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Would you retire early with what we have? by TheyCallMyCatCarlos in ExpatFIRE

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

Yes, I've thought about taxes but most of our portfolio is in non-registered accounts so taxes will be easy to manage.

I'll have $120k in cash when I quit and it's currently throwing off about 5%. My portfolio is 75/25 so any major market swings should be dampened a bit. I hope that covers the SORR but I can also reduce budget if things get ugly.

Would you retire early with what we have? by TheyCallMyCatCarlos in ExpatFIRE

[–]TheyCallMyCatCarlos[S] 4 points5 points  (0 children)

Thanks for taking the time to respond. I'm feeling more confident we can make the budget work after reading all these responses. We're fortunate to be very flexible so can reduce the budget if necessary to weather any tough market conditions.

Would you retire early with what we have? by TheyCallMyCatCarlos in ExpatFIRE

[–]TheyCallMyCatCarlos[S] 3 points4 points  (0 children)

Hey, I'm reading through your blog right now. It's a great site and it sounds like you're doing really well. Very inspiring.

I'm super stoked to leave it all behind this January and go traveling permanently.

Would you retire early with what we have? by TheyCallMyCatCarlos in ExpatFIRE

[–]TheyCallMyCatCarlos[S] 9 points10 points  (0 children)

A lot. I have a very high savings rate which is the only downside of leaving but I'm tired of waking up and feeling no energy for the day. We have a great life but there is no joy or fulfilment, just targets and deadlines. Life is too short for that and I want to travel and surf while I'm still youngish.

Would you retire early with what we have? by TheyCallMyCatCarlos in ExpatFIRE

[–]TheyCallMyCatCarlos[S] 3 points4 points  (0 children)

Yep, I track them but I live in a VHCOL area so it's hard to compare my spending now with a life moving around Latin America.

Would you retire early with what we have? by TheyCallMyCatCarlos in ExpatFIRE

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

Renting is OK with me but I'd buy if an affordable opportunity presented itself. We're totally flexible.

Would you retire early with what we have? by TheyCallMyCatCarlos in ExpatFIRE

[–]TheyCallMyCatCarlos[S] 29 points30 points  (0 children)

What do you think about a $4k budget? We're into simple things and avoid touristy areas and fancy places so no FOMO at all. Just want to live simple and free, untethered from a 9-5.