The more diesel talks about his thoughts on retirement, the more he needs to double his daily cigar intake and eat even more dollar store hotdogs/sausage, so he can adios from this cruel, miserable world filled with stupid but rich retirees over the age of 59.

Rice is such a balla. The 2 most extravagant expenditures of his life was a $100 dinner at a steakhouse and $350 for a hotel room (for 3 nights)

My most expensive restaurant meal is more than that hotel room cost for 3 nights and my most expensive hotel room was 4 figures per night. And I don't even think that's too ridiculous if we are talking most extravagant expenditures of all time.

I tried explaining this to Diesel a few times 2 years ago before he emptied out his Roth IRA, paid a ton of taxes, and then blocked me from his YouTube comments. Hilarious how he still doesn’t get the point.

If you are going to retire at age 45, and live until age 80, you can have some of your retirement assets in taxable accounts that will carry you from 45-60, and then have some of your money in non-tax (Roth) accounts to pay for expenses post-60 (plus Social Security etc will kick in). You spend down the taxable stuff first and then withdraw the tax-advantaged funds.

Withdrawing whatever measly money Diesel had saved up into his Roth by the time he was 30 early and paying tax on it might be one of the most insanely boneheaded Diesel financial moves of this journey. He could have just put all new savings into a taxable account and kept his Roth $$ for post-60 living.

In addition to the early withdrawal penalties you pay on Roth IRA distributions before turning age 59.5

We should be thanking diesel, as a bum he pays more in taxes than any homeless person ever has and the best part is he thinks he’s a genius for paying it. He also seems to be getting dumber, less coherent, and more out of breath by the week, next year he will just be saying promo grinding stats as fast as possible on a YouTube live stream every morning until he faints.

Yeah Diesel seems to view it as an all or nothing. Like the idea that people wouldn't have various buckets of savings for different purposes and stages in their life doesn't occur to him. The fascination of Diesel is he is so confident about things that are just clearly wrong. He also speaks quite confidently and articulatly so dumb people will be taken in by that without questioning the content of what he said

I haven't posted here in over six months and decided to skip around and peruse a few pages to see what has been happening here since then, but as I went through page after page, it was all basically the same thing over and over again. Only some of the names have changed, lol. You guys are hilarious. Do you actually type out the same posts day after day, or do you have them saved and just C&P the same sht over and over? No matter what page I landed on as I skipped around to get somewhat current, I came across the same posters with the same "thoughts" about the same poker players (and now apparently, candy makers).

And some of you aren't content to just watch and comment on these 2-3 youtubers, you also read and post to their comment sections, follow them on twitter and IG, research their GFs and families, and even research and report on cottage industry laws. Wow. And then these same people have the audacity to question the psychological profiles of the youtubers they are posting about. LOL.

Well, enjoy your pastimes, guys. Maybe I'll check in in another six months or so to see if you have discovered anything new to write about in the interim.

He views everything as all or nothing. Either you have to make a lot of money or make almost nothing. Either you have to be a financial idiot spending like a mad man or you can't spend any money.

You're just now realizing the internet exposes some of the weirder elements of society? The shut-ins, the socially awkward, the obsessive, etc. etc.

If you ever attempt to call out any of these individuals, you'll be met with deflection, tangents, sarcasm, justification, explain-it-away's.

the funny thing is even if it was all or nothing 99.9% of the population would rather be wild spending broke than Diesel broke

You pay early withdrawal penalties on all retirement accounts before the age of 59.5. This includes Roth and non-Roth IRAs and 401Ks.

For Roth IRA, you can withdraw contributions before 59.5 without any penalty. You will be penalized only if you withdraw earnings.

Well,this is not an airport so no need to announce your departure. If you dont find this thread/discussions/posting interesting, find other threads.

If RidePolaris and DC2LV doesn't inspire another round of fan fiction from rickroll I don't know what will.

Diesel is heading quickly to early retirement. He is a financial genius. He said if he comes into an extra 100k, that means he can retire 5 years earlier than planned.

Or if he suffers any serious health issue (even something relatively minor like a broken bone). He’s already admitted to not having health insurance.

He admitted that? Last video on healthcare, he alluded to being on his parents plan, not paying anything.

Diesels health and mode of transportation are of least concern, his parents will take of him and it’s not like he’s blowing lots of money.

Follow the El D method and you'll be retiring at age 37.

Somehow El D won't be retiring at 37 is my educated bet

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It's easy to be a bum, when you know your parents will bail you out in a moments notice.

It's part of what makes up, and is commonly known as 'White Privilege '.

That was hilarious. How is the guy making $12k a year saving $20k a year for retirement!?

I can't recall ever paying more than $200 for one night at a hotel.

well, other than a honeymoon/anniversary in Cancun

This.

If you’re just going to **** off, then just **** off.

At least this thread would become Dr Phil infused psycho babble free for a while.

Still on Mommy and daddy’s plan? GTFO Diesel.

Grown ass men over 25 living on their own who still rely on mom and dad for anything is pathetic.

Never been to NYC then?