Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
How long were you in the markets before FIRE
Old 10-08-2015, 04:01 PM   #1
Full time employment: Posting here.
 
Join Date: Aug 2013
Location: North
Posts: 714
How long were you in the markets before FIRE

Not everyone is invested in the markets their entire lives.

DH had an account opened when she was 16. For me, I didn't open my first retirement account until I was 26.

I am planning on retiring at 50 which would give me 24 years into the market before I retire.

Curious how others were able to fair.
__________________

__________________
AA (Stock/Bond/Cash ): 99/0/1% MIX (Small/Mid/Large): 50/25/25% BLEND(US/Foreign): 100/0%, (Value/Growth/Blend): X/X/X% REIT (Real Estate Equity): 50% of Assets

FIRE in 2031 @ 50yrs old (+/- 2yrs) w/ a hypothetical $2.5mil portfolio, 3 appreciated homes worth $1.0mil and rental income to fund my gap years until RMD. Assets will go to an inherited IRA where I plan on watching the investments grow until I die or the trust gets executed.
kgtest 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 10-08-2015, 04:16 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2006
Posts: 11,019
I first bought equities and bonds (in the form of mutual funds) in 1990, when I was 33. I ERd at 55. However, my personal equity investments were only part of the story. I also had an inheritance (mostly property) and a trust fund (invested with DRIP over many decades).
__________________

__________________
Meadbh is offline   Reply With Quote
Old 10-08-2015, 04:33 PM   #3
Full time employment: Posting here.
 
Join Date: Jan 2008
Posts: 882
About 25 years.
__________________
jebmke is offline   Reply With Quote
Old 10-08-2015, 04:36 PM   #4
Recycles dryer sheets
Taxman59's Avatar
 
Join Date: Sep 2014
Posts: 484
My grandfather gave his grandchildren shares of White Motor Co. in the 60's. I started buying stocks in the early 80's when I was in my 20's. Actually bought some options in the late 80's, though that was a fun (and profitable) trade.


Have the day you deserve, and let Karma sort it out.

Sent from my iPad using Early Retirement Forum
__________________
Taxman59 is offline   Reply With Quote
Old 10-08-2015, 04:49 PM   #5
Moderator
Walt34's Avatar
 
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 16,571
About 15 years, via a 457 account. Mostly it was target date funds since I had no clue about investing.
__________________
I heard the call to do nothing. So I answered it.
Walt34 is online now   Reply With Quote
Old 10-08-2015, 05:08 PM   #6
Recycles dryer sheets
 
Join Date: Jan 2012
Posts: 244
Bought mutual funds in FIDO in 1992 at age 32. Planning to retire in 2017 so hopefully it will only be 25 years in the mkt before Er.
__________________
Rickt is offline   Reply With Quote
Old 10-08-2015, 05:13 PM   #7
Thinks s/he gets paid by the post
 
Join Date: Nov 2009
Posts: 3,871
I began contributing to my former company's 401k back in 1986 and that was a split between an S&P 500 fund and a stable value fund. I began buying shares of my first (non-retirement) mutual fund in 1990. It was a tax-free muni bond fund. It wasn't until 1994 when I began investing in something other than a muni bond fund in my non-retirement accounts.
__________________
Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.

"I want my money working for me instead of me working for my money!"
scrabbler1 is online now   Reply With Quote
Old 10-08-2015, 05:16 PM   #8
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: Chicagoland
Posts: 11,978
24 years, and remain in of course.
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is online now   Reply With Quote
Old 10-08-2015, 05:18 PM   #9
Thinks s/he gets paid by the post
2017ish's Avatar
 
Join Date: Apr 2012
Posts: 1,847
Will be 32 years, barring megacollapse of equity and income markets. Started investing in 1985,with first real job after grad school.
__________________
OMY * 3 2ish Done 7.28.17
2017ish is offline   Reply With Quote
Old 10-08-2015, 05:31 PM   #10
Thinks s/he gets paid by the post
Big_Hitter's Avatar
 
Join Date: May 2013
Location: In the fairway
Posts: 4,099
since black Monday, 1987
__________________
Swing hard, look up
Big_Hitter is offline   Reply With Quote
Old 10-08-2015, 05:38 PM   #11
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,432
We started our 401k's sometimes in the early 80s. So, it has been more than 30 years.

However, I did not start to learn about the stock market and even know the basic terminology such as large cap vs. small cap, value vs. growth stocks until the mid 90s. And I did not become an active investor until the late 90s.
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is offline   Reply With Quote
How long were you in the markets before FIRE
Old 10-08-2015, 05:50 PM   #12
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
HFWR's Avatar
 
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 12,964
How long were you in the markets before FIRE

About 25 years. Started participating in megacorp's 401k plan. Wasn't very knowledgable, but eventually discovered Scott Burns and Lou Ruykeser.
__________________
Have Funds, Will Retire

...not doing anything of true substance...
HFWR is offline   Reply With Quote
Old 10-08-2015, 06:01 PM   #13
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
travelover's Avatar
 
Join Date: Mar 2007
Posts: 9,899
MegaMotors had a good 401(k) back in the early 80's. Unfortunately I knew nothing about investing and had all my money in stable market funds until the 90's.
__________________
Yes, I have achieved work / life balance.
travelover is online now   Reply With Quote
Old 10-08-2015, 06:02 PM   #14
Recycles dryer sheets
 
Join Date: Apr 2008
Posts: 332
We invested in our 401k's since we got married in 1989. When my father passed in 2006 he left us ~ 10k and I started investing outside of our 401k. Grew that to 120k with taxable and Roth. Wife retired into teeth of 2008 meltdown. I was forced to retire in 2010. Living comfortably now due to two pensions and ss. IRA's are our long term health plans.
__________________
Idnar7 is offline   Reply With Quote
Old 10-08-2015, 06:15 PM   #15
Recycles dryer sheets
 
Join Date: Oct 2007
Posts: 138
I started putting money in stocks in my 403(b) when I started working in July 1980. Except for a little money that I had in TIAA (over 11% back then), I was 100% in stocks until I turned 50 in 2007 (took me 10 years finishing in 1993 to get totally out of TIAA). Now I am down to 65% stocks. Although I have changed funds a few times over the years; I have never market timed never selling any stock fund that didn't get transferred directly into another fund.

Just my 403(b) account is 100 times my starting pay in 1980 or 15 times current salary. I believe best to start in stocks early, don't sell, and stay 100% in stocks until you feel it is time to start diversifying.

Marc

PS Still planning on Class of 2016
__________________
Marc is offline   Reply With Quote
Old 10-08-2015, 06:20 PM   #16
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,432
Quote:
Originally Posted by travelover View Post
MegaMotors had a good 401(k) back in the early 80's. Unfortunately I knew nothing about investing and had all my money in stable market funds until the 90's.
Back then, interest rate was high and those had returns in the double digits! So, it was easy to get complacent, leave money in there and not check.

I did not know enough to follow the market and missed out on quite a bit of gains.
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is offline   Reply With Quote
Old 10-08-2015, 06:29 PM   #17
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
 
Join Date: Nov 2010
Location: Vermont & Sarasota, FL
Posts: 16,455
~36 years. Initially I just invested in individual stocks via a Dean Witter broker who was across the hall from our offices. Some winners/some losers. ~1980 I took a job that had a 401k shortly after and I started and never stopped.
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
pb4uski is online now   Reply With Quote
Old 10-08-2015, 07:18 PM   #18
Thinks s/he gets paid by the post
RockyMtn's Avatar
 
Join Date: Jul 2009
Location: North Scottsdale
Posts: 1,233
first brokerage account at 20, retired at 51 so 31 years for me. Add the six years of retirement and I guess I've been in for 37 years.
__________________
FIRE'D in July 2009 at 51...Never look back!
RockyMtn is online now   Reply With Quote
Old 10-08-2015, 07:27 PM   #19
Thinks s/he gets paid by the post
nun's Avatar
 
Join Date: Feb 2006
Posts: 4,836
1987 to 2014, so 27 years. I now keep money for discretionary spending in the market.
__________________
“So we beat on, boats against the current, borne back ceaselessly into the past.”

Current AA: 65% Equity Funds / 20% Bonds / 7% Stable Value /3% Cash / 5% TIAA Traditional
Retired Mar 2014 at age 52, target WR: 0.0%,
Income from pension and rent
nun is offline   Reply With Quote
Old 10-08-2015, 07:44 PM   #20
Thinks s/he gets paid by the post
jollystomper's Avatar
 
Join Date: Apr 2012
Posts: 1,364
Opened my 401k in 1985. Mutual funds in 1988. Started buying individual stocks in 1995 - and thought I was a genius for a few years . Fortunately I learn before too late that individual stock picking wasn't for me and focused on mutual funds. At least some of the stocks I held onto have done very, well.

So 30 years 401k, 27 years mutual funds, and 20 years for stocks.
__________________

__________________
Current target FIRE date: Under negotiation, can happen anytime.
jollystomper is online now   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


Similar Threads
Thread Thread Starter Forum Replies Last Post
My wife and I were able to FIRE in our early 30's thanks to you all!! ponchoape Hi, I am... 25 03-18-2016 10:01 PM
How long was it before you stopped identifying youself with your profession? Davis65 Life after FIRE 57 03-31-2015 07:52 PM
Poll: How long did you track expenses before ER ? Live And Learn FIRE and Money 75 01-16-2014 01:52 PM
check the "best before" date before using... simple girl Other topics 1 08-24-2008 07:38 PM

 

 
All times are GMT -6. The time now is 04:39 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.