Early Retirement Extreme Forums

Entry 5: Growing Pains Current Goals (progress): 100k in Net Worth (7.3/100) -0.7 Bodyweight Target: 118 (163) -2 Target Savings Rate: 78% (0%) Not saving; currently zero income. Target Resting Heart Rate: 40bpm (68bpm) +2 I know I just posted updates only a couple days ago, so progress numbers are ...

Reflecting on my path, any earlier than nowish would have been too soon to attempt serious social capital building. I didn't have my shit together enough. But three years from now would be too late. It's time to start parallel pathing/weaving social capital into my WoG in a meaningful way *now*, an...

I read this article on zeroth principle thinking, but it still seems more abstract than I grasp. You and me both. There's a bunch of handwavy BS like "I want to do things that change the game completely", which I suppose is to be suspected of an independently wealthy silicon valley type. ...

Do you have shorter term milestones for the goals? Like this week / month / quarter? I personally find it hard to sustain motivation, if I'm looking more than 10 weeks into the future. I'm close to your heart rate goal. Low 40's. During sleep, my tracker's logged a couple 39's. I get my lowest numb...

Entry 4: Soul Searching Current Goals (progress): 100k in Net Worth (8/100) -2 Bodyweight Target: 118 (165) +2 Target Savings Rate: 78% (0%) Not saving; currently zero income. Target Resting Heart Rate: 40bpm (66bpm) -5 I started looking into the process to pull money from my retirement accounts, ju...

Sounds like a potentially fruitful line of inquiry for PhD work if you could find the right program with people working in similar (or at least adjacent) areas. But that might get in the way of your desire for maximum income. :) I did PhD. It got me nowhere financially speaking. My first job afterw...

I am curious about what sort of genetic engineering you are contemplating. I don't know about genetic engineering but your comment made me think how cool it would be to set up a small chemistry lab on my land in Vermont I hope to acquire. I like the idea of dedicating a constrained time frame to ex...

I know I really scare or just confuse people sometimes who can't get the duality of being really messed up but also high-functioning. It's not an analogy I like to use often because I don't want to look like a goober- but the closest media representation/tropes I've found are in veterans. The trope...

I wish I had had the benefit of Cal Newport's wisdom when I was in undergrad. It would have kept me from changing my major eight times. This sounds like an incredible story and I would love to know more. I also have a tendency to think "everything is interesting if you go deep enough", bu...

I also whole heartedly recommend cal Newport books. They gave me a life philosophy that I followed religiously throughout my 20s. While they gave me a great deal of personal satisfaction, I find that they do not adequately address the more practical matters of making sure your efforts are financiall...

I know points 1, 2, and 4. I was looking into it a bit more and it looks like most of the dividend payouts are not even profits or premiums they are collecting. It's majority investor capital, so you're just getting your money back in increments. Is that what you're saying in point 3? I have to loo...

Entry 3: Getting back on the horse again. Current Goals (progress): 100k in retirement accounts (10/100) +0 Bodyweight Target: 118 (163) -3 Target Savings Rate: 78% (0%) Not saving; currently zero income. Target Resting Heart Rate: 40bpm (71bpm) +1 Lost job, so no income. Filed unemployment, so hope...

What do you guys think about QYLD or SVOL? These are ETFs that pay out large dividends (about 1% per month). My dad was thinking of using them to retire. I told him I think it's fine as long as he's okay with a worst-case scenario if his investment crashes 50% or more. I also told him he needs to h...

Age: 26 Location: Los Angeles County Occupation: Environmental, Health and Safety Specialist Compensation: Base Salary: $133,900/year Year-End Bonus: 15% Roth 401(k) Match: 4%, 1:1 Profit Sharing: 3%, vested 100% after 3 years Assets: Emergency I know that comparison is the thief of joy, but this r...

Wow, congratulations on being so close to realizing your retirement dream @shaz. In another life, I would have loved the idea of traveling around with horses haha. But I sort of jinxed myself by learning a lot of skills which tend to bind me to a city center. But maybe my version would be a tesla wi...

Sorry to hear this, Veronica! Do you get any severance? And I don't quite get why they mention your eligibility for rehire when there is a skill mismatch, am I missing something? What line of work were you in? I will be receiving my final paycheck, and some payout on unused vacation days. I'm expec...

Well, this has certainly been a perfect time to focus on frugality. Just let go from my job today. Constructive dismissal, said it was a "skill mismatch". I've been around the block to know that this is a euphemism to cover for any number of reasons that are usually ultimately down to comp...

Yes those sort of men are utterly appalling. I actually new a girl who was murdered by her neighbour - a chartered engineer of all people - apparently for rejecting his sexual advances. This sort of thing is exactly why I'm so worried for the future. Sex, and the connections that it fosters, are so...

I really appreciate your thoughts on depression not being an issue that can be intellectualized away; it requires action to remedy some of the contributing factors and insecurities that cause it to manifest. I also changed jobs, roughly a year ago. I make significantly less money than before, but I ...

Welcome, Veronica! I will be following along! How big is the rowing machine? Don't be a stranger! Hop in anytime. It's actually really neat. It's like a 20x20x80 inch. But it's got rubber feet on it, so I can easily stand it up against a wall when I'm not using it. And it feels like a less than 2ft...