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by jandrewrogers
53 days ago
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FIRE is achieved primarily by not buying a lot of "stuff". Living a great life and having incredible experiences is relatively inexpensive and you don't need a lot of expensive stuff to do it. If you are being miserable then you're doing it wrong. FIRE should really just be a continuation of what you are already doing, just with less responsibility and financial risk. It isn't about saving up for a permanent vacation. It shouldn't even be conceptualized as a "vacation". Most people I know who are FIREd are busy living a mundane life they find personally satisfying. They aren't having an existential crisis. |
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"Permanent vacation" is permanent time off work, not a holiday. If you're continuing doing what you're doing, why quit? Why not just keep working and save 25% of your income instead of being frugal, saving 40-50% and retiring early to stay frugal? If you're the kind of person who is hard working enough to make good money, you're not going to enjoy retirement and living a "mundane" life - you might as well keep working on something you're passionate about and make money off it.
The only reason to FIRE is if your life's grand ambition somehow cannot be monetized at all, which in the current day is harder and harder to conceive.