Retire to Warmth

Just did the 2025 update and up another 22.5% this year....it's been a great run.

@themoviedadsc Just out here flexing 💪 with that massive brokerage account. Congratulations

It's been such a massive "today" stress relief from going heavy taxable brokerage over the past 5 years (vs. dumping all our money in retirement accounts). Close to 7 figures now LIQUID. Just gives us so many "today" options that wouldn't exist if that money was all in 401ks.

@SamKuffelWx They're going to mess around and be the only NL central team below .500 at this pace.

Glorious 😍

@Investmentkage We are hovering around 40+% but have also been investing for 25 yrs already. We plan to have our youngest graduate HS before we fire (which is in 9yrs). This will still be considered early by most (mid 50s) and we will be able to live very comfortably.

If you want to retire early, you have to be investing a huge percentage of your income. It’s the hard truth.

@themoviedadsc Very nice. Out taxable is at about 1 yr of our annual spending atm. Our goal is to reach 7-10x within 9yrs when our youngest is set to graduate HS.

@Strachota73 Probably a big part of our shift is we've gone heavy taxable brokerage for like 5 years now and it's at a fairly significant size. That liquidity has added extra "today" security that's made it easier to spend.

Ngl, as we've gotten older and our portfolio has grown hefty, we definitely spend more when the market is ripping. We spent a pretty penny the last 2 weeks getting new furniture (bunkbed, 65" flatscreen, TV mounts, bookcase) to update rooms in our home. God bless America! 🇺🇸 📈

@SparkingFIRENC Yeah, I think our best performance yr we saw the growth 5x our inputs for the same yr. Truly we are at the point where our investments do the heavy lifting. It almost feels like our contributions at this point don't matter.

@SparkingFIRENC Very nice. Once you hit that million the annual dollar amount growth is wild. We've seen many years where the growth of our investments out earn our 9-5.

I make $85k per year Once I have a $1,000,000 net worth my index funds will roughly match that each year Not to mention these gains will be much more tax efficient

@SparkingFIRENC It's a great feeling. With paying off our house last month, we finally have the cash flow to invest stupid amounts while still living a comfortable/fat life. These times seem to be the golden time.

From 32 to 42 I’m going to invest like I wish I did from 22 to 32

@RoaringHammy We do many drivable vacations so we typically budget 3-5k

What is your annual vacation budget? I budget for around $10k per yr for a family of four

@mclayton1970 Ive played 18 in under 2 hours and over 6 hours. Under 2 hours is more enjoyable IMO but as long as we are at or near the corse reccomended pace of play then I'm good. Those that are slow and need to look into the woods every hole or get the ball grabber every stream, well...

Ill play a 6.5 hour round of golf i dont give a flying fuck about your time or pace of play. I paid the same money you did. If you want to play in under 4 hours, buy your own course or join an elite CC.

@Blind__Luck Probably 35 to 44.

If im 40 What age range should i be considering? Currently evaluating an older hottie, not sure where to draw the line

@TravisL563971 @money_cruncher I agree with the approach of using expenses. I am just curious on what advise as a rule of thumb would they give to someone with a variable income that works off bonus or commissions.

@Strachota73 @money_cruncher Instead of income, use your annual expenses you want in retirement.

If you are 30 and make $100k, you should have at least $100k saved for retirement (1x) If you are 45 and make the same $100k, you should have at least $400k saved (4x) If you are 50, you should have $600k (6x). If you are 60, you should have $800k (8x) Are you on track?

@SCHDETF One reason I like JEPQ is that in down markets it performed better than the QQQ and the monthly payouts let me buy into the Q's when they were low. I'm 10yrs out so on the cusp of what would be considered close to retirement.

Honest question: Why invest in $SPYI, $QQQI, $JEPQ, $GPIX, or $GPIQ when you’re not in or near retirement? Especially if you’re in your 20s or 30s. I go back and forth on this all the time. I get the allure of that fat monthly payout… but it’s not free. You’re giving up upside and total return to get it… the underlying index almost always outperforms. Since $QQQI (inception: Jan 29, 2024) launched, total return shows it clearly: Nasdaq-based: $QQQ: 68.94% $GPIQ: 62.73% $QQQI: 57.63% $JEPQ: 48.01% S&P 500-based: $SPY: 55.34% $GPIX: 49.31% $SPYI: 44.45% To be clear I don’t dislike these funds at all. They’ve actually performed well and I understand the appeal. I’m genuinely curious how others think about this. What are the best reasons to own these before retirement?

@SparkingFIRENC For ego. Do it so you hit on 1 and can tell everyone about the 1 that hit.

If I’m 35 and have $1m why would I want to try to take $5k to buy 10 stocks that I think can 10x?

@wealthrewired8 I'm mid career so it is a protection play against my high flyers

@Strachota73 Good choice. No idea why I don’t like $SCHD if I had a lot of money, I would put some but for now it’s only growth.

What asset are you buying with your next check ?

@wealthrewired8 I figure most house holds earn 50-75k so they spend about that on average too. So with a little excess spending and the 100k with thier income ....2 yrs seemed right

@Strachota73 Why that long ?

If you gave the average person £100,000 today, how long do you think it would take them to end up broke again? 1 year 5 years Never Be honest.

@wealthrewired8 Kids baseball tournament and then afternoon golf

Proper weather for once ☀️ What's everyone doing with their Sunday?