So I joined this forum 8 years ago and have dreamed about ER for years. I have grown older (now 52) and wealthier with continuing to work and the stock market rise. Really, finances are not an issue. Our WR would be about 1.5% (even paying for healthcare and taxes), not because of any windfalls but from good steady pay and LBYM. So why am I still at it:
- who retires at this age plus what would I do with myself?
- DW does not really agree with FIRE though she has been a housewife now for about 10 years (she is a nonfinancial person and cannot really conceive that we could live the rest of our lives and very realistically dramatically grow our portfolio in retirement). I guess if she thinks working is so wonderful we can trade places and I can stay home
I always thought I would one day write a message like this and this would be the beginning of the end of my working. So now I am actually writing this message. Yeah! Though I still do not know when I will RE.
One thing that bothers me is what is the point of having so much money if I am still working like everyone else? Yes deep down I know I do not have to worry about the paycheck but I am still there about 45 hours a week so what is it getting me?
Unfortunately it is all or nothing. No one is part time and I do not see that as an option. I know the OMY thing, but that is often waiting for a financial goal of some sort. How does one pull the trigger when it seems like such a big deal and so wrong, almost a decadent thing to do?
I do think I would be very happy so there is my answer. I just feel stuck now. Please give me some encouragement. I probably will not do anything for awhile but reading and rereading the responses will be helpful and might help push me over the edge
- who retires at this age plus what would I do with myself?
- DW does not really agree with FIRE though she has been a housewife now for about 10 years (she is a nonfinancial person and cannot really conceive that we could live the rest of our lives and very realistically dramatically grow our portfolio in retirement). I guess if she thinks working is so wonderful we can trade places and I can stay home
I always thought I would one day write a message like this and this would be the beginning of the end of my working. So now I am actually writing this message. Yeah! Though I still do not know when I will RE.
One thing that bothers me is what is the point of having so much money if I am still working like everyone else? Yes deep down I know I do not have to worry about the paycheck but I am still there about 45 hours a week so what is it getting me?
Unfortunately it is all or nothing. No one is part time and I do not see that as an option. I know the OMY thing, but that is often waiting for a financial goal of some sort. How does one pull the trigger when it seems like such a big deal and so wrong, almost a decadent thing to do?
I do think I would be very happy so there is my answer. I just feel stuck now. Please give me some encouragement. I probably will not do anything for awhile but reading and rereading the responses will be helpful and might help push me over the edge