Pulled the cord

I hit my FIRE number (£3.3m liquid assets) yesterday having run my own businesses since 2011. I informed my business partners that I’m totally burnt out and serving notice to step back from day to day activities. It’s super scary that I will lose my big salary (and all the security that it brings) but I need to trust the numbers. I’m super fortunate that the businesses will carry on - hopefully kicking out regular dividends and/or an eventual exit one day (I don’t include undeclared dividends or business equity in FIRE) - and existing management will continue to run them with me in the wings just as shareholder/director inputting in strategy and inly getting involved if/when sh1t hits the fan.

I now have 12 months to hand over my day to day duties and then I’m done (I didn’t dare pull the cord until I hit FIRE!). I’m planning to relocate to Portugal next summer with my wife and kids for a new adventure. Chill out for a few years and see if I fancy getting back into the hustle of scaling startups again.

Good luck to everyone else in reaching their FIRE goals.