TrophyHusband
Dryer sheet aficionado
This was our year. July 27th 2022 had been the FIRE marker for years. Everything allocated, calculated and planned out..... DW would work OMY (2023) until DD was off to college then we would hit the road.
Then COVID hit. DW was so overwhelmed at work with COVID related issues she quit 2-years early. No worries, our plan had enough robustness and depth to handle it....
Then inflation climbed to 40 year highs.
Then the 2022 bear market hit.
We're down 7 figures + in 6 months and now below our safety threshold. Let alone the need to recalibrate a lifestyle based on the increasing costs for everything, especially our desire to travel.
Our plan could handle one "deviation" but not a market meltdown and record inflation on top of it. So FIRE is on hold, at least for a year, probably more.
SoRR is real, inflation destroys savings and I'm definitely NOT at peace.
Then COVID hit. DW was so overwhelmed at work with COVID related issues she quit 2-years early. No worries, our plan had enough robustness and depth to handle it....
Then inflation climbed to 40 year highs.
Then the 2022 bear market hit.
We're down 7 figures + in 6 months and now below our safety threshold. Let alone the need to recalibrate a lifestyle based on the increasing costs for everything, especially our desire to travel.
Our plan could handle one "deviation" but not a market meltdown and record inflation on top of it. So FIRE is on hold, at least for a year, probably more.
SoRR is real, inflation destroys savings and I'm definitely NOT at peace.