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Old 03-16-2016, 12:47 PM   #1081
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Not sure if this is exactly a milestone, but I ERd about 6 months ago and my portfolio has appreciated more than what my salary would have been for those 6 months. With all the talk about how devastating it is if your portfolio loses value in the first few years of ER, it makes me feel a lot better. But I also know not to expect this growth forever. Still, it is nice to start ER with a cushion.
May i ask HOW you made any money in the last 6m?
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Old 03-16-2016, 02:42 PM   #1082
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May i ask HOW you made any money in the last 6m?
Because that post was from March 2013!
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Old 03-16-2016, 05:29 PM   #1083
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DW and I are both suddenly experiencing FIRE milestones, and not the way we intended.
Sorry to hear about the health problems. I hope you are both back to health soon and are able to step up your ER date.
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Old 03-16-2016, 07:02 PM   #1084
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Thanks for all of the kind comments above. There is a lot of expert food for thought from the unique perspective of this forum about the interplay of health/work/OMY. I suspect and hope we are the types who will pull the plug on w*%k as soon as viable rather than get lost in OMY Land, and that we'll use these episodes as motivation to FIRE. We've often used the wry and macabre motto for life's inevitable challenges, "What doesn't kill us only makes us stronger". Well, now that sh*t seems to be actually TRYING to kill us, we'll show it - initially by going on vacation for R&R somewhere fun just as soon as possible! Thanks.
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Not a big milestone, but...
Old 03-16-2016, 08:54 PM   #1085
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Not a big milestone, but...

Just finished a great dinner my wife cooked, along with a nice bottle of wine.
We went out on our porch, looked at the 2000 foot mountain a mile away and just sat there and enjoyed the sunset,together. Life does not get better.
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Old 03-21-2016, 02:48 PM   #1086
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Very recently I have hit 25x current spending in investments. This isn't 25x one of my proposed retirement budgets, but 25x my current spending including mortgage payments, extra payments to principle on mortgage, eating out, traveling, etc. Basically what I spend without thinking about it. If I limit to my retirement budget, I'm at better than 33x, and if I pay off my house, I am at 40x expenses. I feel I am definitely FI, and now have started the OMY dance.
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Downsizing: The Closing Chapter Is Almost Here!
Old 03-21-2016, 04:07 PM   #1087
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Downsizing: The Closing Chapter Is Almost Here!

Our family "dream home" is now under contract, I have received estimates from two moving companies, and am now looking for a company to stage my smallish tag sale. It looks like I'll be moving into my condo by the end of April. (Bought condo last fall, got it all spruced up with new paint and flooring, and have been moving stuff over there throughout the winter.)

So, it looks like my 14-month downsizing project (after DH passed away in Jan., '15) is reaching fruition.

I can almost taste the freedom of condo living...........

(And am thrilled that the young family buying my house loves it for same reasons DH, DS, and I did: 400 acres of parkland in the backyard for their 3 young children to play in, a large flat front yard, a safe neighborhood filled with kids, and a great town where they will only walk 1/2 mile to school, K-12.) DH would be so happy.

And I've thoroughly enjoyed writing those modest monthly checks for the HOA fees. "Life of Travel" here I come!!

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Old 03-21-2016, 04:41 PM   #1088
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Our family "dream home" is now under contract, I have received estimates from two moving companies, and am now looking for a company to stage my smallish tag sale. It looks like I'll be moving into my condo by the end of April. (Bought condo last fall, got it all spruced up with new paint and flooring, and have been moving stuff over there throughout the winter.)



So, it looks like my 14-month downsizing project (after DH passed away in Jan., '15) is reaching fruition.



I can almost taste the freedom of condo living...........



(And am thrilled that the young family buying my house loves it for same reasons DH, DS, and I did: 400 acres of parkland in the backyard for their 3 young children to play in, a large flat front yard, a safe neighborhood filled with kids, and a great town where they will only walk 1/2 mile to school, K-12.) DH would be so happy.



And I've thoroughly enjoyed writing those modest monthly checks for the HOA fees. "Life of Travel" here I come!!




That is very exciting news. Congrats!



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Old 03-25-2016, 01:16 PM   #1089
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Got all the info loaded into Turbo Tax from last year (my first full year of retirement) and found that all is well. I won't need to worry about my income for the rest of my life. I learned the beauty of "qualified dividends" too, I vastly over estimated my federal liability which resulted in not having to make any estimated payments next year as well as getting a nice refund.

Yeah I know "thanks for the free dough", but hey I never did this before -
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Old 03-25-2016, 06:42 PM   #1090
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I am 42 and just retired. I beat my old friend who is 45. I pretty much don't feel like I am in retirement because I also just had a son who is taking all my time. We can't travel, can't enjoy dining, and can't enjoy a night out.

I was able to retired because my colleagues and I co-invented a prostate cancer drug and I still can't believe it's helping patients. That's an achievement that I never thought I would even be able to fathom it. My wife at 33 is also retired so we are both are home taking care of our infant.

Once he's a little older, we may begin to enjoy our retirement.

Best wishes to all the retirees out there!
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Update
Old 03-25-2016, 07:52 PM   #1091
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Update

31 and recently hit 300k in NW. Mostly in equities and a bit of real estate equity. Not really close to FI, but happy with the accomplishment so far. Hoping it will start to accelerate a bit from here although I feel 500k is where it will really start to take off. Target is still 45 years old but I suppose if I can ramp up my income 40 might be possible in some capacity but I am not getting my hopes up at this point.
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Share your FIRE Milestones
Old 03-26-2016, 09:34 AM   #1092
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Share your FIRE Milestones

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I co-invented a prostate cancer drug
That's fantastic! Enjoy being FIREd.
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Old 03-26-2016, 02:09 PM   #1093
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31 and recently hit 300k in NW. Mostly in equities and a bit of real estate equity. Not really close to FI, but happy with the accomplishment so far. Hoping it will start to accelerate a bit from here although I feel 500k is where it will really start to take off. Target is still 45 years old but I suppose if I can ramp up my income 40 might be possible in some capacity but I am not getting my hopes up at this point.
Keep at it, you are doing great.
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Old 03-26-2016, 02:16 PM   #1094
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Our family "dream home" is now under contract, I have received estimates from two moving companies, and am now looking for a company to stage my smallish tag sale. It looks like I'll be moving into my condo by the end of April. (Bought condo last fall, got it all spruced up with new paint and flooring, and have been moving stuff over there throughout the winter.)

So, it looks like my 14-month downsizing project (after DH passed away in Jan., '15) is reaching fruition.

I can almost taste the freedom of condo living...........

(And am thrilled that the young family buying my house loves it for same reasons DH, DS, and I did: 400 acres of parkland in the backyard for their 3 young children to play in, a large flat front yard, a safe neighborhood filled with kids, and a great town where they will only walk 1/2 mile to school, K-12.) DH would be so happy.

And I've thoroughly enjoyed writing those modest monthly checks for the HOA fees. "Life of Travel" here I come!!

Congrats LitGal! We love condo living and the "lock and leave" simplicity for travel. I'm happy for you!

SIS
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Old 03-26-2016, 02:18 PM   #1095
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I am 42 and just retired. I beat my old friend who is 45.
Just because you are retired that's no reason to resort to violence!

Just kidding. Congrats to you on your next adventure!
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Old 03-26-2016, 03:49 PM   #1096
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I am 42 and just retired. I beat my old friend who is 45. I pretty much don't feel like I am in retirement because I also just had a son who is taking all my time. We can't travel, can't enjoy dining, and can't enjoy a night out.

I was able to retired because my colleagues and I co-invented a prostate cancer drug and I still can't believe it's helping patients. That's an achievement that I never thought I would even be able to fathom it. My wife at 33 is also retired so we are both are home taking care of our infant.

Once he's a little older, we may begin to enjoy our retirement.

Best wishes to all the retirees out there!


Wow! Congratulations on your freedom to enjoy your family full-time, at such a young age! And thank you for inventing that drug. (Maybe we should regret that you retired..............if you had continued, maybe there were three or four other drugs you could have invented?)

But, yes, life is short. (And because my DH worked in the pharmaceutical industry, I know how long it can take to get a drug to market. So you are probably much happier not dealing with the FDA and the many steps in the process.)

Thanks for everything you did to fight prostate cancer.

Now, at least, you can stay home in the AM and enjoy your coffee (if you were up during the night with your son).

Enjoy!
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Old 04-08-2016, 12:59 PM   #1097
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Coming up on 2 years of retirement and everything looks peachy. Got the taxes done and I have a good handle on my cash flow and know what that's all about.

The first year was all about consolidating investments and looking for my next wife. First wife died 5 years ago and about 4 years after that I thought I was ready for "dating"

So after consolidating 401K's and IRA's and diversifying equities and investing in municipal bonds for even more stability I calculated my net worth. that was about 20 months ago. Today a real estate agent stopped by to invite me to his "open house" just down the street. It's the same model house I own so I looked up the price and drug out the binder and did the net worth calculation and found that it was the same as the first time I did it. Cool.

I claimed on my deceased wife's social security account at 60 and it is just a small amount as she did not make as much dough as I. But it was more dough than I thought it was. It covers my health insurance, all the utilities, garbage & sewer, my premium TV, internet and home phone, my cell service and even the property taxes. More coolness.

After 2 "internet dating girlfriends" didn't work out so well I cancelled the subscriptions and just thought I'd cool it for a while. And then met this nice woman at the dog park. You know the old tale, you meet the best people when you're not looking for them. We will have been going for a year end of this month and are planning marriage in another year.

Life is good. Cash flow is good, net worth is good and it looks like I won't be living alone for the rest of my life either. Sweet -
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Old 04-08-2016, 01:37 PM   #1098
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Great story Robbie and congrats!

Your signature reminded me of myself. I retired at 58 on 12/31/15 and could have done it a year or two sooner but..........
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Old 04-08-2016, 02:10 PM   #1099
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Coming up on 2 years of retirement and everything looks peachy. Got the taxes done and I have a good handle on my cash flow and know what that's all about.

The first year was all about consolidating investments and looking for my next wife. First wife died 5 years ago and about 4 years after that I thought I was ready for "dating"

So after consolidating 401K's and IRA's and diversifying equities and investing in municipal bonds for even more stability I calculated my net worth. that was about 20 months ago. Today a real estate agent stopped by to invite me to his "open house" just down the street. It's the same model house I own so I looked up the price and drug out the binder and did the net worth calculation and found that it was the same as the first time I did it. Cool.

I claimed on my deceased wife's social security account at 60 and it is just a small amount as she did not make as much dough as I. But it was more dough than I thought it was. It covers my health insurance, all the utilities, garbage & sewer, my premium TV, internet and home phone, my cell service and even the property taxes. More coolness.

After 2 "internet dating girlfriends" didn't work out so well I cancelled the subscriptions and just thought I'd cool it for a while. And then met this nice woman at the dog park. You know the old tale, you meet the best people when you're not looking for them. We will have been going for a year end of this month and are planning marriage in another year.

Life is good. Cash flow is good, net worth is good and it looks like I won't be living alone for the rest of my life either. Sweet -
Your story sounds close to mine. DW died well over 6 years ago. I'm coming up on 3 years of retirement. I don't have as good a handle on the cash flow though. Building a house and a son that stayed in college way too long has kept that area somewhat unknown. Finances are doing fine, though.

Congrats on your new relationship. I've been too busy building my home to try the dating thing. Who knows? Maybe there's hope for me in that department yet!
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Same here
Old 04-08-2016, 02:21 PM   #1100
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Same here

So many similar stories. My wife died 10 years ago, and I continued working for something to do. I was active in a grief recovery chat room, and one of the widows there asked me where I lived.
It turned out we lived 40 miles apart, and agreed to meet to put a face with the name. Well, a year and a half later we were married on the Island of Santorini. I retired shortly thereafter.
To paraphrase Hermit:Life is good. Cash flow is good, net worth is good and I won't be living alone for the rest of my life either. Sweet
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