just looking for suggestions and thoughts, people going for FIRE goals what is your next plan ? also for married folks - what do you think is a good nest egg living in say one of the north east cities , accounting for all surprises in life later ? ( 4 % rule is good baseline but just looking for thoughts )
I want to open a bakery or kombucha brewery or do mountain biking tours or something
Love it
Hell yeah mate.
Join or start a company with a mission I really believe in (think gates foundation). Doing some angel investing on the side would be fun depending on how our finances work out.
I have been thinking about it as well . Any good resources you recommend to mitigate the risk ?
The returns have a power law. Assume 9/10 investments will go to 0 but 1/10 pay well. You need a write a good number of checks for it to work out. You can also do it more as a hobby than a money making operation, which is how I approach it
make my own wine, build an airplane, research unsolved problems in math/cs, get good enough at chess to beat my brother
Start my own business, live on the beach or in the mountains, travel, write books
I'll tell you what I'd do, man, two chicks at the same time, man.
Not as fun in reality. Also why fire a prerequisite
But what about your TPS reports?
My dream is to start a bikepacking tour company in Himalayas and introduce people to the local culture and natural beauty in that area.
Move most funds out of individual stocks to maybe an index etf for stable growth to maintain FIRE. Might continue managing a smaller side portfolio. Try to find things to not be bored after FIREing. Could probably lean FIRE at the moment.
Teaching computer science at a local college
Writing research papers Giving Indian recipes a global perspective Talking to my wife, all the time Walking in the park Sleeping in the sun Building AI Helping my extended family come out of poverty Teaching Participating Being grateful
You have a worthy reason to FIRE
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L4 Google -> 45 interviews, 5 offers, AMA
I'll bite.. what's fire
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