Public sentiment shows significant frustration and skepticism towards FATF's measures regarding Pakistan's terror financing. Many believe FATF should take stronger actions, suggesting that geopolitical influences affect the organization's decisions on countries. Users express doubts about the effectiveness of FATF's reports and concern over ongoing international support for Pakistan.

FATF

Pakistan

United States

China

**Reminder:** Please be courteous to each other and report any violations of the subreddit rules.

 * Debate the point, not the person.
 * Be respectful and avoid personal attacks.
 * No hate speech.
 * Report rule-breaking content to the moderators.

 Please join our official Discord server: https://discord.gg/rFV6GTyPxm


*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/pakistan) if you have any questions or concerns.*

AutoModerator

i wouldn't put to much weight into these things while it is fine to mock Indian nationalists objective reality is that FATF and organizations like these are governed by diplomatic backroom dealing more so then anything else.

India won't be placed there until and unless they really screw up to the point where the USA might not feel like bailing them out

and we won't be placed there as long as Turkiye and the PRC have our side

Moist-Performance-73

Dhruv Rathee walks a tightrope... he criticizes Modi &amp; BJP, but never touches Indian military narratives, Kashmir realities or even Hindutva’s deeper international footprint. This allows him to appear liberal without risking his Indian mainstream audience or YouTube reach.

Also, he is always careful to present Pakistan as uniquely flawed, while India is flawed but reformable. Including this FATF report on Hindutva groups would have destroyed that framing &amp; forced viewers to confront the moral equivalence between state-backed extremism in both countries.

We also need to understand that many western platforms also ignore Hindutva-linked groups unless there’s a high-profile riot or international outrage. Dhruv reflects that same bias, call out Islamic extremism globally, but treat Hindu extremism as fringe or irrelevant.

tormenturator

ExplorerFromPak

[deleted]

Enough that if you post on the other subreddits people get mad at you.

deadineaststlouis

A simple formula that works almost anywhere in the world and in any local currency is:

fatFIRE NW = MHI x F / SWR, where

MHI = median household income in a given location — might be village, town, city, county, state, province, etc., or entire country

F = *feeling fat* multiplier, usually taken between 2 and 3, but feel free to dream higher

SWR = safe withdrawal rate, usually assumed between around 3% and 4%, but can vary outside that range, based on factors such risk aversion, wants v. needs, age, health, life expectancy, number and ages of children if any, etc.

For example, for the US as a whole we get:

US fatFIRE NW lower bound = $80,610 x 2 / 4% = $4,030,500

US fatFIRE NW upper bound = $80,610 x 3 / 3% = $8,061,000

US Average = $6,045,750, or just over $6 million.

Edit:  LCOL might be half that, while VHCOL could easily be more than double that.

nhct

Yawn, another post in the endless discussion of the definition of FAT.

There is no magic dividing line, if there was it would be different everywhere, and it’s a meaningless distinction anyway.

Qwerti3

No one really cares. That said, if your yacht doesn't have a support yacht, maybe think twice about posting.

Is there a specific issue that THE WORKING TECHNOCRATS (saw them at Coachella in '17) with whom you circle socially cannot answer but which we may deign to solve for you?

hankeroni

How I see it. Fire people won’t make a decision even if it’s an upgrade to their quality of life if it means they might compromise their financial goals. Fatfire people have a set of ideals regarding what quality of life means which allows them to spend on whatever falls into that bucket.

kindaretiredguy

If you are flying or consider flying business class for travel/vacation after fire, you are FAT.

pardesi66

Covered in FAQ.

Locked to preserve comments.

shock_the_nun_key

I joined this sub and chubby fire because my projected NW at retirement will be roughly $10M and I kind of saw that as borderline for both. Maybe I’ll just be hefty.

Aaaaaaandyy

Fast_Sparty

Years ago chubby had defined themselves as 2.5 to 5 so I always thought this sub was 5+ but in recent years + hyper inflation that's become more fluid. The meetup group from this sub looks to verify $5m in NW

catztron

IMO, and I’m not there yet, it’s ~10M + in invested assets. 

Chubby is from 5-10M. 
Standard FIRE 2-5M. 
lean is less than 2M.

Standard_Nothing_268

Even if your company value went to zero and the sale was off, your spend rate is below 4%. It’s not FatFIRE per your own declaration, but it works.  What else?

pixlatedpuffin

kids, lifestyle creep (which really hit me at 50) and negative return events (aka tariffs tanking economy) would seem to be the big risks.

sounds like your current burn is very maintainable, but can you keep your current burn?

Charlesinrichmond

2.5-3.0% swr is in crazy safe zone. If this doesn't work then the world has fallen apart. You could literally buy 30 years of TIPS for ~ 3 million and still have 4 million in equities for forever money. 
OP - You are all set, congrats, GFY! and make me breakfast!

IllThroat9195

Though medical expense is free in your home country, any emergency may have huge impact. So you must have enough medical insurance coverage here for such emergency expenses. I guess, you have done that.

Sanathan_US

There is a black swan risk you cannot plan for. Imagine you cause a car accident and 4 lawyers or doctors are in the other car and sue you for lost wages. Not sure what the outcome would be then unless you find a way to shield the assets fully

nandnot

Your perspective indicates a sickeningly stable level of mental health. 

Haven’t you considered that you could always have more?????

GFY ;)

Various-Maybe

You may want to buy a house someday. I hear that you are nomadic now (presumably doing short term rentals?) but it wouldn’t be unlikely for you to want a home at some stage. That’s ok, you’ll be able to afford something.

lakehop

A lot of different amounts will work with different comfortable lifestyles in different scenarios. As always, do what you feel comfortable with. But, it's worth understanding there are two different things we're talking about in these conversations. 

1. "YouFIRE", which is having more than enough to be *almost* certain you'll always be able to comfortably afford living your absolute "best life" without any strain (however you define that) - even if things go fairly badly in the future compared to historical norms.

2. "FatFIRE", which is usually understood to be an objective bar based on an absolute amount of wealth - regardless of whether you yourself need that much or would ever even spend it. That's generally considered to be over $10M in liquid investable assets after deducting all debt and any large, reasonably certain upcoming expenses. This usually assumes you already have a fully paid off and furnished primary residence you consider luxury and would be happy with long-term as well as paid off, new-ish luxury cars and other significant "toys". The result is that actual "FatFIRE" net worth is usually *well* over $12M due to primary residence, non-liquid assets, "Toys", etc. This also typically assumes a North American or Western European, Top 25 large city cost basis.

Obviously, different people have different tastes and can be completely happy without some aspects of traditional high-end luxury. Personally, I find parts of the "Robb Report Lifestyle" unappealing. But to be a useful term, FatFIRE needs to imply some objective bar, otherwise it's just synonymous with "YouFIRE", which can vary widely per individual. So whether you need, or even want, a lavish, luxury lifestyle, reaching the "FatFIRE" bar means you *could* make high-end luxury choices without even thinking about it in a Top 25 large North American metro area. Of course, a lot of FatFIRE people make different choices and live in different ways and places. However, that doesn't change the objective FatFIRE bar, it just means those people have lower needs for their "YouFIRE" number. If they *also* have FatFIRE wealth it just means they have *far more* more cash, safety net, and assets than they'll ever need. On the other side, there are some people whose "YouFIRE" needs are higher than FatFIRE can comfortably fund. In that case, their FatFIRE number has to be higher than the norm. Bottom line, your unique "YouFIRE" number can raise the "FatFIRE" bar if it's higher but if it's lower, it doesn't lower the FatFIRE bar.

Having said that, and having been through a similar scenario, my advice is to, generally, err on the side of *not* cutting it close. Aim higher than you need to on your "YouFIRE" number. Sandbag your forward projections a little more than you feel is appropriate. Whatever you do, don't stretch. It's *always* better to have more than you actually need. When I FatFIREd I had two scenarios to choose from, exiting a year sooner with a little over my already-conservatively-padded number or a year later with well over a million more than my number in extra cash. I'm really glad I stuck it out and exited higher. Happily, I actually haven't needed it - or even close. But there's something special about having so much buffer that I literally never have to stop to think (much less worry) about anything.

mrandish

Your biggest risk is that 2.5% real (inflation adjusted) returns are not actually that modest over the forward looking 40+ years that you need the money --- interest rates could go back down alot (without inflation going down as much) and/or the new economic regime post tariffs and deglobalization could have much lower returns for risk assets like equities depending on what direction the government takes. 


If you can keep lifestyle creep down/out and get the number up a bit [and with your spouse working] it sounds like you should be fine, though? 

United_Difference416

Hallelujah! 

Good news for folks investing in IBKR/GoTrade: fewer hassles for us.. 

We have to remember that the Philippines being on the greylist triggered the closure of TD Ameritrade accounts (subsequently by Schwab) of Philippine holders.

Real-Yield

Ok-Technology-6289

My Schwab account is still open but I could not open new positions. Does this mean they will allow us to add funds and open new positions in the future?

defjam33

when the biggest money launderers in the country are business partners with the former president…

… and the current president is in a cold war with the former president and his business partners…

… what’s surprising about this outcome?

kadiliman vs kasamaan fight!

dibidi

So... Kudos to BBM ba? He should receive praise if this is on his leadership

zomgilost

Good. 

Money laundering issue ata primary concern nun.

Ragamak1

juwepi

DO YOU MEAN OPTIONS ARE BACK?

WE FUCKING ROLL LMAO!!! 😂

teokun123

Been waiting for this!!! Thank you for sharing.

tsitnedance

Not a fan of BBM but this is something that will really help Filipinos open a global business, and invest globally.

ZealousidealLow1293

Does this mean pwede na Stripe sa atin soon?

shaddap01

if you're non-compliant then you're probably on a list somewhere

OmegaBrainNihari

The Financial Action Task Force (FATF) has highlighted the use of e-commerce platforms, specifically Amazon, for procuring components used in the Pulwama terror attack. Reports indicate that financing for such acts has involved the movement of substantial funds via digital platforms like PayPal. These findings strengthen India's stance on Pakistan's role in state-sponsored terrorism.

FATF Findings on Terror Financing

Why This Matters

Public Sentiment Summary

Highlighted Comments

Parties Involved

What the people want