▲ 5 r/Fire

How long until FIRE

Hello friends,

Want your expert opinions on when you think I could reasonably FIRE. Im aware I’m in a good position but I’m pretty early on in my career so would also value any opinions of people who have left it all behind (my job is fine, I do enjoy it, but I work hard and long hours, but still have time for hobbies and fun maxing holidays and never work weekends).

- Basic: 31M, single (gay, probably no kids, just ended LTR but want a life partner). Live in CO.

- Income: $300k base + $200k RSUs and bonus (big tech AI)

- Savings: $1.5M invested in VTI/VXUS via Vanguard, $400k vested RSUs in FAANG company, $500k 401k (invested in VTI/VXUS), $130k ROTH IRA. No debt.

- Outgoings: About $8-9k per month, not a homeowner (I just rent as it’s easier and gives flex, but id like to buy a home soon). everything left over each month is invested.

thanks!!

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u/DeluxeSpoon — 7 hours ago

Social Cycling Groups in Denver

hey friends, I’ve just moved to Denver, I’m into road cycling, can anyone point me in the direction of an active social road cycling group? would love to meet some people (ideally B speed and less than 3-4 hrs of cycling with a beer/coffee at the end!). thanks!

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u/DeluxeSpoon — 2 days ago

Why are UK salaries so uncompetitive at a global level?

I’m a UK citizen but living in the US, working at a FAANG company. I’ve been given a budget to hire a team globally, which I can allocate to new openings in each country depending on how I need my team to be structured.

Anyway, I was shocked to see that the UK is in “tier 3“ salary cost alongside other countries which have significantly lower cost of living (Poland/Spain/Brazil, etc), and India and China are on tier 4. Canada and US are tier 1, Germany/France/Ireland are tier 2. A new role in the UK (London) would pay £80-120k, but that same role in the US (Seattle) is $350-450k, and it would be £60-100k in Poland which feels quite high vs UK.

My question is: how did UK salaries become so uncompetitive on a global basis? when did it start diverging and why?

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u/DeluxeSpoon — 2 months ago

Hey all, I’ve got the following set up for my investments, would love any feedback.

  • 31M, no debt
  • main brokerage = this is my investment account where I’m putting about 10k in each month which is on Vanguard Digital Advisor. Intention is 60 VTI / 40 VXUS (some VEU for tax loss harvesting)
  • other brokerage account = experimenting with other funds (I know there is some overlap between the funds)
  • roth Ira = just started this last year, in VTI and VXUS
  • I’m worried about US stocks being overvalued so holding a lot in cash at the moment (I just sold some of my employer RSUs and kept in cash).

My Q is: what would you put cash into? I feel like the markets are due a correction but I don’t want to hold cash for long

u/DeluxeSpoon — 2 months ago