My only plan is to not do anything drastic. I definitely won't be looking for a new j*b right away - maybe I'll change my mind later, but once I get my head wrapped around this, my FIUE might just become FIRE. I'm 48 yrs old, in good health, and looking forward to enjoying my first summer off since college.
And now I'll be reading this board with much more interest - as opposed to thinking: yea, someday that'll apply to me.
My concerns:
- If the market goes up from here or even stays the same for a long time, then I'm ok. But any more big declines, and I might need to go j*b hunting.
- If I stay out of the workplace too long, it might be hard to get back in later. I worked in IT and it's important to keep up to date with technology.
- Future health care costs are such a big unknown! (Fortunately COBRA should be cheap for a while).
- To really enjoy this spring and summer!