Quick question. We all talk about networth on here.. and many of us have a very good networth. Much of my networth is tied up in income producing real estate and comparatively less in cash investments. I feel 'less secure' with this model and am focusing now on quickly beefing up my investment/savings side. My goal is $750k. but if I set this goal I feel I am stepping back on the treadmill that I want so much to get off of.
Do other people feel the same?
What amount in savings/investments makes people feel financially secure.
I know it is technically related to how much our expected costs are, life expectancy. .but I am wondering if people on here struggle even when those appear to be covered?.. those who have used the FIRECALC and come up with no lines ending in zero.
How do you make that emotional decision that you are 'ok'?
I am rolling off my contract here 1/29 with no job lined up and honestly I want to take some time off and feel excited but also apprehensive to do so.
Maybe not such a quick question but I welcome thoughts and opinions.