Search found 9 matches
- Tue Dec 12, 2017 1:05 am
- Forum: Work & Education
- Topic: What if you can't go back to work?
- Replies: 26
- Views: 7409
Re: What if you can't go back to work?
For me, my main income stream when I retire will be 3-4 properties that I own. I'll still have my 401k but I have no plans on touching that till later, my real estate should be enough. But, tennants can leave, properties can burn down, etc etc. I can't think of anything I love enough that will bring...
- Mon Dec 11, 2017 10:44 pm
- Forum: Work & Education
- Topic: What if you can't go back to work?
- Replies: 26
- Views: 7409
What if you can't go back to work?
One concern I have about ERE is the potential event that you may have to go back to work. Example: Lets say you retired at 37 as a software engineer. You made all your calculations and you figured you can not work for the rest of your life. But lets say 15 years later, you're 52 and you realize that...
- Thu Dec 07, 2017 11:28 pm
- Forum: ERE Journals
- Topic: neemap journal on the path to FI. Here are my numbers.
- Replies: 11
- Views: 2178
- Tue Dec 05, 2017 9:22 pm
- Forum: ERE Journals
- Topic: neemap journal on the path to FI. Here are my numbers.
- Replies: 11
- Views: 2178
Re: neemap journal on the path to FI. Here are my numbers.
If your expenses are only $2k/month I don't see why you would voluntarily work until you had $12.5-15k of cashflow. I guess you will slowly come around after spending more time here ;) Well, lots of different reasons. 1.) I want to live off more than just $2.1k/month. Probably 4-5k is what I want. ...
- Tue Dec 05, 2017 12:00 am
- Forum: ERE Journals
- Topic: neemap journal on the path to FI. Here are my numbers.
- Replies: 11
- Views: 2178
Re: neemap journal on the path to FI. Here are my numbers.
I see. Well the loans I have above are definitely for 10 years (I checked the loan contract), except the 3rd property. That is for 7 years. Hopefully in 7 years I'll have enough paid off to where I don't care what the new interest rate is.
- Mon Dec 04, 2017 9:59 pm
- Forum: ERE Journals
- Topic: neemap journal on the path to FI. Here are my numbers.
- Replies: 11
- Views: 2178
Re: neemap journal on the path to FI. Here are my numbers.
Answering your questions below: 2.) Two of them are next to each other. The other one is about 20-30 minutes away. 3.) Property #3 is actually a 7 year loan, I'll update the info. The rest are in fact 10 year loans. If I'm in a situation where there is significant debt left on the properties in 10 y...
- Sun Dec 03, 2017 10:01 pm
- Forum: ERE Journals
- Topic: neemap journal on the path to FI. Here are my numbers.
- Replies: 11
- Views: 2178
neemap journal on the path to FI. Here are my numbers.
Hi guys, I just finished reading Early Retirement Extreme and I also read some of madfientist and I've decided that FI is definitely for me. Little did I know that I kinda was already doing some of it anyway and I've always been a frugal person living well below my means. Hopefully, I'm not overdoin...
- Sun Dec 03, 2017 6:53 pm
- Forum: Introduce Yourself
- Topic: Hello, how/where do I post a case report?
- Replies: 5
- Views: 1298
Re: Hello, how/where do I post a case report?
@chenda, just want to confirm, this is the correct sub-forum for that kind of post? I wasn't sure if it was supposed to be in another forum (I didn't see anything listed in the rules).
- Sun Dec 03, 2017 6:32 pm
- Forum: Introduce Yourself
- Topic: Hello, how/where do I post a case report?
- Replies: 5
- Views: 1298
Hello, how/where do I post a case report?
Hi, I finished up reading Early Retirement Extreme and I've also read some of the madfientist. I'm looking for a place to post my age/salary/worth/investments so I can get an objective look at my plans for early retirement but I wasn't sure where to do that. Which forum can I post something along th...