FIREproof/cFIREsim 📈

Recently deployed new feature for FIREproof: Side-by-side comparison of simulations. fireproofme.com/blog/compare-s… #retirement #FIRE #financialindependence

@1Umairshaikh Eh, about $1000. But it's in monthly subscriptions, so MRR is $120 😅

BE HONEST How much have you made from your startup so far?

@thebuildjournal @BatsouElef I'm biased, but I think this is a good backend/frontend combo to get your foot in the door to the industry in a lot of different ways.

@BatsouElef I suggest: Python AND Javascript Python allows you to become familiarized with the basics of programming: data types, loops, logic implementation, etc. with easy to understand coding syntax and semantics JavaScript takes things up a notch and is widely used in web dev

Which programming language would you recommend someone learn if they want to enter the tech industry as devs?

@ptmoney @FinCon I'll be at FinCon this year. I'm pumped.

Just wrapped a great meeting with The Creator CPA team. We are excited to "partner" with @FinCon on a key sponsorship. We'll be ready to talk to creators about bookkeeping, tax, the new bill, business etc. And also network with our #taxtwitter peers.

@MinnieOnCam What stat would that tweak? Income (for accumulation phase) and spending? A bigger percentage of care nearing end-of-life?

@cFIREsim You need to add disability or chronic illness

Who doesn't love a good "what if" scenario in retirement planning? 😅 fireproofme.com/blog/what-if New Feature Dropped!

I'm pretty happy with this. First major "Pro" feature for FIREproof. Create any asset, using a mean/volatility/shape, and add it to your portfolio. "Shapes" for now include: Equities, Bonds, Bitcoin. fireproofme.com/blog/monte-car…

v0.1.7 - Added RMDs #FIREproof fireproofme.com/blog/required_…

New blog. New features. #fireproof fireproofme.com/blog/need-for-…

Implemented my first ever GitHub actions build/deploy pipeline for both test and prod environments. Docker build/push on a Python/Django/SvelteJS project, then SSH/pull/run. It was pretty rad when it all clicked. It's going to help out a lot on my side project. #FIREproof

I wanted to announce that my latest project, the result of 12 years of FIRE community outreach and development, is now live in beta! From the creator of cFIREsim, meet FIREproof. fireproofme.com/blog

@retirein1500 The successor to cFIREsim that I've been talking about for 2 years! 😅 Trying to soft-launch in 2 weeks after my vacation.

@cFIREsim Why are you working on?

Stripe account validated my business and is hooked up to my site. Things are feeling more real... 😍😅

@VicVijayakumar I have a domain, with a sort of landing page, and I'm going to put up an email capture for "beta testers". But I'm going to hand select most people. I'll keep you in mind.

@VicVijayakumar I think soonish. Right now, I'm sure there are a lot of oddities going on with the data (I haven't quite nailed down getting withdrawal rules like "Avoid Early Withdrawal Penalties" to all play nicely with each other).

Finally getting some summary stat tables up so that I can better visualize the ridiculous amount of data and start to ask myself questions like "What hellish 30-year retirement period caused one simulation to pay $1.2M in income taxes"? Probably some big RMDs. Woof.

@Torificallytori Amazing haircut, even more amazing smile.

After growing my hair out for over 5.5 years... i decide to get a cut and style... Before / After

@Blind__Luck @theRealDanVCFA Greatly depends on the definition of "lost" here. Did my portfolio go down by almost half? Yes. Did I cash out to realize those losses? No. And that portfolio is worth way more now. People need to learn about volatility vs. actual loss.

@theRealDanVCFA Pretty much Guy lost 1/2 his NW in the GFC and just couldn’t stand the thought of losing that much $$ again

I knew a steel worker who put his entire life’s savings of $300K into an anuity in 2015 then retired on social security. Thoughts?

@DreNader I think so, yeah. Whenever I launch this thing, I'll have a transition period and then just redirect traffic.

@cFIREsim She lives! Will this replace cfiresim?

cFIREsim's successor (WIP, not released), a financial/retirement planner that simulates outcomes. I have it handling account types, taxes, the concept of people attached to those things, etc. UI is tough for me, and I'm consolidating outputs, but it's coming along.