Biggest Mental Hurdle
I have always hated the idea of the FIRE movement.
The concept that you work so hard only to hit a number or a moment in your life when you are going to throw out that work and retire never sat well with me.
That being said, I feel like while I don’t personally have a desire to retire, I do have a huge feeling of urgency to hit a certain number by a certain age.
The truth is that number changes. Often daily/weekly.
But as of now it’s probably roughly $10M by 30 or $20M by 35.
Or, some days I think “actually, I just want $100k/mo post taxes” (despite not being able to spend what I make monthly today)
And I think that is exaggerated by seeing tweets and posts by 0.0001% of people who have been able to achieve these huge numbers at a young age.
It’s frustrating to me because:
Once I hit “my number”, I don’t plan to stop working
I already have a crazy amount of freedom to travel & explore, so it’s not like it will suddenly give me more of that
It feels like this desire is based more on fear/envy than it is on building financial confidence.
I feel great today, but that feeling of “I still need to hit this in order to feel good” lingers.
Does anyone else experience this? This is a top goal of mine to overcome in 2024.