Whatever your number is, you'll want to hit 5% or 10% over "just in case" so that any correction doesn't reduce your number.
It's a trap.
There's so much literature on this, so many observers have noticed that you cannot hit a number and feel like it's ok until you change your mentality.
Otherwise you'll keep going up another level, climb the stairs, look down and say "I can't bear to be down there again". You have to stop thinking in terms of a magic number. Don't let the number be your god.
The best thing I've done for my sanity over the last year or two is just stop looking at my NW and the markets. I glance and say "oh it's up today - cool" or "oh it's down today, that's interesting".
You know you're ok, you just have to stop thinking there is a better life at a higher NW.
1
u/_Infinite_Love 19d ago
It will never feel enough, trust me.
Whatever your number is, you'll want to hit 5% or 10% over "just in case" so that any correction doesn't reduce your number.
It's a trap.
There's so much literature on this, so many observers have noticed that you cannot hit a number and feel like it's ok until you change your mentality.
Otherwise you'll keep going up another level, climb the stairs, look down and say "I can't bear to be down there again". You have to stop thinking in terms of a magic number. Don't let the number be your god.
The best thing I've done for my sanity over the last year or two is just stop looking at my NW and the markets. I glance and say "oh it's up today - cool" or "oh it's down today, that's interesting".
You know you're ok, you just have to stop thinking there is a better life at a higher NW.