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Quiting day job June 2014
Old 11-03-2013, 01:14 PM   #1
Confused about dryer sheets
Join Date: Nov 2013
Location: Ellicott City
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Quiting day job June 2014

Hello, I have just decided this weekend that 30 June 2014 will be my last day of work at my paid job. I choose the thread name because we plan to continue and increase our voluntary "work" through our church. I'm excited but wife is a bit apprehensive, however I've been reading this site for a while and have no doubt that it is the right time. So, after working pretty hard for over 38 years, including 21 in the Air Force, I get to take a little break I'll be 57! My wife and I are both detail oriented and have always budgeted and so we know exactly what we currently spend, about 65K per year and that includes a small mortgage payment plus two new car payments, and all medical even after I quit. Only to say that we have some margin if needed. All of the calculators show I can generate between 92-100K per year with a 2.5-3% inflation factored in and I know my taxes will be 13-14% total even here in high-tax Maryland. So we will have 80-84K after tax income plus we also get about 10K from an informal rental arrangement for now. So glad to be able to join you all in this adventure. Oh and we've been blessed with my wife being a stay at home mom and volunteer serving others for the last 30+ years. Hobbies and activities include helping others less fortunate, bicycling, hiking, motorcycles and of course grand kids.
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Old 11-03-2013, 01:32 PM   #2
Full time employment: Posting here.
Join Date: Jan 2005
Posts: 587
My co-worker retired last year and his wife was like your wife (volunteering) and she was also worried. So I thought it was so cute when she changed her Facebook status to retired (with an exclamation point) when he retired. She had been his partner all those years and had taken up the slack and could now relax with him.

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Old 11-03-2013, 02:47 PM   #3
Thinks s/he gets paid by the post
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Join Date: Mar 2013
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Welcome to the forum, and good luck on the June 30 retirement date! There is still eight months between now and then, so hopefully nothing will get in the way and derail your plans.
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Old 11-04-2013, 05:33 PM   #4
Confused about dryer sheets
Join Date: Nov 2013
Location: Ellicott City
Posts: 2
Thanks for the welcome TinLizzy, that is cute. I hope my wife comes around to that attitude.

Ready - Thanks for the welcome and gentle reminder to not count chickens before they hatch. Most of our income will be "guaranteed", so we really are set to cover current spending and some extra fun as well.
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Old 11-05-2013, 04:23 PM   #5
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Join Date: May 2011
Posts: 872
Congrats! You will be a free bird come June 2014!
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