Author Topic: Premature FIREculation  (Read 1736 times)


  • 5 O'Clock Shadow
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Premature FIREculation
« on: November 18, 2017, 05:46:43 PM »
Hey everyone. 28 year-old guy from the US here. I shot myself in the foot by getting impatient on my quest for FI, pulling the plug from my mind numbing finance job early to start a business with the belief that I would be more likely to succeed if I wasnít yet at the magic number. My advice in short: keep going with the boring job! Donít get impatient like I did.

Why quit early? Like many of you, I was interested in starting a business after retiring. My hypothesis was that I would end up goofing around too much if I were fully FI. By leaving my salary behind when only at about half of my FI number, I would force myself to make the business work out instead of just putting a small effort into it.

Donít do what I did! Now itís clear that the effect of leaving earlier than FI would be different than what I imagined. Instead of causing me to want to work harder to make my entrepreneurial pursuits pay off, having not reached FI is instead causing me to want to throw in the towel and go back to my old profession to earn enough to last forever. It now seems that I should have had more patience with my job.

Iím going to keep working on building my business through at least August of next year. I have a history of jumping from thing to thing too often, and I canít allow myself to keep up that pattern. My plan now is that regardless of my attitude, I will put in the time to give my current project a chance to pay off. I also need to be more thoughtful about my next move.

Thereís still hope that leaving the salary behind will end up paying off, and there are some days when I feel like I will be able to make this work without going crawling back for a few more years in cubicle-land. For now though, Iíll keep working. At least there will be an interesting story to tell.


  • Handlebar Stache
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Re: Premature FIREculation
« Reply #1 on: November 19, 2017, 02:38:31 PM »
As you said, you'll have a story to tell.  Sounds like you're learning a lot about yourself and putting that into practice as well, which should come in very handy when you FIRE for real.  Best of luck to you.


  • Pencil Stache
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  • 'tis nothing good nor bad but thinking makes it so
Re: Premature FIREculation
« Reply #2 on: November 19, 2017, 02:56:00 PM »
Thanks for sharing.  So many here suffer from "one more year" syndrome and find it hard to quit even when they have hit their financial independence number.   You're the flip-side to that!  Best of luck to you...


  • Bristles
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  • Location: Moose Scrotum, Alberta
  • Retired at 44.....back to work at 45
Re: Premature FIREculation
« Reply #3 on: November 19, 2017, 08:00:07 PM »
You can always unretire and go back to work.  Nothing is permanent except death and taxes (and even taxes can be minimized).