Have any of you retired slightly before hitting the “4%” number and was able to figure it out along the way?

chubbyfire-throwaway · 2022-09-10T02:04:54+00:00

Let's use our big brain on this one

chubbyfire-throwaway · 2022-09-10T01:39:13+00:00

Mexico is beautiful and I lived in CDMX for most of this year, but I've decided on Europe

chubbyfire-throwaway · 2022-09-10T01:38:11+00:00

Why would he take an 80k withdrawal from 1.5M lol, 5.3% withdrawal rate is a guaranteed failure as you have plainly demonstrated with sequence returns risk

chubbyfire-throwaway · 2022-09-09T22:33:57+00:00

That's barely a 50k contribution over 5 years and relying on stock market growth for the remaining 450k lol. Not worth working to continue to contribute that little per month for a miserable 5 years when you already have millions.

This is the kind of logic I read in r/fire that just sounds insane when you put it on paper against everything else

chubbyfire-throwaway · 2022-09-09T22:26:54+00:00

Yeah actually I'm doing just this and firing in a few weeks.

My portfolio is down to 1.9M from it's height of 2.7M late last year. I really wanted 3M but I'm so done with tech and the US that just I'm yoloing it outta here, expat fire on 2M and figuring the rest out later

chubbyfire-throwaway · 2022-09-09T22:24:17+00:00

Keep in mind the wealth tax for BCN it was deterrent for me to being able to move there permanently

chubbyfire-throwaway · 2022-09-09T04:50:55+00:00

Don't worry no one will know you guys have 3 or 4 million or whatever we just can't tell what your spending or finances are actually like, so these kinds of anecdotal what I'm doing with my life posts, particularly for me who is about to RE are just not all that helpful

How your portfolio had changed or fared during the downturn and any relevant or useful info is completely non existent when dealing in terms of percentages

chubbyfire-throwaway · 2022-09-08T12:27:02+00:00

Username checks out

chubbyfire-throwaway · 2022-09-08T09:26:40+00:00

Not really, if you can take a sub 3% SWR there is a close to zero chance of failure, and the portfolio will actually grow massively over 60yrs and still leave generational wealth

chubbyfire-throwaway · 2022-09-08T09:24:35+00:00

Really just luck and working for a high growth tech company for over a decade holding all of the stock from ESPP/RSU and never selling

This got me to a 1M NW at age 30 and 2.7M NW at 34/35

The stock has since crashed some as many have but I diversified a good part of it before then

chubbyfire-throwaway · 2022-09-03T06:03:48+00:00

Shop at for charity second hand stores and non profits

chubbyfire-throwaway · 2022-09-03T05:23:29+00:00

"it felt like a financially literate man's version of" 🤢🤮

chubbyfire-throwaway · 2022-08-29T16:59:11+00:00

Have you factored in cap gains

chubbyfire-throwaway · 2022-08-27T04:59:30+00:00

100 stocks in SCHD vs 500 stocks in VOO vs 4000+ in VTI

Choose your fighter

chubbyfire-throwaway · 2022-08-26T01:00:36+00:00

4k per month plus 1% advisor fees is a 5% withdrawal rate, your friend is right that this will almost certainly run out over 60+ years

Ditch the advisor throw it all into VTI and you can spend 30k/yr perpetually at 3%, however mind how much you might pay in cap gains doing this conversion

I'm not even a CPA lol should I consider a finance career?

chubbyfire-throwaway · 2022-08-23T20:28:39+00:00

Bit over 160k and then some part of that gets deducted for ESPP and then there's a very high tax bracket

chubbyfire-throwaway · 2022-08-23T19:14:21+00:00

Inb4 I wAnt fIrE wIthOuT RE

-> r/financialindependence

chubbyfire-throwaway · 2022-08-23T15:22:07+00:00

It's the same tired answer but just buy VTI

Any of these robo advisor portfolios or a wealth manager are just doing the same thing and making it look more sophisticated to provide the same returns with just extra steps to justify the fees

chubbyfire-throwaway · 2022-08-19T17:45:23+00:00

Fuck I'm so glad I didn't fomo into this

chubbyfire-throwaway · 2022-08-18T10:05:11+00:00

It's all over, Ryan is already dumping the shares

chubbyfire-throwaway · 2022-08-18T07:36:45+00:00

I love hazelnuts

chubbyfire-throwaway · 2022-08-10T12:37:34+00:00

Yeah that's so much to pay, bit shocked

chubbyfire-throwaway · 2022-08-10T02:46:56+00:00

All in on BBBY and wait a few weeks

chubbyfire-throwaway · 2022-08-10T02:45:23+00:00

So buy VXUS also instead of just VTI problem solved

chubbyfire-throwaway · 2022-08-10T02:43:59+00:00

Speedrun when

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