R fatfire.

FAT life with an alcoholic. My husband (42M) has had issues with alcohol for years, but has always been very functional. I’m beginning to realize how big his problem is. He is still highly functional (does not seem to impact his work), but his repeated attempts to cut back on his alcohol intake have not been successful.

The answer to your question is a tax free transfer of wealth. Life insurance is not taxed and not included in the 11m cap. A large whole life policy, while having an expensive premium, could save your heirs in taxes. If they aren’t yet fatFIRE they are unlikely to have the level of wealth where this matters..

Ours included dinner / drinks / lodging in a rented house the day before the tournament. They typically have a shuttle that drops you off outside the entrance to Augusta and picks you back up. It's expensive, but one of the only ways to guarantee access to the Masters for outsiders.We would like to show you a description here but the site won’t allow us.At a 4% SWR, you'd need assets of a bit over $5 million. For an easy definition, I'll call FatFIRE as $200K in passive income and/or $5MM in investments. (The and/or is because income vs. investments can be wibbly/wobbly when things like pensions come into play.) 95th Percentile: $274K/yr. 99th Percentile: $504K/yr.r/architecture Rules. 1. Don't ask for free or compensated labor. 2. Don't ask for others to complete your homework. 3. Don't ask for a job. 4. Don't spam, overpost, or aggressively self-promote.

It’s completely reasonable to plan a fatFIRE lifestyle at $10m. But if you read this subreddit, there’s a massive chance that once you get to $9m, instead of being happy taking the win, you start imagining the cool stuff you can do with $15-30. And then you keep working for decades beyond the original plan. 11. At $10 million you can afford $30k a month on housing and living expenses. $10k-$15k a month rents a very nice home and allows plenty of money to live fat otherwise. Giving. I don't understand the value of working to get from $10 million to $30 million so you get more recognition when giving.

I just opened a brokerage account, I’m in my 20s looking for tech stocks that have a huge upside potential, something like nvidia or AI… appreciate it. r/Fire: FI/RE (Financial Independence / Retiring Early) is a money strategy that's sweeping the nation. It's not easy, but it is simple: earn more ….

Mar 16, 2023 ... The R/Fat Fire community has a story of how this lucky engineer joined ... How I Retired With 3.5 Million | R/FatFire. 40 views · 6 months agoI have a fatfire-type question regarding prenups that I would appreciate hearing others' thoughts about. In my state, assets owned before marriage are separate property that is not divided in a divorce. Increases in value of those assets that occur passively remain separate property. Asset accumulation from income earned by working during a ...As for the actual driver it seems like you have lots of advice on here. If you really like a driver from a service then just make a personal connection and an offer. If you want a driver to literally wait on you at all times that will probably cost about $80k per year but obviously thats a loose figure. But anyway, answering the main question, yes people fatFIRE from eCommerce all the time. It's just a matter of deciding when is the right time to exit, IMO. 2. panache123 • 1 yr. ago.24.8% of people can be excluded due to young age (0-19), leaving 75.2% of the population as potentially in FATFIRE. Of that 75.2%, the 50+ segment are proportionally representing 47.9% of the potentially FATFIRE. That's a very large portion. I assume that people within that segment: Are more likely to be retired.


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In addition to the "extra $280K," you'll also need to spend (say) $150K to sell your current house (brokerage commissions, closing costs, etc) and to pay for moving. That's a lot of money just to upgrade from a $2M house to a $2.52M house. Not if they sell their existing house for 10% more “than it is worth” as well.

r/fatFIRE • 1 mo. ago by TopCrab129 Am i ready for Fat Fire Not sure if I belong in this community but am posting regardless, I'm 54M, physician..

Fashion. Deal Grabbers. Browsers. Top 1%. Ranked by Size. 138,004 members. 14,977 members. r/frugalmalefashion: The place for coupons, discounts, sales, and deals when it comes to male fashion. Visit the Wiki for more information regarding ….An even better answer: VSTAX in a irrevocable trust using your lifetime exemption gifting + crummey powers if you want to do $15k/$30k annual gifting to it. Again, at low 8 figure NW, you can't afford to send off 50%-100% NW in a irrevocable trust to dodge estate taxes. This is more mid-8 figure NW planning.Pretty much normal, housing, travel, food etc. I overspend a bunch on food and entertainment but don't buy a lot of stuff. Usually $250-275k a year, but more this year with how hotels and other travel-related expenses have blown up, plus we bought a Tesla Model S. Biggest expense categories are travel and dining out.r/fatFIRE • 1 mo. ago by TopCrab129 Am i ready for Fat Fire Not sure if I belong in this community but am posting regardless, I'm 54M, physician.For CPAs, mine is 650/hr and the help is 200-450/hr depending on experience/seniority. Again, your annual cost will vary wildly. In years with asset audits, my annual accounting spend is between $150,000-$300,000. If it’s just personal and not my businesses, between 5,000-25,000 annually. Fine-Mission-2312 • 2 yr. ago.This is our 2022 budget based on my - hot off the press - actuals for 2021. We are 56m / 53f in an MCOL. For us, this is a < 1% WR. We're kind of fat NW but with a chubby/regular FIRE spend. This is our 3rd year being retired. The bottom line is we had income and expenses of around $90K. That's around 60th percentile. Yearly.

Wealth and Financial Independence/Retire Early. r/fatFIRE. Retire with a fat stash. 379K members • 859 online.Say you invest $100 this year in each a Traditional and a Roth, while in a hypothetical 30% bracket and claim the deduction. Trad gets $100; Roth gets $70. At the end of 30 years at 6% annual, you wind up with $574.35 in Traditional and $402 in Roth. If you assume that $574.35 in Traditional is taxed at the present 30% marginal rate on ...Surprisingly, there are a ton of real people lurking this sub. I do feel like a lot of times, either NW or business valuations may be inflated. There’s a lot of people with $5m+ in this world. Many people, even high level executives with Ivy League educations, don’t know what to do when it comes to their own money. Yes! Think about it terms of percentages. Going from $1 to $100,000 is a 10000000% increase. Going from $100,000 to $1m is a 1000% increase. Going from $1m to $2m is a 100% increase. The first million is always the hardest because you essentially have to earn the full million on your own. I generally see people reporting it takes about three ...I'm a therapist and my patients are mainly "fatfire" people. Them being patients, I obviously have the ultimate selection bias. Yet: What I find is that those who lean too much into this logic of optimization are the ones that suffer from a (literal) maddening degree of alienation.r/fatFIRE • 1 mo. ago by TopCrab129 Am i ready for Fat Fire Not sure if I belong in this community but am posting regardless, I'm 54M, physician.Go to Reddit comment. r/fatFIRE • comment 9 points • jrwren. The course is free on coursera and well done for a pre-recorded course. https://www.coursera.org ...

The objective of the Wellington Fund is to provide both (1) long-term capital appreciation and (2) reasonable current income. And to do so with (3) consistency and low volatility. This is a tall order. But Wellington tries to achieve their goals by: Setting an asset allocation of 60% to 70% stocks and 30% to 40% bonds.Maybe this is a duplicate question. Is ability to spend $150k/year, retired from work and house paid off considered fatfire? What is considered fat…

Ever wanted to find treasure that's been available yet buried in /r/fatFIRE over the years? Here's a guide that could help you in your search. Have fun!Of course, you need to qualify under the income limits. But, this would be a HUGE discount. You can't even rent a room for $775, so getting a full-blown apartment for $775 is incredible. $1050 is also amazing for a place with central heat and air and all that. Normally would be much closer to $1400.I suppose that would be true that if you give away all of your income, you would not have to pay any income tax. The $7m should grow to some $56m of today’s dollars by the time they are 73. If they intend to give away $50m in their lifetime, they can start doing that at 59.5 and not have the penalties. Feb 17, 2021 ... r/fatFIRE. Followers: 140k (as of 2/4/2021). The fatFIRE subreddit is not just another FIRE subreddit. One of the main critiques of the FIRE ...FIRE – Financial Independence, Retire Early. The combination of both of these. You can be FI and continue working at a fulltime job (as I plan to do). Or you can be taking a mini-retirement, like Scott from I Dream of Fire is doing. Lean Fire – FIRE, but with a smaller amount saved up. Think of it as FIRE on a budget.FAT life with an alcoholic. My husband (42M) has had issues with alcohol for years, but has always been very functional. I’m beginning to realize how big his problem is. He is still highly functional (does not seem to impact his work), but his repeated attempts to cut back on his alcohol intake have not been successful.r/PleX • We live on a farm with no internet. I would like to buy a router purely to connect a hard drive to, so that I can stream movies locally from the HD on my devices around the …Strength to Strength by Arthur Brooks. 3. Chanticleer85 • 1 yr. ago. Not that I’m anywhere near this stage but I think you’ll want to read books about the hedonic treadmill. 8. nickb411 • 1 yr. ago. The Subtle Art of not Giving a Fuck. Trust me...its worth a read. 9.


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Yep agree on that, fair point. Glaciersrcool • 2 yr. ago. Or just have status for the free luggage. instantpig0101 • 2 yr. ago. Regarding last question - a long haul business class flight can be 5k to 12k, times two people can be up to $24k times 3 trips a year = $75k.

Well known for her stock trading disclosures between herself and her husband, Pelosi had a return of -19.8% in 2022 according to the report. Patrick Fallon would be a better choice. Here were the top 10 members of Congress by 2022 return, according to the report: Rep. Patrick Fallon, (R-Texas): +51.6%.What is FatFIRE? FatFIRE is Financial Independence / Retire Early at an overabundant or luxurious level. Unlike FIRE (and leanFIRE in particular), FatFIRE is typically achieved …The eng numbers are way off. You can readily make 150-250k out of college now, with any senior software engineer hitting 400-450 with 5-10 years experience. -2. BarcodeZebra • 3 yr. ago. I know Reddit tends to forget this, but software engineers make up a tiny percentage of the "engineering" profession.It’s a very bad idea due to taxes. Passive Foreign Investment Companies (PFIC) are punitively taxed at the highest rate we have in the US that year. So it’s a catch 22 since the US firms won’t allow you to buy US ETF’s if you live in the EU and you can’t buy EU ETF’s since the taxes are too high in the US. 5.WrongWeekToQuit • 1 yr. ago. The rule of thumb is to have enough umbrella coverage to protect your net worth, but I will argue for a minimum of $4M-$5M, especially since the premium is cheap (for those on the path to fatFIRE). I rear-ended someone at low speed some years ago. Zero physical damage to either vehicle.FatFIRE is a version of the FIRE movement. It involves higher levels of savings and income in retirement than FIRE does. To understand how FatFIRE works, it can be helpful to know: How much...Genuine question, why would people retire from S&P 500 tracking index/Etfs with a 4% swd which can only last them 30 years, when dividend etfs/index funds are less voloitile and provide stable income even during bear markets. Hello, I'm currently starting out on my journey to fatFIRE (28M, ~300k nw, still have a long way to go), but one thing that I haven't wrapped my mind around yet is the idea of what to look for in a spouse, and I feel like I have two divergent wants.Sep 23, 2022 ... According to Fortune, FatFIRE split off from FIRE in 2016 when a Reddit ... And so the subreddit r/fatFIRE was born. Today, it has more than ...FatFIRE is a version of the FIRE movement. It involves higher levels of savings and income in retirement than FIRE does. To understand how FatFIRE works, it can be helpful to know: How much...r/PleX • We live on a farm with no internet. I would like to buy a router purely to connect a hard drive to, so that I can stream movies locally from the HD on my devices around the …

FatFire: Net worth Vs. Cashflow. Hi all, I am 36 years young and looking to FatFire within the next 7 years in a Midwest USA LCOL area. Current net worth is $6.5MM. I work in a pretty high stress environment where I can have years where I make $1MM in W2 income and the following year make $100k. Essentially sales in a volatile industry😂. At $10 million you can afford $30k a month on housing and living expenses. $10k-$15k a month rents a very nice home and allows plenty of money to live fat otherwise. Giving. I don't understand the value of working to get from $10 million to $30 million so you get more recognition when giving. nextinternet • 2 yr. ago. I agree with princemendax, you're a little early for the trust side of things until you get around the 10m marker, then you are quickly approaching the 2022 estate exemption of 12.06m (rollback to 50% of the inflation-adjust amount in 2025 if no laws are passed to update). craigslist corpus christi cars sale owner Mid 30s, dual income and just hit $8MM net worth, mostly liquid in fidelity or vanguard mutual funds and ETFs. We live in a VHCL area, but at $8MM even with a 5-6% return we are basically adding $400-500k to our net worth every year. We bring in somewhere around $500k+ before tax in additional income from work.The R Project for Statistical Computing Getting Started. R is a free software environment for statistical computing and graphics. It compiles and runs on a wide variety of UNIX platforms, Windows and MacOS. To download R, … optavia healthy fats list Sep 10, 2022 ... But for many others, the goal of FatFIRING is still a dream worth pursuing. For these, one of the highest ranking posts ever made on r/fatFIRE ... why boil fabuloso Money Flamingo is an Australian personal finance and lifestyle blog. We discuss FIRE (Financial Independence, Retire Early) and alternative strategies to get there – like Coast FI, Flamingo FI, Semi-Retirement and Barista FI. We also have a popular Semi-FI calculator that you can download for free to figure out how soon you could claim your ...The R Project for Statistical Computing Getting Started. R is a free software environment for statistical computing and graphics. It compiles and runs on a wide variety of UNIX platforms, Windows and MacOS. To download R, … seth mcclelland cause of death Hey OP, congrats to you for pursuing your dream and having the guts to hit the eject button to pursue non-corporate life goals. While I think this is a great story, I don't know if r/fatFIRE is the right place to share it. Since you're going back to work the grind again, I'll share some observations because I did something similar. walmart 24 hours columbia sc Relevance to FatFIRE. Angel investing falls in the high-risk, high-reward bucket. For those aiming for fatFire, a single successful partnership or exit can leap-frog you straight to your target number. There is also the potential to negotiate ownership stakes in businesses to secure longer-term income and growth for retirement. talbots associate login Secret_Operative • 9 mo. ago. In case anyone else is searching this topic, Fidelity has a page about it on their website. Basically the private client group offers to help invest your assets for an annual percentage fee. If you don't use that service, their support is still available for general issues and they answer right away without ... My guess: the difference stems from the way that most of the people here achieve FatFIRE. The stories I see are mostly windfall stories like stock options, business acquisition, etc. The rich old guys you know sound like they built their wealth through compounding gains of cashflow over a long period of time. 300 ham'r vs 350 legend October is potential hurricane season. If you’re truly fat, then wait to book last minute after the weather looks ok. Flights might be a little more but at least you know there isn’t a hurricane coming. None of the hotels will be sold out in October. Amanyara fits the bill. Also there’s r/fattravel to post to. 42.FatFIRE is a version of the FIRE movement. It involves higher levels of savings and income in retirement than FIRE does. To understand how FatFIRE works, it can be helpful to know: How much money ...At a 4% SWR, you'd need assets of a bit over $5 million. For an easy definition, I'll call FatFIRE as $200K in passive income and/or $5MM in investments. (The and/or is because income vs. investments can be wibbly/wobbly when things like pensions come into play.) 95th Percentile: $274K/yr. 99th Percentile: $504K/yr. vytal options lancaster menu Just outside of Nice is perfect and is a great place to be for easy access to the rest of Europe, especially Monaco. Marbella is a no-brainer. You can buy a $2.5m house in Marbella that would cost $15m in Los Angeles. Also is pretty central. St. Tropez but can be very expensive as you probably know. pollen tampa The scope of FatFIRE extends beyond the conventional retirement mindset. It encourages individuals to envision a retirement lifestyle where they can indulge in …So, on the Digital plan, you'll pay just 0.15%. for the portion of your balance above $2M, and on the Premium plan, you'll play 0.30% for the portion of the balance above $2M. 1. fireeverafter • 2 yr. ago. Former Wealthfront user, had half my net worth in it for 5 years, then removed it all to just do simple ETFs. private landlords no credit checks kcmo L7 is definitely rest and vest. At 750k total comp, you can easily fatFire in less than a decade with wise budgeting. Id argue even L6 is rest and vest at 500-600k total comp. The other thing to keep in mind if you exert yourself a ton to get to the next level, you will have a harder time finding purpose in retirement. Personal Injury lawyers make..bank? Heard about this on My First Million, this lawyer shares his financial life story on r/FatFire. $6M-$8M PER YEAR in… pay meijer bill I think my post is relevant to fatfire because there are a lot of lawyers here and my path was a good one to fatfire. A lot of people don't really think about the solo/small firm route to get rich. I also like mentoring people and sharing my success with others to motivate them and educate them. And yes, my plan was always a 1-2% SWR.Fat, fire and muscle–the role of adiponectin in pulmonary vascular ... Pan M, Han Y, Si R, Guo R, Desai A & Makino A (2017a). Hypoxia‐induced pulmonary ...