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Old 02-15-2017, 07:43 PM   #1361
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Recently climbed to over $2.75M (not including home). On schedule to reach $3M by September. I can't believe it.

Just turned 50 last month. Looking to FIRE by 55.
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Old 02-15-2017, 07:55 PM   #1362
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Just crossed 2.5 M including house worth @ 400,000. It sure is nice to have a long stretch of good momentum.
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Old 02-15-2017, 11:57 PM   #1363
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Nominal portfolio value at a record high, despite having no j*b income for over 3 years.
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Share your FIRE Milestones
Old 02-16-2017, 12:14 PM   #1364
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Share your FIRE Milestones

Today was the first day my assets value (not including equity) went over $1,000,000. I never thought this would occur for me, especially having been retired for two years. I'm a bit awed and grateful for this milestone.
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Old 02-17-2017, 07:02 AM   #1365
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I might be ahead of schedule for hitting $1mil, did my monthly checkup and I'm at $913.5k. Now looks like I COULD hit the mark in the summer, more than a year earlier than my projection 4 years ago. Of course the market might have other plans...

I turn 35 in May and first kid is going be coming out the oven soon, things are going to get interesting
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Old 02-17-2017, 07:07 AM   #1366
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Originally Posted by younginvestor2013 View Post
$409k age 27. Currently saving about $15k per year. It is truly amazing how much the compounding can take off when the market is hot. My conservative estimates don't have me being in the 2 comma ($1m) club (in today's dollars) until age 40 but I am hoping it is more like 35!
That's a great start, you must have been socking away more than 15k a year initially to get such a good start?

FWIW, I was around 200k at 27, and I'm a few months away from 35 now and at $913k, if you come close to keeping pace with what you've done to date you'll hit $1mil well before 40.
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Old 02-17-2017, 11:23 AM   #1367
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Nice Job. the 2M should get you 80K annually prior to taxes at a 4 % burn rate. :-)
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Old 02-17-2017, 11:25 AM   #1368
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Heck, you should be able to walk now lol
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Old 02-23-2017, 05:40 AM   #1369
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I have less than one year on my countdown calendar, and a month ago we hit two million in liquid assets- which puts us at a 3% w/d rate. So I could quit now really, but I said I'd work till Feb of 18, and I think I will.

Yesterday we got an unpleasant (to me) corporate announcement. I came home and kissed my husband in gratitude. We would not be in this situation if it were not for him. Its a lovely feeling to know I can walk out the door whenever I want to, and that I WILL walk out for the last time in less than a year.
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Old 02-23-2017, 11:30 AM   #1370
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Originally Posted by jeffbottman View Post
Just started receiving the most pitiful pension on this board: $500/mo, non-cola! Luckily we've socked away 2.5M with house at 1.0M. And max allowed SS at 70. I'm 60, DW is 64. FIRE is about to be kindled. (I'm anxious)
Most pitiful? Not by a long shot

It is easy to get a slightly skewed version of reality because so many on this forum have some sort of pension (maybe there has been a poll taken on this? If so I'd be interested). But for the vast majority of us in the private sector, $500/mo is exactly $500/mo more than we will be getting. I agree it isn't enough to live on - just pointing out you have lots of company!
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Old 02-23-2017, 11:34 AM   #1371
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Originally Posted by JohnnyBGoode View Post
...many on this forum have some sort of pension (maybe there has been a poll taken on this? If so I'd be interested).
This one is five years old, maybe time for a new one?

Poll:What are your sources of retirement income?
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Old 02-23-2017, 11:43 AM   #1372
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Nominal portfolio value at a record high.
+1. ~5 weeks to RE. This has been a great time for the market to be in rally mode and to pad the NW prior to pulling the plug on w**k. It has been quite hectic on the job YTD with major issues flaring up at customers, and as the senior person in my group I am the go to guy for covering short manpower and putting out fires. I am so ready to be out of here.
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Old 02-23-2017, 11:49 AM   #1373
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Originally Posted by REWahoo View Post
This one is five years old, maybe time for a new one?

Poll:What are your sources of retirement income?
I think the primary flaw in that poll was that it didn't ask if the pension really mattered. My dad has 1 pension, it's less than $150/month. It moved the discretionary spending allowance a smidge...

A better question might be "do you have a pension that has any significant impact on your retirement budget?" to see what pensions "really matter" financially.
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Old 02-23-2017, 12:43 PM   #1374
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Originally Posted by exnavynuke View Post
I think the primary flaw in that poll was that it didn't ask if the pension really mattered. My dad has 1 pension, it's less than $150/month. It moved the discretionary spending allowance a smidge...

A better question might be "do you have a pension that has any significant impact on your retirement budget?" to see what pensions "really matter" financially.
Thanks exnavynuke. I haven't run a poll before so I thought I'd try it based on your suggestion. http://www.early-retirement.org/foru...oll-85562.html
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Old 02-23-2017, 12:57 PM   #1375
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Originally Posted by jeffbottman View Post
Just started receiving the most pitiful pension on this board: $500/mo, non-cola! Luckily we've socked away 2.5M with house at 1.0M. And max allowed SS at 70. I'm 60, DW is 64. FIRE is about to be kindled. (I'm anxious)
I have *TWO* pensions... neither is COLAd. Add them together and it's under $500/month. I ran the calculators without them... but it's enough to cover all the utilities (including telephone/internet/cable).
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Old 02-24-2017, 02:21 PM   #1376
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What's a pension? I've been working for 32 years, not a whiff of a pension. But, I have recently gone over 1.3M in my portfolio, and I can almost see 1.5 from here. Burning the boat in a few months...
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Old 02-24-2017, 02:48 PM   #1377
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Originally Posted by RockLife View Post
What's a pension? I've been working for 32 years, not a whiff of a pension. But, I have recently gone over 1.3M in my portfolio, and I can almost see 1.5 from here. Burning the boat in a few months...
Yep, me too. Private sector, high tech = never even heard of a pension. That being said, there is upside to high tech as well, so no complaints, but it is a completely different world for most folks.

Also, congrats on (almost) 1.5! I love the "burning the boat" phrase
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Old 02-24-2017, 10:31 PM   #1378
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I am 47, original plans was to be FIRE at 55(2025) but will be able to cut it short at 50(2020) and gave the owner 3 years notice yesterday
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Old 02-25-2017, 04:25 AM   #1379
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Investable assets went over $1M for the first time today. On track to retire in 14 months - wife retired in 2009 with a pension. Feels good. If the stock market drops more than 20%, may need to change the date.
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Old 02-25-2017, 01:45 PM   #1380
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I am 47, original plans was to be FIRE at 55(2025) but will be able to cut it short at 50(2020) and gave the owner 3 years notice yesterday
That's great that you could take 5 years off your original plan. Congrats!!
p.s. What color is that Viper

Quote:
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Investable assets went over $1M for the first time today. On track to retire in 14 months - wife retired in 2009 with a pension. Feels good. If the stock market drops more than 20%, may need to change the date.
Congrats! The time will fly by.
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