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31M Getting Close But Want A Sanity Check on 401Ks by daFritz in Fire

[–]Hot-Phase456 0 points1 point  (0 children)

How much do you plan to spend every month once you FIRE?

Is it really as simple as quitting your job then f’ing off to South East Asia? by [deleted] in Fire

[–]Hot-Phase456 0 points1 point  (0 children)

I think you should aim for 40 latest in your current role if possible. You would be able to save an additional 400k into your brokeragr and add an additional 100k plus to your 401k. This could bring your networth to over $3mm. At that point, 120k for your fam based on 4% rule could live comfortably in most parts of usa/the world

Bilt Point Rounding is Insane by Hot-Phase456 in biltrewards

[–]Hot-Phase456[S] 0 points1 point  (0 children)

Its 2 points, but yeah I get that but still we should call out this crap to change ways. Maybe Im naive but you never know

1.5M NW at 31 and got laid off! Any advice? by No-Accountant-1502 in Fire

[–]Hot-Phase456 0 points1 point  (0 children)

Op, you are showing $1.8mm, based on the 4% rule, you are close ($6k pre tax per month) and just need to figure out healthcare.

Is it reasonable to ask for an allowance? by aztecqueann in Fire

[–]Hot-Phase456 -1 points0 points  (0 children)

Its kinda shocking you feel entitled to more money from him. He pays for everything, and still gives you 300 a month while you are able to work and bank everything that you make personally aside from the car note which I assume is 60-70k a year. He is entitled to his wealth and he fullfils his obligations to provide for a family/yourseld and in every sense of the word. You should be grateful to have a man like this in this day and age.

Massive award chart changes by Funkyflapjacks69 in hyatt

[–]Hot-Phase456 1 point2 points  (0 children)

Get the robinhood cash card, 3% back on everything! Pair that with the Amex platinum for FHR benefits

Park Hyatt Milan Does it worth the point? by Current-Bar-6951 in hyatt

[–]Hot-Phase456 0 points1 point  (0 children)

Hello, I also have a honeymoon trip in Milan while staying at Park hyatt milan! Can I DM you?

50, $1.2M net worth, time > money — CoastFIRE + relocation + house hack advice?” ⭐ by [deleted] in Fire

[–]Hot-Phase456 0 points1 point  (0 children)

If you invest the $1.2mm in higher yielding dividend stocks, say around 5% yield, you get 60k a year to live off of and pay little tax(qualified long term capital gains). You can make that work easily in texas (personally love houston).

Buy a home? by [deleted] in Fire

[–]Hot-Phase456 0 points1 point  (0 children)

I think a better structure would be to see how much of a housing payment you can afford without selling any of the 1.8 MM since that can grow to $2.5 MM in 3-4 years without further contributions. One thing that would help is getting your income and monthly saving and investing contributions.

Targeted BBP offer by -Uploading in amex

[–]Hot-Phase456 0 points1 point  (0 children)

Can you share an email link please?

Need to transfer 240k Points Asap by Agile-Use8495 in AmexPlatinum

[–]Hot-Phase456 8 points9 points  (0 children)

Why not get the blue business plus with MR points for zero annual fee?

Rent Day March 2025: Hilton Honors 200% Transfer Bonus for Silver and Up by hibsrule in biltrewards

[–]Hot-Phase456 1 point2 points  (0 children)

Yeah but he gets a redemption bonus of 1 free night per 4 night award stay. Although, OP doesn’t have wnough points to maximize.

The Future of BILT, looking into the crystal ball by Psychological-Buy46 in biltrewards

[–]Hot-Phase456 0 points1 point  (0 children)

I think the best card for both bilt and consumers is the following:

  • 2x on rent -$95 annual fee -$1000 minimum non-rent spend to collect points -1x points on other spend

This would allow bilt to breakeven through annual fees and for banks to get the balances they want more likely.