I've officially made enough to be financially independent without a "real" job.
I've officially made enough to be financially independent without a "real" job.
Hey all, I just put in my notice at work. I actually have enough in savings and investments to not work.
No more rat-race for me. I feel amazing, even on this cold winter day!
Congrats! How'd you do that?
Worked really hard. Live in a low cost-of-living area. I'm not rich or anything, but property taxes here are small. Small rural town. And I just lived very frugally since I was in my teens. I'm in my 40's now.
And I have some side-hustles going on. I can't really mention them, since Lemmy would hate them, but has to with ads and things. And one was a fly-by-night thing that was brief but profitable. I put all the profits into paying off my house and land.
My kids moved out and are on their own. And my gf has a good job and lives in her own place. So basically I'm totally free.
I wish I could say I was a wise investor or some wall-street tycoon. But nah, I live in a small rural conservative town. The exact kind of place that most of lemmy hates. Everyone here has cowboy hats, gun racks in their pick-ups, etc.
But I don't care. Now I don't have to work. It's weird though. By the things you read on Lemmy/Reddit, doing what I'm doing is impossible.
Well, it's impossible in a big city. But in rural towns in boring states, it's very possible.
this dude does AI, get him fellow crabs 🦀
Sounds like you're doing some form of financial independence, retirement early (FIRE). Congrats! A coworker did that a few years ago and it was eye opening.
I've played around with a retirement calculator and it looks like 55 is going to be my first reasonable chance. I live in mortal fear of running out of funds. Who knows how long any of us has, but it would be terrible to be upper 80s or 90s and penny less.