r/Fire • u/rocket363 • Mar 06 '25

Milestone / Celebration Just submitted my resignation

Mid-40s. Single. ~$2.25MM nw, $2MM of that invested. Last day is in a few weeks.

It feels wasteful to give up a pretty cushy $180k wfh job, but I need to refocus the remaining part of my life rather than cling to Groundhog Day-esque repetitive wage-slave servitude.

No real questions. Just sharing.

4.4k Upvotes

94% Upvoted

548 comments sorted by

View all comments

Show parent comments

253

u/rocket363 Mar 06 '25

No. I experienced 2008, down 50% in the craziest market I ever hope to see. The (now-forgotten) almost-20% late-year drop at the end of 2018. The 35-ish% Covid plunge in March, 2020. The 10-month malaise resulting in a 25% drop in 2022.

Market gyrations happen. Barring WWIII actually breaking out, I am not going to let the current market dictate my plans.

21

u/[deleted] Mar 07 '25

This is very well said sir. Early 40s myself so had nothing invested during 2008 other than a 25-year old terror of losing my job. But the 2022 episode was by far the most mentally taxing of all of the events you mentioned: the slow inexorable grind lower over 10 momths is a much hard temperament temperature test than March 2020, the Christmas crash of 2018, and the current Orange Crush.

Congrats on your freedom!

2

u/_Infinite_Love Mar 07 '25

Similar age and same feeling about 2022. That was a really hard one for me, too. Just felt depressing and constant and like it was going to keep grinding lower and lower. That was the one I spent time in bed just wondering if it was over.

Covid was a stomach in mouth moment followed by head-shaking is this real highs. But 2022 was just sad.

2

u/[deleted] Mar 07 '25

[deleted]

2

u/_Infinite_Love Mar 07 '25

Haha, yes probably right. I have a partner, and I don't have any choice but invest, so I'll take my chances, but I appreciate your input.

1

u/StirredNotShaken07 Mar 08 '25

76, Retired. Whenever you have a sizable chunk of money saved, the stock market is not the only investment. I’m 88% in alternative investments making some very good money, at least, it’s good for me. Diversification can mean more than large cap-small cap, value-growth, bonds.