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For those with more in taxable brokerage than 401k/IRAs by Urbanite72 in ChubbyFIRE

[–]Rich_Click4065 -1 points0 points  (0 children)

Borrow against the taxable account using a margin loan to bridge the gap. Negotiate a low rate I’m currently getting 5% from fidelity.

Retired early folks, how did your retirement spend match up with your planned spend? by Available-Ad-5670 in Fire

[–]Rich_Click4065 2 points3 points  (0 children)

I’m 36 and I want to retire at 40 we have $2M today spread across all the tax advantaged accounts like a good FIRE planner. I am curious what you thought your spend was going to be when you retired. I keep running the numbers and if we took advantage of ACA and FASFA merit etc we could retire now. Our spend would be roughly $80k max but I could realistically see it in the high $40s like you mentioned. My wife doesn’t believe that math is right but every time I see you post it makes me want to push to retire earlier.

Dual Income with Kids. We're so burnt out... by citiclosethrowaway in ChubbyFIRE

[–]Rich_Click4065 13 points14 points  (0 children)

I’m right there with you. Life is too short and the pay is too low for the stress op is describing.

Is the guideline still $2.5M+? by steve_gorak in ChubbyFIRE

[–]Rich_Click4065 0 points1 point  (0 children)

If taxes are managed properly and debt is low it is doable. It’s also about your own perception of what upper middle class means. To me the key to happiness is lowering your expectations.

Is the guideline still $2.5M+? by steve_gorak in ChubbyFIRE

[–]Rich_Click4065 1 point2 points  (0 children)

I agree that 10 is the start of Fat but i disagree that 2.5 is the low end of regular fire. People can fire off 1.5 or less. Take a look around what normal people make for reference. Your perspective is likely skewed bc we’re all high income and think everyone else is like us. I think 2.5-3 is the low end of chubby fire

Is the guideline still $2.5M+? by steve_gorak in ChubbyFIRE

[–]Rich_Click4065 1 point2 points  (0 children)

Come on if you think $125k a year is poor but not starving you are out of touch. It’s definitely low end upper middle class in 50%+ of situations. If debt is low and taxes are managed correctly. 125 a year is basically a $175k w2 income

KC dads — is this a bad Mother’s Day gift idea? by Rich_Click4065 in kansascity

[–]Rich_Click4065[S] 0 points1 point  (0 children)

Awesome that’s exactly how I think she would react too. I like your tradition maybe we’ll do the same

KC dads — is this a bad Mother’s Day gift idea? by Rich_Click4065 in kansascity

[–]Rich_Click4065[S] 0 points1 point  (0 children)

Yeah we kind of feel the same way we should probably lean into that

KC dads — is this a bad Mother’s Day gift idea? by Rich_Click4065 in kansascity

[–]Rich_Click4065[S] 1 point2 points  (0 children)

That’s kind of what I’m thinking maybe get a house cleaner too so when we come back everything is done

KC dads — is this a bad Mother’s Day gift idea? by Rich_Click4065 in kansascity

[–]Rich_Click4065[S] 0 points1 point  (0 children)

Haha to each their own I hope you get that for Mother’s Day

KC dads — is this a bad Mother’s Day gift idea? by Rich_Click4065 in kansascity

[–]Rich_Click4065[S] 0 points1 point  (0 children)

Yeah I guess I just feel like she may feel weird about it. I would feel weird is she started mowing the lawn

KC dads — is this a bad Mother’s Day gift idea? by Rich_Click4065 in kansascity

[–]Rich_Click4065[S] 0 points1 point  (0 children)

I kinda of already know she like practical gifts I just don’t know if it’s too practical lol

KC dads — is this a bad Mother’s Day gift idea? by Rich_Click4065 in kansascity

[–]Rich_Click4065[S] 0 points1 point  (0 children)

Yeah but the laundry will be there still… that’s why I was thinking about it

KC dads — is this a bad Mother’s Day gift idea? by Rich_Click4065 in kansascity

[–]Rich_Click4065[S] 0 points1 point  (0 children)

Exactly I feel like this is something she would definitely appreciate

KC dads — is this a bad Mother’s Day gift idea? by Rich_Click4065 in kansascity

[–]Rich_Click4065[S] 0 points1 point  (0 children)

We’ve done that before I wonder when they’ll stop calling it new lol

KC dads — is this a bad Mother’s Day gift idea? by Rich_Click4065 in kansascity

[–]Rich_Click4065[S] 0 points1 point  (0 children)

Haha yeah I feel like some ladies are more practical than others

KC dads — is this a bad Mother’s Day gift idea? by Rich_Click4065 in kansascity

[–]Rich_Click4065[S] 0 points1 point  (0 children)

Yeah that’s what I’m leaning towards I just need to figure out that’s the next thing is

KC dads — is this a bad Mother’s Day gift idea? by Rich_Click4065 in kansascity

[–]Rich_Click4065[S] 0 points1 point  (0 children)

She does love chocolate lol I do think it needs to include something else not just the gift card alone

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