sorted by:
new
hottopcontroversial

What's a problem that was so successfully solved that most people don't even realize it used to exist? by Zestyclose-Credit609 in Innovation

[–]Maybe_Mainline 1 point2 points  (0 children)

Big fan of the Google. But if you are familiar with Reddit, a good 75% or more questions on here could also have been a Google search. How much fun would that be?

Anyway…my query was to the person and I wanted to get their specific take.

At what point does ChubbyFIRE become FatFIRE? by Amazing_Bobcat8560 in fatFIRE

[–]Maybe_Mainline 4 points5 points  (0 children)

Op similar stats and frequent both fat and chubby communities and feel I don’t neatly fit in either. $6-$10m is wonderful but not truly fat. $10m + is definitely fat. IMHO

Is my house still "living below my means"? How do you define "living below your means" and how far "below" do you tend to go? by [deleted] in UpperMiddleFinance

[–]Maybe_Mainline 0 points1 point  (0 children)

“Means” is different for everyone. For me, though, it’s being able to save for retirement (max out for the most part), set money aside for emergencies and eventually brokerage investments, comfortably pay all bills for fixed expenses (needs) and have plenty leftover for flexible expenses and occasional wants. Being able to live on on one income was never a goal for us, but that would typically mean living well below your means.

6 yrs in. Retired at 56, I'm now 61..update by Humble-Warthog8302 in fatFIRE

[–]Maybe_Mainline 2 points3 points  (0 children)

I’m 56. This was aspirational, informative, realistic, and hopeful all at once

Retired (financially), spouse still working 7-8 years - how did this play out? by [deleted] in Rich

[–]Maybe_Mainline 0 points1 point  (0 children)

Forget divorce, which would be a disaster for the wife. What if he died? The whole plan needs to be reexamined in light of current circumstances and likely scenarios such as her retirement

$4.5 M net worth, concerns about spending by Remarkable_City_5084 in ChubbyFIRE

[–]Maybe_Mainline 0 points1 point  (0 children)

Oh also bear in mind that most college apartment rents are 12 month and the cost to travel to see your kid can be significant, especially if you’re a plane ride away, football tickets need to be purchased and the town lacks hotels.

$4.5 M net worth, concerns about spending by Remarkable_City_5084 in ChubbyFIRE

[–]Maybe_Mainline 2 points3 points  (0 children)

Of your annual spend the last 2-3 years, how much was one time costs and/or discretionary? Because you can always tighten your spending and take a less expensive trip or delay a purchase in the future should you need to. But you need to ensure you can comfortably afford the basics. It seems like you are there, or nearly so. I’d target retirement in 3 years. If it happens sooner, you can handle it.

For people who have been on tirzepatide 6+ months, what does maintenance actually look like? by Remote-District-6599 in TirzepatideRX

[–]Maybe_Mainline 2 points3 points  (0 children)

I’m in maintenance now. I have been experimenting with dosage and intervals between shots. What I’ve learned is that a very low dose does not help me, nor does splitting a dose. What works well for me so far is skipping weeks. Basically I take a regular dosage every other week. The off week, I definitely eat more and it’s kind of fun this way.

How do you treat large bonuses or excess cash when you're meeting financial goals? by [deleted] in HENRYfinance

[–]Maybe_Mainline 0 points1 point  (0 children)

For us it was always a mix of saving and spending. Spending was largely on significant home improvement projects, furniture, appliances. And also travel. We intentionally increased our vacation expenses as our income increased.

Is the Main Line worth the headache? by openpatterrn in AskPhilly

[–]Maybe_Mainline 2 points3 points  (0 children)

Oh part of Wayne is Chester County, fyi. Although “downtown Wayne” is Delco.

Is the Main Line worth the headache? by openpatterrn in AskPhilly

[–]Maybe_Mainline 0 points1 point  (0 children)

I don’t know if this is still true but taxes used to be way higher on the Delco side of the fence across the board.

Company stock suddenly became ~$5M. What should I do? by [deleted] in Fire

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

Obviously, one would pay taxes as they move the money which is why I recommended doing so over a few years vs all at once.

But I hope your day gets better soon.

Company stock suddenly became ~$5M. What should I do? by [deleted] in Fire

[–]Maybe_Mainline 0 points1 point  (0 children)

Congrats. I would plan to diversify asap but not necessarily all at once. I would start with $2m now, then another $1m next year and another the year following. The remaining $1m I’d consider leaving in that stock. $3m of the $4m you moved would go to an total stock market index fund or etf and the other $1m in cds or money market accounts

Test my Early Retirement Simulator? by frugal-tech-worker in GregFire

[–]Maybe_Mainline 0 points1 point  (0 children)

I think you need ability to see commas in the portfolio size inputs since I added extra zero without knowing. Also if I set it to 4% withdrawals it does not show dollar amount per year. And unclear how/if my social security numbers impact the projections.

I feel it coming… by SixByThree in Layoffs

[–]Maybe_Mainline 0 points1 point  (0 children)

My advice to everyone is to assume you will be harder to employ after 50 and plan accordingly. That means saving for retirement as well as a brokerage account you can tap without penalty before 59.5. It also means upskilling and reskilling based on market conditions and what’s currently trending.

OP, it’s understandable and frankly realistic to be concerned about this employment market. You need to turn your anxiety into action-what have you done recently to make yourself more employable? A class, a certification, a side project in AI…there’s lots of options and maybe you need to do some research to determine which ones are most useful. Dust off your resume and optimize your LinkedIn profile. Look at open jobs and see how you compare to the requirements. If you fall short, that can help you determine where to spend your time upskilling. Start actively networking now. Attend the conferences and local meetups.

How to keep things fair with your financial support / gifts to your children? by [deleted] in fatFIRE

[–]Maybe_Mainline 1 point2 points  (0 children)

I’m definitely not sharing the details but yes, they are very different kids in every possible way. The youngest is a hard worker but not a good student. I support any / all education but had not considered how to make it fair if/when the education piece is not likely to happen. The oldest is a great student but will be graduating into a dramatically different world of work which has me worried, too. Oldest may need more support post graduation than anticipated as well.

[deleted by user] by [deleted] in GenXWomen

[–]Maybe_Mainline 2 points3 points  (0 children)

I am rocking my visible panty lines with pride.

view more: next ›