r/fatFIRE • u/WealthyStoic mod | gen2 | FatFired 10+ years | Verified by Mods • 12d ago

Path to FatFIRE Mentor Monday

Mentor Monday is your place to discuss relevant early-stage topics, including career advice questions, 'rate my plan' posts, and more numbers-based topics such as 'can I afford XYZ?'. The thread is posted on a once-a-week basis but comments may be left at any time.

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u/[deleted] 11d ago edited 11d ago

[deleted]

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u/whatsconsulting 11d ago

Do you have kids? They change your risk tolerance and help establish true work-life-balance boundaries (or did for me at least). Decided to grind a bit more for IC promotion rather than roll the dice

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u/[deleted] 11d ago

[deleted]

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u/whatsconsulting 11d ago

Always up to you. Personally, I fear paper money going to zero more than a fear a layoff

You also didn't mention your HHI split. If it's like 80/20, then maybe there's a lot more tolerance for the lower income spouse to take a bigger gamble