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Old 10-07-2018, 02:29 PM   #1801
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^ Good for you but it will be the longest year and a half you have every lived.
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Old 10-07-2018, 03:05 PM   #1802
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Originally Posted by Talkjk View Post
Told my business partner this week that May 2020 I will retire. Man what a relief that was. Now its a sprint to RE
That's in 572 days or 13,728 hours, 81 weeks and 5 days
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Old 10-08-2018, 09:11 AM   #1803
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My 2004 Cavalier has become the official go-to car for my DS and DDIL to go into the seedy part of town.
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Old 10-08-2018, 04:09 PM   #1804
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Spent all day Saturday with my nose in a spreadsheet working on evaluating an early retirement opportunity.

Good news:
If approved, it would make late spring 2019 retirement possible, as opposed to early 2020.

Bad news:
Using our current spending rate, removing a few obvious things like commuting and parking, we're $600-$1000 a month short to age 62 (roughly 3 years) at a 3.3% draw from retirement funds. This applies at either retirement date.

To keep the plan realistic, I didn't try too hard to reduce our expenses on paper. Plan is for my wife to take SS at 62, and for me to delay until 65.

This seems like a manageable problem, especially as we're open to working part-time, but still a problem. Going to keep watching expenses month to month, especially as we have an adult child who has just started working full-time.
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Old 10-08-2018, 04:44 PM   #1805
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Yes. we have about 1 M in RE - with 25K/year in income

My milestone - pay off last rental property in 2019.
Start DH SS in 2019 and mine in 2025.

IN 2020, I work part time only
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Old 10-12-2018, 12:50 PM   #1806
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I just called Penfed to authorize and wire the final mortgage payment. This is my first discrete, non-arbitrary, milestone. My heart is in my throat, and my shoulders feel light. Any idea on when I should see the deed?

I very well could be just months from semi-FIREd. The drudge of working through the weekend is more bearable today.
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Old 10-12-2018, 12:57 PM   #1807
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i just called penfed to authorize and wire the final mortgage payment. This is my first discrete, non-arbitrary, milestone. My heart is in my throat, and my shoulders feel light. Any idea on when i should see the deed?

I very well could be just months from semi-fired. The drudge of working through the weekend is more bearable today.
niiiice!!!!
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Old 10-12-2018, 04:42 PM   #1808
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Quote:
Originally Posted by cooch96 View Post
I just called Penfed to authorize and wire the final mortgage payment. This is my first discrete, non-arbitrary, milestone. My heart is in my throat, and my shoulders feel light. Any idea on when I should see the deed?

I very well could be just months from semi-FIREd. The drudge of working through the weekend is more bearable today.
Congrats, that's a big milestone.
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Old 10-12-2018, 05:02 PM   #1809
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Quote:
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I just called Penfed ...... Any idea on when I should see the deed?
.
We paid off Penfed loans on the N and S houses. It took months before we saw the deeds. Do make sure the loan satisfaction gets recorded at the county and a call or two to PenFed can't hurt.

Congrats!
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Old 10-12-2018, 05:13 PM   #1810
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Lost 2x my annual withdrawal this week. And I didn't panic. That's a BIG milestone. I wasn't retired in 2008... so I wasn't sure how I'd do with multi day big drops....

I did have to field a few panic calls from my BIL who is very nervous about the market.... told him to let it ride and when the dust settles, rebalance. Seemed to talk him off the ledge of selling everything and buying annuities. (That's his goto plan whenever the market dips... until I talk him out of it.)
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Old 10-13-2018, 11:13 AM   #1811
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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.
After this dip, I'm no longer a $2 Millionaire. I guess I'll get to celebrate this milestone again someday in the future.
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Old 10-13-2018, 11:14 AM   #1812
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After this dip, I'm no longer a $2 Millionaire. I guess I'll get to celebrate this milestone again someday in the future.
Maybe several times.
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Old 10-13-2018, 11:55 AM   #1813
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After this dip, I'm no longer a $2 Millionaire. I guess I'll get to celebrate this milestone again someday in the future.
Iíve tracked my net worth for years. Back in Ď08 - to about Ď10, it bounced back and forth over a significant milestone several times and then took off over several more in no time. Just keep doing what youíre doing and the pile will grow bigger.
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