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Old 10-27-2015, 10:51 PM   #61
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My conclusion early on was that MMM were mostly all just aspiring... Few if any had actual proven success. Even mr mmm himself writes a blog and makes some coin on that web site too .... And he is on here and in this very thread if I'm not mistaken !

By contrast those here at RE were doing or already are done and FIREd. I Preferred to take my advice from those who are doing or already did it.... That was several years ago.

Result: I FIREd at 45.... Earlier this year. In part I can Thank RE.org.

Someone else mentioned penny smart and pound foolish. That hit the nail on the head once I read MMM. Lots of dreamers over there ... Nothing wrong with dreaming but ...
Yeah, the more I read, the more I see that pattern -- people in their 20s and 30s, aspiring to be financially independent one day... As a 54 year old guy who's already reached FI, it feels sort of redundant.

Article on the MMM front page: "Google employee lives in his truck in the parking lot, saves 90% of his income." Text: "Must be a mustacian."

Good forum, though. Wish I'd had it when I was 30. I'm sure the forumers are well ahead of their peers. They are certainly well ahead of me at that age. Maybe I should've lived in my truck.
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Old 10-27-2015, 11:03 PM   #62
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Originally Posted by papadad111 View Post
My conclusion early on was that MMM were mostly all just aspiring... Few if any had actual proven success. Even mr mmm himself writes a blog and makes some coin on that web site too .... And he is on here and in this very thread if I'm not mistaken !

By contrast those here at RE were doing or already are done and FIREd. I Preferred to take my advice from those who are doing or already did it.... That was several years ago.

Result: I FIREd at 45.... Earlier this year. In part I can Thank RE.org.

Someone else mentioned penny smart and pound foolish. That hit the nail on the head once I read MMM. Lots of dreamers over there ... Nothing wrong with dreaming but ...
Feel free to blow his cover.....screen name??
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Old 10-28-2015, 12:09 AM   #63
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There are a few of us on here who have retired in our 40's with good sized portfolios and kids still in school.

I retired at 43 after sell a business. That was 3 years ago [now 46] and it has been a rollercoaster. PM me if you want any private advice or experience shares.

Sent from my SM-T237P using Early Retirement Forum mobile app

I'm 45 with 2 young kids and plan to RE next year. In some aspects I am frugal... I like washing my own cars, doing my own landscaping, heck... I even cut my own hair. In other areas I don't mind spending money, like private school for my kids, a fun car and a couple rental/vacation condos in Hawaii. I really enjoy visiting this forum, with its mix of advice and comments. I have built a pretty good nw over the years, but I am still a little anxious about er. Threads like this one, help keep me focused on my goals. Thanks everyone!


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Old 10-28-2015, 04:13 PM   #64
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He doesn't joke. Lady Gaga over there shut me down because I had a comma splice.
Perhaps a descendant of this guy....



And this one is a current relative...

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Old 10-28-2015, 08:17 PM   #65
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I have been to the BH forum a couple of times, and got bored fast. It's like walking into a place of worship. Why would you want or care to interrupt a fervent crowd chanting a mantra to challenge or question their belief? Some places or countries on earth impose a death sentence to people bringing in a foreign religious object or practice. Why would I want to visit such places, if I do not share their religion? And if these people do not tolerate other views, perhaps they should stay where they are, and should not be allowed into other countries either. I digress, but hope that you see the analogy of ideologue.

About MMM, I have visited it once or twice. It's good to see people practicing frugality and avoiding consumerism. But as I am now in the "distribution" and not the "accumulation" phase of my life, I find more like-minded posters on this ER.org forum.
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Old 10-28-2015, 10:41 PM   #66
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I agree. Demographically, I feel closer to the MMM crowd but I prefer the ER.org vision of retirement.....I just wish there were more of us FIREes in their 30s and 40s here.

I am in my 30s and sometimes I get the impression that everybody here is significantly older than me, but actually it seems like quite a few 30-49 year olds are here but we don't talk as much because of that pesky job keeping us busy. So don't feel lonely, we are here 😀

I also feel demographically and financially closer to the MMM crowd, but it's too militant for me. I'm pretty frugal, but I'm not "you are an idiot for paying $9 to go to the movies!!" frugal. I will probably retire with well under a million in investable assets (closer to .5 million) although I hope to have a pension that makes up for that quite a bit. I'm with you, the ER.org vision of retirement is more my speed, all things considered.


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Old 10-29-2015, 05:25 AM   #67
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I am in my 30s and sometimes I get the impression that everybody here is significantly older than me, but actually it seems like quite a few 30-49 year olds are here but we don't talk as much because of that pesky job keeping us busy. So don't feel lonely, we are here 😀

I also feel demographically and financially closer to the MMM crowd, but it's too militant for me. I'm pretty frugal, but I'm not "you are an idiot for paying $9 to go to the movies!!" frugal. I will probably retire with well under a million in investable assets (closer to .5 million) although I hope to have a pension that makes up for that quite a bit. I'm with you, the ER.org vision of retirement is more my speed, all things considered.


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So far, as the new guy in town, I see this site as offering much for everyone at any age, income, NW. As others have said, there is much to admire about MMM, however, after spending some time there, it did feel more cultish. Here, I feel like everyone's individual situations/goals/wants are more accepted without anyone telling you that you deserve a face punch because went Starbucks or don't have solar panels on your roof. We all have different ideas of what we want and what is important to us individually. It's nice to see how others are "doing it" and apply some of the principles to get where ever you want to go. I think the principles apply whether your goal is $25K or $250K in RE income... good stuff for all
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Old 10-29-2015, 09:54 PM   #68
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So far, as the new guy in town, I see this site as offering much for everyone at any age, income, NW. As others have said, there is much to admire about MMM, however, after spending some time there, it did feel more cultish. Here, I feel like everyone's individual situations/goals/wants are more accepted without anyone telling you that you deserve a face punch because went Starbucks or don't have solar panels on your roof. We all have different ideas of what we want and what is important to us individually. It's nice to see how others are "doing it" and apply some of the principles to get where ever you want to go. I think the principles apply whether your goal is $25K or $250K in RE income... good stuff for all
This. I think ER.ORG is a good example of different ways to get to different goals. We have young, old, FI, RE, FIREd, and all in between. Even more, there is respect. Perhaps it's the moderators (which manage the forum very well!) But of all the forums I'm involved in, this one has the best 'vibe'.

To me, MMM is a bunch of hipsters...and that makes it pretty annoying.

Sent from my mobile device so please excuse grammatical errors.
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Old 10-30-2015, 12:37 AM   #69
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So far, as the new guy in town, I see this site as offering much for everyone at any age, income, NW. <snip> Here, I feel like everyone's individual situations/goals/wants are more accepted without anyone telling you that you deserve a face punch because went Starbucks or don't have solar panels on your roof. We all have different ideas of what we want and what is important to us individually.
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This. I think ER.ORG is a good example of different ways to get to different goals. We have young, old, FI, RE, FIREd, and all in between. Even more, there is respect. Perhaps it's the moderators (which manage the forum very well!) But of all the forums I'm involved in, this one has the best 'vibe'.
Completely agree with both posts. I really enjoy it here. MMM seems too anti-establishment while BH seems way too PC, conservative and geared towards wealth building.

The vibe of the crowd here makes me think of lounging by the beach, reading a book while sipping piņa coladas.
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Old 10-30-2015, 04:24 AM   #70
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I visit and post on all 3 sites but definitely fit in best here.

The only reason I go to MMM these days is to visit the forum area entitled Antimustachian Wall of Shame & Comedy. I do find a lot of those posts and comments entertaining.
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Old 10-30-2015, 11:14 AM   #71
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I spend a lot of time at MMM because I find it so inspiring, and its forum members are so helpful. Got a question? They're right on it. They're also pretty darn forgiving of my steep learning curve.

Demographically and financially, this forum is probably a better fit for me, and I've started to spend more time reading here, but haven't participated much yet.

I don't got to BH much anymore - not since they took away the "make font size bigger" button. I can't read it!

I'm 51, DH is 50, net worth crested $2M in May, and now... it's back under that, dagnabit.

I love thinking about retirement and researching unicorns, by which I mean LCOL places with great hospitals. We have some big expenses coming up in the next ten years - private high school for our only child, college, and a house for us (we currently live in provided housing at my husband's job). So for this stretch, visiting MMM and ER.org instead of shopping at Zappos seems like a good use of my time and energy. And I LIKE the people on these forums - they tend to be rational, practical, friendly folk.
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Old 10-30-2015, 11:26 AM   #72
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I would probably like MMM if I were 30 again. I'm of the age now where I want to live a little while still keeping an LBYM mindset.

I also enjoy ER for the variety of people. We have some diversity here, and it is pretty respectful. For example: people are open on the subject of religion or lack thereof, yet there is respect from each side. Thank you.

And speaking of age diversity, I'm a bit worried about imoldernu. He dropped off 6 weeks ago. I hope it is just an IL to FL move or something like that. He's gone silent before, but this time it is worrying me a bit.
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Old 10-30-2015, 12:15 PM   #73
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I spend a lot of time at MMM because I find it so inspiring, and its forum members are so helpful. Got a question? They're right on it. They're also pretty darn forgiving of my steep learning curve.

Demographically and financially, this forum is probably a better fit for me, and I've started to spend more time reading here, but haven't participated much yet.

I don't got to BH much anymore - not since they took away the "make font size bigger" button. I can't read it!

I'm 51, DH is 50, net worth crested $2M in May, and now... it's back under that, dagnabit.

I love thinking about retirement and researching unicorns, by which I mean LCOL places with great hospitals. We have some big expenses coming up in the next ten years - private high school for our only child, college, and a house for us (we currently live in provided housing at my husband's job). So for this stretch, visiting MMM and ER.org instead of shopping at Zappos seems like a good use of my time and energy. And I LIKE the people on these forums - they tend to be rational, practical, friendly folk.

Anywhere in Ohio is LCOL with arguably some of the best hospitals in the world, including children's hospitals.

Back on topic - my retirement plan fits in better here, but I post a lot more on MMM because I do a lot of DIY projects and have rentals. I bring more value to those posts than I would here with anything investment or financial related.
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Old 10-30-2015, 07:18 PM   #74
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And speaking of age diversity, I'm a bit worried about imoldernu. He dropped off 6 weeks ago. I hope it is just an IL to FL move or something like that. He's gone silent before, but this time it is worrying me a bit.
Thanks for noticing his absence. I tend to notice frequent posters but not when someone doesn't post for a while. I enjoy his posts and his perspective.
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Old 10-30-2015, 08:23 PM   #75
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I have been to the BH forum a couple of times, and got bored fast. It's like walking into a place of worship. Why would you want or care to interrupt a fervent crowd chanting a mantra to challenge or question their belief? Some places or countries on earth impose a death sentence to people bringing in a foreign religious object or practice. Why would I want to visit such places, if I do not share their religion? And if these people do not tolerate other views, perhaps they should stay where they are, and should not be allowed into other countries either. I digress, but hope that you see the analogy of ideologue.

About MMM, I have visited it once or twice. It's good to see people practicing frugality and avoiding consumerism. But as I am now in the "distribution" and not the "accumulation" phase of my life, I find more like-minded posters on this ER.org forum.


I still like 'dryer sheets', The Four Yorkshiremen', and '33% That's My Story' from the early days. BUT if you stay cheap enough long enough - as in 20 yrs plus one gets older and less frugal cause time in the market works it's magic.

Plus you can't take it with you or so I've heard.

heh heh heh - and I have pals at the IRS now past 70 1/2.
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Old 10-30-2015, 10:04 PM   #76
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Thanks for noticing his absence. I tend to notice frequent posters but not when someone doesn't post for a while. I enjoy his posts and his perspective.
Funny you mention this, I was up late last night with random thoughts and it occurred to me that I hadn't seen any of his posts lately. Anyone have contact info for him outside of the forum?

Sent from my mobile device so please excuse grammatical errors.
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Old 10-31-2015, 08:36 AM   #77
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I occasionally look at MMM. I do most of my posting on here or Bogleheads. (I actually learned about this site from BH).
Being 59, and retired three years, I have more in common with the folks on these boards then on MMM.
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Old 10-31-2015, 10:07 AM   #78
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I spend a lot of time at MMM because I find it so inspiring, and its forum members are so helpful. Got a question? They're right on it. They're also pretty darn forgiving of my steep learning curve.

Demographically and financially, this forum is probably a better fit for me, and I've started to spend more time reading here, but haven't participated much yet.

I don't got to BH much anymore - not since they took away the "make font size bigger" button. I can't read it!

I'm 51, DH is 50, net worth crested $2M in May, and now... it's back under that, dagnabit.

I love thinking about retirement and researching unicorns, by which I mean LCOL places with great hospitals. We have some big expenses coming up in the next ten years - private high school for our only child, college, and a house for us (we currently live in provided housing at my husband's job). So for this stretch, visiting MMM and ER.org instead of shopping at Zappos seems like a good use of my time and energy. And I LIKE the people on these forums - they tend to be rational, practical, friendly folk.
We are also looking at private HS for our kiddo and college after that. I have the feeling it would be scoffed at MMM. We are older than the MMM demographic (40s/50s).
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Old 10-31-2015, 12:13 PM   #79
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I don't got to BH much anymore - not since they took away the "make font size bigger" button. I can't read it.
On any web page, you can hold down the "control" (ctrl) button and roll the wheel on the mouse to increase (or decrease) font size.

Or, go to "view" located on the menu bar and choose "zoom" which will also increase text size.
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Old 10-31-2015, 12:18 PM   #80
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We are also looking at private HS for our kiddo and college after that. I have the feeling it would be scoffed at MMM. We are older than the MMM demographic (40s/50s).
Private HS and college? You definitely need a punch in the face for that.

Seriously though, I'm 31 so age-wise, I'd probably be a good candidate for MMM. However, I just don't fancy depriving myself now to achieve super, super, super early retirement just so I can deprive future me some more when I'm retired. Having lots of free time to pursue my passions and hobbies would sure be nice but not if it means I couldn't afford to pursue my passions and hobbies.
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