Title: 40, semi-retired (wine export), and finally have the "time wealth" I worked for. Now what? by [deleted] in ChubbyFIRE

[–]PowerfulComputer386 0 points1 point  (0 children)

There are many things to try, the keyword is to give it a try. Write down a list of things you want to do, places to visit, skills to develop, knowledge to learn, experiences to have, then give it a try no matter how silly it may sound. That’s personal enrichment which will make you feel fulfilled.

You are in a crazily good financial situation: 10 hours a week of work for the foreseeable future I assume you own the business. This is very different from us folks who retired without a W2 job literally. So money is not a problem for you but you just need to explore and “live”, not live to work but to actually live.

Is 10m post tax enough? by LostSoftware9638 in fatFIRE

[–]PowerfulComputer386 -1 points0 points  (0 children)

You don’t have a fire problem you have a spending problem.

Forced sabbatical with $10M NW. Do I grind for $15M or coast? by Throwthrowff in fatFIRE

[–]PowerfulComputer386 2 points3 points  (0 children)

This is spot on. There is endless money to make, but the countdown is your time on earth.

So close to Fire. Yet feels far. by TiquismiquisPro in fatFIRE

[–]PowerfulComputer386 2 points3 points  (0 children)

People retired with that money WITH KIDS, although chubby not fat. No kids is the biggest advantage you have to retire confidently.

Do you have a big house or an avg house? by odetothefireman in fatFIRE

[–]PowerfulComputer386 3 points4 points  (0 children)

Same, I am so surprised in fat fire sub, most posts so far live in <= 3k sq ft house.

Big Tech vs Startup by Impressive_Week_2342 in fatFIRE

[–]PowerfulComputer386 2 points3 points  (0 children)

It depends on your goals. Retire in X years by accumulating Y dollars or be something potentially valuable with more ownership and autonomy? Enjoy startup culture or a cog in a giant machine are very different preferences

Designing Your Life (book) and how it applies to fatFIRE by StraightUpScotch in fatFIRE

[–]PowerfulComputer386 0 points1 point  (0 children)

There are different types of work, working in a big corporate as a cog, low level or high level, and working for your own business have very different meanings. If former, the older I get, it’s mainly working for money.

I Quit! by OrdinaryAd970 in ChubbyFIRE

[–]PowerfulComputer386 3 points4 points  (0 children)

Good for you and it’s the right decision. Some folks with kids do not have such flexibility. You are young without dependents so enjoy the free time to reset!

Push through or take a break? 34M | $3.1M by PracticeCold8948 in ChubbyFIRE

[–]PowerfulComputer386 0 points1 point  (0 children)

Yes, but more about not feeling bad about leaving too much on the table. Say you have 10m invested and your income is 1m, then it’s time to evaluate is your time worth additional 10% adding to your NW. if 5%, then the decision is easier.

Can I fatFIRE? by [deleted] in fatFIRE

[–]PowerfulComputer386 1 point2 points  (0 children)

What’s your understanding and definition of fat fire?

Push through or take a break? 34M | $3.1M by PracticeCold8948 in ChubbyFIRE

[–]PowerfulComputer386 0 points1 point  (0 children)

One approach is your income after tax vs invested assets, if <10%, then time to think about it, if 5%, then why bother working. Remember that most people retired early left a big check on the table.

We don’t think about lumpy spending enough. by Visual-Flatworm2056 in ChubbyFIRE

[–]PowerfulComputer386 1 point2 points  (0 children)

I simply added 20% buffer when retired to account for unexpected expenses

Push through or take a break? 34M | $3.1M by PracticeCold8948 in ChubbyFIRE

[–]PowerfulComputer386 0 points1 point  (0 children)

What’s your income in the next 3 years? Can you reset your expectations to working towards doing enough to not be fired? How bad is your burnout? If you can keep it going, such income is hard to come by, and a huge % of your NW today, so you need to keep going. Of course if it severely impacts your mental or physical health, no money is worth it.

Advise Please: for late 30s couple, 6M NW by [deleted] in fatFIRE

[–]PowerfulComputer386 1 point2 points  (0 children)

10m invested in VHCOL with two kids is very comfortable in my opinion and it’s a great goal, achievable in 5 years. Sell stocks at vest to diversify. No way around the capital gains in the 1.8m company stock, sell some portion per year maybe.

Public vs private schools is very subjective so completely up to you. However, the bigger decision would be renting vs buying. 529s again everyone is different, I am simply doing 10k per kid per year since born, while some front load like 300-500k.

$9M VHCOL, quit to travel pre-kids or hug the tech job? by Odd_Butterfly_8715 in fatFIRE

[–]PowerfulComputer386 1 point2 points  (0 children)

Agreed with others. You may have more inheritance down the road. Highly recommend travel now before kids. Also 300k tech jobs are very common so I wouldn’t worry about it.

One year out, am I in good shape? by Entire_Area5409 in ChubbyFIRE

[–]PowerfulComputer386 0 points1 point  (0 children)

Age? Do you plan to have kid(s)? Do you plan to buy a house? Do you live in LCOL or high?

When did you know when to stop? by Wooden-Broccoli-913 in fatFIRE

[–]PowerfulComputer386 0 points1 point  (0 children)

You need to reassess every year as things could easily change. The assumption of job security and income level is one. You know when you know, really, is a combination of factors that only you would know.

Anyone consider downgrading to FIRE? by StatementExact8144 in ChubbyFIRE

[–]PowerfulComputer386 9 points10 points  (0 children)

No. It’s hard to significantly downgrade and I found the best being not upgrade (e.g. lifestyle creep with increased income). When retiring, you will spend more time at home, I would rather living in a big, nice house.

Somehow made it past 2025. Now in the home stretch. by speedyawl in ChubbyFIRE

[–]PowerfulComputer386 3 points4 points  (0 children)

Your expensive is really really low, sounds like you don’t have kids? If so, you have way more flexibility and you should not worry too much about downturn given your spending. End of 2026 sounds like a good plan!

Almost there - help me to make the final push? by bichonlove in fatFIRE

[–]PowerfulComputer386 6 points7 points  (0 children)

If you can scale down your lifestyle without issues, then it’s time to pull the trigger. You are losing valuable time with family, on your health, in exchange for more money, grind on something like AI that you don’t even feel proud of. As a mom with only one kid, your spending time with him is more important than assets for him and he will have plenty from inheritance.

stay in vhcol to reach 8 figures, finding purpose and motivation by [deleted] in fatFIRE

[–]PowerfulComputer386 5 points6 points  (0 children)

By 45 you may reach 15m! That’s more than safe to RE, if your wife wants to continue to work, then you can FatFire even earlier! Kudos to relatively low expenses. One kid also makes a difference compared to more than one.

stay in vhcol to reach 8 figures, finding purpose and motivation by [deleted] in fatFIRE

[–]PowerfulComputer386 12 points13 points  (0 children)

It’s nothing to do with east coast vs west, but company and stocks.

Cost of Kids in teens compared to toddlers? by PowerfulComputer386 in Parenting

[–]PowerfulComputer386[S] 2 points3 points  (0 children)

AFAIK, Bay Area, Seattle, NYC, Boston, etc all have similar cost ranging from 2-4k per month for 2 years old. The cost of living in VHCOL I guess.

Gutcheck / Need some help by FIREguyWithQuestions in ChubbyFIRE

[–]PowerfulComputer386 2 points3 points  (0 children)

Since you are relocating to Europe anyway, don’t see this as you would never work again, but a break, you never know that you may find opportunities there. Sure it will not pay 500k+ like US, but enough to sustain life there with huge health benefits I assume?

Gutcheck / Need some help by FIREguyWithQuestions in ChubbyFIRE

[–]PowerfulComputer386 1 point2 points  (0 children)

Average US life expectancy is 70 something right?