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Re:Red Hat cutting hundreds of jobs, CEO says in letter to e... by mjr00 on Monday April 24, 2023 @11:56AM (#35689252)
This. "Bank extra and make sure you have savings" is way more reasonable than the "aim to retire by 35" FIRE cult. Out of a sample size of 4, 75% of the people I know who have done "FIRE" regret it. (The one who doesn't comes from a wealthy family who bought him a house right after university, so the sacrifices he made are a lot less.) Among the 3, the common theme was realizing they wasted the best years of their life solely focused on maximizing their money instead of enjoying their youth. Two became severely depressed alcoholics. The other went back to work as a FTE 6 months after "retiring".

It's a lot more reasonable to have a goal of, say, having 2 years' of life expenses saved up in case you want to take a faux-sabbatical mid-career. If you're in tech in the US, this is really not hard if you aren't spending extremely lavishly.

Re:Red Hat cutting hundreds of jobs, CEO says in letter to e... by charlie0 on Monday April 24, 2023 @12:50PM (#35690080)
This. My plan is being financially independent enough to take several months of breaks in between jobs and having the time to look for environments I really enjoy working in.
Re:Red Hat cutting hundreds of jobs, CEO says in letter to e... by away271828 on Monday April 24, 2023 @01:00PM (#35690239)
Even with the benefit of hindsight--and admittedly ignoring some periods when I wasn't really happy where I was--given a somewhat arbitrarily large amount of money in the bank, maybe I'd have taken a couple sabbaticals but I'm not sure that, in retrospect, I'd really have been happy retiring much before my late 50s.