View Poll Results: Fat FIRE II - What is your overall FIRE level - retirement and non-retirement $$ only
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Under 500k
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6 |
2.31% |
501k to 1 mm
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11 |
4.23% |
1 mm to 1.5 mm
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16 |
6.15% |
1.5 mm to 2 mm
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37 |
14.23% |
2 mm to 2.5 mm
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24 |
9.23% |
2.5 mm to 3 mm
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21 |
8.08% |
3 mm to 4 mm
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49 |
18.85% |
4 mm to 6 mm
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45 |
17.31% |
6 mm to 10 mm
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29 |
11.15% |
10 mm +
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22 |
8.46% |
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05-25-2021, 11:50 AM
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#1
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Recycles dryer sheets
Join Date: Oct 2015
Posts: 86
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Poll: Fat FIRE II
Kicking off a poll to better understand where folks are at with useable assets, retirement and non-retirement funds only. Please exclude house(s), boats or that Lambo from your childhood dreams... ;-)
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05-25-2021, 12:04 PM
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#2
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Administrator
Join Date: Apr 2006
Posts: 23,036
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It's your poll, so you can ask whatever you want. In my view, however, you're still not going to get an accurate picture of the lifestyles of the rich and famous people on this board. You could, for example, have far less than $500k in your investment portfolio, but if you are pulling in $250k per year in pension/social security income, you'll be living pretty high on the hog.
__________________
Living an analog life in the Digital Age.
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05-25-2021, 12:20 PM
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#3
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Recycles dryer sheets
Join Date: Oct 2015
Posts: 86
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Agree but I see that as a different poll, it would be difficult at best to try and poll two different data points given the available poll functionality.
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05-25-2021, 12:28 PM
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#4
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Thinks s/he gets paid by the post
Join Date: Apr 2008
Posts: 2,024
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I am not going to click on the poll results. I don't need to see that we are not keeping up with the Jones.
Now off to see if someone new to the forum has posted whether they should retire early in their 50s with an $8+ million portfolio ...
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05-25-2021, 12:52 PM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2016
Posts: 9,514
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Quote:
Originally Posted by statsman
I am not going to click on the poll results. I don't need to see that we are not keeping up with the Jones.
Now off to see if someone new to the forum has posted whether they should retire early in their 50s with an $8+ million portfolio ...
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To some that question is stupid or their thinking someone is bragging about their portfolio etc..
At one time I asked that question and was ridiculed for asking such a question. I really didn't know and was asking if I had enough and I guess I was very naïve. I had no idea I could retire, and I always respect that same question when asked.
I will take part in this poll, the last one was not of interest to me at all.
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05-25-2021, 01:00 PM
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#6
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,211
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I assume that, unlike the recent poll, this does not include primary home. I assume this is investible assets that can generate income in the form of cap gain, div, withdrawals, or rent for non primary real estate
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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05-25-2021, 02:26 PM
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#7
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 11,298
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Quote:
Originally Posted by street
[/B]
To some that question is stupid or their thinking someone is bragging about their portfolio etc..
At one time I asked that question and was ridiculed for asking such a question. I really didn't know and was asking if I had enough and I guess I was very naïve. I had no idea I could retire, and I always respect that same question when asked.
I will take part in this poll, the last one was not of interest to me at all.
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True with your example, but then we also see questions of can I BTD for 15k/25k with a large portfolio............
__________________
TGIM
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05-25-2021, 02:38 PM
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#8
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Thinks s/he gets paid by the post
Join Date: Apr 2012
Posts: 2,929
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Does anyone else find it confusing to have two threads with exactly the same name?
Any chance this thread could be renamed "Poll: Fat FIRE II?"
__________________
"Do not spoil what you have by desiring what you have not; remember that what you now have was once among the things you only hoped for." - Epicurus
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05-25-2021, 02:40 PM
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#9
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Moderator
Join Date: Feb 2010
Location: Flyover country
Posts: 25,346
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Good idea. Thread title changed.
__________________
I thought growing old would take longer.
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05-25-2021, 02:44 PM
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#10
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Recycles dryer sheets
Join Date: Oct 2015
Posts: 86
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Quote:
Originally Posted by braumeister
Good idea. Thread title changed.
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Thanks - I tried changing it earlier but it seemed to not have taken.
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05-25-2021, 02:49 PM
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#11
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Recycles dryer sheets
Join Date: Oct 2015
Posts: 86
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Folks - So far I think the numbers are quite interesting, thanks for taking part so far. Tomorrow I'll post another poll based on where your source(s) of funds for expenses come from (credit goes to Gumby for the idea).
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05-25-2021, 02:49 PM
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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: Jan 2008
Location: NC
Posts: 21,298
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Quote:
Originally Posted by zekeboz
Kicking off a poll to better understand where folks are at with useable assets, retirement and non-retirement funds only. Please exclude house(s), boats or that Lambo from your childhood dreams... ;-)
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Why? Like others I lied on FF1 since it was pointless, I won’t vote on FF2. As others have pointed out, even if everyone is totally honest it’s meaningless to do a poll with SI, FI and everything in between lumped together. Not to mention single v married, 50-somethings v 80-somethings etc. I know, I’ve unwittingly done bad polls…
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
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05-25-2021, 03:10 PM
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#13
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Recycles dryer sheets
Join Date: Oct 2015
Posts: 86
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Quote:
Originally Posted by Midpack
Why?
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People are curious what levels of funds FIRE individuals have. For the next poll I'll make an option for those that want to lie, what option should I make for you? ;-)
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05-25-2021, 03:17 PM
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#14
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Thinks s/he gets paid by the post
Join Date: Apr 2012
Posts: 2,929
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Quote:
Originally Posted by braumeister
Good idea. Thread title changed.
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Thank you!
Now I can just go back to being confused by all the things that normally confuse me.
__________________
"Do not spoil what you have by desiring what you have not; remember that what you now have was once among the things you only hoped for." - Epicurus
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05-25-2021, 03:19 PM
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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: Jan 2008
Location: NC
Posts: 21,298
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Quote:
Originally Posted by zekeboz
People are curious what levels of funds FIRE individuals have. For the next poll I'll make an option for those that want to lie, what option should I make for you? ;-)
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I don’t care, it doesn’t change my circumstances at all. I’ll have to take your word for it about other peoples curiosity. While we’re speaking for others, maybe the other option should be “none of your business, anonymous or not” - might be substantial…
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
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05-25-2021, 05:45 PM
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#16
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Recycles dryer sheets
Join Date: Oct 2015
Posts: 86
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Quote:
Originally Posted by Midpack
While we’re speaking for others, maybe the other option should be “none of your business, anonymous or not” - might be substantial…
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Sure great idea unfortunately I can not update the poll options now. Next time.
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05-25-2021, 05:51 PM
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#17
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Moderator
Join Date: Nov 2015
Posts: 13,913
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Quote:
Originally Posted by zekeboz
People are curious what levels of funds FIRE individuals have. For the next poll I'll make an option for those that want to lie, what option should I make for you? ;-)
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Which people?
One thing I've observed in my time here, folks generally are not interested in discussing their net-worth, other than when they are first planning and getting ready to retire. Once they do, rarely does the number come up again, and for most of us it changes over time, quite significantly. It's rarely meaningful without the context of location and lifestyle, and the number won't tell you anything about those.
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05-25-2021, 05:59 PM
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#18
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Recycles dryer sheets
Join Date: Oct 2015
Posts: 86
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Quote:
Originally Posted by Aerides
Which people?
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Really..? Lets see over 500 folks clicked and viewed a thread link with the Poll label and out of those over 10% took part.
Whats wrong with community engagement? If 'people' don't like it then they don't have to take part.
You gotta give your members more credit.
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05-25-2021, 06:40 PM
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#19
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2016
Posts: 9,514
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Quote:
Originally Posted by Dtail
True with your example, but then we also see questions of can I BTD for 15k/25k with a large portfolio............
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Yes, you are right. Thanks for straightening me out.
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05-25-2021, 06:46 PM
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#20
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Thinks s/he gets paid by the post
Join Date: May 2007
Posts: 1,250
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I am confused by the poll. Is it asking what your desired portfolio/what you’re aspiring to in order to retire or is it asking whether you are currently retired at that portfolio level?
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