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Old 06-18-2013, 01:01 PM   #21
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Just curious - are you saying this changed your projected FIRE date from 1 year from now to 3-6 years? That kind of sucks if I read you correctly.
We've never really pegged a specific date for my spouse's retirement. We've always thought/feared that retirement would be foisted upon us rather than be something we'd deliberately choose to do at a specific time. However, I think if we were forced to pick a specific target date, we would have casually said "five years from now" for my spouse. I'm not sure if the difference between that "five years" and the "six years" we've been talking about this week was rounding error or not: My spouse is seven years away from FRA, so maybe that "five years" was just "shorthand" for that seven years until FRA. Five, six or seven years from now - I don't think we've really decided between the three. (The "RE" part of FIRE, in our case, refers to my retirement, definitely six years prior to FRA, at the latest. That date is pretty well set in stone... we even refinanced our mortgage so that our last payment is the last month I'll get a paycheck.)

So the short answer is that, no, I don't think this represents a change in our projected FIRE date.
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Old 06-18-2013, 01:55 PM   #22
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I loved commuting with DH the few years we did it. It's so much easier to have the "what's for dinner" conversation while we were in the car, and could decide if we wanted to go out on the way home, or stop at the store to pick up groceries. We also did lunch together, I'd pack everything, heat it up during lunch, and he'd walk over. I think the 20% pay cut isn't going to be noticeable with the money you save.
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Old 06-18-2013, 01:56 PM   #23
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So the short answer is that, no, I don't think this represents a change in our projected FIRE date.
Ok, that is great then! Huge quality of life gains and minimal impact on finances. I imagine the savings on commute costs will also partly offset the reduction in pay for your DW. After those savings and lower taxes, you probably won't notice a huge decrease in disposable/investable income each month.
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Old 06-18-2013, 07:44 PM   #24
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Great news - thanks for sharing.
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Old 06-19-2013, 06:05 AM   #25
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My spouse's boss freaked out, started making tons of promises she had no authority to assure (I recognized this as the "bargaining" stage in the Kübler-Ross model), and eventually sent my spouse home for the day in the early afternoon, primarily to avoid the rest of the team finding out about my spouse's intended departure (perhaps a little "denial" by proxy?)

The one really interesting tidbit was something the boss said about how my spouse's departure might prompt the director to cancel the boss' upcoming vacation. I suspect this was a bit of argumentum ad misericordiam (appeal to guilt), but of course as an outsider looking in I read it as a drastically clear reinforcement that my spouse made the right decision: An operation that has so little depth, that the departure of one employee causes people's vacations to be canceled, is an operation already in trouble.

Thanks for all the kind words and well-wishes. I'll update the thread if anything else interesting develops from this.
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Old 06-19-2013, 08:03 AM   #26
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....as an outsider looking in I read it as a drastically clear reinforcement that my spouse made the right decision....
+1 She needs to think "run" without burning bridges behind her. Her boss sounds like a dweeb.
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Old 06-19-2013, 09:20 AM   #27
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That is really weird saying or thinking something like "you can't leave, it'll mess up my vacation". And why didn't the boss just ask to be the one to announce the departure if there was to be one and then discuss a mature transition approach.
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Old 06-19-2013, 09:34 AM   #28
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So I get a TXT: "Getting lots of flack from upper management."

I reply: "What kind of flack?"

Spouse's reply: "Guilt"

Incredible.
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Old 06-19-2013, 09:41 AM   #29
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Maybe they will offer your spouse a million dollar bonus if they stay on
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Old 06-19-2013, 09:44 AM   #30
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Wouldn't that be nice

If they do, I'll chauffeur my spouse to work each day, to save my spouse the annoyance of driving so long.
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