Recent content by jayfriendly

  1. J

    Planning early retirement from IT

    Being in the IT (mobile app dev) field myself, I know that feeling when technology outruns us and the company politics gets too much to deal with. I went through similar situation at my last stable and high paying but quite stressful job and left work for ER. Although, after over a years worth...
  2. J

    47 year old looking for financial independence

    I know its an old thread started by me. Another update: after spending a whole year of ER and taking care of my sick dad, I started feeling bored not being able to do anything constructive. So, I started part time contracting work in my IT field. It appears like I might have found a balance with...
  3. J

    47 year old looking for financial independence

    A quick update to my ER. The ER came up in nick of time. My father got quite sick past few months, so I have been busy taking care of him and spending quality time, which would not be possible if I was working. Life could be interesting in anything we do.
  4. J

    Why Lie About Early Retirement?

    I just quit my job to RE. I find it quite difficult to tell my friends and ex-colleagues the real reason (knowing that most of them have a lot of financial obligations) I have been telling them that I am taking a "long break" from work. Even during my exit interview, I could not help saying that...
  5. J

    47 year old looking for financial independence

    Week three of financial freedom. So far enjoying summer. One of the good advice I got here worked out for me. My past employer really appreciated my tenure and asked me to return if/when I am ready. That was quite touching. It feels good to keep contacts with ex-colleagues and senior management...
  6. J

    47 year old looking for financial independence

    After having thought through the situation and planning, I resign from the job this week. My manager asked me a few times if I was having second thoughts :) Thanks to stock market performance and vesting of a round of RSUs, my courage went up a notch. I plan to leave this job with a few good...
  7. J

    47 year old looking for financial independence

    So, I am taking a leap of faith and planning to quit my job in next 3-4 weeks with proper alignment of planets :) With help from stock market and last of my employer stock grants vesting, I got my yearly budget straightened out bit and ready to enjoy summer for now. Hopefully, things stay on course.
  8. J

    Wow, who knew.....figuring out early retirement would be so complicated!

    I know how you feel about expenses. Even being single, it took me a few years to scale down on home and cars but still having hard time budgeting the rest of the bills. At certain point, you just have to plan with an annual budget which includes basic necessities and remove anything you can do...
  9. J

    47 year old looking for financial independence

    I did try a 3 month leave of absence last year and felt amazing :) Financially, since the US stock market performed great, I did not see any problems paying bills (even after spending some money getting house fixed) or even the fact that the portfolio grew quite a bit but I guess I have to see...
  10. J

    47 year old looking for financial independence

    Thanks for all quick replies and good questions :) No pension. Being in IT for many years, I would like to pursue some of my creative ideas creating mobile apps and software (although mainly for my own satisfaction than making money). I guess the thought of not getting a steady paycheck has...
  11. J

    47 year old looking for financial independence

    Forgot to give more details: investments include 30% of tax def accounts and do not include value of home (~300K). Thanks.
  12. J

    47 year old looking for financial independence

    Thanks for quick reply :) In a nutshell, 47 single male; investments (75% stocks, 20% bonds, 5% fixed income) worth ~1.7M. Own home w/ no mortgage and about 50K annual expenses. Took quite some patience and hard work to get here (with two major stock market crashes). No expected changes in...
  13. J

    47 year old looking for financial independence

    I am excited to find this forum and looking forward to learn new and efficient ways to continue myself towards independence from corporate slavery. So far, I think I am on track but hesitant to make the move away from boring (but decent high paying) job to something more challenging on my own...
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