Search found 116 matches

by fingeek
Sat May 02, 2020 7:55 am
Forum: ERE Journals
Topic: Fingeek's Journal
Replies: 84
Views: 15765

Re: Fingeek's Journal

Update for Apr: Current net worth (not including home): £402,890 To cover "fixed expenses" (lean FIRE): Current Withdrawal Rate requirement: 5.7% NW deficit to 4% SWR: £169,007 Years of savings to 4% SWR: 4.1yr/Jun 2024 To cover "fixed expenses + optional expenses" (live as today): Current Withdrawa...
by fingeek
Wed Apr 29, 2020 1:39 am
Forum: ERE Journals
Topic: black_son_of_gray's Journal
Replies: 169
Views: 27804

Re: black_son_of_gray's Journal

Thanks for the wisdom @BSOG and book list. Yep, pretty much the same experience with me as c_L - When I had my test retirement year, it was great for a while but the 'infinite' time and lack of discipline/direction ended up in feeling meaninglessness and lack of motivation to do some of the things I...
by fingeek
Thu Apr 02, 2020 1:35 pm
Forum: ERE Journals
Topic: Fingeek's Journal
Replies: 84
Views: 15765

Re: Fingeek's Journal

Update for Mar: Current net worth (not including home): £374,263 To cover "fixed expenses" (lean FIRE): Current Withdrawal Rate requirement: 6.1% NW deficit to 4% SWR: £197,047 Years of savings to 4% SWR: 4.8yr/Jan 2025 To cover "fixed expenses + optional expenses" (live as today): Current Withdrawa...
by fingeek
Thu Mar 26, 2020 6:00 am
Forum: ERE Journals
Topic: classical_Liberal's Semi-ERE
Replies: 530
Views: 98580

Re: classical_Liberal's Semi-ERE

Stay safe man, and kudos to you for putting yourself out there on the front-line.
by fingeek
Wed Mar 18, 2020 12:55 pm
Forum: ERE Journals
Topic: wolf's journal
Replies: 226
Views: 41884

Re: 2019 review and 2020 outlook

In retrospect I was totally lucky that I started investing with small portions via DCA. If I had invested all straight away, that would be really bad in the short term. DCA was/is a mitigation against such (unknown) downside risk, especially in high CAPE situations. Ha ha yes, I was thinking of thi...
by fingeek
Wed Mar 04, 2020 2:54 pm
Forum: ERE Journals
Topic: Fingeek's Journal
Replies: 84
Views: 15765

Re: Fingeek's Journal

Yes that makes sense - In my case, I am comfortable that I won't have to sell home, notably because I've been fortunate to prove out servicing the mortgage with the investment income. We do also have a fair amount of equity in home which gives us some level of slack I guess. Worst case, if the SHTF ...
by fingeek
Wed Mar 04, 2020 2:20 pm
Forum: ERE Journals
Topic: Fingeek's Journal
Replies: 84
Views: 15765

Re: Fingeek's Journal

Thanks for your input @Forskaren! For my property investments, I include both property value and debt (ie property equity is part of my NW). But I don't include my home value/debt/equity, because I can't generate value from it. As an example, if my home equity went up to £1MM then does that mean I c...
by fingeek
Wed Mar 04, 2020 2:16 pm
Forum: ERE Journals
Topic: Fingeek's Journal
Replies: 84
Views: 15765

Re: Fingeek's Journal

That's really great to hear @wolf, you're nailing job crafting! I'm pretty happy for the moment as to where I am, but I suspect towards the end of the year I'll get the itch again to have more free time (we'll see, it will be an interesting one!) I do want to tend towards optimising for more free ti...
by fingeek
Tue Mar 03, 2020 4:31 pm
Forum: ERE Journals
Topic: Fingeek's Journal
Replies: 84
Views: 15765

Re: Fingeek's Journal

@wolf I'm realising more and more that I'm far better with some structure day-to-day and week-to-week. I also need challenge. In work, I've moved to a new really talented team in an interesting problem space, and this seems to be keeping me engaged (It's also a bit closer to the customer, which help...
by fingeek
Mon Mar 02, 2020 8:57 am
Forum: ERE Journals
Topic: Fingeek's Journal
Replies: 84
Views: 15765

Re: Fingeek's Journal

Update for Feb: Current net worth (not including home): £406,486 To cover "fixed expenses" (lean FIRE): Current Withdrawal Rate requirement: 5.7% NW deficit to 4% SWR: £177,341 Years of savings to 4% SWR: 4.4yr/Jul 2024 To cover "fixed expenses + optional expenses" (live as today): Current Withdrawa...
by fingeek
Fri Feb 21, 2020 2:15 am
Forum: ERE Journals
Topic: 2020
Replies: 93
Views: 24287

Re: 2020

Awesome, keep us posted 😀
by fingeek
Mon Feb 03, 2020 9:55 am
Forum: ERE Journals
Topic: Fingeek's Journal
Replies: 84
Views: 15765

Re: Fingeek's Journal

Update for Jan: Current net worth (not including home): £417,920 To cover "fixed expenses" (lean FIRE): Current Withdrawal Rate requirement: 5.6% NW deficit to 4% SWR: £165,235 Years of savings to 4% SWR: 4.1yr/Feb 2024 To cover "fixed expenses + optional expenses" (live as today): Current Withdrawa...
by fingeek
Thu Jan 30, 2020 7:55 am
Forum: ERE Journals
Topic: 2020
Replies: 93
Views: 24287

Re: 2020

Great, good luck, it doesn't seem too far away either way!

I get the "big break" thing for sure, but of course the question is: Why haven't you done those things already?
by fingeek
Thu Jan 30, 2020 2:30 am
Forum: ERE Journals
Topic: 2020
Replies: 93
Views: 24287

Re: 2020

Nice! Is that out at £400k regardless of when you hit it? (even before/after Jul/Aug?) What are your life plans next?
by fingeek
Thu Jan 16, 2020 5:20 am
Forum: Lifestyle Questions
Topic: Bored out of my mind
Replies: 20
Views: 2191

Re: Bored out of my mind

It is said that boredom comes from lack of energy, not lack of things to do. Find a way to cultivate and conserve your energy and you will find yourself dragged out of boredom. Exercise and meditation are great things for this, as is "just do something challenging, however small" to build the moment...
by fingeek
Tue Jan 14, 2020 12:26 pm
Forum: ERE Journals
Topic: wolf's journal
Replies: 226
Views: 41884

Re: wolf's journal

Yes, if I define FI with a WR below 3%, then I could declare myself FI. I would prefer the term „runaway mode“ in my situation, though, because I am deliberately coasting to FI. For me FI means achieving an actual passive income that exceeds my actual expenses plus health care plus margin of safety...
by fingeek
Sat Jan 11, 2020 2:58 am
Forum: ERE Journals
Topic: classical_Liberal's Semi-ERE
Replies: 530
Views: 98580

Re: classical_Liberal's Semi-ERE

The money definitely becomes more and more backseat as you realise that it's just a mechanism, not a destination. Pretty painful to get to FI and realise you have nothing to RE to! I equally am a "C" whereas I thought I'd be a "B". I struggled with the lack of structure and loss of belongingness/soc...
by fingeek
Wed Jan 08, 2020 10:50 am
Forum: ERE Journals
Topic: wolf's journal
Replies: 226
Views: 41884

Re: 2019 review and 2020 outlook

Great to hear the update, and is as much as I imagined - Super low expenses, and definitely-FIREable WR. Withdrawal Rate = 2.26% long-term* goal of 420k€ FI money = 58% *btw. 2024 to 2028 With a WR that's definitely within FI, why change the goalposts from 2024->2028? It sounds like maybe you should...
by fingeek
Sat Jan 04, 2020 10:27 am
Forum: ERE Journals
Topic: Gus' road to retirement
Replies: 208
Views: 43230

Re: Gus' road to retirement

I think I'm finally out of the depression, feeling pretty good and not anxious for the past few weeks. It's like my old self came back to life. It really came down to focus. Whatever you focus on is how you're going to feel, IOTW you become what you think about. Best friend dying, my parents are ag...
by fingeek
Thu Jan 02, 2020 1:53 pm
Forum: ERE Journals
Topic: Fingeek's Journal
Replies: 84
Views: 15765

Re: Fingeek's Journal

Update for Dec: Current net worth (not including home): £344,667 To cover "fixed expenses" (lean FIRE): Current Withdrawal Rate requirement: 7.0% NW deficit to 4% SWR: £254,198 Years of savings to 4% SWR: 4.9yr/Nov 2024 To cover "fixed expenses + optional expenses" (live as today): Current Withdrawa...