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finish line inches away
Old 04-09-2008, 08:52 PM   #1
Confused about dryer sheets
Join Date: Feb 2008
Posts: 6
finish line inches away

Hello all,
I am 55 1/2 years old so some may not think I am retiring very early. I have worked 32 years in a very unpleasant industrial plant. I have a few weeks vacation I am taking and do not plan on returning to the plant.
Two things have made this possible
1. A spouse with a good job ( pension, family benefits 70% paid for)
2. We saved as much as we could and still had fun.

Portfolio value about $900000 (half tax deferred)
67% equities 33% bonds/short term. All in low cost Vanguard funds.
Home paid for, worth about $250000 according to Zillow.
Combined pensions will be about $66000 at age 55.
SS will be $1250 for me, zero for wife (gov pension)
Kids grown.
No debt.

I am thinking of working part time if I can find something enjoyable.

Looking forward to reading many posts on this forum. Very interesting.

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Old 04-09-2008, 09:15 PM   #2
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Join Date: Jul 2007
Posts: 2,081
Welcome Wintergolf. Hope you will enjoy the forum. Looks like you've been lurking for a while, so you already know you can find all kinds of good information here. Glad you were able to have fun along the way to ER, and still save a bundle.

Good luck to you. We look forward to your posts and ER adventures!


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Old 04-09-2008, 09:38 PM   #3
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Join Date: Feb 2006
Location: San Francisco
Posts: 8,827
Sounds great. Your savings and benefits all but close the deal. Throw in the pensions and it's a slam dunk.

What pursuits are you looking forward to as a man of leisure?
San Francisco Area
ESR'd March 2010. FIRE'd January 2011.

As if you didn't know..If the above message contains medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any purpose. Consult your own doctor for all medical advice.
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Old 04-10-2008, 05:25 AM   #4
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Join Date: Jan 2008
Location: Chicagoland
Posts: 10,664
I am not retired yet, but welcome aboard. Looks like as solid a plan as any I've seen. That in itself has to be rewarding, good for you (really)...
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)
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Old 04-10-2008, 07:41 AM   #5
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Posts: 1,375

I am thinking of working part time if I can find something enjoyable.


Wintergolf: Don't forget, there's also Springgolf, Summergolf, Fallgolf.

"Left-arm straight, right elbow tucked at impact, and grip it and rip it."
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Thanks all
Old 04-10-2008, 07:11 PM   #6
Confused about dryer sheets
Join Date: Feb 2008
Posts: 6
Thanks all

Thanks to all and glad to be aboard.

You are right Rambler, I have been lurking and enjoying these forums.

Rich, your question about my plans is the hard one . I have to figure that out. Not used to so much freedom yet.

Thanks Midpack, it's just sinking in what we have accomplished.

Jarhead, I am familiar with those seasons you mention as my wife could tell you.

Rachael, A young college grad reading this forum will be light years ahead of most of your friends. I wish I had found this kind of information before I made some investing mistakes along the way. ( Thinking of an annuity I bought when I young). another forum site you might want to check out that has good information is Bogleheads Investment Forum at

Bogleheads :: Index

Thanks again to all.

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