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Fuego featured in story on CNBC web site
03-30-2016, 07:53 AM
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#1
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Thinks s/he gets paid by the post
Join Date: Apr 2012
Location: Nashville
Posts: 2,506
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Fuego featured in story on CNBC web site
Nice to see news about active forum members: How I retired at 33 and so can you
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OMY * 3 2ish Done 7.28.17
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03-30-2016, 08:23 AM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: Les Bois
Posts: 5,761
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Nice! All the naysayers in the comments are pretty funny.
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You can't be a retirement plan actuary without a retirement plan, otherwise you lose all credibility...
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03-30-2016, 08:29 AM
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#3
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Thinks s/he gets paid by the post
Join Date: Jan 2013
Posts: 3,413
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With the usual helping of "this isn't possible" and "there is hidden money somewhere" comments.
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03-30-2016, 08:29 AM
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#4
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,501
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Great article, and congratulations to FUEGO for doing such a great job in designing a successful ER at such a young age.
Also, great photo - - what a nice looking family!
I think the comments are full of "sour grapes" written by those who just don't want to LBYM as much as FUEGO and family have done.
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Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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03-30-2016, 08:32 AM
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#5
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Thinks s/he gets paid by the post
Join Date: Apr 2012
Location: Nashville
Posts: 2,506
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Quote:
Originally Posted by Big_Hitter
Nice! All the naysayers in the comments are pretty funny.
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OMG. You made me look. (There were a few good comments though. And I would be with them--both of those bloggers made deliberate and well-informed choices that DW and I did not want to make, and we don't regret taking a different path to a much later, but still relatively early, retirement; more power to Justin/Jeremy and their lovely wives though!)
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OMY * 3 2ish Done 7.28.17
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03-30-2016, 08:49 AM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: Les Bois
Posts: 5,761
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^^ yes, proud of them!
huge lifestyle inflation victim here, I'm actually about to go look at a c4 vette convertible that I don't need
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You can't be a retirement plan actuary without a retirement plan, otherwise you lose all credibility...
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03-30-2016, 09:06 AM
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#7
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,212
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Nice article. The comment that had me most disturbed was the one that said:
Quote:
You think that wife will.stsy around on the cheap.u are high. I think I. May travel thee and do her
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It suggests that
a) the wife is not a participant in this - and is just hanging around for a paycheck from hubby and just a consumer rather than earning money, saving money, working towards the goal on her end.
b) the wife would have *anything at all* to do with a random stranger on the internet who shows up there to do her. (Is that a threat of rape?) These wives are clearly intelligent and had high incomes of their own - and are just as committed to the ER lifestyle.
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Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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03-30-2016, 09:24 AM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2005
Posts: 10,252
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While is it true that FUEGO retired a few years ago, here is his post about his wife working all through 2015:
http://www.early-retirement.org/foru...ml#post1700549
Quote:
We had another successful year of negative federal income tax in spite of DW working the whole year in 2015 (since retired).
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And for the commenters that asked about healthcare ... this is also explained in the above post.
So ... I must say that the article did not fully explain the entire situation. For instance, despite the mention of SS, FUEGO is paying lots of FICA tax.
BTW, my wife still works, too.
Nevertheless, congrats to FUEGO and lets hope everybody sees the light.
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03-30-2016, 09:34 AM
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#9
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gone traveling
Join Date: Mar 2016
Location: Massapequa Park
Posts: 4
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That's how I found this place, and glad I did.
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03-30-2016, 09:46 AM
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#10
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2007
Posts: 7,746
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Quote:
Originally Posted by rodi
Nice article. The comment that had me most disturbed was the one that said:
It suggests that
a) the wife is not a participant in this - and is just hanging around for a paycheck from hubby and just a consumer rather than earning money, saving money, working towards the goal on her end.
b) the wife would have *anything at all* to do with a random stranger on the internet who shows up there to do her. (Is that a threat of rape?) These wives are clearly intelligent and had high incomes of their own - and are just as committed to the ER lifestyle.
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That was the worst comment? That was my favorite comment. Not only do Jeremy and I have trophy wives but they also worked (and in my case, worked for 2 years longer than me!).
I haven't added it up, but I bet Mrs. RootofGood and I ended up making about the exact same thing over the course of our lives. She worked full time a little longer than me and ended with a slightly higher salary (but with better benefits) however started her career earning a little less. Between her and I taking time off to care for our 3 kids I'd say we are close enough.
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Retired in 2013 at age 33. Keeping busy reading, blogging, relaxing, gaming, and enjoying the outdoors with my wife and 3 kids (8, 13, and 15).
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03-30-2016, 09:48 AM
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#11
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2007
Posts: 7,746
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Quote:
Originally Posted by LOL!
So ... I must say that the article did not fully explain the entire situation. For instance, despite the mention of SS, FUEGO is paying lots of FICA tax.
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Rarely does the full story get published. I've done a few podcast interviews across the personal finance/FIRE realm and even during the course of an hour it's not possible to get the full, complete story with details.
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Retired in 2013 at age 33. Keeping busy reading, blogging, relaxing, gaming, and enjoying the outdoors with my wife and 3 kids (8, 13, and 15).
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03-30-2016, 09:56 AM
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#12
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2011
Location: NC Triangle
Posts: 5,807
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It's nice to see you list your blog in your profile here - good job all around!
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03-30-2016, 10:01 AM
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#13
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Moderator Emeritus
Join Date: Aug 2007
Location: Northern Illinois
Posts: 16,603
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Congrats Fuego! And thanks for sharing your story.
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03-30-2016, 10:34 AM
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#14
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Full time employment: Posting here.
Join Date: May 2010
Posts: 862
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Congrats Fuego !! And congrats to your lovely wife as well !
A well deserved ER, for sure !!
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03-30-2016, 10:41 AM
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#15
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2011
Posts: 8,421
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Quote:
Originally Posted by rodi
Nice article. The comment that had me most disturbed was the one that said:
It suggests that
a) the wife is not a participant in this - and is just hanging around for a paycheck from hubby and just a consumer rather than earning money, saving money, working towards the goal on her end.
b) the wife would have *anything at all* to do with a random stranger on the internet who shows up there to do her. (Is that a threat of rape?) These wives are clearly intelligent and had high incomes of their own - and are just as committed to the ER lifestyle.
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I found that comment (not yours) sad and offensive for this forum. First time I have cringed in the forum. Glad to see it has been removed.
__________________
Living well is the best revenge!
Retired @ 52 in 2005
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03-30-2016, 11:34 AM
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#16
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Posts: 17,244
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Ut Oh... are we going to have to debate if he really is retired since he is blogging like MMM
It did not say if Fuego makes money, but it did say the other guy makes $40K which is his expenses... so he is not using his 'stash'...
But, congrats Fuego on retiring so young... I will send this link to my son...
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03-30-2016, 11:56 AM
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#17
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Recycles dryer sheets
Join Date: Oct 2011
Location: Hillsboro MO / Dunedin FL
Posts: 79
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FUEGO, congrats to you and your bride on your major milestone! ! I retired this year at 58 and it truly is what it's cracked up to be. I met Jeremy in Ecuador last year and he's nothing like the commenters are trying to paint him. Amusing and sad at the same time.
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03-30-2016, 12:45 PM
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#18
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Charleston, SC
Posts: 13,566
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Nice article and a nice family. Good to see our community painted in a positive light in the national press.
I also (insert evil laugh) sent a link to it to my hyper-consumer co-worker who is currently cornering the market on baby supplies for her new addition. She came to my door and say that the article made her sad. LOL! That's my job, after all, reminding them that these are choices. Glad I could use Fuego as an example.
__________________
“One day your life will flash before your eyes. Make sure it's worth watching.”
Gerard Arthur Way
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03-30-2016, 12:47 PM
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#19
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Thinks s/he gets paid by the post
Join Date: Apr 2012
Location: Nashville
Posts: 2,506
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Quote:
Originally Posted by Sarah in SC
... She came to my door and say that the article made her sad. ....
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Wow. Given the nature of your profession (and, presumably hers?), that is truly sad!
__________________
OMY * 3 2ish Done 7.28.17
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03-30-2016, 12:53 PM
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#20
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Charleston, SC
Posts: 13,566
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That she's a looooong way from early retirement. She's also in her 20s, FWIW, and I guess until I pointed this article out, she thought ER meant 50. Heh heh heh.
She's plenty smart (CFA, no less) but very "nice house, new car, cute outfits". A perfect foil for me, lol.
__________________
“One day your life will flash before your eyes. Make sure it's worth watching.”
Gerard Arthur Way
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