tag:blogger.com,1999:blog-2875915890415125655.post7086498378164742514..comments2023-05-18T10:37:34.608+01:00Comments on <a href="http://www.retirementinvestingtoday.com">Retirement Investing Today</a>: 2016 In Review, Back to Plan ARetirementInvestingTodayhttp://www.blogger.com/profile/03088383743670046657noreply@blogger.comBlogger39125tag:blogger.com,1999:blog-2875915890415125655.post-60075403298426360972017-03-06T08:28:44.961+00:002017-03-06T08:28:44.961+00:00Amazing progress over the years well done... I hop...Amazing progress over the years well done... I hope I'll have the same debate with myself in 5 years: whether I'm mentally prepared or not.<br /><br />It's a good "problem" to have! Given that Mediterranean prices will bring early retirement earlier than expected, I also need to start considering exchange rates, buying abroad (Greece) etc. How hard was it for you to Michael from FoxyMonkeyhttps://foxymonkey.com/noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-73418925931508487282017-02-16T18:49:24.314+00:002017-02-16T18:49:24.314+00:00What was your average & top income to reach £1...What was your average & top income to reach £1m though? :oMikenoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-44248723573036346562017-02-04T16:13:14.414+00:002017-02-04T16:13:14.414+00:00Dear RIT,
would just like to endorse all of the po...Dear RIT,<br />would just like to endorse all of the positive comments above. As a passive weekend follower of this FIRE site plus a few others, your articles provide much interest, invaluable information, and reassurance to myself, and i suspect to many other relatively 'silent' followers as well.<br />Hopefully your journey has a way to go, and you will continue to capture and share it Kid Cocoanoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-25491798100505213652017-02-03T21:02:25.473+00:002017-02-03T21:02:25.473+00:00And a tough decision that will be.
I am under the...And a tough decision that will be.<br /><br />I am under the impression that the UK is rather investor-friendly, with the first X amount of dividends not even being taxed, and tax-exempt investment accounts, etc. Neither Cyprus nor Spain have any of that I think, so my guess is that one would be paying more tax overall.<br /><br />Where do you go to work out the tax implications of your Peternoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-18083184694299871802017-02-01T20:17:26.446+00:002017-02-01T20:17:26.446+00:00Hi Peter
I'm not going to avoid paying taxes i...Hi Peter<br />I'm not going to avoid paying taxes in Cyprus or Spain. I intend to become resident in my country of choice, integrate and pay my fair share. Cyprus will yield lower taxes than Spain and that's one of the many pro's/con's that need to be worked through before the final decision.<br />Cheers<br />RITRetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-45533844853517349512017-02-01T18:11:34.429+00:002017-02-01T18:11:34.429+00:00Congratulations! Good work.
I do wonder about you...Congratulations! Good work.<br /><br />I do wonder about your residency. You seem to assume that you can chose where you reside (and hence, will be paying taxes on most of your worldwide income), but I'm not so sure that's the case? For instance, Spain will consider anyone as resident as soon as you live in the country at lease 6 months + 1 day per year.<br /><br />Assuming that Cyprus Peternoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-74859119347736735492017-01-29T20:57:46.243+00:002017-01-29T20:57:46.243+00:00Thanks for the returns details. With compound grow...Thanks for the returns details. With compound growth about 1.3% per annum ahead of the FTSE All Share, and at a standard deviation (volatility) of nearly half of that index, I think you succeeded. DAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-30884611718108911102017-01-29T12:34:59.148+00:002017-01-29T12:34:59.148+00:002008 -13.6%
2009 22.2%
2010 14.1%
2011 2.6%
2012 1...2008 -13.6%<br />2009 22.2%<br />2010 14.1%<br />2011 2.6%<br />2012 12.6%<br />2013 5.3%<br />2014 5.4%<br />2015 0.9%<br />2016 16.8%<br /><br />There are bloggers out there who have done better and some who have achieved it with leverage. My journey only ever required average returns of a real 4% which meant I could run a balanced reasonably conservative portfolio. It was largely about RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-4436669539204001612017-01-29T12:30:02.733+00:002017-01-29T12:30:02.733+00:00Hi Federico
I don't think there are fiscal adv...Hi Federico<br />I don't think there are fiscal advantages as my strategy is all about a Safe Withdrawal Rate and whether that comes from capital or dividends in theory shouldn't matter. The fact that I've chosen a withdrawal rate of 2.5% (vs the often quoted 4% rule) certainly makes living off just the dividends a possibility though.RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-57484038191445847072017-01-29T12:27:06.608+00:002017-01-29T12:27:06.608+00:00Hi vicarage
I use Blogger. The Sites I Read is ju...Hi vicarage<br />I use Blogger. The Sites I Read is just a free plug-in.RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-76121532670117763522017-01-28T21:52:07.291+00:002017-01-28T21:52:07.291+00:00I would ignore that two star review on amazon. You...I would ignore that two star review on amazon. Your blog and book is interesting to those on the same or a similar path.<br /><br />I'm interested in your investment returns, which based on your graph and your stated compound growth rate of 6.9% appear to be: <br /><br />2008 -16.40 <br />2009 25.00 <br />2010 15.00 <br />2011 2.50 <br />2012 13.50 <br />2013 5.00 <br />2014 5.40 <br />2015 Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-59341934502688437692017-01-28T15:19:14.778+00:002017-01-28T15:19:14.778+00:00Hi stringvest
There seem to be 2 main blogging pl...Hi stringvest<br /><br />There seem to be 2 main blogging platforms out there - WordPress and Blogger. I use Blogger which is owned by Google.<br /><br />How secure is my site? I honestly don't know but to my knowledge since starting the site in 2009 I haven't been hacked. In a world where corporations with large IT teams can be hacked I guess if somebody really wanted to they might beRetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-29122447017081040672017-01-25T17:33:53.825+00:002017-01-25T17:33:53.825+00:00Unless your real name is 'Mr Stringvest', ...Unless your real name is 'Mr Stringvest', I shouldn't think you'll have anything to worry about! Just don't actually name the company you work for!weeniehttps://www.blogger.com/profile/01602950445306813601noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-51588855992188574412017-01-25T15:02:57.585+00:002017-01-25T15:02:57.585+00:00Hi RIT, I am in a position not too dissimilar from...Hi RIT, I am in a position not too dissimilar from yours and plan to RE in September. <br /><br />I am particularly curious about your decision to live off dividends. <br /><br />I can see big psychological advantages to it (no need to sell shares, so your income generating machine stays nominally intact). <br /><br />I guess there are also fiscal/frictional advantages to it - is this behind yourFedericonoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-41744135605684217242017-01-24T23:11:00.930+00:002017-01-24T23:11:00.930+00:00Well done! Ignore the haters and keep us posted!Well done! Ignore the haters and keep us posted!Willynoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-44631993463258551192017-01-24T22:05:45.644+00:002017-01-24T22:05:45.644+00:00Thanks for the info. I have a similar monthly groc...Thanks for the info. I have a similar monthly grocery spend, although I feel it could be lower. As for my story, there's not much to tell really. I basically worked non-stop from leaving school to where I am now (46) and just spent less than I earned and avoided debt like the plague. I'm sure if I'd been more focused/smart or known about FIRE sooner I could have quit much earlier. I GHihttps://www.blogger.com/profile/07930538320916007704noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-49985615165719114552017-01-24T15:07:46.800+00:002017-01-24T15:07:46.800+00:00Hi, I'd like to chime in with what others have...Hi, I'd like to chime in with what others have said that, essentially screw the haters and please keep posting on post-FIRE life as it is an inspiration to those of us still striving, not to mention an education in practical aspects.<br /><br />I am still pondering whether to start my own blog with my own strategy and lessons learned so far, but cannot hope to put in anything like the effortAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-62265644784790734922017-01-24T12:33:22.056+00:002017-01-24T12:33:22.056+00:00Hi RIT,
Thank you for your response - you have be...Hi RIT,<br /><br />Thank you for your response - you have been very honest ( well- I assume you have ! ) and revealed a lot . I wanted to respond by revealing more about my own position and wrote a reply - but could not bring myself to send it due to my concern about the security of your site . Basically - I did not want to reveal too much about my own financial position . Am I worrying stringvestnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-76414096616153792172017-01-23T10:29:37.776+00:002017-01-23T10:29:37.776+00:00I miss that on Firestarter's blog too - chance...I miss that on Firestarter's blog too - chances are that he's finally updated his Wordpress and the blogroll plugin which he was using (which I once used) is no longer supported by the new version so it doesn't work any more. weeniehttps://www.blogger.com/profile/01602950445306813601noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-54389238381804848952017-01-23T10:15:46.473+00:002017-01-23T10:15:46.473+00:00BTW, what blogging platform do you use? I'm ra...BTW, what blogging platform do you use? I'm rather envious of the "Sites I Read" sidebar with its date sorted list of other blogs. Firestarter used to have one, but its stopped working.vicaragehttps://www.blogger.com/profile/13615013686081830604noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-82221603997444513292017-01-22T16:29:43.649+00:002017-01-22T16:29:43.649+00:00Of course we'd like to know how are things pos...Of course we'd like to know how are things post-FIRE!!!Dalamarhttps://www.blogger.com/profile/14262037701162440486noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-18896762136332754972017-01-22T12:52:53.059+00:002017-01-22T12:52:53.059+00:00Congratulations on an amazing year, RIT - well don...Congratulations on an amazing year, RIT - well done! <br /><br />I hope you can ignore the haters, or at least have a laugh at them! That review definitely came from someone suffering from green-eyed monster syndrome. I'd love to read his/her blog to see what they would do differently from you to achieve success but of course, haters prefer to hide behind their anonymity, glass houses and allweeniehttps://www.blogger.com/profile/01602950445306813601noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-53575615454095985842017-01-22T10:29:52.201+00:002017-01-22T10:29:52.201+00:00Interesting questions stringvest. I do share more...Interesting questions stringvest. I do share more about myself in my book and hopefully this quote taken from it explains my situation in late 2007 (age 35) - "So there I was in a share house in east London, with a small amount of wealth, seeing globalisation up close and personal, starting to think that globalisation would also have my job within 10 years but also thinking if I gave my RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-60006339107124638322017-01-22T09:53:58.546+00:002017-01-22T09:53:58.546+00:00RIT,
A question. At what stage of your life did t...RIT,<br /><br />A question. At what stage of your life did the burning desire to retire early grow on you ? Was your decision affected by the type of work that you do ? or the people and organisation that you worked with ? If you had ended up do a completely different type of work would you have been as driven to FIRE as you undoubtedly have been ? You are clearly very capable, determined and stringvestnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-2343920634942851382017-01-22T09:48:25.188+00:002017-01-22T09:48:25.188+00:00@Borderer
Many congratulations on the upcoming FIR...@Borderer<br />Many congratulations on the upcoming FIRE! Would love to hear your story?<br /><br />@David, @Sid, @Borderer<br />Many thanks for the hat-tips. People like your good selves are exactly why I keep posting. I understand haters are gonna hate but when you've had a rough day and then receive it your head can dip for a second. I have a pretty strong constitution so I can't RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.com