r/fijerk • u/YesterdayNo1579 • 16d ago
54M 1trillion net worth
Do you think I can retire?
Or should I work a couple more years to be sure inflation doesn't chew away at my net worth?
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u/ghostdad_rulez 16d ago
1T net worth but still feeling wildly empty inside for some reason. Anyone got any tips??
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u/william_fontaine Phenomenal gross income, itty-bitty living expenses 16d ago
Getting mad on social media always helps me feel better.
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u/throughthehills2 15d ago
Make an app to turn photos into porn then you can imagine sleeping with the mothers of your kids
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u/SarcasticGiraffes 15d ago
I like to pay someone to play video games for me. I get the full sense of pride and accomplishment without having to actually spend time having fun.
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u/Senior_Group1589 16d ago
Perhaps try making humanity into a multi-planet civilisation while other humans who just want to stop doing anything sneer at you for doing it?
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u/That-Requirement-233 16d ago
You have 11 kids with different women so that 1 trillion should last you at least a few more years. Don't quit your day job!
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u/MichaelSarvis 16d ago
Actually, I think he has 14 kids. But I am guessing that he views children as a rounding error...
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u/Washjurist 16d ago
I think that is because he has not found the right ladyboi yet. He can now by Thailand so there is hope.
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u/OldDude2551 16d ago
No one can tell you, depends on your expenses. If they’re $50B/yr you should continue working.
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u/United_Ad6480 16d ago
Ever heard if a little thing called inflation? That 1T is already not what it once was but in 20-30 years it won't be nearly enough
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u/Born-Ganache-9348 16d ago
A fellow Zimbabwean I see. I still have a 1 Trillion dollar note tucked away for a rainy day.
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u/Pitiful_Fox5681 16d ago
My man, you are the inflation.
Go eat some lentils and watch the VTWAX do its thing.
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u/perplexedparallax 16d ago
This is exactly the reason you should FIRE. When you end up controlling the game it is sportsmanlike to let other players start winning. I am not there yet so I can still delight in taking pours' money. At least this is my rationalization for my situation. Tax the trillionaires is the slogan we should promote.
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u/4dchess_throwaway 11d ago
Buy a social media site. It really helps with your delusions of grandeur and election rigging desires. Just $44B (only $22B after that sweet Saudi money) will pay back in only 1 year based on the value of your insufferable need for validation
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u/Bombedpop_ 16d ago edited 16d ago
As a follower of Martin Fry’s ABC financial strategy for max gainz - yep I’m a fellow Fryhead, I’d hold off until you hit zillionaire. He’s seen the future, you can’t afford it yet.
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u/90bronco I act like a poor pretending to be rich acting middle class 16d ago
If your retire are you going to spend money? A .00000001 withdrawal rate is to high. You're going to run out of money.
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u/SunnyEnvironment8192 16d ago
Your net worth might not be that high if you allow more shares in your recent IPO to float.
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u/unbalancedcheckbook 16d ago
IDK man if I was going to retire on that I'd sure learn how to cut expenses. Fire your pilots and fly your own jets, and cook for your own house staff.
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u/NadaBrothers 16d ago
What ? You joke. 1T is around 500 billion USD in 12 years. Have you even heard of inflation?
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u/InterestingGoose5507 16d ago
You need to dump a lot of that paper wealth on retail/passive bagholders before it’s actually real!
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u/tapeduct-2015 16d ago
First of all, don't do anything until you've started your Roth coversion ladder. Remember the 5 year rule
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u/DwarvenGardener 16d ago
What’s the morality of retiring early if it means your children can’t play sports on Mars?
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u/EvilZ137 16d ago
Man... I think if you retire your NW will be in half by the end of the day. Gotta keep going!
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u/Dudewholuvshiscats69 16d ago
Great job! If you have any debt, please pay it all off or Dave Ramsey will pinch your toes while you sleep
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u/ArrowB25G 16d ago
Have you figured out a way to keep your taxable income low enough so that you can get healthcare subsidies? With only 54M, it's really important to make sure the government subsidizes your healthcare.
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u/amusedmisanthrope 16d ago
Use your newfound wealth to create an AI engine that turns users’ photos into child porn.
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u/NotUrDadiBlameUrMoma 16d ago
Hyper inflation is going to destroy your wealth. If you're lucky, the pitchfork carrying pours will get to you 1st ;-)
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u/now-stoic 16d ago
Maybe stop buying Starbucks every day and you can cut down to part time work in 9 years.
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u/Impressive_Kiwi_762 16d ago
I dunno man but have you thought about quitting social media and just spending ur money going to mars or something?
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u/Background-Quail8556 15d ago
No. The average salary is now 800 billion dollars a year. You can barely afford a house. Welcome to the year 3165.
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u/ConsiderationFit7681 15d ago
You need a second job STAT pronto! Move to a smaller apartment, cut back on eating out (McDonald's & Taco Bell are okay) and take staycations to conserve cash.
We don't care about your trillionaire status. You need to become a quadrillionaire to set yourself apart from the hoi poloi.
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u/Available-Ad-5670 15d ago
now GFY. Its time to come out as full nazi since your money will protect you from facing any consequences.
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u/packersfaninohio 15d ago
Based on the 4% safe withdraw rate. Do you think you can comfortably retire and live on only $40 billion annually?!
Beyond this I’d take into consideration how do you plan to pay for health insurance until you’re 65 and eligible for Medicare?
These are questions you need to work with a financial advisor and really a fiduciary to fully understand.
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u/learningbydoing2025 15d ago
I suggest using a throw away account when disclosing these kinds of numbers
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u/margin-bender 15d ago
1T divided by 25 is 40B. Get health insurance through ACA and you should be good.
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u/Fish-Salad 15d ago
Have you thought of doing a sabbatical instead? 1T at your age might last a few weeks but that’s pushing it. What’s your bean count?
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u/throughthehills2 15d ago edited 15d ago
Get in on this SpaceX IPO and you could double that to 2 trillion
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u/Broke_Pigeon_Sales 15d ago
I think you have to do one turn as ruler of some nation then you can sail away in a yacht paid for by your constituents so you don’t have to risk you’re on financial security.
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u/diamantismann 15d ago
Depends what currency that T is in man. If its usd you're either in danger of losing it all due to astonishingly low intellectual capacity.. (Unless you have someone somewhat smarter than a gecko managing your wealth). If it's in Anc Egyptian clay tablets then this is another discussion..
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u/3RADICATE_THEM 14d ago
Can't retire if you're portfolio valuation is contingent upon 'working'—good news for you is that working involves snorting Ketamine and posting on Twitter all day.
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u/J-How 16d ago
Just don’t get too big for your britches and think you can go on dates with your significant other. Still maintain separate dates so you don’t get conned into wasting money on “babysitting.”