Ask HN: Decade-long plan to FIRE starting just under age 40?

FIRE is a lifestyle and in my view the main goal of it is effectivity. Retiring for the sake of retiring does not make one automatically happy. Instead you should understand what makes you happier and optimize for it. As a result, FIRE does not mean "don't spend money", instead it is "don't spend money on stuff you don't care about". Thus, I disagree with commenters framing FIRE as "living in poverty to live in poverty without a job". One can be FIRE (or on track to) and still live a great life spending enough money to be happy.

That's why I think your question is a bit backward. Instead of wanting to reach FIRE in 10 years, try to understand why you want it. FIRE is just a tool giving you ~40 additional hours per week. Why do you want this time? If one is unhappy with their life before FIRE, they will just have 40 more hours to be unhappy.

I know three or four people who've done this so it's a small sample and maybe they just got lucky. Generally it happened because they finally got fed up enough of the previous full time/permanent job they were in that they just left to deliberately take time out with no plan beyond that (though for one his previous employer went bankrupt leaving him out of a job). From what I've seen the initial decision to leave was far and away the hardest part.

What seems to have worked well is signing up for a contracting agency who look after the "finding work" part of the job in return for a cut of the pay and working on a series of 6-18 month fixed term contracts. This reduced the stress of finding work enormously. It also means that when you come back after a break, you're then more of a known quantity in a way you wouldn't be if you were trying to organise this all yourself.

You probably need to be at a certain point in your career (sufficiently qualified that you can slot into an existing organisation and be immediately productive) and not really care about career progression (there's no corporate ladder to climb any more so you're stuck in the middle somewhere which may bother some people). You'll also lose out on any long term compensation arrangements like stock options etc and typically that won't be fully compensated with a higher rate short term (at least from what I've seen) - it's a pure loss to you.

If you want to do it this way then the key thing is to work out which the good agencies to work for are - many are not well known even within their own specialist industry but they will have contacts at the right places in the right organisations. It's not something which works for every industry but where technical skills matter and contacts don't there are more roles like this around than you may think.

Thanks for this answer, I really appreciate it.