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Moving on
Old 05-04-2013, 01:04 PM   #1
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Moving on

My stepson is graduating this month and it leaves my DW and I empty nesters. We began the discussions last year about what we wanted to do with our independence. After 17 years at current company and 37 in my industry and DW 6 years with her current company we decided that we were packing it up and moving to NW Arkansas, where her folks live and two of the kids will be in college. We saw the real estate market firming up there and pulled the trigger on a new (for us) home. The cost of living from the housing standpoint is so much better there - larger house (didn't try to do this intentionally), 1/2 acre wooded lot on a greenbelt, cost 23% less than current home is selling for, taxes less than 1/2.

Just put our home on the market (dallas suburb) on Thursday, had 23 showings, 5 offers above list, one being the cash offer we accepted.

I gave my company 4 months notice of my departure, which was a surprise to them, but they are allowing me to work as long as I want to and will keep me on till the end of the year, even though we will move to Arkansas full time at the end of June.

My DW is still looking for a CPA job and I will do something, just not sure what yet.

We feel very blessed the way the doors have opened up for us every step of the way.

Anticipating a transfer of assets (and market drop, wrong again) soon, I had most of our assets in cash to facilitate the transfer upon departure of current employer.

We have $1.2 m in assets, including home equity and plan to work approx 5 more years, though at a much reduced salary. I am 53, she is 49.

I would say that this is our pre-retirement but I know that is not popular on this site...all or nothing, right?

This site has answered a lot of the questions I have about making the move we have chosen and the conservative nature of those that post here balances the more risk taking side of my personality.
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Old 05-04-2013, 08:46 PM   #2
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I would say that this is our pre-retirement but I know that is not popular on this site...all or nothing, right?
Well, not universally. Many do work full time or part time. But the sweet part is when it becomes optional.
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Old 05-04-2013, 10:28 PM   #3
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Thank you for sharing the news on your strong home sale, as I am probably in the same neck of the woods (burbs). I am considering listing soon rather than next spring.
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Old 05-04-2013, 11:34 PM   #4
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I would say that this is our pre-retirement but I know that is not popular on this site...all or nothing, right?
Welcome. I think many people here are still employed full time, others have cut back to semi-ER and others do consulting as opportunities arise.
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Old 05-05-2013, 12:22 AM   #5
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I would say that this is our pre-retirement but I know that is not popular on this site...all or nothing, right?
I think this may be a misunderstanding. When the words match the actions, I don't think anyone would object.

Ha
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Old 05-05-2013, 12:54 AM   #6
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I think many of us would had done a per-retirement if possible. My employer did not low such things except at vastly reduced pay and benefits. So I worked an additional 6 months full time which equaled about two years of half time dollars. Do what works for you.
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Old 05-05-2013, 05:43 AM   #7
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Just put our home on the market (dallas suburb) on Thursday, had 23 showings, 5 offers above list, one being the cash offer we accepted.
And I thought we did good with 3 offers in the first week. Would have loved a cash offer above list. Congratulations!!! Seems the market is changing over to a sellers market in many places.

I'm pretty close to same place as you only a few years younger. Will be giving Megacorp 6 weeks notices. Hope I don't get let go immediately.
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Old 05-05-2013, 06:04 AM   #8
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Welcome to Arkansas!!
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Old 05-05-2013, 07:26 AM   #9
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Welcome to Arkansas!!
Thanks! We love the area.
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Old 05-05-2013, 08:07 AM   #10
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Do you mind saying which suburb of Dallas and how much per square foot you got for your house?
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Old 05-05-2013, 08:28 AM   #11
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Hey NV, great news on the home sale! Congrats on your move to a nice area, and less work -
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Old 05-05-2013, 08:38 AM   #12
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Do you mind saying which suburb of Dallas and how much per square foot you got for your house?
PM sent
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Old 05-05-2013, 09:06 AM   #13
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Are there seagulls in Arkansas? I don't recall any when I lived there.
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Old 05-05-2013, 09:18 AM   #14
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Are there seagulls in Arkansas? I don't recall any when I lived there.
Ha ha. A remnant of my travels to San Francisco.
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Old 05-05-2013, 12:55 PM   #15
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Are there seagulls in Arkansas? I don't recall any when I lived there.
I have traveled over most of the counrty, and my observation is that wherever there is a Macdonalds, there are gulls. I think it's the fries.
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