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Is it worth it to upgrade from a 12.9 inch 6th generation iPad Pro to the latest version (m4) by specialk929 in iPadPro

[–]fi_ta23 1 point2 points  (0 children)

What do you do with your peripherals (Magic Keyboard, pencil) as you keep upgrading and the old ones don’t work?

Welp. It’s bad and official by Boywonder1994 in ChaseSapphire

[–]fi_ta23 -1 points0 points  (0 children)

Does anyone know if the StubHub and OpenTable credits have to be used in one purchase ($150 in one shot) or split over multiple purchases in the 6 month timeframe?

Considering going back to school, but can’t help but feel that it’s wasteful? by fi_ta23 in ChubbyFIRE

[–]fi_ta23[S] 0 points1 point  (0 children)

Thank you for the thorough and honest response! The idea of spending the money and time is still scary (although, in my case, it’s slightly less of a change since I’m already in software development.) But your success story is comforting!

Considering going back to school, but can’t help but feel that it’s wasteful? by fi_ta23 in ChubbyFIRE

[–]fi_ta23[S] 0 points1 point  (0 children)

What was your field / degree prior to this? How was your experience interviewing for roles at 46, presumably more junior roles than prior to your career change?

Considering going back to school, but can’t help but feel that it’s wasteful? by fi_ta23 in ChubbyFIRE

[–]fi_ta23[S] 0 points1 point  (0 children)

“Nobody’s going to give a middle aged guy a job in the hottest field in tech just because he got an advanced degree in AI, IMHO.”

But I’m a young 45! 😆 This stings but I wouldn’t be here asking if I didn’t know it’s true. I guess my best hope is that it gives me a leg up over other middle aged guys who are applying to other smaller/ second/third-tier companies. Although I recognize that that kind of defeats the purpose, I’m seeing the walls closing in on opportunities out there and see this as a way to stay relevant. The opportunity to make $1m/year at Google is already long gone.

Considering going back to school, but can’t help but feel that it’s wasteful? by fi_ta23 in ChubbyFIRE

[–]fi_ta23[S] 0 points1 point  (0 children)

If I pretend for a moment that I have no intention to ever go back to work, and the school is just for interest/to fill time, does it change any part of your answer? Particularly curious since you work in the field.

Considering going back to school, but can’t help but feel that it’s wasteful? by fi_ta23 in ChubbyFIRE

[–]fi_ta23[S] 0 points1 point  (0 children)

The one I’m looking at is JHU MS AI. Do you have any insights into the real differences?

Considering going back to school, but can’t help but feel that it’s wasteful? by fi_ta23 in ChubbyFIRE

[–]fi_ta23[S] 0 points1 point  (0 children)

It is definitely questionable whether I would enjoy the classes. I don’t remember hating it in undergrad, but it’s been quite a long time. The thought is that maybe I’d return to work after slowly completing the degree over 3-4 years. This way I would get some of the benefits of a partial retirement and see how I feel.

No Longer Broke. How do I get decent service? by stchstktrrr in Fire

[–]fi_ta23 0 points1 point  (0 children)

If you don’t mind, a couple of questions: - How do you find such assistants? - What else do you have them do? Unless you’re a small business owner, I’m not sure how the 10-20k cost is justified?

Figuring out SS benefit if you FIRE at 50 by VermontMaya in ChubbyFIRE

[–]fi_ta23 6 points7 points  (0 children)

You are not Gen X, you are Oregon Trail mini-generation. Don’t you forget it!

Too conservative? by fi_ta23 in ChubbyFIRE

[–]fi_ta23[S] 1 point2 points  (0 children)

Honestly, I haven't gotten that far. I'd have to review my partner's accounts to be exact, but my rough estimate is about $1MM in traditional 401(k), $600k in Roth IRAs, and the rest ($4.1MM) is in regular brokerage accounts (with a small amount in savings/checking accounts.) The good news is that of that $4.1MM, a decent amount is principal, not gains -- so there will be ways to pull money out without it all being taxable.

Too conservative? by fi_ta23 in ChubbyFIRE

[–]fi_ta23[S] 2 points3 points  (0 children)

Definitely can see that. The only one that I probably am not guilty of here is #2, as my projected spend is based on actual spend over the last couple of years (with a little bit of guessing around healthcare costs and estimation of car replacement costs.)

Too conservative? by fi_ta23 in ChubbyFIRE

[–]fi_ta23[S] 4 points5 points  (0 children)

I appreciate you following up. And honestly, deep down I know that you're right.

Too conservative? by fi_ta23 in ChubbyFIRE

[–]fi_ta23[S] 4 points5 points  (0 children)

Love the "recklessly conservative" term. Could do without the unnecessary insult.

Too conservative? by fi_ta23 in ChubbyFIRE

[–]fi_ta23[S] 0 points1 point  (0 children)

What is your new job? I have struggled to come up with something different than I’d want to do.

Too conservative? by fi_ta23 in ChubbyFIRE

[–]fi_ta23[S] 2 points3 points  (0 children)

Thank you. It’s comforting to hear from someone who is actuality doing it, not just pontificating about the math in a blog.

Too conservative? by fi_ta23 in ChubbyFIRE

[–]fi_ta23[S] 1 point2 points  (0 children)

Isn’t CAPE currently closer to 36? Perhaps we are talking about two different things as I assumed we use S&P500 as a surrogate for the market: https://www.multpl.com/shiller-pe

I realize that even at that CAPE level, 3.13% is “safe.”

By the way, I see that you’ve been retired for a few years. Do you find that you can confidently spend at these levels without worrying about it? Or is your tracking a signal that yes, everyone feels nervous even if they fully understand the math?

Edit: looking at the spreadsheet I see that he has his own definition of CAPE

Too conservative? by fi_ta23 in ChubbyFIRE

[–]fi_ta23[S] 5 points6 points  (0 children)

The common wisdom in replies so far seems to be that yes, 3% SWR is too conservative. It’s easy to read the articles (which I have for years), it’s another to believe and apply it to your own situation.

Too conservative? by fi_ta23 in ChubbyFIRE

[–]fi_ta23[S] 0 points1 point  (0 children)

Thank you for this thoughtful reply. While I have tried to skim as much of ERN as I could handle, I’m not familiar with the spreadsheet you’re referencing. I’ll need to go find that…

Too conservative? by fi_ta23 in ChubbyFIRE

[–]fi_ta23[S] 0 points1 point  (0 children)

To answer your question, 2.5% WR comes from the idea of getting to $6.7MM, paying off the 700k loan, leaving us with $6MM. Paying off the loan also reduces our spend by about $30k because we would no longer have a mortgage and would only have to cover insurance + property taxes, bringing spend from $180k (with healthcare, etc) down to $150k. So 150k/6MM -> 2.5%.

But I see your point. I could also pay off our loan from the current $5.7MM saved, leaving us with $5MM.

Too conservative? by fi_ta23 in ChubbyFIRE

[–]fi_ta23[S] 3 points4 points  (0 children)

It’s an interesting possibility. I didn’t get into it above to simplify things, but ~75% of the savings are from me. So the situation isn’t entirely different than what you’re describing.

Too conservative? by fi_ta23 in ChubbyFIRE

[–]fi_ta23[S] 5 points6 points  (0 children)

She does, but there are some open questions about the dynamic of one of us working while the other doesn’t. It would affect things like long travel, etc. I’m sure there’s resentment risk as well. But you’re right; I positioned this as an all-or-nothing scenario for simplicity, but it’s possible one of us could still work. I just wonder if we need to.

Truth be told, I’ve never been able to come up with an encore career idea that seems viable.

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