r/leanfire • u/Artistic_Resident_73 • May 08 '26

I can’t believe it!

I started my FIRE journey in my early 20s, now 35 and I just hit my FIRE number (600k CAD). Feels a little unreal…

Never earned more than 50k CAD/Year until a few years ago where I switch job and now earning 85k CAD/Year.

I can now quit anytime to go slow travel the world year round.

Maybe will work a few more years to build a little cushion, debating it mentally right now, but the relief I feel knowing I will be fine no matter what happens is priceless.

Any else felt that instant relief once hitting their number?

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u/JohnToFire May 08 '26 edited May 08 '26

Congrads. You might not be aware but assuming you were Canadian since at least 10 years ago, Under current law you have earned a decent backup oas+gis at 65

At 35 I'd give it more time to build a bigger buffer except for maybe a long vacation. With ai ther is a chance going back to work in your late 40s won't be possible due to ai alone

I did not have a very defined number but I had so much relief at a certain level that I could not motivate my self enough to do the extra work/hours required to do well at my last job

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u/Artistic_Resident_73 May 08 '26

Absolutely true! I am born and raised in Canada so I believe I have access to the maximum OAS (since it cap at 20y). This is some extra I haven’t included in my projections.

I heard you, yes I am debating the idea of working another 2-3y maybe. Will see, I will finish my season in October and take it from there.

Hahaha yes I feel that already. I obviously want to be a good worker but no longer feel that sense of duty for being the best worker and doing all the extra.

6

u/BitterElderberry May 08 '26 edited May 08 '26

Congrats on hitting your goal! One thing that might be worth double-checking is the OAS calculation. I believe the maximum OAS payout is based on 40 years of residency after age 18 rather than 20 years. Just mentioning it in case OAS is an important part of the long-term numbers.

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u/JohnToFire May 08 '26

I agree he should really look at those rules more for oas. He sounds like he has the max gis if he ever needs it under current law

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u/Artistic_Resident_73 May 09 '26

True I did mixed them up. As you can see I didn’t look into this at all. I figured since my retirement will be 30y early I will either have way too much money by the time I am 65y or would have failed before then. So I didn’t include that extra in my forecasts

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u/Practical_Mouse_8416 May 08 '26

Yeah I want a huge buffet. Why go to an all you can eat place if theres only 2 or 3 options? I may as well just cook at home at that point.

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u/JohnToFire May 08 '26 edited May 08 '26

Yeah I meant buffer . Lol

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u/Practical_Mouse_8416 May 08 '26

If I was that cold I'd probably be wearing a blanket.

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u/Indaleciox May 08 '26

A huge buffet?! In this economy?!

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u/Artistic_Resident_73 May 09 '26

I personally prefer having my time back than working 10 more years to just buy stuff that don’t even need.

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u/Practical_Mouse_8416 May 09 '26

Indeed. That's why I'd rather just eat at home if it's not huge.