Turning 28 and hit $300K NW today. Never formally FIRE’d but want to set out a plan for here onwards. What’s some good material / easy reading to start with?

like
Posting as :
works at
You are currently posting as works at

Don't read, just do. Max all retirement accounts. Live frugally.

like

How about read and do?

like

I’d recommend ‘If you Can’ by Bernstein - very short pamphlet. Has some great resources.

The OG book is ‘Your Money or Your Life’. Excellent resource and helps explain the ‘Why’ for FIRE

like

Do you have any advice in terms of investments to grow your NW

like

Also, congrats!

Related Posts

I recently cleared all rounds of interview for Mindtree and waiting for the offer letter. However, since Mindtree has been recently acquired by LTI, is there any layoff expected to happen in Mindtree?
Kindly pls give me an idea about how the situation is now in both companies.

like

how much harder is banking then valuation?

likefunny

Under contract for nearly 1.1M. Wife and I are at HHI $315k. Will go up in the future, $400k in 3 years and $500k possible in 5-7 years. We have $300k in non-retirement funds, $260k of which will go towards acquiring the house. We have 2 kids and will probably reduce (not maxing) retirement accounts next 18 months to do this. Anyone have any thoughts or feedback? We’ll have to live on a budget and watch but I feel we’ll get used to it and income will grow.

like

Did you use admissions consultants? Who was it and was he/she worth it? Advice on selecting one?

like

What margins and font size are you all using for your resume?

Got a 690 gmat, should I retake? Plan to apply for part-time HaaS next year.

like

Just for general edification, what do people read habitually? News outlets/educational publications/blogs/independent media?

like

Verizon or new T-Mobile+sprint

like

Larsen & Toubro Infotech Any reviews in MLops in LTI hyderabad
Got an offer of 21LPA
YOE is 4.5 Larsen & Toubro Infotech

like

Top consulting firms in the aviation / urban air mobility space?

like

I truly will never get people who turn the AC on full blast but will be fully wrapped up in blankets and complain that they’re cold.

like

Anyone here have experience / know anyone who did the Luxury & Fashion Retail MBA @ NYU Stern?

like

Hi Fish,

How much CTC should a CA + CFA profile expect in BFSI sector with 10yoe and good ratings in all appraisal cycles.

like

Hi everyone.

I joined Accenture as level 10 with 5 yr experience in September 2022.
Is there a chance for promotion next year?
If so how.

like

Any good site/utube channel to learn SAP HANA

like

When are the raises and bonuses getting announced?

funny
like
like

I have joined Verizon in June 2022, will I be eligible for this year as my manager I don't need to fill my goal sheet as I am still in 6 month's probation. Kindly help me to understand.

like

Additional Posts in FIRE Financial Independence Retire Early

Which is good brokerage account for etf and stocks. Can't use robinhood due to restrictions

What do most people invest in for their Roth IRA portfolio? I’ve heard target funds and ETF’s..which one is better?

How do you invest and save for your children? I’m thinking about setting them up with custodial brokerage accounts but don’t want them to have a heyday at 18. Did you create irrevocable trusts or?? They are too young for earned income and I don’t own a business so no IRA investing opportunities here.

like

Question about what to do next. I’ve maxed out everything—401k, HSA, IRA, backdoor Roth 401k. My bills are all paid. I’ll probably make about 16,500 more this year to do stuff with (ie money that isn’t going to taxes or insurance or anything). What should I do with it? Crypto? Set it on fire? Get a hair transplant?

like

I’m considering building up my I bonds to eventually replace my 6 month expenses emergency savings account. Any downsides I’m not considering? If I slowly ramp up and ladder, I can partially withdraw any amount if I need to after a year. Even with lower inflation in the future, I’m guessing it’s going to beat a savings account yield. Thoughts?

like

I have mostly passive investments. I was thinking the other day: what if everyone had only passive investments? Wouldn’t this create incredibly high amount of systemic risk? Are we all sheep??

Still using Ally Bank savings account, but the APY had dropped to .60%. Time to move. Any recs on personal savings account? This is my emergency “savings”

like

Have 20k, what’s a good small business to start with this fund? Serious question here

like

I wish I wasn’t adaptable. Humans aspire for a greater level of comfort and once achieved, adopt that as their new baseline. Because of this, somebody making $100k cannot simply comfortably revert back to a $50k lifestyle. The slow growth of personal wealth isn’t noticed as ideated. Instead, we are never satisfied.

Can you relate? Has your salary / net worth growth dramatically improved your quality of life?

like

What’s everyone using instead of Robinhood? I just learned of WeBull recently but am not sure it’s for me.

like

What is your savings rate for the year?
I am saving 66% of my take home pay and I’m pretty satisfied with it.

likeuplifting

Significant other and I crossed the combined $1M net worth mark this quarter! Mostly in RE and 401k so we will not be FIRE-ing but still excited to be in the 7fig club.

Sorry, need someplace to celebrate and you guys are awesome.

likeuplifting

Is anyone else worried about an upcoming market crash, similar to the dot com bubble?

like

Does anyone have any inspiration stores of FIRE without an incredibly high income/family financial support. Looking for hope 😅

like

Comment if you claim this coupon code. I’m not going to use it.

Post Photo
like

Best long term investment strategy against inflation to get to a large nest in for retirement?

like

I contribute 10% of my paycheck to my employee share purchase plan. Is this smart to do given the tax repercussions behind it? Is it smarter to invest less in that and more in my Roth or 401k?

like

Anyone know of a good cross-border US/UK financial fiduciary?

like

Currently 23yo with $65k in cash and $14k in student loan debt. Not sure what the best course of action is. What would you do?

like

Home reno financing question. Have a big project coming up in the $120-150k range. Funding sources are:
- 90k from a heloc around prime
- 10k from a credit card that offers promo checks at 2-3% for 12-18 months
- 375k in a brokerage
- 5-6k per month cash that I can put towards the project, loans, or brokerage

I don't want to stop funding the brokerage because my FIRE plan is less numbers based than "hoard like dragon until it's enough" but maybe I should... How would you optimize?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal