FIRE Crossroads 006: Mile High, Mostly FI, Working in Finance

If you were just a few years from FI and not loving your job, would you leave it? Sure, wine not? Olaf did just that and now splits his time between two part-time jobs, one of which has him setting up tastings as a wine ambassador. That sounds like a job that someone might hang onto well past the FI inflection point.

A frugal fellow, who is working on loosening the purse strings, would like to know how you find balance between saving for the future while enjoying the present, all while making progress towards financial goals. If you’ve found a formula that works for you, please weigh in down below after reading Olaf’s story.

Getting to Know You

Arrow

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

In my opinion, we are financially independent as we can go decades-plus without a job. However, in terms of traditional FIRE, we crossed the halfway point last year for leanFIRE and this year for fatFIRE.

With our home equity included, our net worth is equal to our FIRE goal. As a result, we are thinking of creative ways to capture the equity in our home and put this non-productive asset to use. As to whether that will come to fruition, only time will tell. Without our home equity, we are anywhere between 5/8 and 7/10 of the way to full FIRE.

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 part of a fantastic two-member household, plus a rambunctious tabby cat,that is beginning its thirties. My better half and I became engaged earlier this year after I popped the question five years in the makin

SWIPE UP NOW TO READ MORE

FIRE Crossroads 034: Mid-40s with $4.2 Million Net Worth

MORE STORIES

FIRE Crossroads 015: 2 Dentists, Nearly $2 Million, and 2 Different Goals