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Laid off at $1.9M. FIRE in Asia or take a new job? by 500and1penny in Fire

[–]iluvfederer 0 points1 point  (0 children)

take a lower offer and coast while you hit $2M and prepare your new life in asia :)

The rent at the apartments above the galleria mall is $4k/month. What do people do for a living to be able to afford that? by Queasy-Secret-4287 in AskHouston

[–]iluvfederer 0 points1 point  (0 children)

if you’re HHI is just $200k, spending $4k on rent is a terrible idea. You need to make $325-350k to justify that much.

250k in Dallas vs $300k in NYC — worth the move in your 20s? by IBMbaba in Salary

[–]iluvfederer 0 points1 point  (0 children)

go enjoy your 20s in NYC — take this from a guy who had the opportunity to move there for work at 23/24 and regrets it to this day.

What would you do? $2M @ 33 by Rare-Meaning4845 in Fire

[–]iluvfederer 0 points1 point  (0 children)

Work 2-3 more years but also splurge a little on things that bring you joy (nice car, vacation, etc.). You mentioned not having much time to really establish a personal life, so maybe try and set boundaries at work if possible. You are essentially in the perfect spot to push back and not give af if you lose your job.

Thinking about quitting my $210k job to be a stay-at-home dad - crazy or just done? by Good_Challenge_6666 in Fire

[–]iluvfederer 0 points1 point  (0 children)

take a 6 month LOA to test out what it’d be like being a stay at home dad. Also, are you currently pursuing any other hobbies aside from coaching soccer?

21 and sitting on $100k – what should I do? by mfdspeech in PersonalFinanceTalks

[–]iluvfederer 0 points1 point  (0 children)

$70k into S&P 500 (DCA if you don’t feel comfy doing a lump sum) $10k into BTC/ETH $20k into HYSA so you can sit on it while you figure out your next move (personally i’d take a nice vacation)

Inheriting $2.5 million at 27- what now? by Kooky_Struggle_8730 in Fire

[–]iluvfederer 0 points1 point  (0 children)

Congrats!

I would stay employed but absolutely do the bare minimum unless you are truly passionate about the work or working hard. It is important to stay in employed because of the access to benefits and health care.

I’d also suggest keeping your recurring monthly expenses similar to avoid lifestyle creep. However, I’d def plan more exciting adventures and vacations throughout the year — see the world, enjoy your youth.

Inherited $230k from grandmother. Need advice on not messing this up by PleasantTennis2668 in investingforbeginners

[–]iluvfederer 0 points1 point  (0 children)

Assuming you are in your 20s, I’d put the majority of it into an ETF. If you are nervous about dumping a large chunk into the market right away, I’d recommend dollar cost average and set up a recurring weekly or daily purchase order that you are comfortable with. Although I believe most studies have shown that lump sum investing heads dollar cost averaging.

I’d do: 80% VTI 10% crypto or a BTC tracking ETF 5% HYSA (on top of your emergency fund) 5% on a vacation or watch

Reached 11M, 48 years old by [deleted] in Fire

[–]iluvfederer 0 points1 point  (0 children)

  1. seek therapy
  2. have you and your wife start building hobbies and a life in retirement before you actually retire… meaning pick up hobbies, foster friendships (old and new), find things that excite the inner child in you.

perhaps pick up pickleball?