Author Topic: SWR Milestones? What if you pulled the plug today?  (Read 41433 times)

brooklynguy

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Re: SWR Milestones? What if you pulled the plug today?
« Reply #150 on: March 04, 2015, 12:57:43 PM »
In the spirit of promoting our own collective self-interest by encouraging sol to continue to churn out great content, I will contribute to the ego-stroking:  sol, you are an uncommon genius in all matters FIRE.

arebelspy

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Re: SWR Milestones? What if you pulled the plug today?
« Reply #151 on: March 04, 2015, 01:48:17 PM »
In the interest of keeping his head from getting to big and motivating him to push himself...

sol, you suck!  Make lots more better posts!

Seriously though, if you guys like his the thinking/perspective his contrarian FIRE questions/opinions give you, you'll love his contrarian ethics questions/opinions.

;)
« Last Edit: March 04, 2015, 01:50:02 PM by arebelspy »
I am a former teacher who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and am now settled with three kids.
If you want to know more about me, this Business Insider profile tells the story pretty well.
I (rarely) blog at AdventuringAlong.com. Check out the Now page to see what I'm up to currently.

Gone Fishing

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Re: SWR Milestones? What if you pulled the plug today?
« Reply #152 on: March 04, 2015, 01:58:28 PM »
3% Current lifestyle with obamacare subsidies
4% Current lifestyle without obamacare subsidies

Ideal FIRE Senario

3.5% with Obamacare subsides and some extra fun money.

Cookie78

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Re: SWR Milestones? What if you pulled the plug today?
« Reply #153 on: March 04, 2015, 02:03:42 PM »
I have so many if's when I try to do this calculation.

If you just count my brand new shiny investment accounts:
48,000 / 50,000 = 96%

If I can count my current pension amount, 20% I could access if I retire now, 80% of which I can access in 13.5 years:
48,000 / 170,000 = 28.2%

If I sold my rental house, counted the equity, and removed the expense:
33,600 / 295,000 = 11.4%

If I count my house equity plus deduct the rental income I get from my primary house from my expenses (I know, I know! It doesn't really count!)
23,400 / 420,000 = 5.6%

Lian

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Re: SWR Milestones? What if you pulled the plug today?
« Reply #154 on: March 04, 2015, 04:12:22 PM »
I have so many if's when I try to do this calculation.


Me too! So many potential scenarios - it's kind of fun to play around with.

sol

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Re: SWR Milestones? What if you pulled the plug today?
« Reply #155 on: March 04, 2015, 06:45:22 PM »
Seriously though, if you guys like his the thinking/perspective his contrarian FIRE questions/opinions give you, you'll love his contrarian ethics questions/opinions.



Either way, +1.

secondcor521

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Re: SWR Milestones? What if you pulled the plug today?
« Reply #156 on: March 04, 2015, 08:37:19 PM »
4.23% as of today the way I figure it, or 73.33% success rate using sol's method.

About 3.12% as of today if I subtract out some fluffy optional/one time expenses.

I consider myself FI now with a tentative RE date of 2/19/2016.

Cookie78

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Re: SWR Milestones? What if you pulled the plug today?
« Reply #157 on: March 04, 2015, 08:47:20 PM »
I have so many if's when I try to do this calculation.


Me too! So many potential scenarios - it's kind of fun to play around with.

lol, ya. :)

My boyfriend says 'what if you rent out the main floor of your house and come live with me?':
11,400 / 420,000 = 2.7%

Edit:
Or if I don't count primary house equity:
11,400 / 295,000 = 3.9%

All it takes is
1) real estate values not crashing before I sell the rental house
2) great tenants who never leave
3) no large unexpected expenses
4) no changes in relationship
.... better keep working :p
« Last Edit: March 04, 2015, 09:04:17 PM by Cookie78 »

dragoncar

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Re: SWR Milestones? What if you pulled the plug today?
« Reply #158 on: March 05, 2015, 12:10:03 AM »
Seriously though, if you guys like his the thinking/perspective his contrarian FIRE questions/opinions give you, you'll love his contrarian ethics questions/opinions.



Either way, +1.

I like this perspective.  Thanks.

arebelspy

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Re: SWR Milestones? What if you pulled the plug today?
« Reply #159 on: March 05, 2015, 10:58:00 AM »
I laughed at the +1 to either.

Sincere for me, but probably sarcastic for some.
I am a former teacher who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and am now settled with three kids.
If you want to know more about me, this Business Insider profile tells the story pretty well.
I (rarely) blog at AdventuringAlong.com. Check out the Now page to see what I'm up to currently.

Timmmy

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Re: SWR Milestones? What if you pulled the plug today?
« Reply #160 on: March 05, 2015, 12:36:26 PM »
I don't think people tell you this often enough...
This is brilliant
Agreed.  Brilliant. 

I get that a lot, thanks. :)

And humble too...