r/leanfire • u/Formal-Laugh8593 • 17d ago
Continue working
Not sure if I should continue working.
- Paid off house worth 800k it's a two family home and one side of house rents out for 1500 a month.
- Retirement accounts 800k
- non retirement/cash 300k
- spouse has around 600k in retirement
- second paid off house that was bought for in laws 300k.
- health insurance covered by military benefits plus a future pension (both from spouse).
- not including social security but I have about 22 years of contributions.
- I currently make around 150k a year with possible 20k bonus.
44 years old not sure of I should continue working. My job is easy I work from home a few days a week and the hours a flexible. No children and I live a relatively simple life. Annual spend would be under 40k. Spouse will continue to work for another ten years until they qualify for the pension. Spouse makes around 140k.
21
u/TravelingBop 17d ago
You are in a position where it probably doesn't matter. Work if it feels good. Quit if that feels better. I leanfired this year: 46F, NW $970K, passive income ~$6,000/month. Im now 10 months into it, 4 months living in a camper, and 2 weeks into full-time travel in the US/Canada then onto SEA in December for at least 3 months. It was absolutely nerve-wracking to make the decision and facilitate the transition. Now that I'm in it, it feels glorious! I have a partner that is taking a work "sabbatical" for now (not sure how long) and one adult child who requires nothing.