What have been some premium/high-dollar purchases you’ve made that you feel were worth it? Curious to hear perspectives from others pursuing FIRE.

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The worst house in the best neighborhood I could find. Easy mil+ in appreciation net of the improvements we’ve made.

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Not really that expensive, but I bought bidet add-ons with heated seats for all the toilets in my house. Would be an early purchase if I ever move again.

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I get the McRib every time it comes back.

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For me: bought an Avocado mattress and a lightly used Herman Miller Aeron desk chair years ago, as my mattress and desk chair were where I was spending the vast majority of my Monday to Friday. No regrets on either.

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Bosche dishwasher, so quite and works really well

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Mine blows

Other than my house and vacations, the most expensive thing I have bought is my 18 year old car. I paid $4600 for it 10 years ago. Shes a beast! Still going strong with over 230k miles.

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Honda lol.

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Gas.

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High end bicycles, but I ride at least 4500 miles every year.

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Toto Japanese toilet. Best 4k ever.

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Which one did you get? The neorest is ridiculously priced

Decision to have a kid, by far. OK OK that’s not a purchase per se. But still. Two to three orders of magnitude more than any splurge.

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Debating a 3rd so appreciate more details!

5k in a mattress splurge - my husband has a bad back

200/month for cleaners - helps my sanity.

60k for a 2024 suburban in 2025 bc we have 2 kids and (hopefully) more on the way. - we bought it “new”, but it was a year old sitting on the lot and feel like we got a “fair” deal.

We now buy our groceries from Publix and Costco for the quality and this feels like a splurge considering we were doing Walmart 2 years ago. And we try to buy organic….which automatically doubles the cost of most items.

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Tempurpedic ultimate cooling with reclining functionality. We bought it knowing he had two hip surgeries coming up and the reclining functionality was a nice tool during recovery.

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My hubby gifted me a Dyson air wrap. I wouldn’t have bought it on my own but it’s def worth it. My hair feels healthy while still getting a blow out feel. Also versatile with all the different attachments.

Orangetheory gym membership

Ikon/epic ski passes to go on trips with friends

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In hindsight, gold. Otherwise, quality clothing - it was expected in the culture I was living in years ago, is classic and great quality that lasts and these days quality is lower. Now the only thing I am willing to spend a lot on is travel and shoes that fit well and look good.

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Robot vacuum and mop

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Country club membership

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I thought of another. I love my fully automatic espresso machine (~$600)

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We don’t do that here.

Check out the “Luxury Watches” bowl.

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So you buy cheap versions of everything and believe there’s no circumstance where spending on the more premium version of an item is worth it?

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West elm couch (harmony collection sectional) for our main living room. We’re thankful for the splurge every time we sit on it.

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High end gym

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Amenities. Better crowd, less high school kids

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$18k for a 2.1 sound systems. I’d do it again

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Additional Posts in FIRE Financial Independence Retire Early

For the past 2-3 years, I have obsessively tracked my net worth/income trends/investment performance over time. I checked my trends just now, and OMG I hit the 300k net worth mark right around Christmas. I guess I haven’t looked at my dashboard for a month. This feels so cool. I want to shout it from the roof! I can’t really brag about this to my friends, so I’m sharing here! 🎉 🎉

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Feeling grateful & proud as I reached my goal ($50K by 25) 5 months early. But I can’t help feeling a bit overwhelmed. In the lifelong scheme of things, $50K doesn’t seem like much. I worked really hard and sacrificed a lot (including mental health) to get to this but it seems a little tiring knowing I still have so long to go. I recently moved out and in with my BF so my expenses are split, but nonetheless they are still expenses. Any tips on continuing this journey and keeping the drive?

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The unending cycle is for real. Reached my LeanFIRE number 2 months ago, yet I don’t feel satisfied. Still reaching for the stars… when will this human desire end?

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I'm a young professional finishing my first year of my career. Last month I opened a brokerage account & invested $4000 in the stock market. I'm planning to invest at at least $2000/month every month now with the goal of creating a passive income stream. Do any of you have experience with a dividend growth strategy? How did you get started?

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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?

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Single and childless but would like kids. High income and maxing out all tax advantaged accounts I can but was thinking of starting a 529 in my own name to be transferred to future kids. If I don’t have kids maybe transfer it to my nephew. Thoughts, pros, cons?

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

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Anyone investing in index annuities? Can someone explain why this is beneficial?

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For any real estate investors

22 years old and currently focused on using my left over income to invest and pay off my debt. I am set to pay off my college loans by next year and, when I do, I want to look into investing into real estate. Does anyone have any suggestions on how to get into/learn more about real estate investing? Or how I can have enough knowledge on the topic to be able to invest wisely when the time comes?

Any books? youtubers? etc. How did you all learn about it?

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Trying to help my retired dad - When I google for what to do after retirement, only retirement planning related things shows up. My dad has been a workaholic and hasn’t developed many hobbies he could pursue. I was wondering how I could help him stay slightly occupied if not busy. Anyone here experienced this with your parents or yourself? How did you navigate this?

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Are we on recession? My portfolio is super down - low cost ETF investor here

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I can do the math on SWR’s, but always happy to have the input of this forum, be it positive, constructive, or a really unique perspective. I’ve been lurking on a FIRE journey for a while, and here is where I am:
2.3M in retirement assets (30% have been taxed)
8k a month in expected expenses…continued in comments

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Are my crypto profits taxed?

Well yes. Crypto is taxed like stocks & other types of property. When you sell for a profit, you are required to pay tax on the gains. It’s called capital gains tax.

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im 27 and could possibly retire if I kept my spending low. However you never know what’s going to happen, do you? How do you deal with the uncertainty?

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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

Anyone here over 70% in VOO or VTI? Is that a smart move for less-involved investor?

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I’m 36 and I recently reached a net worth of 1 million dollars. I thought I was doing good but then I see other people with several millions and can’t help but wonder how they got there.
I feel I’m doing everything I’m supposed to (I save, I invest, I max out my 401k, IRA, etc...).

What can I do to upgrade my game and reach those higher numbers?

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When do you predict the dip? I've been waiting for so long, but don't want to buy now. VTI seems inflated.

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Today I am 28! Any advice you wish you had at my age?

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