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View Poll Results: What method did you use to ER?
LBYM and save 34 69.39%
Sell appreciated house 1 2.04%
Inheritance or stock options 5 10.20%
Move abroad 0 0%
Pension plan 9 18.37%
Voters: 49. You may not vote on this poll

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Re: How did you ER
Old 06-22-2005, 08:48 AM   #21
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Re: How did you ER

Quote:
Originally Posted by wildcat
Nords and Wab --

41 and 37...I'm jealous errr motivated
Jealous...and...late...
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Re: How did you ER
Old 06-22-2005, 12:25 PM   #22
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Re: How did you ER

Quote:
Originally Posted by retire@40
Same thing could be said for DH and DW. That "D" could mean either "Dear" or "Dumb."
Thats the tasty part of it!

DH could also = Dick Head...

I aint doin' it for 'DW'...
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Re: How did you ER
Old 06-23-2005, 06:15 PM   #23
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Re: How did you ER

Bump. We are getting some interesting results. Saving is the clear winner, followed a distant second by pension. Only 2 got a financial windfall. I'll keep this unscientific poll open a while longer.
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Re: How did you ER
Old 06-23-2005, 06:19 PM   #24
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Re: How did you ER

Technically I didnt vote because I got there by more than one option, almost equally weighted, and I couldnt vote for 2 different things...
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Re: How did you ER
Old 06-23-2005, 07:57 PM   #25
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Re: How did you ER

Don't meet the qualifications to vote
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Re: How did you ER
Old 06-23-2005, 09:26 PM   #26
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Re: How did you ER

We did it by LBOM and saving everything we could. My husband is 62 and I am 55. Retired this year. I have a pension, my husband has his SS.
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Re: How did you ER
Old 06-24-2005, 09:08 AM   #27
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Re: How did you ER

Though neither FI or RE, I voted LBYM/save (like crazy)...

No inheritance coming, have a few SOs, lower that Davy Jone's locker, home appreciating but not bubbling, expect decent future returns, but probably no windfall, etc.

Only corp carrot left is health insurance, which could turn out to be a valuable carrot, assuming it isn't canceled.
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Re: How did you ER
Old 06-26-2005, 10:10 AM   #28
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Re: How did you ER

Simple, Saved $1.5m ER'd at 49 & 46 Resp. (Now getting there was not so simple)

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Re: How did you ER
Old 06-26-2005, 12:25 PM   #29
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Re: How did you ER

I voted LBYM.
Being single and very frugal (cheap), I actually LWBYM (Live Way Below Your Means). Of course, it is easier to LWBYM when you own a 2 fam house and earn over 6 figures for the last 8 years. Now if I had invested my money more wisely in 2000, I would have truly RE a few years earlier.
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Re: How did you ER
Old 06-26-2005, 01:46 PM   #30
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Re: How did you ER


LBYM then having a JG "just do it " attitude at 53 six months ago. No rerets - not one

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Re: How did you ER
Old 06-26-2005, 05:05 PM   #31
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Re: How did you ER

It's "sale of appreciated house" ... but rental property.

Will start retirement in October at 43.
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Re: How did you ER
Old 06-26-2005, 05:26 PM   #32
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Re: How did you ER

LBYM and saving, mainly, didn't sell appreciated house yet, been told about an inheritance/trust but it's not in my plans.

Might still work a few part time hours mostly because I'm way behind billing my cases and closing down my office. I haven't been planning this a long time. When I wanted to ER, I realized I could. I'm 43.
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Re: How did you ER
Old 06-26-2005, 06:14 PM   #33
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Re: How did you ER

I was DCA' ing my way to 1.3 mil at age 63 and 35 yr gold watch and defined pension - when I was layed off at the tender age of 49* jan 1993 with 200k in 401k, a duplex, and a girlfriend with a 100k 401k.

The rest is history - wouldn't look pretty on a spreadsheet - but looking back it was easy.

" Sis on you pister" - I wasn't gonna work no more (slipped in a 1 yr temp job in 95).

Discovered this forum in 2003 - now I are a high class ER - which is easier to spell than unemployed engineer.
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Re: How did you ER
Old 06-26-2005, 06:24 PM   #34
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Re: How did you ER

This is another NYC guy. After 27 years 4 months and 10days of working for NYC I retired at age 46. 8) The pension did it. But smart investing and a large gain from the sale of the house permitted us to find paradise in the high desert of AZ. Never been happier! No regrets but do miss real bagels and bialys!
Ed
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Re: How did you ER
Old 06-26-2005, 08:25 PM   #35
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Re: How did you ER

Not retired yet but close to FI - 35 years old.

I was lucky enough to have a fantastic education (both academic and in practical "life skills"). This provided the basis of good employment income stream, business oportunities/ideas and investment sense that has got us pretty far.
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Re: How did you ER
Old 06-27-2005, 04:20 PM   #36
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Re: How did you ER

LBYM, then have the co. that I worked for (28yr, 50 yr old) tell me goodby after my third back operation. I feel pretty good, but do not recommend the route I took. Now I'm here, it's great!* *Shredder
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Re: How did you ER
Old 06-27-2005, 08:12 PM   #37
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Re: How did you ER

LBYM and retired at 49. Living in Thailand doesn't hurt

Lance
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Re: How did you ER
Old 07-03-2005, 12:10 AM   #38
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Re: How did you ER

One more bump and then I'll finalize the results. At present 70% LBYM, 20% pension, 10% financial windfall (inheritance, stock options, etc.)
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Re: How did you ER
Old 07-03-2005, 08:40 AM   #39
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Re: How did you ER

My formula was, being single, making an excellent salary and LWBYM (way below). I would have RE'd a lot sooner if I wasn't such an ignorant invester.
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Re: How did you ER
Old 07-03-2005, 09:15 AM   #40
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Re: How did you ER

I am a wanabe and targeting my 40s for a possible exit or at least semi-retire. I am counting on the following: 100% LBYM and dollar cost averaging into my investments. Saving 20-30% of my income. Once I reach age 55, I will be able to gather some pension money for around 20 years of service.
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