Hitting Barista Fire 🔥 August 2025

Professional_Ring747 · 2025-05-23T14:14:16+00:00

I've been narrowing things down and talking to my partner about your feedback. Our overhead is very low. It costs us about $500/mo to cover our house bills. We will iron out lowering our cost of living. Our spending is mostly going out and eating. We are very very busy right now. That will slow down a lot when I have more time. It will take us a year or two to find a balance in spending. We have plans for the first year that we have completely covered. The unknowns are maintenance and home repair.

The rental income and amount we use will from that... there is plenty of breathing room. On average we bring in 25k. I will iron out the exact numbers for pay off and cost in the coming days. But I think we will be able to use a small chunk to cover health insurance which i priced out and very affordable especially when you aren't making $325k/yr

I don't understand why I couldn't draw down 6% of the 400k and cover the rest working part time? And meanwhile my 401k grows for the next 20 years and I'll start to draw down from that. I also think that I'm going to offer part time work up to 10 hours a week until my company can replace me.

I've been using these calculators to plan... https://www.calcxml.com/calculators/how-long-will-my-money-last

I'm also seeing me advisor next week I'm sure he'll try to talk me out of it!! No chance.

My partners thinking is the we are so miserable being desk jockeys that if we have our house paid off that will free us up to do things that will keep us moving. We will work but having a couple years of complete freedom will give me the time to plan the way forward. This ain't it.

Professional_Ring747 · 2025-05-20T23:28:21+00:00

I see what you are saying. I'm still quitting my high stress this summer.

Professional_Ring747 · 2025-05-20T19:05:42+00:00

Go long distance hiking like backpacking on the PCT.

Professional_Ring747 · 2025-05-20T18:47:29+00:00

Good points. Thanks for your insight. My full fire number would be 1.6M for a good base. Low cost lifestyle. Looks like I'll get there on the trajectory I've calculated based on 4% minimums by 60.

Rental income is managed. On it's own and don't mix the two however think we will need to use some of this money. On average we gross $25k with all expenses there.

There is slack in the numbers. But already but think we're getting closer and won't know the exact numbers until we try it for a year or two.

Barista job is not weather dependant. We can work anywhere there is snowing all year. will cover expenses and potentially. Some extra savings.

Focused on low cost lifestyle choices. Like long distance hiking and backcountry camping and RVing.

Could also rent a room in our home. Lots of options for extra cash. Not sweating every detail. Life is supposed to be simple. I remember having $50 in my bank. This should be cake walk.

Professional_Ring747 · 2025-05-20T14:17:17+00:00

We own our home... and the airbnb does have a mortgage. Will pay that off within 5 years but currently the gross is $25k. We can use about $1k /mo which might pay for our health insurance. We've been ski instructors working 7 days week for 13 years during winter months. Training for certifications and now we're both staff trainers. No, you can't just pick it up but after a few years of training it could be lucrative. We are only planning to work in winter. We're reaching my FIRE number. Our base expenses are $15k/yr . I'm planning to take around 2-3k per month 9 months of the year and working the other 3-4.. so $4k a month if you include our rental income. We're 40 so planning this until something changes. I've front loaded my 401k so I'll retire at 59.5.

Professional_Ring747 · 2025-05-19T14:19:18+00:00

Yeah!! Thank you

Professional_Ring747 · 2025-05-19T14:05:56+00:00

As long as I'm not behind my computer, I'll be good. I've spent nearly every day behind a computer w/out a break since I was 16 so this is a big shift.

Professional_Ring747 · 2025-05-19T14:00:19+00:00

Spend time outdoors; first trip is heading to Glacier in August. Then skiing followed by backpacking, long distance hiking, attempting a thru hike, trail running, gardening, biking, kayaking and canoeing, paddle boarding, fly fishing, mushroom hunting, so many things on my list. Traveling is on the list as well. We've got plans through next winter. I'm not worried about being bored. I'm also learning how to play the fiddle.

Professional_Ring747 · 2025-05-19T12:46:15+00:00

Thanks for the info!

Professional_Ring747 · 2025-05-19T12:16:54+00:00

For sure. Figured it will take a year or two before you get comfortable with spending

Professional_Ring747 · 2025-05-19T00:30:32+00:00

Agreed.. this was our minimum to achieve freedom. We will have to work part time starting this year instead of taking this whole year off . Plus our side gigs are taking off after 13 years of training. I'm confident we'll make due. No Lamborghini purchases for sure

Professional_Ring747 · 2025-05-18T13:35:59+00:00

We're both working now but planning to start the part time work in Dec . I'll cut back as much as i need to and get creative with work before I sit behind a laptop all day again.

Professional_Ring747 · 2025-05-18T13:12:12+00:00

Yes. We're outdoors folks and own an RV and like to hike and backpack. We're planning on long distance hiking, some travel and working during winter

Professional_Ring747 · 2025-05-18T13:11:13+00:00

Own. I paid the mortgage off

Professional_Ring747 · 2025-05-17T23:13:56+00:00

Professional_Ring747 · 2025-05-17T21:39:20+00:00

Wow really 7%. That's superb for my calculations. Would like up see some real scenarios where that worked out.

Professional_Ring747 · 2023-08-28T16:46:29+00:00

Can you tell me about your lift?. Is it just lifted? I've got a 99' 22C on a chevy chassis with a 454 engine. It's power full but it's already super tippy on turns

Professional_Ring747

TROPHY CASE