Reply to Has anyone here on a normal income successfully FIREd?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Will she also do the majority of cooking, cleaning and household chores? Because your budget doesn't allow for a cleaning service or much takeout/restaurants.[/quote]

You guys are trying to bait me, but it's not going to work.

I'd expect we'd split cooking, laundry, etc. 50/50.  Real cleaning we'll outsource - as frugal as I am, a monthly house cleaner is something I've always splurged on.  Currently, it's only $90 for my condo and I know it will obviously be more in a house - we'll budget for that.

Regarding parenting, I do expect she'd take the lead there.  [b]Yes, if I'm bringing most of the money to the marriage, I'd expect her to contribute in other ways.[/b]  But, primarily, I'd expect her to do the majority of the parenting because I would only be attracted in the first place to a woman who is nurturing and would enjoy taking care of the kid(s).  Similarly, I'd expect the lawn mowing to fall 100/0 to me since that's traditionally a male activity.[/quote]

LOL.  A 38 y/o man targeting a 29-30 y/o woman and then preemptively charging her a lifetime of servitude to make up for the fact that he's been in the workforce twice as long.

You know what's not traditionally a male activity?  Intentional unemployment.  Good luck out there, I suspect you're going to learn a little too late that FIRE isn't sustainable for the divorced.[/quote]

No worries, as I highly doubt he will find a spouse[/quote]

Apparently, what I’d be offering is a terrible deal for women.

But also, my scenario of a 33-year-old woman having $1 million saved is unrealistic. So let’s say she only has $200,000 saved.  At that time, I have $2 million saved. As I mentioned earlier, the math of compounding is such that it only takes on average three years to get from $2 million to $3 million if one adds $100,000 in contributions annually (I contribute $75,000 now and could contribute more if I were doing pretax accounts, so that should not be a problem at all with both of us working).  So we work and save for 2.5-3 years before having kids and retiring with $3 million.

As I broke down earlier, the $90,000 in passive income from our $3 million is exactly the same as that of a couple earning $240,000 (after they pay $60,000 in taxes, $45,000 in mortgage payments, and put $45,000 in 401(k)s).  Do this in a LCOL area and it’s easily a top 10% lifestyle.  The “downside” for her is that she does the majority of the parenting—but this is not actually a downside because I’m not imposing it on her and would have self-selected for the type of woman who would enjoy doing that.

So she goes from having a 9-5 job with $200,000 saved at age 33 to having a top 10% lifestyle while never having to work again at age 36. I don’t know, it sounds OK to me—maybe not for a $400,000 DC lawyer but for a lot of women.[/quote]

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