the FIRE's out?

[captainspoke]

https://finance.yahoo.com/news/early-re ... 34409.html

And the comments that follow the article...!

[TokyoWart]

Interesting to consider that Joe Dominguez, the co-author for the "Your Money or Your Life" book that is an early guide to the FIRE movement, retired at age 38 after saving just $70,000 which I believe he largely kept invested in US Treasury securities. He retired in the mid-1970's in the midst of high inflation years, did not have a family to support, and I guess must have supplemented his savings with revenues from his successful book before dying at a young age 58. Seems like these more recent FIRE enthusiasts are not made of as stern a stuff as those early founders.

https://www.librarything.com/author/dominguezjoe

[RetireJapan]

Sam Dogan is a multi-millionaire, and is likely just doing this to get back in the news and sell more copies of his book

The whole article sounds like it was put together by some young journalist who has no idea what they are writing about...

[adamu]

Doused in schadenfreude.

[captainspoke]

Sam Dogan is a multi-millionaire, and is likely just doing this to get back in the news and sell more copies of his book

The whole article sounds like it was put together by some young journalist who has no idea what they are writing about...

One of the comments says that he has $200k/yr in passive income, and that the 'problem' is that he is still living in the bay area.

[beanhead]

And the comments that follow the article...!

Didn't read them all but liked this one:

Anyone retiring at 34 thinking we won't have serious down periods in the stock market isn't smart enough to retire.