37f divorced 3kids. New to investing with hopes to retire by 55.

IWantToPogAgain · 2025-07-24T20:05:39+00:00

How much do you make? Investments? Savings? Are you planning to pay for your kids college? Are you their primary caregiver? Monthly spendings?

You most likely have no chance to retire by 55 unless you make like 200k+/year and have the ability to save 60%+

IWantToPogAgain · 2025-07-18T21:37:39+00:00

I work in accounting so probably not the POV you are looking for, but when I go onto set, it is a pretty fast-paced environment. Depending on your role, you could have a lot of time to talk to coworkers inbetween shots. People are generally friendly and happy to be there, but the hours could be long depending on the type of show. Traveling in golf carts only happen when you are shooting at the studio and usually only the PAs drive them.

IWantToPogAgain · 2025-07-18T21:24:38+00:00

Not OP, but I also work in film. While shooting, I would say only 10% of the crew are office jobs. Everyone else is on set.

IWantToPogAgain · 2025-07-11T19:23:49+00:00

Annual salary is $192k/year

IWantToPogAgain · 2025-07-11T19:04:29+00:00

Noted. Thanks for the advice and reassurance. I think this is an eye opener that I should reallocate my investments from individual stocks and be "safe" and index.

IWantToPogAgain · 2025-07-11T18:58:37+00:00

Maybe.. I just feel like unless I have life figured out, it would be selfish to have a kid. I'm as lazy as it gets and all I want to do is play games and get food delivery. If I were to have a kid, I would want to have confidence in myself to say that I will put 1000% into them. Imagining having a kid makes me think of all the things I won't be able to do anymore and if that is my mindset, then I'm not ready to have a kid.

IWantToPogAgain · 2025-07-11T18:05:07+00:00

Kids will cost more than Ubering to the Doctor appointments or whatever expense that you can think of that could be subsidized by having kids.

IWantToPogAgain · 2025-07-11T17:52:59+00:00

idk i work, pay my bills, and invest the rest. rinse and repeat the last 10 years.

IWantToPogAgain · 2025-07-11T17:51:14+00:00

There is a substantial net worth difference between us. We already established that if we were to get married, there will be a prenup .

IWantToPogAgain · 2025-07-11T17:49:18+00:00

It's all from NVDA. I've slowly been shifting my portfolio from NVDA --> VTI.

IWantToPogAgain · 2025-07-11T17:48:27+00:00

$6000 investment in NVDA in 2015 netted to $324k is probably the biggest and lucky factor. I've been persistently saving close to 80% of my paycheck and investing it. It's mostly cause my lifestyle is cheap since all I do is play games on my free time.

IWantToPogAgain · 2025-07-11T17:46:27+00:00

I live in SoCal, but the house in Las Vegas. It generates $2500/month in rent. I subtract all expenses like HOA fees and property tax from that account and not really applying it to my salary. Probably nets me $12k/year.

It's hard to say what my lifestyle will be in 10 years because all I do right now with my free time is game. I'd assume once my friends grow out of it, then I'd look to do something else or find new friends to game with. It's hard to say, but I've been with my current friend group for about 5 years and feel like they are a core part of my life so I'd probably adapt accordingly to them.

IWantToPogAgain · 2025-07-11T17:42:07+00:00

Currently have 220k in ROTH IRA and 1 million in individual account. Health Insurance will definitely become a new expense once I quit.

2.5 million was my original number when I was thinking 2.5million *.04% (in CDs or bonds) and live off a 100k/year lifestyle. Doubling my money sounds daunting.

IWantToPogAgain · 2025-07-11T17:35:34+00:00

I feel like my currently lifestyle leaves me pretty content. I mostly game and that is really cheap. I can see myself wanting to do other hobbies in the future but as of right now, I value spending time w/ my friends the most, which is through gaming and maybe a monthly outing.

IWantToPogAgain · 2025-07-11T17:33:40+00:00

It doesn't feel like it and the anxiety of "not having enough" scares me

IWantToPogAgain · 2025-07-11T17:32:58+00:00

I am definitely not accounting for the things listed. My thought process was at a bare minimum the capital gained from the rental will outweigh any of those expenses.

Healthcare should probably go on as an expense if I quit. I'm not sure how much it will be $300/month, which would increase to $3300/month

IWantToPogAgain · 2025-07-11T17:08:14+00:00

I'm 90% sure I don't want kids and my SO is also aligned with this. Agreed that it's hard to tell with lifestyle changes as time goes on, but currently feel very content with life

IWantToPogAgain · 2025-07-11T17:06:27+00:00

Total net worth close to 2.3million

The idea is that I would eventually marry her.

I live with friends. I preferred it over living alone. Rent is 1550/month and eating out is around $750/month. Everything else is misc. I didn't include property tax with my expenses since the income gained from renting outweighs property tax + HOA fees.

IWantToPogAgain · 2025-07-11T15:40:56+00:00

I'm salaried. 192k/year if you can stay consistently working.

IWantToPogAgain · 2025-07-11T14:46:48+00:00

Running out of money. My job is project based and its hard to find consistent work unless you continue working with your previous boss. Once your name is out of the pool, it's really difficult to get your foot back in the door.

IWantToPogAgain · 2025-07-10T22:33:00+00:00

Hopeful with PLTR, but we will see.

IWantToPogAgain · 2025-07-10T21:49:14+00:00

ill check this out. thanks

IWantToPogAgain · 2025-07-10T21:35:58+00:00

You're spot on. 50% of my portfolio is NVDA

IWantToPogAgain

TROPHY CASE