How to Retire in Your 30s With $1 Million in the Bank

Perhaps Mr. Long, the pharmacist in rural Tennessee, has given the most detailed, thoughtful account of someone who has fired. In a series of posts to Reddit’s financial independence message board, Mr. Long chronicled with dry wit and self-effacement his first year in retirement.

One month into FIRE, he wrote of the guilt he felt spending money (on video games), and his concern that he would be over his household budget. He spent his days with family, at the gym, doing housework, exercising. He had no regrets so far: “I made the right decision. This is life.”

In the second month, Mr. Long reported a 2.8 percent increase to his portfolio over the first two months, even after living expenses, and listed his accomplishments as more reading, more cooking, volunteering and “faster Rubik’s cube solves.” Stress levels were way down, he wrote: “A friend of mine said the sense of dread from my face was gone.”

In the months that followed, he rewatched the mini-series “Roots,” lost all interest in talk of FIRE now that he had achieved it, feared a looming stock market crash, had nightmares that “I’m back at work and arguing with morons,” finished a marathon in a personal best sub-three hours, felt moments of social isolation, took a two-week road trip across the heartland, and went twice to the beach in Florida with his wife and watched their net reach its highest point, despite not working, which he attributed to “the passage of the tax cut for wealthy job creators like myself.”

Oh, and he started a blog.

“My life is so much better than it was before,” Mr. Long wrote seven months in. “I hope everyone here finds this peace.”

Article source: https://www.nytimes.com/2018/09/01/style/fire-financial-independence-retire-early.html?partner=rss&emc=rss