u/Due-Mathematician563

▲ 1 r/FIREUK

Hi all

Wondered if I could get some thoughts on this.

I despise my job and would really, really like to quit soon.

Based on 4% rule I have ample.

A few things are making my very nervous.

  • Property income is from some car parking spaces - its far more volatile than a regular buy to let.
  • My low spending means I am very exposed to high energy / food prices. I feel this should be taken into account somehow.
  • Almost all of this is in ISAs, maybe 80k in pensions - as I am a basic rate taxpayer and I want to minimise government control over my life.
  • I have grown this pot despite a c £20-30k salary by investing in individual stocks. I have done OK over the years - hence my building the pot to this size, but this also makes me concerned it isnt enough as so many FIRE investors are set and forget S&P500 etc.... (For those interested I have had a rough 19% CAGR since 2008)

A few questions for anyone out there:

  • Can anyone recommend any financial advisers who are pro-FIREI can discuss this with.
  • Has anyone retired early with a similar pot size 10/20 years ago, how did you find it?
  • Has anyone retired with very low expenditure - how did this go.
  • How did FIRE impact low expenditure I think in my case much is driven by hating employment so much I dont want to do anything that makes me have to be employed even a little bit more. How did this change when retired?

Thanks

reddit.com
u/Due-Mathematician563 — 11 days ago

Hi All,

I am a data analyst in the UK (46) have worked in data analysis mostly in higher education (11 years) and then financial services / asset management. Never had any proper data training just fell into it.

I am lucky enough to be part time and remote but the job is getting more and more demanding / worse whilst the salary is constant, so I think it is long past time to move on. I am paid about £35-£40k a year, though this is naturally reduced as I am part time...

Few issues - I haven't gone for much in the way of promotion so am entry/ mid level with no clear progression on my CV. To be honest I view this as a job rather than a career. (I make far more money on other ventures but having a job is nice and stable so I would like to keep working for another 5 years or so if it can be made more agreeavle).

About 6 years ago I was OK at Tableau, now I mostly use Qliksense, I have a Power BI Analyst qualification, I do a little SQL. I am pretty good with Excel / Access. In all honesty I am decidedly average / mediocre at the job, reasonable at communication though.

I have a bit of the CFA (financial analyst qualification) and can invest in limited other training - but as I am planning on leaving employment reasonably soon I dont want to put too much effort in when I wont be around long enough to get a payback from it.

Does anyone have any suggestions as to:

  • Where I can find an easy(ish), ideally remote, even more ideally part time job.
  • My CV is not good - can anyone recommend someone to review it / come up with some sort of strategy.
  • What top up skills I can learn to help get another (ideally better paid, or potentially easier and worse paid job).

Thanks for your help.

reddit.com
u/Due-Mathematician563 — 11 days ago