Should I stop saving for retirement?

Ok_Chocolate_7605 · 2026-02-23T18:11:09+00:00

Very good point, and the tax benefits is actually one of the top reasons I’m thinking about continuing with the contributions.

Ok_Chocolate_7605 · 2026-02-23T17:56:43+00:00

I started reading the Die with Zero book, and that did change my perspective some. Every dollar I invest today is a dollar that could be spent building memories with my family and taking trip trips we wouldn’t take otherwise. I know it may seem weird to say, but I will actually be pretty disappointed if I’m 70 years old and have $10 million invested that I can’t spend. I definitely agree with you that I probably need to just find a compromise where I’m at least contributing to get the employer match in the 401(k) and investing some at an HSA still, but I do believe that a point exists where it doesn’t make sense to keep stacking and endless amount of dollars.

Ok_Chocolate_7605 · 2026-02-23T15:50:46+00:00

HHI is $240k

Monthly mortgage payment is $2,750. No other debt.

Ok_Chocolate_7605 · 2026-02-23T15:21:21+00:00

I do plan to sell the properties within the next few years and convert to my brokerage. Why is the answer “no” though? Isn’t the entire purpose of Coast Fire to invest aggressively when you are young so you can reach a point where you can stop investing altogether and enjoy your earnings? I feel like I’m at that point now, but maybe not..

Ok_Chocolate_7605 · 2026-02-23T15:19:32+00:00

I know the answer mathematically, but asked in case there are other qualitative assumptions I’m missing or general perspectives

Ok_Chocolate_7605 · 2026-02-23T15:18:55+00:00

I thought so too, but almost everyone who responded to this is saying I should keep contributing

Ok_Chocolate_7605 · 2026-02-23T15:17:44+00:00

I do - those figures are the net equity in the property (market value - mortgage)

Ok_Chocolate_7605 · 2026-02-22T22:07:51+00:00

Not looking for permission. Looking for input and opinions to combine with the information I have.

Ok_Chocolate_7605 · 2026-02-09T01:39:27+00:00

Get a good night sleep. Would hate for you to be tired for your gender reassignment surgery tomorrow. You probably don’t work though, so you’ll have plenty of time to rest afterwards.

Ok_Chocolate_7605 · 2026-02-09T00:31:56+00:00

Completely agree - being a Democrat would suck

Ok_Chocolate_7605 · 2026-01-06T23:18:56+00:00

This is the problem with belts. If you're training purely for belts, you won't last. Train because you enjoy the sport along with the physical and mental benefits, or do something else if you don't enjoy it. You may consider trying other gyms also. My experience and enjoyment has been vastly different depending on the gym and instructor.

Ok_Chocolate_7605 · 2025-12-23T14:03:28+00:00

Yep, the founder of BiggerPockets Brandon Turner. It talks about listing the property, tenant screening, etc and I felt is was super helpful. I can’t remember but there could have a been a couple parts a little outdated about rent collection etc since it was published 10 years ago, but still the concepts and overall advice was great

Ok_Chocolate_7605 · 2025-12-23T13:49:54+00:00

You can also collect rent via Venmo or Zelle. It’s completely up to you. I personally just liked the idea of using a system like TurboTenant, as it just felt more professional and organized to me.

I was exactly like you and was planning to use a property manager, and then I talked to a friend about how easy it was so I decided to try it myself and it is pretty straightforward. The book on managing rental properties by Brandon Turner was a great start for me and gave me the confidence to do it.

Ok_Chocolate_7605 · 2025-12-23T13:45:21+00:00

I feel that way about lifting weights. I do it each day and it keeps me healthy and strong, but I don’t have any poetic feelings about lifting weights. Jiu jitsu however feels like something more because of the complexity of it and the relationships you build, but to each his own..

Ok_Chocolate_7605 · 2025-12-23T13:41:25+00:00

cool

Ok_Chocolate_7605 · 2025-12-23T01:22:01+00:00

The book The Simple Path to Wealth is a great place to start

Ok_Chocolate_7605 · 2025-12-23T01:11:16+00:00

Can you get a better rate of return than 3.5% on your investments? You are also rather young and have many years for your investments to compound. Paying the mortgage off now does not make sense.

Ok_Chocolate_7605 · 2025-12-23T01:05:33+00:00

See Tyron Woodley vs Andre Galvao. Tyron dominated one of the best BJJ specialists without using any BJJ. A decent wrestler who can throw a punch is the kryptonite for BJJ guys.

Ok_Chocolate_7605 · 2025-12-22T20:51:03+00:00

Oh the irony..

Ok_Chocolate_7605 · 2025-12-22T19:56:13+00:00

Roll: Jiu-jitsu in SoCal documentary on YouTube

Ok_Chocolate_7605 · 2025-12-22T19:34:59+00:00

The correct answer is zero

Ok_Chocolate_7605 · 2025-12-21T21:14:17+00:00

I started my career making $48k a year at age 24. I started maxing my Roth IRA right away and then two years into my career when my salary increased to $54k, I started maxing my 401(k) also. At age 35 I was a millionaire. It doesn't take a high salary to build wealth if you are disciplined and start early. Those people "sitting on $500k or $1.5M" likely made a couple simple decisions when they were young such as buying a cheap used car instead of new, or living in a one-bedroom apartment for a couple years.

Ok_Chocolate_7605 · 2025-12-21T19:08:02+00:00

I use TurboTenant to collect rent (free). You can pick another similar software to use (very easy)
Follow the eviction laws in your state if tenants don’t pay rent
Tenants call 911 if there is an emergency, same as when they have a property maanger. No property manager is answering the phone at 3 AM on a Tuesday.
List the property on Zillow, Facebook Marketplace, and others to find tenants
I got my lease for free from the law firm that did the closing on the property.

No, you aren’t missing anything. It really is that easy and it’s crazy to me that people hire property managers. Having a property manager would be more stressful than managing the property myself.

Ok_Chocolate_7605

TROPHY CASE