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Working Backwards to FIRE
Old 11-09-2011, 10:54 PM   #1
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Join Date: Nov 2011
Posts: 48
Working Backwards to FIRE

Hi. I've been a lurker for a while. Learned a lot from many here, thank you. Decided it's time to sign up and contribute.

Basics - mid 30's, single, mega corp, like the meat of the work, hate the fixings it comes with. Will relentlessly pursue my passion once I figure out what it is. Calculated risk taker. Deceptively fat.

Income allocation - 10% committed long term investments (illiquid), 20% traditional retirement vehicles, 20% short/medium term aspirations, 50% covering everything else (food, shelter, taxes, condoms, etc.)

Asset allocation - 20% small/mid cap US, 20% large cap US, 40% non-US, 10% REIT, 10% flavor of the day/month/year.

Unlike most I plan for my retirement years backwards. I assume a planning horizon to age 100 and build up savings for the later years first. I project my current savings will cover ages 99-68. At some point the lower end will equal my age and I will feel comfortable pulling the plug .if I want.


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Old 11-10-2011, 12:50 AM   #2
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Join Date: Sep 2010
Location: midwestern city
Posts: 4,062
Welcome, Tif7.

Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
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Old 11-11-2011, 05:57 PM   #3
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Location: Denver
Posts: 2,433

An interesting way to look at the problem & to keep yourself motivated.
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