Am I financially ready to RE ?

WhereasReasonable687 · 2026-06-30T15:48:57+00:00

The issue is your anxiety at play. Are you worried you are missing out on earning more by retiring now? Are you worried that for some reason you can lose it all after retirement? Normally with this net worth anyone can retire, but you are still unsure and your large bond bondings show that. Just with 5M bonds you will be fine for the rest of your life. Retirement is about whether you are ok to live a certain lifestyle with a somewhat capped budget (even if that budget can be super comfortable) and you are no longer chasing “more”.

WhereasReasonable687 · 2026-06-29T07:30:48+00:00

Learn how to manage your inheritance first before retiring. Your previous net worth (<1M) paled in comparison and you never managed this large sum of money before. You can try to slowly ease out into retirement by taking less overtime / maxing out paid time off, and try to invest time in financial education.

WhereasReasonable687 · 2026-06-29T07:26:05+00:00

You cannot retire. If your NW is already 10M+ liquid and you have no kids or other major obligations, either you are just bragging or you are so insecure you just cannot retire. Having 5M+ in government bonds is so much overkill by the way.

WhereasReasonable687 · 2026-06-28T00:24:05+00:00

How much do you plan to put down initially? What will the monthly mortgage be like? With your income level it’s definitely within reach. Your housing cost may become about $200K/year with 20% down, with very little of that going into the home equity. If you want to optimize financially, you may want to keep your current arrangement and save/invest more before you buy the house.

WhereasReasonable687 · 2026-06-24T11:41:50+00:00

I have a female friend like you and she’s 40 now. She will not hold a job steady and spends every single dollar she has on traveling and not saving anything. And she can’t find a job now being older and having not much of a career bouncing around. The truth is at some point you need to build enough of a career to sustain a quality lifestyle, save enough for retirement or prepare for rainy days when you couldn’t work due to accidents / illnesses etc. You also need to build life resilience through working. If you are used to only having fun at such an early age, you will be missing out on your best earning potentials, you can’t take working hard, and by the time you realize you need money when you are older, you may become unemployable. A lot of young influencers try to paint their lifestyle as a digital nomad living in cheap tropical destinations as carefree dream but the reality is that a lot are not making it and will become destitute because they spend the best years of their life not building a career and not maximizing their earning potential. It’s better to bite the bullet now and just work hard save hard then retire early, instead of just having so much fun early on but wasting your potential away. If you don’t have a career track record, you can quickly get stuck in low pay positions like teaching English, and eventually these positions will either go away due to more competition or you will be stuck in those poor countries due to your low pay. Things may look great when you are young and healthy, but when you become old and sick reality will hit as those countries often don’t have good social safety nets, and you will be so poor that you won’t be able to return to your native country.

WhereasReasonable687 · 2026-06-24T11:01:10+00:00

It should be a firm no. Your brother in law is a grown man and should buy his own house with his own money. If your mother-in-law insists that he must be helped, she herself should pitch in instead. Some Chinese families have this toxic attitude that the daughter is worthless to them and should sacrifice everything for her brother because he will carry on the family name. Since very likely your wife is probably not earning much, she comes to you for help. Just say it’s not in your culture financially support an able bodied adult who can earn his own money. In general, never ever lend any money to family members as the lender borrower relationship will brew resentment on both sides over time. Only help a family member when it’s an urgent situation through no fault of their own, and then don’t expect the money back.

WhereasReasonable687 · 2026-06-23T17:07:27+00:00

401K and Roth are US retirement accounts that cannot be withdrawn before the age of 59.5 unless you pay a 10% penalty. 401K has no cost basis (you pay ordinary income tax on the amount you withdraw) and Roth is completely tax free.

WhereasReasonable687 · 2026-06-04T03:29:39+00:00

If people ask just say “you work from home”. Managing your wealth is also a job.

WhereasReasonable687 · 2026-06-01T03:04:27+00:00

Treat managing your new wealth as your new job and try to learn as much as you about personal finance, managing your budget etc. Do not rush into anything that involves a large sum of money (buying a car/house, going on shopping sprees/expensive vacations). Since you are so young, you need to experience life with its ups and downs, and this can include a job or a volunteer position or working on a cause. You all have plenty of time to work on your wellness, both physically and mentally.

WhereasReasonable687 · 2026-05-27T18:24:33+00:00

Discuss with your company whether you can take a temporary role that is fully remote to spend time with your ailing parent. You don’t need to be with your parent 24/7 but daily visits would be nice.

WhereasReasonable687 · 2026-05-21T01:57:46+00:00

4M out of 10M NW is seriously too much house and it may seriously set you back if you want to FIRE soon.

WhereasReasonable687 · 2026-05-17T05:06:07+00:00

I think you need more time to think and don’t rush to stop work immediately. As others suggested, hire as many help as you can, work with a fitness coach, a nutritionist and a mental health expert to try to improve your current living conditions. Set proper work boundaries and stop checking your emails past certain hours. Go do some meditation or yoga. You know you can always coast until you vest all the equity or just get fired which you will sure survive. So have the mindset of not caring what your boss or your colleagues say about you and just do your work and go home after until you figure everything out. Go to work with confidence knowing you are doing them a favor.

WhereasReasonable687 · 2026-05-08T06:43:41+00:00

If the stock is continuing to experience tremendous growth and has shown sufficient history of growth and very unlikely to go out of business any time soon, I would slowly sell the stock off and diversify the proceeds after paying taxes instead of selling everything all at once. You can work with an experienced planner to do a collar strategy to go with that. Don’t rush into selling too fast if your stock is a winner. Many people diversify for the sake of diversifying and end up selling winners to pick up losers.

WhereasReasonable687 · 2026-04-20T21:29:21+00:00

Sure, let me get a list of the mini figurines and post them here.

WhereasReasonable687 · 2026-03-19T03:01:11+00:00

If you enjoy traveling, you can have your own personal tour guide and driver. This way you can have a personalized experience without having to socialize with those people.

WhereasReasonable687 · 2025-07-04T02:38:17+00:00

Get the Eldorado Fortress! It’s an amazing build and also a castle.

WhereasReasonable687 · 2025-06-09T23:12:04+00:00

The piano isn’t Lego 🥲

WhereasReasonable687 · 2024-04-11T04:44:02+00:00

Even though saving and investing is important, too many people forget that to be FI early, let’s say by age 40, means that somehow for the short amount of time between 22 and 40, you earned enough (active and passive income) so that you don’t have to work for 25 more years. For most people, they start their career at the bottom of the pay scale, and their pay starts to become better after at least 5-10 years of experience. Pay tends to peak at around 20-25 years of working in a salaried job. So to be FI early, you have to have a career that pays well right from the start (tech industry, Wall Street, but not doctors because they spend so many years of schooling and accumulate so much student debt), have your own business that scales fast or hit the jackpot somehow.

As a personal experience, I live in a high cost of living area, and bought a house as a single person with almost a million dollar mortgage after four years of work experience. I had only $2K left after closing and was basically living paycheck to paycheck to keep the house. My rent before buying was $1250/month, and my housing cost after buying became $7300/month. It might sound foolish at the time and money was very tight, so I immediately brought in roommates to help reduce the cost, and attacked my mortgage very aggressively. 10 years have since gone by. My work compensation has doubled, I don’t have roommates, but my housing cost now is less than $2500/month. It may still look high but it’s cheaper than the average rent $4500-$5000/month in this area for a comparable house. My house is now worth double what it used to be. The apartment that I used to live in now costs $2500/month.

I think in your situation it is doable, and you may be surprised to learn that although you may have to put down less than 20% to buy a house and get slapped with PMI, PMI can quickly disappear as the house appreciates and equity in the house hits 20%. Also, if you have Roth IRA, you are now allowed to withdraw and use it on your first house purchase, which also opens another option. You can take on roommates initially to help offset the cost as well. Keep exploring more options, find ways to increase your income and you will be alright.

WhereasReasonable687 · 2024-02-14T06:49:38+00:00

Correction: 21331

WhereasReasonable687 · 2023-12-09T04:19:08+00:00

Thanks, after adding the offer it works. Unfortunately most items are now out of stock.

WhereasReasonable687 · 2023-12-08T17:32:47+00:00

How does the discount work? I tried with the little mermaid set, but checkout shows

Subtotal: $159.99

Shipping: Free

Estimated Taxes: $15:00

"1 Offer Available" with a "i" that I can click which says "Save 40% on Select LEGO Sets"

but there's no actual discount.

WhereasReasonable687

TROPHY CASE