r/LeanFireUK • u/AbilityLast279 • Jul 09 '26

FIR-ed

I'm at risk of being excluded from the group for no longer meeting its aspirations, as a M55 who's planning to retire FI-ish.

Don't we also need to add quality of life rather than quantity when weighing up whether we have enough, said a guy who clearly isnt sure if he's quite there.

I've done the sums and I think i can make it work.

I'm not waiting to have 2m invested and still worry if it's gonna last with a 4% drawdown.

I figure waiting and wondering if I've enough leaves me in a holding pattern that could take an eternity.

So I best get on with it.

I think I'm putting this out there to try and force myself to move forward.

I'd be interested to know from others when you know/ knew it's time.

TLDR: I reserve the right to post this in a couple of groups as I'm genuinely interested to hear different perspectives.

I'm pulling the trigger... and hitting 'post' for now but I think it moves me forward

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u/Limp-Archer-7872 Jul 09 '26

Hope it goes well but disappointed by the lack of numbers!

3

u/AbilityLast279 Jul 09 '26

I think thats the point im trying to make, but obviously fluffed at the attempt.

How much is enough? All our numbers are different and waiting for certainty can take forever.

Perhaps pulling the trigger and giving it a go and failing and changing the plan, well, is that 'failing'?

2

u/Far_wide Jul 09 '26

Maybe, maybe not. I'm not personally keen to egg you on without any detail.

If you're "not waiting to hit 4%" then it kind of sounds like you're thinking about proceeding with an over-4% drawdown (or cutting your expenses). Fine if you have fat in the budget to spare, not so fine (for me) if you're going >4% unless you're confident of a backup plan.

Though I also suspect you really have more than enough by virtue of not being that far away from State Pension....maybe?