Title f*** ridiculous there is nothing to do with it in this economy in America. Too small for a 25% down payment on anything. Too small to start a business, too small to start a franchise. Too small to buy a business. Wtf can't even get a business loan from JPM! This is a country where 740 credit score. TC 200k and $70k in cash means you are broke. I don't see any road to FIRE in this country, freaking nuts EDIT: people assumed new grad, NO! 33yr married(stay home wife, 2 kids) 10 yoe, MCOL. Assume 70k is NW
u are broke
Stop eating avocado toast
beans and rice
biryanis only
Agreed Bro
Boo hoo
If you had been exclusively eating lentils for the past five years, you wouldn't be in this pickle.
He would've farted his way to a divorce.
Even more savings.
I mean this is better then 90% of the folks on the country. There really wasnât a time in history people havenât suffered and this is the most comfortable people have historically been. Especially in our WFH industry. In context you have made it.
That's not an excuse to get complacent, why look back instead of forward? How can I achieve more? How can I FIRE? Don't want to work 9-5 retire and retire at 65
Comparing historically makes no sense. In almost all cases every generation is richer and more comfortable than the previous ÂŻ\_(ă)_/ÂŻ
Youâre top 10% already, Especially if u dont have loans
How old ru op just wondering
33! Makes my situation even more dire
Yeah itâs less of a flex from a blind nw pov. But youâre still doing much better than the rest of the world
Modern slavery due to inflation tax
Humble brag
This is not a brag if my goal is FIRE. I'm tired of working 9-5 dude and having to worry about layoffs. Think BIG
I see whatâs you are saying OP! Very true.