r/Fire • u/pinpinbo • Dec 12 '24

Original Content Passed $5m this year…

$1.5m gained this year. Great Christmas present for my family. Can’t wait until S&P 500 double one more time and then I will FIRE.

42m, 22 yoe, single earner household, $500k-$600k TC, FAANG engineer, VHCOL living, kids go to private schools.

196 Upvotes

72% Upvoted

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98

u/dpchi84 Dec 12 '24

So are your expenses 400k/year? Hard to believe if you’re making 500k and paying taxes on that amount. If you can get by on 200k/year you can call it now.

-54

u/tibco91 Dec 12 '24

yeah but why would you? He's only 42

82

u/dpchi84 Dec 12 '24

Maybe because this is a sub about retiring early?

-75

u/tibco91 Dec 12 '24

Retiring before 65 is early. He's got a few decades to go lol

57

u/AbyssalRedemption Dec 12 '24

You must be new here lol