Reply to Has anyone here on a normal income successfully FIREd?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I have never heard of FIRE - but did a google search and my husband and I think like that anyway.

We make normal incomes save aggressively (very aggressively) and had kids between 36-40z. We are 50 now.  We also have rental properties that are paid off.  Live in an amazing school district in a 1000 square foot house.

I love my kids!  More than anything!  But they are expensive.  We are aiming for 57, but that seems like a stretch.  We talk of moving to low cost of living area, but there are still things I want like travel.  $60K would not be enough.

If you can do it good for you. How would you afford hobbies?  Travel? Any entertainment for the rest of your life?  Not sure I could do that.

I am thinking off top of head, at some point you’d need a new car, property taxes, health insurance, home repairs, new appliances- I hair don’t know how far $60K would go for very long.[/quote]

He wants to FIRE at 38 not in his 50s.[/quote]

I think that was my point.  We save aggressive and maybe we could do it, but not have any extras.  I can’t imagine living that way starting at 38.[/quote]

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