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I retired at 47 and am now 53. I used to feel kinda guilty saying I am retired, now I don't really care. Just say it matter of fact. :)

If the company is public, see about ESPP, usually an easy 15% return. With the 401k, see if you can add after tax money above your tax deferred contributions. When I was working I could put in $18.5k for pre-tax and up to another ~$35k in post tax. You can then take the post tax money and do...

L Carlisle- I retired 3 years ago at 47. What works for some, may not work for others. I developed my personal plan over many years and came up with a personal Top 10 for a successful Plan: 1) Spend less than you make (LBYM). Document your actual spend for several years to help forecast spend...

I keep a little journal on market thoughts, retirement thoughts, healthcare, etc in my retirement spreadsheet. If I learned anything is that my target 60/40 portfolio (+/- 5pts) is pretty conservative related to my appetite for risk. It was at ~66/34 at the end of Feb, but I kept thinking...

I retired 3 years ago and am now 50. Taxes are my largest retirement expense item: Fed (qtrly), state (annual in 2 states), property tax (2x per year x 4 properties in 2 states), rental related taxes (monthly). It was odd estimating and paying qtrly Fed taxes the first year. I slightly...

I booked our annual summer trip to Maui back in March and scheduled it for June 28-July 16. The June flight was cancelled and we were able to re-book for July 1. Take a look at the Beat of Hawaii website, they are a pretty good source. We own a few condos over there and have been in close...

I have the same thing going on with my AC joint. I had one cortisone injection about 6 months ago. It was extremely painful as the doc was trying to make room inside the joint with the sharp end of the needle. I have passed and had surgery for kidney stones, but this one little shot nearly...

This was advice I got from Schwab years ago for a tax efficient withdrawal strategy, when retiring early. I think it is still a good guide for me and it is what I use to generate cash for my FIRE spend. Again, everyone's situation is different and the guide may not work well for everyone, but...

I gave notice of my retirement in Jan'17 and retired in Jun'17. My company appreciated the lead time and I was able to help interview candidates for my job. This also allowed me to enjoy another RSU vesting, 2 qtrly bonuses bonuses, maxed my 401k (pre/post) and took the month of May off using...

I am 50 and FIREd. I expect to receive some benefits (since I paid into the program) but I don't have any SS baked into my plans.

Great job on building your NW! I retired at 47 (now 50) with 2 kids (now 10/13). I tracked my expenses in ~40 categories for many years and still do. It helps me project out my expenses. I use a 3% inflation rate on most items and ~5% for the kids private schools (k-12 and college) and...

I held off on any Cap Gains/rebalancing in 2019 and then rolled a chunk of my 401k in December to fill up the 24% tax bracket. I am at the top of my asset allocation threshold right now, so I will hold off till later in the year to figure out how much I will need to rebalance and/or roll over...

I agree. I retired at 47 and am 50 now. My target aa is 60/40 with +/-5pts. My wr is ~1.8%. Conservative? Probably, but it works for me. Another thing to keep in mind is your actual spend. If most of your wr is tied up in a mortgage, car payments and healthcare it would be really hard to pare...

We use ours quite a bit, Filet and Chicken breast mostly, but I have also made Pots De Creme several time with rave reviews. I have an Anova and the Anova App works well too.

Ditto... :coolsmiley:

We do all kinds of things. We still live in our first house and don't need to move when we get really old and really gray. I enjoy cooking, so if we go out and find a dish we really like, I try to recreate it at home. I perfected my own sourdough over the last 2 years and make 2 rounds every...

Without real estate about 13% in 401Ks, less than 9% if I include real estate. I have limited my cap gains this year, so I plan on rolling some of our 401K$ out and into our Roth IRAs and pay the tax. I would like to move 30 - 50% of our 401K$ into our Roth over the next 2 years, maybe stretch...

Not cranky, but I had a very active life since I was young. Started working when I was 13, worked a farm, built cars, jumped anything we could with our bikes and dirtbikes, played baseball, basketball, football and golf, water and snow ski, wakeboards and snowboards. Spent 4 years in the...

After nearly 20 years, I gave 6 months notice. I was a finance exec in a large company and had a great relationship with my boss and the exec team. It worked out well for all of us. However, with the acquisition, potential for re-orgs and potential closing of your office, I would hold out...

I have been retired a couple years now. Several years ago Schwab had a really good article on tax efficient retirement withdrawal strategies. Below is the hierarchy they recommended. I can’t locate the article, but this is pretty much what I use. In my taxable accounts I move all...

I retired 2 years ago at 47 with a 7 and 10 year old. Like you, I did well at megacorp, gave nearly 6 months notice and walked away from significant golden handcuffs. However, I had planned and prepped for many years. It was the best decision ever! I am so glad I have been able to spend this...

I try to keep my portfolio relatively simple. However, with multiple accounts for my wife and i, and 529s for the kiddos, it gets a little more complicated. In addition to asset allocation, asset location is an important part of my portfolio. I also live in CA, so my bond portfolio consists...

I have a 2006 Z06 that was updated in 2013 with a new 2013 drive train and interior. They added a cam and some porting work before putting the new crate engine in. It is a blast. However, it is more in the $35-38k range. If you are looking for a Corvette, you might get a deal on Z06, but...

We won. I have a mix of rental income and investment income. About 1/3 of our spend comes from rental income, the rest from int/dividends from our investment portfolio. The investment portfolio is about 60/40, +/- 5pts. A large chunk of the 40% bonds is in CA munis. I’m comfortable with the...

You could sell it, then 1031 the proceeds into another rental unit. I purchased another unit in Maui last year. Paid $1.2m, it grosses about $125k per year. Cash flow is about $53k. I use a management company that is factored in above. It is a short term rental, so I get to use it several...