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Old 06-15-2018, 01:01 AM   #1741
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Quick update, due to market gains and a steady savings rate DW and I just surpassed the 500k threshold in cash/assets! Thank you all for the great advise and motivational comments, Iíve gained so much since Iíve joined!


Update, DW and I just passed the 600k mark! Looking to lower expenses and increase our savings rate even more!
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Old 06-15-2018, 11:05 AM   #1742
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A milestone of Declaration. During my annual performance bequeath (bonus) meeting, I told my boss’ boss I’d like more vacation than allotted by megacorp’s formula.
This was a bit brave as I’m not FI yet and this sort of desire is not within the company culture. I predicted at least a 1% chance I’d be invited to resign on the spot.
However, I was told I could take all the vacation I wanted as long as all my work was done. This is what I expected and is effectively a denial, as part of my job is planning and forecasting. How can that work ever be done?
Anyway, I still plan on taking extra vacation. The damage is done; I’ve now openly declared myself as someone who would rather be somewhere else than work. I’m a malcontent.
Hopefully I reach FI before the situation comes to a head and I’m shown the door. Megacorp has treated me fairly enough and I don’t relish the idea of toiling for one of our competitors. In the meantime, I’m gonna enjoy those bonus vacation days.
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Old 06-15-2018, 11:06 AM   #1743
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Update, DW and I just passed the 600k mark! Looking to lower expenses and increase our savings rate even more!
Bravo!

Looks like you’ve been able to sock away $150k in less than a year. That is impressive!
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Old 06-15-2018, 12:08 PM   #1744
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Not really a milestone, but my original FIRE date was June, 2021. I decided this week that I just can't take it any more. I'm tired of the internal politics, bureaucracy, etc. In January, 2019, I'm giving my 60 day notice (60 days required by contract). The only reason to even continue until the end of the year is for the end of year bonus.

So that puts me at just over 6 months until FIRE.
Congrats! You are almost there. I left mid-year 2017. Since I w*rked half the year, I took half of my 20 days vacation. A few months after leaving, I Get a check for 10 days' pay. A wonderful surprise! I also knew I would only get 1/2 of my bonus, but over time, I just completely forgot about it. So in February, I see an unexpected deposit of several thousand dollars. I drilled in and saw that it was that forgotten bonus. Just a couple of scoops of ice cream on the ol' retirement cake!
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Old 06-15-2018, 07:02 PM   #1745
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Last year on June 15 was my last day on the payroll (it was a Saturday). So Yay!, one year in.
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Old 06-16-2018, 01:26 AM   #1746
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Iíve now openly declared myself as someone who would rather be somewhere else than work. Iím a malcontent.
Viva la resistance! That takes guts and good for you. Us round pegs are not meant to fit into square holes.
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Old 06-29-2018, 12:14 PM   #1747
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My milestone was waiting for the package. I was ready to go at 57 but was also had no issue waiting. I was confident that it would happen.

In our jurisdicition/our company based on age, service, position I expected to get a 22-24 month plus benefits, etc. payout.

Two years later that milestone came, as I knew it would. The hard part was not displaying how thrilled I really was to get the chop. It was well worth the wait.
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Old 06-29-2018, 08:36 PM   #1748
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My milestone was waiting for the package. I was ready to go at 57 but was also had no issue waiting. I was confident that it would happen.

In our jurisdicition/our company based on age, service, position I expected to get a 22-24 month plus benefits, etc. payout.

Two years later that milestone came, as I knew it would. The hard part was not displaying how thrilled I really was to get the chop. It was well worth the wait.
That is an awefully generous package. What industry/position were you in that gives those packages. Good for you! Enjoy your RE.
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Old 06-30-2018, 01:17 AM   #1749
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well i retired in January 2017 , the problem i wasn't financially independent at the time , ( i was planning for January 2020 )

the good news is i am medically restricted from so much stuff , i have no choice but to spend less , now can i improve the nest egg sufficiently
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Old 08-01-2018, 11:25 AM   #1750
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We crossed a couple of significant milestones this morning: liquid assets crept up over $1.6M, and total net worth juuuuuust north of $2.5M. We have a stock-heavy portfolio, and the run up in the market over the last couple of years has been huge. I still have 10-12 years to go, but itís nice to see the numbers going up!
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Old 08-01-2018, 11:43 AM   #1751
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We crossed a couple of significant milestones this morning: liquid assets crept up over $1.6M, and total net worth juuuuuust north of $2.5M. We have a stock-heavy portfolio, and the run up in the market over the last couple of years has been huge. I still have 10-12 years to go, but itís nice to see the numbers going up!
Excellent!!
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Old 08-01-2018, 12:10 PM   #1752
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Just got back from helping DD move to start her PhD program. Bank of dad is officially closed. (Yeah, I know, thatís theoretical).
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Old 08-01-2018, 12:34 PM   #1753
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I started tracking my spending last August. Then started looking at ways to cut spending. Sold the expensive cars last fall and replaced them with cheaper cars. Sold the big, high property tax and insurance house in the spring of this year and moved into a much smaller and efficient one. Cut the cord on cable. Got rid of excess features on cell phone plan. Increased deductibles on auto insurance and dropped to liability only for the cars (replacement value is pretty low). So, after 11 months, the monthly bills and expenses are down from $5,000+ to $3,000 and some change. It's like I got a $24,000 raise, tax free!
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Old 08-01-2018, 03:31 PM   #1754
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Funny this post came up today. Three years to the day of ER. Life is good and the portfolio is 26% higher than three years ago even after living expenses. Let the good times roll!
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Old 08-02-2018, 03:20 PM   #1755
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Not directly a financial milestone but a big one nonetheless.

Our eldest son is moving the DC area to start his first post college job for a cyber security startup company.
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Old 08-05-2018, 09:54 AM   #1756
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I started tracking my spending last August. Then started looking at ways to cut spending. Sold the expensive cars last fall and replaced them with cheaper cars. Sold the big, high property tax and insurance house in the spring of this year and moved into a much smaller and efficient one. Cut the cord on cable. Got rid of excess features on cell phone plan. Increased deductibles on auto insurance and dropped to liability only for the cars (replacement value is pretty low). So, after 11 months, the monthly bills and expenses are down from $5,000+ to $3,000 and some change. It's like I got a $24,000 raise, tax free!
Well done!

I think you started with expenses of ~$7k/mo about a year ago, which makes this all the more impressive. Would like to see a summary of how youíve essentially cut your expenses in half; it would be useful to the FIRE community. Do you feel deprived/miss anything? Any regrets?
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Old 08-05-2018, 10:19 AM   #1757
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After 26 months into retirement my portfolio is 23% more then when I retired. This is after all expenses from 26 months of living off of my portfolio. I would never have guessed that would be the case.
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Old 08-05-2018, 02:10 PM   #1758
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My wife and I just cracked $2 million combined retirement/non-retirement savings. $850K non-retirement and $1.15M retirement. We're around $3M net worth including house, life insurance, etc.
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Old 08-08-2018, 07:28 PM   #1759
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I started tracking my spending last August. Then started looking at ways to cut spending. Sold the expensive cars last fall and replaced them with cheaper cars. Sold the big, high property tax and insurance house in the spring of this year and moved into a much smaller and efficient one. Cut the cord on cable. Got rid of excess features on cell phone plan. Increased deductibles on auto insurance and dropped to liability only for the cars (replacement value is pretty low). So, after 11 months, the monthly bills and expenses are down from $5,000+ to $3,000 and some change. It's like I got a $24,000 raise, tax free!
That is ridiculously Awesome!!!!! Wish I could convince SO to cut out expenses and downsize....
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Old 08-10-2018, 12:01 PM   #1760
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Just crossed $2M invested in my own accounts today (not counting my DH's savings). It was 4 years and 1 month ago that I posted crossing the $1M mark.
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