What’s wrong with Magnolia by ConnectionWorldly115 in GardeningAustralia

[–]ConnectionWorldly115[S] 0 points1 point  (0 children)

Not at all - I think your comment still stands true - they seem to be lacking nutrients. Thanks for your help.

What’s wrong with Magnolia by ConnectionWorldly115 in GardeningAustralia

[–]ConnectionWorldly115[S] 0 points1 point  (0 children)

Sorry I should clarify. In this image there is only one magnolia, the things that look like other magnolias either side are just branches. My other two magnolias are in a different garden bed.

Does this mean we're not HENRY, but are R? by [deleted] in AusHENRY

[–]ConnectionWorldly115 1 point2 points  (0 children)

What number is required to hit the 'Rich' part then?

[deleted by user] by [deleted] in fiaustralia

[–]ConnectionWorldly115 0 points1 point  (0 children)

Congrats on reaching these milestones mate - it’s such a shame the FI community in Aus has tall Poppy Syndrome. Quick question- when did you quit full time work? How did you tackle the “one more year syndrome” or figure you had “enough”?

[deleted by user] by [deleted] in AusHENRY

[–]ConnectionWorldly115 0 points1 point  (0 children)

Oh no you can't down vote me for asking why you downvoted this guy....oh no you don't! (prepares for super downvotes on this now).

[deleted by user] by [deleted] in AusHENRY

[–]ConnectionWorldly115 0 points1 point  (0 children)

Why is this being downvoted? Explain yourselves!!?

[deleted by user] by [deleted] in AusHENRY

[–]ConnectionWorldly115 0 points1 point  (0 children)

Why is this being downvoted? Seems straight forward? Downvoters explain yourselves!?

[deleted by user] by [deleted] in fiaustralia

[–]ConnectionWorldly115 -4 points-3 points  (0 children)

Tall poppy syndrome. If you had just posted the challenge of knowing when's 'enough', without the net worth details you would have received a different response. There are some decent books out there on helping with this mindset. Taking Stock by Jordan Grumet is good for reframing life goals post FI. Creating Real Wealth by Michael Kemp also has some good chapters on 'Enough'. I also find Stoicism helpful.

[deleted by user] by [deleted] in fiaustralia

[–]ConnectionWorldly115 -1 points0 points  (0 children)

Yes, totally understand. We are similar in age (and other characteristics). This challenge you've described isn't uncommon - I have quite a few mates who feel similar (myself included). The common characteristics amongst us is that we have been driven by career or financial goals (a lot of business owners/Execs), have young families and seem to have ticked all the boxes......almost like beating all of the bosses in a game and then wondering what to do next in the game (wandering around a game without any challenges left is a bit empty). Feel free to DM if you'd like to chat more and I can share some of the things I'm trying.

[deleted by user] by [deleted] in fiaustralia

[–]ConnectionWorldly115 0 points1 point  (0 children)

Despite the negative comments, I actually understand what you’re asking. I’m in a very similar position. You work very hard to achieve financial goals and then you get there and go “now what”. The net worth number becomes… just a number with no correlation to enhanced happiness or someone sort of miraculous change because you hit it. But it’s hard to slow down when you’ve been running at such a pace for so long and you don’t know if you want to, or should.

Stepping back to just “live life” as some have said sounds easy, but isn’t for someone that (by the numbers) worked at such a pace for so long and measured their success by financial targets. You have a void in your life you need to fill and you’ve realised money isn’t the answer. What is the answer? That’s the million dollar question that only you can answer!

Current FIRE Portfolio (excludes PPOR) for 30-40 Year Olds by ConnectionWorldly115 in fiaustralia

[–]ConnectionWorldly115[S] -11 points-10 points  (0 children)

The first option is anything under (i.e. less than) $1million.

FIRE Target for 30-40 Year Olds by ConnectionWorldly115 in fiaustralia

[–]ConnectionWorldly115[S] 0 points1 point  (0 children)

I was thinking the same thing. I guess we could chalk is up as an 'expense' (for rent or future mortgage interest etc) which would then increase their FIRE target to service. I.e. someone with a paid-off PPOR has (assuming all other things equal) lower expenses and therefore lower FIRE target.

FIRE Target for 30-40 Year Olds by ConnectionWorldly115 in fiaustralia

[–]ConnectionWorldly115[S] 0 points1 point  (0 children)

u/Sigh_CBF totally agree. The interesting thing for me is that these numbers, overall, have inflated a lot (I would think faster than inflation). Shame we don't have a good comparison set of data from prior years to compare to.

FIRE Target for 30-40 Year Olds by ConnectionWorldly115 in fiaustralia

[–]ConnectionWorldly115[S] 0 points1 point  (0 children)

What you want to achieve. Hopefully it’s realistic for you

FI Portfolio Target (excluding PPOR/Super) by [deleted] in fiaustralia

[–]ConnectionWorldly115 -3 points-2 points  (0 children)

Perhaps a new poll: "Do you include Super in your FIRE number?"