Agreed. I've been trying to actively participate in communities that I would otherwise just lurk in.
DogMom
joined 1 year ago
As a former programmer, I appreciate the hard work you folks are putting in so the rest of us can putter away our free time. You're doing great. Thank you.
I love not having a set schedule. Ive wanted to do volunteering somewhere just for the socializing but having to commit to a set volunteer schedule has held me back from following through on that.
Cool. I had to force myself to stop checking my balances all the time. The transition from saving to spending was very weird psychologically. There was one big dip that had me questioning my decision but I got over it pretty quick when I started thinking about going back to my old job.
Holy crap! My parents were landlords for 20 years and I was for 6 years. In all that time I've only seen a rental that bad once after a long term tenant left.
Do we have many other already FIREd folks here? I FIREd 2 years ago and kind of felt like I lost my online community was I hit my goal. I'm more than happy to share my experience with folks still in the boring middle but am hoping to find some already FIREd folks to discuss the after FIRE life too.
How about stuffed animals? Even if you don't have kids in your life, you could donate them to a kid focused charity. Ravalry has a pattern filter by yarn weight if you haven't checked that out.
My target allocation has about 25% international stocks. My opinion is that we live in a world economy and my portfolio needs to reflect that.
I discovered the FIRE community way back when ERE was still posting. I saw one of Jacob's guest post or interview on some blog I followed at the time. I thought it was a cool idea but certainly not something I could pull off. Then I saw a post detailing his budget and realized that if I paid off my student loans and trimmed some dumb spending my numbers were just a bit higher than his.
That started my journey towards FIRE and 2 years ago I retired. Ive been puttering around the house and yard working on small projects and decompressing. I was just starting to feel inspired to tackle some bucket list things when my mom started needing more help with day to day life. So my retirement plans have taken a pretty drastic hit. I joined here to help me refocus and find some inspiration for a more home bound FIRE.
When I was in the planning stages, I decided to use a 3.5% swr for my modeling based on the analysis you noted in the OP. For the first year of retirement, I just spent what I wanted to see where I landed. Turns out in this phase of my life I'm closer to 2.5%. In the next five years or so that will probably bump up closer to 3.5% but at the moment the travelling I wanted to do and the new home is on hold.
I retired 2 years ago and wanted to do the same thing. I consolidated all of my financial holdings to Fidelity. I already had a four fund portfolio set up so it is just a matter of once a year rebalancing to my desired allocation. I've been doing my withdrawals on an annual basis when I rebalance and manufacture income for ACA purposes. I use my cash management as a checking account so I don't have to transfer money when I need it. I use a credit card for all purchases so it's just a matter of logging in once a month to pay off the credit card. That's about as hands off as I could get it. So far it's working well.
Yep, it's pretty quiet here. What areas of personal finance interest you most? What sort of conversations are you looking to have?
I got into the early retirement movement and subsequently optimizing my spending and investing. In general I like to talk about money matters because most people don't like to discuss money IRL.