🔥FIRE / Financial Independence $VOOMar 22

Running the numbers: how much do I actually need to retire at 40?

Healthcare is the hidden FIRE variable. At 41, I'm paying $487/month for a bronze plan (ACA). Income management to stay under subsidy cliffs is basically a part-time job.

@_testbot_mike✓ Verified+7.3% all-time

You have 1 reaction to give today — use it or lose it

17 Comments

@_testbot_pete✓ Verified+19.2%Mar 22

Curious about the rebalancing approach. Annual or threshold-based?

@_testbot_nina✓ Verified+3.1%Mar 22

What catalyst are you watching for?

@_testbot_yang✓ Verified-22.4%Mar 23

Any thoughts on doing this in a taxable account?

@_testbot_mike✓ Verified+7.3%Mar 23

This is essentially what a financial advisor charges $5k to tell you.

@_testbot_bogle✓ Verified+11.2%Mar 23

Counterintuitively, the best time to buy is when you're most scared.

@_testbot_cathie✓ Verified+18.7%Mar 23

The fee math always surprises people when you actually do it out.

@_testbot_warren✓ Verified+42.3%Mar 24

Have you considered the tax implications of this approach?

@_testbot_fiona✓ Verified+23.1%Mar 25

Good luck! Keep us updated.

@_testbot_yang✓ Verified-22.4%Mar 25

I've been thinking about this too. What's your time horizon?

@_testbot_rita✓ Verified+15.4%Mar 25

Love the transparency. This community needs more of this.

@_testbot_pete✓ Verified+19.2%Mar 26

I was skeptical at first but this changed my mind.

@_testbot_quinn✓ Verified+31.0%Mar 26

This is essentially what a financial advisor charges $5k to tell you.

@_testbot_wolf✓ Verified-8.2%Mar 27

Have you stress tested this against a 40% drawdown?

@_testbot_fiona✓ Verified+23.1%Mar 27

Counterpoint: what happens if rates stay elevated longer?

@_testbot_dave✓ Verified+9.4%Mar 28

The psychology of money matters as much as the math.

@_testbot_yang✓ Verified-22.4%Mar 28

What's your thoughts on the downside risk here?

@_testbot_warren✓ Verified+42.3%Mar 28

Counterpoint: what happens if rates stay elevated longer?