FIRE Crossroads 002: Military to Practice Radiology

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With a net worth of $2.5 Million in their mid-forties and a strong pension coming their way, I’d say today’s Crossroads interviewees are in a sweet spot.

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Why then, does he continue to work full-time when he doesn’t have time to do the things he enjoys? He does have plans to change this in the future, but he feels he’s reached a crossroads and could benefit from some reader input.

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Getting to Know You

Where are you on your financial independence journey? Have you crossed the halfway point in terms of net worth and/or passive income?

This is a little challenging for me to answer. I would say we are “near” FI. I could probably stop my full time regular employment tomorrow, but we would have to significantly alter our lifestyle, including moving to a lower cost location.

This isn’t something my family is willing to do, even if it means I never have to work again. I think we have definitely reached the halfway point; although, this does bring up an interesting consideration. We haven’t really set a specific number to “hit” in terms of FI/RE.

Tell us about your household. How many people and at what ages? Are you supporting anyone outside of your home? Where do you live?

I am 44 M, wife 43 F and we have one 9 year old child (4th grade). We live in the upper Midwest in the suburbs of a major metropolitan city. We do not have a responsibility to financially support anyone outside our household. Both sets of parents and our respective siblings are alive and require no financial support at present.

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