Recent content by 10years away

Rodi - congrats on having your mortgage paid off in two years and the big 529 accounts! That's a great accomplishment. My income has doubled over the past 5 years due to a few promotions. Of course with it has come much higher expectations and more stress. But I realize how fortunate I am...

retire 2020 and pb4uski - I have used Firecalc in my planning. Great tool. To get me to the promise land I'm planning on the following: *fully funded 529's: $300k in todays dollars *paid off mortgage *$2.7 - $3mm. This will give me a lower SWR and provide a buffer for extra spending 10...

Thanks for all of the feedback. haloFIRE / siamond - I hear you on the 5% in cash ($45k or so). It started as an emergency fund, and I've kept it even as my net worth jumped. It doesn't make sense when I think about it. Thanks for pointing it out. I have enough safe money in bonds. My...

Hi! Although I haven't been active posting I've enjoyed all of your stories and insights. I've learned a lot from the community. Copied below is my original post. I realized shortly after creating my handle "10years away" that it was probably accurate (at least for the short term)...as time...

To answer your two questions: I'm in the camp that believes financially it makes more sense to pay off the loan in 15 years with a 3.5% rate. But the reason I'm planning to pay off sooner is more of a mental factor -- I'm burnt out at my job and I'd like to know that if I decide to leave and...

Thanks for the feedback. A few things to add on - my wife does not currently earn an income (I've learned against saying "doesn't work) and plans to work enough hours to earn Health Benefits in 10 years. Her smaller earnings (c. $50 - 60k?) should bridge any gap. I'm also planning on earning...

Hi Midpack, thanks I'll give FIRECalc a run.

Hi, I'm happy to join the group and get your opinions on financial matters. I'd like to walk away from my high stress (high pay) job in 10 years and do something more fulfilling. I daydream about leaving corporate america non stop and have done so at a very young age. I'm sure people at my...