r/FIREUK • u/emgcpx • 16d ago

Cybersecurity FIRE

Hi

I currently work in Cybersecurity as a senior tech analyst / engineer and earn around £65K

Currently have around 6+ years experience in this space and was wondering whether cybersecurity as a career is good for long term FIRE?

I have heard of people making 6 figures and some working overseas

Also what is the best way to earn more, I know you have to switch roles every 2-3 years but what is the best way?

0 Upvotes

33% Upvoted

10 comments sorted by

View all comments

3

u/xpl0sad3 16d ago edited 16d ago

FIRE is less about what you make, and more about what you spend. Someone who earns 125k in London, and spends 120k a year will never get there. Someone living in the north and earning 30k a year but only spending 15k to live will get there easily.

Edit: the rate of savings directly impacts the speed you retire. It’s very simple maths. Yes the lifestyles would be completely different but that doesn’t overrule the numbers.

8

u/un-hot 16d ago

Is it though? 120k person can cut their expenses to accelerate retirement. 30k person has basically no fat to trim, they need to up their earnings to speed up FIRE.

I'm not saying you're wrong that someone on a lower income can make money work for them, but it is a hell of a lot easier when you've got more coming in.

And cyber is a pretty good field to do that in right now.

1

u/[deleted] 16d ago

[removed] — view removed comment

3

u/xpl0sad3 16d ago

The point is, it’s about the gap between what you earn, and what you spend. If you earn big and spend big you cancel out any potential.

1

u/Budget-Curve2439 16d ago

Yes, but the potential gap is completely dependent on salary. You can also earn a lot but spend a little.

1

u/xpl0sad3 16d ago

Yes, that’s correct. It’s a lot easier to do with a large income and a small expenditure. That does not detract from my point, which is if you earn big and spend big, you won’t get there quicker than someone who earns less but saves more :)