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07-19-2021, 04:51 AM
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#61
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Moderator
Join Date: Feb 2010
Location: Flyover country
Posts: 25,198
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Quote:
Originally Posted by RunningBum
Maybe they wanted to, but after being pointed toward FireCalc they learned that they didn't have quite enough? There could also be a discussion of what you consider early and what they do.
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"Early" is best defined by the person claiming to be ER.
In my personal view, any retirement prior to collecting SS would be considered early, so there is no point quibbling about somewhat early, very early, extremely early, etc.
__________________
I thought growing old would take longer.
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07-19-2021, 05:10 AM
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#62
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Administrator
Join Date: Apr 2006
Posts: 22,971
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Quote:
Originally Posted by DireWolf
I retired at 50. I figured the vast majority of this forum was going to be people who retired early, since it’s right there in the name. I’m actually confused why there’s so many here who didn’t retire until more normal retirement age.
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No confusion necessary. The name can be aspirational as well as descriptive. In fact, there are plenty of young people here who are currently working hard to retire "early" (however they define it). Those strivers may succeed, or they may not. There are also those already retired, some "early," some not so early. We welcome everyone.
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Living an analog life in the Digital Age.
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07-19-2021, 05:39 AM
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#63
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Full time employment: Posting here.
Join Date: Jun 2014
Posts: 518
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Guess I'm part of the 1%.
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07-19-2021, 06:48 AM
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#64
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Thinks s/he gets paid by the post
Join Date: Sep 2013
Location: Cincinnati, OH
Posts: 4,353
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3% here, retired at 53.
__________________
The problem isn't artificial intelligence, it's natural stupidity.
You can't spend yourself to prosperity.
Semi-Retired 7/1/16: working part-time (60%) for now [4/24/17 changed to 80%]
Retired Aug 2, 2017; age 53
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07-19-2021, 06:57 AM
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#65
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Full time employment: Posting here.
Join Date: May 2019
Posts: 520
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I missed it by a few years. I am 46, have bene retired for 6 months. Yes, 6 whopping months.
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07-19-2021, 08:21 AM
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#66
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Thinks s/he gets paid by the post
Join Date: Oct 2002
Location: Chattanooga
Posts: 3,877
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Retired the month I turned 54 and never looked back. Turned 70 in June and if I had any regrets whatsoever, it's that I didn't retire earlier.
__________________
Earning money is an action, saving money is a behavior, growing money takes a well diversified portfolio and the discipline to ignore market swings.
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07-19-2021, 08:40 AM
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#67
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Full time employment: Posting here.
Join Date: Apr 2011
Location: Castro Valley
Posts: 788
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Retired at 51 in 2009. Now 63 and will never work again.
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07-19-2021, 09:00 AM
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#68
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Dryer sheet aficionado
Join Date: Dec 2017
Location: Hagerstown
Posts: 32
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I too thought the title was referring to safe withdrawal rate. I'm not 3% in either category.
-17%er for early retirement. Age 58 in 2020
-4.0% WR until start of SS and mortgage paid off in 2028. Then 1.5%
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07-19-2021, 09:07 AM
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#69
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,201
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I'm a 13%er based on that chart, and I might as well have worked a few more years. But I don't regret pulling the trigger when I did, are retirement planning odds of success are very good if history is any guide...
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
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07-19-2021, 09:47 AM
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#70
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Thinks s/he gets paid by the post
Join Date: Jul 2012
Location: Texas
Posts: 3,024
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I was out at 52 as soon as I knew my numbers were solid. Original plan was 55, which would have enabled me to retain unvested options and RSUs, plus a bigger pension. But the job had become quite unpleasant and I wanted more time to do things I enjoy.
DW followed 3 years later at 56, but we were FI when she was 53. She enjoyed her job, the routine, the people. She only retired at 56 because her boss of 26 years was also retiring. She misses the routine and the people but didn't want to go through a bunch of reorganization.
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Retired at 52 in July 2013. On to better things...
AA: 85/15 WR: 2.7% SI: 2 pensions, SS later
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07-19-2021, 04:40 PM
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#71
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Recycles dryer sheets
Join Date: Nov 2011
Posts: 182
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Out at 49. Never looked back.
__________________
FIREd 2012 at Age 49
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07-19-2021, 06:31 PM
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#72
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Thinks s/he gets paid by the post
Join Date: Sep 2014
Location: The Great Wide Open
Posts: 3,789
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Out at 56, happy as a lark as my BS bucket was full, DW,6 months later at 58.
__________________
Give me Liberty or give me Death. Patrick Henry
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07-19-2021, 07:13 PM
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#73
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Thinks s/he gets paid by the post
Join Date: Jul 2007
Posts: 3,222
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Retired at 53, zero regrets.
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07-19-2021, 07:27 PM
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#74
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2004
Location: Laurel, MD
Posts: 8,309
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Quote:
Originally Posted by flyingaway
The graph looks depressing. I want to retire at 58. It looks like that I will be in the 17% category, which makes me feel strange. I want to be with the flow.
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I had the opposite reaction. At 59, I m still ahead of the wave starting at 61 so it still feels early.
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...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
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07-19-2021, 07:38 PM
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#75
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2011
Location: NC Triangle
Posts: 5,807
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53 for me.
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07-19-2021, 07:43 PM
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#76
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Thinks s/he gets paid by the post
Join Date: Mar 2013
Posts: 1,016
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Retired 22 days before my 55th birthday, so I guess I made it in.....
__________________
Well of course it is my opinion, why would I express someone else's??
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07-19-2021, 08:37 PM
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#77
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Thinks s/he gets paid by the post
Join Date: Nov 2009
Location: SF East Bay
Posts: 4,323
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Another 1%'er here. Checked out at age 45. Am now 57. I was aware that, due to my modest investment stash, I might possibly be committing myself to a lifetime of lower income. A healthy bull market over the last decade or so eased those concerns. SS will come in handy too. I think I'm going to be OK.
__________________
Contentedly ER, with 3 furry friends (now, sadly, 1).
Planning my escape to the wide open spaces in my campervan (with my remaining kitty, of course!)
On a mission to become the world's second most boring man.
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07-19-2021, 08:38 PM
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#78
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Full time employment: Posting here.
Join Date: Nov 2003
Posts: 578
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52 for me. Best decision of my life.
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07-19-2021, 09:56 PM
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#79
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2014
Posts: 7,001
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I retired at 58 and 7 months later started teaching a online college class. I did that for 8 years with a tiny bit of consulting. I still do the consulting at 67 but it’s a very small amount.
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07-20-2021, 06:32 AM
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#80
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Recycles dryer sheets
Join Date: May 2015
Posts: 114
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Retired at 46 - accepted a consulting job at a start up when I was 47 and plan to re-retire next year at 52.
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