What's the number?

[Foggy_Goggles]

The number is now.
I'm tired of doing interviews, I don't really want to work in big tech anymore and smaller more flexible shops are harder to come by. I'm an old C guy and haven't written that much C++ 11.

I would like to have a little income, but I think we can do it from here despite looking down the barrel of 2 college educations.

Fuck yeah buddy!

[ötzi]

Awesome, B. It's gonna be good. Enjoy.

[Mustonen]

For a lot of folks who would otherwise be comfortably retired or free from work -- their kids, through no fault of their own,are going to need a lot of help.
And life can go financially south in a hurry--a wildfire, a flood, a swindle, a kid that needs rehab. Best to count our blessings while we still have blessings to count.

A divorce...

Though as it turns out, even losing half my retirement, taking on ALL the joint debt, and paying alimony and child support, divorcing a partner who doesn’t make meaningful income has meant that, on balance, my standard of living hasn’t changed too much after getting on top of that initial impact. At this point, all the debt is paid off and I’m actually moving forward again. Having a partner now who does have meaningful income will likely lead to moving that date forward, if anything.

In 3 years alimony cuts out, child support starts to cut out as kids graduate from high school, and at that point it’s a race to the number.

[GoldMember]

I used to be able to write, but that's kind of been broken for a while. I can't beat the cash register anymore. I'm forgetting a lot of stuff.

I'm good at knowing where to ski and we made a very good choice 17 years ago...but that's not marketable. My wife keep telling me to do a Rick Steves for skiing.

Greeter at Walmart??

Start a Euro Ski-Blog for N. American touristas, should we ever get back to traveling. Probably wouldn't make any money at it but could potentially score some free lift tickets, maybe some lodging, maybe more. We did that pretty successfully for about 15 years with our video gigs. I don't know, there's something out there for you, just need to explore some ideas.

[Buster Highmen]

Fuck yeah buddy!

Thanks!

Awesome, B. It's gonna be good. Enjoy.

I hope so. I'm generally a pretty anxious guy and definAtely have panic attacks about the future, but it's getting time to say fuckit.

btw, both you fuckers better visit us in CO.

I am building a little guest shack in the backyard here in WA as well; should be habitable by July.

[ncskier]

I used to be able to write, but that's kind of been broken for a while. I can't beat the cash register anymore. I'm forgetting a lot of stuff.

I'm good at knowing where to ski and we made a very good choice 17 years ago...but that's not marketable. My wife keep telling me to do a Rick Steves for skiing.

Congratulations. I can say that I probably will never feel like I have enough, but if anything covid made me realize I was financially independent and working was icing on the cake. No expenses, good pile of assets, college money saved years ago, etc.

I’m too young to stop and I genuinely enjoy making more money for the sake of my family’s future, but if anything covid got me back my time. So perhaps a reimagined future in a post pandemic world is in order.


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[The AD]

Congrats, Buster. I'm confident you'll keep yourself busy.

[plugboots]

Way to go buster.

For a lot of folks who would otherwise be comfortably retired or free from work -- their kids, through no fault of their own,are going to need a lot of help.

A bunch of years ago I went to a friend’s parents Christmas party at their monstrous house on the water on Mercer Island, (near Seattle). They ended up selling and moving into a small condo. It seemed to be more than just simply downsizing, (something didn’t make sense obviously). I just found out that about 10 years ago they lent $2 million to their son and he never paid it back.

[liv2ski]

Never lend out money you need back. Learned that lesson long ago.

[GoldMember]

Never lend out money you need back. Learned that lesson long ago.

Very true. I've had a few incidents where this has been the case. I gave up hope in getting it back years ago and, true to form, those I lent to dropped below my expectations.

[easyrdr]

Never lend out money you need back. Learned that lesson long ago.

Truth

[zion zig zag]

Strong work on hitting the finish line, buster.

And: Never lend money to family. It’s either a gift or nothing.


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[Buster Highmen]

Congrats, Buster. I'm confident you'll keep yourself busy.

Way to go buster.

Strong work on hitting the finish line, buster.

Thanks all. I'm peering over the edge and frankly scared of not producing an income. This is an odd sacking up.

[Meadow Skipper]

^ Except for the misgivings, way to go B!

[yeahman]

I just found out that about 10 years ago they lent $2 million to their son and he never paid it back.

Two million, holy crap. I once asked my dad to lend me three grand for some business idea I had. He said no. I wrote him a nasty letter. Years later he told me that letter really hurt him. He remembered every word. I had completely forgotten about it. But I apologized and said I was wrong. He said he always wondered if he'd made the wrong decision.

[ncskier]

Two million, holy crap. I once asked my dad to lend me three grand for some business idea I had. He said no. I wrote him a nasty letter. Years later he told me that letter really hurt him. He remembered every word. I had completely forgotten about it. But I apologized and said I was wrong. He said he always wondered if he'd made the wrong decision.

You didn’t happen to found Amazon or google?


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[XXX-er]

i lent junior money to buy a DH frame so he could keep riding and he fucked around paying me back, so I said i'm never lending you money again, he eventualy did pay me back but the statement stands

now he runs the shop and i have to go with my hat in hand for the deal

but thats OK cuz i think he learned some shit about business

[LeeLau]

Del

[LeeLau]

Annual bump. Covid changing anyone's calcs?

I hit FU money at 38 twelve years ago. This site is US centric so absolute numbers are meaningless. All Covid did was add to the bag of FU

[xyz]

Covid pushed me over the line but I’ve been WFH part time (at full pay) for the last 18 months. You can get away with a lot when you have nothing to lose. After a couple months of not working I can’t imagine ever working again and have no idea how I did it for 18 years!

[shafty85]

I hit FU money at 38 twelve years ago.

I’ve always wondered about that. Any interest in sharing/extrapolating on that?

Gotta say that I have no clue about what the number would be but at 35 with a 6 month old and hopefully at least a couple more to come, I don’t know how any of you have been able to retire, period. Both wife and I have what would be considered “good” professions but neither of us have even a sniff at retiring before 65. One thing I’ve realized is that working for someone will likely lead to difficulty retiring at 65, let alone early, unless you’re in a field that pays FU type wages (of which I’d say 99% of us are not a part of).

For those of you who have done well financially - what would you say was the key for you? Smart investments? Great business idea? Luck (no judgement there on my end - the saying goes that you have to be good to be lucky and lucky to be good). Combination of factors? Trying to figure out how to achieve what some of you have done financially.

[xyz]

I’ve always wondered about that. Any interest in sharing/extrapolating on that?

Gotta say that I have no clue about what the number would be but at 35 with a 6 month old and hopefully at least a couple more to come, I don’t know how any of you have been able to retire, period. Both wife and I have what would be considered “good” professions but neither of us have even a sniff at retiring before 65. One thing I’ve realized is that working for someone will likely lead to difficulty retiring at 65, let alone early, unless you’re in a field that pays FU type wages (of which I’d say 99% of us are not a part of).

For those of you who have done well financially - what would you say was the key for you? Smart investments? Great business idea? Luck (no judgement there on my end - the saying goes that you have to be good to be lucky and lucky to be good). Combination of factors? Trying to figure out how to achieve what some of you have done financially.

Low expenses. Avoid lifestyle creep. Avoid housing creep. Used car, short commutes. Eat at home. Don’t be afraid of the stock market, it’s not a casino.

[VTeton]

I dont have FU money but I found a way for the owner to make a bunch of extra money and asked for a % of it in the pitch.

[easyrdr]

I’ve always wondered about that. Any interest in sharing/extrapolating on that?

Gotta say that I have no clue about what the number would be but at 35 with a 6 month old and hopefully at least a couple more to come, I don’t know how any of you have been able to retire, period. Both wife and I have what would be considered “good” professions but neither of us have even a sniff at retiring before 65. One thing I’ve realized is that working for someone will likely lead to difficulty retiring at 65, let alone early, unless you’re in a field that pays FU type wages (of which I’d say 99% of us are not a part of).

For those of you who have done well financially - what would you say was the key for you? Smart investments? Great business idea? Luck (no judgement there on my end - the saying goes that you have to be good to be lucky and lucky to be good). Combination of factors? Trying to figure out how to achieve what some of you have done financially.

Live below your means, save, invest.

I split my investments between the stock market and rental properties. I owned/managed seven single family homes that I purchased over a decade. The tenants rent covers the mortgage and expenses, took a line a credit out once I paid one down, used the funds to buy the next one and so on and so on. The stock stuff, I just found a good manager and let it ride, 20 years later still going, deposit into it religiously. If you are in it for the long term it is really hard to screw up. I have been self employed for the last 15 years (real estate broker). I'm 43 years old, I figure I have 3 to 4 more years to go to get to my number. No plans to retire, but big plans to cut back and take on only the work I want and ski a lot more. Of course this is the oversimplified version, I worked my ass off 24/7 for a long time to make it all happen, went 3 or 4 years without skiing, mountain biking, or anything else fun while building my business. Was the sacrifice worth it.......I don't know anymore but I see the light at the end of the tunnel and I can't fucking wait to get there.

[XXX-er]

I’ve always wondered about that. Any interest in sharing/extrapolating on that?

Gotta say that I have no clue about what the number would be but at 35 with a 6 month old and hopefully at least a couple more to come, I don’t know how any of you have been able to retire, period. Both wife and I have what would be considered “good” professions but neither of us have even a sniff at retiring before 65. One thing I’ve realized is that working for someone will likely lead to difficulty retiring at 65, let alone early, unless you’re in a field that pays FU type wages (of which I’d say 99% of us are not a part of).

For those of you who have done well financially - what would you say was the key for you? Smart investments? Great business idea? Luck (no judgement there on my end - the saying goes that you have to be good to be lucky and lucky to be good). Combination of factors? Trying to figure out how to achieve what some of you have done financially.

I guess I seen all them freedom 55 adds on TV but i fucked up & missed it by 6 years cuz I retired at 49,

I have zero idea what was key cuz i planned nothing, the IBM gig with the DB pensions was huge and i got that by hanging with the service managers kid, fixing his hot mustang and partying like its 1984 which hadn't happened yet,

those gigs don't exist anymore but it worked for me

getting divorced was a big money saver, even after paying child support ... net ahead

play the long game so think 30 yars out or don't think and wait till the end, spend 10% less than you make and invest/save the money ... not rocket biology