Join Early Retirement Today
Reply
 
Thread Tools Display Modes
Hello all
Old 10-18-2010, 02:32 PM   #1
Recycles dryer sheets
 
Join Date: Oct 2010
Posts: 392
Hello all

Love this forum!

I am 54, hub is 56, and we are thinking of retiring no later than April 2012. I have a large bonus that is paid in April, as well as stock options that vest (and are very low priced) so timing to take advantage of those sources of income.

We have about 1.4M and I have run firecalc a number of times. We both have been low 6 figure wage earners so our SS numbers are good, even if they end up delayed.

Our only wild card is college is my husband's youngest kid (Jr in HS). We are encouraging her to attend a university in Canada which is excellent and will save us 20K per year. Her dad will never say no, so if she chooses another one that costs 50-55K he will have to keep working. Sort of a shame, but that is up to him.

My date is set!
BellBarbara is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 10-18-2010, 02:41 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Sarah in SC's Avatar
 
Join Date: Sep 2005
Location: Charleston, SC
Posts: 13,566
Great news and welcome! Glad to hear you are well on your way to FIRE! So, what are your post-work plans?
__________________
“One day your life will flash before your eyes. Make sure it's worth watching.”
Gerard Arthur Way

Sarah in SC is offline   Reply With Quote
Old 10-18-2010, 03:01 PM   #3
Recycles dryer sheets
 
Join Date: Oct 2010
Posts: 392
Our main post work plans are related to travel and some house projects. We are setting aside a chunk of money for these (not including them in the calculations) so that we will not chicken out. We both love travel. First few trips include 3-4 weeks Aus/NZL, drive to Alaska (from Boston area), and extended latin america trip. Projects include remodeling the master bath ourselves (except plumbing and electrical) and leveling an area of our property to increase the yard size and resale value.

After we settle down from these projects we want to do a lot of volunteer work. Hub is researching these opportunities.
BellBarbara is offline   Reply With Quote
Old 10-18-2010, 05:18 PM   #4
Thinks s/he gets paid by the post
obgyn65's Avatar
 
Join Date: Sep 2010
Location: midwestern city
Posts: 4,061
Congratulations Barb. And welcome.

Quote:
Originally Posted by BellBarbara View Post
My date is set!
__________________
Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
obgyn65 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


» Quick Links

 
All times are GMT -6. The time now is 11:11 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.