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Reply to "Has anyone here on a normal income successfully FIREd?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP, are you concerned that you are setting a poor example for your child by not working? I have a friend with a very high net worth who still works and sit on boards in large part because that is the adult life he wants to model for his kids. Obviously, he is doing work that he enjoys and he is in control of his time, but he's mentioned more than once that it is important to him to help guide his kids toward a productive, self-actualizing life. But, having kids isn't all it's cracked up to be, frankly. Why not just FIRE at your intended age and live your best life without kids? [/quote] Now OP can't have kids because he will be a horrible role model due to being financially independent around age 40. Surely this must be a joke.[/quote] Not a joke. In my opinion, if he lazes around starting at 40 while his kids are growing up with a net worth of only ~ $2.5m, he would be a horrible role model to his kids. I'm the PP and the person I mentioned above who has chosen to stay engaged in his profession to model a good life for his kids has an 8-figure net worth. I also don't think kids are all they are cracked up to be. If OP's first priority is FIRE, then the path of least resistance is to stay single. Kids are a heavy load, financially, emotionally, physically, and thus are not consistent with the goals of FIRE (specifically, freedom). [/quote]
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