VWVortex.com - Early Retirement Investing: Ditch my 2018 Golf R?
Username or Email Address
Do you already have an account?
Forgot your password?
  • Log in or Sign up

    VWVortex


    Page 5 of 5 FirstFirst 12345
    Results 101 to 106 of 106

    Thread: Early Retirement Investing: Ditch my 2018 Golf R?

    1. Member GeoffD's Avatar
      Join Date
      Aug 13th, 2001
      Location
      Killington, Vt & South Dartmouth, Ma
      Posts
      14,944
      Vehicles
      15 Outback 3.6R
      03-11-2019 09:13 AM #101
      Quote Originally Posted by dunhamjr View Post
      I also ask because at 31 you are right in the realm of when a lot of people are getting married and having kids.
      Your FIRE plans can change very drastically from when you are single to when you have a family.

      You can be non-specific if numbers bother you.
      But I am wondering if you know what your savings rate is NOW vs what it would be without the R.

      Honestly retiring early, unless you are a very frugal, but very high earner... ends up requiring a very large savings percentage rate in a lot of cases.
      If you actually dig into it, a large fraction of the FIRE crowd did it the old fashioned way and don't start out admitting it. Parents died and they inherited a big pile of money in their 40s.

    2. Remove Advertisements
      VWVortex.com
      Advertisements
    3. Senior Member dunhamjr's Avatar
      Join Date
      May 21st, 2002
      Location
      Kent, WA
      Posts
      25,761
      Vehicles
      06 Miata Sport, 14 Mazda6 Touring, 05 Sienna LE, 02 Ninja 250
      03-14-2019 06:36 PM #102
      Quote Originally Posted by GeoffD View Post
      If you actually dig into it, a large fraction of the FIRE crowd did it the old fashioned way and don't start out admitting it. Parents died and they inherited a big pile of money in their 40s.
      I don't think I have noticed this same phenomenon.

    4. Senior Member
      Join Date
      Sep 11th, 2000
      Location
      MA
      Posts
      27,152
      03-19-2019 08:24 PM #103
      Quote Originally Posted by GeoffD View Post
      … Parents died and they inherited a big pile of money in their 40s.

      Or, you could be my sister when my mother died in 2016 and, as executor of the estate, say everything is hers.

      She did send me a check for $5,000 and keep everything else for herself with some for her two kids (which she was even ticked that her kids got something).

    5. Senior Member
      Join Date
      Sep 11th, 2000
      Location
      MA
      Posts
      27,152
      03-19-2019 08:25 PM #104
      What is "FIRE crowd?"

    6. Senior Member dunhamjr's Avatar
      Join Date
      May 21st, 2002
      Location
      Kent, WA
      Posts
      25,761
      Vehicles
      06 Miata Sport, 14 Mazda6 Touring, 05 Sienna LE, 02 Ninja 250
      Yesterday 11:45 AM #105
      Quote Originally Posted by Cooper View Post
      What is "FIRE crowd?"
      Financial Independence, Retire Early

    7. Learning New Things Every Day. GreenandChrome's Avatar
      Join Date
      May 24th, 2002
      Location
      Don't move here, either.
      Posts
      10,855
      Vehicles
      '12 Earth F****r Limited EL; '12 A4q
      Yesterday 02:07 PM #106
      Quote Originally Posted by dunhamjr View Post
      I don't think I have noticed this same phenomenon.
      No, but you've seen the other FIRE population. And they don't exactly "retire" in the usual sense. They work as "consultants." Not that they offer anything of real importance, they just happen to have worked for a small software company during the late 80s and 90s for a few years and took lower salary in exchange for these things called "stock options." Or they start up VC companies, or start their own labor of love.

      The Seattle area has an amazing amount of millionaires that are practically invisible to most people.
      Making people aware of the Dunning-Kruger affliction. If someone you know is afflicted with Dunning-Kruger, please help. #knowthecure
      @mbull | instagram #imhardlyeverserious

      SRT_______________________________________________ ___________SRT

    Page 5 of 5 FirstFirst 12345

    Similar Threads

    1. Early MkII(85-86) Pennsylvania built golfs
      By Paxle in forum Golf II & Jetta II
      Replies: 12
      Last Post: 10-06-2004, 07:37 PM
    2. Replies: 12
      Last Post: 08-23-2004, 09:33 PM
    3. last ditch effort jetta golf swap
      By vwbird in forum Golf IV & Jetta IV
      Replies: 0
      Last Post: 06-15-2003, 10:02 PM

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •