S928
Contributor
User Power
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- Aug 7, 2007
- 161
- 29
Many people on this forum actually have a daily job working for others. For those of you who are dependent upon your job (believe RK calls it the E or S quadrant) as the main source of income, how long do you intend to stay on board? Now, I *know* this is the Fastlane forum, but realistically many people can't just quit their job and go cold turkey due to a lack of security.
So, if you meet the criteria mentioned above, and plan on leaving your job in the future, how long will it realistically take you to get out of the rat race ... er rat marathon? Also, do you have a plan in writing to guide you through the process?
Since I'm the one who's starting the thread, I'll go first. I plan on leaving the rat race in Jan '10. Yes, that's a little over two years away, but I'm doing everything I can to establish myself economically. By the time I leave the rat race, I'll have a few RE investments under my belt (with over 150k in equity), a substantial retirement plan (will probably cash out of it), and enough savings to get me through at least a couple of years in living expenses. So, I'm looking towards the future ... where's the remote, I want to fast-forward!
So, if you meet the criteria mentioned above, and plan on leaving your job in the future, how long will it realistically take you to get out of the rat race ... er rat marathon? Also, do you have a plan in writing to guide you through the process?
Since I'm the one who's starting the thread, I'll go first. I plan on leaving the rat race in Jan '10. Yes, that's a little over two years away, but I'm doing everything I can to establish myself economically. By the time I leave the rat race, I'll have a few RE investments under my belt (with over 150k in equity), a substantial retirement plan (will probably cash out of it), and enough savings to get me through at least a couple of years in living expenses. So, I'm looking towards the future ... where's the remote, I want to fast-forward!
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