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We used a few 529s to save for DD's college. There was almost enough for her to fund a BA/BFA at her dream private institution, as long as she worked some and took a small loan. With no push from me, after her first year there she transferred to the local state school and has been working her...

I just saw this. If the article is correct it will provide me with a lot more flexibility when I set up our 72(t). https://www.cnbc.com/2022/03/03/new-irs-rule-offers-higher-penalty-free-withdrawals-for-early-retirees.html From the referenced guidance: "(c) Interest rates. The interest rate...

Not wishing to hijack today's other 72T thread I thought I should ask my own question. I have a solo 401k and other accounts at Vanguard. The 401k is tied to a sole proprietor LLC that is my sole source of income. I will terminate the LLC in 2025 at age 57. Since I'm effectively firing myself...

I know there is no one size fits all answer for this, so I am soliciting opinions/experiences. • 4.5 years from target ER in 3/2025. • Current NW is half what I consider FI, but we are on track. • Me, self-employed. DW has a solid corp gig with excellent benes. Total comp similar to mine. •...

I sometimes lament that almost all the unexpected things that seem to happen to us are negative. If it's something good, it's probably something we planned for and worked towards. Last week we found out that by our FIRE goal date DW will have enough years of service and be old enough to qualify...

When I got divorced in 2014 it set back my FIRE plans but did not cancel them entirely. I chose to keep practicing LBYM and tried to stay positive. I used a few mental accounting tricks, like the way I treated my alimony obligation. But, mostly the experience taught me humility about the...

I am 50, DW is 47, both on our second marriages. DW has a corporate job, I’m self-employed, both in tech. In a typical year, we gross $275k. We mostly w*rk from home in a midwest exurb. These income levels are recent for us and we have only been together a few years. Perhaps ominously I...