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Reply to "Has anyone here on a normal income successfully FIREd?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Op, you need to start meeting and dating actual women before you invent the perfect one in your mind. You have been so focused on your goals that you’ve lost touch with the real world. Find love first, then find the financial planning and life arrangements that work for you *together.* It’s a fools errand to think you have it all figured out by yourself and then demand that a self-made millionaire waltz in and agree to do everything your way. [/quote] I agree there would be some merit in doing this. That’s what prompted the original post in the first place – I’m starting to get a little bit restless. However, I’m at the point where I’m really starting to see the benefits of compound interest – I can probably go from $1.1 million now to $2.3 million in five years. Assuming 10% growth (which obviously never happens linearly) and $75,000 in contributions per year (in Roth and taxable accounts, not pre-tax), I’ll be at $2 million in four years. I was giving myself an extra year just to be on the safe side. From the point of view of retiring, there’s a world of difference between $2.3 million and $1.1 million, so I’m loathe to do anything to potentially interrupt the compounding at this point. It’s only 4-5 years and then I’ll have the rest of my life back. It seems reckless to interrupt the compounding at this point.[/quote] Wait, can you explain specifically how dating would interrupt the compounding? Will your boss pay you less if you date? Will it affect your rate of return? Do you work as an hourly employee literally all of your waking hours? Because dating, FIRE-style, is just not expensive enough to make a noticeable difference in your trajectory. I really think spending some time improving your social skills and getting a feel for the FIRE dating market will pay off for you. Even if it does delay your retirement by a month or two, it'll give you a much-needed reality check and improve your chances of actually finding someone who is willing to marry you. You can't expect to go from zero to marriage with the first person you date. That's not how it works for 99% of the population.[/quote]
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