Financial Independence best of 2019 - r/FinancialIndependence - Nominations

---

• best of 2019 - r/FinancialIndependence - Nominations
• Daily FI discussion thread - January 06, 2020
• Weekly FI Monday Milestone thread - January 06, 2020
• LCOL/MCOL/HCOL areas defined
• What would you consider to be the single most important aspect of reaching FI?
• Retirement Account Rules Change Risk Factor
• Weekly “Help Me FIRE!” thread. Post your detailed information for highly specific advice. - January 06, 2020
• Age limit...

best of 2019 - r/FinancialIndependence - Nominations Posted: 28 Dec 2019 05:19 PM PST Reddit has begun its annual Best Of Awards campaign for 2019 and we here at /r/financialindependence are participating. That means we have been given a ton of Reddit Awards and since we can't figure out how to convert this to VTSAX, we figured it be best to give it away. We encourage everyone to participate in the nominations. Categories with number of top posts to be awarded: Best Overall Contributor (4 platinum awards) Best Overall Submission/Topic (4 platinum awards) Best Daily Discussion Helper (2 platinum awards) Best 'Help Me FIRE' Helper (2 platinum awards) Wild Cards (anything that doesn't fit into one of the other categories - such as best comment answer, best inspiring victory/follow up, most in-depth spreadsheet, and more!) (3 platinum awards) Community Superlative - for those who best fit our community (Most mang of the mangs, Most put into VTSAX, Jolly-est GFY, etc). Feel free to make up your own superlative and nominate someone for it! (upto 6 gold awards) Ground rules: Only original posts from 2019 are allowed. Each category will have its own top-level comment below. Post your nominations under the appropriate category comment and provide a link to the original Reddit post as well as the nominee's username. In order for this to go as smoothly as possible, we ask that you do not post the direct link to the image or article, just the link to the original Reddit post. Please make a new comment for each separate nomination. You can nominate 3 entries per category, but you cannot nominate yourself, and your account must be at least 90 days old and have positive karma to participate. You can vote on as many entries as you like. Upvote the nominations that you like under each category. This post will be in "Contest Mode" for the duration of the voting period, which means that the order in which nominations are sorted will be random and scores hidden to make the contest as fair as possible. All general discussion should be kept to the 'General Discussion' category. Please use the voting categories only for nominations, not discussion. The winners from each category will be based on the most upvoted comment containing a submission link. A person cannot win twice in the same category, and will be capped at three total wins. Any banned or suspended accounts are not eligible. If any categories don't have enough nominations that get upvoted, additional winners from other categories will be selected. It should go without saying, but all normal subreddit rules are still in effect for this post. How will winners be announced? Winners will be announced in a follow-up post after all the votes are tallied. Reddit awards will be sent out after that post goes live. What if I have questions? Message the moderators with any questions. Thank you for helping make /r/financialindependence such a great subreddit in 2019! Good luck to all the nominees and we look forward to what's in store for us in 2020! submitted by /u/CripzyChiken [link] [comments]

Daily FI discussion thread - January 06, 2020 Posted: 06 Jan 2020 12:10 AM PST Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply! Have a look at the FAQ for this subreddit before posting to see if your question is frequently asked. Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts. submitted by /u/AutoModerator [link] [comments]

Weekly FI Monday Milestone thread - January 06, 2020 Posted: 06 Jan 2020 12:10 AM PST Please use this thread to post your milestones, humblebrags and status updates which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply! Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts. submitted by /u/AutoModerator [link] [comments]

LCOL/MCOL/HCOL areas defined Posted: 06 Jan 2020 05:09 PM PST What's your guys take on what these mean as far as home price? Because that's the largest factor in your monthly spend. Say a 2000-2500 sqft family home in a good school district. LCOL = $200-400k MCOL= $500-700k HCOL= $ 800-1mil+ submitted by /u/Hockey48482002 [link] [comments]

What would you consider to be the single most important aspect of reaching FI? Posted: 06 Jan 2020 04:47 PM PST If you had to pick one thing, what would it be? (e.g. discipline, staying focused on the goal, frugality, real estate investments, stocks, etc.) submitted by /u/imkingferrari [link] [comments]

Retirement Account Rules Change Risk Factor Posted: 06 Jan 2020 03:24 PM PST Many, if not most of those pursuing FIRE utilize tax advantaged, government controlled retirement accounts. Most of the changes are good, such as contribution limit increases and the ability to do simple direct 401k roll overs. But this isn't always the case, such as the recent rule making IRA recharacterization prohibited. Does the prospect of a bigger policy change with negative-effects factor into your FIRE plans? (i.e. recent pension changes in France) If so, how do you compensate for that risk and if not, why not? submitted by /u/DenaliRaven [link] [comments]

Weekly “Help Me FIRE!” thread. Post your detailed information for highly specific advice. - January 06, 2020 Posted: 05 Jan 2020 10:09 PM PST Need help applying broader FIRE principles to your own situation? We're here for you! Post your detailed personal "case study" and ask as many questions as you like, or help others who've done the same. Not sure if your questions pertain? Post them anyway…you might be surprised. It'll be helpful to use our suggested format. Simply copy/paste/fill in/etc. But since everybody's situation is different, feel free to tailor your layout to your needs. -Introduce yourself -Age / Industry / Location -General goals -Target FIRE Age / Amount / Withdrawal Rate / Location -Educational background and plans -Career situation and plans -Current and future income breakdown, including one-time events -Budget breakdown -Asset breakdown, including home, cars, etc. -Debt breakdown -Health concerns -Family: current situation / future plans / special needs / elderly parents -Other info -Questions? submitted by /u/AutoModerator [link] [comments]

Age limit... Posted: 06 Jan 2020 04:25 PM PST What is the upper age limit of FIRE? Ie: I retire when I am 59 or 54 is that still considered FIRE? submitted by /u/whiteorchidgirl [link] [comments]

You are subscribed to email updates from financial independence / early retirement. To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States