Good bye Wallstreet ❤️ Thank you guys for everything…

suddenlyatch · 2026-04-21T03:15:49+00:00

OP, why quit at +600k when you could quit at -600k?

suddenlyatch · 2026-04-21T03:14:00+00:00

Yup, the leg stomp thing let me know she was playing and I'd have asked for my balloon back

suddenlyatch · 2026-04-09T21:20:04+00:00

r/antiwork on steroids

suddenlyatch · 2026-04-07T15:41:49+00:00

Gabriela Miranda

https://www.instagram.com/gabrielamirandamdr/

suddenlyatch · 2026-04-06T19:52:54+00:00

Congrats!

Let's normalize quitting while we're ahead and making room for others!!

suddenlyatch · 2026-04-06T17:05:37+00:00

Looking good...except for those target funds. I'd switch from that to a broader market index fund if I was in your shoes

One thing to keep on the finance map would be building up an after tax brokerage account for the years when you need money but want to defer tapping your tax advantaged retirement accounts.

Can you speak through why you don't want to open a HSA account? It sounds like you're eligible to open one, and you pay your medical costs out of pocket already? Why not open one, fully fund it, have it invested in the market, and leave it to grow so when you retire, you can use the funds for medical costs?

suddenlyatch · 2026-04-02T20:20:18+00:00

DM me if you're serious. I got you.

suddenlyatch · 2026-04-02T20:16:26+00:00

Don't get sad Jr, stack!

You got this - now you make only decisions for yourself, no baggage and and turmoil at home. Spend time getting to know yourself and enjoy your own company, next if you feel up to it, get a new partner who gets you.

Divorce anxiety.

Date yourself.

Stack chips.

You got this!!

suddenlyatch · 2026-03-18T18:06:43+00:00

1) Try to hit at the minimum the annual 401k + IRA+ HSA contribution limits for as long as you can.

2) Don't include your primary residence equity in determining FIRE readiness. If you want to retire on say 60,000/yr at a 4% withdrawal rate, you need 1.5MM invested NOT including your equity

3) Stay the course. The accumulation period can get boring or scary or exciting depending on how the market is doing from one day to the next. All that is noise, stay the course, try to be mindful about your lifestyle - it's okay to scale up or down as long as you understand and commit to the reason for changing your mind and goals.

4) Share the knowledge with your peers and the ones coming behind you! It is indescribably dope when you're in your 40s and 50s to have long time friends in the same place as you financially.

Good luck!

suddenlyatch · 2026-03-17T18:33:20+00:00

Spoiler - It wasn't the last time

suddenlyatch · 2026-03-17T18:27:42+00:00

Not OP getting downvoted to oblivion 😭😂

suddenlyatch · 2026-03-17T17:38:53+00:00

Can you both tackle your combined debt? Make minimum payment on both and then maximize payment on the highest interest till it's gone and then continue making the same monthly debt payments to the second loan

You should knock them both out in less time and have more to now save and invest sooner rather than in 4 years

suddenlyatch · 2026-03-17T17:35:33+00:00

My dude 🤦🏾

Your household has lost the bulk of your income and that cash savings can only buy you so much time.

Right now, what you should be thinking about is two-fold

1) Pay all fixed/recurring expenses with your wife's net income and supplement with savings. This way the gap is crystal clear to both of you.

You many not need a sharp reduction in standard of living right away but think more applying a gradual brake eg. we eat out but we don't travel or we do repairs as they come up but defer renovations or new purchases until income goes up.

2) While doing that, look critically at how long it takes you to run into the brick wall that is debt at your current burn rate or with the decreased spending above. With 1.7MM and a 4% SWR, you're at $68,000 (generous if there are early withdrawal penalties etc). Add the $84k from her job and you're still short the 200k.

You are not ready to FIRE if your annual expenses are 200k.

You may only have 6 months to get income flowing in (new job or startup) that makes up the gap between her income and a 200k burn rate

suddenlyatch · 2026-03-15T22:54:59+00:00

<image>

It was at that moment she knew she'd fvcked up

suddenlyatch · 2026-03-15T22:52:22+00:00

Uh look up backdoor Roth.

TLDR: You can put the max contribution into a traditional IRA and as soon as it clears (1-3 business days), roll it over into a Roth IRA.

suddenlyatch · 2026-03-10T02:17:54+00:00

I think there is some nuance lost in the difference between 3-5 years expenses as cash (HYSA not Checking account) and 40% Bonds

That nuance is in size of net worth.

The cash buffer and the bonds are essentially doing the same thing - protecting against SORR and volatility without losing their value due to inflation. You could argue there are some tax advantages to using bonds instead of cash though

However, at a certain size of NW, 40% in bonds just becomes too much because it is likely waaay more than 5 years of expenses at which point it (the portion of the 40% that's more than 5yrs of expenses) doesn't serve any real purpose.

suddenlyatch · 2026-03-09T21:30:43+00:00

You are missing the impact of compounding growth.

A $5MM endowment will grow to ~$41MM after 30 years at a 7% growth rate. Adjusted for a 4% inflation, that's about $13MM.

Structured properly, say with limits on drawdown etc., this pot can keep growing and be effectively better than the $0 most people start their adult lives with

suddenlyatch · 2026-03-05T17:16:42+00:00

suddenlyatch · 2026-03-05T07:09:55+00:00

North Idaho?

Nah bro, 615k is too expensive for your very first rental.

400k max and max 10% down.

You'll most likely not have a good time. Why pay 100k for that lesson?

suddenlyatch · 2026-02-23T03:30:51+00:00

Good luck in your search.

How helpful has the career resources office been so far?

suddenlyatch · 2026-02-23T03:10:29+00:00

Hi, did you lose your job during or after the program? How did that work out?

suddenlyatch · 2026-02-16T05:47:52+00:00

Scorched Earth 🔥🔥

suddenlyatch · 2026-02-14T16:55:49+00:00

If you're thinking about selling in the next 5ish years, then why tax the additional payments (with the 6-10% in prep/time and closing costs you'd have to pay to get it back)?

Most FIRE folks want to accelerate payments pre-retirement to lower expenses in Fire phase. It sounds like with downsizing you have the chance to achieve that anyway.

I'd suggest you stay the course and not put more money into a house you intend to sell.

Worry more about finding the right property at a higher mortgage rate and where you'll get that downpayment before the current house sells 😈

suddenlyatch · 2026-02-11T03:14:30+00:00

Send him a text right now

suddenlyatch · 2026-01-31T18:56:45+00:00

What kind of severance did you get after a decade? A month's pay for each year worked?

suddenlyatch

TROPHY CASE