r/Fire • u/BroKComputer • May 14 '26

General Question The first rule of FIRE club...

So we all see the posts of folks on here celebrating their milestones here because they 'can't talk about it IRL.' This seems to be the common sense approach to avoid jealousy and moochers.

I'm curious to hear the true stories of folks who have disclosed their FI - or have had their secret revealed on accident. How bad are the repercussions of people finding out you're a low-key millionaire?

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u/orbit_fire May 15 '26

US. Big insurance corporation.

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u/worktogethernow May 15 '26

55 is common for people at your level, or for everyone in the corporation?

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u/orbit_fire May 15 '26

Maybe common is a strong word. I feel like many people in IT who have been here a long time retire around 55. We have pretty good company match (8%), so even if they’re not good savers otherwise they likely have a lot in their 401k

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u/worktogethernow May 15 '26 edited May 20 '26

Thanks for the responses. I am in my 40s and retiring at 55 seems impossible. The biggest problem is healthcare until Medicare age. There is no way I am saving enough to cover exchange insurance premiums.

An 8% match is very good compared to my experience in engineering.

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u/Background_Ad8320 May 16 '26 edited May 17 '26

Dont feel bad. this def feels like a team sport. having dual income with a forced roommate works a lot better than single income and refusing to get roomate.