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Unless you are prepared financially to be out of work for 2-3 years and then end up with a lower paying job I would not take the package. I know a lot of people that work and have worked at the same company that you do. I know several that were WFR'd over 2+ yrs ago and still have not found a...

We have been mortgage free for over a decade now. The peace of mind has been worth it for sure. I hate that in the US if you don't pay your property taxes the government can take the home you have "paid off" away from you. Which for all practical pursposes means you never really "pay off"...

Katsmeow and Culture, I am in the same process and area as you are. Have you looking at using the Houston Owner Builder network to essentially be your own build manager? The promise is you get the house you want for significantly less than buying new from a builder. Essentially, you buy you...

First my dad died 3 weeks after I graduated from high school. Last thing I wanted was to work like a dog and then die without having time to enjoy the fruits of my labor. 2nd in my first year after graduating from college one of my close friends told me about a meeting with a financial...

You are great! I really appreciate the time and your feedback it is giving me some good things to think through. In my case this will be FIRE, I don't have any pension related dates that might be impacted. However, if I do decide to stay through the end of the year I believe that giving...

I am working out my end of game strategy. Part of me would like to pick a date next year to let my boss know that I intend to retire in 6 or 9 months. I am not really concerned about being left out or being "put on the shelf" during that period...in fact that might be a good thing. I would...

Right now I am 0-3 years from FIRE. I have a 2 bucket approach that I am working on. Bucket 1: 10 yrs of laddered Muni Bonds, CDs, and Cash Bucket 2: 60% stocks, 30% Bonds, 10% Real Estate My plan is to move cash out of Bucket 2 and into Bucket 1 any year that the Bucket 2 grows by more...

Nord, Clearly this is a decision for my wife and I to make. It's the diversity on the way folks think about this that I am after. Gives me food for thought and identifies "rocks" that I may not have turned over in my own thinking yet. Thanks.

Sam, Thanks for your reply. About 30% of networth is in 401/IRAs, 10% principal residence net of selling expenses, and 60% in non-tax deferred investments.

Based on SSA estimates today....SS for my wife and I combined would represent 30% of our annual expenses starting at age 67. My guess is that we would receive some of this but that either through some combination of escalated inflation or benefit reduction combined SS benefit will actually...

Katsmeow/Webzter, We are eligible for SS. $0 of SS are included in the 26X calculation. Reasonably confident of annual expense amount having tracked spending closely for 25 yrs. Wild card is health care...annual budget includes $12K per year of spending on insurance and care....both of us...

I want to thank all of you for your participation on this forum. As I have been on the final stretch it has been an encourgement. My wife and I have been on a path to FIRE for the past 25 years when I set that age when I set 50 as my target FIRE age. We have been consistently LBYM. Our kids...