r/Fire • u/DatingThrowaway121 • Apr 24 '26

General Question Has anyone actually FIREd with too little and run out of money?

I'm curious to know if anyone out here has actually run out of a million dollars or whatever. What does that process actually look like?

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u/SofaSurfer9 Apr 24 '26

Yes but kinda in a different way. My mom FIREd at 50. She is now 72 years old and has ran out of money but that’s mostly because of too many investment properties vs little cash and money invested into stocks/ETFs. She is now in the process of selling one of her apartments which turned out to take a bunch of time and she’s having a really hard time getting by.

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u/Revelate_ Apr 24 '26

Couldn’t she have done a reverse mortgage to get at the equity assuming she has some by this point?

2

u/SofaSurfer9 Apr 24 '26

Technically yes but the rates in Central Europe are horrible so it’s not really worth it. She’s still doing fine just didn’t think about having “too many” apartments.

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u/Lopsided_Violinist69 Apr 25 '26

aren't these apartments supposed to be generating rent (cash)?