Join Early Retirement Today
Closed Thread
Thread Tools Search this Thread Display Modes
Old 01-11-2012, 05:43 AM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
Join Date: Jan 2008
Location: Chicagoland
Posts: 10,663
Like so many others, health care costs. It gave me the most hesitation before retiring, and it's still the greatest unknown in our plan. The rest was 'simple, but not easy.'

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 offline  
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 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 01-11-2012, 08:05 AM   #22
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: 13,195
Originally Posted by Nords View Post
My biggest hurdle was "Whaddya gonna DO all day?!?"......................
Whaddya gonna do all day was (and to some extent still is) my worry. Health care costs also, but I just decided that the extra cost of health insurance over what I was paying for my employer provided health insurance (~$600/mo extra cost) was just part of the price of freedom.

Our kids went to public schools and we paid for DD's college education. DS doesn't seem to be college bound thus far but we have told him that if he decides to go that we will pay for 4 years just like we did for DD and that cost was part of our financial planning.

pb4uski is offline  
Old 01-11-2012, 08:25 AM   #23
Recycles dryer sheets
JBmadera's Avatar
Join Date: Apr 2010
Location: Green Valley
Posts: 232
By far the biggest hurdle was breaking the mindset that more is better. sure, it hurt the ego some driving that 10 yr old honda to the office in Silicon Valley and parking between all the Porsche's and Mercedes but once we fully believed that LBYM was the key to freedom all the other "hurdles" weren't tough (paying off the mortgage, fully funded college funds, etc, etc)
JBmadera is offline  
Old 01-11-2012, 12:55 PM   #24
Recycles dryer sheets
Join Date: Sep 2004
Posts: 250
We've jumped the education hurdle by deciding to homeschool. I suppose its quite expensive in the sense that we won't have two incomes during the 5 years between when my son would start Kindergarten and our ER date but it has the advantage of being low-cost and flexible post-ER. College will be covered by my husband's GI Bill which can now be transfered to children, and by the small 529 we started at birth. I figure that's a decent start and if he gets into Harvard we can talk about coming up with other funds.

I suppose our biggest hurdle is simply the usual lifestyle vs. time tradeoff. Is it worth working more to take nicer trips and so on? It's easy to answer now, but will we feel the same way at age 65 when its too late to re-enter the workforce and make adjustments? Keeping all of your options open is expensive, but it would be nice to have some doors open down the road.
FlowGirl is offline  
Old 01-11-2012, 06:59 PM   #25
Moderator Emeritus
Join Date: May 2007
Posts: 10,693
Thanks Folks!


FIREd is offline  
Closed Thread

college, education, private school

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
The biggest, baddest way to quit your job! HawkeyeNFO Other topics 26 11-18-2011 10:39 AM
Your Biggest In-Retirement Surprises (Article) rescueme Life after FIRE 8 10-22-2011 03:54 PM


All times are GMT -6. The time now is 11:54 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.