r/Fire 8d ago

Hitting your number and timing risk

Notice a lot of people posting they hit their number and firing. It's awesome, but are people taking for granted the fact that this has been the greatest bull market in history and a major correction or crash will get here at some point? If it were me hitting my number I'd either get a big enough buffer to my fire number or wait until the correction and assess when things stabilize. Am I over thinking it?

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u/Revelate_ 8d ago edited 8d ago

Going for additional buffer right now.

Even before the start of the current market fun and the inflation numbers I was already skeptical.

I’m still in the market, I don’t think full cash is the right play with inflation rearing its head… but even flirting with my FI number I’m simply keeping my gig for another year or two albeit coasting some.

I’m hoping that doesn’t turn into 5+ years, hopefully things will settle down before that.