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Old 02-15-2019, 02:11 AM   #81
Recycles dryer sheets
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Join Date: Sep 2012
Location: Spring, Texas...but in Nigeria till ER !
Posts: 162
We were planning on going end of 2019 but we've decided to work until 1-Jun-20.

With vacations I will work 11 of the remaining 15 months, so not too bad.

Can't wait to be retired and chasing Ms. gamboolgal around the house nekid full-time !

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Old 02-18-2019, 07:24 AM   #82
Recycles dryer sheets
Join Date: Jun 2014
Posts: 116
We're still targeting 3/2020 after the final vestment and RRP.

I'm secretly wishing there would be a re-org and megacorp sends me off riding into the sunset this year.

I still need to figure out what I'm going to do after.

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Old 02-18-2019, 08:25 AM   #83
Full time employment: Posting here.
Join Date: Jul 2017
Location: Long Island
Posts: 722
I had been planning for 2020; but DH has been after me to move it up. That may be a whole separate thread . . .
Use it up, wear it out, make it do or do without.
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Old 02-18-2019, 01:57 PM   #84
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Join Date: Jul 2014
Posts: 76
After 10/2020. Thought it would be sooner, but we want a bit more cushion.
I find this early retirement topic sooo very overwhelming.
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Old 02-19-2019, 04:43 AM   #85
Dryer sheet wannabe
Join Date: Sep 2014
Posts: 14
Hey, howdy all! Finally found this 2020 thread. Ugeauxgirl suggested back in 11/18 that I drop in here, but when I searched I couldn't find it. Visited the site homepage yesterday, and voila, there's the link right in the "Recent Threads" sidebar - so now you're stuck with me! Anyway, a very firm retirement date of 11/1/2020 for me. Here's some of my story which (hard to believe) I posted in another forum back in 9/2018. Even though, as stated below, time feels like it's crawling in real-time, in retrospect, I can't believe it's been 5 months since I posted that! Down to 623 days (1.7069 years).

I've been wishing, dreaming, and planning for FIRE since I had my initial visit with a financial planner (fee-only, specific, short-term scope of work) back in 1995. I didn't really formalize and truly understand what I was doing until I read intercst's reports on the Motley Fool's old Soapbox back in 2000. I was 35 in 2000 and aspired to retire by the time I was 45.

Things change, mistakes are made, and life comes at ya fast. I'll turn 53 in a month, and I'm still working full-time. Overall, plans haven't changed, but the timelines have. I set a certain monetary goal several years ago based on the 4% rule and always thought that upon reaching that number, I'd check out of full-time work. I'm so, so ready.

I recently read The Mad Fientist's latest entry about his second full year of Early Retirement:

That got my attention again. It got me thinking about how much longer my days seem here than they used to. I stay busy, but my soul (such as it is) ain't in it anymore. I yearn for my freedom. The crazy part is - I reached my FI number over a year ago, but I can't pull the trigger just yet.

My "one more year" syndrome unfortunately has merit. My work benefits are now a curse. I'm too close to qualifying for "early retirement" (in company terms) to rationally throw away the benefits I'll receive when I get there in 2.1616 years (but who's counting?) versus leaving now. Upon turning 55 in two years, my pension immediately receives a bump as if I was 65 (i.e. nearly doubles the monthly payment at 55). On top of that, I still qualify for nearly-free post-retirement medical coverage to 65yo. It would be foolhardy to walk away from this when I'm so close. But I could. FireCalc shows that we'd have to essentially double our current spending budget in order to get below a 98% success rate.

Don't get me wrong... these are good problems to have. It's just that I know what I want, and it's hovering ever closer, but time has slowed to a crawl.

Sorry for the random thoughts - the Fientist's blog (and this thread) got me daydreaming again.
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Old 02-19-2019, 07:01 AM   #86
Confused about dryer sheets
Join Date: Mar 2018
Posts: 8
Started my goal 10+ years ago to retire at 61 in 2020, but thanks to very aggressive investing and Amazon (stock) we pulled the trigger May 2018.

Company package helped us manage this.

Like others here I see a massive change in my stress, outlook, just plain having fun.

Vacation planning is more fun as we don't have to squeeze it into a week or two, although I still have to work around our youngest daughters schedule.

Very blessed to have enough .... and be content with that.
Retired at 59 and blessed to enjoy a good life
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Old 02-19-2019, 09:01 AM   #87
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Location: Champaign
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Originally Posted by 2018 View Post
Started my goal 10+ years ago to retire at 61 in 2020, but thanks to very aggressive investing and Amazon (stock) we pulled the trigger May 2018.
Sadly reminds me. My dad was given a huge opportunity with McDonalds @ 1960. He had a steak house and thought this fast food junk will never make it.

I recall thinking an online bookstore? Books are going out of style, never make it.
"If you want to go fast, go alone. If you want to go far, go together.
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Old 03-10-2019, 01:39 PM   #88
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Location: Georgia
Posts: 2,158
Originally Posted by bUU View Post
If my company continues to be the veritable cesspool to work for that it is right now, I don't think I'll make it to 2020 (my original date), much less 2022 (my current plan).
Last week was eventful. We were on vacation and I had a second interview on Tuesday morning. They agreed to do it by video. An offer quickly followed by email from my soon-to-be-boss (the CIO), with great enthusiasm for my joining his team. It sounded like a great place to work - excellent online reviews of work/life balance from their staff.

I would be taking a further 10% pay cut (after taking a 35% pay cut when I joined my current employer a year ago). No problem. It's just money. The offer was silent about everything other than the salary rate. So I naturally asked for clarifications. He replied to my email pretty quickly.

They company offers no bonus. (I'm eligible for up to 20% bonus now.) Not a smart way of doing business, but okay - that's fine. Again, it's just money. 401k match is 25% of the first 6% (instead of 100% of the first 5%, as I have now). Not a problem. Again, it's just money.

What about vacation? His email indicated that they normally start people with two weeks of vacation but owing to my decades of experience he's sure they can start me with three weeks of vacation. Okay. I can live with that. We have a deal!

The next day the boss (who's the CIO, remember) comes back saying that he spoke out of turn, and he was "outvoted" with regard to offering me three weeks of vacation to start. I told him it was a hard part of my ask. (It was from the beginning - I didn't negotiate anything because all my must-haves, including the three weeks of vacation minimum, were satisfied, and I knew they wouldn't budge on the money.)

Long story short; I told him that with only two weeks of vacation I'll have to say 'no' to their offer. (He emailed back later to formally withdraw the offer - is that some kind of saving-face thing?)

Anyway, that just convinced me that even where there is so a great fit between my skills and experience, and even with a great place to work, the Gods of Labor are still working against me.

Anyway, my spouse was more upset than I was. That's pretty much it. Waiting an extra few years if this job panned out was okay, but after this nonsense it just isn't worth it.

As I mentioned in the 2022 thread a few minutes ago, we've sharpened the pencil and reflected in our budget our lower expenses during the last three years (since we last did a budget). We're spending a lot less in 2016-2018 than we did back in 2012-2015, and that reduction in expense brings us forward a couple of years.

My spouse is still retiring in July 2020. I'm probably going to try to withstand the cesspool through November 2020, and maybe March 2021 (just to get the annual bonus and 401k match, both of which require you to work for two or three months after the year ends before you see any of what you earned the year previous.)
Class of 2022
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Old 03-10-2019, 04:02 PM   #89
Recycles dryer sheets
Join Date: May 2013
Posts: 403
I'm very seriously considering joining class of 2020, but haven't made a definitive decision. I'll be 48, kids' college saving in good shape, no debt except for a couple more years of alimony and healthy nest egg. I think it'll only take one or two negative w*rk experiences to push me over the edge on the decision.
Saved 8 figures by my mid-40's as a professional bubble-spotter. Beware...the Fed creates bubble after bubble after bubble.
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Old 03-14-2019, 06:19 AM   #90
Dryer sheet wannabe
Join Date: Feb 2019
Location: Westford
Posts: 22
Originally Posted by gazelle View Post
4.5 million in retirement savings? If I had that much I would retire tomorrow! As it is, I plan to retire in May 2020.
I'm with gazelle! Combined we have 2.1M and I plan to retire at the end of 2019.
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Old 03-14-2019, 02:44 PM   #91
Recycles dryer sheets
Join Date: Aug 2015
Posts: 336
Just found out from multiple sources that a voluntary buyout package may be offered next week. Here’s hoping I end up in Class of 2019...

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