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by geekster777
1836 days ago
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I think of it more as I could work a few more years at my current high paying miserable job, or the same few years + 1 at a flexible (arguably less miserable) job. For me at least, the goal has been to bank big cash early, then let the compounding do the heavy lifting towards the end. As I mentioned above, getting a 10% increase takes a lot more savings late in the game whereas the snowballing effect of compounding interest is stronger, so I'm coming out ahead just by staying afloat without dipping into my savings. I look at the work that appeals to digital nomads (pre-covid, this was work FAANG and other high paying jobs didn't widely offer), and it seems more valuable to spend some mobile years financing a nice adventure with the stability of a job that lets me work from home. It means a gradual transition to RE and that very little in my lifestyle should change once I pull the trigger. Personally I'm looking to reach FI /then/ transition to a remote/part time job as a way to reduce risk while offering some extra flexibility - everything I earn in that time should be gravy and it should allow me the freedom to travel and enjoy the experiences. |
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