tag:blogger.com,1999:blog-8628657027337942471.post8475043452584158338..comments2024-03-20T15:06:24.296-07:00Comments on dividendgeek: What is financial independence?dividendgeekhttp://www.blogger.com/profile/09718259575918792951noreply@blogger.comBlogger26125tag:blogger.com,1999:blog-8628657027337942471.post-23326819261367483132018-03-28T19:04:55.410-07:002018-03-28T19:04:55.410-07:00Congrats again!Congrats again!dividendgeekhttps://www.blogger.com/profile/09718259575918792951noreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-9449708281629238672018-03-16T02:27:50.408-07:002018-03-16T02:27:50.408-07:00I think it is pretty cool if I did:) I never start...I think it is pretty cool if I did:) I never started a trend before!!!carolinehttps://moneyscrap.comnoreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-18414540076516271142018-03-15T16:43:20.662-07:002018-03-15T16:43:20.662-07:00Very well put Frankie. Decisions are not cast in s...Very well put Frankie. Decisions are not cast in stone. With FIRO I am hoping to work lot more on things I like to do. These jobs might not pay me as well. Fortunately, I am very happy with my job now. I love math.dividendgeekhttps://www.blogger.com/profile/09718259575918792951noreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-60336172426232574792018-03-15T16:41:56.888-07:002018-03-15T16:41:56.888-07:00Hi Caroline, my memory is vague. I have feeling it...Hi Caroline, my memory is vague. I have feeling it was probably from your blog. Congrats! you started a new trend :-)dividendgeekhttps://www.blogger.com/profile/09718259575918792951noreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-74834356291153955512018-03-15T16:41:01.441-07:002018-03-15T16:41:01.441-07:00Thanks DM. To me FIRO is the only option. I wish I...Thanks DM. To me FIRO is the only option. I wish I had started earlier. But, I would probably be bored sitting at home.dividendgeekhttps://www.blogger.com/profile/09718259575918792951noreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-45479934871157780402018-03-14T11:10:09.253-07:002018-03-14T11:10:09.253-07:00FIRO sounds like the way to go DivGeek. Work is a ...FIRO sounds like the way to go DivGeek. Work is a great thing, but having a few more options with the work you choose to do is most important. I generally feel that if your only goal is FI, you should probably focus on making some other changes in your life today first, while you can - unless you're so stuck in a bad situation that FI is the only way to escape! Also depends on the practical aspects of how you want to live your life, whether going hell-for-leather after FI is worth the sacrifice today.<br /><br />Always good to reflect and reassess!Frankie @ Fully Franked Financehttp://fullyfrankedfinance.com/noreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-91665843515549795342018-03-14T10:05:51.417-07:002018-03-14T10:05:51.417-07:00Did I actually start something?? Can any of you le...Did I actually start something?? Can any of you let me know if you saw FIRO anywhere else before I started using it? That would be so cool!<br />I am FIRO 100%:)Carolinehttps://moneyscrap.comnoreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-19886288089120527042018-03-12T21:05:37.972-07:002018-03-12T21:05:37.972-07:00Love FIRO!
I don't want to ever fully retire...Love FIRO! <br /><br />I don't want to ever fully retire. I could def see exiting the corporate world though.<br /><br />Love your new ticker countdown to FI!<br />Damn Millennialhttp://www.damnmillennial.com/noreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-78034418703741291922018-03-12T17:21:00.440-07:002018-03-12T17:21:00.440-07:00Yes! I want the luxury of passive income. But, I c...Yes! I want the luxury of passive income. But, I can do what I want to do .. i.e. teach. I agree with your assessment ....living of passive income is a dream for now. dividendgeekhttps://www.blogger.com/profile/09718259575918792951noreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-77596522082880844242018-03-12T17:19:43.928-07:002018-03-12T17:19:43.928-07:00Thanks TDK. My ROI is conservative at 4.25%. I was...Thanks TDK. My ROI is conservative at 4.25%. I was just mentioning that I would never assume such a high ROI while computing retirement income. But, a lot of states do that for their pension plans.dividendgeekhttps://www.blogger.com/profile/09718259575918792951noreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-62329122831028955962018-03-12T17:18:09.492-07:002018-03-12T17:18:09.492-07:00Thanks TPS. My assumption is conservative its 4.25...Thanks TPS. My assumption is conservative its 4.25% on an average. It is also function of the overall portfolio yield. If the market keeps going and yield goes down ... my ROI goes down. IMO 7% is over aggressive. dividendgeekhttps://www.blogger.com/profile/09718259575918792951noreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-6919897329058920232018-03-12T17:15:41.235-07:002018-03-12T17:15:41.235-07:00For sure. I will probably get bored sitting at hom...For sure. I will probably get bored sitting at home. Teaching is something I want to get into. Math is my favorite subject.dividendgeekhttps://www.blogger.com/profile/09718259575918792951noreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-79353166951209397032018-03-12T17:14:54.658-07:002018-03-12T17:14:54.658-07:00:-) You should aim for FIRE. FIRE has more require...:-) You should aim for FIRE. FIRE has more requirements than FIRO. Then you get to pick between FIRE/FIRO.dividendgeekhttps://www.blogger.com/profile/09718259575918792951noreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-53135042942566029362018-03-12T17:13:51.135-07:002018-03-12T17:13:51.135-07:00The added cushion of passive income is always good...The added cushion of passive income is always good. That's where I want to be :-) Thanks Steve.dividendgeekhttps://www.blogger.com/profile/09718259575918792951noreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-86015141539909779112018-03-12T17:13:01.798-07:002018-03-12T17:13:01.798-07:00Totally makes sense. I would also like to add that...Totally makes sense. I would also like to add that FIRE might not always be possible for everyone. In my case FIRO is the option I have. dividendgeekhttps://www.blogger.com/profile/09718259575918792951noreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-71801206653196360722018-03-12T17:10:27.546-07:002018-03-12T17:10:27.546-07:00Yes! Something we would like doing. I do love my j...Yes! Something we would like doing. I do love my job. But, I would also like to contribute to society. dividendgeekhttps://www.blogger.com/profile/09718259575918792951noreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-19698483071709077682018-03-12T17:09:36.895-07:002018-03-12T17:09:36.895-07:00True. FIRO is a good choice.True. FIRO is a good choice.dividendgeekhttps://www.blogger.com/profile/09718259575918792951noreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-89554950119546465472018-03-12T11:23:50.702-07:002018-03-12T11:23:50.702-07:00Hey DG,
I'm also for FIRO. Working on my term...Hey DG,<br /><br />I'm also for FIRO. Working on my terms and also supplementing with passive income sounds good to me. I don't think I'd have enough passive income to live off anytime soon.<br /><br />Cheers,<br />MiguelMiguel (The Rich Miser)https://www.richmiser.com/noreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-51024774112420300102018-03-12T01:55:08.112-07:002018-03-12T01:55:08.112-07:00Hi Geek,
I didn't know the difference betwee...Hi Geek, <br /><br />I didn't know the difference between FIRO and FIRE before. Sounds interesting to not need to work but yet being optional. <br /><br />It seems to me that 7% annual ROI is a bit too optimistic. With the current bull market, it seems quite right, but over the next 14 years, it seems a bit high. <br /><br />Good luck reaching FIRO<br /><br />The Poor SwissThe Poor Swisshttps://thepoorswiss.comnoreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-53669522442044427182018-03-11T20:44:05.878-07:002018-03-11T20:44:05.878-07:00Hi Geek,
I like you prefer Firo, Me too. I am als...Hi Geek,<br /><br />I like you prefer Firo, Me too. I am also wanting to choose Firo over Fire. Good to know we are on same boat for a long haul. However, I do think 7% ROI is not very conservative, that's pretty much right on money if not bit aggressive, to me. At least my ROI is never been that high so may be for me that doesnt work well but I hope your's perform better :).<br /><br />Good Luck.<br />TDK.The Dividend Karmahttp://www.thedividendkarma.comnoreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-72173790013614530252018-03-11T20:13:24.415-07:002018-03-11T20:13:24.415-07:00Hey geek
Nice. Like you i prefer firo. Retire ear...Hey geek<br /><br />Nice. Like you i prefer firo. Retire early is nice but maybe ill get bored. If i worked a couple hours a day just to get out and do something why not?<br /><br />CheersPassivecanadianhttps://www.blogger.com/profile/08545122695203467535noreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-82192488370221737632018-03-11T19:59:14.777-07:002018-03-11T19:59:14.777-07:00I quite like the idea of FIRO over FIRE as well. I...I quite like the idea of FIRO over FIRE as well. I wouldn't like to completely retire, especially if I like what I do. But maybe trying to work less and play more golf is the way to go.<br />-Money ProfessorMoney Professorhttp://www.moneydegree.comnoreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-14510907410863944362018-03-11T19:55:07.668-07:002018-03-11T19:55:07.668-07:00Hey DG great post. I think depending on your age, ...Hey DG great post. I think depending on your age, FIRO is the way to go. It is really nice having options and being able to do what you want while still having stuff to keep you busy.<br />Stevehttps://pursuingretirement.com/noreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-63490731099584320852018-03-11T08:52:25.969-07:002018-03-11T08:52:25.969-07:00Geek, I agree. I think the key thing we work towar...Geek, I agree. I think the key thing we work towards is options. It is much easier to go to work when you know you don't have to. Having some sort of financial backing will allow us to decide what exactly we WANT to do with our time. Money Hungryhttps://www.blogger.com/profile/13240019123217401985noreply@blogger.comtag:blogger.com,1999:blog-8628657027337942471.post-71820281855162509242018-03-11T06:00:50.789-07:002018-03-11T06:00:50.789-07:00FIRO is definitely the way to go although the defi...FIRO is definitely the way to go although the definition of retiring early is murky. I'd still definitely want to do some sort of work when I'm FI, probably something different than what I'm doing now thought. Time in the Markethttps://www.blogger.com/profile/03753530365994224496noreply@blogger.com