Closet Duck

Meet G-Duck, he’s in the closet, but he is still cool!


It’s reader question time today! But before we go any further, I just want to clarify that (if this post ever gets to page one for the google search “are you out of the closet”, for example!) if there are any young persons confused about their sexuality reading this, we are unfortunately talking about whether your interest in pursuing early Financial Independence (FI) is “out of the closet” here. Please try google again, but not before having a quick look around the blog of course! You see on the bright side, you most have probably never heard of such a thing as early retirement is possible for mere mortal non-CEO/Rockstar/Premier League Football Players, but if you take a look around here, soak up the information available on how to save money and how to plan for FI, you could be well on your way! Hey, I’ll even throw in a few philosophical and psychological pointers on how to live the good life as well.

Shhh… Don’t tell anyone!

Now back to the question in point. I first started thinking about it a little more deeply after the witty exchange of comments with TEA on this article here. It has always been an assumed fact in my own brain that I wouldn’t be telling people about my FI goal in real life, apart from Mrs TFS of course.

Why wouldn’t you want to tell people about FI as a goal? I can think of many reasons:

  • You can’t tell people at work, what if it filters back to your boss and he thinks you no longer want to work there? That won’t look good!
  • If you are just starting out on the road to FI, you are still not so sure if you can achieve it so do not want to set yourself up for a big failure
  • You are afraid of being shot down by your nearest and dearest: “You what son?! Get a bloody job and work till you’re 65 like the bleedin’ rest of us!” 1
  • You are afraid of sounding like a workshy bum
  • You are afraid everyone will think you are batshit crazy
  • You don’t want people to think you are mega loaded and therefore expect you to pay for everything (You are practising “Stealth Wealth” as J-Money and Financial Samurai would say)

So, are you “in” or “out”?

Over to you then readers: are you in or out of the FI closet?

If you are “in”, why is that? Are there any extra reasons I haven’t covered above? (I’m sure there are many others!)

If you are “out”, how did you go about telling everyone?

What were their reactions? I am sure they were very varied and would make some great stories to hear abou in the comments, so let us know!


It will be interesting to see how many are in and out as a percentage. I might even add a pie chart to the post if we get enough replies 🙂

I would hazard a guess that for those still on the way to FI, a large majority are still in the closet (~80%) while of those who’ve “made it” that figure will be reversed, but maybe we are all mainly still in the closet!? Let’s see how it pans out! 🙂


  1. Please note this is not a textual impression of TFS Senior, he is not in the cast of Eastenders nor was he an extra in Mary Poppins