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    Financial Independence Daily FI discussion thread - August 01, 2020

    Financial Independence Daily FI discussion thread - August 01, 2020


    Daily FI discussion thread - August 01, 2020

    Posted: 01 Aug 2020 01:09 AM PDT

    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
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    Those planning to FIRE within the year, what kind of bond tent are you using?

    Posted: 01 Aug 2020 07:29 AM PDT

    It just seems to me like both munis and corporate bonds may have unusual risks with the upheaval in the economy. Currently it is papered over by congress and the Fed, but I don't know how long that can or will continue, especially in the case of the solvency of cities.

    Just wondering what investment types you are holding for your first few years of FIRE.

    submitted by /u/BurnVictimTrashMan
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    Return-to-work programs for when FIRE doesn't work out?

    Posted: 31 Jul 2020 06:37 PM PDT

    Recently I was looking through various companies' career postings and noticed that some of them have postings specifically for people who have been out of the workforce for years but wants to return. They're usually called "return-to-work" or something along that line. While most of these programs target professional women who wants to return after raising kids, some of them are more general.

    One of the main concerns people have when deciding a FIRE target and withdrawal percentage is the sequence risk that may lead to potentially running out of money while being jobless.

    If these return-to-work programs become more prevalent in the future, would having a higher withdrawal rate be acceptable? A person will be able to retire earlier and only in a very bad market scenario will have to resort to entering the work force again, but as a professional instead of a low-end job like the stereotypical Walmart greeter.

    submitted by /u/FinanceAnon1
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