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karpintero

@ karpintero @lemmy.world

Posts
0
Comments
155
Joined
3 yr. ago

  • What have you been working on lately?

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  • Been slowly working on a dining room chair, the first in a set of 5. Frame is mostly done, just need to make the slip seat and finish it. I'm new to upholstery so I bought a few instructional videos (Mike Mascelli ftw) and tools, we'll see how it goes.

    Other than that, been working on some more bluegrass songs on the mandolin and setting up my workshop (constant work in progress).

  • TIL that I18n is Internationalization, and why

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  • Kubernetes has one too, K8s

  • How much do you need to retire early?

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  • As others have mentioned, the common guidance is to figure out your annual expenses, i.e how much you need to live off of, and divide that by safe withdrawal rate (typically ~4% based on the Trinity study) to come up with a total amount needed to retire early. So for example, if you determine you need $60k/year, the formula would suggest saving $1.5M (60,000 ÷ 0.04 = 1.5M).

    The basic idea is save a big enough nest egg so that you can live solely off interest, meaning you never touch the principal and your account grows in perpetuity.

    The hard part is two-fold IMO:

    1. Estimating your average annual expenses is difficult due to lots of variables, e.g.

    • Health care costs vary greatly (if you don't have access to public healthcare depending on your country) and tend to increase with age

    • Housing costs are situational and can either decrease (if you own your own home and payoff your mortgage) or increase if you rent or have to move/refinance/etc.

    • Your family size may change. Kids can greatly throw off projections. Taking care of elderly parents. Having a partner start or stop working. All these things can impact your assumptions. Therefore, it's usually good to add some buffer.
    • Inflation should also be accounted for. This can be difficult to project for the remainder of your life, so some tend to just look at historical inflation, but there's no guarantee the future will follow the same trend. Same for lifestyle creep, but that's (usually) more controllable.

    1. How to choose what investments will allow you to earn a return in excess of your withdrawal rate. For example, if you're withdrawing 4%, you need your investments to earn a higher rate than that to avoid having to dip into your principal.

    • The common guidance (from say Buffet, Bolgeheads, etc.) for most people is to invest in low-cost index funds (availability depends on your country). I emphasize "low-cost" because there was another study that showed the only sure-fire predictor of alpha (performance above a certain benchmark, like the S&P 500 if you're in the US) is the having low management fees. Historically, this should return anywhere from 5-10% but again past performance is not indicative of future returns.

    • While you're young and have more time in the market, you genreally want to invest in higher risk/higher reward type investments. Idea being you benefit from higher returns while having more time to weather downturns. Then as you age, you can shift towards lower risk/lower reward investments, like bonds, so you're not as exposed to market fluctuations.

    One last thought, there are also variations of FIRE, like Barista FiRE, Coast FIRE, where you don't have to completely stop working but are financially independent so you can choose where/how hard to work.

    Good luck,

  • Linux, FOSS, and whatever else makes me happy in my homelab

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  • That's awesome, have something similar but for national parks. Are you cutting them with a vinyl cutter?

  • How we make wood shingles; The best shingle making duo!

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  • That's pretty cool. When I built my storage and garden sheds, I looked into shingling them with wood, like cedar shakes, but couldn't find any readily available. If only I had access to a mill!

  • If you have one, how much do you pay for a domain name? Any cheap registrar recommendations?

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  • Do you play an instrument? If so, which one(s) and how proficently?

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  • Picked up the mandolin for bluegrass last year. My local jam has mostly guitar players so wanted to try out a different sound. Played a bit of guitar before that but lately it's been all mando.

  • The doors have all been locked.

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  • "see you all at the next one!"

  • Wrestling "moves" for a toddler?

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  • Also have some fuzzy memories of finishing moves from playing video games:

    Mandible claw (Mr. Socko)

    Torture Rack

    Jacknife Power Bomb

    Sweet chin music (stomps)

    The Spear

    Rock Bottom

    F5

    Attitude Adjustment

  • "Smoking Behind the Supermarket With You" New Teaser Visual and PV, July Debut

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  • The manga is great. It's a slow burn, pun half intended

  • Anyone else about ready to give up on tech?

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  • I started buying physical media again (in addition to data hoarding) because I don't like the idea of just "renting" everything and having some company decide to remove media from their catalog at any point.

    Been buying books, manga, Blu-rays, DVDs, CDs, and records so I can enjoy things without the internet.

    Hate the that AI is being shoved into everything as well without any ability to opt out. I'd rather just avoid using your product completely if that's the case.

  • Barker Dam Loop, Joshua Tree National Park, California

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  • Awesome, love seeing the snowcapped mountains juxtaposed against the desert scenery

  • Whats a good book about things or life not going your way?

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  • The Corrections by Jonathan Franzen features a pretty dysfunctional family and has some funny bits.

    Infinite Jest by David Foster Wallace is probably one of my favorite novels and has both a dysfunctional family and characters living in a halfway house. It's main motif is addiction, be it to entertainment or substance. However, at a over 1000 pages and with a non-linear plot, it might require some persistence to get through.

  • Deleted

    Permanently Deleted

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  • China's CATL turns to powering electric ships, tapping EV battery know-how

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  • Heavy rain, gusty winds hit Southern California; evac warnings for burn areas

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  • Winter 2026 Anime Season Kickoff and General Discussion Thread [2026, Week 02]

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  • Excited for fate/strange Fake and JJK. I need to catch up on Frieren, keep hearing it's great.

  • At what point is liking childrens toys sad?

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  • "People that mind don't matter and people who matter don't mind". Do what makes you happy, life is short and we get one shot at it.

    Personally I love nostalgic stuff. 80s/90s stuff rocks.

  • Hello, We're Firefox

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  • Loved Waterfox's response. Downloaded it and set it as default browser. Absolutely do not want AI, just give me a good browser.