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Laid off and retired on Oct 12th So, I was planning an end of the year exit, and not sure who I should be thankful to, I was lucky enough to be on the list! Four of us were let go on Tuesday, all managers since the boss wants to insert his peeps. Got a six month severance and I'm golden! Taking...

update after three years! Total portfolio is $4.3M. AA cash 5%, Muni 13%, stock (S&P500, international index funds) 82%. Plan to ER oct or nov 2021. Only two months to go.

Quick update after year and half. Total portfolio is $2.4M. AA cash 5%, Muni 6%, stock (S&P500, international index funds) 89%. New savings will go to CD and Bonds to bring AA back a bit.

I’m looking at mid 2020 ER.

Did a search and didn’t find class of 2020. Let me know if there is one already. We are targeting July 2020 to be FIREd.

Yes. I have been max out my 401k contribution since first year I had full time job, and even for the last 12 years without company matching so I'm very proud of myself for doing that. On the topic of tax, it's probably one of the most time consuming one for me. My thinking during retirement is...

It really is! I find myself checking the posts almost daily.

I don't. Originally I thought I needed that much to retire but ppl here point out the right amount so I'm adjusting to a much earlier date.

So after running FIRECALC, it seems to make sense to payoff the mortgage at time of retirement, also I need to add about 6k each for health insurance, so the cost of living is about 81K after mortgage is paid off. The goal for me is to get the portfolio to about 2.9M for FIRE. I plan to do that...

All excellent points, really appreciated. My tax deferred is about 1/3 of the total investments. Currently, we are getting hit by AMT pretty much each year, so I look at mortgage once a while. So far I still leaning toward continuing stock investment by max out the deferred (our co doesn't...

I guess if we move to a COLA location like TX, or FL, we can basically retire today. Just a thought...

Ok look like I can moved the date from 2027 to 2025 without any issue. I will fine tune the numbers in firecalc and track my progress here. I'm starting to track my expenses in more details now on.

Thanks. I will run firecal to see, btw is there an app or mobile version of the firecal?

I'm hoping it will be earlier too, I have coworker/friend who is around that age now so I'm looking at him as my future self and adjusting accordingly.

Greeting everyone, being reading the posts for long time finally want to post and introduce myself. Was planning to just take a year off in 2019 but decided to FIRE for a later date instead. Currently 43 year old living in southern cal Now plan to FIRE in 10 years when I'm 53, DW is one year...