Recent content by dcoy

Hi Everyone. I was planning on exiting the 9-5 in 2023 and moving to part time. However plans have changed now that the economy has darkened. Hopefully join the class of 2025 and grind it out for another 2.5 years.

Downtown Seattle is neither safe or clean. Homeless, needles, human feces. It’s been ruined…sorry. Born and raised in Seattle. The old seattle of yesteryears is gone.

You should be able to get a heloc, look around. Another option is a pledged asset line (PAL) through your brokerage.

Not quite yet retired, but close. We (family of 4) eat out a lot per week. Maybe on average 2 lunches and 3 dinners per week.

Are you kidding? They are everywhere!

Ther Oregon trail center is worth a visit, very close to Baker City.

Following this thread. Asheville interest me as well, but I think we will likely move from Seattle to Charleston.

Is that this total? Meaning you have 7 years expenses in cash + 12x expenses in bonds + 45x in equities? Or is each separate?

I like the idea! Putting an asset like a house to use as a means to extract cash during market downturns, smart. That said, the interest rate would have to be low and you would still have to have some cash on hand to make the min monthly payments.

I’m in a similar situation as the OP. Similar expenses (slightly higher) similar net worth. I’m 52 and will likely wrap up Megacorp by 54, then work part time for a few more years wrapping everything up by 56ish. My kids are only 9 and 11 so I feel the need to work a little longer, I just want...

I believe HSBC will do it as well.

Yes, big in the U.K. but catching on globally. There is an excellent Facebook group, very supportive folks.

I’m right with you, 2023 is my planned exit date from mega Corp. of corse anything can happen between now and then but 2023 is my target RE date. I’ll be 55 by then.

Really, you don’t know how to spend money and enjoy life?

I am in a similar situation. Totally burned out with mega Corp, but I have two kids and a stay at home wife so expenses are high. FIRE calc looks good if I pull the trigger in 2021, but with two young kids I feel better if I continue to pull in some income for the next 5-8 years. Chances of me...