Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 10-01-2013, 04:11 PM   #61
Recycles dryer sheets
 
Join Date: Jan 2013
Location: Camas, WA
Posts: 96
Quote:
Originally Posted by LoneAspen View Post
It's everything I can do to not jump ship early at the place I'm at. It's starting to drive me crazy. We've gone from 50 people when I joined, to almost 500, and it feels like a "big" company to me.

(and yes, I know what truly big companies feel like, because I've worked for places like HP years ago)

I hate it. Instead of getting work done, now I get dragged into meetings where we just TALK about getting work done.

God grant me the ability to just suffer through another 17 months, and then I'm throwing off the golden handcuffs and getting outta there.
omg, I could have written this post! Nice to know there are others out there. It eases the suffering
__________________

__________________
cinman2000 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 10-01-2013, 04:15 PM   #62
Recycles dryer sheets
 
Join Date: Jan 2013
Location: Camas, WA
Posts: 96
Quote:
Originally Posted by Al18 View Post
I'm be joining this class in June 2015 at the age of 52. I just hit my number today, and will be working between now and then to fill three more buckets - for roof replacement, new car and that big 'unplanned' expense.
I am 200k away from my number and my unplanned buckets are already included. If the market stays on track, I may be FIRE earlier than planned. Still nervous that the market might correct as soon as I announce. Good problem to have
__________________

__________________
cinman2000 is offline   Reply With Quote
Old 10-02-2013, 01:13 PM   #63
Recycles dryer sheets
ikubak's Avatar
 
Join Date: Dec 2007
Posts: 388
Ok, how about a few updates? I've the following:

545 more days OR
77 weeks and change OR
17 months and change OR
316 days +/- that I actually have to work
__________________
Retire date Jan. 5, 2018
ikubak is offline   Reply With Quote
Yessss
Old 10-02-2013, 01:46 PM   #64
Recycles dryer sheets
Shabby's Avatar
 
Join Date: Sep 2012
Location: Redmond
Posts: 64
Yessss

Love the countdown! Lately have been updating my financial spreadsheet daily, checking and rechecking, etc. I need to have a year pass so I can see the light at the end of the tunnel. W**K is financially going well, but I am so over it.
__________________
Shabby
- Live below your means
- Stay out of debt
- Save all you can
- Buy used cars
- Focus on your end goal
Shabby is offline   Reply With Quote
Old 10-02-2013, 09:58 PM   #65
Recycles dryer sheets
ikubak's Avatar
 
Join Date: Dec 2007
Posts: 388
Quote:
Originally Posted by Shabby View Post
Add me to the list. Let's see 2015 target, I will be 48. This has taken a lot of work and sacrifice along the way. Started two companies, saved a lot, lived well below my means, and no kids. While I won't be living in a mansion, I will have a nice lifestyle very soon.

Let's get you on the list Shabby...what month in 2015 will you RE?
__________________
Retire date Jan. 5, 2018
ikubak is offline   Reply With Quote
Old 10-03-2013, 10:53 AM   #66
Recycles dryer sheets
Shabby's Avatar
 
Join Date: Sep 2012
Location: Redmond
Posts: 64
Quote:
Originally Posted by ikubak View Post
Let's get you on the list Shabby...what month in 2015 will you RE?
January
__________________
Shabby
- Live below your means
- Stay out of debt
- Save all you can
- Buy used cars
- Focus on your end goal
Shabby is offline   Reply With Quote
Old 10-04-2013, 04:06 PM   #67
Recycles dryer sheets
 
Join Date: Feb 2013
Location: Boise
Posts: 184
April 2015 is the plan. It was once 2017. Sanity prevailed.
__________________
jcretire77 is offline   Reply With Quote
Old 10-04-2013, 08:33 PM   #68
Recycles dryer sheets
ikubak's Avatar
 
Join Date: Dec 2007
Posts: 388
1. Ikubak - April - age 52
2. LoneAspen - Feb - age 48
3. Neihn - Dec -
4. Fourchristians - June
5. ABQ2015 - March - 59
6. Live and Learn - March - 52
7. SkeetShooter - December
8. DanD76 - June
9. Utrecht - Jan - Age 50
10. haloFIRE - August 14th - age 47
11. Doxiemama - December - age 55
12. Phil1ben - June 1 - age 53 now 55 at ret.
13. SonnyJim - January 1 - age 48
14. Theseus - July - age 59 (2014 - congrats
15. cinman2000 - Jan - age 54
16. biker4life - July 2015 - age 45
17. Al18 - June 2015 - age 52
18. Siamond - July 2015 - age 53
19. Shabby - January - age 46
20. jcretire77 - April - age
__________________
Retire date Jan. 5, 2018
ikubak is offline   Reply With Quote
Old 10-04-2013, 09:07 PM   #69
Recycles dryer sheets
 
Join Date: Feb 2013
Location: Boise
Posts: 184
Just short of 56 in April of 2015
__________________
jcretire77 is offline   Reply With Quote
Old 10-04-2013, 11:09 PM   #70
Thinks s/he gets paid by the post
 
Join Date: Sep 2012
Location: Seattle
Posts: 2,901
Oct 2015, age 45

Might do a little part time work here or there, but I think our portfolio will cover the basics if we don't w*rk anymore.
__________________
Fermion is offline   Reply With Quote
Old 10-05-2013, 12:11 PM   #71
Recycles dryer sheets
ikubak's Avatar
 
Join Date: Dec 2007
Posts: 388
1. Ikubak - April - age 52
2. LoneAspen - Feb - age 48
3. Neihn - Dec -
4. Fourchristians - June
5. ABQ2015 - March - 59
6. Live and Learn - March - 52
7. SkeetShooter - December
8. DanD76 - June
9. Utrecht - Jan - Age 50
10. haloFIRE - August 14th - age 47
11. Doxiemama - December - age 55
12. Phil1ben - June 1 - age 55
13. SonnyJim - January 1 - age 48
14. Theseus - July - age 59 (2014 - congrats
15. cinman2000 - Jan - age 54
16. biker4life - July 2015 - age 45
17. Al18 - June 2015 - age 52
18. Siamond - July 2015 - age 53
19. Shabby - January - age 46
20. jcretire77 - April - age 55
21. Fermion - Oct - age 45
__________________
Retire date Jan. 5, 2018
ikubak is offline   Reply With Quote
Old 10-20-2013, 10:08 AM   #72
Recycles dryer sheets
 
Join Date: Jul 2011
Location: Minneapolis
Posts: 102
We're looking at three "threshold" dates for DW to retire or be permanently laid off (she works as an underwriter for a Health insurance company). We're currently 55 (me) and 54 (DW) with almost enough money to go now. Here are the dates we're looking at:

1. 1/1/14: DW turns 55 late in 2014, so retiring in that calendar year would let us leave her 401k at Megacorp, while taking non-penalty withdrawals and TIRA to Roth conversions to use up our 15% bracket - for as many years as possible. Much simpler & more flexible than 72T option.

2. 10/7/14: DW's 55th birthday. Eligible to retire and start taking a $500 / mo pension and receive a $600 / month HSA contribution (for LIFE, unless they change the rules!)

3. 1/2/15: Layoff would put severance package into new calendar year and this puts us past payment of final semester college tuition for DD. We would still get the benefits of 1. and 2. above - best of all possible worlds by my reckoning! That's only 439 calendar days = 314 working days!

Me: Small self-employed business, I could sell down & close up any time but no severance or unemployment.

Put us down for 2015!
__________________
BrianB is offline   Reply With Quote
Old 10-21-2013, 07:56 PM   #73
Full time employment: Posting here.
 
Join Date: Oct 2012
Location: Reno
Posts: 541
1. Ikubak - April - age 52
2. LoneAspen - Feb - age 48
3. Neihn - Dec -
4. Fourchristians - June
5. ABQ2015 - March - 59
6. Live and Learn - March - 52
7. SkeetShooter - December
8. DanD76 - June
9. Utrecht - Jan - Age 50
10. haloFIRE - August 14th - age 47
11. RobLJ--May through August

I'm 55 and within about a 15% portfolio increase of retiring with a high confidence. I probably can semiretire while DW works for another 2-5 years; we could take that route now, but I qualify for retiree health benefits in August 2014. Plan to move to Pacific NW from Texas.
__________________
RobLJ is offline   Reply With Quote
Old 10-22-2013, 03:04 PM   #74
Recycles dryer sheets
ikubak's Avatar
 
Join Date: Dec 2007
Posts: 388
Looks like we have some new attendees to the party. Welcome to the class of 2015! I will update the list later today before it gets crazy. 525 more days, of which, I will work 292.
__________________
Retire date Jan. 5, 2018
ikubak is offline   Reply With Quote
Old 10-22-2013, 05:30 PM   #75
Recycles dryer sheets
ikubak's Avatar
 
Join Date: Dec 2007
Posts: 388
1. Ikubak - April 2015- age 52
2. LoneAspen - Feb 2015- age 48
3. Neihn - Dec 2015-
4. Fourchristians - June 2015
5. ABQ2015 - March 2015- 59
6. Live and Learn - March 2015- 52
7. SkeetShooter - December 2015
8. DanD76 - June 2015
9. Utrecht - Jan 2015 - Age 50
10. haloFIRE - August 14, 2015 - age 47
11. Doxiemama - December 2015 - age 55
12. Phil1ben - June 1, 2015 - age 55
13. SonnyJim - January 1. 2015 - age 48
14. Theseus - July 2015 - age 59 (moved up to 2014 - congrats )
15. cinman2000 - Jan 2015 - age 54
16. biker4life - July 2015 - age 45
17. Options - January 2015 - 59.5
18. Al18 - June 2015 - age 52
19. Siamond - July 2015 - age 53
20. Shabby - January 2015 - age 48
21. jcretire77 - April 2015 - age 55
21. Fermion - Oct 2015 - age 45
22. BrianB - January 2015 - age 56
23. RobLJ - May thru August - age
__________________
Retire date Jan. 5, 2018
ikubak is offline   Reply With Quote
Old 10-22-2013, 09:20 PM   #76
Recycles dryer sheets
 
Join Date: Dec 2008
Posts: 117
My current plan is to leave in Feb 2015 after I receive my annual bonus. I'll be 43 and a 3% WR should more than cover my expenses. That's if the OMY syndrome doesn't get me. I wouldn't mind the company eliminating my position ( theoretical end of my expat assignment) so I can take the severance and run.
__________________
FreqFlyer is offline   Reply With Quote
Old 10-23-2013, 05:26 PM   #77
Recycles dryer sheets
ikubak's Avatar
 
Join Date: Dec 2007
Posts: 388
1. Ikubak - April 2015- age 52
2. LoneAspen - Feb 2015- age 48
3. Neihn - Dec 2015-
4. Fourchristians - June 2015
5. ABQ2015 - March 2015- 59
6. Live and Learn - March 2015- 52
7. SkeetShooter - December 2015
8. DanD76 - June 2015
9. Utrecht - Jan 2015 - Age 50
10. haloFIRE - August 14, 2015 - age 47
11. Doxiemama - December 2015 - age 55
12. Phil1ben - June 1, 2015 - age 55
13. SonnyJim - January 1. 2015 - age 48
14. Theseus - July 2015 - age 59 (moved up to 2014 - congrats )
15. cinman2000 - Jan 2015 - age 54
16. biker4life - July 2015 - age 45
17. Options - January 2015 - 59.5
18. Al18 - June 2015 - age 52
19. Siamond - July 2015 - age 53
20. Shabby - January 2015 - age 48
21. jcretire77 - April 2015 - age 55
21. Fermion - Oct 2015 - age 45
22. BrianB - January 2015 - age 56
23. RobLJ - May thru August - age
24. FreqFlyer - Feb 2015 - age 43


Anyone joining the class of 2015, feel free to add your name to the list (just add to the bottom) by copying the list, pasting it in a reply to the thread and then adding your name, when you will retire and age on the date of retirement. The class of 2014 has about 71 soon to be retirees.

On a separate note, when you do retire, how much cash (cash and short term bonds) do you plan on having on hand? I was thinking about having enough cash for 1-2 years, just in case of a market malady. What are the rest of you thinking?
__________________
Retire date Jan. 5, 2018
ikubak is offline   Reply With Quote
Old 10-23-2013, 11:42 PM   #78
Dryer sheet aficionado
 
Join Date: Jul 2013
Location: Fallbrook
Posts: 41
Quote:
Originally Posted by ikubak View Post

On a separate note, when you do retire, how much cash (cash and short term bonds) do you plan on having on hand? I was thinking about having enough cash for 1-2 years, just in case of a market malady. What are the rest of you thinking?
I think you will get vastly different answers from those that will be living off of pensions vs. those that are living off of investments with no pensions.

I will be collecting a pension so that will be my main source of income. I will have six months of emergency money available, cash for house or car repairs, medical bills etc.

I am hoping to let my investments keep growing and am planning on staying in the market 80% equities and 20% bonds since my pension is guaranteed, CalPERS. Since that is my safe money I feel like I can invest for growth with my non-pension money. I know CA could go broke etc. etc. But until that happens, I plan on staying invested and then at age 62 I can collect social security. I am married and my husband already is on social security due to being disabled. That is my story. We are not the high flyers like some of the ER stories.

I just read the 2020 thread. They all have between 2.5M and 3.5M saved already. Wow! If I had that much, I would retire tomorrow. Some of them are pretty young, only 40 so that money needs to last a long time, but Wow! Even if I saved and invested every dime I ever earned I don't think I could have hit that mark.
__________________
doxiemama is offline   Reply With Quote
Old 10-24-2013, 10:00 PM   #79
Recycles dryer sheets
ikubak's Avatar
 
Join Date: Dec 2007
Posts: 388
Quote:
Originally Posted by doxiemama View Post
I think you will get vastly different answers from those that will be living off of pensions vs. those that are living off of investments with no pensions.

That's a very good point, doxie. I won't have any pension income for the first 6 or 7 years of retirement. Then gradually over the following 3 or 4 years, I'll have enough pension income to cover 80-100% of our expenses. That's why one or two years of cash or near cash to start off with would be comfortable for me.
__________________
Retire date Jan. 5, 2018
ikubak is offline   Reply With Quote
Old 10-25-2013, 12:22 AM   #80
gone traveling
 
Join Date: Oct 2007
Posts: 1,135
Quote:
Originally Posted by siamond View Post
Count me in. Or at least, this is the plan of record. ....... I have a deferred compensation plan with a first lump sum 6 months after my resignation ... 7/4/2015... and I would like to make it happen on a taxable year without my regular salary of 1H'15 pushing up the tax bracket!
Sounds like an INTELligent choice... time it so annual bonuses which are accrued in current tax year but paid in the following tax year wont impact your tax rate.
__________________

__________________
papadad111 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


 

 
All times are GMT -6. The time now is 08:44 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.