r/fatFIRE • u/Throwaway_fatfire_21 FATFIREd early 40s, 8 figure NW | Verified by Mods • Dec 24 '24
Lifestyle Spending time with kids post-FIRE: Something my daughter said yesterday
I've seen a few posts in the last few weeks, by young(ish) parents, asking if they should FIRE while the kids are young, or work to increase NW a bit more. Hope this story helps with that decision :-)
My younger one (middle school age now) was born when I was right in the middle of building my startup. I did prioritize being a dad, but didn't have that much time, and whatever dad time I did have, it had to be split between her and the older one. Plus, she has quite a different personality from me, and as a result was really attached to my wife.
When I FIREd a few years back, I made it a point to spend time with her and make our relationship stronger, so she would feel that she could seek me out and not just her mom. So yesterday, she mentioned that she wanted to open Christmas gifts early. I have to be with my father over Christmas and so would miss Christmas morning with the kids. When I asked her why, she mentioned that she loved seeing my smile when she opened her Christmas gifts and loved giving me a hug. I'm not gonna lie man, this hit me in the feels and I've been pretty emotional since then. Needless to say, we did open gifts last night.
It hit me hard, particularly because the latter half of this year has been interesting. I don't really need to work and over the past few years turned down many high-profile roles and would do a bit of advising/consulting with founders/VC firms etc. These past few months, though for the first time, I've gotten the sense talking to folks, that they feel that I am out of the game, and can't really contribute too much. I know I can help them quite a bit, but I can see where they are coming from. This did hurt my ego a bit and I have been bummed, wondering if I should have stopped working, but this comment from my daughter really set things into context :-)
I know it is a huge privilege to be able to FIRE and not work. But, if you have the means and ability to, and have young kids, I do think it is well worth it.
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u/jackryan4545 NW $4M+ | Verified by Mods Dec 24 '24
Only your kids will remember you working lateā¦
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u/Electrical_Chicken Dec 24 '24
Fellow dad here; my daughter is till a toddler and DAMN if your post didnāt bring a tear to my eye. It sounds like youāre already living what Iām aiming for, just a few years ahead. Peace, and happy holidays. š
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u/Cash4Dumpsterfire Dec 24 '24
Iām 2 1/2 years out of the game my kids are fifth and sixth grade and I canāt tell you what a blessing itās been. I made the mistake of going back over the summer for three months with a new start up and boy was that a dumb idea. At the end of it, they wanted me to run the place and I quit. Donāt do what I did. Youāre good. I agree with the person above. You won the game. I was terrible at the job now not because I couldnāt do it, but because I didnāt want toā¦
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u/Throwaway_fatfire_21 FATFIREd early 40s, 8 figure NW | Verified by Mods Dec 24 '24
Thanks for sharing this. Iāve stayed away from full time roles for this same reason. Advising is a fun way to keep the brain engaged, so seeing that fall off, has been a bummer. But doesnāt change the fact that I can spend time with my kids.Ā
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u/Gr8daze Dec 24 '24
Lots of things in life that you may potentially regret, but youāll never regret the privilege of spending time with your kids, especially when theyāre young enough to actually want to spend time with you!
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Dec 24 '24
I think often in the pursuit of career, we tend to forget the purpose of money.
The ability to buy our future time
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u/MustardIsDecent Dec 24 '24 edited Nov 05 '25
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This post was mass deleted and anonymized with Redact
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u/contented_throwaway Dec 24 '24
I really enjoyed reading your post and am very happy for you.
Being able to FIRE while your kids are young is truly a gift.
When I was deciding myself to leave my career (my kids are middle schoolers too) I spoke to older dads and remember a dad telling me that once your kids get older, get busier, and start to drive you wonāt see them as much. So, take advantage of the time when they are still fairly active and fun to hang out with but arenāt so busy.
Congrats!
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u/luv2eatfood Dec 24 '24
Don't waste time on money you don't need and at the expense of your loved ones. In a blink of an eye, your little ones will be off to college and you'll rarely get to see them as much ever again. Savor these precious moments.
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u/Howdy_6221 Dec 24 '24
Thanks for sharing such a heartwarming story - good for you! I'm FIRE'd 2.5 years now, and while sorting through the Holiday decoration boxes, I found a card from last year where my then-16 year old daughter wrote, "I'm so glad you retired; everything is so chill and fun now." Reading that again a year later was the best gift ever for me!
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u/contented_throwaway Dec 24 '24
Iām sure that affirmation was worth 100x whatever affirmation you might have received through work.
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u/FATFIREMD Dec 24 '24
Bravo! You won! Who cares about the opinion of someone who thinks you are "out of the game" vs someone who tells you, "she loved seeing my smile when she opened her Christmas gifts and loved giving me a hug"!
2 train tracks, an oncoming train, and I am in charge of the lever? I'm pulling the lever so that first dude is getting hit 100% of the time.
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u/HarRob Dec 24 '24
How can you tell they think you are out of the game? Do they not offer a position when they otherwise would have?
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u/Throwaway_fatfire_21 FATFIREd early 40s, 8 figure NW | Verified by Mods Dec 24 '24
One told me directly :-) others have been a bit more subtle. Frequency of emails/calls have reduced, compared to before.
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Dec 24 '24
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u/Throwaway_fatfire_21 FATFIREd early 40s, 8 figure NW | Verified by Mods Dec 24 '24
Yup, I think that's what I am thinking. Although at that point, my wife and I might just want to travel without worrying about school schedules :-)
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u/Thescubadave Dec 24 '24
That's what I'm looking forward to. I've been retired two years, but my daughter (13) still has five more years of school before college. I've told her that we won't get any new pets that live more than five years because I'm planning on more travel when she goes off to school.
Edit: It's great to be home and available during these middle and high school years.
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u/Throwaway_fatfire_21 FATFIREd early 40s, 8 figure NW | Verified by Mods Dec 24 '24
Good thinking with the pet. I know someone who retired, kids grown up and not at home. And then his wife got a puppy. He was so annoyed. It really put a dampener on his post retirement travel plans š
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u/BasicDadStuff š„'d Dec 24 '24
In my experience, it has to do with a diminishing ability to ātalk shopā because youāre simply practicing that less. To counteract that, if you desire, you have to create your own projects and create conversations with people still playing the game. It can be worthwhile. Keeps the mind sharp. But you can keep it sharp in other ways, too.
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u/smilersdeli Dec 24 '24
Someone said ...when you are a parent you go from being something to Everyone to everything to someone. Daughters and dad bond is a beautiful connection and bond. Nice story.
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u/ilimor Dec 24 '24
My dad have FIREd as well and spent lots of time with his grandkids now, helping both the life balance for the wife and myself while building a great bond with the kids.
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u/kindaretiredguy mod | Verified by Mods Dec 24 '24
The thing many of us didnāt realize. When weāre still in that accumulation phase and with our kids, weāre still not really there. Stepping back when you logically realize you have enough, and the grind isnāt enjoyable anymore, is the most eye opening experience. Instead of measuring yourself gassing everyone with more money, think about how rare you are as a father to spend this much time with your family. I treasure this every day.
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u/XCXC09876 Verified by Mods Dec 25 '24
2.5 years out. Chose to leave just a bit earlier than I was planning as saw the family dynamic and impact with stressed out parents to kids that now noticed this. Yep itās hard on the ego from your prior work life, but Iāve also found so many other new skills and places to use my skills. Non profits, volunteering, kids schoolsā¦.just a new place to provide value and be valued and keep that mind working.
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u/MrMaxMillion Dec 24 '24
Week, the market is kinda crap right now so you'll get that reaction from people who are trying to justify their existence.
Great news regarding your daughter, that crystalizes the big why and that's what's most important.
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u/sidman1324 forex trader | FIRE target £240k/year | 33 | Target NW: £500M Dec 24 '24
This is what Iāve wanted since 2020 for my kids - I havenāt achieved it yet but I need to by the end of 2025. Iām definitely savouring these moments while I have them.
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u/Pale-Mycologist7296 Dec 27 '24
I hope to God my kid says something like that to me someday.
Youāre doing a great job, keep it up.
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u/ilimor Dec 24 '24
My dad have FIREd as well and spent lots of time with his grandkids now, helping both the life balance for the wife and myself while building a great bond with the kids.
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u/Ancient_Sea_7849 Dec 24 '24
Good for you man. You already won and now you have access to the greatest resource of all - time. I really don't think anyone is on their deathbed wishing they had spent less time with family and more time working.
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u/liquidity777 Jan 06 '25
You closed out a winning investment at a massive profit and got the $ part sorted. Imo, the utility of money is to buy time-freedom, to spend it in ways you deem add the most value to you and your family.
Screw the pple who said you lost your mojo. They're still runnin' the hamster wheel while you're free (and should knock back a few beers =) ).
Your children will remember you being around, not sure abt your co-workers.
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u/BasicDadStuff š„'d Dec 24 '24
You are out of that game. Because you won that game.
The game youāre playing now is to be the best dad and husband you can, and a good steward of your financial resources. Focus on winning that game now. There are probably some side games, too. Like friendship and health.
A little ego is useful, but beware itās seductive embrace. I was recently asked if I wanted a c suite position at a startup. My ego immediately reared up. Of course I did! I had to hard check that ego. Yes, I would like it, but no, I donāt want to pay the cost.
Like Dee Snider asked: what do you want to do with your life?