Recent content by PoF

I'd max out I Bonds first. The rate's not locked in, but it's near 10% for the first six months.

Money is fungible, and I don't think the market conditions should dictate what you do with dividends. My preferred approach is to have auto-reinvestment turned off. This also helps in the event that you can do some tax loss harvesting, you will avoid accidental wash sales. If you have no use...

We flew here to Medellin the week after you. Used the COPA app to check in since we had no checked bags. When the line started forming at the gate, we got in line. At the front of the line, I had our boarding passes pulled up on the app and passports in hand. They said we needed paper...

There's also the scenario in which taxable lots with a low cost basis are donated. We donate directly from our brokerage account to a Vanguard Charitable DAF, and nobody pays any capital gains on those lots.

Definitely not.

This anesthesiologist wouldn't dream of doing such a thing or recommend it to anyone for the purpose of gaining an inch or two of height. Be grateful for what you have, and avoid the numerous potential life-altering complications.

There's nothing new in the article. It says the FI part will be emphasized, and that people will continue to pursue passions that may or may not lead to the generation of income. That finding purpose is important and idleness is not so great. That's been the message from most of us in the FIRE...

Time for a new doctor? Sounds like your physician is out of touch. He may also be jealous. I assure you that there is a generation of doctors very much interested in early retirement, for their patients and in many cases, for themselves. I've been out of the profession for three months now and...

43 with a family of 4. I looked into health sharing ministries, but opted for a bronze plan. Also looked into the open market a bit, but there wasn't anything different or better than we were able to find on the exchange. We'll be paying $909 a month for a family of four. No subsidy, but we...

I like how the article turned out. I'm not sure how I got asked for a quote as the "ordinary American" who made FIRE a possibility on $400,000 a year. I did refer the author to Jillian a.k.a. Ms. Montana, who is far more photogenic than I. I'm the guy with the monkey on his back and the second...

I don't think I want to read the comments. The Jensens are friends of ours. I've eaten in that kitchen, and they've eaten in ours even though we live 1000 miles away. It's always interesting when commenters' first reaction is some combination of "they're lying," "they're living like paupers,"...

I plan to fatFIRE next year. Some like to define it as having a really low withdrawal rate, but to me it makes more sense to define fatFIRE as having an above-average spending rate. I think I'll qualify under either definition, planning on a budget that could approach six figures, depending...

I'm 90 / 10 at age 42. Breakdown as follows:

I think the author would take the most issue with someone who chose medical school with no intention of following through in a career in medicine. For example, someone who want the MD to get a better job in the medical device or pharmaceutical industry. We should all be allowed to change our...

Most of them don't, at least not according to the NAPL survey. There is a bimodal distribution with BigLaw guys making good money and the average lawyer earning around $80,000 or less.