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Old 07-09-2019, 10:19 AM   #1981
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Had a 2-hour consultation with a CFP yesterday (free through my 457 plan). As we suspected, we are completely FI and good to go for travel, future home purchase and other plans! But my healthcare is the boogeyman (DH has VA disability coverage), so we're working until the next presidential administration is firmly in place - whatever that may hold. In the meantime, we are earning fun money (or future healthcare funding). I'm feeling a great sense of relief.
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Old 07-09-2019, 10:28 AM   #1982
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Originally Posted by Boose View Post
Had a 2-hour consultation with a CFP yesterday (free through my 457 plan). As we suspected, we are completely FI and good to go for travel, future home purchase and other plans! But my healthcare is the boogeyman (DH has VA disability coverage), so we're working until the next presidential administration is firmly in place - whatever that may hold. In the meantime, we are earning fun money (or future healthcare funding). I'm feeling a great sense of relief.
Congratulations, Boose! That extra fun money will be nice to have in retirement. I did the same thing; worked for 2 years past when I was FI in order to qualify for retiree health insurance, and continued saving as always during those 2 years. So now that I have retired, I have extra fun money too.
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Old 07-09-2019, 05:14 PM   #1983
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Turned in my notice today. Will RE at the end of this month, a bit shy of my 51st birthday
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Old 07-09-2019, 05:33 PM   #1984
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Turned in my notice today. Will RE at the end of this month, a bit shy of my 51st birthday
Congratulations on making the decision and pulling the trigger! I'm only 3 weeks into ER but it has been fantastic so far!
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Old 07-09-2019, 09:05 PM   #1985
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Investments hit $2.7M last week and NW hit $3.7M. I'm looking forward to being RE in a month or so.


Congrats, flybynight! We’re looking at eerily similar numbers with a RE date of Sep-30. Best of luck with your transition to whatever comes next.
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Old 07-09-2019, 10:25 PM   #1986
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Both kids went off the payroll in June. DD was married. DS graduated with a CS degree and is now programming and earning his own $.
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Old 07-10-2019, 06:54 AM   #1987
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Congrats, flybynight! We’re looking at eerily similar numbers with a RE date of Sep-30. Best of luck with your transition to whatever comes next.
Thanks Downtown. I just read your FIRE post and we are very similar. I have no pensions and the only real estate is our residence ~$325K. My big spread in investments to NW is a discounted value for illiquid company stock that will be monetized at some point in the future.

This RE business is anxiety provoking but at 57 I'm really getting excited to start my next chapter. Best of luck to you as well!
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Old 07-14-2019, 09:20 AM   #1988
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Celebrate a new milestone on your journey to FIRE with us! Did you just pay off your mortgage, reach financial independence, or pass a nice round number on your way to FI? Tell us of your accomplishments here!
So, in May we reached our first milestone of 1-M in Investments and cash
That being said, I also am aware that it is because of the market surge and that we are also due for a correction, or worse a recession. Which brings me to my point (my apologies long winded), just turning 59 and planning on retirement here at 60 DW is 6 years older and will collect SS next April at 66.
I have a mil pension, will have small gov pension, wife has gov pension, SS. All in all after tax we will take home 9K until I can get SS at either 62/67?
I want to ER I guess; however, I think I am just a little uncertain of our economy, our politics as a nation, etc. Anyone else in the proverbial "boat"?
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Old Yesterday, 08:21 PM   #1989
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Here is my planned milestones (I don't often look into the past - it's a dangerous thing to feel that I have accomplished something).


The projections below are based on my current income and the saving/invest rate. Single with no debt. I am working on increasing my income for the next 10 years. After that I don't think I need to have income or social security anymore and should be able to become self insured.


Even by 2037 the spending power is only 2/3 of what is today, I will still have $4M to retire on comfortably based on the investment gain.


https://drive.google.com/file/d/11pO...oMTWE9NnU_yZ6x
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