\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Wasted 25-35 in biglaw, but now can retire with 1.5M

Not sure if it was worth it, but looking forward to next pha...
Bright Balding Yarmulke
  07/24/17
what investment strategy are you going to employ brother?
excitant copper meetinghouse
  07/24/17
65/35 stocks/bonds, low cost index funds
Bright Balding Yarmulke
  07/24/17
does that spit out dividend income or sth? what do you live ...
excitant copper meetinghouse
  07/24/17
yeah some, or you sell and take gains. Same difference.
Bright Balding Yarmulke
  07/24/17
seems kinda risky. i wouldnt want to eat away at my capital ...
excitant copper meetinghouse
  07/24/17
Makes no difference whether your investments spit out $40K d...
Bright Balding Yarmulke
  07/24/17
CR. Dividend growth investing is for boomers who don't reali...
Burgundy Thriller Lay
  07/24/17
Yep. Too many boomers chase dividend stocks so most of th...
Indigo Bawdyhouse Idiot
  07/24/17
Yep. Look no further than GE or IBM.
Burgundy Thriller Lay
  07/24/17
lmao these are the exact stocks my boomer in laws' financial...
Drab plaza love of her life
  07/24/17
Lmao just do assume there are always 10% ROIC projects layin...
cracking bespoke faggot firefighter roast beef
  07/25/17
tbqf i prefer the safety of knowing that my capital is in on...
excitant copper meetinghouse
  07/24/17
this is a false comfort though. dividends can easily be cut....
Burgundy Thriller Lay
  07/24/17
(guy who has never heard of DEM DIVIDEND ARISTOCRATS)
excitant copper meetinghouse
  07/24/17
COP was a dividend aristocrat. CVX still is a dividend ar...
Burgundy Thriller Lay
  07/24/17
just do xom lil breh
excitant copper meetinghouse
  07/24/17
It's not a preference man, you just are ill-informed.
Bright Balding Yarmulke
  07/24/17
very likely. im a dim bulb in many ways.
excitant copper meetinghouse
  07/24/17
...
demanding gold nowag theatre
  07/24/17
hmmm. how you gonna retire on that brother?
Obsidian Blathering Associate
  07/24/17
Could easily retire on that outside of sf/ny/dc/la live on 4...
Autistic Deer Antler
  07/24/17
no, 45k is too low
aquamarine whorehouse athletic conference
  07/24/17
you can spend 60k on 1.5M. 4% is fine.
Bright Balding Yarmulke
  07/24/17
(Boomer buying boats and going on cruses)
Infuriating mind-boggling degenerate
  08/28/17
*poasts eth address*
mischievous state
  07/24/17
...
Motley stock car halford
  07/24/17
wtf? 1.5 million? fucking lol. kill yourself for thinking th...
Bipolar mood menage
  07/24/17
Not worth it dude
supple carmine sweet tailpipe resort
  07/24/17
Ship has sailed bro
Bright Balding Yarmulke
  07/24/17
net worth it
aquamarine whorehouse athletic conference
  07/24/17
Just do move to South America and live like a king.
comical philosopher-king
  07/24/17
dey keel you
aquamarine whorehouse athletic conference
  07/24/17
I had a cash net worth of $1mm (now $1mm in real estate) but...
Indigo Bawdyhouse Idiot
  07/24/17
lol oh yeah inflation has been such a beast the last decade....
Bright Balding Yarmulke
  07/24/17
I do both, but real estate has returned much more for me tha...
Indigo Bawdyhouse Idiot
  07/24/17
Plenty of examples to follow. See ERE forum.
Bright Balding Yarmulke
  07/24/17
link pls
excitant copper meetinghouse
  07/24/17
http://forum.earlyretirementextreme.com/viewtopic.php?t=5061
Bright Balding Yarmulke
  07/24/17
lol fuck that domain name is hardcore
excitant copper meetinghouse
  07/24/17
...
doobsian school cafeteria hissy fit
  07/26/17
Owner of that site just lives off his wife htfhxoxo
Vibrant Clown
  08/28/17
tbf his poast was more sarcasm than trolling.
excitant copper meetinghouse
  07/24/17
There are many markets where you can earn an 8-10% cash on c...
glittery stage coffee pot
  07/24/17
Such as? This seems false. Cap rates are terrible most place...
honey-headed heady queen of the night office
  07/25/17
Mississippi, Ohio, Michigan, etc
Infuriating mind-boggling degenerate
  08/28/17
Lol brej I guarantee you won't get 6% real returns over the ...
cracking bespoke faggot firefighter roast beef
  07/25/17
Lol if you think the published inflation is the real inflati...
bearded native pozpig
  07/26/17
(Guy who thinks increases in the prices of specific goods = ...
Marvelous Cowardly Trump Supporter
  08/28/17
How did you get 1.5mm by 30 or whatever you claim? Inheritan...
Mustard immigrant party of the first part
  07/24/17
35
Bright Balding Yarmulke
  07/24/17
I'm asking inambro. 1.5 by 35 is believable/standard for big...
Mustard immigrant party of the first part
  07/24/17
Not really, no.
honey-headed heady queen of the night office
  07/25/17
its not realistic. 1M would be a good outcome by 35
charismatic church toilet seat
  08/28/17
TCR if you are living in NYC or SF, which are the markets wh...
ruby rambunctious pocket flask multi-billionaire
  08/28/17
For me, my parents paid for college and my grandmother gave ...
Indigo Bawdyhouse Idiot
  07/24/17
UW-Madison followed by Northwestern?
aquamarine whorehouse athletic conference
  07/24/17
Nope, never got an MBA. Top ugrad is all I'll say, no doobs....
Indigo Bawdyhouse Idiot
  07/24/17
lol what is the job that you "love"
Filthy Tanning Salon Codepig
  09/16/17
that'd be so fucking CR
Big theater stage
  07/24/17
0x295a9bf1647c3790824DFeD2507338Ff897De075
excitant copper meetinghouse
  07/24/17
Gotcha ty ty. Congrats. Yeah seems early inheritance is key....
Mustard immigrant party of the first part
  07/24/17
Yeah, much of it is luck and I won't deny that. Also I r...
Indigo Bawdyhouse Idiot
  07/24/17
Did you just 1031 exchange and keep getting bigger tax free?...
honey-headed heady queen of the night office
  07/25/17
just do inherit half a million dollars bro, guys in my high ...
Sticky site incel
  08/28/17
...
greedy mediation
  07/25/17
*die unhappily.
stimulating cobalt crackhouse
  07/26/17
Nice bro. I'm sitting at 1.25MM and I plan to do the same on...
Burgundy Thriller Lay
  07/24/17
about a decade ago, this was my dream. it did not work ...
aquamarine whorehouse athletic conference
  07/24/17
relevant to muh interests.... as i asked above - how do you ...
excitant copper meetinghouse
  07/24/17
Div/bond yield on 2M is about 45-50k. I'll supplement the re...
Burgundy Thriller Lay
  07/24/17
so if i can maek it on just 30k a year i only need 1mn capit...
excitant copper meetinghouse
  07/24/17
Yep.
Burgundy Thriller Lay
  07/24/17
fma i could have sold all of my eth at 400 and been done wit...
excitant copper meetinghouse
  07/24/17
...
Rusted garrison jap
  07/26/17
Woops!
Khaki wonderful pervert
  09/16/17
...
demanding gold nowag theatre
  07/24/17
Unless you get a wife or a family -- and ever man should hav...
honey-headed heady queen of the night office
  07/25/17
180
Drab plaza love of her life
  07/24/17
how did you saev that much? rich parents? YOU WERE BOR...
Big theater stage
  07/24/17
you can't retire on that, it's not 1960.
Magical dashing national security agency hospital
  07/24/17
...
supple carmine sweet tailpipe resort
  08/28/17
bro i would do ten years in prison for that 180 enjoy lyfe u...
mischievous state
  07/24/17
...
excitant copper meetinghouse
  07/25/17
...
Metal preventive strike police squad
  07/25/17
...
doobsian school cafeteria hissy fit
  07/26/17
Paying taxes on qualified dividends and long term capital ga...
Navy up-to-no-good hunting ground depressive
  07/26/17
UNGH
electric fuchsia puppy
  09/16/17
why not work a chill job for a few years and use that cash o...
Diverse shrine
  08/28/17
do you plan on having kids? what are you going to tell yo...
Lime stag film roommate
  08/28/17
Just go to Thailand and live like a king on $3 a day.
Vermilion Son Of Senegal
  08/28/17
CR
greedy mediation
  08/28/17
Pick a low COL place and you'll be fine. I have 3 kids and ...
180 chartreuse candlestick maker
  08/28/17
you can take a low 6 figures job now but you can't retire. ...
Lavender chapel mental disorder
  09/16/17
Youre a clown. Shitty decision. You will never be what you h...
opaque library sneaky criminal
  09/16/17
Thanks bro
Bright Balding Yarmulke
  09/16/17
All the $$$$$$$$ in the world will never replace losing the ...
frum macaca
  09/16/17
Now imagine losing those years and not having the money.
Khaki wonderful pervert
  09/16/17
Even worse.
frum macaca
  09/16/17
But presumably they paid off their loans, WORTH IT?
Drab plaza love of her life
  09/16/17


Poast new message in this thread



Reply Favorite

Date: July 24th, 2017 10:27 PM
Author: Bright Balding Yarmulke

Not sure if it was worth it, but looking forward to next phase of life living off investment returns.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33847752)



Reply Favorite

Date: July 24th, 2017 10:27 PM
Author: excitant copper meetinghouse

what investment strategy are you going to employ brother?

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33847758)



Reply Favorite

Date: July 24th, 2017 11:00 PM
Author: Bright Balding Yarmulke

65/35 stocks/bonds, low cost index funds

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848047)



Reply Favorite

Date: July 24th, 2017 11:00 PM
Author: excitant copper meetinghouse

does that spit out dividend income or sth? what do you live on?

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848051)



Reply Favorite

Date: July 24th, 2017 11:03 PM
Author: Bright Balding Yarmulke

yeah some, or you sell and take gains. Same difference.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848063)



Reply Favorite

Date: July 24th, 2017 11:04 PM
Author: excitant copper meetinghouse

seems kinda risky. i wouldnt want to eat away at my capital in the event my stocks/bonds werent appreciating.

have you looked into "dividend growth investing"?

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848070)



Reply Favorite

Date: July 24th, 2017 11:06 PM
Author: Bright Balding Yarmulke

Makes no difference whether your investments spit out $40K dividends or appreciate $40K. Same difference.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848081)



Reply Favorite

Date: July 24th, 2017 11:08 PM
Author: Burgundy Thriller Lay

CR. Dividend growth investing is for boomers who don't realize that a stock paying 4% dividend yield is going to appreciate 4% less than a stock of an identical company that pays no dividend.

Since cap gains and dividend tax rates are equal as well, there is really no difference.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848102)



Reply Favorite

Date: July 24th, 2017 11:10 PM
Author: Indigo Bawdyhouse Idiot

Yep.

Too many boomers chase dividend stocks so most of the time these are companies that are overvalued even when you net out their dividend.

The 4% dividend they pay would be much better used on ROIC projects which return 10%+. Many times, these stocks run sideways for years or get hit with multiple compression in the long-term as they lose their competitive positioning, i.e. retail/industrials.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848130)



Reply Favorite

Date: July 24th, 2017 11:13 PM
Author: Burgundy Thriller Lay

Yep. Look no further than GE or IBM.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848144)



Reply Favorite

Date: July 24th, 2017 11:29 PM
Author: Drab plaza love of her life

lmao these are the exact stocks my boomer in laws' financial adviser told them to buy

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848262)



Reply Favorite

Date: July 25th, 2017 9:14 PM
Author: cracking bespoke faggot firefighter roast beef

Lmao just do assume there are always 10% ROIC projects laying around

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33854969)



Reply Favorite

Date: July 24th, 2017 11:14 PM
Author: excitant copper meetinghouse

tbqf i prefer the safety of knowing that my capital is in one place and that it spits out income that i can use for spending moeny and stuff.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848154)



Reply Favorite

Date: July 24th, 2017 11:18 PM
Author: Burgundy Thriller Lay

this is a false comfort though. dividends can easily be cut. just look at dividend paying stocks during any recession. or oil company stocks now, which were supposed to be some of the most stable dividend paying companies.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848180)



Reply Favorite

Date: July 24th, 2017 11:28 PM
Author: excitant copper meetinghouse

(guy who has never heard of DEM DIVIDEND ARISTOCRATS)

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848255)



Reply Favorite

Date: July 24th, 2017 11:29 PM
Author: Burgundy Thriller Lay

COP was a dividend aristocrat.

CVX still is a dividend aristocrat.

Guess how they've done since 2014?

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848271)



Reply Favorite

Date: July 24th, 2017 11:30 PM
Author: excitant copper meetinghouse

just do xom lil breh

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848286)



Reply Favorite

Date: July 24th, 2017 11:29 PM
Author: Bright Balding Yarmulke

It's not a preference man, you just are ill-informed.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848261)



Reply Favorite

Date: July 24th, 2017 11:31 PM
Author: excitant copper meetinghouse

very likely. im a dim bulb in many ways.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848290)



Reply Favorite

Date: July 24th, 2017 10:29 PM
Author: demanding gold nowag theatre



(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33847770)



Reply Favorite

Date: July 24th, 2017 10:30 PM
Author: Obsidian Blathering Associate

hmmm. how you gonna retire on that brother?

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33847784)



Reply Favorite

Date: July 24th, 2017 10:58 PM
Author: Autistic Deer Antler

Could easily retire on that outside of sf/ny/dc/la live on 45k passive 3% returns and chill.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848023)



Reply Favorite

Date: July 24th, 2017 11:14 PM
Author: aquamarine whorehouse athletic conference

no, 45k is too low

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848147)



Reply Favorite

Date: July 24th, 2017 11:29 PM
Author: Bright Balding Yarmulke

you can spend 60k on 1.5M. 4% is fine.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848269)



Reply Favorite

Date: August 28th, 2017 10:22 AM
Author: Infuriating mind-boggling degenerate

(Boomer buying boats and going on cruses)

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34083773)



Reply Favorite

Date: July 24th, 2017 10:31 PM
Author: mischievous state

*poasts eth address*

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33847788)



Reply Favorite

Date: July 24th, 2017 10:42 PM
Author: Motley stock car halford



(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33847910)



Reply Favorite

Date: July 24th, 2017 10:32 PM
Author: Bipolar mood menage

wtf? 1.5 million? fucking lol. kill yourself for thinking this is money.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33847805)



Reply Favorite

Date: July 24th, 2017 10:41 PM
Author: supple carmine sweet tailpipe resort

Not worth it dude

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33847891)



Reply Favorite

Date: July 24th, 2017 11:00 PM
Author: Bright Balding Yarmulke

Ship has sailed bro

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848050)



Reply Favorite

Date: July 24th, 2017 11:14 PM
Author: aquamarine whorehouse athletic conference

net worth it

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848152)



Reply Favorite

Date: July 24th, 2017 10:59 PM
Author: comical philosopher-king

Just do move to South America and live like a king.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848037)



Reply Favorite

Date: July 24th, 2017 11:29 PM
Author: aquamarine whorehouse athletic conference

dey keel you

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848267)



Reply Favorite

Date: July 24th, 2017 11:00 PM
Author: Indigo Bawdyhouse Idiot

I had a cash net worth of $1mm (now $1mm in real estate) but I am much younger than you and there is no way you can live off that.

Inflation alone will kill your living costs, so your best shot is to do what I did and buy 2-3 properties which hedge against inflation.

Once you do that, you will be forced to work a few more years to pay off the mortgage(s). Of course then you also need to eat/have fun so you will need to add on another few years to that while you are paying off the mortgage(s).

That gets you to about age 40. Then if you want kids you need to work until you're 50. If there are any emergencies (health issues, divorce, etc.) you probably should work until age 60 before you retire happily.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848048)



Reply Favorite

Date: July 24th, 2017 11:02 PM
Author: Bright Balding Yarmulke

lol oh yeah inflation has been such a beast the last decade. Such a good idea to pile up "investment property" instead of getting 6% real returns in the stock market.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848056)



Reply Favorite

Date: July 24th, 2017 11:03 PM
Author: Indigo Bawdyhouse Idiot

I do both, but real estate has returned much more for me than the stock market has. You know Austin property saw 100% gains in the past 2 years right? LA was a great real estate market too. Excluding the ~$7k of rent I get every month, real estate has still been a better investment than a 100% net long portfolio. FYI I had a 10% IRR the past 3 years in the stock market, so a bit above market (i.e. S&P 500).

Anyways.

Your troll post is one I've made multiple times on different boards. Good to think about, but in no way realistic.

Sorry, I'll leave now, carry on with your thread.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848066)



Reply Favorite

Date: July 24th, 2017 11:05 PM
Author: Bright Balding Yarmulke

Plenty of examples to follow. See ERE forum.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848072)



Reply Favorite

Date: July 24th, 2017 11:05 PM
Author: excitant copper meetinghouse

link pls

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848075)



Reply Favorite

Date: July 24th, 2017 11:07 PM
Author: Bright Balding Yarmulke

http://forum.earlyretirementextreme.com/viewtopic.php?t=5061

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848096)



Reply Favorite

Date: July 24th, 2017 11:15 PM
Author: excitant copper meetinghouse

lol fuck that domain name is hardcore

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848159)



Reply Favorite

Date: July 26th, 2017 1:26 AM
Author: doobsian school cafeteria hissy fit



(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33856998)



Reply Favorite

Date: August 28th, 2017 2:50 PM
Author: Vibrant Clown

Owner of that site just lives off his wife htfhxoxo

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34085909)



Reply Favorite

Date: July 24th, 2017 11:05 PM
Author: excitant copper meetinghouse

tbf his poast was more sarcasm than trolling.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848074)



Reply Favorite

Date: July 24th, 2017 11:09 PM
Author: glittery stage coffee pot

There are many markets where you can earn an 8-10% cash on cash return on real estate, not including equity and appreciation in the asset.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848117)



Reply Favorite

Date: July 25th, 2017 9:10 PM
Author: honey-headed heady queen of the night office

Such as? This seems false. Cap rates are terrible most places.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33854955)



Reply Favorite

Date: August 28th, 2017 10:24 AM
Author: Infuriating mind-boggling degenerate

Mississippi, Ohio, Michigan, etc

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34083789)



Reply Favorite

Date: July 25th, 2017 9:16 PM
Author: cracking bespoke faggot firefighter roast beef

Lol brej I guarantee you won't get 6% real returns over the next decade

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33854988)



Reply Favorite

Date: July 26th, 2017 8:51 AM
Author: bearded native pozpig

Lol if you think the published inflation is the real inflation. Look at how much your medical and housing costs have increased.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33857744)



Reply Favorite

Date: August 28th, 2017 9:55 AM
Author: Marvelous Cowardly Trump Supporter

(Guy who thinks increases in the prices of specific goods = inflation)

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34083594)



Reply Favorite

Date: July 24th, 2017 11:10 PM
Author: Mustard immigrant party of the first part

How did you get 1.5mm by 30 or whatever you claim? Inheritance?

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848123)



Reply Favorite

Date: July 24th, 2017 11:12 PM
Author: Bright Balding Yarmulke

35

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848139)



Reply Favorite

Date: July 24th, 2017 11:14 PM
Author: Mustard immigrant party of the first part

I'm asking inambro. 1.5 by 35 is believable/standard for biglaw (I'm young and finance tho so what do I know)

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848155)



Reply Favorite

Date: July 25th, 2017 9:10 PM
Author: honey-headed heady queen of the night office

Not really, no.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33854956)



Reply Favorite

Date: August 28th, 2017 10:28 AM
Author: charismatic church toilet seat

its not realistic. 1M would be a good outcome by 35

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34083818)



Reply Favorite

Date: August 28th, 2017 10:33 AM
Author: ruby rambunctious pocket flask multi-billionaire

TCR if you are living in NYC or SF, which are the markets where this is most realistic. Maybe could happen at a firm that pays NYC market in DC, ATL, or Chicago.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34083849)



Reply Favorite

Date: July 24th, 2017 11:14 PM
Author: Indigo Bawdyhouse Idiot

For me, my parents paid for college and my grandmother gave me $500k. Most of that is in an ETF the past 5 years which has really helped.

I did ibanking at 22 and work at a fund now. Bought my first property which appreciated by 50%. My second property appreciated almost 100%. My third property was a year ago and already appreciated 10%.

Basically inheritance and compounding capital. It helps that my work is 100% lined up to leverage my PA.



(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848149)



Reply Favorite

Date: July 24th, 2017 11:15 PM
Author: aquamarine whorehouse athletic conference

UW-Madison followed by Northwestern?

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848160)



Reply Favorite

Date: July 24th, 2017 11:16 PM
Author: Indigo Bawdyhouse Idiot

Nope, never got an MBA. Top ugrad is all I'll say, no doobs.

To get back to the OP though, I have definitely thought about retiring at 35 or 40. But if you want kids and you don't marry an above average girl, you're better off just finding a job you love where you can at least net even paying off your mortgage and keeping up with your PA.

That you way you can 100% retire with about $5mm liquid net worth which is what I think the minimum is for those who want to keep an above average lifestyle.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848167)



Reply Favorite

Date: September 16th, 2017 9:45 PM
Author: Filthy Tanning Salon Codepig

lol what is the job that you "love"

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34226621)



Reply Favorite

Date: July 24th, 2017 11:30 PM
Author: Big theater stage

that'd be so fucking CR

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848282)



Reply Favorite

Date: July 24th, 2017 11:16 PM
Author: excitant copper meetinghouse

0x295a9bf1647c3790824DFeD2507338Ff897De075

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848164)



Reply Favorite

Date: July 24th, 2017 11:18 PM
Author: Mustard immigrant party of the first part

Gotcha ty ty. Congrats. Yeah seems early inheritance is key. 500k at 22 makes it look easy. You got into real estate at a great time. Good job on selling them

Yeah my work lines up as well so in just focused on bootstrapping and getting the salary up. Although I'm a trader so living off 1.5 would be easy

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848177)



Reply Favorite

Date: July 24th, 2017 11:20 PM
Author: Indigo Bawdyhouse Idiot

Yeah, much of it is luck and I won't deny that.

Also I realized that I would be bored if I fully retired. I prefer working, but actually doing something you enjoy. The major comfort I enjoy is that I don't need to worry about saving money every year. As long as I break even and can pay off the rest of my mortgages, I'm happy.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848200)



Reply Favorite

Date: July 25th, 2017 9:12 PM
Author: honey-headed heady queen of the night office

Did you just 1031 exchange and keep getting bigger tax free? Any books you'd rec?

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33854963)



Reply Favorite

Date: August 28th, 2017 10:28 AM
Author: Sticky site incel

just do inherit half a million dollars bro, guys in my high school did it all the time

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34083820)



Reply Favorite

Date: July 25th, 2017 4:56 PM
Author: greedy mediation



(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33853352)



Reply Favorite

Date: July 26th, 2017 1:28 AM
Author: stimulating cobalt crackhouse

*die unhappily.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33857010)



Reply Favorite

Date: July 24th, 2017 11:10 PM
Author: Burgundy Thriller Lay

Nice bro. I'm sitting at 1.25MM and I plan to do the same once I hit around 2MM. That's enough to live on 65k in today's dollars forever. Since I only spend 40k/year now it seems more than adequate.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848127)



Reply Favorite

Date: July 24th, 2017 11:16 PM
Author: aquamarine whorehouse athletic conference

about a decade ago, this was my dream.

it did not work out.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848166)



Reply Favorite

Date: July 24th, 2017 11:16 PM
Author: excitant copper meetinghouse

relevant to muh interests.... as i asked above - how do you plan to get your capital to spit out that much in income?

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848169)



Reply Favorite

Date: July 24th, 2017 11:21 PM
Author: Burgundy Thriller Lay

Div/bond yield on 2M is about 45-50k. I'll supplement the rest by selling shares.

Google "safe withdrawal rate in early retirement." Anything less than 3.5% has been 100% safe in all prior 50+ year periods.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848204)



Reply Favorite

Date: July 24th, 2017 11:28 PM
Author: excitant copper meetinghouse

so if i can maek it on just 30k a year i only need 1mn capital amirite?

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848260)



Reply Favorite

Date: July 24th, 2017 11:30 PM
Author: Burgundy Thriller Lay

Yep.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848279)



Reply Favorite

Date: July 24th, 2017 11:30 PM
Author: excitant copper meetinghouse

fma i could have sold all of my eth at 400 and been done with irl.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848284)



Reply Favorite

Date: July 26th, 2017 1:23 AM
Author: Rusted garrison jap



(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33856980)



Reply Favorite

Date: September 16th, 2017 9:41 PM
Author: Khaki wonderful pervert

Woops!

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34226594)



Reply Favorite

Date: July 24th, 2017 11:36 PM
Author: demanding gold nowag theatre



(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848332)



Reply Favorite

Date: July 25th, 2017 9:13 PM
Author: honey-headed heady queen of the night office

Unless you get a wife or a family -- and ever man should have a family.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33854968)



Reply Favorite

Date: July 24th, 2017 11:28 PM
Author: Drab plaza love of her life

180

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848254)



Reply Favorite

Date: July 24th, 2017 11:29 PM
Author: Big theater stage

how did you saev that much?

rich parents?

YOU WERE BORN ON THIRD BASE NOT IMPRESSIVE

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848273)



Reply Favorite

Date: July 24th, 2017 11:31 PM
Author: Magical dashing national security agency hospital

you can't retire on that, it's not 1960.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848291)



Reply Favorite

Date: August 28th, 2017 3:14 PM
Author: supple carmine sweet tailpipe resort



(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34086094)



Reply Favorite

Date: July 24th, 2017 11:36 PM
Author: mischievous state

bro i would do ten years in prison for that 180 enjoy lyfe u are good

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33848341)



Reply Favorite

Date: July 25th, 2017 8:45 PM
Author: excitant copper meetinghouse



(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33854832)



Reply Favorite

Date: July 25th, 2017 9:12 PM
Author: Metal preventive strike police squad



(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33854962)



Reply Favorite

Date: July 26th, 2017 1:28 AM
Author: doobsian school cafeteria hissy fit



(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33857004)



Reply Favorite

Date: July 26th, 2017 7:56 AM
Author: Navy up-to-no-good hunting ground depressive

Paying taxes on qualified dividends and long term capital gains is TCR. You can make up to $49,000 tax free.

4% is considered a safe withdrawal rate, so with $1.2 mill you could be drawing $4/month tax-free!

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#33857634)



Reply Favorite

Date: September 16th, 2017 9:38 PM
Author: electric fuchsia puppy

UNGH

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34226578)



Reply Favorite

Date: August 28th, 2017 10:12 AM
Author: Diverse shrine

why not work a chill job for a few years and use that cash on high risk investments?

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34083701)



Reply Favorite

Date: August 28th, 2017 10:24 AM
Author: Lime stag film roommate

do you plan on having kids?

what are you going to tell you kids, you turned documents for other people for 10 years and now you can bum around living on the same income as a roofer?

if i were going to be a bachelor and die alone this would be a good path, but jfc it sounds horrible if you want to have a normal life.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34083797)



Reply Favorite

Date: August 28th, 2017 10:38 AM
Author: Vermilion Son Of Senegal

Just go to Thailand and live like a king on $3 a day.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34083892)



Reply Favorite

Date: August 28th, 2017 2:46 PM
Author: greedy mediation

CR

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34085883)



Reply Favorite

Date: August 28th, 2017 3:16 PM
Author: 180 chartreuse candlestick maker

Pick a low COL place and you'll be fine. I have 3 kids and it doesn't have to cost that much.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34086108)



Reply Favorite

Date: September 16th, 2017 8:26 PM
Author: Lavender chapel mental disorder

you can take a low 6 figures job now but you can't retire. or you could but dumb. just get a breezy 9-5 for $100k until 50. or be a teacher and get summers off to travel plus a pension.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34226249)



Reply Favorite

Date: September 16th, 2017 9:49 PM
Author: opaque library sneaky criminal

Youre a clown. Shitty decision. You will never be what you hoped to be.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34226640)



Reply Favorite

Date: September 16th, 2017 11:32 PM
Author: Bright Balding Yarmulke

Thanks bro

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34227160)



Reply Favorite

Date: September 16th, 2017 9:51 PM
Author: frum macaca

All the $$$$$$$$ in the world will never replace losing the prime years of your life. Sorry man.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34226645)



Reply Favorite

Date: September 16th, 2017 9:59 PM
Author: Khaki wonderful pervert

Now imagine losing those years and not having the money.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34226696)



Reply Favorite

Date: September 16th, 2017 10:02 PM
Author: frum macaca

Even worse.

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34226717)



Reply Favorite

Date: September 16th, 2017 11:34 PM
Author: Drab plaza love of her life

But presumably they paid off their loans, WORTH IT?

(http://www.autoadmit.com/thread.php?thread_id=3684041&forum_id=2#34227182)