Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Started counting down 35 years ago
Old 03-18-2010, 09:46 PM   #1
Dryer sheet wannabe
willywonka's Avatar
Join Date: Dec 2009
Location: SF Bay Area
Posts: 23
Started counting down 35 years ago

Greetings folks. I'm trying to retire this year when I get all my ducks lined up. I'm 63 in May, my wife is 55 (yes I robbed the cradle). We live near San Francisco, but we want to move to a less crowded area, probably out of state, where the cost of living is lower. Our health is quite good so far, and we're trying hard to maintain that. I've worked in high tech for 35 years as an engineer and engineering manager. I liked the the challenging problems and the pay was good. But the last 10 years have not been all that fun. Now my kids are all out of the house, their college is paid for, and I'm really ready for my next phase...I think.

Here are my stats:
$995k in a 50/50 bonds/equities IRA managed by Merriman
Health insurance provided by my former employer. I pay $437/mo
Total monthly bills ~$3000 on average
House is paid for ~ $500k value
No other debts

I have enjoyed this forum immensely since I discovered it a few months ago. So glad to have you all as my mentors!
willywonka 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 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 03-18-2010, 11:45 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Koolau's Avatar
Join Date: Jul 2008
Location: Leeward Oahu
Posts: 12,678
Welcome to the Forum, willywonka. Sounds like I hear several ducks quacking already, heh, heh. Congrats on your impending retirement.


Ko'olau's Law -

Anything which can be used can be misused. Anything which can be misused will be.
Koolau is offline   Reply With Quote
Old 03-19-2010, 07:23 AM   #3
Recycles dryer sheets
WB52's Avatar
Join Date: Sep 2008
Posts: 169
Congratulations on your upcomming retirement WW! Looks like you are in good shape to FIRE right now and once SS kicks-in you will have even more breathing room (financially). Hope you and your wife enjoy the next great advanture.
WB52 is offline   Reply With Quote
Old 03-19-2010, 06:21 PM   #4
Recycles dryer sheets
HsiaoChu's Avatar
Join Date: Feb 2010
Posts: 389
My daughter lives in Oakland and her boyfriend works in San Fran. Almost anywhere you move will be cheaper than where you live now.

Do you want to move far away? My daughter says that she'll always be an East Coast Girl because everything is different on the west coast especially California.

HsiaoChu is offline   Reply With Quote
Old 03-19-2010, 08:14 PM   #5
Dryer sheet wannabe
willywonka's Avatar
Join Date: Dec 2009
Location: SF Bay Area
Posts: 23
I wouldn't mind a big change. DW originally was firm on staying close by the pacific ocean, but now is more open. I spent a large part of my childhood in Virgina and have always missed it. We've looked at the Sierra foothills in eastern California, Oregon, and Washington.

Very true about everything being different out here. And not always in a good way. But generally people are the same. We're all just rolling along on the same big roller coaster. There is some difference between city people and people who live in rural environments though, no matter what part of the country we're talking about. I think I am more comfortable with the latter.
willywonka is offline   Reply With Quote
Old 03-19-2010, 10:12 PM   #6
Thinks s/he gets paid by the post
Join Date: Mar 2010
Posts: 1,973
I'm from Virginia and understand why you might miss it. Your stats are similar to mine....except I'm 54 with 4 more years of savings before the BIG DAY! Just saving all I can while I can. My income needs are a bit higher than yours. Congratulations on making the decision to retire.
sheehs1 is offline   Reply With Quote

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

Advanced Search
Display Modes

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

Similar Threads
Thread Thread Starter Forum Replies Last Post
45 years ago today 73ss454 Other topics 31 11-25-2008 11:37 PM
FIREd 2 years ago, and still trying to figure it out harley Hi, I am... 10 06-30-2008 01:00 PM
Military investment advice I wish I'd had 25 years ago Nords Young Dreamers 22 10-12-2007 04:25 PM
Hello from NoVa - 20 years to go and counting DJRR Hi, I am... 6 10-01-2007 04:14 PM
Are you better of than you were 4 years ago? GTM FIRE and Money 8 01-08-2005 06:30 AM

» Quick Links

All times are GMT -6. The time now is 02:59 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2023, vBulletin Solutions, Inc.