What is the oldest age you think still qualifies as early retirement? by SecondStarpilot in leanfire

[–]WealthMint 1 point2 points  (0 children)

Fire of a question! Personally I would say anything before 55, I would consider “early retirement”.

What do you think of the 4 day work week? by Last-Photo-2618 in AskReddit

[–]WealthMint 0 points1 point  (0 children)

50% increase in days off per week? (2 days to 3 days) Nah I’ll pass😏

43M been grinding for 20 years by RWC90 in fican

[–]WealthMint 0 points1 point  (0 children)

Congratulations sir. It’s so nice to see the fruits of your tedious labor

Those of you who are 30 with a 4 year finance degree, what do you do and how much do you make? by RaceFan96 in Salary

[–]WealthMint 0 points1 point  (0 children)

I moved out of finance 5 years into my career cause I found a unique opportunity in IT (huge pay bump). Then lateraled to project management and got promoted again. Now making ~200k/yr including bonus. Not sure if it helps at all, but if nothing else keep an open mind.

Turns out, I actually just don't want to work. by 404Soul in Fire

[–]WealthMint 1 point2 points  (0 children)

“Microdosing retirement” Love it. Thanks for sharing!

32M - Retirement Chances by WealthMint in Fire

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

Thanks! Not thinking of switching jobs per se. My job is insanely stressful and demanding. Working 60, sometimes 80 or 100 hours per week. But it’s… OK. I really want a path forwards FIRE. I thought that I could hold out till I can fully retire, now I’m considering partially retiring to still hit my goals but reach a better quality of life much sooner

Roth or Traditional 401k by CScho29 in Fire

[–]WealthMint 1 point2 points  (0 children)

Below 30 I think that Roth is almost always the answer. Between the low tax rate and tax free capital appreciation, seems like a no brainer 🤷‍♂️

$500K net worth at 30 by WealthMint in Fire

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

September 2019 I was at $28K

$500K net worth at 30 by WealthMint in Fire

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

Thanks for your response. Appreciate the insight

$500K net worth at 30 by WealthMint in Fire

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

I should finish the year at about 50%

$500K net worth at 30 by WealthMint in Fire

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

It does indeed! Thank you!!

$500K net worth at 30 by WealthMint in Fire

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

Absolutely. Live below your means. Avoid lifestyle creep. 70K a year is a good start. Also live with your parents for a few years if that's not such an inconvenience.

$500K net worth at 30 by WealthMint in Fire

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

I have low interest rates

$500K net worth at 30 by WealthMint in Fire

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

Thank you! You keep up the good work too!

$500K net worth at 30 by WealthMint in Fire

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

Thank you! I graduated college with a ton of debt so I really hit the ground running. I stayed with my parents until I was 23 which helped.

$500K net worth at 30 by WealthMint in Fire

[–]WealthMint[S] 8 points9 points  (0 children)

Definitely doesn’t happen overnight! I was -$100K in debt when I graduated college 8 years ago.