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vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

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Venkatesh Rao

@vgr

Conversational account. For work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian. IKEA builder.

Los Angeles, CA
venkateshrao.com
Joined August 2007

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    Venkatesh Rao‏ @vgr Jan 26
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    Was doing my annual review of retirement savings shit, and for a lark, actually worked out my FU$ number... came out surprisingly close to $4 million, which was my guess. With that, I could retire now under fragile-nominal assumptions.

    12:39 PM - 26 Jan 2020
    • 1 Retweet
    • 27 Likes
    • quavious le fou 오메르 portalnyc तुम्हारा, सागर । 🌨 Pat Larsen Jonathan Otto Jeremy Giffon K
    9 replies 1 retweet 27 likes
      1. New conversation
      2. Venkatesh Rao‏ @vgr Jan 26
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        Also I think I just figured out the right way to actually model retirement in 2020, taking in to account both personal circumstances uncertainty and societal uncertainty. Needs 3x work to model in my spreadsheet though. 😕 Still I have ballpark figured out. Bounding boxes ftw.

        2 replies 0 retweets 11 likes
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      3. Venkatesh Rao‏ @vgr Jan 26
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        Anyone wanna buy the ribbonfarm media empire for $4mm? 🤑 Nobody? Bueller? Hello? I suspect if I were serious I could sell it for like 50k optimistically.

        4 replies 1 retweet 14 likes
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      4. End of conversation
      1. New conversation
      2. Pat Larsen‏ @PatrickLarsen Jan 26
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        Replying to @vgr

        Mine is close to that too

        1 reply 0 retweets 1 like
      3. Pat Larsen‏ @PatrickLarsen Jan 26
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        Replying to @PatrickLarsen @vgr

        I’m also open to moving to Japan (not in Tokyo) for lower cost of living. Not that interested in Latam or SEA as my kids are bilingual/cultural - US/Japan. But I might also just do startups for 10-15 more years. Dunno

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Saurabh Sharma‏ @iam100rabhs Jan 26
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        Replying to @vgr

        Thats really a great amount

        0 replies 0 retweets 1 like
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      1. Saurabh Sharma‏ @iam100rabhs Jan 26
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        Replying to @vgr

        What are key things that worked for you financially

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. Carlos Bueno‏ @Archivd Jan 26
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        Replying to @vgr

        That seems high unless you are assuming a low “safe” withdrawal rate, like 2%.

        1 reply 0 retweets 1 like
      3. Venkatesh Rao‏ @vgr Jan 26
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        Replying to @Archivd

        Standard retirement calculator settings but without assuming social security income

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Subrahmanyam KVJ‏Verified account @SuB8u Jan 26
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        Replying to @vgr

        I’d do with a quarter of that😜

        0 replies 0 retweets 0 likes
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      2. Sidu Ponnappa‏ @ponnappa Jan 27
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        Replying to @vgr

        My computation for a couple retiring in the more expensive parts of the developed world (SG, London, Bay Area) with one child's education and post-retirement healthcare for the couple and both sets of parents was ~$10M.

        1 reply 0 retweets 4 likes
      3. Sidu Ponnappa‏ @ponnappa Jan 27
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        Replying to @ponnappa @vgr

        Of course this is with the (paranoid?) assumption that there is no reliance on govt for healthcare - all healthcare will be covered privately.

        0 replies 0 retweets 2 likes
      4. End of conversation

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