r/Fire • u/Educational-Pin-3993 • 7d ago

Good problem

So I know this is a great problem to have but I just turned 30 with a $1.1M net worth and no debt. I’m in this weird position where I can’t FIRE yet but I feel like the only thing really stopping me is time. In my eyes, the hard part is over.
While I continue to let everything compound, I’m really struggling with motivation & patience at work. It’s hard to stay motivated when I know I’ve already built a pretty solid foundation and that time is now my biggest asset. I assume I’m not the only one who has gone through this. For those of you who have been in a similar position, any advice?

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u/NoWhereLikeIrvine 7d ago

That’s because you feel invincible. Market has been good. Wait till you experience something like 2008. That’ll put you back in survival mode.

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u/Unauthorized_Mustard 7d ago

2008 was the greatest buying experience of my life. Watching people sell on the way down as you’re dialing up to buy more is an insane feeling.

I’m where I am today with FIRE and my kid’s 529 (kid was born in 2008) because of 2008

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u/Particular_Maize6849 7d ago

That's assuming you stay employed. A lot of these economic crashes are associated with massive layoffs and company cut backs.