I earn around 250k but targeting a pretty lean retirement by no later than 35 (unless ai destroys tech jobs, then I might be delayed by a bit, would need to coast a bit first)
Ive started dating recently, but it seems to be very hard to find someone financially aligned. Everyone i met has massive lifestyle creep, the most i see people do is just max 401k
Okay heres my situation.
I had a part time teaching position that I really enjoyed.
They messed me around a bit with the hours and I was fired (I got what I feel is a good settlement from this about 20k)
I have not looked for a job since...
My outgoings for the past 2 years average at 1.9k a month (renting, food, leisure time, utilities, maintenance costs.. etc. no health insurance as EU.. I live in Spain).
I have about 100k in savings. Most of this is invested in index funds. And I have a house that is paid off in full back in the UK. T
hat brings me 1.3k a month in rent
and the savings/investments averaging 700.
I also stream video games for fun and that averages 500 a month for the past 2 years
I track everything... Good months and bad months so I can speak on these incomings and outgoings with confidence.
So it is 1.9k a month out and 2.5k a month in.
I put that 500 a month back into index funds (of which is a tax protected allowance I can use annually)
I feel very unmotivated to get a job just for the sake of it. My situation and lifestyle at the moment does not require it.
i feel some sort of guilt that this is not okay though? I have been living this way for a year now. And I do a lot of sports, competitions, arts.. whatever I want with my free time. But it feels strange to be doing this at the age of 33?
Any thoughts??? Thanks
Hi all, as mentioned in the title, the idea of not receiving a salary over next 6-9 months actually scares me (37m). It's like I am casted adrift and not knowing when I'll next see land. Context is that I realised that reached coast fire early this year. I tried to keep working but at a slower pace (practically coasting) at my work as a machine learning engineer in a hedge fund, and my team members noticed and the resentment is just building. I then realised that I'm burnt out and I really need to rest Otherwise, I think my number works:
Investment: 820k (coast fire)
Total nw: 1.3 million (include property and other assets)
Savings: 9 months of sabbatical + 3 month of emergency fund
Sabbatical intention is to take long deep rest and test drive retirement life while I still have the market value to come back into the market.
What helped you overcome this fear, if you had it?
Hi all. I am single 45M living in southeast Europe. My portfolio is 600000€ consisting of:
60% covered call etf’s ( winc, jeep, jeqp and syld )
25% pjs1 as stabilizator/cash reserve
15% vwce for some growth
I live im my apartment, fully paid off.
My monthly expenses would be 2000€. I am prepared to live with 1500€ if the market gets really bad.
What do you think, can I FIRE?
77 degrees. Drizzly. 89% humidity. Let's call it Crisp. Im in Alabama ffs. In a Trailer. With no Debt. Well, I technically have Debt, as I hold Debt, but I am not a Debtor. I am a Creditor. And my net worth continues to Ascend.
October 2: two-year 4.83%, five-year 5.06%, ten-year 5.28%, thirty-year 5.63%. Weekly moves of +2/+8/+11/+14bp, taking 2s30s from 68 to 80. Back-end-led bear steepening atm. My autumn Tranches continue approaching redemption: old Twos, seasoned Fives, Threes, Sevens. The November 2021 Five has weeks remaining. DV01 contracts toward zero as redemption approaches. The longer inventory retains its key-rate concentrations, with z the zero-rate vector. ATTN: Haters and Trolls, Your “Bonds Bad” framework omits cross-gamma, cash-flow timing and apparently the passage of Time.
Coupon accrues against par while YTM discounts the remaining payments to the dirty purchase price. A hypothetical 4% Note bought at 99.45 exactly one coupon period before maturity pays 102 after six months: 2(102/99.45−1) ≈ 5.13% bond-equivalent YTM. The Coupon remains 4%. Coupons spent on Games have exited the reinvestment calculation. October principal replenishes the reserve; November gets another deployment decision. I stagger reinvestment exposure while matching near-term nominal expenditures. Inflation retains visiting privileges. Leanfire does not require a house with a Foundation to have a secure financial foundation. In the crude K=c/r perpetuity, I keep working on c. The Trailer’s investor-relations Budget is zero. My backlog has acquired a substantial unfunded requirement for evenings.
Which brings me to the State of Gaming. Take a hypothetical $300m production Budget plus $100m marketing, with $35 net contribution per copy: 11.43m copies merely to recover nominal expenditure. Add twelve months at $8m monthly burn and the threshold reaches 14.17m; receipts have also moved farther down the discount curve. Show me the probability-weighted sales distribution. Your creative director has supplied a photograph of himself beside a motorcycle. Asha has received certain courtesies. The Xbox situation remains within my field of concern. AAA Budgets fascinate me because everyone demands creative autonomy while submitting an underwriting case dependent on nearly universal approval. Raise fixed costs sufficiently and “niche appeal” becomes an audit finding. Then the Game gets longer to justify its Budget, enlarging the Budget, requiring additional consumers whose evenings are already pledged to other Games. My backlog is the household register of these competing claims. Please stop originating them. And run the subscription counterfactual properly. For an existing cohort of N subscribers, incremental retention value is the discounted monthly contribution multiplied by the change in survival probability. Deduct displaced premium-sales contribution. Forty million Hours is a telemetry output. Put Dollars beside it. Asha, please. Certain assistance will remain unattributed. The Indie Reprieve offers me an intelligible proposition: smaller scope, a tolerable break-even audience, mechanics that survive contact with an actual controller. Selection bias remains; I am discussing the Games worth playing. I would sacrifice several billion hypothetical foliage interactions for a completed design. Budget the animations. Budget the contractors. Budget the fucking map. Someone must eventually Budget an ending. But I digress. The State of Gaming is grim, Indies offer a Reprieve, and LeanFIRE offers me the best seat in the house to whittle down my backlog and, Yields permitting, add to it.
I am 28, I currently make 215k per year. I decided to live comfortably but not let my expenses grow too much so that I can save and invest more efficiently and eventually hopefully not have to work full time (or hopefully not HAVE to work at all eventually)
401k 4% of my income
IRA max each year
-my goal is 700k in retirement accounts by age 40 then if I could just max my and my future wife’s IRA each year and keep hands off and let it grow, I’ve been doing calculations and thinking that should be enough for a very comfortable retirement.
5% of my income is going straight into brokerage account and I plan on increasing this by 2% or so every year as I receive raises.
-this is to bridge the years I’d like to work half time or less. Goal is also 700k by age 40. I figure I can potentially spend a bit more than 4% rule since it only has to last me 20 years
10% of my income goes straight into real estate investing. I bought my first duplex that I house hacked this year. I have plans to buy another in 1-1.5 years from now or whenever it makes sense mathematically and also house hack that one and potentially a third. My goal is 10-15 doors that make sense long term, even if they’re cash flow neutral at year zero, that building equity in the background I feel is worth it and from there if rates ever go down, having the chance to refinance and make the cash flow better.. but I’m good with close to net zero.
Ultimately, my goal is to work half time at age 40, wife work half time. Live a comfortable upper middle class lifestyle with hobbies and travel a few times per year.
I used ChatGPT to help organize my plan, but I’d like to hear other people’s opinions and experiences and see if my plan can work or if I’m overlooking anythin.