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CBS news says we are a "Secret FIRE Cult"
Old 11-22-2017, 04:07 PM   #1
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CBS news says we are a "Secret FIRE Cult"

This CBS video describes those of us who retire early (40's) as "a secret cult of super savers" who make a lot of sacrifices to gain financial independence.

Sounds like whoever wrote the script has spent considerable time reading the forum, even adopting our FIRE terminology.

https://www.cbsnews.com/videos/how-s...-retire-early/
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Old 11-22-2017, 04:15 PM   #2
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Fortunately, they haven't figured out how to get access to the secret handshake or the decoder ring, so we're still safe for a while.
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Old 11-22-2017, 04:17 PM   #3
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This is terrible! If masses of people figure this out then who will pay into SS?
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Old 11-22-2017, 04:18 PM   #4
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I've always wanted to be a member of a secret cult. Now I feel fulfilled.
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Old 11-22-2017, 04:18 PM   #5
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We are a "cult"? If so, I'd like to drink some kool-aid with that attractive young redhead.

REWahoo is right though... given the lingo and concepts that she is using I think she is lurking... time to come out of the shadows Jill!
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Old 11-22-2017, 04:26 PM   #6
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Good video. Seems accurate for the most part.

I laughed a little at the question, asked so innocently, "Why do you think more and more people are thinking about early retirement?"

The reporter answered with something about economic uncertainty. No way. It's because the corporate experience has become so grueling, constipated, and anti-productive.
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Old 11-22-2017, 04:28 PM   #7
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We're a cult? Who knew?


I'm surprised she (Harding) never mentioned spouse or children, or the lack thereof, as part of being FIREd.
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Old 11-22-2017, 04:29 PM   #8
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Cool! Some people call trail running a cult too, so that's two cults I'm in!


Pretty good stuff for the most part, though she talks about how much you have to save relative to your pre-retirement income rather than future expenses.
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Old 11-22-2017, 04:30 PM   #9
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I'm surprised she (Harding) never mentioned spouse or children, or the lack thereof, as part of being FIREd.
Please, lets not go down that road again, let's debate FA or no FA, paying off the mortgage early, or when to take SS instead!
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Old 11-22-2017, 04:37 PM   #10
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I did not fully retire till 55, not in my 40s. But I did work part-time starting at the age of 47. Do I belong to the "cult" or not?

Heck, I am an accidental early retiree anyway. Never planned for this, and in fact was going to work part-time forever until they pissed me off.

PS. The red-haired reporter is kind of cute. Wonder what screenname she is using here.
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Old 11-22-2017, 04:38 PM   #11
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Just to be clear...Brighthouse Financial had nothing to do with the size of my hefty investment stash.


Nice looking redhead gal though...
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Old 11-22-2017, 04:40 PM   #12
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There seems to be universal agreement that the redhead is easy on the eyes.
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Old 11-22-2017, 04:41 PM   #13
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She will not go to any ER meet-up now, as her cover has been blown.
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Old 11-22-2017, 04:48 PM   #14
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Please, lets not go down that road again, let's debate FA or no FA, paying off the mortgage early, or when to take SS instead!
I think even politics would be safer!
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Old 11-22-2017, 04:50 PM   #15
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I'll bet that reporter was the one who posed as an older DC area guy who got fired and was thinking about moving back to Minn or similar story in another thread!
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Old 11-22-2017, 05:05 PM   #16
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Talking about 40, and renting out rooms in your house or owning a multi-family unit. Are you sure she didn't infiltrate Mister Money Mustache instead?
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Old 11-22-2017, 05:49 PM   #17
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Please, lets not go down that road again, let's debate FA or no FA, paying off the mortgage early, or when to take SS instead!
So long as we are in agreement on how to factor in the value of retirement healthcare or a pension (with or wothout COLA) when we are figuring how well off we are (for bragging purposes only, of course)!

And why it is OK to order live lobster and good steaks or first class plane tickets but never buy new vehicles!
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Old 11-22-2017, 07:33 PM   #18
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So long as we are in agreement on how to factor in the value of retirement healthcare or a pension (with or wothout COLA) when we are figuring how well off we are (for bragging purposes only, of course)!

And why it is OK to order live lobster and good steaks or first class plane tickets but never buy new vehicles!
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Old 11-22-2017, 07:50 PM   #19
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PS. The red-haired reporter is kind of cute. Wonder what screenname she is using here.
Yeah, she is kinda cute in the same sense that Stephen Curry is kinda good at hoops.
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Old 11-22-2017, 07:56 PM   #20
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Just to be clear...Brighthouse Financial had nothing to do with the size of my hefty investment stash.
Had to laugh at the big old annuity ad to start it. Maybe they looked here for some information, but they didn't get the memo on annuities.
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