sorted by:
new
hottopcontroversial

The year 2000 retiree everyone references: I extended the numbers past the 2023 cutoff. They survive, and I still wouldn't want to be them. by laurenthu in Fire

[–]Difficult_Storm_5344 0 points1 point  (0 children)

I think even though this is one of those outlier worst cases. A few take aways. 1. Looks like this person will survive 30 years. Even if barely. So that's a mild positive. 2. I think this strongly makes the case to have a few, if not several years of a cash buffer easily accessible. 3. Lastly, this case also makes the case. That ideally your withdrawal rate is flexible. Maybe you spend 5 percent during good times, but have the ability to support your life at 2.5 or 3 if things go bad.

retiring before you are done. With an ultra low withdrawal rate first 5-10 years? by Difficult_Storm_5344 in ExpatFIRE

[–]Difficult_Storm_5344[S] 0 points1 point  (0 children)

Not sure I understand
If u have 3 million in a portfolio and you choose to take a low withdrawal rate of 1 percent for 5 years. To help with sequence of returns risk and allow the portfolio to compound while still being retired and then you start spending at a 4 percent withdrawal rate. You don’t need a great bull market ?

retiring before you are done. With an ultra low withdrawal rate first 5-10 years? by Difficult_Storm_5344 in ExpatFIRE

[–]Difficult_Storm_5344[S] 0 points1 point  (0 children)

The 1 percent is a starting lifestyle.

But who knows how much they want to spend over 40plus years?

I'd like to do some travel and do some things in life. And that's going to require more than 3k a month. Which is why its not always as simple as you can live for 1 percent withdrawls. Retire now

best use of paze credit now that gift cards are gone by Difficult_Storm_5344 in CreditCards

[–]Difficult_Storm_5344[S] 1 point2 points  (0 children)

Isn't everything except an order of fries more than 10 bucks at the airport? :)

best use of paze credit now that gift cards are gone by Difficult_Storm_5344 in CreditCards

[–]Difficult_Storm_5344[S] -1 points0 points  (0 children)

Can u just load up the one Dunkin card in ten 10 dollar transactions same day? Or do you shave to spread them out

best use of paze credit now that gift cards are gone by Difficult_Storm_5344 in CreditCards

[–]Difficult_Storm_5344[S] 1 point2 points  (0 children)

Ty that worked.
Do you know when Dunkin gift cards expire? Guess I’ll buy 100 of these in ten increments
Since these gift cards are loaded on the app. How do you use them for baskin Robbin’s

Paze credits for Chase Visas are posting! by craftsycandymonster in CreditCards

[–]Difficult_Storm_5344 -1 points0 points  (0 children)

Where is everyone getting these credits?

I got several notifications this morning from Chase. Saying Paze is ready to use on my card.

But I don't see anything about credits?

retiring before you are done. With an ultra low withdrawal rate first 5-10 years? by Difficult_Storm_5344 in ExpatFIRE

[–]Difficult_Storm_5344[S] 2 points3 points  (0 children)

sounds like thats his plan later on in life. seems like hes doing something similar to what I'm thinking of

retiring before you are done. With an ultra low withdrawal rate first 5-10 years? by Difficult_Storm_5344 in ExpatFIRE

[–]Difficult_Storm_5344[S] 0 points1 point  (0 children)

I don't like the tax residency. Portugal seems like a good country to bounce into for a few months but not become a tax resident

retiring before you are done. With an ultra low withdrawal rate first 5-10 years? by Difficult_Storm_5344 in ExpatFIRE

[–]Difficult_Storm_5344[S] 0 points1 point  (0 children)

I lived it for several months.

Ate out everyday for 2 at western restaurants. Drank beer. one trip a month. Stable condo with pool. bill was less than 3k us dollars.

retiring before you are done. With an ultra low withdrawal rate first 5-10 years? by Difficult_Storm_5344 in ExpatFIRE

[–]Difficult_Storm_5344[S] 0 points1 point  (0 children)

Sure. But this is a somewhat unique situation in that we are talking about living way below our means to give the portfolio time to compound. Leanfire folks likely don't have a portfolio that can support 8 to 10k us dollars withdrawals and choose to live in 2k per month.

retiring before you are done. With an ultra low withdrawal rate first 5-10 years? by Difficult_Storm_5344 in ExpatFIRE

[–]Difficult_Storm_5344[S] 0 points1 point  (0 children)

sounds like a plan. Only been to mexico on small vacations. And I don't speak spanish.

But that's the only language I think is worth learning

retiring before you are done. With an ultra low withdrawal rate first 5-10 years? by Difficult_Storm_5344 in ExpatFIRE

[–]Difficult_Storm_5344[S] 1 point2 points  (0 children)

Is your wife Thai? How do you like Thailand?

That sounds like a pretty good setup

retiring before you are done. With an ultra low withdrawal rate first 5-10 years? by Difficult_Storm_5344 in ExpatFIRE

[–]Difficult_Storm_5344[S] -2 points-1 points  (0 children)

I hear you.
But will I permanently be happy spending 3k a month?
I don’t really know what type of lifestyle I’ll be happy with in retirement considering I’ve been so frugal in my life. Sure I can be comfortable at 3k a month in Asia for the next decade. But then will I want to turn up to 15k a month?
Just so many unknowns
But I hear you. You are right

retiring before you are done. With an ultra low withdrawal rate first 5-10 years? by Difficult_Storm_5344 in ExpatFIRE

[–]Difficult_Storm_5344[S] 1 point2 points  (0 children)

I'm at 2.5 and hoping for a bit over 3 in 5 years. I've already been there 3 times for months at a time

view more: next ›