Financial Independence Weekly “Help Me FIRE!” thread. Post your detailed information for highly specific advice - February 01, 2021 |
- Weekly “Help Me FIRE!” thread. Post your detailed information for highly specific advice - February 01, 2021
- I'm probably less than 5 years to FIRE - is it worth it to look for a higher paying job now?
- Daily FI discussion thread - Monday, February 01, 2021
- Weekly FI Monday Milestone thread - February 01, 2021
| Posted: 01 Feb 2021 02:00 AM 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? [link] [comments]  |
| I'm probably less than 5 years to FIRE - is it worth it to look for a higher paying job now? Posted: 01 Feb 2021 06:07 AM PST Mid 30s, IT professional. Married 2 very young kids. Target FIRE age early 40s @ 3% SWR. I've been at my current company for over 6 years, so I feel like I'm overdue to change jobs to get that coveted big salary bump (say, +20% salary for changing jobs). It's always felt like the "right" thing to do at my age (prime of career?) to maximize earning power. That said, my current job is pretty chill, good work life balance and benefits - but I know I'll never get a +20% salary bump through raises/promotions at my current company. I'm not saying I wouldn't still look for the work/life balance perks in a new job, but it's always a gamble for it to pan out the way they tell you it will in the interviews. And while it feels foolish to not pursue a +20% salary bump, when I put the numbers into my FIRE calculator, it doesn't even shave a year off my time to FIRE. What are opinions on it being worth it and risk assessment here? [link] [comments]  |
| Daily FI discussion thread - Monday, February 01, 2021 Posted: 01 Feb 2021 02:00 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. [link] [comments]  |
| Weekly FI Monday Milestone thread - February 01, 2021 Posted: 01 Feb 2021 02:00 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. [link] [comments]  |
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