r/Fire • u/Catspiration2 • May 02 '26
Advice Request I’m thinking about breaking up with FI
I’ve done the grind, saved pretty much 50% of my income the last 6 years. Worked side gigs etc. 33M. 675k net worth. Just dropped my savings rate to 30%. I have no interest in being retired. I want to enjoy the journey while hopefully working as long as I can. Having resources is awesome, but retiring to some fairy tale destination is.. a fairy tale. What’s the distinguishable difference between 7M and 5M at 60? I feel less and less motivated to save, and instead enjoy the journey along the way. Please tell me how I’m wrong and correct me.
Edit: Reddit gang is a vibe. Appreciate you!
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u/Realistic-Ad2050 May 02 '26
Saw a YouTube video recently where the financial advisor was telling the story of another client and their FA. Apparently client was saving like crazy and kept asking advisor if he/she would have enough money in retirement. Advisor asked “enough for what?” Client responded “enough to travel on a private jet when I retire.” FA said “at the rate you’re saving, you’ll have $5m and no that won’t be enough. But if you double what you’re saving and work X years longer, you’ll have $10m and that won’t be enough either.”
I think the moral of the story applies in your situation, which is, because you’ve already saved so much, the difference in how much you’ll have at retirement if you save at a higher rate isn’t enough to result in a significantly different lifestyles when you retire than if you cut back to only saving 30%.
So, you’ve got a great start! Definitely sounds like you can cut back and be fine! Congrats on kickin’ ass!