Die With Zero–FI/RE, the YOLO edition

I picked up a copy of Die With Zero, H/T Monevator, and it was a pleasant read over about half a day. The TL/DR summary is that we are doing this FI/RE stuff all wrong, and should start spending more earlier.

I certainly found the book worth the Amazon Kindle price-tag (£7), and I have occasionally wondered if I should be spending more. DWZ’s takeaway is a resounding Hell Yeah, and it’s certainly a different way of looking at things from your normal FI/RE trajectory – eat rice and beans while working in the City/IT Big Cheese/well paid job and quit at 45.

Some things I have already got right – retiring in my early fifties and not working at any significant level is very DWZ. I’d really like to be able to say that was a carefully planned strategy marshalling all my resources from the previous 20 years, but it wasn’t. Learn well from the error of my ways, young fellow Winking smile

There’s an app for that

I was unable to get his app to work properly, in the sense of giving me useful insights, though it seemed to function serviceably1.

It didn’t like a lot of things about me. For starters it can’t process someone who retired nine years ago. Computer sez WTF?

Screenshot_2021-05-11 DIE WITH ZERO

HAL9000 –> Ermine, I can’t do that

so it’s one for all you pre-FIRE-ees out there. So I decided to start hacking. I pretended that I want to retire in a year from now, I have an income of my pension, and I get 100% of that in future. After all, a DB pension is an annuity, innit. Continue reading “Die With Zero–FI/RE, the YOLO edition”