Search results

Awesome! It takes a lot of work over many years to accomplish that! If I read the article correctly, you'll be getting a raise.

One thing I've often wondered about is what percent of Soc Sec beneficiaries actually hit the maximum benefit by paying the maximum tax for at least 35 years. Does anybody here know? Google searches have turned up nothing....

A few factors converged that made the decision easy. 1. Once achieving FI, it was just a matter of time. 2. Work had become more and more like work over the previous 10 years. The pace of high tech was too much for this aging engineer. 3. My product line was being phased out, so I would have...

As long as you're crossing the threshold in the right direction! :laugh:

I notified my boss seven months before my ER date so he would have time to plan. After that, word gradually got around, and my co-workers asked if it was true. I just said yes. Mostly they congratulated me and asked what I was going to do. Nobody asked about how I could afford it, but my...

Started delivering newspapers in 1968 and will retire from my full-time career later this year. If you include all of that, then 48 years. Earned enough working after school to pay FICA starting in 1973. If you include that, then 42 years. Started working full-time in my career in 1979. If...

My boss and I have been discussing my retirement for a few months now, and this week we agreed on a date: June 1, 2016. Megacorp is doing some re-organizing and they may be able to avoid laying off someone if I leave on that date. He said somehow "the numbers work out" that way. If it helps...

That was pretty much my rationale 14 years ago when we bought some farmland. We wanted a way to balance out the stock options I had in my high-tech company, while getting a hedge against inflation. It has worked out reasonably well. Since I spent a lot of time on the farm owned by relatives...

"Asymptotically" is hyperbolic. Ooh, good point. Perhaps I'll keep my ear to the ground and go back to full if it gets dicey.

Like a lot of people on this board, I'm struggling with deciding precisely when to pull the trigger on RE. I really enjoy time off, but I also want to stay involved with a new product line we started a couple years ago. Here's my approach. After achieving FI a few years ago, I checked with my...

Thanks, Hamlet. That clears it up. Rather than implement a whole new tax with all its unintended consequences, why not simply close that particular loophole in the tax code?

Yes, I started at 80% time and pay last year, and it's working out extremely well, thanks to a very accommodating MegaCorp and no benefit reductions. Cutting back on hours has dropped my stress level way down, and therefore probably added years of productivity to my career. With FIRE within...

It does seem that way. Remember what Willie Sutton supposedly said when asked why he robs banks, "because that's where the money is." The gov will not get much $ by taxing the poor. But that's a very short-sighted attitude. If people stop working hard and saving and investing, the whole...

Wow, that reflects my thinking exactly. The best argument against retirement (and the main reason I continue to work) is to keep my skills current. They can take away my wealth, but not my education and skills.

NW -14%. Would have been -19% if not for the fact I'm still working and contributed heavily into investments in 2008. AA is now 30% equities, 40% cash/bonds, and 30% real property (real estate, water rights, mineral rights). Thus it will take 3 years of working to earn back what I lost in 2008.

MegaCorp A offered a buyout last year. After checking around, I was able to get an offer for a similar position in MegaCorp B before I had to decide on whether to accept the buyout. So accepting the buyout was very easy. Deciding what to do next was harder. According to FIRECalc, I could...

I was offered an early retirement buyout with heath benefits last year. Incredible deal. Before I accepted I had already landed a job in a spinoff of my old company, so the decision was really easy. Another sweet part of the deal is because I decline health insurance from my new employer...

Welcome to town, Jake. I'm sure you'll enjoy living here. BTW, I'm taking a temporary retirement myself. My employer offered a very generous retirement buy-out that I couldn't refuse. I'm using this time (a couple months) as a trial retirement to find out how I'll like it and how best to...

"Spring Creek guys"? Never heard of them. I usually ride by myself or with a few friends. There is a Spring Creek Bike Trail in town, maybe that's what they're named after.

B) for both DW and me. My parents made me deliver papers and mow lawns as a kid, so I learned the value of a dollar. Plus in the high-tech industry there is a lot of uncertainty.

In the downtown area there are a lot of solid, older houses you can renovate. Nearby Old Town is very nice, fun for shopping, eating, or just hanging out in the warmer months. No hurricanes, no fire ants, no killer bees, and virtually no humidity. Just ticks and rattlers (in the foothills) and...

I've lived in Fort Collins for 28 years after growing up in the Midwest. It's still a college town, although it's growing into more of a high-tech center with companies such as Intel, AMD, and HP having a major presence. With all the farms and ranches outside of town, there is a really...

My best friend's father was ready to retire at 65, but his boss begged him to stay another year. A year later, he was again ready to retire, but his boss begged him to stay yet another year. He worked one more year, then retired despite his boss's pleas. He died two weeks later. Made me think.

Hello everyone, After lurking for a few weeks, I decided to join in the fray... I'm really impressed with the discussions here, and with the materials available. I don't know how anyone would be able to learn what's needed to RE without this site. After doing my homework, I feel much more...