Post
Topic
Board Economics
Re: Financial Independence Retire Early [F.I.R.E]
by
JayJuanGee
on 05/01/2025, 22:54:35 UTC
As much as I want to achieve this goal but I think I understand more people living with their careers until they can no longer go to work. It has become part of their routines to still keep on working but with minimal efforts and have a continuous cash flow. If I get into that point, I'd say that I am retired but will do some minimal task or efforts that will still generate me cash flow. But as with what people see that, it's not complete retirement but at least, that's stress free whether I work or not, I have some savings with my retirement fund.

Of course, you don't necessarily need to reach full FIRE status in order to enjoy the benefits of having had built up enough of a nest egg so that you have some options and yeah, you might be able to reduce the quantity of your hours, or you might be able to reduce the kinds of physically demanding kinds of jobs that you do, since your body might  not be as capable of doing such physically taxing jobs including also being able to adequately recover from physically taxing kinds of work.  Some people are able to continue doing physically taxing work, yet most people suffer decline in strength, stamina and even their recovery times or their proneness to injury or getting sick or not recovering from their ailments as quickly and easily.

Having options continues to be a plus, even if you are not quite able to go into full FIRE status at the age that you would like to do so.

My standard of living has been pretty good in the past 7 years or so, and it seems to me that I was hunkering down investing into bitcoin for my first 4-ish years between late 2013 and late/2016 to early 2017, but then even though I was not really cashing out of my BTC, I was still able to improve my standard of living in 2017 and thereafter based on anticipations of what I had already established. .and surely gaining confidence that what I had done was enough.. even though I even started to have such confidences in early 2016.. when BTC started its recovery after spending so much time in decline in 2014 and time being stagnant in its price in 2015..

so if any of us stack bitcoin early, we might start to gain a lot of confidence in how our BTC is helping us to live better even if we still might not be completely living off of it, but perhaps merely allowing the bitcoin to ride or perhaps just allowing the bitcoin to supplement our income in minor ways as it continues to grow to a place in which it might be able to do more of the heavy lifting in regards to providing income to us... Perhaps? perhaps?  Each of us handle our bitcoin investment and allow for its growth in differing ways that hopefully does not contribute towards our cashing out too much of it too soon.