Tech IndustrySep 6, 2021
GoogleQPys08

Gap Year or FIRE

Anyone else out there burnt out after working from home this last year? Feel like I worked more than I ever have in my life and it’s all just starting to feel like a blur of wasted time. Not sure about you, but when I was a kid I never aspired to stare at a computer screen 12 hours a day. Seriously considering quitting tech to take a gap year or just going straight FIRE, move to a European country where it’s at least half the price of the states and potentially doing some day trading for extra income. Anyone on here taken a gap year or done FIRE have an insights?

Microsoft nxtsycv Sep 6, 2021

Gap year and try to enter the job market as a contractor and dictate your own terms

New
fire2025 Sep 6, 2021

How old are you? Single or family man/woman?

Google QPys08 OP Sep 6, 2021

No family, nothing holding me down by choice.

Amazon djkaksb Sep 6, 2021

I’m taking a remote job and moving to a LCOL area. Building a house on a bunch of land, then FIRE after ~2 years

Google QPys08 OP Sep 6, 2021

Dope plan

TELUS Sn00py? Sep 6, 2021

How do you plan to move to a European country?

Google QPys08 OP Sep 6, 2021

Within 6mo

TELUS Sn00py? Sep 6, 2021

Yea but with a visa? Which country in the EU?

LinkedIn abzb36 Sep 6, 2021

How much do you have saved up? If you’re not fully ready for FIRE, you’d likely take a big QOL hit by doing it early. A gap year to recharge would probably be more feasible

Google QPys08 OP Sep 6, 2021

Enough to get $60k year est. return on investments.

LinkedIn abzb36 Sep 6, 2021

Nice! That’s not bad. Personally I’m aiming for 100k with a 3% safe withdrawal rate, so id go with a gap year. But if you’re that burned out, 60k is definitely livable

New
urameshi Sep 9, 2021

What does FIRE stand for?

Amazon djkaksb Sep 9, 2021

One of the top tech companies in the world is really well known for quickly and easily answering questions like this with tons of detail.