Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Hello from Texas, newbie to FIR (but not "E", sadly)
Old 06-30-2017, 07:37 AM   #1
Dryer sheet aficionado
 
Join Date: Jun 2017
Location: DFW
Posts: 26
Hello from Texas, newbie to FIR (but not "E", sadly)

Hello everyone,

I'm a newbie here, just discovered y'all recently. Up to now retirement has been a nebulous "thing" out in the future, but after emptying the nest and other milestones I find it looking over my shoulder and beckoning me. I referenced the "E" in the title because we're not retiring early.

So I've joined up in hopes of learning what I can from a collection of experts.

Short summary:
-Married 36 years, two (launched) kids.
-I'm 60, she's 59.
-Most retirement financial milestones are passed, sorta happened while we were busy with kids 'n stuff.
-It seems the lines on my spreadsheet graphs will "cross" next year and I'll be working for nothing (equal income if I stay home).
-The Missus will follow a year or two later.

I have a variety of questions, mainly about the social and personal elements of retirement -- moving, aging, parents, social life, etc. I'll start specific threads about these rather than mix them all here.

Thanks to whoever came up with the FIREcalc. I have written a few of my own, using weighted averages, Monte Carlo, and other methods to predict probabilities. It's gratifying to see my home-made calculators track pretty closely to the pros.

Thanks also for the website itself,

Howdy from Texas,
pullin (class of 2018)

PS. Username based on our love of boats and campers -- we're always pullin something when we travel.
__________________

pullin 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 06-30-2017, 07:41 AM   #2
Full time employment: Posting here.
cooch96's Avatar
 
Join Date: May 2014
Location: Lakewood
Posts: 635
Welcome, pullin. Be proud, many would consider early 60's as Early.
__________________

__________________
Why be normal when you can be yourself?
cooch96 is offline   Reply With Quote
Old 06-30-2017, 07:47 AM   #3
Dryer sheet aficionado
 
Join Date: Jun 2017
Location: DFW
Posts: 26
Thanks! I guess it's beating the average (nowadays, anyway). But I see people discussing it at 45 or even earlier. Makes me feel like an also-ran sometimes.

My parents retired at exactly my current age (but they had 17 years of empty-nest, not 4). That's my excuse and I'm sticking to it! (Harder to launch kids today)
pullin is offline   Reply With Quote
Old 06-30-2017, 07:52 AM   #4
Dryer sheet aficionado
 
Join Date: Jun 2017
Location: DFW
Posts: 26
Quick question -- How do I add a quote (permanently) to my signature?


Oops. I just figured it out. Sorry.
__________________
At the end, your life will summed up by two numbers and a dash -- make the most of the dash.
pullin is offline   Reply With Quote
Early is in the eye of the beholder
Old 06-30-2017, 02:50 PM   #5
Full time employment: Posting here.
Mdlerth's Avatar
 
Join Date: Oct 2016
Location: The Shire
Posts: 805
Early is in the eye of the beholder

As a gift welcoming you to the forum, I present you this:

E

Your note says you're 60 now and you're retiring in 2018. That puts you roughly 61 years old when you hit the bricks. Don't beat yourself up that it's not as early as some of the overachievers here. It's earlier than plenty of others, especially considering you're going out on your own timetable. That's big.

The poor souls who "retired" involuntarily at 50 probably aren't enjoying it as much as you will.

So add the E to your FIR and revel in it. I look forward to your future postings with eager anticipation!
__________________
Paying it forward is the best investment.
Mdlerth is offline   Reply With Quote
Old 06-30-2017, 03:13 PM   #6
Full time employment: Posting here.
 
Join Date: Nov 2016
Location: Richards
Posts: 678
Another Texan , welcome aboard and god bless ! pretty soon nobody will be working in Texas .
Breedlove is offline   Reply With Quote
Old 06-30-2017, 05:27 PM   #7
Thinks s/he gets paid by the post
Red Badger's Avatar
 
Join Date: Jan 2017
Location: Piedmont Region
Posts: 1,346
HI pullin and welcome!

I retired today at 60 (and in reasonable health). Like you, I feel like a bit of an old fart, what with retirees here sill in middle school.

I had great pleasure walking out today on my time/terms. So don't beat yourself up. Develop an exit plan, then execute the plan.

Most of all, have fun; you've earned it!
__________________
Never let yesterday use up too much of today.
W. Rogers
Red Badger is offline   Reply With Quote
Old 06-30-2017, 06:15 PM   #8
Full time employment: Posting here.
 
Join Date: Jul 2014
Posts: 665
Congrats! As others have said to be able to retire comfortably is already a major accomplishment, and 61 is definitely earlier than many people. Everyone has a different level of comfort and we each have to make the decision when we're ready.

I'm sure some people would have looked at your financial situation even a few years ago and felt ready to retire. So the age of retirement may have as much to do with your personality as your finances.
Katiek is offline   Reply With Quote
Old 06-30-2017, 06:18 PM   #9
Recycles dryer sheets
 
Join Date: Nov 2012
Location: Yonder
Posts: 357
Quote:
Originally Posted by Breedlove View Post
Another Texan , welcome aboard and god bless ! pretty soon nobody will be working in Texas .
Amen.

That reminds me of a quote-
Like my dad says, he says "Son, don't ask a man if he's from Texas. If he is, he will let you know. If he isn't, well there's no point in embarrassing him like that."

(posted from the Hill Country, near the Salt Lick)
tfudtuckerpucker is offline   Reply With Quote
Old 07-02-2017, 02:52 PM   #10
Dryer sheet aficionado
 
Join Date: Jun 2017
Location: DFW
Posts: 26
Thanks for the warm welcome everyone.
__________________
At the end, your life will summed up by two numbers and a dash -- make the most of the dash.
pullin is offline   Reply With Quote
Old 07-02-2017, 05:38 PM   #11
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: May 2005
Posts: 14,866
Quote:
Originally Posted by Breedlove View Post
Another Texan , welcome aboard and god bless ! pretty soon nobody will be working in Texas .

Also welcome...


BUT, enough people are moving here from other places that it is not going to happen.... just a LOT more cars on the street and many more people in the stores etc. when I want to be there!!!
Texas Proud is offline   Reply With Quote
Old 07-02-2017, 05:46 PM   #12
Full time employment: Posting here.
 
Join Date: May 2011
Location: Maple Valley
Posts: 657
Welcome pullin. Look forward to reading more posts from you in the future. Congrats on pulling the plug soon.
kimcdougc is offline   Reply With Quote
Old 07-02-2017, 06:03 PM   #13
Moderator Emeritus
aja8888's Avatar
 
Join Date: Apr 2011
Location: The Woodlands, TX
Posts: 8,999
Welcome fellow Texan!!
__________________
......."Everybody has a plan until they get punched in the face." -- philosopher Mike Tyson.
aja8888 is offline   Reply With Quote
Old 07-03-2017, 06:53 PM   #14
Moderator
Walt34's Avatar
 
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 18,644
Quote:
Originally Posted by Texas Proud View Post
BUT, enough people are moving here from other places that it is not going to happen.... just a LOT more cars on the street and many more people in the stores etc. when I want to be there!!!
Yes, and we have at least member who is actively trying to discourage that.....

downsizing: relocation & cost of living

Welcome to the forum! (Even if I'm not from Texas.)
__________________

__________________
I heard the call to do nothing. So I answered it.
Walt34 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
Freedom = 06-30-17 (FIR?) Red Badger Life after FIRE 22 06-30-2017 11:11 PM
Queen Beatrix is FIR Meadbh Other topics 1 01-28-2013 02:26 PM
Sadly, its not going to happen the way I hoped... wishing4it Hi, I am... 12 09-02-2010 11:32 AM
ETFs that are "close" but not "wash sale close" FinanceGeek FIRE and Money 1 11-18-2007 11:08 AM

» Quick Links

 
All times are GMT -6. The time now is 06:03 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.