R fatfire.

Salary is $440k (although 630k this year because rsu went up) but we spend $90k a year. Target is house plus 140k per child in 529/kid accounts for college plus 3M (90k at 3%). October is potential hurricane season. If you’re truly fat, then wait to book last minute after the weather looks ok. Flights might be a little more but at least you know there isn’t a hurricane coming. None of the hotels will be sold out in October. Amanyara fits the bill. Also there’s r/fattravel to post to. 42.As with any information found online, members are always encouraged to view the material on r/fatFIRE with healthy (and respectful) skepticism. If you are unsure of whether your post belongs here or as a distinct post or if you have any other questions, you may ask as a comment or send us a message via modmail.Yes! Think about it terms of percentages. Going from $1 to $100,000 is a 10000000% increase. Going from $100,000 to $1m is a 1000% increase. Going from $1m to $2m is a 100% increase. The first million is always the hardest because you essentially have to earn the full million on your own. I generally see people reporting it takes about three ...

Plus like someone else said, the “boring middle” is also called life, so you do want to strike a balance of being able to enjoy it, which you’ll easily be able to, and money can help there (hobbies, travel, convenience, etc). You are wise for a youngin, you have a rich future ahead! 123. [deleted] • 1 yr. ago.You’re losing a lot of money buying new or leasing. Now, you can factor in the money you could make by putting it to work in the market. If you buy the car with a pledged asset loan at around 3% you come out even further ahead with the used option. The new car will cost you $81490 The used car will cost you: $47600.Supplements provided by owner to be fed by barn staff $50-100 mo. Transporting the horse is $.75-1 a mile. Shoes every 5 weeks for $150-250. Vet- depends, a colic can be $5000-8000 with surgery. lameness evaluation with x-rays on a barn call- $750-1000. Worming/ yearly vaccinations maybe $300 year.

The combination of knowing what you want at end of career and diligently working toward those specialized skills will help set you apart. Sure, there will be other ambitious colleagues that follow this strategy, but you will on average come out on top and with some luck eventually land that position.

A contract address hosts a smart contract, which is a set of code stored on the blockchain that runs when predetermined conditions are met. Learn more about addresses in our. Etherscan is a Block Explorer and Analytics Platform for Ethereum, a decentralized smart contracts platform. Brand Assets.The acronym stands for Financial Independence, Retire Early. Fat refers to the abundant nest egg one must acquire to gain the financial independence to retire early. This movement shares some of...FatFIRE is a type of FIRE. The main idea of FIRE is to earn enough money so that you can save enough to have financial independence and retire early. To FIRE means to save enough money to live a …However, we already live in a beautiful but boring suburb so we crave people watching, energy, entertainment, and for that, one notch below the high end ones is often the best choice. yelloworchid • 8 hr. ago. Jade Mountain Resort - St. Lucia, Cap Maison - St. Lucia. Cocobay - Antigua. 4. kimjongswoooon • 18 hr. ago.

Plus like someone else said, the “boring middle” is also called life, so you do want to strike a balance of being able to enjoy it, which you’ll easily be able to, and money can help there (hobbies, travel, convenience, etc). You are wise for a youngin, you have a rich future ahead! 123. [deleted] • 1 yr. ago.

This is our 2022 budget based on my - hot off the press - actuals for 2021. We are 56m / 53f in an MCOL. For us, this is a < 1% WR. We're kind of fat NW but with a chubby/regular FIRE spend. This is our 3rd year being retired. The bottom line is we had income and expenses of around $90K. That's around 60th percentile. Yearly.

We are a dual physician couple living in a LCOL city. Combined as two specialist physicians we bill well over 7 figures. Over the last few years by restraining life style inflation we have been able to save up $4 million (mostly in ETFs). We save between 700 k - 1 million dollars per year, and can add that amount for each extra year we stay here. I am. I lived in the USA for 10 years but recently moved back home to the UK in 2019. The US was very generous to us and I have a son now with dual citizenship but for this part of my fatfire journey, being back in the UK is the best option due to the very very high contribution limits for SIPP and ISA. The objective of the Wellington Fund is to provide both (1) long-term capital appreciation and (2) reasonable current income. And to do so with (3) consistency and low volatility. This is a tall order. But Wellington tries to achieve their goals by: Setting an asset allocation of 60% to 70% stocks and 30% to 40% bonds.2021’s Best States to Retire from WalletHub. From a fatFIRE perspective perhaps most don't care as much about affordability, but the other metrics (e.g., quality of life, health care) are certainly relevant. That being said, I'm in California, where most of my family/friends are, so unlikely to permanently move from here. Jan 9, 2022 ... Anyone is interested in fat fire? This is from Reddit. https://www.reddit.com/r/fatFIRE/comments/rwwjn5/… 2021 Spending Breakdown I thought ...Welcome to r/ChubbyFIRE, here we aren't rude and welcome mid to advanced fire topics, please do not ask things like "How can I invest money" or other very basic things. We try not to moderate too heavily but please be respectful and use the weekly thread as much as possible for smaller questions. Similar subs: r/FatFire. r/fire. r ...

A wise mentor (who wishes he had had more than 2 kids and is a a FatFIRE) describes life as a 3 Chapter book: Chapter 1) Preparing to live the life you want to have, including finding your wife and having kids. Chapter 2)Living the life you built for your family, and preparing you and your wife for the future.r/REBubble: A place to freely discuss and investigate the current US housing bubble. Share evidence, zillow screenshots and other interesting items.The online forum subreddit r/fatFIRE is filled with people discussing investments, sharing tips, and telling stories of getting FatFIRED—the day when they retire in their 30s or 40s after having...We would like to show you a description here but the site won’t allow us.Am i ready for Fat Fire. Not sure if I belong in this community but am posting regardless, I'm 54M, physician. I was able to invest aggressively out of residency and in spite of going through a divorce (net worth then post-divorce 1M), through luck and aggressive saving, I was able to recoup my losses and currently at 10M.Still working because ... Any non-software engineers achieve fatFIRE? I'm (32M) the engineering manager of a small-medium size company in a MCOL area close to Toronto. Married w/ 2 kids. Current NW is $600K with $260k in retirement assets. At my current rate I'll be fire between 45-50.My fatFIRE target is $5M, plus a fully paid off primary residence. I recently obtained the fully paid off primary residence and it feels great to never have to pay rent or a mortgage again. But even though I've been aggressively saving for retirement (over $200k yearly in contributions) it will be several more years before I manage to save up ...

Sep 10, 2022 ... But for many others, the goal of FatFIRING is still a dream worth pursuing. For these, one of the highest ranking posts ever made on r/fatFIRE ...We really need to get this $4k/hr out of the discussion. It's not that much. The operating costs for a light jet are less than that. If you are sharing the jet with other passengers, you aren't paying anywhere near $4k/hr. There are many ways to get it lower than $4k/hr. That's on the high end for sure.

In r/LeanFIRE $100K/yr is Fat. In r/financialindependence it's chubby. In r/FatFIRE it's just FIRE. It all depends on your perspective. As a reality check it's interesting to see what …Am i ready for Fat Fire. Not sure if I belong in this community but am posting regardless, I'm 54M, physician. I was able to invest aggressively out of residency and in …FIRE – Financial Independence, Retire Early. The combination of both of these. You can be FI and continue working at a fulltime job (as I plan to do). Or you can be taking a mini-retirement, like Scott from I Dream of Fire is doing. Lean Fire – FIRE, but with a smaller amount saved up. Think of it as FIRE on a budget.Genuine question, why would people retire from S&P 500 tracking index/Etfs with a 4% swd which can only last them 30 years, when dividend etfs/index funds are less voloitile and provide stable income even during bear markets. I just opened a brokerage account, I’m in my 20s looking for tech stocks that have a huge upside potential, something like nvidia or AI… appreciate it. r/Fire: FI/RE (Financial Independence / Retiring Early) is a money strategy that's sweeping the nation. It's not easy, but it is simple: earn more ….Any non-software engineers achieve fatFIRE? I'm (32M) the engineering manager of a small-medium size company in a MCOL area close to Toronto. Married w/ 2 kids. Current NW is $600K with $260k in retirement assets. At my current rate I'll be fire between 45-50.With purpose. : r/fatFIRE. by hvacthrowaway223. Working after FATFIRE. With purpose. I attended an interesting fundraiser. It was a group of very well to do, old money types. It was put on by one of their own that had lost a daughter to cancer and wanted to help others not so fortunate struggling through the same experience.Pretty much normal, housing, travel, food etc. I overspend a bunch on food and entertainment but don’t buy a lot of stuff. Usually $250-275k a year, but more this year with how hotels and other travel-related expenses have blown up, plus we bought a Tesla Model S. Biggest expense categories are travel and dining out. Meet the fatFIRE movement of high-earning professionals who want to retire early without cutting coupons. Working in Big Tech is one popular path to pursuing lavish …

And have renter's insurance, but wondering if it would still make sense to get an umbrella policy too in case of a bad car accident or our dog bites someone. Yes. $1m at least on top of your renters insurance. Will cost you less than $500 a year. Not many insurers will issue such a policy if you don’t have a homeowners or car policy already.

Fatfire Canadians getting medical treatment in the US. A Canadian friend has been suffering from a difficult to diagnose medical issue and they believe that the best experts for it are in the US. There is no concern about being able to pay the costs out of pocket. My thought was that they could just make an appointment and travel in as a ...

Hey everyone. I'm a floor RN in California with a Master's (leadership) working in a hospital. Because we're unionized, we have standardized pay scales with no room for negotiation - currently make ~$120k a year (hourly employee).The difference: FatFIRE devotees don’t want to scrimp and save in order to afford early retirement, and instead focus on maximizing their income while they’re still working, according to the r/FatFIRE subreddit. Not surprisingly, working at large tech companies is one popular path to pursuing fatFIRE.The video shares 5 ways to use debt, including leveraging assets, investing in dividend-paying stocks, starting a business, using credit cards wisely, and using debt to buy appreciating assets. The video stresses the importance of cautious debt management and encourages viewers to research before investing.It’s a very bad idea due to taxes. Passive Foreign Investment Companies (PFIC) are punitively taxed at the highest rate we have in the US that year. So it’s a catch 22 since the US firms won’t allow you to buy US ETF’s if you live in the EU and you can’t buy EU ETF’s since the taxes are too high in the US. 5.Anyone making a household income of $250k+ in most cities (and more in NYC/SF type cities) should be able to at least have a $5 million net worth by their early 50s. You CAN be a lawyer relying on the billable hour and trading time for money, and you can make this FatFire dream work. Not many make it happen, though.I have a fatfire-type question regarding prenups that I would appreciate hearing others' thoughts about. In my state, assets owned before marriage are separate property that is not divided in a divorce. Increases in value of those assets that occur passively remain separate property. Asset accumulation from income earned by working during a ...Surprisingly, there are a ton of real people lurking this sub. I do feel like a lot of times, either NW or business valuations may be inflated. There’s a lot of people with $5m+ in this world. Many people, even high level executives with Ivy League educations, don’t know what to do when it comes to their own money.Provided your investment is liquid, growth is almost always taxed more favorably than cash flow so just shave some off when you need it. Better control on the timing on cash flow (you sell when you need to) and lower tax rates for capital gains. Main_Cherry_5079 • 2 yr. ago.At the $100k minimum you're paying $650 extra in fees, to at most in a year offset $3,000 of ordinary income. $650/$3,000 = 21% bracket, so you're only ahead if you're in the 24% or higher bracket for very little dollars. Let's jump to the 37% bracket, you'd get $1,110 back from tax loss harvesting on your tax refund, minus $650 of fidelity's ...At the $100k minimum you're paying $650 extra in fees, to at most in a year offset $3,000 of ordinary income. $650/$3,000 = 21% bracket, so you're only ahead if you're in the 24% or higher bracket for very little dollars. Let's jump to the 37% bracket, you'd get $1,110 back from tax loss harvesting on your tax refund, minus $650 of fidelity's ...The fatFIRE Reddit. Retire with a fat stash with tips from the wealth and financial Independence retire early community. On Reddit. Established 2016. 303K Members.The real estate will be several short term rental properties generating $280,000 per year in rental profits (7%) plus 3-4% in appreciation (this just offsets inflation and I don't count it as income). All together I'll have a pre-tax retirement income of $360,000 which is 6% of $6M. Additionally I'll have several luxury properties to enjoy free ...

Just outside of Nice is perfect and is a great place to be for easy access to the rest of Europe, especially Monaco. Marbella is a no-brainer. You can buy a $2.5m house in Marbella that would cost $15m in Los Angeles. Also is pretty central. St. Tropez but can be very expensive as you probably know.Takeaways for r/fatFIRE: Most of you probably are working thought-based and decision job, your tool is your head, which never leaves you. You might be thinking about your project during your commute, as you're making dinner, while you put your kids to sleep, and when you wake up stressed at three in the morning. You might be on the clock for ...Your Fat FIRE number is the amount of money you need to have invested such that the returns from your investments are enough to cover your ongoing living expenses. This number is based only on your estimated annual spending in retirement and your Safe Withdrawal Rate (SWR): (Fat FIRE number) = (annual spending) / SWR10% - crypto hedge fund (this was 5%, but is performing so well relative to the rest of the portfolio that its now 10%) 2% - cash, misc. of the 75% Public Equity about 18% of that is borrowed against for RE purchases on an STR which should net ~15% annual returns. Total doesn't include primary residence. Instagram:https://instagram. vykas hard rewardsquizlet lgoingg256 white pillhow to lateral in madden 22 It’s completely reasonable to plan a fatFIRE lifestyle at $10m. But if you read this subreddit, there’s a massive chance that once you get to $9m, instead of being happy taking the win, you start imagining the cool stuff you can do with $15-30. And then you keep working for decades beyond the original plan. 11. Fat, fire and muscle–the role of adiponectin in pulmonary vascular ... Pan M, Han Y, Si R, Guo R, Desai A & Makino A (2017a). Hypoxia‐induced pulmonary ... aec parcel service trackingcablelynx R/Fatfire makes it seem much more common than it really is. I’m at a loss as to where to meet these people. Don’t get me wrong, I’m not opposed to making friends with those who are less well off. Unfortunately most people can’t afford big vacations and I want the kids to be able to have these experiences with friends.[r/FatFIRE] - Basically, there are only 3-4 reasons people sited in favor of real estate (diversification, tax deductions, monthly income or the most common was leverage). It’s definitely not as passive as it seems but it works for those that like to be more hands on with their investments. Leverage was the most response as it’s the easiest ... boyd county busted newspaper I am. I lived in the USA for 10 years but recently moved back home to the UK in 2019. The US was very generous to us and I have a son now with dual citizenship but for this part of my fatfire journey, being back in the UK is the best option due to the very very high contribution limits for SIPP and ISA. Say you invest $100 this year in each a Traditional and a Roth, while in a hypothetical 30% bracket and claim the deduction. Trad gets $100; Roth gets $70. At the end of 30 years at 6% annual, you wind up with $574.35 in Traditional and $402 in Roth. If you assume that $574.35 in Traditional is taxed at the present 30% marginal rate on ...