pb4uski
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Sorry. I can't find my tiny violin
Poor guy.
Exactly my sentiment.
Sorry. I can't find my tiny violin
Poor guy.
1. He has a mortgage not buying a place so current price is immaterial. His property tax is locked in with an annual increase of 2% per year. What's his problem?
2. As 2 FIREd parents who needs daycare? What's his issue? Schools? Go Charter!
Oh --- issue is he needs a blog topic!!
The Mustache blogger is recently divorced—is this one? This article doesn’t mention it.
Bloggers—smh. I wonder what the real reason is or if he really does intend to take a traditional job. I predict he will still call himself a RE genius.
So far this thread has listed at least two things that can kill FIRE: international travel and divorce. NOT!
Most of all, though, he was only “retired” for 7 years, and over than period the sp500 was up more than 2.5 times, yet his financial plan failed. And his new plan is to make money by working in finance and running a blog that gives financial advice?
After reading the CNBC article linked in the OP, I am struck by three things.
One, his plan to to “unretire” only through 2022, then retire once again. Two, he intends on shifting from treating his blog as a hobby to “monetizing it”, but still considers that retirement (sounds more like work to me).
Most of all, though, he was only “retired” for 7 years, and over than period the sp500 was up more than 2.5 times, yet his financial plan failed. And his new plan is to make money by working in finance and running a blog that gives financial advice?
That part really bugged me too.That's my problem with the guy - his complete lack of perspective. There's a loooooong way between how he wants to live and "abject poverty", and it's insulting to poor people to ignore that.
That's why I'm retiring in low COLA North Carolina
Two, he intends on shifting from treating his blog as a hobby to “monetizing it”, but still considers that retirement (sounds more like work to me).
This part had me stumped. Did he mostly avoid equities and depend on bond income?Most of all, though, he was only “retired” for 7 years, and over than period the sp500 was up more than 2.5 times, yet his financial plan failed. And his new plan is to make money by working in finance and running a blog that gives financial advice?
It seems his biggest problem is insisting on remaining in the Bay Area. He talks about real estate holdings in the MidWest. Maybe he should move into one of them.
Most people will not be able to relate to not being able to live on $250K a year.
cd :O)