Hairy’s main concerns, in their own words:
I’m 27 year old CPA living and working in Manhattan. My main short-term, mid-term, and long-term goal is financial independence.
My net worth just crossed the $100k mark and the only debt I have is $7,500 of student loans that I’m slow paying due to 3% rate. My income just crossed the $100k mark as well, and I’m able to keep my expenses down by being somewhat frugal and living with two roommates.
I have gotten my expenses down to a level I feel comfortable with and everything I make over this amount gets plowed into maxing out 401k, IRA, and HSA and what’s left over gets put into my Vanguard brokerage account. Unlike many people my age, I have no interest in buying a house in the near future, and know renting is key for me and will assist in my path to FI.
I’ve currently calculated that I will become financial independent before my 40th birthday, and would like someone to poke holes in my plan. Thanks in advance for your consideration.
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