I was once at a dinner with a second year analyst, consultant, and partner, and the analyst said he planned on retiring by 30 and the partner and consultant laughed. Little did they know, the analyst owned his own home and rented all the rooms out so he payed no rent, never ate out, only grocery shopped, and very very rarely bought anything new. He saved most of his income, and was perfectly content with just his video games. That man was serious about not being stuck working forever.

likefunnyupliftingsmart
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Smart guy!!

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Had a partner laugh in my face about that too. I’m single, no kids, don’t go out to Nobu every weekend and save 80% of my income. He’s married with 3 kids who I’m sure he thinks are entitled to private school, has a McMansion in TX, etc i say nothing about the obvious golden handcuffs but people roast me for living a quiet and frugal life

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Are you writing erotica FIRE fiction about yourself?

funnylike

Because nobody really cares honestly.

likesmartfunny

That’s great, but I would not be happy with such an austere, monkish lifestyle.

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No one. I grew up Catholic, and my family (my mother) had two friends who were nuns and took vows of poverty that I remember in particular. They seemed very happy with their chosen path. As did most of the members of the clergy And other participants in the apostolic life. As an atheist and a thoroughgoing materialist (and a bit of a hedonist) , I don’t get it, but it works for some people.

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Did you mean to post this on LinkedIn? Was he the interviewer?

likefunnyuplifting

That interviewer's name? Albert Einstein

likefunny

He's lucky to be able to buy a house at 23-24 years old.

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Yup OP and to P1s point - just because someone hasn’t purchased a house at 24,27, 30 etc doesn’t mean they haven’t worked hard. Everyone has different circumstances. Hell even having a high IQ is down to genetic luck.

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Seems dumb to be boasting to the higher ups at work about something like this, especially at age 30. I always keep the FI stuff in my back pocket and don't go telling everyone.

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I mean I had a partner ask me directly where he thought I’d be around his age and I answered honestly. Same guy who paid for a $200K MBA to get into the same firm I recruited for out of undergrad

I never just volunteer my personal info, people ASK me and then get mad when they don’t like the answer

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A rabbi, a priest, and lawyer are sitting at a bar...

likefunnysmart

And as a result he never hung out with friends or dated anyone?

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His friends go to his house I guess. I’ve never heard of him dating, but we have a professional relationship so there’s no need for him to tell me. People have their own ways of living and finding happiness. His isn’t the same as mine

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Different strokes for different folks… but working for the rest of my life sounds less soul crushing than this kind of existence

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Imagine he changes his mind at 30 though, he could live it up in his 30’s with significant salary increases these firms provide and his early investments would continue to grow significantly while he affords himself more comforts later on.

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So they just laughed, and there was never a discussion around how they planned on doing that? It just ended with the laugh, then on to the next topic? That seems strange.

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Walk me through the numbers.

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I personally think that's great. If he/she had said that to me, I would've taken it as a learning experience. Asked about his/her plan and opened a discussion. Sometimes when people have such big goals that others can't believe it, all they know to do is laugh or judge. If Mark Zuckerberg went around Harvard and said I'm gonna be a billionaire at 23, they would've all laughed too (he's a pretty extreme example but still)

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Payed?

likefunny

And* (thanks!)

likehelpful

There is life after formal employment situations. If this person had a financial plan to reach this goal, I’m assuming they have a plan for the next post employment phase. Kudos to them for staying focused!

likeuplifting

Doubt so

People who says he shouldn't have told them 90% of time they are right.
It depends on their current relationship.

This boasting could cost him his career opportunity due to jealousy, also to not go out and play games, would stunt his growth of career opportunities- "it's not what you know, it's who you know that will get you the job"

Few years down the track, he's mates would be earning double and old mate boasting about retiring in his 30s will still be on low income, discovering he needs more additional income due to kids education and tuition.

likesmart

That’s amazing to hear, but I guess less easy to discuss with folks that aren’t into FIRE as the idea of retiring early is alien to them.

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Also, retiring at 30 probably assumes continuing that lifestyle until death. Not my cup of tea.

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Seems like the college life just kept on after college. But just wait till he get friends he might need to go out with them.
Anyway that lifestyle it's cool for some people but hard to sustain for others. Because he is nickel and diming at the mercy of happiness and some are not willing to do that.

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I view this as a little sad. Like there is so much more to life. Travel, social life, and just enjoying a good meal. Frugality is important but balance.

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He has guts to say it. I bet you the partner was jealous inside :)

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