The most prestigious law school admissions discussion board in the world.
|
 |
 
|
physician wife wants to buckle down on finances (we make 600k a year )
Poast new message in this thread
Date: May 7th, 2018 11:32 AM Author: Onyx Center and live in a fucking 700k townhouse. she's been listening to dave ramsey and wants to tighten up the finances to retire at 55. I have no interest in living like a pauper just to die at 56 from pinching pennies for the next 17 years. Am I wrong? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998439) |
 |
Date: May 22nd, 2018 4:41 PM Author: Avocado titillating church Lol at this thread being dead (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36106575) |
Date: May 7th, 2018 11:35 AM Author: stirring overrated dopamine hospital just get a $3M life ins policy on her and then do you know what (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998453) |
|
Date: May 7th, 2018 1:12 PM Author: razzle-dazzle greedy theater stage (Jimmy McGill) (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999251) |
|
Date: May 7th, 2018 2:35 PM Author: self-absorbed mood corn cake (Tex McIver) (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999983) |
|
Date: May 7th, 2018 11:35 AM Author: Pea-brained kink-friendly spot gaming laptop shitty flame (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998457) |
|
Date: May 7th, 2018 11:37 AM Author: Mind-boggling hyperventilating hell I will trade wives with you right now, sight unseen. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998473) |
|
Date: May 7th, 2018 11:38 AM Author: stirring overrated dopamine hospital lol (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998479) |
|
Date: May 7th, 2018 11:39 AM Author: Mind-boggling hyperventilating hell Mine is good looking and stays in shape. Offer stands. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998487) |
|
Date: May 7th, 2018 1:49 PM Author: Cordovan Crackhouse (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999547) |
|
Date: May 7th, 2018 2:13 PM Author: Awkward Ratface Travel Guidebook What if he told you his wife was slightly bigger than Sarah Huckabee Sanders? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999725) |
|
Date: May 7th, 2018 3:21 PM Author: Mind-boggling hyperventilating hell Sold. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000448) |
|
Date: May 7th, 2018 5:39 PM Author: disgusting elastic band brunch 180 (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36001686) |
|
Date: May 7th, 2018 3:47 PM Author: Slippery locale sneaky criminal (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000743) |
|
Date: May 7th, 2018 11:40 AM Author: Razzle nofapping filthpig doctorate 1) your wife shouldn't be listening to dave fucking ramsey
2) wtf is your problem |
|
Date: May 7th, 2018 11:48 AM Author: Mentally Impaired Stock Car Why can’t you retire at 55 if you guys make $600k/year (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998539) |
|
Date: May 7th, 2018 11:49 AM Author: Impertinent Electric Furnace (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998548) |
|
Date: May 7th, 2018 11:50 AM Author: diverse weed whacker (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998557) |
|
Date: May 7th, 2018 12:11 PM Author: Onyx Center that's my fucking point. even if she never put a penny in retirement she stands to get a pension of about 160k a year (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998701) |
|
Date: May 7th, 2018 1:14 PM Author: Underhanded school cafeteria really tough guy Seems like your spending is completely out of control and you are extremely materialistic. Trim it down to $30-40k a year spending and go from there. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999272) |
|
Date: May 7th, 2018 1:43 PM Author: cerebral embarrassed to the bone dilemma LOL @ this retardation. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999482) |
|
Date: May 7th, 2018 1:52 PM Author: Stubborn scourge upon the earth (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999575) |
|
Date: May 7th, 2018 3:20 PM Author: Fear-inspiring Spruce Newt (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000443) |
|
Date: May 7th, 2018 11:55 AM Author: Tripping potus address Probably should listen to her. Tons of money gets wasted on stupid shit when it should be going to crypto and index funds. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998588) |
|
Date: May 7th, 2018 12:12 PM Author: Onyx Center you mean index funds (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998705) |
|
Date: May 7th, 2018 3:24 PM Author: Sooty partner office you mean crypto (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000476) |
|
Date: May 8th, 2018 2:55 AM Author: electric house place of business ?? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36005104) |
|
Date: May 7th, 2018 11:56 AM Author: Racy blathering rehab son of senegal Your wife sounds credited as fuck (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998591) |
|
Date: May 7th, 2018 1:15 PM Author: Underhanded school cafeteria really tough guy She should divorce his ass (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999275) |
|
Date: May 7th, 2018 2:35 PM Author: self-absorbed mood corn cake (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999992) |
|
Date: May 7th, 2018 12:11 PM Author: bronze zippy piazza mental disorder "she's been listening to dave ramsey"
Is this when you first learned she has an IQ no higher than 113? |
|
Date: May 7th, 2018 12:12 PM Author: Onyx Center graduated top 1/3 of a top 5 med school explain why she listens to Ramsey (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998712) |
|
Date: May 7th, 2018 12:16 PM Author: Mind-boggling hyperventilating hell There are worse things she could listen to. Probably none of his advice applies directly to op but living below your means and becoming wealthy enough to work only when and how you want is credited as fuck. Who wants to be answering rogs in their 60s? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998738) |
|
Date: May 7th, 2018 12:18 PM Author: Onyx Center who wants to live like a pauper at a relatively young age? Im not saying lets go ape shit, but extreme saving is kinda well, extreme. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998754) |
|
Date: May 7th, 2018 12:19 PM Author: Mind-boggling hyperventilating hell Tightening up enough to retire at 55 when you make 600k is not a pauper's existence. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998763) |
|
Date: May 7th, 2018 12:22 PM Author: Onyx Center how much should we be saving a year with 2 relaitvely new luxury cars and a 700k house (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998789) |
|
Date: May 7th, 2018 12:26 PM Author: Mind-boggling hyperventilating hell Idk man do a budget and run the numbers. I'd think 150k shouldn't be too hard, if you buckle down 200k? That's well below extreme saver rates. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998820) |
|
Date: May 7th, 2018 12:26 PM Author: Mentally Impaired Stock Car $100k/year on everything is plenty with only a $700k townhouse.
So $300k/year ($400k post tax). |
|
Date: May 7th, 2018 12:27 PM Author: Onyx Center we should be saving 300k post tax?? jesus christ (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998829) |
|
Date: May 7th, 2018 12:44 PM Author: Mentally Impaired Stock Car You can’t live on $100k/year?
We have a bigger mortgage, one luxury car payment, other paid off, a kid with $22k/year toward childcare, and we saved $250k on $600k with effective tax rate of 32% combined fed and state. We waste plenty of money on shit and take 3-4 vacations/year.
No kids and lower mortgage means $300k easy. |
|
Date: May 7th, 2018 12:52 PM Author: Onyx Center Bro our annual net after fed and state taxes are 373k. Your numbers are a little off. our mortgage alone is damn near 50k. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999065) |
|
Date: May 7th, 2018 1:19 PM Author: Mentally Impaired Stock Car How is this possible that you have a $900k mortgage on a $700k townhouse? Cuz that’s how much my mortgage is and the payment is $4100/mo (not including property taxes of $14k/year). Also don’t see how anybody with a mortgage and property taxes pay more than 25% fed effective taxes.
Our post tax was $383k ($564k agi due to 401k contributions) so we spent ~$133k that year. we are not frugal and have a kid.
So even taking your number of $373k, there’s no reason you can’t save $273k/year with no kids. |
|
Date: May 7th, 2018 1:38 PM Author: cerebral embarrassed to the bone dilemma Depends on property taxes + HOA. CA is expensive property but cheap taxes. Taxes in a place like NJ or suburban NY is multiples of what you pay. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999439) |
|
Date: May 7th, 2018 1:44 PM Author: Mentally Impaired Stock Car Ok so let’s assume 4% on $700k, that $28k before deductions.
I still don’t see how his mortgage alone is almost $50k. Maybe he is counting the property taxes in it, which would make more sense.
In any case, I don’t think it’s hard for a DINK to ball out moderately and still save a ton of money on that sort of income.
|
|
Date: May 7th, 2018 1:47 PM Author: cerebral embarrassed to the bone dilemma Deductions aren't a thing anymore. $10k max and you'll max it out on your state income.
I assume he includes trust account (property taxes, insurance, etc.). So in other words, the amount he pays to his mortgage provider, not just the P+I portion of it.
I agree, but I would say his savings rate should probably be around $200k/year rather than $300k/year, which is probably not going to be achieved without penny-pinching. |
|
Date: May 7th, 2018 1:55 PM Author: Mentally Impaired Stock Car Based on the calculators, with the lower tax brackets overall, people at that income level will likely come out a little ahead even with the elimination of deductions going forward. There is already a cap on deductions due to AMT.
But as far as the budgeting goes, $100k/year in spending a year is far from penny pinching. But let’s say increase the budget and do $125k/year and he is still saving $250k/year. It’s a bit insane for a couple to spend $150k+/year and his wife is right they need rein in the spending if they’re getting close to that sort of spending. |
|
Date: May 7th, 2018 1:57 PM Author: cerebral embarrassed to the bone dilemma My response was less criticism of the tax plan than noting that property taxes are just not deductible anymore.
I would say if they save $200k/year they will meet their target of having enough to retire on and having enough to spend to make everyone happy. I don't see how anyone ends up unhappy in that scenario. |
|
Date: May 7th, 2018 6:24 PM Author: motley step-uncle's house new version you spend only $100K per year including your mortgage? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36002070) |
|
Date: May 7th, 2018 6:48 PM Author: Mentally Impaired Stock Car No we spend about $125k/year and that includes $22k for daycare so I don’t think $100k for a couple is unreasonable, even with $50k for housing built in.
That gives you ~$4k to play with every month. Now I know sometimes the credit card bill is $6k due to a trip or holidays whatever, but other months should be less. |
|
Date: May 7th, 2018 7:26 PM Author: motley step-uncle's house new version We spent $160,000 last year on everything including housing, with no kids and not really going on vacations. Of course mint is idiotic and is probably fucking some things up, but I am not sure how $100K is doable if you make car payments. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36002438) |
|
Date: May 7th, 2018 7:56 PM Author: Mentally Impaired Stock Car That has to be a mistake. Assuming you’re paying $60k for your mortgage, taxes and car lease, you’re spending over $8k/mo?
Honestly I think our spending has come down a ton in the last few years because we hardly eat out anymore. We prob spend $100-$150 on dining out (includes take out/delievry) a week. Groceries never cost as much as dining out. I also don’t spend money on lunch. Credit card bills have been consistently under $4000 btwn the two of us.
I bet if you looked at your food costs, there’s prob a bunch you can cut there. |
|
Date: May 7th, 2018 2:20 PM Author: Onyx Center yes i do, that figure is tax, tag, and title (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999805) |
|
Date: May 7th, 2018 1:17 PM Author: Underhanded school cafeteria really tough guy First thing first is sell the cars and get yourselves some beaters with good mpg. 92-98 civics or something. Next eliminate restaurants and drinking poison of any sort. Stop spening money on clothes or shopping unless its completely necessary. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999284) |
|
Date: May 7th, 2018 1:42 PM Author: cerebral embarrassed to the bone dilemma (guy who wants OP to live just as shitty of a life as he does) (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999474) |
|
Date: May 7th, 2018 2:21 PM Author: Onyx Center cr. what the fuck is wrong with these people man, god damn (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999811) |
|
Date: May 7th, 2018 1:41 PM Author: cerebral embarrassed to the bone dilemma I would say $200k/year (including 401k). That still gives you more than $4 million over 20 years (and I'm not even counting stock appreciation, interest, dividends, etc.). It also leaves enough for you to live the way you like. Based on your $373 after taxes, you can spend ~$173k/year, maybe more if you have corp 401k match. This should leave both you and your wife happy. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999468) |
|
Date: May 7th, 2018 2:22 PM Author: Onyx Center yup we both have matching 401ks and like i said she gets a 160k pension after 20 years or like 130k if she only works 15 (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999826) |
|
Date: May 7th, 2018 2:24 PM Author: cerebral embarrassed to the bone dilemma Pension + social security + 401k + savings means you'll be ridiculously wealthy in old age. I don't understand why you would need to save more than $200k/year unless you were saving for shit like bigger house, kids, etc. (basically, pre-retirement spending anyway). (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999846) |
|
Date: May 7th, 2018 2:29 PM Author: Onyx Center she wants a bigger house, i don't but im not entirely opposed to it. i kinda want another kid but i don;t know if i have the patience to fight with a 3 year at bed time again (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999917) |
|
Date: May 7th, 2018 2:31 PM Author: cerebral embarrassed to the bone dilemma Just factor that into your financial planning. There's a lot of room to leave everyone happy at these numbers. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999933) |
|
Date: May 8th, 2018 9:54 AM Author: spectacular misunderstood hall What the fuck do you want to buy, shrew. There is nothing worth buying but good food (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36005998) |
|
Date: May 8th, 2018 10:00 AM Author: cerebral embarrassed to the bone dilemma no (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006025) |
|
Date: May 8th, 2018 10:09 AM Author: spectacular misunderstood hall If you weren't a nigger, you'd save that money for your kids (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006099) |
|
Date: May 8th, 2018 3:26 PM Author: cerebral embarrassed to the bone dilemma no (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36008768) |
|
Date: May 7th, 2018 12:12 PM Author: Godawful Aromatic Community Account What are you spending all your money on? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998710) |
|
Date: May 7th, 2018 12:17 PM Author: Onyx Center nothing really just socking a lot of it away and we splurge on luxury shit occasionally
personal chef, gle 550 benz truck, audi s7, and 2 nice luxury vacations a year
|
|
Date: May 7th, 2018 12:18 PM Author: Impertinent Electric Furnace can you please dedicate an entire thread to the personal chef thing (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998756) |
|
Date: May 7th, 2018 12:20 PM Author: low-t ticket booth Lol cr (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998771) |
|
Date: May 7th, 2018 12:20 PM Author: 180 Death Wish Marketing Idea cr this is a fertile flame space that has not yet been explored (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998774) |
|
Date: May 7th, 2018 12:22 PM Author: Impertinent Electric Furnace I need this today (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998783) |
|
Date: May 7th, 2018 12:28 PM Author: Onyx Center posted it no response (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998833) |
|
Date: May 7th, 2018 1:14 PM Author: Dashing lay (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999265) |
|
Date: May 7th, 2018 1:08 PM Author: irate sanctuary LOL at your cars. Did you just sign your first NBA contract? Your wife listens to Dave Ramsey and is clearly smarter than you. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999218) |
|
Date: May 7th, 2018 1:10 PM Author: cerebral embarrassed to the bone dilemma WTF, those cars are awesome. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999237) |
|
Date: May 7th, 2018 1:16 PM Author: irate sanctuary Ya, you definitely need a 80k+ car vs am a4 for half that or a fucking civic. I'm sure that extra power is great in bumper traffic. I'll just assume this whole thing is flame. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999277) |
|
Date: May 7th, 2018 1:32 PM Author: cerebral embarrassed to the bone dilemma Yeah, I'm with OP here. Being a joyless douche while working hard and earning good money is a pointless way to live. No one knows if you'll even live to fucking 55 or long past it. Personally, I'm getting a nice as fuck car, enjoying it, and if I have to work a bit longer then nbd. And if you only drive in bumper to bumper traffic then that's on you, sport. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999395) |
|
Date: May 7th, 2018 2:15 PM Author: irate sanctuary * guy who doesn't understand compound interest * (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999749) |
|
Date: May 7th, 2018 2:18 PM Author: cerebral embarrassed to the bone dilemma *guy that doesn't understand that you can't take it with you* (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999778) |
|
Date: May 7th, 2018 3:08 PM Author: irate sanctuary *BOOMER mindset of escalating spending with income*
Would you rather have overpriced cars or put that money in index funds each year and have it turn into a sick beach house for you and your family?
Or give your kids money to get off to a great financial start?
Or retire 5 years early and travel while you're still young? |
|
Date: May 7th, 2018 3:19 PM Author: cerebral embarrassed to the bone dilemma I'd rather have a nice car. And you can tell I'm serious since that's what I'm doing. My wife doesn't want a "beach house" anyway (we'll rent whenever we want one). I'd rather have a nice car than just hand my kids cash. I'll have enough money to travel anyway and I don't intend to fully retire basically ever. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000429) |
|
Date: May 7th, 2018 3:25 PM Author: Mind-boggling hyperventilating hell True Russian mindset here. Low class all the way. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000490) |
|
Date: May 7th, 2018 3:27 PM Author: irate sanctuary This is probably what it feels like to talk about investments with some 21 yr old NFL draft pick or some C list movie star who got his first big check. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000509) |
|
Date: May 7th, 2018 3:34 PM Author: Mind-boggling hyperventilating hell Cr (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000605) |
|
Date: May 7th, 2018 5:38 PM Author: Underhanded school cafeteria really tough guy (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36001675) |
|
Date: May 7th, 2018 5:45 PM Author: Razzle nofapping filthpig doctorate (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36001748) |
|
Date: May 7th, 2018 6:21 PM Author: irate sanctuary HIGH PRAISE. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36002047) |
|
Date: May 8th, 2018 10:04 AM Author: spectacular misunderstood hall (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006053) |
|
Date: May 7th, 2018 1:10 PM Author: cerebral embarrassed to the bone dilemma Those cars are great. Why didn't you go for the 63 AMG? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999233) |
|
Date: May 7th, 2018 2:23 PM Author: Onyx Center I plan on getting an S63 next, just happened to get a great deal on a used S7 (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999839) |
|
Date: May 7th, 2018 2:27 PM Author: cerebral embarrassed to the bone dilemma I'm looking at a GLE 63 next. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999892) |
|
Date: May 7th, 2018 2:30 PM Author: Onyx Center fucking sweet ride mane and hella rare (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999920) |
|
Date: May 7th, 2018 2:31 PM Author: cerebral embarrassed to the bone dilemma ty. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999938) |
|
Date: May 7th, 2018 3:13 PM Author: irate sanctuary LJL JFC. Please tell me this is flame. Did you look up total cost of ownership?
I'm sure you guys have the $ at $600K, but just run some numbers on the opportunity cost. Run total cost of ownership over 3 years for those cars vs. an A4 vs. a Civic or whatever. Then take that yearly savings and look at how big it would be if you compounded at even 8% over 10, 20, 30 years. |
|
Date: May 7th, 2018 3:16 PM Author: cerebral embarrassed to the bone dilemma Ok, so what? Serious q. You drive a shitty car that is no fun at all to drive, he drives a car he actually enjoys. People spend a lot of time in their car. Yes, he could drive a civic, live in a tiny, cheap, shitty house, and stack a bunch of cash to ???
But for it to be "wasteful" you have to show a better alternative and "just saving the money" isn't an answer. |
|
Date: May 7th, 2018 3:25 PM Author: irate sanctuary LOL he doesn't have to step down to a civic, although I would. You can get an A4 or 328i for literally half the price and that doesn't even include maintenance.
I think the mistake you're making is you assume $30K today is the same as $30K in 10 years or 20 years, or 30 years. Except it's worth 7-10x if you just stick it in index funds until retirement time.
you could also buy an appreciating asset like a vacation home to rent out or a rental property, or an infinite number of other things.
Stick $50K in crypto and roll the dice on other asymmetric investment ops.
Not that he'll ever be hurting, but people wildly underestimate what they'll need for retirement, anyway, given life expectancies and medical costs. |
|
Date: May 7th, 2018 3:29 PM Author: cerebral embarrassed to the bone dilemma An A4 is shit. He likes actually nice cars, as do I. He can afford it, so he might as well get it.
Medical expenses when you're old can pile on to millions over several months. Foregoing the cars isn't going to save you. |
|
Date: May 7th, 2018 3:36 PM Author: irate sanctuary LJL you do realize an extra $5K in savings/year between 35 and 65 is ~1.5M, and still over $750K if you consider inflation. A4 vs. whatever souped up shit you're driving around in DC traffic is over $5K a year in true cost of ownership.
Edit: you seriously should either be a realtor or luxury car salesman to BOOMERs. dude, you'd fucking kill it, and I'm not trying to be a dick. |
|
Date: May 7th, 2018 3:38 PM Author: autistic indian lodge (Guy who everyone avoids at the party) (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000647) |
|
Date: May 7th, 2018 3:42 PM Author: irate sanctuary (Because he's showing them sick picture of his $2M beach house rather than talking about his Bimmer lease he can barely afford or talking about the depo he took at 71) (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000694) |
|
Date: May 7th, 2018 3:47 PM Author: cerebral embarrassed to the bone dilemma I don't need millions of dollars in my 70s for some ridiculous beach house that I could rent for cheap anyway. I'd rather enjoy life now and have the car I want. I'll save enough to be fine too. But I'm not going to be driving some shit A4 either. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000742) |
|
Date: May 7th, 2018 3:50 PM Author: irate sanctuary OK, this has been good flame. You're right: definitely better to rent and lease your car! (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000783) |
|
Date: May 7th, 2018 3:56 PM Author: cerebral embarrassed to the bone dilemma Huh? Buying the car. I also don't do anything stupid like trading it in every 2-3 years or whatever. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000819) |
|
Date: May 7th, 2018 4:51 PM Author: Onyx Center what's with the permanent stick up your ass man? did you wear a casio watch and short sleeve dress shirt with your orthopedic new balances to your firm every day JFC (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36001328) |
|
Date: May 7th, 2018 5:35 PM Author: irate sanctuary No, but I also didn't dress and spend money like Flava Flav, which apparently you two do lol. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36001645) |
|
Date: May 8th, 2018 10:08 AM Author: spectacular misunderstood hall Why don't you save that money for your kids, nigger? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006092) |
|
Date: May 8th, 2018 10:09 AM Author: Onyx Center how many millions of dollars does my fucking kid need cocksuck? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006106) |
|
Date: May 8th, 2018 11:36 AM Author: spectacular misunderstood hall Ljl keep driving your shitty 100k niggercar, prole (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006724) |
|
Date: May 8th, 2018 11:46 AM Author: cerebral embarrassed to the bone dilemma Enjoy your MINIVAN (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006834) |
|
Date: May 7th, 2018 3:46 PM Author: cerebral embarrassed to the bone dilemma tcr (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000730) |
|
Date: May 7th, 2018 4:50 PM Author: Onyx Center I spit out my diet coke (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36001319) |
|
Date: May 8th, 2018 7:08 AM Author: big business firm It’s not “fun to drive” ljl (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36005479) |
|
Date: May 8th, 2018 7:43 AM Author: cerebral embarrassed to the bone dilemma ? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36005554) |
|
Date: May 7th, 2018 12:19 PM Author: low-t ticket booth Yes, you are wrong. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998767) |
|
Date: May 7th, 2018 12:24 PM Author: Onyx Center why (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35998798) |
|
Date: May 7th, 2018 1:13 PM Author: Excitant deranged azn skinny woman *and a cucked faggot (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999262) |
|
Date: May 7th, 2018 1:18 PM Author: Underhanded school cafeteria really tough guy (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999289) |
|
Date: May 7th, 2018 12:49 PM Author: autistic indian lodge there is probably some middle ground here but (call me a boomer) i'm generally aligned to the fact that - provided you're not setting yourself up to be destitute at 70 - you can't take money to the grave so you might as well enjoy it. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999032) |
|
Date: May 7th, 2018 1:15 PM Author: cerebral embarrassed to the bone dilemma Agreed. With $600k/year HHI and a $700k home, you should be both living well and saving well. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999273) |
|
Date: May 7th, 2018 2:14 PM Author: Awkward Ratface Travel Guidebook Depends on location... 700k home is pretty bad in some expensive markets. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999739) |
|
Date: May 7th, 2018 2:19 PM Author: cerebral embarrassed to the bone dilemma I'm assuming they're happy with their home. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999787) |
|
Date: May 7th, 2018 2:24 PM Author: Onyx Center yes we are. we live in NOVA (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999848) |
|
Date: May 7th, 2018 2:25 PM Author: cerebral embarrassed to the bone dilemma That's perfectly fine for a nice home in that area. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999864) |
|
Date: May 7th, 2018 3:18 PM Author: irate sanctuary Going to 700K house in NOVA is really good on 600K salary.
As I wrote above, dude, I'd seriously nix the expensive car shit. Run some basic, honest #s on how much they're really costing you over the long haul. Then think about how much of that is a status symbol vs actual need. Particularly in DC, people probably are thinking LJL at this guy blowing his $ on cars when they see you. |
|
Date: May 7th, 2018 3:21 PM Author: cerebral embarrassed to the bone dilemma I'm getting a GLE 63 myself early 2019. I ran the numbers and am fine with it. It isn't about status symbol, it is about actually enjoying your life. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000445) |
|
Date: May 7th, 2018 3:33 PM Author: irate sanctuary I'm sure you're a good dood, but this is why people who make large salaries aren't always wealthy. When I was in big law, all of the partners made $1m+, so I figured all of them were wealthy as fuck. But then you dig deeper and you'd see some were 65 with only like $5M in retirement savings which couldn't sustain their spending levels in retirement, so they'd be holding on as of counsel begging for work. Then others would have like $15 mil at 55 and retire to travel and do political/public interest/or whatever they wanted part time. I'd rather be in the latter group. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000589) |
|
Date: May 7th, 2018 4:54 PM Author: Onyx Center I don't think you get it man. You can enjoy life, save and splurge on material things occasionally. I don't get this pauper mentality. It's not a matter of being nouveau riche but at what point do you fucking enjoy the spoils of your life? 55, 60? There isn't anything that I can do at 55 or 60 that I can do 62-65. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36001347) |
|
Date: May 7th, 2018 5:41 PM Author: irate sanctuary Smart people splurge on assets that increase in value (or at least retain it), like properties and investments, while nouvea riche "ballers" splurge on depreciating assets like cars and watches, like a bunch of rappers. Your assumption is you can't "splurge" (My car, my watch, MY BRUNCH!) on wiser shit like a big kid.
Hey, it's your life and money, do what you want. You're the one asking for advice. |
|
Date: May 7th, 2018 5:44 PM Author: disgusting elastic band brunch cr
there was a study on tv the other day about how more money =/= more happiness, but rather what the money means to you = more happiness.
in other words:
500k a year can mean nothing if you feel the need to buy expensive cars and watches to keep up.
or
500k a year can mean a ton if you appreciate getting a nice safe car that's under your budget, and maybe 1 or 2 fun watches that cost $200 each.
being in the latter mindset will make you happier.
and then yes, if you must "splurge" do it on a house, which will retain its net worth or go up. |
|
Date: May 8th, 2018 9:57 AM Author: Onyx Center you clearly have not met anybody working in finance on wall street (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006004) |
|
Date: May 7th, 2018 5:41 PM Author: disgusting elastic band brunch well you have to factor in that not all partners make the same amount of money. there's a pretty wide variation. many partners make the same or barely more than senior associates... which is still a great salary but would be harder to save up $15 mil on. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36001715) |
|
Date: May 7th, 2018 6:11 PM Author: irate sanctuary I worked at a lock step firm, so they all made the same amount of $. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36001961) |
|
Date: May 7th, 2018 5:45 PM Author: disgusting elastic band brunch ok yeah, 700K in NOVA is very reasonable on a 600K combined salary, particularly because Virginia is a pretty low tax state.
do you mean your outstanding mortgage is 700K or that was the original cost? |
|
Date: May 7th, 2018 1:47 PM Author: Amber contagious casino What's wrong with working from 55 to 65? What better use do you have of your time? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999531) |
|
Date: May 7th, 2018 1:51 PM Author: cerebral embarrassed to the bone dilemma Realistically, semi-retirement is better than full retirement anyway. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999564) |
|
Date: May 7th, 2018 1:53 PM Author: Amber contagious casino I don't know if I will ever really retire. I will probably just "ramp down." (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999578) |
|
Date: May 7th, 2018 1:53 PM Author: cerebral embarrassed to the bone dilemma That is my goal too. I don't understand the desire to live super cheap then do nothing when you're middle-age. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999581) |
|
Date: May 7th, 2018 1:57 PM Author: tan flickering organic girlfriend work fucking sucks ass. you really want to be dragging your ass out of bed in the morning every weekend for the rest of your life to get on some stupid conference call? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999603) |
|
Date: May 7th, 2018 2:02 PM Author: cerebral embarrassed to the bone dilemma So find a job that lets you work from home. Otherwise, sitting and doing nothing also sucks. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999635) |
|
Date: May 7th, 2018 2:05 PM Author: tan flickering organic girlfriend all jobs are either total shit, hard on the body, or require 24/7 availability. no such thing as part time work from home jobs (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999654) |
|
Date: May 7th, 2018 2:09 PM Author: cerebral embarrassed to the bone dilemma Look at people in retirement. They get dumb and slow and useless. It isn't a good thing. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999682) |
|
Date: May 7th, 2018 2:17 PM Author: tan flickering organic girlfriend pick fruit until you die in the field, then. i don't care (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999769) |
|
Date: May 7th, 2018 2:19 PM Author: cerebral embarrassed to the bone dilemma I'm perfectly happy with my job. If I was old I'd be happy with a part-time version of this basically until I die. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999796) |
|
Date: May 7th, 2018 2:21 PM Author: tan flickering organic girlfriend nobody is going to give your old ass a part time version of your current job, you dumb fuck. you'll get fired when you get older like most people and have to take a shitjob (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999823) |
|
Date: May 7th, 2018 2:22 PM Author: cerebral embarrassed to the bone dilemma See below. At that point I'd start my own small firm. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999829) |
|
Date: May 7th, 2018 2:10 PM Author: Stubborn scourge upon the earth Also, you need to factor in that GC is going to make future jobs even more stressful and dehumanizing. Less rewarding too, financially and otherwise. You can't expect our hellworld to stop its current trajectory and just even out. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999689) |
|
Date: May 7th, 2018 2:13 PM Author: tan flickering organic girlfriend yeah just get a "part time" job that requires you to be available for a shift with 30 minutes notice at any time and lord help you if you miss that call and have to endure the lecture about responsibility from someone else half your age. that sounds great (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999726) |
|
Date: May 7th, 2018 2:09 PM Author: Amber contagious casino You can do whatever you want if you open your own law business. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999683) |
|
Date: May 7th, 2018 2:14 PM Author: tan flickering organic girlfriend that's impossible unless you pursued one of a handful of career tracks (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999742) |
|
Date: May 7th, 2018 2:21 PM Author: cerebral embarrassed to the bone dilemma Not really. I could set up my own firm to do what I do for small companies pretty easily. Might do that when I'm old if I get pushed out to sea on an iceberg. Can't think of too many examples in-house where that isn't the case. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999816) |
|
Date: May 7th, 2018 2:22 PM Author: tan flickering organic girlfriend no you couldn't, and if you try, you'll fail (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999830) |
|
Date: May 7th, 2018 2:25 PM Author: cerebral embarrassed to the bone dilemma What makes you say that? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999855) |
|
Date: May 7th, 2018 3:46 PM Author: irate sanctuary Yes, in-house counsel are always dying to work with some 70 yr old attorney they don't identify with and who doesn't understand the latest tech and can't get back to them promptly because he's getting his 4th colonoscopy of the year. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000724) |
|
Date: May 8th, 2018 2:54 AM Author: Submissive dead resort sound barrier (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36005100) |
|
Date: May 7th, 2018 1:52 PM Author: tan flickering organic girlfriend what's your net worth? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999573) |
|
Date: May 7th, 2018 1:56 PM Author: Cordovan Crackhouse Are you going to have kids? Would save more if you are. But otherwise you are fine. What the fuck are you going to spend your time on as 55-65 year olds with no kids anyway? You could be working half time or less by then if you make good investments. And if you don't have to move to a bigger house because of kids, your place will be paid off. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999597) |
|
Date: May 7th, 2018 2:26 PM Author: Onyx Center and that's precisely my point. she's just wants to be the fun police (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999876) |
|
Date: May 7th, 2018 2:31 PM Author: Cordovan Crackhouse What's your point? Are you having kids or not JFC. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999930) |
|
Date: May 7th, 2018 2:33 PM Author: Onyx Center no (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999962) |
|
Date: May 7th, 2018 2:01 PM Author: Cordovan Crackhouse Twist: OP claims to be black.
http://www.autoadmit.com/thread.php?thread_id=2188955&forum_id=2#35999000 |
|
Date: May 7th, 2018 2:30 PM Author: Onyx Center i am (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999929) |
|
Date: May 7th, 2018 2:19 PM Author: motley step-uncle's house new version Good for her! (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999795) |
|
Date: May 7th, 2018 2:30 PM Author: beady-eyed big-titted private investor theater I don't understand why you can't retire by 40 (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999927) |
|
Date: May 7th, 2018 2:32 PM Author: Onyx Center lol i know right i should beem able to retire after college realistically but i made poor financial decisions (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999944) |
|
Date: May 7th, 2018 2:32 PM Author: cerebral embarrassed to the bone dilemma (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999954) |
|
Date: May 7th, 2018 2:32 PM Author: cerebral embarrassed to the bone dilemma So have her leave a $130-160k/year pension on the table? Why are you guys such lazy faggots that hate your jobs so much? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999950) |
|
Date: May 7th, 2018 2:33 PM Author: beady-eyed big-titted private investor theater ?? who the fuck cares about retiring when you're old and useless
most olds i see who are over 60 are practically dead, with flesh falling off and decrepit. might as well be literally dead.
might as well seize what little youth you have remaining and not work and do fun stuff while "young" (40 isn't young) |
|
Date: May 7th, 2018 2:36 PM Author: cerebral embarrassed to the bone dilemma What is this "fun stuff" you're going to do retiring early at 40 after penny-pinching during the best years of your life? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#35999994) |
|
Date: May 7th, 2018 2:47 PM Author: Onyx Center the pumo is not where near being able to retire by 40 i don't know why he even bothered pressing "poast" (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000085) |
|
Date: May 7th, 2018 3:15 PM Author: cerebral embarrassed to the bone dilemma I just don't get the appeal. Two scenarios:
1. You have a typical UMC path and you scrounge together say, $1 million and maybe some change. Assume you live to 80. You now have 40 years to live on $1m. That is SPS. Comes out to $25k/year (excluding interest you get).
2. You are unusually successful. Say you scrounge together more like $2 million. Now you have $50k/year (also excluding interest) which is still SPS. This is somewhat sadder because you went from being really successful to sitting on your ass unemployed.
What do you even do? Go be the youngest guy in retirement communities or what? Also, plenty of people live past 80. Do you killself if that's you?
It just seems like a pathetic "dream". |
|
Date: May 7th, 2018 3:23 PM Author: beady-eyed big-titted private investor theater (guy with no life)
I'd spend more time outdoors, with animal doods, in flyover
Yes, there is a life outside of the train tracks in Bed Stuy |
|
Date: May 7th, 2018 3:32 PM Author: cerebral embarrassed to the bone dilemma I spend a ton of time walking my dog in nature areas, urban areas, etc. Can't say I'm lacking this in my life.
Flyover is shit. |
|
Date: May 8th, 2018 12:37 AM Author: bronze zippy piazza mental disorder Living to be a bitch isn't much of a dream either. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36004823) |
|
Date: May 8th, 2018 2:55 AM Author: Submissive dead resort sound barrier You are a fundamentally broken rat fuck kike (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36005101) |
|
Date: May 8th, 2018 7:42 AM Author: cerebral embarrassed to the bone dilemma *spins* (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36005551) |
|
Date: May 7th, 2018 3:21 PM Author: beady-eyed big-titted private investor theater I'm in my early 30s and will probably inherit a few million in around 10 years, but no, I wouldn't have been able to make it on my own
Still, lots of stuff to do in my free time - hiking, outdoors shit, be a volunteer park ranger and work my way up to part time status, take up falconry, etc. |
|
Date: May 7th, 2018 3:33 PM Author: cerebral embarrassed to the bone dilemma Sooooo, you're going to trade working for money to working for free? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000584) |
|
Date: May 7th, 2018 3:36 PM Author: beady-eyed big-titted private investor theater working for money in a job you don't like is pointless if you can support yourself otherwise. working for free in a "job" you like isn't really working. if you end up getting paid doing something you love, then that's great. unfortunately, those types of jobs (ones where people really enjoy their work)are really rare and often low paid.
if law and medicine paid below six figs, most would not want do them b/c they are shit jobs. people mainly go into a profession thinking they can "get rich" or whatever nonsense they believe at the time of applying. |
|
Date: May 7th, 2018 3:57 PM Author: cerebral embarrassed to the bone dilemma I guess I like my job which is a rarity around here. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000833) |
|
Date: May 7th, 2018 6:38 PM Author: Adventurous brass ceo Yes, some extremely boring losers out there like shuffling paperwork all day (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36002159) |
|
Date: May 8th, 2018 9:59 AM Author: cerebral embarrassed to the bone dilemma We can't all be super exciting people like volunteer park rangers. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006012) |
|
Date: May 8th, 2018 11:15 AM Author: beady-eyed big-titted private investor theater People literally clamor to be volunteer park rangers - just LOL @ anyone wanting to practice law or medicine if it paid shit money (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006564) |
|
Date: May 8th, 2018 3:04 PM Author: Onyx Center no jerk off, people clamor to surf, golf, coach high school athletics, hunt...etc. I assure the wait list for volunteer park ranger is either short or non-existent (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36008606) |
|
Date: May 8th, 2018 3:26 PM Author: cerebral embarrassed to the bone dilemma (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36008771) |
|
Date: May 8th, 2018 7:28 AM Author: big business firm be a volunteer park ranger and work my way up to part time status, take up falconry, etc.
Lmao |
|
Date: May 8th, 2018 11:12 AM Author: beady-eyed big-titted private investor theater I'm the bird pumo (have a few bird doods already), so it's really just a continuation of my current hobbies - have already started learning about falconry and plan on getting a falcon the moment I move to flyover.
Point is there are LOTS of fun shit to do in early retirement that's relatively low cost. |
|
Date: May 8th, 2018 12:33 AM Author: bronze zippy piazza mental disorder Freedom (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36004806) |
|
Date: May 7th, 2018 3:24 PM Author: Fear-inspiring Spruce Newt OP is fatceps you dumb fucks. His wife makes $600k. Now do you still agree with his and TMF's obsession with nigger-rich spending? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000480) |
|
Date: May 7th, 2018 3:33 PM Author: cerebral embarrassed to the bone dilemma I don't actually know who that is. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000592) |
|
Date: May 7th, 2018 3:39 PM Author: 180 Death Wish Marketing Idea can't be fatceps, Tata doesn't even make a $50K car (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000664) |
|
Date: May 7th, 2018 4:08 PM Author: motley step-uncle's house new version so he is bitching that his wife wants him to keep his spending as a kept man down, while he literally spends her money to concoct schemes to cheat on her constantly. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36000923) |
|
Date: May 7th, 2018 4:58 PM Author: Onyx Center i don't concoct shit you raging lunatic ashamed to be azn. when are you getting round eye surgery? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36001372) |
|
Date: May 7th, 2018 5:21 PM Author: motley step-uncle's house new version settle down with the sad attempt at racism.
You are constantly bragging about supposedly stalking hotel bars to pick up slores behind your wife's back. |
|
Date: May 8th, 2018 9:59 AM Author: Onyx Center you hate being azn. you're are half and half yet the world still sees you as azn and that eats at you each and every day (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006016) |
|
Date: May 8th, 2018 11:14 AM Author: beady-eyed big-titted private investor theater dood, Earl is HANSOME - leave him alone (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006555) |
|
Date: May 8th, 2018 3:05 PM Author: Onyx Center tell him to embrace his azn side (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36008616) |
|
Date: May 7th, 2018 10:02 PM Author: Abusive umber fanboi (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36003501) |
|
Date: May 7th, 2018 5:34 PM Author: Laughsome psychic Sounds like thundercollins tbh (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36001634) |
|
Date: May 7th, 2018 10:28 PM Author: unhinged round eye box office you realize podiatrists aren't physicians, right? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36003738) |
|
Date: May 8th, 2018 2:56 AM Author: Submissive dead resort sound barrier Xo is fucking terrible (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36005106) |
|
Date: May 8th, 2018 2:58 AM Author: Marvelous Church Building (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36005112) |
|
Date: May 8th, 2018 8:17 AM Author: cerebral embarrassed to the bone dilemma ? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36005625) |
|
Date: May 8th, 2018 10:01 AM Author: Mauve Queen Of The Night you just don't want wifey scrutinizing expenses amirite (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006034) |
|
Date: May 8th, 2018 10:07 AM Author: Onyx Center not even, i dont want her obsessing over retirement (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006077) |
|
Date: May 8th, 2018 10:08 AM Author: Mauve Queen Of The Night does she hate her job? the early retirement crowd mostly just hates getting up to go to work ime.
i don't get the retirement at 50 crowd. you're already old at 50. from my current perspective anyways. you can't do anything new at 50 vs 65 can you? and if you've been a company women/men for 30+ years, what are the chances you'll do well outside that structure as an OLD? at that point it's good for warding off dementia. ime boomers who've worked until 50 want to continue unless job is too stressful.
if you early retire do it by 30 to 40. then do something cool.
actual 50 year olds have a lot of issues pulling the plug absent some early retirement pension provision - which you seem to have? anyways - that's when healthcare costs jump (until medicare eligibility at 65) and then people just have issues getting off the company purchased health insurance teet. |
|
Date: May 8th, 2018 10:12 AM Author: Onyx Center therein lies my point (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006121) |
|
Date: May 8th, 2018 10:13 AM Author: Mind-boggling hyperventilating hell How much of the 600k is your income, how much is hers? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006128) |
|
Date: May 8th, 2018 10:13 AM Author: Onyx Center what difference does it make (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006134) |
|
Date: May 8th, 2018 10:15 AM Author: Mind-boggling hyperventilating hell If she's making all the cash she ought to have at least as much right as her no good layabout husband to decide how it's spent, don't you think? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006145) |
|
Date: May 8th, 2018 10:17 AM Author: cerebral embarrassed to the bone dilemma Honestly, I concur with this. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006162) |
|
Date: May 8th, 2018 10:19 AM Author: Onyx Center my problem with this statement is 99% of men who make similar money to my wife still have almost no say in their homes with respect to major decisions. The man makes 85% of the money yet the woman makes 85% of all meaningful decisions either by asserting herself or whining. Where are you numerous threads about how women should relinquish some of the power in the house given their financial stake in the household (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006169) |
|
Date: May 8th, 2018 10:21 AM Author: Mauve Queen Of The Night you sound like a whiny faggot. most wives with massive earnings imbalances relative to their husbands are rearing children. most of the expenses are 3+ bedroom real estate and children (e.g. tuition payments) related.
you're not even doing that. |
|
Date: May 8th, 2018 10:23 AM Author: Onyx Center no they fucking aren't dipshit. it's no coincidence that many of these couples also have nannies, maids and personal chefs. WOW such child rearing |
|
Date: May 8th, 2018 10:24 AM Author: Mauve Queen Of The Night at least you admit you view yourself as equivalent to sahms with nannies wtf? and actually a bit less because you haven't birthed and don't have any childcare responsibilities. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006205) |
|
Date: May 8th, 2018 10:24 AM Author: Onyx Center that the best you got homo (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006209) |
|
Date: May 8th, 2018 10:25 AM Author: Mauve Queen Of The Night that's the 500K+ crowd, sahms with nannies and maids. so split is 500/100? (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006216) |
|
Date: May 8th, 2018 10:27 AM Author: Onyx Center that's the crowd im in einstein (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006229) |
|
Date: May 8th, 2018 10:29 AM Author: Mauve Queen Of The Night just give up lol. sex-reversed couples in that situation don't have the wife work cause the marginal income is worthless relative to what you give up in flexibility as a family. that's why they all end up blogging or doing some other flexible flame job. (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006238) |
|
Date: May 8th, 2018 10:52 AM Author: Onyx Center my marginal income isn't worthless and if was a bachelor id be doing pretty well for myself. just not 600k well (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006381) |
|
Date: May 8th, 2018 10:57 AM Author: Mind-boggling hyperventilating hell You got your fucking face rubbed in it ITsT (http://www.autoadmit.com/thread.php?thread_id=3970321&forum_id=2#36006423) |
|
Date: May 8th, 2018 10:08 AM Author: blue boistinker half-breed Dude, with that kind of income you should learn to invest over a several year period - you can probably quit working in 3-5 years if you were seriously frugal
Look into buying a business or some real estate |
|
Date: May 8th, 2018 10:11 AM Author: Onyx Center you seriously think you can beat the market?
you're basically saying i could be getting 20-30% ROI which is ridiculous. sit down junior |