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11-18-2014, 04:13 PM
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#761
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Recycles dryer sheets
Join Date: May 2013
Location: Ventura
Posts: 67
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Net worth crossed the $2M mark today ($1900K retirement fund + 100K short term savings fund). All calculators say I'm better than good to go for planned retirement at 55 next July.
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11-18-2014, 04:15 PM
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#762
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Recycles dryer sheets
Join Date: Mar 2014
Posts: 164
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 Quote:
Originally Posted by hiker88
Net worth crossed the $2M mark today ($1900K retirement fund + 100K short term savings fund). All calculators say I'm better than good to go for planned retirement at 55 next July.
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Great milestone! Do you plan on staying in CA?
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11-18-2014, 10:15 PM
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#763
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Recycles dryer sheets
Join Date: May 2013
Location: Ventura
Posts: 67
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Quote:
Originally Posted by WannabeRetired
Great milestone! Do you plan on staying in CA?
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I plan to stay here until GF retires, then we move to Arizona, where my retirement funds will go a bit further.
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11-20-2014, 02:39 PM
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#764
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Recycles dryer sheets
Join Date: Jul 2011
Location: Oregon - Dry Side
Posts: 247
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After tax Brokerage account balance reached new all time highs as of close today after selling off hard in late September / October.
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11-20-2014, 03:46 PM
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#765
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Recycles dryer sheets
Join Date: Mar 2014
Posts: 53
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Net worth crossed the 100k mark last month! Next milestone will be 100k Investable assets.
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11-20-2014, 04:01 PM
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#766
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Thinks s/he gets paid by the post
Join Date: Apr 2012
Location: Nashville
Posts: 2,506
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Last week, finally set a narrow[ish] date range. DW jokes that it has been "five more years" for the past 10 years, due to my continued lowering of safe initial withdrawal percentage and lengthening of her "planned for" life expectancy.
__________________
OMY * 3 2ish Done 7.28.17
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11-21-2014, 08:10 AM
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#767
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Thinks s/he gets paid by the post
Join Date: Nov 2013
Posts: 1,049
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Quote:
Originally Posted by 2Birds1Stone
Net worth crossed the 100k mark last month! Next milestone will be 100k Investable assets.
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Congratulations! Hope you pass the next one soon! Keep up the good work.
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11-21-2014, 08:26 PM
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#768
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Recycles dryer sheets
Join Date: Jul 2014
Location: DC 'burbs
Posts: 134
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My Roth IRA crossed over mid-day today into 6 digit territory, but ended the day just a few dollars under that mark. And it looks like all my investments (457b, Roth IRA, & Brokerage) have permanently passed the $500k mark as well. Not FI yet, but its looking more and more do-able.
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11-25-2014, 06:35 PM
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#769
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Dryer sheet aficionado
Join Date: Jun 2011
Posts: 36
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Yesterday's gains pushed us over 3mm for the first time. Hit 1mm at 34 years old in 2007, hit 2mm at 39 in Jan 2013, over 3mm at 41. Started small and just kept putting more and more away as my business grew, kept lifestyle in check.
Sent from my iPhone using Early Retirement Forum
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11-25-2014, 08:13 PM
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#770
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Recycles dryer sheets
Join Date: Mar 2014
Posts: 164
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Big thumbs up, Retire44. Congrats!
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11-26-2014, 08:46 AM
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#771
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Thinks s/he gets paid by the post
Join Date: Jul 2011
Location: The Bay Area
Posts: 2,736
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Quote:
Originally Posted by WannabeRetired
Big thumbs up, Retire44. Congrats!
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+1
That's very impressive Retire44.
I'm curious if you will make AA or other adjustments based on progress, age (3 yrs to FIRE), or other factors?
For example, ~7-8 yrs from our target retirement age, we moved from almost all stocks on a glide path to 60/25/15 just before semi-FIRE in the summer of 2014. We had hit our number (won the game) and started to be driven more by capital preservation and the desire for steady income.
__________________
You may be whatever you resolve to be.
100% x 10% > 10% x 100%
Small pensions & SS cover essentials
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11-26-2014, 09:54 PM
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#772
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Dryer sheet aficionado
Join Date: Jun 2011
Posts: 36
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Quote:
Originally Posted by Huston55
+1
That's very impressive Retire44.
I'm curious if you will make AA or other adjustments based on progress, age (3 yrs to FIRE), or other factors?
For example, ~7-8 yrs from our target retirement age, we moved from almost all stocks on a glide path to 60/25/15 just before semi-FIRE in the summer of 2014. We had hit our number (won the game) and started to be driven more by capital preservation and the desire for steady income.
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We had that conversation with our fee based FA last year about this time, that we will probably start to pile up some cash and start to reduce our stock exposure the next few years.
While my FIRE goal is just 3 years away, I don't expect to walk completely away unless things go VERY well the next 3 years. I am thinking I will cut my business back to 4 months of part time work over the winter months (home office) and make enough to pay the bills and not need to touch our investments maybe for 3-6 years, and give me something to do when it's too cold to do anything else! I guess it's FIRE with an insurance plan?
Right now, just focused on saving and getting to the point we can make decisions!
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11-27-2014, 05:18 AM
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#773
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Recycles dryer sheets
Join Date: Nov 2014
Location: Texas
Posts: 164
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New to the thread 53 hit the new high at over 500k in 401k vanguard plus pension lump sum puts us over 1m. Thankful for all I have saving hard to hit 2m is the goal. Any advise would be helpful. Saving with employer 52k a year. Next goal Payoff house in 2 to 3 years
Sent from my iPhone using Early Retirement Forum
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11-30-2014, 01:37 PM
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#774
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Full time employment: Posting here.
Join Date: May 2011
Posts: 873
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Quote:
Originally Posted by Retire44
Yesterday's gains pushed us over 3mm for the first time. Hit 1mm at 34 years old in 2007, hit 2mm at 39 in Jan 2013, over 3mm at 41. Started small and just kept putting more and more away as my business grew, kept lifestyle in check.
Sent from my iPhone using Early Retirement Forum
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Congrats retire44. Looks like you are doing well!
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11-30-2014, 01:44 PM
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#775
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Dryer sheet aficionado
Join Date: Apr 2014
Location: OBX, NC
Posts: 27
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Not quite the milestone of so many others here, but my savings and investments powered on past the 500K mark Friday.
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12-03-2014, 06:46 PM
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#776
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Recycles dryer sheets
Join Date: Aug 2013
Posts: 484
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With 5 months of high withdrawal rate (pre SS) retirement already on the books, I was pleased to see our net worth was still climbing, albeit only slightly. But then I followed up on a letter received in the mail regarding my 401k and found there had been another unanticipated company contribution deposit as part of the company being sold since my retirement. NW is definitely up now. Life is good! 
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12-03-2014, 07:11 PM
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#777
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Thinks s/he gets paid by the post
Join Date: Nov 2013
Posts: 1,049
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Invested assets up and down the $800k mark over the last week, $70k cash and total net worth $945k. Won't hit seven figures before 40, but hopefully during 2015!
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12-24-2014, 12:35 PM
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#778
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Full time employment: Posting here.
Join Date: May 2014
Posts: 986
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Joint investment assets just crossed the $1.5M milestone for the first time on this Christmas eve. Not FI yet.
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12-28-2014, 10:45 PM
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#779
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Recycles dryer sheets
Join Date: Feb 2012
Posts: 104
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Finishing up my first year of retirement at 57. I spent more than I thought I would, but the investment gains still put me ahead of my projections. I Should be paying off a car and finishing up on some other things that will help with spending this next year. I have to say it's been a great first year. 
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12-29-2014, 12:51 PM
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#780
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Thinks s/he gets paid by the post
Join Date: Feb 2012
Location: Tampa Bay Area
Posts: 1,866
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I've set up my accounts to "oay myself" during retirement. I set up a new savings account with one years worth of budgeted expenses with a monthly transfer to checking of 1/12th of the total. From now until ER I will pay all bills from that single checking account (was previously paying bills out of two accounts but will move all automatic payments to the single account). Since I will hae 3 months income credited that checking account I will manually move to my "normal" savings account so that I don't corrupt the system.
(As an aside, I have another years worth of expenses in savings and another 2 years of expenses in short term bonds as part of my AA).
Not a financial milestone, but a very big mental leap.
__________________
"For the time being no discipline brings joy, but seems grievous and painful; but afterwards it yields a peaceable fruit of righteousness to those who have been trained by it." ~
Hebrews 12:11
ER'd in June 2015 at age 52. Initial WR 3%. 50/40/10 (Equity/Bond/Short Term) AA.
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