FIRE Financial Independence Retire Early

Anyone invest in foreign markets/indexes such as in Dubai etc.. to avoid paying capital gains and income tax upon retirement ?

I’m all for giving up my nationality in Canada if it means i can have 50… more

Is there basically no chance to get Medicaid in the future if you are moderately well off and have investments and assets/income? What do people do to plan for this?

Hit my first 100K in 401K this week. I’m 30 so still feel like I’m behind based on this bowl but feel like I’m trending right direction. As someone who came from a very poor background without a lot r… more

Trying to maximize tax advantage investments and already contributing max on 401k and back door IRA. The only other opportunity I can think of is 529. We exceed the income limit for tax reduction but… more

Do you factor social security into your net worth..assuming it will still be around at retirement age? If so what’s your calc?

I have been reading a lot of posts lately about good places in the US to fatFIRE to, including places like Las Vegas, Austin, and Arizona but I would like to put out there another viable option that i… more

What do you do when your SO has zero financial sense? Before we met, they have no savings, no 401k and no investments, they were living paycheck to paycheck even though they made decent money. Since w… more

Divorced and lost half of my 800k NW then invested my 50% NW (400k) into RE flip and it went under as the market crashed. Any hope for a 39YO to retire by 50 realistically ?

I’m 100k in debt and thinki… more

Anyone else been looking to buy a house in a HCOL but struggling to accept the costs. My husband and I have been looking for about a year, recently sold our condo. We are currently renting an apartmen… more

What do you spend your extra money on? I’m already saving a ton. Not particularly frugal, just don’t do a ton of “spendy” hobbies and am a homebody. Continued.

Just put a new primary residence under contract, planning to keep current SFH as a rental, but will need to tap approximately $26k in Roth IRA funds to close (could do HELOC but it’s at 9.5% which … s… more

I have about 80k in JEPI which has performed well in last year but projected to do worse in lower volatility periods which I feel 2024 will be. What would you liquidate this position into for highest … more

What are some side hustles that only risk time (not money) that can eventually add an extra 100k or so? Risking money means day trading/flipping things where you can end up going neg instead of just l… more

Best (highest %) HYSA out there? Thanks fam

How did you approach the topic of FI in a serious relationship? What conversations do you wish you had before marriage /are really glad that you discussed?

Me (36F) and my wonderful boyfriend (35) are … more

27M single, just at the cusp of 500k NW (pretty much all index funds).
I need some input on whether it's irresponsible to drop 20k on Antarctica trip. I know I want to pull the trigger this decade,… more

When I compare to others, I sometimes feel behind. When I look back and see how far I’ve come, totally different feeling. One year into my first job out of school I was making 70k a year, had 27k in c… more

recent rally has put me at 590k NW - 33F. Feeling pretty good!

How many of you are using a bank trust department/services as a trustee? Which bank are you using and what are they doing for you? For context, I currently have my sister and girlfriend (mother of my … more

AMA - Retiring early (early 40s) in Jan from Accenture.

What finance apps for net worth / tracking do folks use, especially since mint is shutting down? I tried free trials on YNAB and copilot but not sure they’re worth $100/year…

Does anyone have experience with a cash balance benefit plan? I have one through my company that has a modest balance and I’ve never considered it to play a significant part of my retirement, however … more

What’re everyone’s favorite ETFs?

Im addicted to buy VTI - any suggestions?

My husband & I are both 26yo, living in NYC, have an HHI of $285k gross, net worth of $510k, no financial debt. What price home/apt can we realistically afford?

Marriage can help accelerate, but boy can divorce utterly destroy a lot of progress.

FIRE advice - protect against the downside when it comes to getting the government involved in your relationships.

Divorce is a… more

Rear ended and totaled my car. The truck I hit was fine and the guy was fine. Truck was affected at just 2 inch scratch and the guy was fine.
Heard from my insurance today they have an attorney and are asking how much … more

Wondering if anyone here either married or in a relationship who lives off of one person’s salary. My partner and I will be getting married, and I think that splitting expenses as a married couple is … more

Anyone can help me understand how back door Roth IRA works? Do I just put $6500 in a traditional IRA and try to convert it to my existing Roth IRA?

I forgot about the backdoor Roth this year and don't have spare cash to put toward it. I was planning to put $3750 from each of my last two paychecks for the year into index funds (part of my regu… more

Do you believe the “Millionaire Mind” principle that people who have salaried jobs are unlikely to accumulate wealth in the millions? Is it necessary to move from being paid for time (which limits inc… more

Has anyone ever sold their business class seat on a flight to someone in economy?

Anyone know the best place to get long term care insurance at an affordable rate? In my late 30s and would like to plan for it.

Hello! I need to elect my 401k deductions. I have a choice between before or after tax (Roth). I get the basics between them and I have more than 5 years before I retire. Are there any downsides to th… more

I would love some advice and thoughts on this.

I’m going to renovate my property and I’m thinking on the financing of this purchase. Would it be a terrible idea to do a 0% apr credit card for 12 months and then d… more

Visited my family this weekend and learned that family friend members stand to inherit double digit millions given some stock bets during covid that paid off. It just made me wonder how that would aff… more

I so desperately want to win the lottery. I feel like the freedom to do a career I want and not be tied to my job would be such a life enhancer….. I buy tickets every week just dreaming of a life with… more