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Year 2 of The New Grad FAANG Engineer's Path to FIRE

andrenader.substack.com · 904 words · saved by 1 readers

Part 3 of following a new grads career on the path towards early retirement

Welcome to Part 3 of our fictional FAANG engineer’s path to FIRE. Be sure to read through part 1 which includes a lot of the set up and assumptions made as well as Part 2 which goes deep into Jane’s first year. Here is where Year 1 left Jane: $51,645 Total Net Worth Maxed out 401k ($19,500 + $2,928 match) Maxed out Roth IRA ($6,000) $14,078 into After-Tax 401k contribution which was rolled into the Roth (this is out of a max $27,500 potential contribution the FB plan allows) $139 in a taxable broker $9,000 Checking & Emergency Fund Calendar Year 2 (2022) will be Jane’s first full…

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