Author Topic: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!  (Read 38930 times)

RadicalPersonalFinance

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If you've been around here in the forums for a while, you know we have some awesome moderators!

If you've appreciated @arebelspy's contributions to topics, you might like to know that I coaxed him into coming on my podcast (Radical Personal Finance) to answer the most frequently asked questions about early retirement!

We intended to cover about 8 of them in the episode. We wound up discussing only one: Should I invest in stocks or real estate to fund early retirement?

If you're interested, check it out at http://radicalpersonalfinance.com/78/ I was thrilled that he was willing to come on!

Let us know if you like it...we'd like to do more in the future to finish the list.

Also, let me know what other questions you think should be addressed in this way. Here's the list I have right now:
  • should I invest in real estate or stocks?
  • should I pay off my mortgage/debt or invest?
  • what SWR is "safe enough?"
  • how do I calculate my savings rate?
  • should I rent or buy my residence?
  • should I count social security?
  • roth IRA or traditional?
  • retirement accounts or non-retirement accounts?
  • my significant other isn't on board...help!
  • is my budget ok?



Bob W

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #1 on: October 09, 2014, 01:00:49 PM »
How about one on why not to do an IRA or 401?  If one invests in real estate is one reason.   If one invests in companies by owning good company stock like Buffet is another.   Can IRAs and 401s be willed to grandkids at purchase price cost basis?    Aren't there mandatory withdrawals on those things.  What will the tax rate most likely be in 2034?  Less or more?   

Paul der Krake

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #2 on: October 09, 2014, 01:02:02 PM »
That's dynamite. Listening now.

sheepstache

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #3 on: October 09, 2014, 01:06:38 PM »
Great idea!

But I have a strong impression of what ARS must sound like based on his "voice" in his posts; I don't know if I can deal with the real thing. It's like when you read a book and then can't deal with the casting of the movie. I'll be like, "Man, they should have gotten someone different to play him."

Lans Holman

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #4 on: October 09, 2014, 01:17:20 PM »
Some version of the eternal "I know you shouldn't try to time the market, but it's at record highs right now..."

swiper

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #5 on: October 09, 2014, 01:22:03 PM »
good guy this ARS

arebelspy

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #6 on: October 09, 2014, 02:30:19 PM »
Great idea!

But I have a strong impression of what ARS must sound like based on his "voice" in his posts; I don't know if I can deal with the real thing. It's like when you read a book and then can't deal with the casting of the movie. I'll be like, "Man, they should have gotten someone different to play him."

Don't worry; I had Fran Drescher do the voice over for me, so it'll match up exactly with what you picture.
We are two former teachers who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and are now settled with three kids.
If you want to know more about us, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (rarely) blog at AdventuringAlong.com. Check out our Now page to see what we're up to currently.

RadicalPersonalFinance

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #7 on: October 09, 2014, 03:12:04 PM »
The voice wasn't too distracting to me. But I wasn't sure what to make of the giant beard on his Skype picture! :)

And thank you Lans and Bob for the question ideas...those are good ones!
« Last Edit: October 09, 2014, 03:17:31 PM by 7years »

Cheddar Stacker

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #8 on: October 09, 2014, 03:29:01 PM »
Thanks 7years/Joshua and arebelspy/Joe. Very long, but only because it's obvious you're both passionate and know a lot about this stuff. I enjoyed it.

Quote from: arebelspy
I don't know where to plug in a hammer.

I've never heard that one before. That was worth the price of admission for me.

Possible future topic:
Graham Cracker - Is it a Cookie or Cracker?

sheepstache

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #9 on: October 09, 2014, 03:54:28 PM »
Great idea!

But I have a strong impression of what ARS must sound like based on his "voice" in his posts; I don't know if I can deal with the real thing. It's like when you read a book and then can't deal with the casting of the movie. I'll be like, "Man, they should have gotten someone different to play him."

Don't worry; I had Fran Drescher do the voice over for me, so it'll match up exactly with what you picture.

Perfect.

little_owl

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #10 on: October 09, 2014, 04:09:04 PM »
Most important learning....it's A Rebel Spy!   Ahhhhhhh, makes sense now :)

mcneally

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #11 on: October 09, 2014, 04:23:47 PM »
From the bulleted list I'd be most interested in is 'what withdraw rate is safe enough?' An episode on how to account for lifetime healthcare costs for sub 50 REs would be a good one. I also think it would be really cool if you did an episode stringing together brief discussions with numerous people pursuing FI(RE) about their post FI plans. FWIW I've listened to many but not all of the RPF episodes. 

Paul der Krake

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #12 on: October 09, 2014, 04:34:40 PM »
Dammit, every time I read or listen to ARS for more than a couple minutes I get the itch to get into RE and start writing checks. :(

Great show guys.

Spartana

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #13 on: October 09, 2014, 04:39:41 PM »
Great idea!

But I have a strong impression of what ARS must sound like based on his "voice" in his posts; I don't know if I can deal with the real thing. It's like when you read a book and then can't deal with the casting of the movie. I'll be like, "Man, they should have gotten someone different to play him."

Don't worry; I had Fran Drescher do the voice over for me, so it'll match up exactly with what you picture.

Perfect.
I was hoping for the Darth Vader voice over myself. Maybe it's all that heavy breathing when talking about investments that I like :-)!

Looking forward to listening to the first, and hopefully not last, podcast. I don't have any suggestions for future discussions though.

arebelspy

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Great idea!

But I have a strong impression of what ARS must sound like based on his "voice" in his posts; I don't know if I can deal with the real thing. It's like when you read a book and then can't deal with the casting of the movie. I'll be like, "Man, they should have gotten someone different to play him."

Don't worry; I had Fran Drescher do the voice over for me, so it'll match up exactly with what you picture.

Perfect.
I was hoping for the Darth Vader voice over myself. Maybe it's all that heavy breathing when talking about investments that I like :-)!

Looking forward to listening to the first, and hopefully not last, podcast. I don't have any suggestions for future discussions though.

It's hard to pull off heavy breathing without sounding creepy.

So I try to save it for special occasions.
We are two former teachers who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and are now settled with three kids.
If you want to know more about us, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (rarely) blog at AdventuringAlong.com. Check out our Now page to see what we're up to currently.

lifejoy

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Duuuude this makes my night! Thanks!

Beric01

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #16 on: October 10, 2014, 12:43:22 AM »
ARS: didn't realize you were a teacher! I'm actually more similar to you than I thought - I also plan to slow travel and have even considered teaching English as a supplemental income strategy. Any thoughts on these topics? If you have some past posts on these that's cool too!

Also, I appreciate your thoughts on real estate! Definitely going to think more on this.

Spartana

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Great idea!

But I have a strong impression of what ARS must sound like based on his "voice" in his posts; I don't know if I can deal with the real thing. It's like when you read a book and then can't deal with the casting of the movie. I'll be like, "Man, they should have gotten someone different to play him."

Don't worry; I had Fran Drescher do the voice over for me, so it'll match up exactly with what you picture.

Perfect.
I was hoping for the Darth Vader voice over myself. Maybe it's all that heavy breathing when talking about investments that I like :-)!

Looking forward to listening to the first, and hopefully not last, podcast. I don't have any suggestions for future discussions though.

It's hard to pull off heavy breathing without sounding creepy.

So I try to save it for special occasions.
Sometimes creepy is good!

lifejoy

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Just finished listening. Really well done; I can't wait for part two! Thanks so much for putting in all the hard work and for being such great contributors to all this excellent knowledge that is out there :D

lifejoy

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Suggestion for question: some version of, "I'm sooo mustachian, BUT can I just buy this one thing???!"

GuitarStv

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #20 on: October 10, 2014, 05:31:46 AM »
Am I the only one who reads "ARS" as arse and then wonders why everyone has such a low opinion of one of our moderators?

lizzzi

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #21 on: October 10, 2014, 06:03:31 AM »
A Rebel Spy. A-R-S. Good grief, Guitar Stv.

arebelspy

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A Rebel Spy. A-R-S. Good grief, Guitar Stv.

Actually, I think the letters lining up is just a coincidence. It was created organically as a nicer way to say arse.  :(
We are two former teachers who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and are now settled with three kids.
If you want to know more about us, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (rarely) blog at AdventuringAlong.com. Check out our Now page to see what we're up to currently.

arebelspy

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #23 on: October 10, 2014, 08:07:22 AM »
Thanks for all the positive feedback everyone (especially you, libraryjoy!).

I initially declined to do the interview, because I don't think my story is that interesting, but I did like the idea of a "common FAQ" type podcast.

Glad everyone seemed to enjoy it.  Hope my constant coughing wasn't a distraction (getting over a cold; I haven't listened so I don't know how bad it was).

Possible future topic:
Graham Cracker - Is it a Cookie or Cracker?

That'll be a short podcast.  Cookie. Done, next question.  ;)

Some version of the eternal "I know you shouldn't try to time the market, but it's at record highs right now..."

Good idea!

Suggestion for question: some version of, "I'm sooo mustachian, BUT can I just buy this one thing???!"

That's a good one too!

ARS: didn't realize you were a teacher! I'm actually more similar to you than I thought - I also plan to slow travel and have even considered teaching English as a supplemental income strategy. Any thoughts on these topics? If you have some past posts on these that's cool too!

Yup, the wife teaches high school and I teach elementary.

I'm sure I've mentioned teaching (and slow travel) lots of times, but no comprehensive posts on the topics.  What specifically were you wondering?
We are two former teachers who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and are now settled with three kids.
If you want to know more about us, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (rarely) blog at AdventuringAlong.com. Check out our Now page to see what we're up to currently.

ender

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #24 on: October 10, 2014, 11:13:10 AM »
This is going to make me want to buy real estate.

I've already been on the fence about this for a while and every time I hear/read anything about it I always seem to want to get started and explore it.

arebelspy

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #25 on: October 10, 2014, 11:19:00 AM »
This is going to make me want to buy real estate.

I've already been on the fence about this for a while and every time I hear/read anything about it I always seem to want to get started and explore it.

I didn't even get into many of the benefits of real estate, or mention any returns, since it was just comparing RE to Index funds, and a lot of the perks of RE weren't relevant in that comparison.  I bet I could make a good pitch that would really make you want to buy RE!  ;)
We are two former teachers who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and are now settled with three kids.
If you want to know more about us, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (rarely) blog at AdventuringAlong.com. Check out our Now page to see what we're up to currently.

Spartana

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #26 on: October 10, 2014, 12:18:02 PM »
This is going to make me want to buy real estate.

I've already been on the fence about this for a while and every time I hear/read anything about it I always seem to want to get started and explore it.
It makes me think about keeping my paid off house in a HCOL area and renting it while I travel instead of selling it, and then maybe buy another and rent that out, etc.... Always seemed like too much work and worry for lazy worry wart me but the money....um re-evaluating. Damn A Rebel Spy you're making me think, and that always hurts :-)!

Idea for a podcast - although maybe not inline with finances so not applicable here - but there have been several threads along the lines of "what's there to do in early retirement? I'll be bored doing nothing all day long. I might hate it and want to go back to work", etc... Still seems that a lot of people have the mind set that early retirement means you spend your days sitting in a rocking chair waiting for the Metamucil to kick in. 

arebelspy

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #27 on: October 10, 2014, 12:20:14 PM »
Idea for a podcast - although maybe not inline with finances so not applicable here - but there have been several threads along the lines of "what's there to do in early retirement? I'll be bored doing nothing all day long. I might hate it and want to go back to work", etc... Still seems that a lot of people have the mind set that early retirement means you spend your days sitting in a rocking chair waiting for the Metamucil to kick in.

Good idea.
We are two former teachers who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and are now settled with three kids.
If you want to know more about us, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (rarely) blog at AdventuringAlong.com. Check out our Now page to see what we're up to currently.

Beric01

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #28 on: October 10, 2014, 12:28:08 PM »
Yup, the wife teaches high school and I teach elementary.

I'm sure I've mentioned teaching (and slow travel) lots of times, but no comprehensive posts on the topics.  What specifically were you wondering?

I guess I just have a couple concerns.
  • Slow-travel - how do you expect to get to know the locals? Only move to places you already know someone, or just hope to make friends once you get there? This is actually why I'm interested in a job like teaching or volunteering - gives you more options to meet people, but with FI the low pay doesn't matter.
  • Teaching English as a back-up job career - how do you expect to get/be qualified for a local job? Of course, I just realized that because you're currently a credentialed teacher (with I'm sure a nice resume), that's probably different than someone like me who has no teaching experience.

RadicalPersonalFinance

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #29 on: October 10, 2014, 12:34:47 PM »
Idea for a podcast - although maybe not inline with finances so not applicable here - but there have been several threads along the lines of "what's there to do in early retirement? I'll be bored doing nothing all day long. I might hate it and want to go back to work", etc... Still seems that a lot of people have the mind set that early retirement means you spend your days sitting in a rocking chair waiting for the Metamucil to kick in.

We have a separate conversation going on at http://forum.mrmoneymustache.com/mustachianism-around-the-web/radical-personal-finance-podcast/ where I've been asked to bring on someone who's lazy and FI. The problem is that I can't get anyone to return my emails! :)

Spartana

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #30 on: October 10, 2014, 12:40:50 PM »
Idea for a podcast - although maybe not inline with finances so not applicable here - but there have been several threads along the lines of "what's there to do in early retirement? I'll be bored doing nothing all day long. I might hate it and want to go back to work", etc... Still seems that a lot of people have the mind set that early retirement means you spend your days sitting in a rocking chair waiting for the Metamucil to kick in.

We have a separate conversation going on at http://forum.mrmoneymustache.com/mustachianism-around-the-web/radical-personal-finance-podcast/ where I've been asked to bring on someone who's lazy and FI. The problem is that I can't get anyone to return my emails! :)
Ha Ha - Yeah we're all out there busy doing nothing :-)! Thanks for the link.

arebelspy

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #31 on: October 10, 2014, 12:48:21 PM »
  • Slow-travel - how do you expect to get to know the locals? Only move to places you already know someone, or just hope to make friends once you get there? This is actually why I'm interested in a job like teaching or volunteering - gives you more options to meet people, but with FI the low pay doesn't matter.

Meet people.

We're not naturally very outgoing, extroverted people.  It's something we're working on.  But also, we don't necessarily need to meet a ton of people and know everybody.  Think about how an introverted local might live.  ;)

From the many travel blogs we read, most of them have no problems whatsoever meeting friendly locals when they live in a place for awhile (heck, a lot of times even when just passing through).

But yes, it is something we're actively working on improving.

  • Teaching English as a back-up job career - how do you expect to get/be qualified for a local job? Of course, I just realized that because you're currently a credentialed teacher (with I'm sure a nice resume), that's probably different than someone like me who has no teaching experience.

Yes, it's a pretty solid fallback plan for us, as we'll have been credentialed teachers (though it will have expired by then) with nearly a decade of experience, and Master's Degrees in teaching.  My wife specifically teaches English at the high school and community college level.  So when recruiters are choosing people for those type of jobs, we're pretty much ahead of all other candidates (especially ones who might just have a bachelor's in an unrelated field).  Those type of people can get teaching jobs too, but we'll likely have more choice and better benefits (signing bonuses, etc.).

It's an okay backup plan for most people, but we have some advantages there that make it really advantageous for us if we ever do need to earn more money.

Plus we might just do it for fun; we both like teaching quite a bit. 
We are two former teachers who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and are now settled with three kids.
If you want to know more about us, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (rarely) blog at AdventuringAlong.com. Check out our Now page to see what we're up to currently.

Cheddar Stacker

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #32 on: October 10, 2014, 12:56:31 PM »
Idea for a podcast - although maybe not inline with finances so not applicable here - but there have been several threads along the lines of "what's there to do in early retirement? I'll be bored doing nothing all day long. I might hate it and want to go back to work", etc... Still seems that a lot of people have the mind set that early retirement means you spend your days sitting in a rocking chair waiting for the Metamucil to kick in.

We have a separate conversation going on at http://forum.mrmoneymustache.com/mustachianism-around-the-web/radical-personal-finance-podcast/ where I've been asked to bring on someone who's lazy and FI. The problem is that I can't get anyone to return my emails! :)

Irony seems to be the theme today.

Podcast topic (forgive me if you've done it, I haven't been an avid listener yet) - Taxes. Not just basics, but certain complex strategies. One I've been kicking around a lot lately but haven't been able to put into words properly to post about yet:

Carrying a big mortgage pre and post FIRE, either personal or rental property, can reduce ordinary taxable income.
Investing excess cash into qualified investment income vehicles could create a tax hedge of sorts.

Once again, I didn't explain it well. It's in my head, but I can't get it out properly. It's really just another angle on the "Kill Debt vs. Invest" argument, but it adds another wrinkle I haven't heard mentioned much. Why pay off a 15-28% tax deduction while simultaneously forgoing a 0-15% tax?

It's not as clear on a personal residence due to the itemized/standard hurdle, and the fact that most FIREman carry low expenses, but on rentals this could be a very powerful tool. Get all the debt you can, reduce your rental income as much as possible, take all positive cash flow and rather than pay down rental debts create a pipeline of Qualified Dividends/L-Term Cap Gains.

Beric01

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #33 on: October 10, 2014, 12:58:33 PM »
Idea for a podcast - although maybe not inline with finances so not applicable here - but there have been several threads along the lines of "what's there to do in early retirement? I'll be bored doing nothing all day long. I might hate it and want to go back to work", etc... Still seems that a lot of people have the mind set that early retirement means you spend your days sitting in a rocking chair waiting for the Metamucil to kick in.

We have a separate conversation going on at http://forum.mrmoneymustache.com/mustachianism-around-the-web/radical-personal-finance-podcast/ where I've been asked to bring on someone who's lazy and FI. The problem is that I can't get anyone to return my emails! :)
Ha Ha - Yeah we're all out there busy doing nothing :-)! Thanks for the link.

Haha - the entire reason why I'm working so hard towards FI is because I'm lazy! Laziness can motivate one to do some incredible things - I've never been so motivated or changed so much about my lifestyle as when I discovered MMM/FIRE. Hope to join you soon enough! :-)

  • Slow-travel - how do you expect to get to know the locals? Only move to places you already know someone, or just hope to make friends once you get there? This is actually why I'm interested in a job like teaching or volunteering - gives you more options to meet people, but with FI the low pay doesn't matter.

Meet people.

We're not naturally very outgoing, extroverted people.  It's something we're working on.  But also, we don't necessarily need to meet a ton of people and know everybody.  Think about how an introverted local might live.  ;)

From the many travel blogs we read, most of them have no problems whatsoever meeting friendly locals when they live in a place for awhile (heck, a lot of times even when just passing through).

But yes, it is something we're actively working on improving.

I guess I'm very similar to you. I won't stress as much about this then. I can be both introverted and outgoing depending on my attitude.

  • Teaching English as a back-up job career - how do you expect to get/be qualified for a local job? Of course, I just realized that because you're currently a credentialed teacher (with I'm sure a nice resume), that's probably different than someone like me who has no teaching experience.

Yes, it's a pretty solid fallback plan for us, as we'll have been credentialed teachers (though it will have expired by then) with nearly a decade of experience, and Master's Degrees in teaching.  My wife specifically teaches English at the high school and community college level.  So when recruiters are choosing people for those type of jobs, we're pretty much ahead of all other candidates (especially ones who might just have a bachelor's in an unrelated field).  Those type of people can get teaching jobs too, but we'll likely have more choice and better benefits (signing bonuses, etc.).

It's an okay backup plan for most people, but we have some advantages there that make it really advantageous for us if we ever do need to earn more money.

Plus we might just do it for fun; we both like teaching quite a bit.

Yeah, it sounds like you're set. I just realized though that my best fallback is cutting my expenses still further, so I'm probably over-worrying about this one as well. The limited chances I've had to teach/tutor I've really enjoyed this though, so I might look into some online credentials if need be.

arebelspy

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #34 on: October 10, 2014, 01:01:16 PM »
He does have some good tax stuff.  I listened to one yesterday on adjusting the timing of your income.

As a CPA, it may not be super useful to you, but then again, it might.  :)
We are two former teachers who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and are now settled with three kids.
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arebelspy

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #35 on: October 10, 2014, 01:03:29 PM »
Haha - the entire reason why I'm working so hard towards FI is because I'm lazy!

Giant +1 from me! :)

I just realized though that my best fallback is cutting my expenses still further, so I'm probably over-worrying about this one as well. The limited chances I've had to teach/tutor I've really enjoyed this though, so I might look into some online credentials if need be.

Yeah, going to live in Southeast Asia for a year (which we're planning on anyways, but staying in that region for longer, instead of, say, just three months) is another fallback plan.  We could probably easily live on 15-20k there, which is less than half our FIRE budget, if necessary.

Having multiple contingency plans is a good thing.
We are two former teachers who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and are now settled with three kids.
If you want to know more about us, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (rarely) blog at AdventuringAlong.com. Check out our Now page to see what we're up to currently.

Cheddar Stacker

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #36 on: October 10, 2014, 01:04:31 PM »
He does have some good tax stuff.  I listened to one yesterday on adjusting the timing of your income.

As a CPA, it may not be super useful to you, but then again, it might.  :)

I plan to dig in over at RPF soon. I've only listened to this one podcast and perused some topics. I just thought this thread might be a good place to throw this strategy into the mix since it already has a lot of eyes on it, and since 7years is looking for topics?

arebelspy

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #37 on: October 10, 2014, 01:35:06 PM »
Absolutely, keep em coming, I'm sure, I just wanted to mention that.
We are two former teachers who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and are now settled with three kids.
If you want to know more about us, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (rarely) blog at AdventuringAlong.com. Check out our Now page to see what we're up to currently.

Beric01

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #38 on: October 10, 2014, 01:58:53 PM »
Yeah, going to live in Southeast Asia for a year (which we're planning on anyways, but staying in that region for longer, instead of, say, just three months) is another fallback plan.  We could probably easily live on 15-20k there, which is less than half our FIRE budget, if necessary.

Having multiple contingency plans is a good thing.

I'm actually also highly interested in that region! You can get permanent residencies in Malaysia and live for incredibly cheap, for example. Lots of other good options in that region as well. As a single person, I can live for better than the US on $10K/year or less (half my FIRE budget).

ambimammular

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #39 on: October 10, 2014, 07:51:53 PM »
't
This is going to make me want to buy real estate.

I've already been on the fence about this for a while and every time I hear/read anything about it I always seem to want to get started and explore it.

+1

Thanks for introducing me to radical personal finance, I can't get enough!


flashpacker

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #40 on: October 10, 2014, 08:15:21 PM »
Lucky me got to meet Arebelspy recently since we both live in Vegas, and he is just as awesome in person as online :-)

richcatpoorcat

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #41 on: October 11, 2014, 09:37:54 AM »
Awesome show guys! I too was blown away to learn that arebelspy is said the way that it is... makes perfect sense now though.
Hope you guys do a few more of these.

oldtoyota

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #42 on: October 11, 2014, 10:18:31 AM »
Awesome! Congrats, ARS!

I will listen soon. Not sure if this was covered in the podcast or not, yet I think it is SO important to mention the "simple math to early retirement. That was a huge learning for me personally and made me realize I really could do this. =-)


arebelspy

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Awesome! Congrats, ARS!

I will listen soon. Not sure if this was covered in the podcast or not, yet I think it is SO important to mention the "simple math to early retirement. That was a huge learning for me personally and made me realize I really could do this. =-)

Yeah, that's a good one, I guess phrased in the form of a question it'd be something about how is ER possible, especially if you don't make six figures+
We are two former teachers who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and are now settled with three kids.
If you want to know more about us, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (rarely) blog at AdventuringAlong.com. Check out our Now page to see what we're up to currently.

lifejoy

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Idea for a podcast - although maybe not inline with finances so not applicable here - but there have been several threads along the lines of "what's there to do in early retirement? I'll be bored doing nothing all day long. I might hate it and want to go back to work", etc... Still seems that a lot of people have the mind set that early retirement means you spend your days sitting in a rocking chair waiting for the Metamucil to kick in.

Good idea.

+1

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I'd like to learn about SRI- Socially Responsible Investing. 

arebelspy

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I'd like to learn about SRI- Socially Responsible Investing.

That's a good idea for it's own show.  Not a FAQ, per se, but an interesting question.

I bet Joshua could find someone who runs a blog around that topic to interview...
We are two former teachers who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and are now settled with three kids.
If you want to know more about us, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (rarely) blog at AdventuringAlong.com. Check out our Now page to see what we're up to currently.

FiveSigmas

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #47 on: October 11, 2014, 01:32:40 PM »
I listened to the show a couple nights ago and really enjoyed it. Thanks, 7years and ARS, for putting it together.

Exhale

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Re: listen to arebelspy answer the most common "Ask a Mustachian" FAQs!
« Reply #48 on: October 11, 2014, 02:22:56 PM »
An episode on how to account for lifetime healthcare costs for sub 50 REs would be a good one.

+1

arebelspy

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I listened to the show a couple nights ago and really enjoyed it. Thanks, 7years and ARS, for putting it together.

Didn't you get the live version about 5 months ago? :D
We are two former teachers who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and are now settled with three kids.
If you want to know more about us, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (rarely) blog at AdventuringAlong.com. Check out our Now page to see what we're up to currently.