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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...
supple chrome water buffalo
  07/24/17
what investment strategy are you going to employ brother?
Fuchsia hateful institution
  07/24/17
65/35 stocks/bonds, low cost index funds
supple chrome water buffalo
  07/24/17
does that spit out dividend income or sth? what do you live ...
Fuchsia hateful institution
  07/24/17
yeah some, or you sell and take gains. Same difference.
supple chrome water buffalo
  07/24/17
seems kinda risky. i wouldnt want to eat away at my capital ...
Fuchsia hateful institution
  07/24/17
Makes no difference whether your investments spit out $40K d...
supple chrome water buffalo
  07/24/17
CR. Dividend growth investing is for boomers who don't reali...
Mentally impaired passionate sanctuary
  07/24/17
Yep. Too many boomers chase dividend stocks so most of th...
Mauve Free-loading Ceo Mediation
  07/24/17
Yep. Look no further than GE or IBM.
Mentally impaired passionate sanctuary
  07/24/17
lmao these are the exact stocks my boomer in laws' financial...
beady-eyed honey-headed skinny woman
  07/24/17
Lmao just do assume there are always 10% ROIC projects layin...
Contagious piazza
  07/25/17
tbqf i prefer the safety of knowing that my capital is in on...
Fuchsia hateful institution
  07/24/17
this is a false comfort though. dividends can easily be cut....
Mentally impaired passionate sanctuary
  07/24/17
(guy who has never heard of DEM DIVIDEND ARISTOCRATS)
Fuchsia hateful institution
  07/24/17
COP was a dividend aristocrat. CVX still is a dividend ar...
Mentally impaired passionate sanctuary
  07/24/17
just do xom lil breh
Fuchsia hateful institution
  07/24/17
It's not a preference man, you just are ill-informed.
supple chrome water buffalo
  07/24/17
very likely. im a dim bulb in many ways.
Fuchsia hateful institution
  07/24/17
...
Drunken Electric Bbw Mother
  07/24/17
hmmm. how you gonna retire on that brother?
Stimulating very tactful set hairy legs
  07/24/17
Could easily retire on that outside of sf/ny/dc/la live on 4...
Flatulent hilarious stage
  07/24/17
no, 45k is too low
Drab Talented Marketing Idea
  07/24/17
you can spend 60k on 1.5M. 4% is fine.
supple chrome water buffalo
  07/24/17
(Boomer buying boats and going on cruses)
thriller dog poop school
  08/28/17
*poasts eth address*
Misunderstood primrose public bath queen of the night
  07/24/17
...
mind-boggling gay native chad
  07/24/17
wtf? 1.5 million? fucking lol. kill yourself for thinking th...
cyan center clown
  07/24/17
Not worth it dude
nudist startled house
  07/24/17
Ship has sailed bro
supple chrome water buffalo
  07/24/17
net worth it
Drab Talented Marketing Idea
  07/24/17
Just do move to South America and live like a king.
Charismatic Reading Party
  07/24/17
dey keel you
Drab Talented Marketing Idea
  07/24/17
I had a cash net worth of $1mm (now $1mm in real estate) but...
Mauve Free-loading Ceo Mediation
  07/24/17
lol oh yeah inflation has been such a beast the last decade....
supple chrome water buffalo
  07/24/17
I do both, but real estate has returned much more for me tha...
Mauve Free-loading Ceo Mediation
  07/24/17
Plenty of examples to follow. See ERE forum.
supple chrome water buffalo
  07/24/17
link pls
Fuchsia hateful institution
  07/24/17
http://forum.earlyretirementextreme.com/viewtopic.php?t=5061
supple chrome water buffalo
  07/24/17
lol fuck that domain name is hardcore
Fuchsia hateful institution
  07/24/17
...
fluffy exhilarant stead feces
  07/26/17
Owner of that site just lives off his wife htfhxoxo
Big macaca mad cow disease
  08/28/17
tbf his poast was more sarcasm than trolling.
Fuchsia hateful institution
  07/24/17
There are many markets where you can earn an 8-10% cash on c...
Impressive hospital
  07/24/17
Such as? This seems false. Cap rates are terrible most place...
Concupiscible ruby sex offender
  07/25/17
Mississippi, Ohio, Michigan, etc
thriller dog poop school
  08/28/17
Lol brej I guarantee you won't get 6% real returns over the ...
Contagious piazza
  07/25/17
Lol if you think the published inflation is the real inflati...
henna shivering electric furnace associate
  07/26/17
(Guy who thinks increases in the prices of specific goods = ...
twinkling gaped messiness friendly grandma
  08/28/17
How did you get 1.5mm by 30 or whatever you claim? Inheritan...
lilac university lettuce
  07/24/17
35
supple chrome water buffalo
  07/24/17
I'm asking inambro. 1.5 by 35 is believable/standard for big...
lilac university lettuce
  07/24/17
Not really, no.
Concupiscible ruby sex offender
  07/25/17
its not realistic. 1M would be a good outcome by 35
Poppy Garrison
  08/28/17
TCR if you are living in NYC or SF, which are the markets wh...
idiotic toilet seat
  08/28/17
For me, my parents paid for college and my grandmother gave ...
Mauve Free-loading Ceo Mediation
  07/24/17
UW-Madison followed by Northwestern?
Drab Talented Marketing Idea
  07/24/17
Nope, never got an MBA. Top ugrad is all I'll say, no doobs....
Mauve Free-loading Ceo Mediation
  07/24/17
lol what is the job that you "love"
Vivacious white tank ticket booth
  09/16/17
that'd be so fucking CR
heady carnelian trust fund station
  07/24/17
0x295a9bf1647c3790824DFeD2507338Ff897De075
Fuchsia hateful institution
  07/24/17
Gotcha ty ty. Congrats. Yeah seems early inheritance is key....
lilac university lettuce
  07/24/17
Yeah, much of it is luck and I won't deny that. Also I r...
Mauve Free-loading Ceo Mediation
  07/24/17
Did you just 1031 exchange and keep getting bigger tax free?...
Concupiscible ruby sex offender
  07/25/17
just do inherit half a million dollars bro, guys in my high ...
Irate hot black woman
  08/28/17
...
Rusted lodge famous landscape painting
  07/25/17
*die unhappily.
emerald regret
  07/26/17
Nice bro. I'm sitting at 1.25MM and I plan to do the same on...
Mentally impaired passionate sanctuary
  07/24/17
about a decade ago, this was my dream. it did not work ...
Drab Talented Marketing Idea
  07/24/17
relevant to muh interests.... as i asked above - how do you ...
Fuchsia hateful institution
  07/24/17
Div/bond yield on 2M is about 45-50k. I'll supplement the re...
Mentally impaired passionate sanctuary
  07/24/17
so if i can maek it on just 30k a year i only need 1mn capit...
Fuchsia hateful institution
  07/24/17
Yep.
Mentally impaired passionate sanctuary
  07/24/17
fma i could have sold all of my eth at 400 and been done wit...
Fuchsia hateful institution
  07/24/17
...
burgundy cerebral turdskin
  07/26/17
Woops!
orchid cuckoldry
  09/16/17
...
Drunken Electric Bbw Mother
  07/24/17
Unless you get a wife or a family -- and ever man should hav...
Concupiscible ruby sex offender
  07/25/17
180
beady-eyed honey-headed skinny woman
  07/24/17
how did you saev that much? rich parents? YOU WERE BOR...
heady carnelian trust fund station
  07/24/17
you can't retire on that, it's not 1960.
razzmatazz community account
  07/24/17
...
nudist startled house
  08/28/17
bro i would do ten years in prison for that 180 enjoy lyfe u...
Misunderstood primrose public bath queen of the night
  07/24/17
...
Fuchsia hateful institution
  07/25/17
...
Hairraiser Indian Lodge Gaming Laptop
  07/25/17
...
fluffy exhilarant stead feces
  07/26/17
Paying taxes on qualified dividends and long term capital ga...
Sadistic Bright Pozpig Hell
  07/26/17
UNGH
exciting pit half-breed
  09/16/17
why not work a chill job for a few years and use that cash o...
frisky tanning salon international law enforcement agency
  08/28/17
do you plan on having kids? what are you going to tell yo...
Crystalline abusive brethren degenerate
  08/28/17
Just go to Thailand and live like a king on $3 a day.
Up-to-no-good zippy roommate
  08/28/17
CR
Rusted lodge famous landscape painting
  08/28/17
Pick a low COL place and you'll be fine. I have 3 kids and ...
Aromatic Peach Parlour Personal Credit Line
  08/28/17
you can take a low 6 figures job now but you can't retire. ...
bateful doctorate death wish
  09/16/17
Youre a clown. Shitty decision. You will never be what you h...
dark well-lubricated stag film
  09/16/17
Thanks bro
supple chrome water buffalo
  09/16/17
All the $$$$$$$$ in the world will never replace losing the ...
Startling Nibblets
  09/16/17
Now imagine losing those years and not having the money.
orchid cuckoldry
  09/16/17
Even worse.
Startling Nibblets
  09/16/17
But presumably they paid off their loans, WORTH IT?
beady-eyed honey-headed skinny woman
  09/16/17


Poast new message in this thread



Reply Favorite

Date: July 24th, 2017 10:27 PM
Author: supple chrome water buffalo

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: Fuchsia hateful institution

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: supple chrome water buffalo

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: Fuchsia hateful institution

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: supple chrome water buffalo

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: Fuchsia hateful institution

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: supple chrome water buffalo

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: Mentally impaired passionate sanctuary

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: Mauve Free-loading Ceo Mediation

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: Mentally impaired passionate sanctuary

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: beady-eyed honey-headed skinny woman

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: Contagious piazza

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: Fuchsia hateful institution

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: Mentally impaired passionate sanctuary

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: Fuchsia hateful institution

(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: Mentally impaired passionate sanctuary

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: Fuchsia hateful institution

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: supple chrome water buffalo

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: Fuchsia hateful institution

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: Drunken Electric Bbw Mother



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



Reply Favorite

Date: July 24th, 2017 10:30 PM
Author: Stimulating very tactful set hairy legs

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: Flatulent hilarious stage

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: Drab Talented Marketing Idea

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: supple chrome water buffalo

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: thriller dog poop school

(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: Misunderstood primrose public bath queen of the night

*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: mind-boggling gay native chad



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



Reply Favorite

Date: July 24th, 2017 10:32 PM
Author: cyan center clown

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: nudist startled house

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: supple chrome water buffalo

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: Drab Talented Marketing Idea

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: Charismatic Reading Party

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: Drab Talented Marketing Idea

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: Mauve Free-loading Ceo Mediation

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: supple chrome water buffalo

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: Mauve Free-loading Ceo Mediation

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: supple chrome water buffalo

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: Fuchsia hateful institution

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: supple chrome water buffalo

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: Fuchsia hateful institution

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: fluffy exhilarant stead feces



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



Reply Favorite

Date: August 28th, 2017 2:50 PM
Author: Big macaca mad cow disease

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: Fuchsia hateful institution

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: Impressive hospital

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: Concupiscible ruby sex offender

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: thriller dog poop school

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: Contagious piazza

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: henna shivering electric furnace associate

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: twinkling gaped messiness friendly grandma

(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: lilac university lettuce

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: supple chrome water buffalo

35

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



Reply Favorite

Date: July 24th, 2017 11:14 PM
Author: lilac university lettuce

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: Concupiscible ruby sex offender

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: Poppy Garrison

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: idiotic toilet seat

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: Mauve Free-loading Ceo Mediation

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)



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Date: July 24th, 2017 11:15 PM
Author: Drab Talented Marketing Idea

UW-Madison followed by Northwestern?

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



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Date: July 24th, 2017 11:16 PM
Author: Mauve Free-loading Ceo Mediation

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)



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Date: September 16th, 2017 9:45 PM
Author: Vivacious white tank ticket booth

lol what is the job that you "love"

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



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Date: July 24th, 2017 11:30 PM
Author: heady carnelian trust fund station

that'd be so fucking CR

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



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Date: July 24th, 2017 11:16 PM
Author: Fuchsia hateful institution

0x295a9bf1647c3790824DFeD2507338Ff897De075

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



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Date: July 24th, 2017 11:18 PM
Author: lilac university lettuce

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)



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Date: July 24th, 2017 11:20 PM
Author: Mauve Free-loading Ceo Mediation

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)



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Date: July 25th, 2017 9:12 PM
Author: Concupiscible ruby sex offender

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)



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Date: August 28th, 2017 10:28 AM
Author: Irate hot black woman

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)



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Date: July 25th, 2017 4:56 PM
Author: Rusted lodge famous landscape painting



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



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Date: July 26th, 2017 1:28 AM
Author: emerald regret

*die unhappily.

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



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Date: July 24th, 2017 11:10 PM
Author: Mentally impaired passionate sanctuary

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)



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Date: July 24th, 2017 11:16 PM
Author: Drab Talented Marketing Idea

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)



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Date: July 24th, 2017 11:16 PM
Author: Fuchsia hateful institution

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)



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Date: July 24th, 2017 11:21 PM
Author: Mentally impaired passionate sanctuary

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)



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Date: July 24th, 2017 11:28 PM
Author: Fuchsia hateful institution

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)



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Date: July 24th, 2017 11:30 PM
Author: Mentally impaired passionate sanctuary

Yep.

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



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Date: July 24th, 2017 11:30 PM
Author: Fuchsia hateful institution

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)



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Date: July 26th, 2017 1:23 AM
Author: burgundy cerebral turdskin



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



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Date: September 16th, 2017 9:41 PM
Author: orchid cuckoldry

Woops!

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



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Date: July 24th, 2017 11:36 PM
Author: Drunken Electric Bbw Mother



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



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Date: July 25th, 2017 9:13 PM
Author: Concupiscible ruby sex offender

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)



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Date: July 24th, 2017 11:28 PM
Author: beady-eyed honey-headed skinny woman

180

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



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Date: July 24th, 2017 11:29 PM
Author: heady carnelian trust fund station

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)



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Date: July 24th, 2017 11:31 PM
Author: razzmatazz community account

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

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



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Date: August 28th, 2017 3:14 PM
Author: nudist startled house



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



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Date: July 24th, 2017 11:36 PM
Author: Misunderstood primrose public bath queen of the night

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)



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Date: July 25th, 2017 8:45 PM
Author: Fuchsia hateful institution



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



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Date: July 25th, 2017 9:12 PM
Author: Hairraiser Indian Lodge Gaming Laptop



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



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Date: July 26th, 2017 1:28 AM
Author: fluffy exhilarant stead feces



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



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Date: July 26th, 2017 7:56 AM
Author: Sadistic Bright Pozpig Hell

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)



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Date: September 16th, 2017 9:38 PM
Author: exciting pit half-breed

UNGH

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



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Date: August 28th, 2017 10:12 AM
Author: frisky tanning salon international law enforcement agency

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)



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Date: August 28th, 2017 10:24 AM
Author: Crystalline abusive brethren degenerate

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)



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Date: August 28th, 2017 10:38 AM
Author: Up-to-no-good zippy roommate

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)



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Date: August 28th, 2017 2:46 PM
Author: Rusted lodge famous landscape painting

CR

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



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Date: August 28th, 2017 3:16 PM
Author: Aromatic Peach Parlour Personal Credit Line

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)



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Date: September 16th, 2017 8:26 PM
Author: bateful doctorate death wish

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)



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Date: September 16th, 2017 9:49 PM
Author: dark well-lubricated stag film

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)



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Date: September 16th, 2017 11:32 PM
Author: supple chrome water buffalo

Thanks bro

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



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Date: September 16th, 2017 9:51 PM
Author: Startling Nibblets

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)



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Date: September 16th, 2017 9:59 PM
Author: orchid cuckoldry

Now imagine losing those years and not having the money.

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



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Date: September 16th, 2017 10:02 PM
Author: Startling Nibblets

Even worse.

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



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Date: September 16th, 2017 11:34 PM
Author: beady-eyed honey-headed skinny woman

But presumably they paid off their loans, WORTH IT?

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