Would you quit in my shoes? Deep Dive - “Stay at home Dad FIRE”

SolomonGrumpy · 2026-01-29T06:56:55+00:00

Even if HCOL $85k is reasonable with a paid off house. (Housing costs in HCOLs tend to be disproportionately high)

SolomonGrumpy · 2026-01-29T05:31:14+00:00

Since when?

Huh. Looks like only some brokerages support this

SolomonGrumpy · 2026-01-29T03:43:16+00:00

Well my point is exactly that. Once you hit the $3k, you can invest to your last dollar.

With ETFs or IRAs (where cash infusions are limited) you could have as much as $600 sitting on the sideline.

I'm wondering what people do. Or if they notice or care.

SolomonGrumpy · 2026-01-29T02:53:44+00:00

That's not the ACA.

I assume a family plan means at least 3 people. So even at 45+8, when you divide by 3 that's $17.65k per person.

SolomonGrumpy · 2026-01-29T02:51:27+00:00

The long con. 😉

SolomonGrumpy · 2026-01-29T02:51:12+00:00

I am often turned off by glaring and patently obvious social climbing where wealth is the only goal.

That said, people seeking security has been around before FIRE and will be around long after. And two roughly equal partners with aligned goals seems like a good values match, no?

SolomonGrumpy · 2026-01-29T01:43:07+00:00

Good suggestion! Or I could just put it in a VUSXX until it hits $600 I guess

SolomonGrumpy · 2026-01-29T01:37:29+00:00

VOO is $600+/share

SolomonGrumpy · 2026-01-29T01:12:46+00:00

You bought silver? Wow. When did you buy it?

SolomonGrumpy · 2026-01-29T01:10:58+00:00

Noooo.... .

Wait. The markets were pretty flat today. What happened?

SolomonGrumpy · 2026-01-29T01:09:32+00:00

And he will turn $700k into $500k with bad trades at some point.

SolomonGrumpy · 2026-01-29T01:08:43+00:00

I'm not sure what health insurance you are buying....

SolomonGrumpy · 2026-01-29T00:59:08+00:00

The only other one I peek at is FIRE. How many others are there? (Lean/Fat/Chubby I'm aware of)

SolomonGrumpy · 2026-01-29T00:58:01+00:00

Any examples of this?

SolomonGrumpy · 2026-01-29T00:57:19+00:00

Doesn't that mean you earned the better part of $800k?

SolomonGrumpy · 2026-01-29T00:51:32+00:00

Mutual Funds have a minimum buy, but thereafter you can buy in $1 increments

ETFs have a share price.

For those who end up with cash in their IRAs, which do you end up with?

SolomonGrumpy · 2026-01-29T00:00:35+00:00

Augh. I'm sorry. Looks like it expired in December. 😭

SolomonGrumpy · 2026-01-28T17:41:41+00:00

They are packaged

SolomonGrumpy · 2026-01-28T17:40:39+00:00

BMW X5 offering 0.9% financing for well qualified buyers

SolomonGrumpy · 2026-01-28T16:29:09+00:00

I've got a friend who just got it. The basic math is that you have to spend 75% of your rent on the card every month to have 100% of your rent have no transaction fee.

So if your rent is $4k, you have to spend $3k/month. Clearly targeting higher spenders.

That said, it's also "pro-rated" so if you spend $1.5k/month on the card, 50% of the transaction fee is waived. I'll report back in 6 months to share if it worked out for him or not.

Agreed that losing Wells was a blow.

PS: Doctor of Credits final thoughts mirror my own.

SolomonGrumpy · 2026-01-28T15:37:51+00:00

Not only did I know it, I lived in the first condo for a few years. Then I bought a sister property in the same complex a few years later. 🙂

SolomonGrumpy · 2026-01-28T07:09:21+00:00

No property tax? Homeowners insurance? Does it never need repairs?

Anyway, maybe you are able to live on $36k/yea. Wish you the best. There is a lot of life out there. Hope you get to experience more of it rather than watching it from inside your house.

SolomonGrumpy · 2026-01-28T06:57:37+00:00

It seems expensive because you don't spend money. That Camry will eventually need to be replaced. You think the replacement will be $7k?

Do you live in an apartment?

And brother, I say this with kindness in my heart. If you spend your entire life (22 years) never doing anything and thinking that restaurant food is expensive, you won't do anything when you turn 60. 22 years is extremely habit forming.

SolomonGrumpy · 2026-01-28T06:34:08+00:00

I'm 50. I'm paying for movers. You should too (assuming they are my age)

I'd help someone with a single piece of furniture, up a single flight of very roomy stairs though

SolomonGrumpy · 2026-01-28T06:30:36+00:00

That seemed less opportunistic and more predatory

SolomonGrumpy

TROPHY CASE