|
Mofabio posted:Fair, yeah. I kind of suspect that he's fine with high-earners being free from work, and fine with low-earners having to work - even though his and anarchist criticisms of work apply to both. And I suspect he'll justify this view with something like, well, you have to "earn" your retirement though hard work and self-sacrifice. This is getting dangerously off-topic, but I'm curious as to what you're saying the anarchist alternative is. In an ideal anarchist world, everyone would be FI and free from work, because...? What exactly is the replacement for people earning an early retirement by working and saving?
|
#
¿
Aug 3, 2015 23:19
|
|
|
|
| # ¿ May 10, 2024 01:13 |
|
|
BossRighteous posted:60k as an on-the-top bonus? To stay 1 year? Woah.
|
|
#
¿
Aug 4, 2015 00:07
|
|
|
poopinmymouth posted:Well it's more than just anarchist, but some people (myself included) believe that every human should have a certain set of base standards simply because they are alive and a fellow human and we have the ability to do so. I mean, isn't this veering into "why should we keep a quadriplegic person alive if they can't contribute to society?"
|
|
#
¿
Aug 4, 2015 16:57
|
|
|
MJBuddy posted:Governance =/= Government. But seriously, I don't doubt that providing for the needy could happen some of the time in some stateless societies. I just seriously doubt it would happen at anywhere close to the same rates it currently happens in modern developed countries.
|
|
#
¿
Aug 4, 2015 19:26
|
|
|
The main problem I have with that calculator is that there's no way to set a different spending rate for post-retirement.
|
|
#
¿
Aug 23, 2015 18:43
|
|
|
That's a good post, don't see what the problem is (he even includes a counterpost). He's absolutely correct that most people don't seem to consider the real costs of a dog. That doesn't mean nobody should get dogs, it just means that people should really consider all the downsides. For example, I have a relative who doesn't make much money (or seem to be managing it very wisely...) whose family recently donated some money to him to help pay for his dog's medical expenses, because he didn't have enough to pay for them. Or just look at how it's hamstrung KG: he's a programmer living 4 hours away from the programming capital of the world, normally it would be a no-brainer for him to go there early in his career for career growth, but it's extremely difficult for him to consider taking a job there because of his dogs and cats. Dogs aren't like other lifestyle purchases because the emotional component is obviously so strong. That means they can be more rewarding, yes, but it also means that giving them up if you decide getting a dog was a mistake is super hard, arguably harder than reversing a mistake with a car or home purchase, so really contemplating whether it's a good idea to get a dog is important. Cicero fucked around with this message at 18:44 on Sep 8, 2015 |
|
#
¿
Sep 8, 2015 18:41
|
|
|
Inverse Icarus posted:He definitely makes a bunch of leaps, though. "WHAT IF THE DOGS MAKE YOU BUY A HUGE TRUCK YOU NEED TO FILL WITH GAS ALL THE TIME?! HOW ARE YOU GOING TO RIDE WITH YOUR DOGS ON YOUR BIKE?!" edit: to be sure, this same logic applies to kids except even more so, but I think that people tend to be more aware of the huge impact having a kid will have on their life. Cicero fucked around with this message at 18:55 on Sep 8, 2015 |
|
#
¿
Sep 8, 2015 18:52
|
|
|
I think it's hard for him to figure out how to do it creatively (or rather, it wouldn't occur to him to post about how to do it creatively, or maybe he doesn't think he could do the topic justice) because he doesn't have a dog himself, whereas he does shop for groceries, use the internet, drink beer, etc. edit: I admit I am biased here because I don't want a dog or cat for precisely the reasons he outlines. I do like pets, but kids are enough of a restriction on my freedom/drain on my finances, thanks. Cicero fucked around with this message at 19:25 on Sep 8, 2015 |
|
#
¿
Sep 8, 2015 19:19
|
|
|
Struensee posted:So in Denmark, we pay taxes on both realised and unrealised gains on securities year by year. The tax rate on these gains starts out at 27% for the first ~10000 bux and 47% on anything above that.
|
|
#
¿
Oct 13, 2015 19:27
|
|
|
20k emergency fund sounds fine to me since it also sounds like you two have frugal habits. Have you looked into whether your company supports the mega backdoor Roth IRA? http://www.bedrockcapital.com/blog/bedrocks-guide-to-saving-for-retirement-the-mega-backdoor-roth-ira/
|
|
#
¿
Nov 10, 2015 21:44
|
|
|
I'm surprised that people are surprised. His blog is extremely popular and it was already known that he monetizes it, he's talked about this before. It'd be one thing if someone discovered that he secretly takes luxury trips to Paris every year or something, but simply making lots of money doesn't directly undermine his message, especially since he stopped working before he had the blog. Not a Children posted:Welp, it was a big mistake to let that out. No matter how anal you are about saving, it's hard to truly believe someone who espouses the possibility of FIRE for the layman while making mid-6-figures from sponsorships. Hell, I found it hard to buy into it knowing that he rode the height of the dot com boom to an exceedingly good start in his 20s. Whether the path he followed to initially become FI applies to "the everyman" depends on your definition of everyman. If you go by the median household income for everyone, becoming FI quickly is definitely very difficult. On the other hand, if you're talking median household income for college-educated white collar professionals (which seems to be the target demographic for the blog), then it's at least moderately realistic, especially if it's a DINK household. Cicero fucked around with this message at 02:32 on Feb 23, 2016 |
|
#
¿
Feb 23, 2016 02:27
|
|
|
EAT FASTER!!!!!! posted:I'm adopted and I think it's awesome - we want more kids than we have time, so I think we're going to try to adopt the last ones. http://www.theverge.com/2017/1/19/14319654/adoptly-tinder-for-child-adoption-app-kickstarter-parody-startup
|
|
#
¿
Jan 19, 2017 20:56
|
|
|
Sundae posted:
|
|
#
¿
Apr 22, 2017 17:43
|
|
|
Ralith posted:What risk are you eliminating by paying off a mortgage? You're never going to magically end up owing more money than interest, and interest is predictable (not to mention cheap).
|
|
#
¿
Sep 4, 2017 04:31
|
|
|
Mofabio posted:Recession's more likely in the next year when you're 10 years away from the last one, versus 2 years. I don't think anybody, except maybe Ralith, disagrees with that.
|
|
#
¿
Sep 4, 2017 20:57
|
|
|
UnfurledSails posted:Basic question that's most definitely answered but it's not in the OP so
|
|
#
¿
Sep 15, 2017 12:19
|
|
: Should I focus on maxing out my 401k if I intend to retire early? I'll definitely have to pay the early withdrawal penalty, right? So what would be the point? Shouldn't I just put all my savings into an index fund instead?
|
The problem is that the high-paying jobs are usually the ones that are less flexible about reduced hours.
|
|
#
¿
Sep 19, 2017 09:19
|
|
|
|
| # ¿ May 10, 2024 01:13 |
|
|
Hoodwinker posted:I absolutely use consumables and pop cooldowns whenever possible in RPGs. It doesn't make sense to hoard them when you can derive a non-zero value from them with use.
|
|
#
¿
Jan 26, 2018 13:05
|
|