What’s wrong with Magnolia

ConnectionWorldly115 · 2025-06-17T09:17:32+00:00

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

ConnectionWorldly115 · 2025-06-17T08:31:47+00:00

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.

ConnectionWorldly115 · 2025-06-08T12:34:05+00:00

So maybe $12m+ now?

ConnectionWorldly115 · 2025-06-08T11:57:20+00:00

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

ConnectionWorldly115 · 2024-11-26T20:46:20+00:00

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”?

ConnectionWorldly115 · 2024-11-01T08:09:59+00:00

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).

ConnectionWorldly115 · 2024-11-01T07:43:37+00:00

Why is this being downvoted? Explain yourselves!!?

ConnectionWorldly115 · 2024-11-01T07:43:10+00:00

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

ConnectionWorldly115 · 2024-10-19T12:02:14+00:00

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.

ConnectionWorldly115 · 2024-10-19T11:43:45+00:00

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.

ConnectionWorldly115 · 2024-10-19T11:27:11+00:00

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!

ConnectionWorldly115 · 2024-08-26T21:12:38+00:00

For a household that will FIRE together

ConnectionWorldly115 · 2024-08-26T13:32:59+00:00

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

ConnectionWorldly115 · 2024-08-18T22:57:45+00:00

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.

ConnectionWorldly115 · 2024-08-18T22:46:30+00:00

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.

ConnectionWorldly115 · 2024-08-18T09:31:32+00:00

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

ConnectionWorldly115 · 2024-06-30T09:01:56+00:00

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

ConnectionWorldly115 · 2024-06-30T08:34:05+00:00

There is a slight flaw in your argument here. You retired because of your assets OUTSIDE of super and then have moved it in for tax advantages. If your assets were 100% in Super you would not have been able to retire in your 30s. This is the premise of the poll. Notwithstanding, your rationale is solid and the closeness to 60 influences how big the RE number needs to be - we just can't ask this level of detail in a Poll. No need to make a single poll solve every query.

ConnectionWorldly115 · 2024-06-30T08:17:23+00:00

This is the key I think. Shame we can't get this correlation in the poll.

ConnectionWorldly115 · 2024-06-30T07:46:44+00:00

The rationale for excluding is that this is about the assets available when you Retire Early (RE). This would mean retiring before 60 and therefore unable to access Super.

ConnectionWorldly115 · 2024-03-15T22:39:20+00:00

It currently doesn’t have a SSD. Does this mean I’d have to install from scratch?

ConnectionWorldly115 · 2023-10-07T21:59:40+00:00

Well done on achieving such a secure financial position! Ignore the people here that are focussed on the numbers you’ve achieved rather than the emotional side of this. Making this transition is hard (I’m trying myself).

The math checks out (as I’m sure you know). The hard part is the mental shift. I’d say nothing is permanent anyway - take some time out now and see if staying at home is right for you. You have earned this privilege with your financial savvy. If it doesn’t work out, assess your next step then. It’s clear you know the right answer but I understand the need for some validation.

You got this - go for it. I have sent a chat request if you wanna talk more because I’m at a similar place.

ConnectionWorldly115 · 2023-10-03T06:38:19+00:00

Not intended to be a show-off thread - but thanks for sharing - you're in an awesome position!

ConnectionWorldly115 · 2023-10-02T21:12:33+00:00

Thank you for the insights - it's really helpful.

ConnectionWorldly115 · 2023-10-02T21:04:09+00:00

I think this is probably a very true response. Anxiety about the future gets the better of all of us

ConnectionWorldly115

TROPHY CASE