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Old 08-02-2015, 06:42 AM   #21
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Originally Posted by wingfooted View Post
Was this investment capital gains or additions from your w*rk related salaries and benefits ?
A bit of both, but the majority would be from work related salaries and benefits I would assume as it is not like I have some great investment savy (my investment returns are not significantly higher than the average investor here I wouldn't think).

My wife and I are fairly well compensated overseas, and we significantly LBYM compared to our income (not because we do some great cost savings/recycling but just because we both have a goal to position ourselves to be able to be FIRE'd at age 50 and it doesn't take that much to make us happy).
I would imagine that in retirement our annual spending budget will actually be an increase over what it is currently.
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Old 08-07-2016, 12:04 AM   #22
Recycles dryer sheets
 
Join Date: Jul 2013
Location: Cocoa Beach
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Another year has passed and here is our annual update on our status:
Still on target for ER at 50 in the 2Q of 2017 (April 2017) and return to the USA (only 8 more months to go! ).

Assets are currently distributed/invested as follows:
$3.277M total not including Florida house value (no mortgage) which we will live in.
$309k (9.4%) in Cash.
$1909k (58.3%) in Stocks:

...$362k in individual stocks with Schwab
...$654k in Vanguard funds in After-Tax account: (VGHAX (30%), VIMAX (15%), VSMAX (16%), VTSAX (16%), VWIAX (8%) and VWENX (15%)).
...$893k in Vanguard funds in 401k: (VHCAX (15%), VEXRX (15%), VWILX (15%), VGSNX (15%) and VWENX (40%)).
$220k (6.7%) in Bonds (from Vanguard Wellesley and Wellington fund in After-Tax and Wellington fund in 401K).
$70k (2.1%) in investment Real Estate (not primary house which is valued at around $900k but not included in assets as we will live in it in retirement).
$800k (23.5%) in Lump Sum Pension.
Goal was to have at least $3.3M (not including primary home) in 2017 with annual expenses of $100K including everything. If everything stays on-track I would expect us to exceed our designated goal by about $400k!
We have been making very good progress on our goals and can see the light at the end of the tunnel (Just hope it isnít an oncoming train!)!
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Old 08-07-2016, 08:29 AM   #23
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Congratulations, Lucantes. Hope you enjoy those last months abroad and good luck with all of the details of getting home.
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Old 08-07-2016, 08:58 PM   #24
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Congratulations, Lucantes. Hope you enjoy those last months abroad and good luck with all of the details of getting home.
Thanks, has been a several decade journey but is nearing the end now....thankfully!
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Old 08-07-2016, 09:27 PM   #25
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What a great update, Lucantes.
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Old 08-07-2016, 09:47 PM   #26
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What a great update, Lucantes.
Thanks!
Our life choices, some luck and having compatible goals, have put us in a great position to be able to be FIRE'd at 50 (hopefully!).
I do not pretend to have any great investment wisdom other than to save as much as you can, for as long as you can, while still allowing yourself to enjoy the things you like in life (if you are lucky many of them will not be things that actually cost a lot of money!)....balance is the main key (don't deny the things that you really want/need as I think that can lead to internal financial resentment).
Luckily both my wife and I enjoy the simpler things in life even though we could afford to spend more we choose not to.
This site has provided me loads of really good information and perspectives, from both those in lower income brackets and those in significantly higher ones also!
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