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Very interesting responses. The trend thus far seems to be a paid off home and lots of money saved as well as a budget around 4-5k. I'm 1 for 3 as my budget is right at $3800...0-2 on the huge savings and paid off mortgage. My military pension is $3000... All expenses are accounted for in the...

I know this will vary greatly, but would be interested to know what the average is here in the forum. What area of the country you live, married single, mortgage or not would be helpful info. Also, where does the majority of your expenses come from. As I prepare for possible Semi-er soon, would...

Hello, I want to get your input on what advice I should give my two sons as my oldest is first year of college and youngest is a junior in H.S. What type of investment accounts should i set up for them so that they can be in the best position possible in the future. Currently they both work at...

Hello, I just wanted to get some advice on which is the best software to use as I want to get serious about watching my spending. I plan to semi ER in the 2017-18 time frame. The things that are most important are linking my accounts to the software with a great emphasis on security. Also...

Sorry, it's been a while since I visited this post. Tons of good info from all of you! I appreciate it. Yeah, it's funny how confident I was in my pension when I originally posted this....now, not so much. Very sad that our government could stoop to such a low level and try to steal promised...

Thanks for the vote of confidence Nords! Gumby, that was a great point. I re ran the numbers and looks like I am still good probably because I plan to work part time until 59 and SS will shortly follow shortly after. This really excites me and I'm thankful to everyone that contributed to this...

ERD, very valid points. I will re run the numbers and see what I get. Thanks again for the thorough replies!

Thanks for the reply ERD! Sorry to confuse you changing from annual to monthly amounts. Yes I am currently receiving my $36,000 pension but no my expenses that I listed are what I anticipate once I semi-retire in 2017 (gotta get kids through college first). I guess it does make sense that I...

I just ran my numbers through FIREcalc and got a 100% success rate for my projected income/expenses during semi and early retirement. So I'm feeling a little cautiously optimistic about FIREcalcs calculations. Here is what I plugged in: $43,000 for annual expenses / a portfolio of $40,000 which...

Mulligan, I hear ya! Putting on a whole new roof after 9 years is a little early. I'm sure you will be able to pinpoint the problem and fix it for far less than $10,000. I appreciate the encouragement and I look forward to slashing whatever costs I can to stretch my dollar to the max.

Katsmeow and Mulligan thanks for the info. I really do need to track my spending for a while as I think this is the only way to assess where money might be flying out the window. I need to clarify from an earlier post, I don't spend 85-90k, that is what my wife and I make combined to include my...

Very valid points nords. My survivor benefits and taxes have already been accounted for when I came up with the $3000 for my pension. My befor taxes pension is around $3300. I love the suggestions and feedback, I'm very grateful to have found this site!

Thanks for all the great insight! I hope I didn't come off as defensive because I certainly didn't mean to do so. Nords, thanks for the reply! I just read your book about two weeks ago. It took me all of about two hours...I couldn't put it down. These phone ideas are really helpful, never new...

Thanks again for all of the input. For clarification, I anticipate having $100,000 in savings and also 100k in my Roth. I know these are pretty minor stashes of cash compared to many on this board, but I am hopeful that they can help me to completely retire at 55. I agree with the idea of...

Thanks for the reply. You make some good points. I figured that there will always be unexpected expenses. I guess I was just really looking for recommendations on how I could save more money given my current amounts that I have projected. For example am I paying too much for Internet and if so...

I posted earlier about my intentions to semi early retire in 4 years once my sons are finished with college. So my plan is to work maybe 20 hours a week and generate $10k a year with my wife doin the same from age 47 to 59. My wife is 4 years older and we both will draw SS at age 62 my pension...

Yeah I'm with you! It certainly is cause for concern. However, i think military retired pay / disability will be the last benefits touched by the government. This would cause riots in the streets especially after the past 11-12 years of constant deployments and wars. I anticipate future...

As far as SS I will be taking that early at 62 as will my wife if its even available. I did find out that my disability has the same cola as SS. That being said, I don't see why I couldn't make it working 20 hours a week bringing home say $10,000 annually and wife making $20-25k full time...

I wanted to clarify my pension total. My pension is $1900 a month plus I get VA disability $1200 a month. I believe disability also gets cola adjustments, but not sure.

Thanks for the info on firecalc. I forgot to address another question in regards to our healthcare, our healthcare is through Tricare and cost $148 per month. This was figured into my projection of $3000 a month budget.

Guys, thanks for the feedback! To answer some of your questions, the $3000 does include survivor benefits. And yes, I do plan to increase my workload around the house to take stress off of my wife. She has had tough jobs her whole life and on September 5th, I will be sending her to school to...

I actually am just looking for reassurance. I receive $3000 a month in pension after taxes and will have a monthly budget of ~ $3000 includes $300 a month into roth account and $150 into savings and 11-1200 mortgage. My wife will work and earn ~ $20,000 a year as a dental assistant and I plan to...

Thanks for the reply Hawk! I save $500 a month. $300 in to roth IRA and $200 into savings. The $85 - $90,000 is our income. Our expenses are probably $3000 a month right now with my sons still living at home but I anticipate both of them being out of the house by 2018 and our expenses being...

Hello everyone glad I found this site. My name is Devin and I retired from the Army (21 years) on 7/31/2011. I currently still work and I am looking for ER in 2018. I have two sons that I am waiting to finish college before I start thinking about my new life as a true retiree. I currently make...