Gettingalife
Confused about dryer sheets
- Joined
- Jul 17, 2011
- Messages
- 1
Hubby (age 49) and I (age 42) reached financial independence this week. We don't owe a dime to anyone and have a net worth of $1.4 million. We live in a house worth $700,000 which at one time was our dream home, which now just is too big and too much money tied up in one egg. Fortunately where we live the oil boom is back on and real estate is on its way up not down. We intend to sell our house in the Spring of 2012 and move to a much nicer climate on Vancouver Island to a much cheaper home ($400-$500,000 with less square footage and cheaper taxes). We have four kids from his previous marriage, two of which have now graduated from highschool and are choosing to work rather than go to college right now. There is $80,000 saved separately for their education which in Canada is enough and hubby has been able to grow that investment by 10% each year. They are fully aware we are moving and quite supportive with the understanding they are now old enough to fly the one hour out to see us alone (youngest is 14) and we intend to fly back several times a year as well. There is some guilt about leaving the kids but on our part, not theirs. They are all living their own lives now and need us less. Perhaps seeing each other once every four of five months would make these relationships better with an appreciation for each other.
Hubby has worked in an extremely high stress job for the last twenty years and gotten paid for it. His company would love to promote him but he has no interest. I have been with him for eight years, married for five and would like to know that he has many healthy happy years ahead, not see him have a heart attack due to work. I really think this will extend his life by about 10-15 years.
At age 60 he will get CPP (Canadian retirement funds) with additional funds available at 65 (old age pension) depending on our income at that point.
I will not necessarily retire, I intend on taking one year off to see what I want to do with the rest of my life and then likely will get at least part-time work. My current job is very stressfull and one I happened into, not chose. If funds ever run low I will return to full-time work to help support us.
Our only bill right now is child support for the two younger children, which we fully intend to pay the same amount to ensure they are well cared for.
The hardest part, frankly, is making it through the next eight months of our life.
Hubby has worked in an extremely high stress job for the last twenty years and gotten paid for it. His company would love to promote him but he has no interest. I have been with him for eight years, married for five and would like to know that he has many healthy happy years ahead, not see him have a heart attack due to work. I really think this will extend his life by about 10-15 years.
At age 60 he will get CPP (Canadian retirement funds) with additional funds available at 65 (old age pension) depending on our income at that point.
I will not necessarily retire, I intend on taking one year off to see what I want to do with the rest of my life and then likely will get at least part-time work. My current job is very stressfull and one I happened into, not chose. If funds ever run low I will return to full-time work to help support us.
Our only bill right now is child support for the two younger children, which we fully intend to pay the same amount to ensure they are well cared for.
The hardest part, frankly, is making it through the next eight months of our life.
