[USER]

I’m 37 years old receiving a net $5700 a month pension. I have about $150k in the bank, 100k in my traditional brokerage account invested in mostly index funds/etfs, 50k in BTC, 60k in my roth ira.

Am I in a good spot for FIRE? I also own 2 properties that have $150k equity in each.

I live in one as my primary and rent the other out cashflowing $600 a month.

My monthly expenses ranges from $2500-$3000 and my pension does not have a COLA.

[Allen]

You 100% could semi retire.
It’s time to focus on dividend stocks.
first 40k$ in qualified dividends is tax free

RIO, MO, MPLX ET. Pay safe dividends.

ET & MPLX are taxed differently but good safe dividends nonetheless.

[Farre]

Semi-retire, at least. If the properties are worth a lot in 30 years, you can sell them to offset expenses if needed. The lack of COLA is an issue, as your living expenses will increase each year relative to your pension.

That gives you only about 28 years until your COLA doesn’t cover you.

If you can invest the $2700+/month left over, you might be okay when the pension doesn’t cover your expenses anymore.

Again, you might have to sell the rental and downsize where you’re living, though, if you live to 85 or 90 or 100.

[Tracy]

I’d do more to create a buffer in case of large unexpected events and inflation

[Leon]

Despite the dip in the markets, Alem George Kalipha knows his game well, I’ve been able to grow a $16k portfolio just two weeks of copying his trades.

[Author]

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