So what does everyone do for side hustles? Feel like that’s a big part of FIRE along with living below means. Any good ideas that aren’t an internet scam?

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Invest. It takes a while but slow and steady adds up over time. Time in the market is better than timing the market.

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Many rental property owners around here. And bitcoin 🚀

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https://youtu.be/koaxIXweIP0

The only side hustles for white collar professionals usually mentioned are stock and real estate investments. And maybe teaching.

Everything else is dog walking, making beads, cupcakes etc.

How did everyone get started in real estate?! Seattle is quite pricey haha

So stop asking so many questions and do something 💁🏻‍♂️🙆🏻‍♂️🤭🤣

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As a lawyer I feel like my side hustle is billing + marketing myself as a lawyer so that I get raises and bring in and take a cut of files + self directed investing. I can’t imagine having time for a side hustle (with the exception of selling clothes on poshmark)

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Thoughts on product management vs strategy consulting?

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I'm age 40. Does the info below mean if I stop working now and collect the benefits at age 67, I'll get $3403 monthly social security benefits?

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Any advice from a soon to be landlord?

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Will have a kid soon. Are 529s a good investment or better put that money in something else like ETFs? Has anybody done something else other than 529s. Would love to get some perspective. State offers tax savings

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Any good articles or some other related fire posts talking about how the year 2020 has impacted them?

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New to fire, started my first year in the workforce last year putting 13% + 1.5% employee match into a Roth 401k. This year I upped it 1% so 14+1.5% total now. For reference I made in the mid 80s in year one. Is this a safe contribution early in a career? Any tips, or suggestions on how to allocate my savings?

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Have you calculated how much total tax you pay each year? Last year I made $185K and paid $68.5K in total taxes, which includes federal income and payroll taxes (social security and Medicare) and state income tax. 37% of net income went to taxes. How much in taxes are people paying?

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Which Vanguard products are you investing in? I want to open a Vanguard account to contribute to (after maxing my 401K and HSA) but there are so many options. Suggestions on for “set it and forget it” products? Planning on contributing annually but not touch it for the next 30years…

Just ran the numbers and it seems like undergrad and grad school costs will be through the roof when my kids go to school in 15 years. I wanted to try to aggressively pay off my house (400k loan balance) but am now thinking I can’t do that and will have to only throw money at the 529 (100k balance) for 15 years. Thoughts? What would you do?

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Can you start this if you’re 34? Kind of late to the game or nah?

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Need some FIRE advice please. I am currently 25 M, with 125k in savings across my 401k/ESPP/Personal Brokerage Acct. etc. I have no debt. Base salary of 125k with up to 25% bonus.

I contribute 20% to my pre tax (employer matches up to 6%) and 5% in my Roth 401k and 10% in my ESPP. I keep only what I need in my checking to pay rent and have some fun on the weekends, but all relative would you say that I am allocating my funds correctly. Huge believer in value investing and compound interest.

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I don’t think I have enough saved (80-100k) to justify a financial advisor. But I also was never taught/learned about money management and planning. Are there any good resources or books in which I could learn about how to invest in my retirement?

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Anyone living the dream DINK lifestyle to help reach FIRE earlier? Still very single myself but would love to hear success stories!

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Saw a post about an engagement ring here so wondering if you all have tips for wedding bands. Ideally, a half eternity band or something similar for me and a white gold 4 mm band for my partner.

Hi,
28 with about only 30k saved till now. Have worked 2.8 years and I feel I’m so behind. I’ve tried to save on everything possible but my family commitments make me feel I will never be able to retire - I make 95k a year and started at 82 base and 14k sign on in 2019. From 2019-2020 I had to help a family memes out of debt (approximately 30k). I started saving more aggressively in 2020 but then realized I’ll have to support my dad who’s business went under (1K every month-he’s in India so low

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My goal since early 2020 was to hit $100k NW by Dec 2021. It’s going to be March 2022 and I’m at $86k 😔 It’s mostly due to healthcare-related bills I didn’t anticipate.
Trying to decide if I should still go through with a 1 week trip to Spain in May that I’ve been wanting to do for years :/

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Has anyone calculated 15 years ROI for an investment apartment to rent vs. ETF stock investment in market by the same down payment /closing cost $ as a starting money? My calculation shows buying a house being a landlord gives a higher return when home price appreciation is 3% annually after factoring in all taxes in both cases, 1month of vacancy period per year, maintenance costs, compound interests etc. What key factors should I consider?

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Has anyone heard of Ponce Bank - it is giving 2.5% yield for money market account. And UFB direct is giving 2.21% on money market account. And Marcus by Goldman Sachs is giving 1.7% on savings account. Which one should I go for? I have about $200K to keep for sometime until I decide what to do with it

Does anyone have any experience with buying & renting real estate properties in Florida? Good idea or bad?

I’ve been looking at apartments in Brickell, Miami. This would be used primarily to rent via AirBnB (or a full 1 year lease if I can find a a decent tenant).

Any advice is appreciated.

Thanks all

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