Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
62, eight days retired, loving it.
Old 07-08-2011, 05:10 PM   #1
Confused about dryer sheets
 
Join Date: Jul 2011
Location: rural
Posts: 6
62, eight days retired, loving it.

I've been reading some threads on this forum for a couple of weeks now - time to participate a bit.

Though I planned and saved for retirement for the last thirty years, I'd never dug into it more than to know that I was doing enough. When dealing with admin/mgmt turned stressful over the last year I built a spreadsheet of assets and liabilities, realized I could retire NOW. So as of July 1, I own all my time. Very nice.

My wife is four years younger and, though she works very hard, plans to continue full time for another four years. One immediate change is I started making dinner for her each evening (something I'd never done before). She deserves a regular welcome home now.

My first major project is to finish our house. We started 35 years ago - with full focus I think we can be there in 18 months or so.

Kids are grown and independent. When I started running numbers we both downloaded all our credit card and checking account transactions for the last eighteen months, categorized each one and got a good read on our spending. I figure we can live comfortably on about $45K after taxes. We'll spend more as we get older and start paying others to do some of the things we do ourselves.

Finances - I've been following Bogleheads for a several months, am pretty much a disciple of Rick Ferri. IRA is with Vanguard and 50/50. We'll convert some of that to Roth before we start SS (70 for me). I'm fortunate to have lifetime med benefits, some pension and a working wife.

Okay, got to go start dinner -

Robert Frost
__________________

__________________
RobertFrost is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 07-08-2011, 05:18 PM   #2
Thinks s/he gets paid by the post
steelyman's Avatar
 
Join Date: Feb 2011
Location: Triangle
Posts: 3,218
Welcome, RobertFrost, and congratulations on retiring! I look forward to seeing you around here.

I have taken the liberty of adding you to a list of people who have or are planning to retire in 2011. You can find it here: The Class of 2011
__________________

__________________
steelyman is offline   Reply With Quote
Old 07-08-2011, 05:41 PM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: Chicagoland
Posts: 11,983
Welcome aboard and congrats. I retired the same day as you did, looking forward to it but I'm in the honeymoon period still (obviously).

It's funny everyone asks me what it's like and they're disappointed when I don't give a detailed conclusive positive answer How on earth would I know after a week! Guess I should just say it's wonderful and recommend it to everyone...

BTW, we'd love to add you to our Class of 2011 thread. Just go to it and give us your info. Steelyman and I will undoubtedly race to add you if you don't want to add yourself.
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is offline   Reply With Quote
Old 07-08-2011, 05:44 PM   #4
Thinks s/he gets paid by the post
steelyman's Avatar
 
Join Date: Feb 2011
Location: Triangle
Posts: 3,218
Quote:
Originally Posted by Midpack View Post
Welcome aboard and congrats. I retired the same day as you did, looking forward to it but I'm in the honeymoon period still (obviously). It's funny everyone asks me what it's like and they're disappointed when I don't give a detailed conclusive positive answer How on earth would I know after a week! Guess I should just say it's wonderful and recommend it to everyone...

BTW, we'd love to add you to our Class of 2011 thread. Just go to it and give us your info. Steelyman and I will race to add you if you don't want to add yourself.
I think maybe I won that race
__________________
steelyman is offline   Reply With Quote
Old 07-08-2011, 05:46 PM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: Chicagoland
Posts: 11,983
Quote:
Originally Posted by steelyman View Post
I think maybe I won that race
I thought you might...
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is offline   Reply With Quote
Old 07-08-2011, 07:02 PM   #6
Thinks s/he gets paid by the post
Tadpole's Avatar
 
Join Date: Jul 2004
Posts: 1,174
Welcome. It's Friday!

You will be fully retired when you don't even know what I mean.
__________________
Tadpole is offline   Reply With Quote
Old 07-08-2011, 07:17 PM   #7
Thinks s/he gets paid by the post
obgyn65's Avatar
 
Join Date: Sep 2010
Location: midwestern city
Posts: 4,061
Welcome, Robert.
__________________
Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
obgyn65 is offline   Reply With Quote
Old 07-08-2011, 07:24 PM   #8
Thinks s/he gets paid by the post
Rustic23's Avatar
 
Join Date: Dec 2005
Location: Lake Livingston, Tx
Posts: 3,624
You got to get one of these, all the clock you will ever need!

__________________
If it is after 5:00 when I post I reserve the right to disavow anything I posted.
Rustic23 is offline   Reply With Quote
Old 07-08-2011, 07:28 PM   #9
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: Chicagoland
Posts: 11,983
I like these even better...
Attached Images
File Type: jpg 4012104-2T.jpg (18.2 KB, 262 views)
File Type: jpg retired.jpg (66.1 KB, 258 views)
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is offline   Reply With Quote
Old 07-08-2011, 07:53 PM   #10
Confused about dryer sheets
 
Join Date: Jul 2011
Location: rural
Posts: 6
those clocks are good! good chuckle. As a former professor, I've had quite a bit of retirement "practice" during long summer vacations - and the last day I worked was in early May. When I was cleaning out my desk I realized how hard I did work during the semester though - how much planning and prep for every class - and I generally taught four or five different ones. It feels so good to lose all those deadlines.

Okay now, what day is it today? A summer day? good enough.

Red Sox are winning - I'll head back down to my workshop.
__________________
RobertFrost is offline   Reply With Quote
Old 07-09-2011, 08:57 PM   #11
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 10,038
Quote:
Originally Posted by RobertFrost View Post

. When I started running numbers we both downloaded all our credit card and checking account transactions for the last eighteen months, categorized each one and got a good read on our spending. I figure we can live comfortably on about $45K after taxes. We'll spend more as we get older and start paying others to do some of the things we do ourselves.

Welcome , After tracking my expenses for three years I came up with my number and added padding which saved my sanity several times . The roof leaks ,The appliances break , The car self destructs and the padding covers it .
__________________
Moemg is offline   Reply With Quote
Old 07-09-2011, 09:28 PM   #12
Thinks s/he gets paid by the post
Rustic23's Avatar
 
Join Date: Dec 2005
Location: Lake Livingston, Tx
Posts: 3,624
+1
Not sure I could sleep at night if it were not for a substantial pad! Mine is over 150% of what I calculated my expenses at.
__________________
If it is after 5:00 when I post I reserve the right to disavow anything I posted.
Rustic23 is offline   Reply With Quote
Old 07-15-2011, 10:41 AM   #13
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
easysurfer's Avatar
 
Join Date: Jun 2008
Posts: 7,904
Congrats Robert!

Sometimes, this is what I think about deciding to retire early:

"...Two roads diverged in a wood, and I--
I took the one less traveled by,
And that has made all the diference."

Thought you'd enjoy the quote
__________________
Have you ever seen a headstone with these words
"If only I had spent more time at work" ... from "Busy Man" sung by Billy Ray Cyrus
easysurfer is online now   Reply With Quote
Old 07-15-2011, 11:13 AM   #14
Full time employment: Posting here.
 
Join Date: Jan 2011
Posts: 575
Quote:
Originally Posted by easysurfer View Post
Congrats Robert!

Sometimes, this is what I think about deciding to retire early:

"...Two roads diverged in a wood, and I--
I took the one less traveled by,
And that has made all the diference."

Thought you'd enjoy the quote
THe following is written by Robert Frost (not the OP)
1. The Road Not Taken. Frost, Robert. 1920. Mountain Interval

Robert Frost (18741963). Mountain Interval. 1920.
Quote:
1. The Road Not Taken TWO roads diverged in a yellow wood,And sorry I could not travel bothAnd be one traveler, long I stoodAnd looked down one as far as I couldTo where it bent in the undergrowth; 5 Then took the other, as just as fair,And having perhaps the better claim,Because it was grassy and wanted wear;Though as for that the passing thereHad worn them really about the same, 10 And both that morning equally layIn leaves no step had trodden black.Oh, I kept the first for another day!Yet knowing how way leads on to way,I doubted if I should ever come back. 15 I shall be telling this with a sighSomewhere ages and ages hence:Two roads diverged in a wood, and II took the one less traveled by,And that has made all the difference.
__________________
KingB is offline   Reply With Quote
Another - from "North of Boston" (1915)
Old 07-17-2011, 10:37 AM   #15
Confused about dryer sheets
 
Join Date: Jul 2011
Location: rural
Posts: 6
Another - from "North of Boston" (1915)

"Im going out to clean the pasture spring;
Ill only stop to rake the leaves away
(And wait to watch the water clear, I may):
I shant be gone long.You come too."

Some of my retirement days are thus - we actually have a "pasture spring" I clean occasionally.

Frost speaks to me more than ever in retirement - out of the fast lane, life more in resonance with nature and season.

Thanks for the reminder easySurfer
__________________

__________________
RobertFrost is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Things that make you happy to be retired Purron Life after FIRE 65 07-11-2011 04:08 PM
61 & retired from admin (secretary) job American-Canadian Hi, I am... 6 06-25-2011 11:02 PM

 

 
All times are GMT -6. The time now is 11:45 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.