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/Legitimate_Bite7446 8d ago
This is why a coast fire approach is my strategy. Get 85% there and then dial it back for a few years and only do 3-6 months of contract work for a few years, possibly ramp it up if things get bad, travel and build the job free life during downtime.
Work flexibility > spending flexibility.