exploding_whale

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On Retirement Savings

I’m almost 40 and according to the wisdom found everywhere on the internet, I don’t have enough saved for retirement. Which worries me because I’ve been saving for as long as I’ve had a proper job with access to a retirement vehicle. But also because the internet wisdom doesn’t make sense or sound feasible....

exploding_whale ,

FIRE is based on 25x expenses, not income. The difference is particularly important for FIRE folks since they tend to save a much greater portion of their income rather than spending it.

exploding_whale ,

The boglehead wiki is a good place to start and reference and the lazy portfolio article has some good details.

Pay off student loan debt or invest?

Is there a general rule of thumb on student loan interest rates and whether or not it’s better to pay off ASAP vs invest in an index fund? Sold a lot of company stock from an ESPP and RSU program that happens to be the value of our household’s student loan debt that is just entering repayment after graduation. Can’t tell...

exploding_whale ,

Locking some money with that 0.9% fixed plus inflation for 30 years has some merit. I wouldn’t go all in but they aren’t completely worthless.

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