Blake | PathwayToFI

💰 Financial Independence (FI) Educator 🚀 Former chief engineer 📈 FI at 36 🏘️ Real estate & index fund investor 🏔️ 💡 Not Advice

[Blake | PathwayToFI @PathwayToFI]

Many people’s definition of success:
- $1,500,000 house 🏠
- $150,000 car 🚘
- $150,000 boat 🛳️
- $10,000 ring 💍
- $2,000 suit🤵‍♂️

My definition of (financial) success:
- $1,000,000 401k 💰
- $250,000 Roth 💵
- $100,000 HSA 🏥
- $0 car payment 🚗
- $0 mortgage 🏡

What are you working toward?

[Blake | PathwayToFI @PathwayToFI]

Can You Really Get a 6% Safe Withdrawal Rate in Retirement?

I'm excited to announce a FREE 1-hour webinar on April 24th, where I'll be discussing construction of the Descent portfolio, which has historically achieved a safe withdrawal rate (SWR) of over 6%.

[Blake | PathwayToFI @PathwayToFI]

Register here to watch and ask questions LIVE:
https://t.co/XPKV5FgIia

[Blake | PathwayToFI @PathwayToFI]

Can You Really Get a 6% Safe Withdrawal Rate in Retirement?

I'm excited to announce a FREE 1-hour webinar on April 24th, where I'll be discussing construction of the Descent portfolio, which has historically achieved a safe withdrawal rate (SWR) of over 6%.

[Blake | PathwayToFI @PathwayToFI]

What about the 4% "rule" that everyone talks about? Can you really do BETTER?!

How much can we rely on past data to set our future withdrawal rates?

We'll be discussing these questions and more this Thursday at 2pm ET.

[Blake | PathwayToFI @PathwayToFI]

I started my social media journey while on sabbatical.

Now I’m taking a sabbatical from social media.

Stepping back to focus on what truly matters—just as I’ve encouraged here for the past 2.5 years.

See you on the other side. 👋

[Blake | PathwayToFI @PathwayToFI]

Pay off high interest debt immediately!

It’s a 100% guaranteed return.

Better than any investment.

[Blake | PathwayToFI @PathwayToFI]

It’s much easier to look smart because you bought

than to look smart because you sold.

[Blake | PathwayToFI @PathwayToFI]

@Invested_In_You I’ve always held international in my portfolio.

Hasn’t worked out yet for me, but I’m convinced it will some day.

[Blake | PathwayToFI @PathwayToFI]

@Invested_In_You Even better!

[Blake | PathwayToFI @PathwayToFI]

Pay off high interest debt immediately!

It’s a 100% guaranteed return.

Better than any investment.

[Blake | PathwayToFI @PathwayToFI]

The typical American has to earn $150 for every $100 in extra spending! 💰

Why?

They pay ~33% in taxes for every additional dollar they earn:
• 22% federal tax
• 7.65% payroll tax (SS + Medicare)
• ~4% state tax (wide variation by state)

$150 x 33% = $50 in taxes
$150 - $50 = $100 to spend

[Blake | PathwayToFI @PathwayToFI]

Someone needs to hear this:

Money is not life.

Life is not money.

[Blake | PathwayToFI @PathwayToFI]

@AdultingIsEasy Asset, yes.

Profit producing asset, no.

Expense offsetting asset, yes.

[Blake | PathwayToFI @PathwayToFI]

@Invested_In_You That’s a big mistake for first-time home buyers: Underestimating the total cost of homeownership.

It’s not as simple as replacing a rent payment with an equal-sized mortgage payment.

[Blake | PathwayToFI @PathwayToFI]

@lindsaystamp3 Believing you can do it is the first step to success.

[Blake | PathwayToFI @PathwayToFI]

@lindsaystamp3 Not a bad problem to have at the same time. 😀

[Blake | PathwayToFI @PathwayToFI]

The typical American has to earn $150 for every $100 in extra spending! 💰

Why?

They pay ~33% in taxes for every additional dollar they earn:
• 22% federal tax
• 7.65% payroll tax (SS + Medicare)
• ~4% state tax (wide variation by state)

$150 x 33% = $50 in taxes
$150 - $50 = $100 to spend

[Blake | PathwayToFI @PathwayToFI]

Happiness does not come from obtaining more.

It comes when you’ve concluded that you already have everything you need.

[Blake | PathwayToFI @PathwayToFI]

@CmgVenture

[Blake | PathwayToFI @PathwayToFI]

Happiness does not come from obtaining more.

It comes when you’ve concluded that you already have everything you need.

[Blake | PathwayToFI @PathwayToFI]

@itsthewealth4me There’s no such thing as overnight success.

What seems to happen overnight is the compound effect of many small advances.