"Barista FIRE" or "Beer/Wine/Contingency money": doing something you enjoy. What are you doing or planning to do?
Wife and I retired 10 years ago (at 45), we always had cats and dogs (and fostered for decades too). Around 2 years ago, we signed up with a few pet platforms (so no capital outlay) for walking dogs, boarding cats, doing drop ins and house sits. The platforms take 30% commission but most or our regular clients now work with us direct.
It's a hobby and not a chore. Keeps us active and fit with long fast walks. Averaging around 10 to 15 hours a week between the two of us. (Excluding the odd over day/night sits)
Have met and bonded with some really nice cats and dogs. House sitting also helps with a old "cabin fever" retirement issue!
Our average household monthly expenses from the last 12 months is £1,041pm (we live a humble quiet boring lifestyle)
Over the last 12 months, pet income is averaging £785pm.
So now a tiny shortfall of £256pm, funded by interest on savings and capital is not touched.
The change in our FIRE model forecast has been material as this income was never in the model originally, especially if I push that average pet income out for another 3, 5 or 7 years.
As we don't really need the money, we are selective about excepting jobs. Over night in a one bed flat with no garden, sorry no! Over night in a 6 bedroom £3m mansion, yes we can help! It's like getting paid to stay in a luxury Air B&B, but with a few dog walks!