We're getting closer to our FIRE point. Currently we aim for corresponding to around two million dollars as our FIRE point.
The idea is that whatever point we set, it's going to be wrong because reality is never precise.
How much money do we need? Impossible to say. We will not magically end up with zero investments the day we die, with perfect planning.
Yet, it's better to err on the safe side, and hence; we should be erring on the safe side with our fire number.
Always err on the safe side, according to Antinous.
Summing up 2022 we also see that we spend below the poverty line here in Sweden, yet we feel quite rich.
We've spent 7+ week travelling together this year, and much more including travelling for work, we live in a penthouse-like apartment, we always drive new cars. We certainly do not feel poor at all. We have gym memberships and access to a fabulous big pool where we can swim laps almost anytime we want and to mask ourselves as not overly frugal, we hide in branded clothes.
As a proponent of the FIRE movement, you probably understand how we manage to do all that and still end up below the poverty line.
Which also means that we save a LOT.
So the projection is fire within 2-3 years. The younger one of us will not even have turned 40 by then.
And FIRE will not be FIRE neither, or not quite the retirement part of the idea.
We're sure that we will keep on doing things that we will want to get payed for. Not because we necessarily need the money, but as a token that what we do have value. But we will be free, in the sense that no one will be telling us what we should do.
And then, of course, there are all the other things, outside of what other people will care about; the things without monetary value where we hope to spend time: the long runs, the walks, the pastimes.
There's so little time for us now, to do everything we want within our working lives; time to use the working life as a school to prepare ourselves for our next phase.
How are your outlooks for 2022?
Farewell,
//antinous&lucilius
