Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Please review my FIRE plan
Old 09-02-2015, 06:31 PM   #1
Thinks s/he gets paid by the post
SecondCor521's Avatar
 
Join Date: Jun 2006
Location: Boise
Posts: 2,401
Please review my FIRE plan

Hi all,

I haven't posted here in a while, and I probably won't post much.

But I am coming up on FIRE, and I respect your opinions, so I am posting to ask for anyone who would like to to review my FIRE plan.

The document is at https://drive.google.com/file/d/0ByT...ew?usp=sharing

The middle column is the most important - it lists what I plan to do and when. The "when" is either a day of the year (for annual things), a year (for one time things far in the future), or a date relative to my target fire date of 19 February 2016. Stuff in red text is stuff I still need to figure out, and stuff that is crossed out is already done.

I would especially appreciate anything that I may have missed, or may be mistaken on, or haven't figured out yet.

For those of you who remember me and are interested, I'm doing fine and looking forward to ER. Kids are happy, healthy, safe, and working on becoming self-sufficient. Cat is healthy and spoiled.

Thanks and regards,

2Cor521
__________________

__________________
"At times the world can seem an unfriendly and sinister place, but believe us when we say there is much more good in it than bad. All you have to do is look hard enough, and what might seem to be a series of unfortunate events, may in fact be the first steps of a journey." Violet Baudelaire.
SecondCor521 is online now   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 09-02-2015, 07:21 PM   #2
Moderator
rodi's Avatar
 
Join Date: Apr 2012
Location: San Diego
Posts: 8,804
Welcome back. I remember you and wondered where you'd gone. IIRC you started the class of 2016 thread.

I have a quick glance at the list. It has a lot of details. I think what you have is fine. One note- you list scheduling your exit interview... My experience is that HR contacts you... Not the other way around. But each megacorp is different.
__________________

__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 7%, rental income 18%
rodi is offline   Reply With Quote
Old 09-02-2015, 08:13 PM   #3
Recycles dryer sheets
inky's Avatar
 
Join Date: Apr 2009
Posts: 125
What a great list. Can't think of anything you've missed. I got some good ideas from it. Favorite tip:

Quote:
Originally Posted by SecondCor521 View Post
Have colonoscopy without anesthesia
(safer, cheaper, not that bad)
__________________
inky is offline   Reply With Quote
Old 09-02-2015, 08:18 PM   #4
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,075
Ouch...
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 09-02-2015, 09:26 PM   #5
Dryer sheet aficionado
Sycamore's Avatar
 
Join Date: Feb 2012
Posts: 48
I like this plan, focuses on non-financial topics that are important.

Thanks for sharing.
__________________
Sycamore is offline   Reply With Quote
Old 09-03-2015, 12:16 PM   #6
Full time employment: Posting here.
 
Join Date: Dec 2010
Location: Southern California
Posts: 916
Not sure if any applies:

- consider refinancing mortgage
- consider term life insurance amounts since you have kids
- consider taking advantage of any employer partner discount programs (my employer offers discounted movie tickets, so I would buy a handful for future use, also purchased discounted Microsoft software for home use)
- consider stocking up on employer stationary goods (LoL) just kidding
__________________
Aiming_4_55 is offline   Reply With Quote
Old 09-03-2015, 04:29 PM   #7
Thinks s/he gets paid by the post
Cobra9777's Avatar
 
Join Date: Jul 2012
Location: Texas
Posts: 1,132
Thanks for the YouTube link. I'm still grinning ear to ear.
__________________
Retired at 52 in July 2013. On to better things...
AA: 55% stock, 15% real estate, 27% bonds, 3% cash
WR: 2.0% SI: 2 pensions, some rental income, SS later
Cobra9777 is online now   Reply With Quote
Old 09-04-2015, 01:22 PM   #8
Thinks s/he gets paid by the post
SecondCor521's Avatar
 
Join Date: Jun 2006
Location: Boise
Posts: 2,401
Thanks all for the replies.

@rodi, thanks for remembering me! I started the Class of 2014 thread here. I reached basic FI in July 2013 but the job was good and I wanted more padding. The job started turning south about 18 months ago and got even worse about six months ago, so I'm going to take a sabbatical starting in November and (probably) RE in February. You're right about the exit interview probably - I think what I will do is just ping my HR representative and let her know I've resigned, and then let her schedule it with me if/when she wants.

@inky/REWahoo - not sure where I picked that tip up but I'm in favor of safety and cheapness. If I'm still around these boards in 2019 I'll try to remember to report back.

@Aiming_4_55 - Thanks for the suggestions. No mortgage in my case, and no life insurance needed - I am single and my youngest is almost 14; if I croak early my retirement funds are sufficient to finish launching my kids. They do have a company store with discounted movie tickets to the premium theater, but I figure in FI I can either use the library, or RedBox, or the cheap theaters. I'm not picky.

@Cobra9777 - I assume you mean the "Where the H*ll is Matt?" YouTube. It's one of my all-time favorites, and I want my parting words to my colleagues to be positive and encouraging rather than vindictive/sour/arrogant. Glad you liked it.

Thanks to everyone for the feedback...more opinions and comments welcome - I want to do all the due diligence on my plan that I can.

2Cor521
__________________

__________________
"At times the world can seem an unfriendly and sinister place, but believe us when we say there is much more good in it than bad. All you have to do is look hard enough, and what might seem to be a series of unfortunate events, may in fact be the first steps of a journey." Violet Baudelaire.
SecondCor521 is online now   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
Please review my plan (split from another thread) omysteve FIRE and Money 18 11-16-2014 09:31 AM
Please Review this Portfolio Proposal bUU FIRE and Money 72 05-30-2013 06:42 AM
Review/Validation Please poorcarver Hi, I am... 18 03-25-2013 01:47 PM

 

 
All times are GMT -6. The time now is 02:31 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.