230 Days Till FI!

Where are you and where are you going?
2Birds1Stone
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Re: 2Birds1Stones' 28 month hustle to freedom!

Post by 2Birds1Stone » Wed Jan 10, 2018 10:14 am

classical_Liberal wrote:
Fri Dec 29, 2017 3:33 am
A kick ass and take names year!
Ha, thanks C_L my motivation to retire is outweighing my motivation to work right now........we will see what 2018 brings.


I've spent the better part of the past two weeks doing a long thought experiment on what I would like my next chapter to look like.

Ideally I keep my current job till April 1 of 2020 and take a nice long 6-9 month sabbatical to travel with my fiance, followed by a return to work either full time, part time, or seasonally (depending heavily on market returns and portfolio when the time comes).

There are a few bucket list type adventures that we have the luxury of choosing from for that 2020 adventure.

1) Thru hike the Appalachian Trail. Flip Flop style, starting in Harpers Ferry WV in late April or early May, and hiking north with the spring summiting Mt. Katahdin in August, possibly taking a few weeks to spend time with family, and then returning to Harpers Ferry in September and following the fall foliage down to Springer Mountain Georgia. This would leave us around November, coming back home and living with family during the holidays while looking for work.

2) Splitting the time between a slow travel European adventure, starting in Southern spain or Portugal in April, working our way slowly to Poland by mid May, living in Poland and exploring with family till mid July. Followed by a trip my dad would really like to do.....6-8 weeks of motorcycling from NY up through Canada to Alaska, down the Pacific coast, and back to NY via NV/AZ/UT/CO/WY/MO/SD/PA/etc. We would likely finish early October and also spend time with family during the holidays while trying to re-enter the workforce.

3) Purchase either a mini van or small pickup + trailer and spend 6-9 months slow traveling the USA and Canada, hiking and mountain biking as we go along, visiting friends and family across the country and staying in each place from a few days to a few weeks.

In all scenarios we would ask employers for a sabbatical way in advance, or just quit and try our luck when we get back. We would also get rid of our current apartment, as we cannot justify paying $1100/month for 6-9 months while traveling.

Right now, option 2 sounds the most appealing, as it would allow the trip with pops, who isn't getting any younger. Already have the motorcycle, and an empty apartment in Southern Poland where 75% of my family lives. We would travel hack the cross continental flights so the cost of those would be negligible.

Option 1 would be the cheapest in my opinion, since a thru hike of the AT can be done for $10k total for two people, relatively comfortably.

Option 3 would likely cost the most, but would have the most freedom to come back home if the need arose (unlikely)

Regardless of which option we go with, I think it's going to be a bit hard to adjust back to being two full time career professionals, once that taste of freedom is had..........c'est la vie

2Birds1Stone
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Re: 2Birds1Stones' 28 month hustle to freedom!

Post by 2Birds1Stone » Fri Jan 26, 2018 5:32 pm

January has been an interesting month for me.

I'm getting closer and closer to losing my job.

The markets have returned ludacris profits.

I am lacking motivation to be a productive worker as I inch closer to the goal posts.

classical_Liberal
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Re: 2Birds1Stones' 28 month hustle to freedom!

Post by classical_Liberal » Sat Jan 27, 2018 1:40 am

@2B1S
Whats happening with the job?

trailblazer
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Re: 2Birds1Stones' 28 month hustle to freedom!

Post by trailblazer » Sat Jan 27, 2018 4:28 pm

Seems like you’ve acccumulated enough for at least a trial run sometime soon! Although if job situation is in jeopardy could be worth holding out for any severance/unemployment.

2Birds1Stone
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Re: 2Birds1Stones' 28 month hustle to freedom!

Post by 2Birds1Stone » Sat Jan 27, 2018 5:14 pm

classical_Liberal wrote:
Sat Jan 27, 2018 1:40 am
@2B1S
Whats happening with the job?
Not sure if you know the whole saga from my journal on MMM forums, but I basically

1) Started a new job October 2nd
2) My direct manager (VP level) got fired 2 days later, she was a big reason I took the job to begin with
3) The SVP who fired her quit 3 weeks later, leaving my team with no manager (to this day)
4) The BU I joined is tanking, it was formed after an acquisition of a competitor
5) Layoff season, company announced large 10%+ reductions in labor force, with 30-40% of my BU expected to get chopped
6) I am the least tenured hire into this role, with no manager, so I am a very likely candidate to get canned
7) If I don't get canned, it's going to be an uphill battle over the next 2 years, and hard to earn commission

So I am now in limbo. I'm working, but keeping my ear to the ground for other opportunities.
trailblazer wrote:
Sat Jan 27, 2018 4:28 pm
Seems like you’ve acccumulated enough for at least a trial run sometime soon! Although if job situation is in jeopardy could be worth holding out for any severance/unemployment.
That's exactly what I am doing, I will stay and see if I get laid off or fired. If I do, I would get either 6 weeks severance followed by unemployment, or unemployment. I would not leave on my terms unless I had a better opportunity lined up.

I have 26 months till I test drive FIRE for a year anyway, the closer I can last till then, the better and higher chance that I don't have to come back crawling with my tail between my legs asking for a different job.

wolf
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Re: 2Birds1Stones' 28 month hustle to freedom!

Post by wolf » Sun Jan 28, 2018 1:23 am

That situation with your job sounds really challening and is totally uncontrollable for you, I guess. But you couldn't have prevented that, could you? Nobody knows when layoffs happen. I kind of admire you in the States because of your own mental flexibility and adaptability in your job market, meaning that you are able to adjust fast and spontaneous to new job circumstances, comparing to European's job culture. Well, I hope for you that you can stay at your job. Better having a job, than looking for some, I guess.
2Birds1Stone wrote:
Wed Jan 10, 2018 10:14 am
Ideally I keep my current job till April 1 of 2020 and take a nice long 6-9 month sabbatical to travel with my fiance, followed by a return to work either full time, part time, or seasonally (depending heavily on market returns and portfolio when the time comes).
Your plan about taking a sabbatical impresses me. That sounds cool. Will it be like a mini-retirement? I kind of like the idea behind it and I too maybe will do something like that. Before leaving the workforce (salaried) completely, I gotta do a try-run, like a mini-retirement. Do you have to quit in order to do that, or is it possible to have unpaid leave for such a period of time? Does your plans depend somehow on your financial progress till FI, or do you do it either way?

classical_Liberal
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Re: 2Birds1Stones' 28 month hustle to freedom!

Post by classical_Liberal » Sun Jan 28, 2018 9:58 am

@2B1S
This job situation sounds like the proverbial "gift horse"...

You've been pretty browned-out for quite some time and craving the sabbatical. You'll never find a better time to take it, when your getting unemployment checks! No need to dip into the capital, take 6 mo's or a year (I'm sure you'd get enough between UE and dividends to last a year or two) and enjoy life. I bet the time away will provide you a new perspective going forward. I think we tend to get so caught up in fast accumulation, sometimes it's hard to see all the other viable paths. With the assets you have now and low spending, virtually any small income source will keep you afloat for the rest of your life. If priorities change in the future, you can change with them.

2Birds1Stone
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Re: 2Birds1Stones' 28 month hustle to freedom!

Post by 2Birds1Stone » Mon Jan 29, 2018 12:24 pm

wolf wrote:
Sun Jan 28, 2018 1:23 am
That situation with your job sounds really challening and is totally uncontrollable for you, I guess. But you couldn't have prevented that, could you? Nobody knows when layoffs happen. I kind of admire you in the States because of your own mental flexibility and adaptability in your job market, meaning that you are able to adjust fast and spontaneous to new job circumstances, comparing to European's job culture. Well, I hope for you that you can stay at your job. Better having a job, than looking for some, I guess.

Your plan about taking a sabbatical impresses me. That sounds cool. Will it be like a mini-retirement? I kind of like the idea behind it and I too maybe will do something like that. Before leaving the workforce (salaried) completely, I gotta do a try-run, like a mini-retirement. Do you have to quit in order to do that, or is it possible to have unpaid leave for such a period of time? Does your plans depend somehow on your financial progress till FI, or do you do it either way?

Hello wolf,

I think that my ability to take things in stride with work is a result of a fairly portable profession (sales), and the FU $ I have accumulated up to this point. I do understand that walking away from a job in European and Asian culture is more taboo.

It would be like a mini-retirement, but more so a long vacation while practicing low spending, alternate income source generation, and freedom to do things without having time constraints.

My understanding is that some companies will allow you to take an unpaid sabbatical, but there is no guarantee that your position will be held. I would likely quit if I am still employed, unless the first option works with my employer.

I will take at least 6 months regardless of where I am in terms to FI. At that point, I will be working full time for ~19 years and 10 of these in a Megacorp style career. It's time for a break.
classical_Liberal wrote:
Sun Jan 28, 2018 9:58 am
@2B1S
This job situation sounds like the proverbial "gift horse"...

You've been pretty browned-out for quite some time and craving the sabbatical. You'll never find a better time to take it, when your getting unemployment checks! No need to dip into the capital, take 6 mo's or a year (I'm sure you'd get enough between UE and dividends to last a year or two) and enjoy life. I bet the time away will provide you a new perspective going forward. I think we tend to get so caught up in fast accumulation, sometimes it's hard to see all the other viable paths. With the assets you have now and low spending, virtually any small income source will keep you afloat for the rest of your life. If priorities change in the future, you can change with them.
I think you hit the nail on the head, the timing would be off in terms of my plans, but it would be a good opportunity to downshift and take some time to myself. If I do get laid off/fired and UE is available, I will definitely take advantage as long as I can.

In regards to long term sustainability, it's hard to say. I've done the thought exercise and have some scenarios in my spreadsheet for these types of situational analysis.

My bare-bones spending would be ~$1300/month or $16,000/yr. I define this as my first FI #, $400k, and I am almost there.

At that point, I would feel pretty comfortable walking away from a job, or taking periods of under/semi employment to explore other interests. I would not feel comfortable long term though, as we get older needs/wants change, and human capital diminishes.

My seconds FI "bend point" is the $600k or $2k/month mark. That is where my current spending is, and I feel like I could take longer periods of no employment, sprinkling in some work to let the portfolio grow.

My third FIRE bend point, were I feel that I could never work again and not have to worry about eating cat food in old age is $1M allowing $40k/yr in spending into perpetuity. I am in no rush to get to this number, if it takes decades of on and off work that would be ideal. I want to take advantage of lucrative and/or fun means of earning income, while also taking advantage of the ability to travel and pursue things for non financial reasons.

Getting really close to point one is opening up a lot of possibilities, and feels somewhat surreal to me right now.

At bend point one, I would like to earn enough to live off + add to 401k/Roth IRA. Which means earning at least $50-60k/yr gross.

At bend point two, I would like to earn enough to cover between 50-100% of my expenses without having to add any additional funds to the stache.

wolf
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Re: 2Birds1Stones' 28 month hustle to freedom!

Post by wolf » Fri Feb 02, 2018 12:38 pm

2Birds1Stone wrote:
Mon Jan 29, 2018 12:24 pm
I will take at least 6 months regardless of where I am in terms to FI. At that point, I will be working full time for ~19 years and 10 of these in a Megacorp style career. It's time for a break.
That sounds great. I did a sabbatical for 7 months after working 11 years full-time. 5 out of that 7 months I travelled to "Down Under". It was a great time. If I talk with someone else about it, it feels good. You can have so many life experiences which are really worth it. Go for it!

classical_Liberal
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Re: 2Birds1Stones' 28 month hustle to freedom!

Post by classical_Liberal » Sun Feb 04, 2018 7:07 am

2Birds1Stone wrote:
Mon Jan 29, 2018 12:24 pm
In regards to long term sustainability, it's hard to say. I've done the thought exercise and have some scenarios in my spreadsheet for these types of situational analysis.

My bare-bones spending would be ~$1300/month or $16,000/yr. I define this as my first FI #, $400k, and I am almost there.

At that point, I would feel pretty comfortable walking away from a job, or taking periods of under/semi employment to explore other interests. I would not feel comfortable long term though, as we get older needs/wants change, and human capital diminishes.
This is where we need to be careful. Two points.

#1 Even if you had a million dollars and were at a 2% WR, there are still plenty of scenarios in which you end up a pauper. Less, admittedly than now, but your mind can always find reasons why you should endure for just a bit longer for that added security. It's all really an illusion, or fear (lack of confidence) of not being able to make things work in changing circumstances. This is where a long term sabbatical will show how easy it is to make ends meet with low spending (or not). If personal projects turn into cash flow or new career opportunities, you will become confident. I really don't think anyone will trust their abilities until they see it happening, it's not something for which you can build a spread sheet to predict. Worst case, you learn that you want a sit-on-your-ass retirement, if that's truly the case you can get back into the game reinvigorated for another few years run. At least you know.

#2 Historical introspection has been very valuable to me; I realize now that I have absolutely ZERO idea where my life will be in 5 years. Trying to plan more than 12 mos out is pretty useless for my personality type. I can run the numbers on a spread sheet a 1000 times, but in the end all the variables are likely to change. Five years ago i would have never imagined the life I have today, a decade before even less so. If you are the same, your best strategy is to invest in flexibility, rather than overly invest in financial assets. Sure, someday you might decide consumer, suburban lifestyle with 1.5 kids and a dog is your life distraction of choice. Even if that's the case, you'll simply adapt when the time comes. Don't let the potential futures make you sacrifice what would be a pleasant life today, times will change and you'll have missed an opportunity which is available now. IOW, you can plan for a dozen eventualities, but only one will materialize, that's a lot of wasted effort preparing for the 11 that never happened; particularity wasteful if you have the ability to do what you want now.

Be ruthlessly honest with yourself, realize the opportunities you have today may not be there in a year(not just financial), and understand that humans are horrible at predicting what will make them happy in the future.

2Birds1Stone
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Re: 2Birds1Stones' 28 month hustle to freedom!

Post by 2Birds1Stone » Tue Feb 06, 2018 4:58 pm

Excellent points, and a lot to think about.

1) if my employment were to abruptly end before my planned exit date, I would definitely take the sabbatical. As you said, no better time than while collecting some sort of UI or severance. Waiting till 2020 however, is not that bad in my mind. I have been doing the whole OLY thing since discovering the concept of FIRE and getting more comfortable with a plan I will actually execute. 2020 will put me right before my 32nd birthday, pretty young to be taking a gap year/semi fire/whatever you want to call it. There's definitely a ton of people that do a lot of OMY syndrome, but in my case, I would like borderline FI before I felt comfortable turning off the cash hose.

2) Great point, I'm sure my plan will morph and change as time goes one. One thing is for sure, regardless of what comes first (unemployment or 2020) I won't be working past my date (unless something catastrophic happens).

2Birds1Stone
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Re: 2Birds1Stones' 28 month hustle to freedom!

Post by 2Birds1Stone » Thu Feb 08, 2018 5:31 pm

Welp, having 12 months of expenses evaporate from your net worth in 2 weeks feels weird.

jacob
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Re: 2Birds1Stones' 28 month hustle to freedom!

Post by jacob » Thu Feb 08, 2018 5:40 pm

Try evaporating 7 years ... and not having it feel weird(*). (I was at 129 and went to 122 for -5%)

(*) Been there, done that [in 2008/09].

2Birds1Stone
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Re: 2Birds1Stones' 28 month hustle to freedom!

Post by 2Birds1Stone » Thu Feb 15, 2018 9:25 am

jacob wrote:
Thu Feb 08, 2018 5:40 pm
Try evaporating 7 years ... and not having it feel weird(*). (I was at 129 and went to 122 for -5%)

(*) Been there, done that [in 2008/09].
I wonder if I would feel different if I had 129X annual expenses stached away lol.

Thought Exercise, Could I ERE Now?

Sometimes I wonder what life would be like if I just quit work tomorrow. How would I adapt to living on $1200/month. I would need to move into a camper/van/rv/boat most likely.....or I guess I would prefer to, since It would allow for a more nomadic lifestyle.

Staying in my current apartment, which is cheap for the area ($540/month for my half including utilities and wifi), would allow me to live on the remaining $660/month. If I downgraded the car or got rid of it completely, it's entirely doable.

The only thing I would likely struggle with, is health insurance and health related expenses, which from history can be large and unexpected.

The idea of a live-aboard sailboat has been something I've been intrigued by over the past month or so. I have found many cruisers who are able to sail full time on less than $2k/month including boat maintenance.

2Birds1Stone
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Re: 2Birds1Stones' 28 month hustle to freedom!

Post by 2Birds1Stone » Mon Feb 19, 2018 11:19 am

I forgot to post my January numbers!

January Financial Update

Assets
$109,000 MM/Cash/CD's
$98,200 401k
$57,900 Taxable
$55,000 Roth IRA
$16,000 Ag Holdings
$12,700 Vehicle Equity
$15,000 HSA
$11,200 Au Holdings
$375,000 Total Assets (+$13,300)

Spending
$550 Rent/Utilities
$96 Grocery
$34 Gas
$123 Entertainment
$100 Depreciation
$50 Cell
$60 Travel
$63 Health/Hygiene
$110 Misc
$95 Gifting
$1,281 Total Spending

Income
$3,384 Salary
$1,724 401k
$1,033 HSA
$6,141 Total Income

79% Savings Rate

Musings
Financial markets produced some wicked returns in January, which they are taking back in February =)

Savings rate was awesome, and spending was low thanks to being away for 25% of the month. I also did very little driving so fuel costs were lowest they've been in years.

$375k means that at 4% WR I could technically live on $15,000/yr or $1250/month. Getting close to that first super leanFI # I've been chasing, but with the markets tanking it might be a while before I get there.

SO's portfolio shot up to ~$90k, for a combined $465k........we are getting close to being FI in SE Asia =D

OLY Syndrome

I hear a lot about OMY (one more year) syndrome on MMM forums as well as other retirement forums (boglegheads, early-retirement, etc.) I can get the allure of shooting for that extra layer of security, especially when someone is nearing the final phase of their career and employability and wants to ensure they never have to work again. Then again, people get stuck chasing "enough", and work way longer than they needed to.

I'm struggling with the opposite concept. I find it hard to believe that I would never again do something that brings in income, regardless of how much. I have had this grand plan to cut the chord on my 10 year megacorp anniversary and take a plan sabbatical, to test out the FI lifestyle for quite some time now. I originally started with the goal of RE by 50 (in 2012), then in 2014 when switched careers it changed to 2027 (age 40), and after a successful first 18 months I made the new goal 2022 (age 35). Over the past year, I've pared down spending a lot, have embraced the idea of seriously downsizing or using geographical arbitrage, and have come to terms with the fact that I may have to return to work for a few years if things don't pan out with market returns, quality of life, unexpected events outside of my control with family, health, SO's family/health, etc. I made the new goal April 1, 2020. A hair after my 10 year anniversary of 45-50 hour weeks between my two Megacorp employers.

It seemed like it would be soon enough, yet every day I am trying to lay down a plan that can cut days, weeks, or months off that timeline. It will never be "enough", and some risk is always inherent.

Starting that interview process with several employer candidates last week made me realize, that my heart is really not in it. I don't want another job if this one pans out. I don't really know what I want at this point. I wouldn't really be able to slow travel or get rid of my apartment with SO still working. So I don't know if a long term break would be the best idea right now, but at the same time, I really don't want to join a new company, spend 6-12 months learning the ropes, only to quit shortly after.

The other option is going to part time work completely out of my field. There are plenty of seasonal outdoor or interesting jobs here on Long Island that could potentially help me learn/hone other skills, get out of an office, and early *some* money, whether it's enough to cover 100% of my expenses or not remains to be seen, but I would definitely be turning off the fire-hose of income I've grown so accustomed to.

c'est la vie

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Re: 2Birds1Stones' 28 month hustle to freedom!

Post by jacob » Mon Feb 19, 2018 11:29 am

I think OMY depends on how the money was made. Insofar it was a single high-income job/career, people would understandably/wisely realize that it would be hard to get such an income again after retiring. On top of that they might also not have the experience in working other kinds of jobs in and out/from time to time. Finally, there's the significantly larger spending/stashes required in those forums.

Conversely, those who are used to jumping around and living on little money might not even consider FI in the first place, but rather operate on a work-save-rest-spend cycle knowing they can always and easily find a job and make whatever money they need.

I think people on this forum are somewhere in between those two extremes.

2Birds1Stone
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Re: 2Birds1Stones' 28 month hustle to freedom!

Post by 2Birds1Stone » Mon Feb 19, 2018 5:12 pm

I think my focus should shift to getting toward the later extreme. All of my money has been made in a corporate setting. I have no degree and with a profession in sales, I think employment in the future would not be an issue, but I would hate to HAVE to go back to a cubicle for several years to make ends meet.

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Re: 2Birds1Stones' 28 month hustle to freedom!

Post by classical_Liberal » Wed Feb 21, 2018 9:09 am

@2B1S (from little voice in back of head)

Your lack of motivation probably exists because you know you really don't have to work anymore, at least not in the way you're used to (ie 50hr/wk doing something/being somewhere you don't really enjoy). Not wanting to go back to "grind it out" work in the futurevis understandable, but given your propensity to remain productive in more pleasant ways, you wont have to ...and you know this.

OTOH is the fear you are opting out of things you may want down the line. Certain lifestyles may require more. Maybe settling down with a house, or kids, living a bit more lavish, ect, still have appeal; you're not sure. If you change preferences on these things, then returning to a "grind it out" job, will be much less of a burden because it would be done with certain goals in mind. How difficult was it for you to get your current job? Didn't you double or more your income when switching fields a few years ago? Was it really that hard to do? Could you do it again in a completely different field (not doubling income, but starting anew)?

2Birds1Stone
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Re: 2Birds1Stones' 28 month hustle to freedom!

Post by 2Birds1Stone » Wed Feb 21, 2018 2:06 pm

It's a combination of both.

My initially nomadic lifestyle desires would prevent me from being able to take on a part time job. So it would have to be some sort of creative income streams that I have not yet identified. My biggest struggle, as Jacob pointed out, is that almost all of my income to this point has been earned from my career. I am sure future PT work can happen, and if I could sustain my lifestyle on that income it could mean my investments growing in the background. I just worry about suddenly going from accumulating 2X annual expenses a year, to spending 1X annual expenses when we are only at ~9X combined.

The kids and house thing does not interest me, but a more "middle class" lifestyle might appeal once we are tired of traveling and not having a place to "call home". Priorities change, the world is changing, and I struggle with balancing future and current desires. I might not want to live on $20k/yr indefinitely, nor might that be sustainable long term.

Being at a turning point in my career, has me questioning so many things about my short and long term goals.

classical_Liberal
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Re: 2Birds1Stones' 25 month hustle to freedom!

Post by classical_Liberal » Wed Feb 21, 2018 7:41 pm

@2B1S
Yeah man, I hear ya.

I think we are in a similar situation in many ways. I have the advantage of having been here before, but in a less financially stable way. By that I mean, about 10 years ago I had it up to my ears with the career I had at the time; along with suburban, middle class life in general. I had two or three big itches to scratch. Things I had wanted to do before, but didn't because I feared it would endanger the very comfortable traditional life I had already achieved, sans kids (but the relationship and potential for them was still in play). Eventually, I just went for it, with little planning and even less financial backup. I still managed to make everything work out and this was the height of the great recession 2008-2009. I found no problems making money to make ends meet (albeit I wasn't traveling, but I did relocate) and picked up a bunch of marketable skills in the process. I also tried few things I thought I may like, but absolutely did not!

For the most part everything turned out great, but once done, I was ready to get back to a normal adult life for awhile. Luckily one of my itches resulted in me opting for the education required to start my career as a nurse and I was able to get back into the thick of things from an earning standpoint very quickly. This time though, I already knew things do not equal fulfillment & that suburban, middle class sucks fat ass in too ma y ways to count. I quite accidentally paid off the nursing school debt and started saving rather rapidly; I just had nothing to spend my, again, increased earnings on. Much has happened since, but here I sit, significantly more financially stable than my last mini-breakdown, a career that would allow 3-mo year work, still cover all expenses, and I've got some pretty big itches to scratch again. I think it's getting to the point I need to go for it. I know, if I so choose, I can start all over again after a few years of satisfying my travel itch (even without my current career) and be in (earnings wise/financially) a great position shortly thereafter.

OTOH I feel if I go for it now, I've given up on the concept of FI. At this moment FI seems sooo important because I'm in "freedom phase". If my personal history repeats, this season of total freedom desire will pass after satiation and it'll be time to try out something else with a little structure. Maybe FI isn't really needed, just overkill, at least for me. I have no intention of RE'ing in the near future, I may never retire. What I need is productive, new (to me), interesting, paid semi-structured work, interspersed with years of freedom to do my own thing.

I realize I/we and most everyone frequenting these forums have a very conservative streak, at least financially. However, I'm more drawn to ERE vs MMM/others because here I can live a lifestyle of my choosing. Having confidence in my marketable skills, money will be there if/when I want or need it. I may not be a true Renaissance man in the sense I can knit my own socks, but I can trade one of my many other ever increasing skill sets for money that will purchase me socks any time I desire. I may not be FI in the sense I have 33X my proven track record for expenses, but no matter what happens I wont be lacking for money in the next decade. I could maintain status quo and sit at the cool table in a few short years or I can just do my own thing and still eat lunch.

You do what you need to, you know who you are. Following the more conservative voices is the safe and probably the best bet. I just blather on because I want to be a counterpoint to some of the more conservative thoughts reverberating through the forum.

Whatever you do, keep us updated!

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