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][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

[b]Well to start with you at least seem to have cut your salary expectations for said dream woman by 4/5 since your op of a couple of days ago so at least it’s a start in the right direction.[/b]

What I think you’re failing to account for is that you’re seeking to attract a successful woman but are yourself coming to the partnership not only with a pretty basic salary but are also making it clear that this is the best it’s going to get, whereas most people (particularly women) pursuing marriage have an implicit expectation that their partner’s salary is going to continue to increase and are seeking someone with drive and ambition.

[/quote]

LOL, progress! [/quote]

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