Originally Posted by Van Veen
I don't get the FIRE (financial independence, early retirement) mentality. Work your ass off for 10-15 of the best years of your life, save 50+% of your income, then retire to a life of leisure. I wonder how many people actually make it to the end goal. I'd rather have a job that I enjoy, that pays well enough to survive and save, and that doesn't consume my life.
Seems like a lot of them are West Coast techie sorts. They work a job they loath that doesn't leave them enough time to do anything outside work anyway. Real estate is so expensive that you could rationalize just suffering for 10-15 years and then retiring somewhere cheap.
I'm totally on board with your philosophy. I work reasonable hours, don't hate my life, don't dread getting up in the morning. Easy to say in my 30s, but I'm not in any hurry to retire. Rather live well and work until 60-something, then have a similar lifestyle after that.
The other thing about FIRE is that it almost demands that you not have kids. You're really going to not spend any money their whole youth, then move across the country (or to another country as many do) and leave your family behind? Or you're going to leave 20-30 years of income on the table instead of making your kid's life easier? You hear some people saying about how it's "for the kids," but unless you manage to retire at 40 and put off having kids until pretty late in life, you're going to miss their entire youth and then retire just as they want nothing to do with you as teens.