Financial Independence Four years after the FIRE |
- Four years after the FIRE
- 2018 is the year that FIRE graduated from the realm of fantasy to achievable possibility for my household!
- 2018 is over. What is the best (or worst) money move you made last year?
- Daily FI discussion thread - January 01, 2019
- Something rarely discussed to prepare for FIRE: build a real social circle now
- Early Retirement Update (EOY 2018)
- Anyone impacted by the government shutdown?
- Roth 401k or Traditional 401k - Low income now, will have higher income next year
- Slow/late start to FIRE, doing best I can.
- Looking for a good book for a 10 year old
- SpainFIRE
- Going Part-time
- I turned 18 today and im ready to start FIREing!
- What is the best app to track your net worth?
- I want to start building my financial independence for the future soon, but I don’t know much about how to do it
- Whos front loading their retiement plans this year?
- With this strategy, "You can't avoid being a millionaire"? How true?
- BBC: FIRE - the movement to live frugally and retire decades early
- I am 25 years old and leaving my first real job of 5 years to go back to school full time. Looking for input on the things I should get done before I leave my position in 6 months.
| Posted: 31 Dec 2018 07:19 PM PST After working my ass off since college, I FIREd from my job in August 2013, at age 48. I then spent the next ~4.5 years fucking around, which is what I always wanted to do my entire life. [link] [comments]  |
| Posted: 01 Jan 2019 07:12 AM PST After years of the student loan millstone hanging around my neck, my wife and I finally started building real wealth in 2018 and I couldn't think of a better place to share than this sub! https://i.imgur.com/4kbNRpK.png A little context behind the numbers: 2013: Wife and I got married. I started grad school. Net Worth: -$59,300 2014-2015: Between scholarships and living on one paycheck and putting the other entirely to loans, we paid off grad school within a year of graduating. Net Worth: -$48,300 2016: Got first "real" job after grad school and annual household income tops $100K for the first time. We open IRAs and start investing a bit. Net Worth: -$14,500 2017: Daughter was born! Got a 25% raise in a new job. Had to replace a vehicle and had other unexpected expenses, but still improved our financial state enough to hit positive NW territory. Discovered r/financialindependence and started daydreaming of FI. Net Worth: $3,800 2018: Luck, hard work, and opportunity led to a promotion and a 60% raise. We both maxed our IRAs for the first time and put some serious money for a home down payment. (We live in an HCOL area and don't necessarily plan on buying right away, but we'd like the option if the time is right.) The late 2018 market dump shaved a bit off the top, but we were still able to improve our financial position by nearly as much as the previous three years combined. Net Worth: $63,900 Looking forward: My employer will start offering a 401k in 2019, which we will be maxing along with our IRAs. Everything else will go towards rounding out our down payment fund. After we hit that goal, we'll take a nice vacation somewhere and then start putting extra into a taxable brokerage. Here's to 2019! (Edit: a word) [link] [comments]  |
| 2018 is over. What is the best (or worst) money move you made last year? Posted: 01 Jan 2019 10:54 AM PST |
| Daily FI discussion thread - January 01, 2019 Posted: 01 Jan 2019 03:08 AM PST Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply! Have a look at the FAQ for this subreddit before posting to see if your question is frequently asked. Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts. [link] [comments]  |
| Something rarely discussed to prepare for FIRE: build a real social circle now Posted: 31 Dec 2018 05:09 PM PST I'm about two years into what for most would be a very early retirement in my mid 30s. I'm posting this from a new account because too many people could figure out my other account and I generally tell people I work from home now rather than telling them the home is paid for and I don't need to work. But this post is about time and fulfillment, not money. I've spent more time than ever trying to figure out what makes a happy life. I do love that I get more sleep and have less stress, but that's an absence of misery more than a source of joy. I've found myself looking into mindfulness and positive psychology, and a recurring theme is the importance of close long-term friendships and other relationships. Most people I know do have at least one person who they've been friends with for a long time, and that's good. All the studies I've seen show that friendship depth and duration matters more than the number of friends. Not surprising, right? You want to feel like someone out there really knows you and will be there for you no matter what. But another consistent finding is that extended communities are very important to happiness. I'm an introvert, but I still feel like I need people to talk to in order to really feel happy. There's an old finding where people who believe in God rate their lives as happier. If you dig down, you find it's mostly being influenced by those who go to church. And if you dig down further, you find major differences are social. Churches are one of the best ways to join a community that's more-or-less static. I also found this podcast interesting. Johann Hari argues that America has a loneliness problem, and that substance abuse and depression often have roots in boredom and loneliness. This is especially bad for older people in the US, and I imagine it's especially important for those who succeed in retiring early. We don't really do local community anymore in the states. People go to work, drive home, and disappear into their houses, and many people don't even know their neighbors. My dad was telling me people used to talk to each other on the bus. Not anymore. We're becoming increasingly isolated, and I believe this is very bad for us as social creatures. For most of us work is our primary social setting. We spend most of the waking day at work, and we build friendships. The first problem with this is many of these relationships are shallow due to barriers and expected professional conduct. I can't see being friends with people I've managed or who have managed me, because they don't really know me. Second, even with peers these friendships are often very hard to maintain once you quit work. I made a list of about 20 people I wanted to stay in touch with. We've been able to talk a bit at parties and such, but I can feel us drifting and it's exhausting to keep everyone close. It was so much easier at work when they were all together, and I could say hi and talk for a few minutes each day. Two years out I've only maintained meaningful friendships with 2 of them. Another 2-3 I could get lunch with. Most of my former work friends still have their work community, and the fact that I'm no longer a part of it isn't as disruptive as losing the community completely as I have. They like me, but their motivation isn't equal to mine. If you've ever moved jobs, you know you usually lose touch with people over time, and the new workplace replaces the old as your social epicenter. I do have my wife to spend time with, and we've had fun traveling. I still have my best friends, and we get together weekly. They still work and have families, so that's about all they can do. My family and I are close. All these things help, but I long for the larger community. A larger group of people I can talk to regularly. Sometimes we go to sit-down restaurants just because we want to be more social. And even though the relationship to wait staff is pretty shallow, it does partly fulfill a social need. I've talked to people who RE like me, and they often talk about going back to work "just to have something to do" or "to have people to talk to." I think ultimately many of us are lonely, and since I'm not religious there are limited opportunities for social meetings. I've spent a lot of time on meetup.com looking for groups we'd enjoy. I've found a few, but not many align with my interests, and even fewer are regular enough for me. I'm now thinking about the Unitarian church, which is fine with me not being religious. I'm toying with the idea of starting my own meetup targeting younger retirees. I'd like to find more people near me with time and money, and even if there are only a dozen people that's the start of a community we can make more durable. I will also be looking for groups this spring that are activity focused: something like a hiking or outdoor group. I might even learn to ski so I can continue outdoors in the winter. My advice is this: start now by finding your community outside of work. And it's never to early to develop a hobby or two. It'll be better to get in the habit and have the group now rather than scrambling around like me once you realize you are actually bored and starved for social interaction. You don't realize how much happier you are with regular social interaction until you've been without it for several months. We don't have kids, but I know that can take up a lot of time and attention for those who do and your experience will probably vary. Would love to hear any suggestions I haven't considered too, since I'm still figuring this out. 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| Early Retirement Update (EOY 2018) Posted: 31 Dec 2018 08:01 PM PST BACKGROUND Introduction: This post is part of an early-retirement series. Biennial updates will be made around June 6 (retirement anniversary) and January 1 (end of year finances). I might even decrease to an annual post. As these posts have become increasingly popular based on the number of views and comments, and as my desire to spend nearly an entire day on reddit has significantly waned, my responses might be limited. I'll try my best to stick around for a bit, but please check comments and posts from previous posts to find answers to potential questions. I genuinely appreciate all of the positive comments, even though I no longer take the time to say so individually. Model: I wish to maintain a portfolio that began in June 2017 at $1,025,772. My max goal withdrawal rate is 3% of each year's starting balance, provided that the portfolio remains above $1M. Should the portfolio drop below $1M, I will lock back into a maximum $2500/mo ($30k/yr) guardrail withdrawal until the market recovers. I realize that this is not the holy Trinity method, but consider these three factors that give us flexibility: a 3% withdrawal rate is below the 100% historically safe mark of 3.2% for fifty-year portfolio survival, the extended bull market peaked us 20% above our $1M target (meaning that $36k annually is actually a 3% withdrawal rate if restarting from the peak); and our actual withdrawal rate is much less than 3% due to earning additional income and an unexpected $30k windfall in 2018 (placing our current withdrawal rate at nearly zero). The budgeted withdrawal amount for 2019 will be $2638/mo or $31,656/yr. In 2017, it was $2564/mo ($2676/mo adjusted for inflation). In 2018, it was $2773/mo ($2834/mo adjusted for inflation). Career: I am a former retail pharmacist who hated his profession for the following reasons: unacceptable amounts of stress, lack of civility from the general public, capitalism gone amok, fundamental disagreement with the overuse of pharmacotherapy as an answer for underlying health issues, and a severe opiate crisis that few have yet to appreciate. I attended college for eight years to earn a bachelors (1997-2001) and a doctorate (2001-2005) before joining the workforce for nearly twelve years (2005-2017, entirely with CVS). $150k in education costs were covered by academic scholarships ($25k), employment during college ($20k), prior savings from high school employment ($5k), revenue from an eBay business while in college ($10k), and massive help from my parents ($90k). My salary plus compensation went from $115k in 2005 to $150k in 2017. My savings rate was about 70%. Finances: I retired at the age of 38 on June 6, 2017, the day before the twentieth anniversary of my high school graduation. I am married with no kids and generated over 95% of the family income while employed. We live in LCOL rural TN. Our asset allocation goal is approximately 60% VTSAX (total US stock market) / 20% VFWAX (total INTL stock market) / 20% VWLUX (US municipal bonds). We also hold roughly $400k in house, land, and belongings not included in the portfolio. My spending model places no dependence upon supplemental income (future employment?), social security ($10k/yr?), inheritance ($500k?), house equity (no heirs?), universal health care (probable?), or universal basic income (possible?). The final balance will be left to charities and worthy causes. 2018 FINANCIAL RECAP Spending: Living expenses for the year came to $38,329. This is $5,053 over the targeted amount of $33,276. Our spending was 15.2% over budget for the year and 16.8% over since retirement. We generated $16,746 of income this year from my wife wanting to work (not for money) and some of my old book royalties in addition to the $30,000 windfall. Our investment withdrawal was -$8417 this year, thus our pro-rated, annually-adjusted withdrawal rate was -0.76% for the year, and 0.32% since retirement. Without the additional income stream, our annually-adjusted withdrawal rate would have been 3.46% for the year, and 3.50% since retirement. Investments: The portfolio went from $1,109,284 to $1,052,876 (a 5.08% decrease for the year). Since retirement, capital income from the investment portfolio has produced the equivalent of a full-time employee generating $13.58/hr of labor income. To sustain the original portfolio balance, $20.30/hr is the pace needed for COL based on spending rate; $1.89/hr is the pace needed for COL based on withdrawal rate. Dividends included, VTSAX (60% AA) went down 5.04% this year; VFWAX (20% AA) went down 13.75%; VWLUX (20% AA) went up 0.64%. Reflections: A wild 2018 for the market, but everything seems to be going as planned. We entered the year at $1.109M, peaked at $1.200M on 9/20, and bottomed at $1.008M on 12/24. I can't say that I ever gave serious thought to converting stocks to a more stable form of investment, but it did often cross my mind. A short explanation on my view of the market would be that I believe Wall Street now sees the formerly useful imbecile as just an ordinary imbecile. Given the wild ride of the market, I suspect that many subscribers are curious about my level of investment panic. These are the ten best reasons why I have none: my withdrawal rate thus far has been well below the 100%-historically-safe fifty-year portfolio survival point; the market showed that I retired well below its maximum appetite when the portfolio increased a further 10% above my goal amount by year-end 2017 (and over 20% by the 9/20/2018 peak); portfolio survival is best understood when considering its correlation with CAPE, and nothing has actually changed there (e.g., $1M at peak market value is no more/less historically safe than $900k following a 10% drop); my model still has no reliance upon social security, supplemental income, inheritance, or home equity; I understand the inevitably of corrections and am still light years beyond where I would have been financially if I had listened to any of the dart-throwing monkeys offering their advice over the years on when to jump out; starting a new career at some point seems inevitable considering that I burn through interests, goals, and accomplishments rather quickly; a market downturn due to something like wage inflation is for the overall good of society (and for the good of those new to the financial independence movement); a market downturn would (fairly or not) reflect poorly upon the one person who is already widely regarded by intellectuals as a demagogic moron; my 100-point gratitude list is embarrassingly rich; and I will never regret leaving work since it was for the sake of my physical and mental health, not because I had met my financial goals. Sure, I wish I had temporarily jumped out near the market peak, but I'm also glad I didn't jump out in 2008/2010/2011/2015 when the monkeys were howling just as loud. Experiences: I consider these to be my 2018 highlights: ran nearly 2000 miles (broke three hours in a marathon for a second time [course record and state championship], won a second marathon on a training run [course record], lowered my half-marathon PR from 1:25:04 to 1:21:06 in October, and lowered my marathon PR from 2:58:18 to 2:48:30 in December), set a personal record in the 1500m swim, took four vacations (two weeks driving through the heartland, one week in Santa Rosa Beach FL, one weekend in New Orleans, and one weekend in Atlanta), got around to watching every movie we own, got around to playing every video game we own (until the PS4 collection for xmas), got around to listening to every album we own, continued to write in my daily journal every single day since retirement without exception, tackled all of my CE requirements, watched Game of Thrones, re-watched Parks and Recreation, left a stale volunteer job as a natural history museum tour guide to become a volunteer ESL teacher for intermediate students with the Read to Succeed program, volunteered in a voter registration, volunteered as a 1:30 pacer in a charity half marathon, finished Final Fantasy XV on the PC, started playing PS4 (currently on Final Fantasy XII: Zodiac Age), increased my count from 562 to 646 movies on TSPDT 1000 (including 430 of the top 500), collected some more vintage sports cards, completed 60% of my sci-fi novella, interviewed for and dealt with the fallout from five media articles (more on this below), participated in an apparently abandoned 60-second doc on financial independence, applied for and turned down a non-retail pharmacy job offer (bad commute, not mentally there), helped my parents do house repairs, built a new mailbox, completed a 100-point gratitude list, and celebrated my 40th birthday by doing a bunch of stuff I loved growing up. Media: I was featured in two NYT articles, two Business Insider articles, and one Big Think article. I even created a blog for the sole purpose of getting some amazon click-thru revenue from those NYT articles. Three of my real-life friends saw them (style section). However those articles failed to include a proper link to my blog because some idiotic web designer didn't know what the hell he/she was doing. You would not believe the amount of incompetence and the explanations I was getting. Sorry, I don't feel like reliving it in detail. They eventually fixed their mess, but it was far too late to make a difference. Still, this didn't stop a legion of people from stalking me on strava and facebook. I had to politely turn away most of the people who wanted to meet up, but I made time for fellow marathoners, pharmacists, and early retirees. Hopefully my fifteen minutes have passed. I might shut down the blog because I don't really do anything with it. Routine: Comparing my daily habits in 2018 with previous years, I increased my swimming, weightlifting, volunteering (twice weekly), hiking (several treks), movie watching, puzzle solving, family time, housework, yardwork, cooking, kayaking, stargazing, socializing, videogame playing, reading (20-30 books), astronomy studying, and napping. Things I failed to make much progress on were learning to play an instrument (lack of talent), improving my Spanish and Japanese (other than ESL class), being able to bench press my body weight (tough hill to climb), helping fight the opiate epidemic (burned out), reducing internet time (too much political drama), deconverting religious adherents (taking a break), cleaning up our woods (needs it), painting (no works this year), and camping (no trips this year). Upcoming: What lies ahead in 2019? I plan on running 2500-3000 miles and participating in 10-12 races (including my first 5k, 10k, and 15k). I hope to pace a friend of mine to his first sub-three marathon, but that's mostly up to him. Ultimately, I would like to break five minutes for the mile, 1:20 for the HM, and 2:45 for the FM. I hope to play all of the 18-20 PS4 games that I recently added to my library, taking time with them and not getting burned out like I did with the PS3 last year. Short vacations to Huntsville AL and Gatlinburg TN have been planned. A three week return trip to Japan should be in the works (need to finalize plans and brush up on my language skills). I might take short solo trips to Austin, NYC (fourth time – dedicated to the natural history museum), Denver, and Minneapolis (second time, since the blizzard cancelled my tour of Paisley Park). I want to bowl a 200 again. I want to paint again. I want to try baking again. I want to finish and publish my sci-fi novella. I want to attend more auctions and baseball card shows. I want to visit a drive-in theater. I want to hit 700 on TSPDT 1000 (once Criterion gets their library up again). I want to hit a golf ball straight semi-consistently. I need to worry about volunteering less and focus on doing things for myself. I need to tackle my fear of swimming without a snorkel. I need to worry less in general, but I also want to continue making small improvements to the world. I want to enjoy life. I want to do whatever the fuck I want. [link] [comments]  |
| Anyone impacted by the government shutdown? Posted: 01 Jan 2019 12:24 PM PST Hi all- I'm curious how the government shutdown impacts your short term. Sure, no paycheck = no savings. But what about paying rent, insurance, groceries, etc? Will the government pay you back with interest on any loans needed? As terrible as it is to be without income, is even worse to have your time consumed and not to get your agree upon compensation. Thanks for giving me an insight into your situation. Fingers crossed we can get things moving again. [link] [comments]  |
| Roth 401k or Traditional 401k - Low income now, will have higher income next year Posted: 01 Jan 2019 03:47 PM PST So here is my situation, I want to get started on the FIRE journey. Currently I work part time while attending college and I noticed that at my employer has a a 401k plan that they offer. I want to start contributing but I was given the option between a regular 401(k) deferral (pre-tax) and a Roth 401(k) deferral. I am not sure which one to go with. This year (2019) I expect to be in the 12% tax bracket, next year (2020) I will graduate school and I am fairly certain that I will be in the 22% or 24% bracket. I was thinking that since I have such a low tax bracket right now that I should go with the Roth 401(k) because I will be paying less taxes on this money and when I retire I won't have to pay the tax on the money I contribute this year. Next year I can switch to a traditional 401k. I'm really confused if I am thinking about this the right way, so I would appreciate any insight! Edit: With the couple of responses I've gotten, I think I'll go ahead with the Roth 401(k)! [link] [comments]  |
| Slow/late start to FIRE, doing best I can. Posted: 01 Jan 2019 09:39 AM PST I graduated in 2011 with an CS degree at age 26 with no debt. First job I was making 60k but I was real stupid with my money and after 3.5 years of working I only had about 20k saved. That's when it hit me that I really needed to get serious about saving and the next 3.5 years i got progressively more serious about retirement and even bought a rental property. My current assets look like this: Cash: 9k 401k: 34k Roth: 7k Rental property: 38k equity Car loan: 2k I have switched jobs 4 times and last year I made 104k and increased my net worth by 43k in 2018. I just got a new job where I'll be making 130k and plan to increase my net worth by at least 50k in 2019. I just turned 34 and have a net worth of 84k after 7 years of working with a CS degree so my case goes to show that if your not serious about saving you can still fall way behind even with a high paying engineering job. My goal is to be able to retire in my late 40s or 50 max. [link] [comments]  |
| Looking for a good book for a 10 year old Posted: 01 Jan 2019 02:54 PM PST My 10-year old daughter has taken an interest in personal finance (probably from hearing us talking about frugality, investments, financial independence and the like :)). Unfortunately, she didn't consult with us first and went ahead and bought Rich Dad Poor Dad on her Kindle. I've told her that's not a good book, but now I'm tasked with finding a good book on the subject that's suitable for a 10 year old. However, all books I've personally read so far are too advanced for her, I think. What book(s) would you recommend for someone her age? [link] [comments]  |
| Posted: 01 Jan 2019 12:30 PM PST Hey, guys: we've a new subreddit group: SpainFIRE. ¡Muchas gracias y hasta luego! [link] [comments]  |
| Posted: 01 Jan 2019 07:38 AM PST How many of you spoke to your boss and successfully went part time from previously being full time employed? Was the loss of salary worth the extra free time? [link] [comments]  |
| I turned 18 today and im ready to start FIREing! Posted: 01 Jan 2019 03:10 PM PST Okay so as title mentions, I just legally became allowed to start investing. But the way the market looks, we are headed for a recession (maybe. Never the less, it's risky right now). I suppose my question is, should I still throw my hat into the ring? Or should I wait until the market dips really low and start buying in then? Some details: US citizen but I'm currently living working and studying in Germany. How do taxes work with me being abroad? Which tax system do I follow? I have a German, a Swiss, and an American bank account. Which one would be best to work from? I have about $2,000 that I can spare for investing. Anyone have a link to how I can do taxes for this because I am pretty uneducated on how this works. Not that it matters but the end goal is a net worth of €1.25 million and then start pulling 3% of that every year from the market to live off of. Let the rest of it just grow. My only (major) expenses is food and rent. I'm trying to do both fat and lean FIRE. I live incredibly frugally and want to try to maximize my working hours. Just be an absolute machine for as many years as I need to be and then chill when I reach my goal. I've been working a typical high school job as a barista, and I can continue this throughout Uni, but I also plan on translating documents as a freelancer. So I can effectively work as much as I'd like. [link] [comments]  |
| What is the best app to track your net worth? Posted: 01 Jan 2019 08:24 AM PST What is the best smartphone app to track your net worth, free or paid? (For iPhone) I want something to look at which reminds me to stay motivated saving money! Thanks [link] [comments]  |
| Posted: 01 Jan 2019 10:22 AM PST Hello! I'm a 19 year old girl who wants to build up a brighter future for myself. I was raised from economical problems. My dad manages a business that makes plastics and my mom is a nurse. I have three siblings and two of them are about to finish college whereas I'm just finishing my first year and my little brother is on school. Since I'm a little girl, I remember my dad telling me about how stressed out he is that he might lose his job or he won't sell as much as he needs to do. That made me more conscious about the things I owned and wanted. It made me feel guilty each time my mom bought me McDonald's or a videogame. I didn't ask for anything on Christmas unless it was something that I would use constantly like a cellphone o books. On each New Years dinner, my dad is just grateful for being able to put food on our table each day. And that always makes me sad. I mean, if the money that he wasted on our "useless" stuff, he could gain some profit from it if he used it for investing for example, he would be much better by now or in years ahead. I don't want to repeat my dad's story. I don't want to pass such worries towards my children. I want to work but also gain extra money through other sources while I'm sleeping. This year I'll turn 20 years old and I know for sure that I have to start working now or it will be late when I get older since I'll feel like I have no time or I'm too tired to do it. I'm studying Chemical Engineering and I'll se some economy and administration when I'll be about to finish my studies, but I want to learn more about it as soon as possible. I'm very keen to reading books for newbies on these topics and any personal recommendations would be great! [link] [comments]  |
| Whos front loading their retiement plans this year? Posted: 31 Dec 2018 05:18 PM PST
Edit: fixed 2019 Roth contribution limit [link] [comments]  |
| With this strategy, "You can't avoid being a millionaire"? How true? Posted: 01 Jan 2019 01:34 PM PST Basically, the article claims that if you save $5 a day in an account yielding 10% annually, you can become a millionaire in 50 years. While the maths is true, is it so easily achievable considering inflation, student loan debt, possible divorce, and all the unforeseeable circumstances life can throw at you? [link] [comments]  |
| BBC: FIRE - the movement to live frugally and retire decades early Posted: 01 Jan 2019 01:26 AM PST Thee BBC has published a piece on FIRE with a few examples: A 40-something financial-career retiree, someone in mid 20s with $200,000 in assets (!) who Fired to start a blog about FIRE, and a 20-something financial analyst going down the property for passive income route, at no small inconvenience to himself, IMO. The article calls out the goal of retiring in 30s or latest, 40s. Hmm, I think anything short of 65 is early, but YMMV. I retired at 55, grown up kids and after a divorce that halved my nest egg in my 50s. The piece refers to the Tightwad gazette as the origin of FIRE. I'm pretty sure some people have been doing this for generations, they just didn't have a movement to hang their hat on. The article includes several industry experts happily explaining why FIRE is a fools errand. Enjoy! [link] [comments]  |
| Posted: 01 Jan 2019 11:05 AM PST Hello everyone and welcome to 2019 :) I want to be clear from the beginning that this isn't a post with much, if any, direct connection to financial independence besides my upcoming change of life position. I am coming to you all as a long-time lurker due to this communities unique viewpoint regarding careers and financial efficiency. I was unable to find significant amounts of information previously posted that is pertinent to what is on my mind today, but if this post is too far away from the spirit of the subreddit please feel free to let me know. Currently I am working as a emergency services dispatcher and general call-taker for a rural Alaskan municipality which allows me all of the perks and benefits that come from being relatively "overpaid" as a young single male. Living in this isolated place and not being fulfilled in my work beyond contributing to my community has taken its toll on my mental health these past few years. I know I can do more for myself and the world and as such I will be leaving my current position 6 months from today after I am fully vested in my retirement account for state employees. I am less financially sound than most here in this sub, however I am younger and less educated as well, and thus I am not too worried about my financial future after I leave. I am worried about leaving chips on the table when I finally take the leap back into my education full time. As such, I would love to hear some ideas on how to maximize my next six months at my position and with my current benefits. I feel that I should give at least some context for my current situation to assist everyone kind enough to read and consider my question. I currently have enough saved and available to pay my tuition through my undergrad and plan to begin working again once I am firmly planted in my new community. Like most individuals my age I have no major concerns regarding my health, however I am looking at strategies to get as much preventative care done with my current insurance in the next six months. I am also curious about how to maximize my position of being first time on site university student at 25. I feel that with my background and age I can really leverage my position within my peer-group to make the most of networking and my upcoming time at university. The issue with this however is I have no specific ideas or strategies to employ once it comes to this time. I am sure most individuals here have made major life or career moves and I am looking for some wisdom to begin my six month countdown to the rest of my life. Thank you all in advance for taking the time to read this and offer any advice you may have. I wish you all the best 2019 and beyond. [link] [comments]  |
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