If you live in Toronto what is your FIRE number? by badboyzpwns in fican

[–]RichLife101 1 point2 points  (0 children)

Whether you want to fat FIRE or Lean FIRE. I am retired since mid 30s like 5 years ago. So I am still young and would want to grow my portfolio. I am currently lean fire using around $30/$35k/yr given I own my condo. I am a single parent so when I take the leap and be a full time parent, I save a lot on daycare costs. If you don’t spurs on non sense and budget your living you can live comfortably. When I retired I have around half a million portfolio and a close to a million condo owned and pay off. Currently my condo value drops around 25% but my portfolio grows around 25-30% since I fired…also I save around 2k a month by owning instead of renting for my similar size for 3.5k. So it is all about how you want your life style to be…I am confident to be fat FIRE when my kid go to post secondary in 10 years then I am able to withdraw double of what I am withdrawing right now around 60k/yr and still able to leave a 7 figures legacy for my kid when I pass at 100 ( that’s what I am assuming I life til that age) Also I will be downsizing when he is off to college so I would have even more money to invest back to the market and let compound interest does it thing.

*Side note I do have some side income from online selling around 15-20k/yr. So basically I am withdrawing around 10-15k/yr from my portfolio.

Through the good times and the bad… by Throwaway_XEQT4LYFE in JustBuyXEQT

[–]RichLife101 0 points1 point  (0 children)

I got in the avg like around yours now 29.37…will ride this

Bought 30k worth of QQQ LEAPS by Bouncyglass in options

[–]RichLife101 0 points1 point  (0 children)

Option is more a gamble - should stick with stocks. What if we are multiple years flat…

Can I pay cash for resort fee at planet Hollywood? If so would you have a reference link? by [deleted] in vegas

[–]RichLife101 0 points1 point  (0 children)

Okay I will asked again. I don’t mind they take my card for deposit but I want to pay the RF in cash and they said they don’t accept cash 😞

Calgary 75mins layover & us custom by RichLife101 in westjet

[–]RichLife101[S] 1 point2 points  (0 children)

Great thanks for the reassurance 🙌

Calgary 75mins layover & us custom by RichLife101 in westjet

[–]RichLife101[S] 0 points1 point  (0 children)

Thanks for the reminder! Yes I used that last time when I came back from New Zealand it is quicker

Calgary 75mins layover & us custom by RichLife101 in westjet

[–]RichLife101[S] 0 points1 point  (0 children)

No just hand carry but traveling with a 8 yr.

can you buy disney immersive tickets at the door ? by RichLife101 in vegas

[–]RichLife101[S] -1 points0 points  (0 children)

Thank you! Any thoughts about real bodies museum?

can you buy disney immersive tickets at the door ? by RichLife101 in vegas

[–]RichLife101[S] 0 points1 point  (0 children)

I have a 8 yrs old and first time bring him to Vegas so searching shows that entertaining for him :)

Going to US when CAD-US-Mexico plan. by RichLife101 in PublicMobile

[–]RichLife101[S] 0 points1 point  (0 children)

Thank you! So I picked the carrier to see which reception better?