Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Working Backwards to FIRE
Old 11-09-2011, 11:54 PM   #1
Dryer sheet aficionado
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.


Tif7 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 11-10-2011, 01:50 AM   #2
Thinks s/he gets paid by the post
obgyn65's Avatar
Join Date: Sep 2010
Location: midwestern city
Posts: 4,061
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.
obgyn65 is offline   Reply With Quote
Old 11-11-2011, 06:57 PM   #3
Thinks s/he gets paid by the post
walkinwood's Avatar
Join Date: Jul 2006
Location: Denver
Posts: 3,114

An interesting way to look at the problem & to keep yourself motivated.
walkinwood is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Getting Motivated to Travel During FIRE Corporate ORphan Life after FIRE 47 09-04-2011 08:30 PM
Divorce an Enabler for FIRE? Ozziedreamer FIRE and Money 105 08-05-2011 05:26 PM
Debt free for 50th Birthday, and planning FIRE convergent Hi, I am... 11 07-07-2011 06:55 PM
What percent of my income should I be saving in order to FIRE? nico08 FIRE and Money 23 07-06-2011 11:03 AM

» Quick Links

All times are GMT -6. The time now is 01:25 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.