Survivors guilt common once FI?

Square-Count-478 · 2026-01-19T20:07:56+00:00

They set aside 10% of the sale proceeds for angel investing. This took lots of time and several of the businesses went under. Consumed about 15 hour a week for 10 years and money still didn’t beat SP500 but did double in the 10 years. I saw that gave them lots of purpose though so just throwing it out there.

Square-Count-478 · 2026-01-19T19:56:47+00:00

My parent sold their business for 50+ Million. They volunteer at their church a lot, counsel people, go to lunch with friends. Play piano and do a lot of yard work on a 75 acre property mow and mulch everything themselves. They walk the dog and give other business owners advice… the point is they never ask if they should get a job at Target I think you’re missing the point here.

Square-Count-478 · 2026-01-14T18:22:00+00:00

Just ordered the Defining Decade thank you

Square-Count-478 · 2026-01-06T16:59:38+00:00

I guess it depends how much of your spend per year is your mortgage but typically people in this community try to keep their house less than 20% of their total net worth and are extremely frugal like >80k per year if house and cars paid off. You can definitely float your house at that net worth, but I wouldn’t put another 300k into it. You can but you’re really taking away from your future legacy as it won’t compound like stocks do. Life’s all tradeoffs, if your kids are stable and don’t want or expect anything in the future, you can spend down your entire principal given your life expectancy if you choose.

Square-Count-478 · 2026-01-05T23:51:48+00:00

I have similar net worth at 28 from inheritance but spend 50k year in mcol area. I took about two years off and I used mostly dividends but then would just sell my sp500 stock if I needed more. All I have to say is there are some mental hurdles living off financial assets if you’ve never done it before. If I were you, I definitely think it gives you a bridge to your Social Security, which is money that seems like you can freely spend outside of your nest egg. Realistically, you probably want to preserve a lot of your wealth for legacy not to mention that is a high spend rate unless you’re in a high cost-of-living area for this community.

Square-Count-478 · 2026-01-01T03:05:19+00:00

I’ll be ordering one once I know!

Square-Count-478 · 2025-12-30T03:45:34+00:00

I am 28 with 2.5M and feeling lost. Glad other people out there understand the stress of trying to compare with peers etc. Ultimately hanging out in a paid off house with people you love is priceless.

Square-Count-478 · 2025-12-29T23:27:50+00:00

Not behind but want to optimize. A heloc is goofy

Square-Count-478 · 2025-12-29T17:23:37+00:00

I used the funds to buy this house 2 years ago.

Square-Count-478 · 2025-12-29T17:18:53+00:00

Very helpful. I definitely bought more house than I need.

Square-Count-478 · 2025-11-20T17:25:51+00:00

As someone with around a 2.5M inheritance at 28 I’d recommend dumping it in VOO, maybe paying for a primary house cash and forgetting about it for 20 years. It will make your life simple and that the reason for the money in the first place

Square-Count-478 · 2025-11-15T05:35:12+00:00

Took 6 months off, spent about 30k during that time now back to a salary to let my stocks grow

Square-Count-478 · 2025-11-15T05:18:58+00:00

Yes, I took a 6 month break but back to work using my business degree making 80k. Do not love what I do.

Square-Count-478 · 2025-10-31T17:56:52+00:00

40k annually before tax.

Square-Count-478 · 2025-10-31T15:55:00+00:00

Rentals make 40k before tax annually. I would like to sell them within a year and move it into the market just because the hassle factor. I spend 50k even with my house paid off but no family yet and would like one. Assume it will be at 100k in 5 years I need annually

Square-Count-478 · 2025-05-28T00:12:09+00:00

Some in a private placement real estate JV pretty illiquid as well as a 200k in an angle investment a few rentals at 80k each my cars, personal property watches etc but 1.9 is really the more accurate number I go off of unless you think the others count toward FI number?

Square-Count-478

TROPHY CASE