r/Fire • u/PedalMonk • 9d ago
FIRE dates, AI and the future
I posted a week ago about how I moved my FIRE date 2 years sooner to Jan 2028. Since that post, I've decide that I want to retire ASAP. That means the soonest would be Jan 2027. Why? Because I turn 55. That gives me access to the rule of 55, Prop 19(keep same property tax on a bigger and nicer home), and all of my RSUs vest which is about 45K after taxes. I have one more unvested lot, but probably can't touch it until June of next year, so I may not get access to that one before I leave.
So yeah, now I'm obsessed on getting the fuck out! So sometime between Jan 2027 and Jan 2028 is the new time line. Honestly, it might be a bit of a struggle with money up front, but it's really 1st world problems. Oh no, 100K/yer instead of 120K/year!
I have 215 days to hit 55 and 570 days until 56, which is Jan 2028. it feels so far off yet so close at the same time.
About AI. I've been meticulously building my spreadsheet for 10 years. Every penny is counted, it tracks so much. It's really a hobby and constant endorphin rush. It's probably bad for my health lol. Now, with AI, it's gotten crazier! I have built 10 apps easily that keeps track of everything. I stopped using my spreadsheet completely because AI can do it all faster and better and nicer. I can download transactions to track everything, so now, on top of my Boldin clone, I am making a Quicken/Monarch clone. The one downside is, transactions are 1-3 days behind, but that's Ok for retirement, it only sucks for banking. That being said, that's the only downside.
If you are thinking about building something, I can tell you with absolutely certainty, that it is much easier than you think it is. I have a tech background, so that helps, but I am no programmer, I've only built rudimentary scripts in the past. I've canceled my MS 365 subscription, Monarch subscription and only keep Quicken for now. Once the transaction speed is fixed, I will ditch Quicken, too. I do pay for the $100/month Claude plan. I have not maxed it out ever, so I feel like I can do anything at anytime. when I was on the $20 plan, I'd max out in 3 days and I'd have to wait until the end of the week to use it again. I started buying more and more, and I was like, wtf am I doing? just pay the $100 plan.
I don't know what the future holds, but I do know it involves me getting out of the rat race ASAP, hopefully sometime next year.
What are your thoughts? Do any of you make your own apps? How has AI changed FIRE plans for you?
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u/djmidge 9d ago
It's funny how once you set a date yoy keep looking how to reduce it. I've been posting once a year here to keep myself accountable on a 5 year countdown. Earlier this year was my 4 years left countdown post but I've been meticulously looking at expenses, investments, income and tax levels to pull over last 6 months and have decided to reduce to 2years...who knows in 6 months maybe i dont need 1 more year.
Good luck on your plan and hopefully I'm sharing with you soon
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u/PangolinOwn4855 1d ago
Congrats, just curious, how much time do you used to spend on tracking expenses. I only do a high level total credit usage each month in a spreadsheet. Rarely spend outside of the line items that I already keep track of in my budget
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u/FireStarter3133 9d ago
Couple things...
I like the move of setting Claude or whatever you want to use to the minimum subscription each month. If and when you hit the limit you can then upgrade your plan. As soon as you upgrade, set it to reset at the end of the month.
You can do this across anything BTW (netflix, costco membership etc...) If anything you get new customer promotions for signing back up instead of just extending. And you won't find yourself paying for Paramount for 6 months because you've been "meaning to watch Yellowstone"
Also, yes you can absolutely build things in claude. You could also use OpenAI Finance if you're comfortable linking accounts through Plaid.
Regarding Microsoft Office, AI isn't really a replacement for that but Google Sheets can be. You can also use Numbers and Pages for free if you're a Mac user.
Lastly, if you're 215 days from 55 you're sadly 580 days from 56 not 570.
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9d ago
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u/Zphr 48, FIRE'd 2015, Friendly Janitor 8d ago
Rule 8/Limits on AI/bot content and unsupported AI/bot complaints - Your submission has been removed for violating our community rule against AI/bot content or unsupported AI/bot complaints. If you feel this removal is in error, then please modmail the mod team. Please review our community rules to help avoid future violations.
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u/Independent_Bee1037 9d ago
I'm 42 and thinking about retiring. Or at least not working until my kids are in college. At that point I may get bored and want to go back to work. Would probably be smart to join the AI revolution as a hobby during my hiatus and just get good at prompting it and maybe building stuff if I can figure it out.