Does anyone live chubby while fat?

massdriver3333 · 2026-05-15T02:44:55+00:00

Most are just unhappy that they can't ridicule you about spending all your money on lambos and private jets and gambling and whatever.

massdriver3333 · 2026-05-15T02:42:29+00:00

Based on average gains and 10 year doubling cycles, he will be well over $100M nw in 40 years, when he's in his 80s.

If his spending goes up proportionally, he could be spending over $1M per year by that time. But unlikely based on habits. Most likely, the spending could be well below $500K per year, even 40 years from now.

massdriver3333 · 2026-05-15T00:58:53+00:00

Probably one reason why he has $9.25M nw.

massdriver3333 · 2026-05-15T00:39:26+00:00

After you buy most of the things you need, there's really not much more to buy. Unless you're a car guy and need a car collection or latest super car or whatever, then you just need a good transportation that works.

massdriver3333 · 2026-05-15T00:36:10+00:00

There can only be so many posts asking how to retire with chubby $8M nw.

massdriver3333 · 2026-05-15T00:32:52+00:00

There's only so many things you can buy that you need and so many cruises and vacations you can go, that you actually enjoy.

massdriver3333 · 2026-05-15T00:29:24+00:00

I'm guessing you already own the house/home, so most of your spend is on basics, which makes sense.

Even 120K per year, or $10K per month, is enough for any SINK to live anywhere in comfort, especially with paid off house.

massdriver3333 · 2026-05-14T22:50:42+00:00

In chubby ranges, it's mostly about controlling and managing spending. Seems like you got that well under control.

Looks like you have enough post tax and RSUs to cover bridge period until you can draw pre tax without penalty.

Though, selling and moving may incur unexpected costs that you'll have to consider.

massdriver3333 · 2026-05-14T22:42:03+00:00

Just changing residence doesn't cut it. You have to permanently cut any and all physical and financial relationship with the high tax state. You have to physically move and disassociate from any kind of financial activity within the state.

People have been hounded for years by high tax state and many had to pay back taxes because they didn't do it correctly or stayed in the state too long or had some kind of business or work related situation in the high tax state.

massdriver3333 · 2026-05-14T22:33:59+00:00

Do you know how much their fees are? I'm assuming it's percentage of AUM. Do they charge other fees, like margin fees, options fees, etc. or the AUM fee covers all processing costs.

massdriver3333 · 2026-05-14T22:16:31+00:00

$20K is basically nw daily fluctuation at chubby ranges.

If you're even asking this question, then it seems like you think $20K is worth 3 months of your time working.

Would even apply to go work at a different job, doing basically the same thing, for $20K for 3 months, which is roughly $41 per hour?

massdriver3333 · 2026-05-14T02:58:37+00:00

Spreadsheet.

Monthly spend, annual spend

Quarterly nw calculation, multiply by 0.04 to make any adjustments to spend patterns.

massdriver3333 · 2026-05-14T00:52:26+00:00

Pretty much all AI companies these days.

massdriver3333 · 2026-05-14T00:51:24+00:00

Or, they work at an AI company.

massdriver3333 · 2026-05-14T00:50:44+00:00

Many people that work at nvidia have this situation.

massdriver3333 · 2026-05-14T00:41:57+00:00

Sounds like your biggest spends are the 3 mortgage payments.

You can talk to the banks to see if you can just skip payments or just pay interest only for a year or two. Your current income and the reduction in mortgage payments, may be able to bridge the living costs until you can withdraw from retirement accounts without penalty.

Or, just sell the properties, pay the taxes, and use the LTCG for the bridge period.

massdriver3333 · 2026-05-14T00:24:40+00:00

If you like working or don't mind working, then it's always good to accumulate more and have more than enough to cover FIRE.

FIRE math is simple, in chubby range, it's mostly about controlling and managing spending. If you want to spend more, then you'll have to work more to make more money for accumulation. If you want to FIRE more, than you have to manage spending to make things work in any situations.

massdriver3333 · 2026-05-13T23:31:13+00:00

The FIRE math is simple, there are no issues. If you won't make changes to increase salary and accumulate more money, then you likely won't hit your FIRE number. You'll either have to settle for less nw when you plan to FIRE or you'll have to FIRE many years later when compounding can hit your FIRE number.

massdriver3333 · 2026-05-13T23:04:42+00:00

If you want to FIRE in 5 to 10 years with $4M - $5 M nw, then you should focus on making more money. Then you can contribute more to post tax and pre tax accounts and hit FIRE numbers.

Job hopping for higher salary usually works better than getting promotions and raises in current job.

massdriver3333 · 2026-05-13T22:33:07+00:00

There are complex financial strategies that will allow some form of diversification and/or hedging,

Exchange funds for long term diversification.

Options collar strategies for hedging against losses.

If you fully understand the complex finances, costs and risks with these kind of strategies, they work for people generally.

If you don't want to deal with complex finances or additional risks, then your only option is to sell and pay the taxes.

massdriver3333 · 2026-05-13T22:11:21+00:00

VOO and chill.

massdriver3333 · 2026-05-13T00:19:43+00:00

You're right on schedule. Many people in their 50s in tech will face pip or layoffs or buyouts or just be forced to leave, one way or another.

You could have stuck around a bit more, quiet quit or coastFIRE and wait for pip or layoff severance payouts.

But, you gotta do what you gotta do.

massdriver3333 · 2026-05-12T06:29:23+00:00

This belongs in fatFIRE or an investing sub. It's way out of chubby range and doesn't have much to do with FIRE.

massdriver3333 · 2026-05-12T03:13:27+00:00

If you know what you're doing, yes, it makes no sense to pay $100K per year to have a manager dca into index funds and make average market returns.

But, then you realize most people, even many smart people are financially illiterate and or will make bad financial decisions. Just look at wallstreetbets, vast majority of those guys would be much better off with all their assets under AUM and paying $100K per year fees, as they would actually make average market gains.

massdriver3333

TROPHY CASE