this post was submitted on 02 Dec 2024
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FIRE (Financial Independence Retire Early)
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FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.
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With the recent market rally, my portfolio has finally reached the point where a 4% withdrawal rate would pay more than my first job after I graduated university. I could theoretically leanfire on that amount, though I'm planning a higher number due to lifestyle inflation since then.
Good work! That's worth celebrating!
Any plans to change up work? Or just keep going until you hit your number?
We shall see. My company is pending mass layoffs so I may not have a choice in the matter. As of now, I hope to just keep going as my company provides a decent work life balance (lots of PTO compared to basically every job posting I see)