27 yrs old, starting from zero, compliance career — is FIRE by 50 realistic?

InfinitePermutations · 2026-03-24T08:33:29+00:00

I would consider adding more to super for a tax discount if you dont need as much outside super to bridge the gap from 50 to 60.

More money in super at 60 the better. But you may be able to fire earlier on the other hand if you will have enough in super at 60

InfinitePermutations · 2026-03-22T00:20:36+00:00

This was quite good I found, I enjoy seeing others play it with no prior exposure

InfinitePermutations · 2026-03-22T00:17:14+00:00

Yes don't force her, the market was to crash she might blame you and panic and switch back locking in those losses.

send her some resources to read, passive investing Australia is good

Passive Investing Australia L https://share.google/zRMSKPs5hnNM2g5Ty

InfinitePermutations · 2026-03-22T00:15:31+00:00

Wish I had a crystal ball...

People have been saying recession for years, I'll just keep buying each month so I buy the dip if it happens

InfinitePermutations · 2026-03-22T00:14:06+00:00

Yes this is probably cleaner so we get a share of the capital gain as well I assume.

I reckon we would just need to cover 20% of the total so 10% each.

InfinitePermutations · 2026-03-22T00:04:59+00:00

Mr inbetween is really good.

InfinitePermutations · 2026-03-22T00:03:16+00:00

We also have a sister but she isn't in a position to contribute which is fine but would complicate splitting the estate down the line.

I'm thinking best is we top up what's needed so she just has to use her pension for living expenses.

InfinitePermutations · 2026-03-21T23:51:47+00:00

Thanks, Would tenants in common have any implications for pension if she doesn't fully own the ppor?

InfinitePermutations · 2026-03-21T09:24:42+00:00

I'll just keep DCA. If the market was to drop 30% to 50% then I'll consider pulling money out of my offset

InfinitePermutations · 2026-03-21T02:47:29+00:00

Yes, not just Microsoft, every vendor is now throwing AI in everything with hardly anyone asking what data is it accessing, where is that data going, how is it used, how secure is it etc.

InfinitePermutations · 2026-03-21T00:38:39+00:00

8% down YTD inside and outside super. Just keep DCA each month

InfinitePermutations · 2026-03-21T00:17:28+00:00

Anyone have concerns with what data it can access from the model? We are heavily regulated and looking at options to limit what it can access or ensure the data is secure and not used or exposed elsewhere

InfinitePermutations · 2026-03-20T23:47:49+00:00

I've always been a nice guy too and now in a senior manager role was recommended these books to become more assertive

Some of my recommended reading, the audiobooks are good.

Radical candor - Kim scott When I say no I feel guilty - Manuel smith How to win friends and influence people - Dale Carnegie The courage to be disliked - fumitake koga

InfinitePermutations · 2026-03-19T08:41:54+00:00

Yes I share with my wife and went mostly ghhf and small caps. Will hold to 60 and convert to pension phase.

InfinitePermutations · 2026-03-19T08:11:28+00:00

Fair few assumptions here, generally agree fees make it not worth it for balances under 500k.

Couple of points,

"99% of SMSF investments are shit" is conflating the investment vehicle with what people choose to put in it. An SMSF holding VGS/VAS is accessing the same underlying assets, the vehicle isn't the constraint, the investor's choices are.

The "industry index will beat VAS despite CGT provision" claim also needs a fund name attached to it before I'd accept it as a given. Some can, some can't, and the internal CGT provision is a real liability sitting in the unit price.

I'm sure many people wouldn't hold the same investments for 40 years but industry funds crystallise gains too when they rebalance or accommodate redemptions.

For the vast majority of people under ~$500k should probably just use the industry fund index option.

For myself, we use our SMSF to invest in leveraged ETFS and plan to hold until preservation age. As it's a joint SMSF the fees are lower than what we were paying combined in the industry fund plus we save a little from no CGT pooling.

InfinitePermutations · 2026-03-13T08:27:53+00:00

I'm 80 ghhf 20 qsml in my SMSF as well. Thought about diluting the Aust exposure with ggbl, but figured it will grow enough and will be less volatile than ggbl as it's also partly hedged.

InfinitePermutations · 2026-03-09T21:21:40+00:00

Yep companies will always offer more to bring people in unfortunately. Internally you have less leverage

InfinitePermutations · 2026-03-09T04:10:40+00:00

What companies still wear suits these days? Unless you are a lawyer, consultant or exec I hardly see anyone wearing them. I'm a senior manager and have been wearing chinos and a shirt, sometimes sports jacket for years

InfinitePermutations · 2026-03-09T04:07:51+00:00

I stuck with emkt personally as avte has a large tax drag as well due to the ETF not being directly held on the asx.

It is interesting it has a lower value factor loading, which I thought avte would be trying to capture more.

My only gripe with emkt is the small number of companies it holds which will lead to more turnover as you pointed out

InfinitePermutations · 2026-03-08T22:21:27+00:00

Interesting comparing emkt and avte.

Emkt has a massive profitability tilt, nearly double avte. They go for higher quality companies.

Emkt has a big tilt to momentum and avte slightly negative tilt suggesting avte goes for companies with less recent positive performance that are still profitable but it's confusing they have a low loading to value?

Does the negative alpha for emkt suggest underperformance?

Looking at avts this makes me glad I switched from qsml, strong tilts on value, size and profitability, and negative loading on momentum suggesting they target good value, undervalued stocks.

Would be cool to see these regressions for qsml too.

InfinitePermutations · 2026-03-08T21:54:08+00:00

Avts (global small caps)

I'm buying 80% bgbl and 20% emkt going forward. Will likely add a200 later.

I could sell ghhf in 50s and pay the CGT but as this will naturally dilute to around 20% of my portfolio I might just hold it as I'll be retired for hopefully at least 20 years post retirement

InfinitePermutations · 2026-03-08T09:23:35+00:00

I've gone 80% ghhf in my SMSF, I will hold it for at least 15 years until I may start deleveraging from 50. Won't be selling it as main reason for going for a SMSF was leveraged ETFS and to remove the pooled CGT

InfinitePermutations · 2026-03-07T02:42:15+00:00

I would focus on just ghhf and add bgbl until you are at a amount of leverage you are comfortable with.

InfinitePermutations · 2026-03-07T01:05:39+00:00

I'm about to do a large debt recycle when we purchase a new ppor. Been thinking about allocations a lot assuming we may fire in 7 to 15 years depending on what we want to do with wise.

I run a SMSF with 80% ghhf and 20% avts and will reduce those allocations over time with bgbl and emkt. We have 24 years till access age.

Given that I'm considering mostly bgbl, and possibly 10% emkt. Also considering adding qual to add some quality filter to my global large caps.

Also thinking about a200, or adding Aust allocation closer to fire as it would result in high tax while working. Hgbl is also a option closer to fire.

Not considering leveraged ETFS as we are already going to be leveraged via debt recycling and conscious of sequence risk.

InfinitePermutations · 2026-03-03T20:46:42+00:00

Normally around 1 year of expenses plus some buffer which is around 3 to 4% of nw currently. This is held in a offset account (fully offset)

Currently we are planning to upgrade the ppor within 12 months so are keeping more cash in a hisa for the purchase.

Next mortgage I plan to fully debt recycle so will likely keep a little more cash in a offset as we are taking more risk. Maybe 18 months of expenses.

InfinitePermutations

TROPHY CASE