Hi All,
I read ERE about a year or so ago, started looking through the journals, and started tracking savings rate, expense %s, and NW/Annual Expense data at the start of 2024 - copying other folks in the journals here. My goal is to have more free time and fewer work hours within 5 to 10 years, and I'm thinking that would take the form of continuing to work 20 hours a week, or something like that. I'm a 46 year old male with no kids and no car, and live with my long time female partner in a HCOL area. My NW is about 4.7x annual expenses, and with my proximity to Social Security age and my plan to continue to work part time I shouldn't need 25x annual expenses to start to work less and enjoy more time doing whatever I want to do! My savings rate is just under 50% (the savings includes a 25% 401k match and I also earn about 2.5% of my salary amount through playing music). I'd want to do more music when I eventually have more time, and I also would like to be able to get creative with what I do with my time, socialize more and wander the city, and have more time for wellness and peacefulness.
My journal is entitled "Funky Freedom's Journal". Feel free to check it out and post a comment if you want. I'm hoping to interact with likeminded folks on a similar journey on this blog.