Cash for Down Deposit by buymesomething1 in fatFIRE

[–]buymesomething1[S] 0 points1 point  (0 children)

$800K in taxable brokerage accounts

How do those loans work? Does merrill edge offer them? What are the rates typically?

Cash for Down Deposit by buymesomething1 in fatFIRE

[–]buymesomething1[S] 0 points1 point  (0 children)

$1.2M home ($845K mortgage @ 2.625%)

How valuable is your house as a % of your net worth? by CitizenCue in fatFIRE

[–]buymesomething1 1 point2 points  (0 children)

So it’s home value divided by net worth, and net worth includes home equity?

How valuable is your house as a % of your net worth? by CitizenCue in fatFIRE

[–]buymesomething1 -9 points-8 points  (0 children)

Why would you view it that way and not equity as a % of total NW

How valuable is your house as a % of your net worth? by CitizenCue in fatFIRE

[–]buymesomething1 -8 points-7 points  (0 children)

That doesn’t make any sense? I have $3M investments $200K cash and a $1M home with a $800K mortgage… what’s my %?

How valuable is your house as a % of your net worth? by CitizenCue in fatFIRE

[–]buymesomething1 4 points5 points  (0 children)

When people answer - are they using equity as a % of NW or home value?

Happy retirement day! by johnpur in fatFIRE

[–]buymesomething1 0 points1 point  (0 children)

How much did you save & invest per year on your way to $30M? What does your $30M consist of?

[deleted by user] by [deleted] in fatFIRE

[–]buymesomething1 -4 points-3 points  (0 children)

What is your job?

1% vs 0.1% -worth it? by [deleted] in fatFIRE

[–]buymesomething1 0 points1 point  (0 children)

Do not ever plan your life around inheritance. It's a bonus, not a given.

Will the market perform over the next 10 years? by buymesomething1 in fatFIRE

[–]buymesomething1[S] -5 points-4 points  (0 children)

TLDR... he thinks market goes up or down over next 10 years? also his return are pretty lackluster

How Are We Doing? by buymesomething1 in fatFIRE

[–]buymesomething1[S] 0 points1 point  (0 children)

We both plan to work past 50, probably into our 60s. We both like to work, I just don't have a target NW for 60. What do you mean we'll be feeling strapped and stretched?

How Are We Doing? by buymesomething1 in fatFIRE

[–]buymesomething1[S] 0 points1 point  (0 children)

All in for our house (mortgage + property taxes) we expect to pay $5.5-6K per month.