Recent content by 1979dreamer

From this thread (and others) it seems that the common wisdom around here is contrary to MMM and other bloggers whose common wisdom is that 4% is just fine, even for 50 years. So what is the mindset here? 3% 2%?

Congrats Baldpacker! I'll join in on the fun, too. Logged into mint this evening and, for the first time ever, saw that I'm in the "two comma" club. Turned 35 back in November, so I'm a little behind you, but still a pretty nice achievement! Hoping to hit $2M some time between 40-45 and then...

I was beginning to think I had posted in the wrong thread! :laugh:

Just reached 25x last year's expenses! Hi all, Just wanted to share this with someone, and you fine folks seem like you'd appreciate the news more than others. In doing my weekly checks I realized that this week is the first time I have crossed over the 4%/25x mark. Last year's expenses...

I think you may have missed something there...

I agree. I'm not too worried about being fired for cause, as I don't think I'm in a position where that kind of thing could happen. The issue is losing half if I want to quit after the IPO.

There is a 5 year vesting period. The shares that are not vested go away if I were to leave the company, and that's reasonable. The part that confuses me is about losing half/all of my vested shares were I to quit/get fired for cause.

I exercised the vested portion and simply own stock I can't sell (yet). This way I'll be eligible for LT capital gains once I am able to sell. It seems unreasonable that they'd make me sell back shares that I already sold, but that's the reason for this thread... the paperwork defines a lapse...

Hi all, I work for a pre-IPO tech company that is making good strides toward a liquidity event (likely an IPO). I recently exercised some vested stock options, and as part of that process spent some time reading the plan documents more thoroughly than I had in the past. One thing caught my eye...

I didn't have a specific date/age in mind (yet). Over the last 6 months, particularly as I've started to see FI become a thing that seems achievable, I've begun to fantasize regularly about calling it quits. Before that I never would have considered it. It's possible that I'm just unhappy in the...

It's interesting -- although conceptually I know you're right, I find that I don't want for much. I have hobbies that I endulge, I eat out more than I should (although not at particularly pricy places, just places that I like), and I travel more than the average person. The only two areas where...

Understood. Yes, my income is fairly high. My primary job will gross around $145k this year. The "side income" I mentioned above will be around another $20k. I max out 401k every year and also max out Roth IRA (through a backdoor contribution). Rather than make a goal of saving rate I tend to...

I've never tried Quicken, but do play with Firecalc from time to time. When I factor in the spending I think I'd have (with health insurance, taxes, etc), Firecalc seems to think I'm still several years away. Trying to figure out if I'm being too pessimistic about how much my spending would go up.

Thanks, bo_knows! As I indicated above, my current spending level probably isn't completely accurate compared to what it would be in retirement (if for no other reason than health insurance + taxes). Do you think that changes the picture considerably?

Hello! Long time reader, first time poster. As I start getting closer to what I believe to be FI, it's becoming harder to believe that I'm almost there. I'm not sure if or when I want to RE, but nevertheless I've been focused for the last several years on FI. Here's where I currently stand...