Good points—don’t forget to diversify your life: you’re already putting a lot of eggs in the basket of “my employer does well enough to not have to lay me off”—no need to double down with an equity position in the same company.
There are a number of ways to half-retire. If you’re valuable enough, your employer might be OK with keeping you on with reduced hours & proportional reduced pay (could be either fewer days/week or months on leave each year). In some fields you can become a consultant/contractor and just work one 3-6 month project every year or two. If you were keeping your expenses at 1⁄2 your salary, going to half-time once you have ~20x expenses saved can bridge you to full retirement with less risk (you stop contributing new $, but don’t draw down)
Good points—don’t forget to diversify your life: you’re already putting a lot of eggs in the basket of “my employer does well enough to not have to lay me off”—no need to double down with an equity position in the same company.
There are a number of ways to half-retire. If you’re valuable enough, your employer might be OK with keeping you on with reduced hours & proportional reduced pay (could be either fewer days/week or months on leave each year). In some fields you can become a consultant/contractor and just work one 3-6 month project every year or two. If you were keeping your expenses at 1⁄2 your salary, going to half-time once you have ~20x expenses saved can bridge you to full retirement with less risk (you stop contributing new $, but don’t draw down)