Search found 16 matches

by PA Hiker
Fri Feb 08, 2019 11:36 am
Forum: Introduce Yourself
Topic: Hi there
Replies: 4
Views: 660

Re: Hi there

Neat calculator. I tired it with a few different scenarios, including my own. It nicely illustrates the impact of a low spending/high savings rate. I'm curious about what mathematical assumptions you're making (e.g. SWR etc).
by PA Hiker
Sat Jan 26, 2019 6:30 pm
Forum: Miscellaneous
Topic: The FIRE Movement Survey (October 2018)
Replies: 28
Views: 4603

Re: The FIRE Movement Survey (October 2018)

Work hard, change self, cut spending by 50%, then wait another 15 years just have what most in FIRE would consider a bare minimum. Pretty much sums up my path to ERE. At first the motivation was not early retirement, it was fear and worry brought on by having substantial student loan debt, a home m...
by PA Hiker
Tue Dec 26, 2017 5:57 pm
Forum: Introduce Yourself
Topic: Found a home
Replies: 13
Views: 1753

Re: Found a home

I'm not sure how much useful insight I have, but here is my take. I think 10k/yr spend rate off of a 275k stash is doable. However this is very close to the limit and success will depend on market cycle. Probably this could work if starting in 2009 but not in 2007. Check out the Trinity Study on Wik...
by PA Hiker
Tue Dec 26, 2017 4:17 pm
Forum: Introduce Yourself
Topic: Found a home
Replies: 13
Views: 1753

Re: Found a home

Hi youngsaver Living in Manhattan seems pretty contraindicative to the ERE lifestyle! What would it take? 2-3M? Now I'm curious as well. A 67% savings rate is a great start and IS the key. Whether or not you avail yourself of tax-advantaged retirement accounts is secondary (though very helpful and r...
by PA Hiker
Thu Oct 12, 2017 8:10 am
Forum: Work & Education
Topic: SOS: 3 hours to decide whether to quit career or "improve"? / :
Replies: 55
Views: 8444

Re: SOS: 3 hours to decide whether to quit career or "improve"? / :

No need to take your situation personally. Modern firms are notoriously arbitrary and capricious. In my 16+ years at MegaCorp I probably went through 6 rounds of lay-offs, and likely came very close to being let go at least twice in 2004 and 2009. While working there, I saw a lot of bright, talented...
by PA Hiker
Thu Apr 27, 2017 2:27 pm
Forum: Work & Education
Topic: Telecommuting: why is not widespread?
Replies: 18
Views: 3976

Re: Telecommuting: why is not widespread?

There are benefits associated with 'face-to-face' interaction which are sometimes under appreciated. People tend to 'go with what they know' and on some level don't really know each other it they never see each other. A study done back in the '70's demonstrated a negative correlation between work st...
by PA Hiker
Mon Feb 20, 2017 12:15 am
Forum: Politics, and other eternal disagreements
Topic: Climate Change!
Replies: 433
Views: 58539

Re: Climate Change!

What I find problematic about the Climate Change Discussion is that it is driving our attention(and money) away from the pollution. Probably the most sensible (pragmatic) comment on this long, protracted thread. Besides the CO2 GW concerns, there is a long list of environmental harms caused by foss...
by PA Hiker
Wed Feb 15, 2017 10:44 am
Forum: Resources & Recommended Reading
Topic: MMM interviewed by Tim Ferriss (ERE mentioned)
Replies: 47
Views: 10382

Re: MMM interviewed by Tim Ferriss (ERE mentioned)

Like others on this thread, I also find MMM a bit annoying. Perhaps I’m a little envious as well. Even so, I generally like the guy and enjoy reading his blog which I find entertaining and a good source of ideas. I have never really put my finger on it before but I think the “Just World Hypothesis” ...
by PA Hiker
Tue Feb 14, 2017 11:37 am
Forum: Lifestyle Questions
Topic: Time frugality
Replies: 34
Views: 7342

Re: Time frugality

Two things that spring to mind immediately are car maintenance and yard work. I used to do my own oil change, filters, brakes, spark plugs, tire rotations etc. Saved some money, but once these simple tasks were mastered they quickly became drudgery. I enjoy yard work, but it too can be drudgery, esp...
by PA Hiker
Sun Jan 22, 2017 7:02 pm
Forum: Work & Education
Topic: Professional resume writers, scam or legit?
Replies: 23
Views: 5208

Re: Professional resume writers, scam or legit?

@saving_10_years - I am not exactly sure how the automated scanners work. I only recently heard about them from a relative who is currently in the job market. I would surmise that ‘hard copy’ resumes are scanned into a database along with resumes submitted via the internet. The HR dept would then qu...
by PA Hiker
Sun Jan 22, 2017 11:43 am
Forum: Work & Education
Topic: Professional resume writers, scam or legit?
Replies: 23
Views: 5208

Re: Professional resume writers, scam or legit?

Job applicant’s resumes are often automatically scanned in by HR departments at large corporations/institutions. Unfortunately this could mean that your resume will be rejected before it is even seen by human eyes. It may be worth hiring a professional who knows what formatting mistakes to avoid and...
by PA Hiker
Sat Jan 21, 2017 11:19 am
Forum: Lifestyle Questions
Topic: Extreme - winter
Replies: 10
Views: 1912

Re: Extreme - winter

Looks an interesting place you live in @riggerjack, never knew there were so many islands up there. About a decade ago we spent a day on Whidbey Island hiking around an old growth forest. On our way back to the ferry we stopped at a little burger joint for lunch where I browsed through a real estat...
by PA Hiker
Fri Jan 20, 2017 5:41 pm
Forum: Resources & Recommended Reading
Topic: Addictions & Unhealthy Habits
Replies: 30
Views: 5546

Re: Addictions & Unhealthy Habits

I was seriously addicted to nicotine back in the 90’s. It took me 3 attempts to quit smoking and I had to use nicotine patches to do it. After quitting cigarettes, I was addicted to nicotine patches for a few years. I used to buy the 21mg patches and cut them into quarters and use one or two of them...
by PA Hiker
Thu Jan 12, 2017 3:50 pm
Forum: Lifestyle Questions
Topic: Safe strategies for living in a van in below-freezing conditions?
Replies: 21
Views: 2880

Re: Safe strategies for living in a van in below-freezing conditions?

Here’s a couple of ideas Always park facing south. There is a surprising amount of insolation from the sun, even on cloudy days. Sleep high up in the van if possible. Cold air sinks. Mountaineers will dig a ‘cold well’ in their emergency bivouac snow caves. Sleep with a hot water bottle. Refill it f...
by PA Hiker
Mon Jan 09, 2017 10:51 am
Forum: Introduce Yourself
Topic: Greetings from the Rust Belt
Replies: 4
Views: 1282

Re: Greetings from the Rust Belt

Thanks for the welcome saving-10-years - ERE/FI definitely is a better way to live IMO. I'm very glad to have finally achieved it although it was an awful long slog to get here. For me FI was such an abstraction that once it arrived I didn't know what to do with it. I still tend to "overbook" myself...
by PA Hiker
Fri Jan 06, 2017 12:52 pm
Forum: Introduce Yourself
Topic: Greetings from the Rust Belt
Replies: 4
Views: 1282

Greetings from the Rust Belt

Hi Folks, My story is fairly typical. I’m 50 YO. INTJ personality type. I worked an IT job for 16 years with a large Industrial manufacturer until April of 2016. From 2000 to 2008 I was unaware of the possibility of ERE but was saving aggressively and paying down debt (student loan and mortgage). Th...