View Poll Results: What method did you use to ER?
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LBYM and save
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34 |
69.39% |
Sell appreciated house
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1 |
2.04% |
Inheritance or stock options
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5 |
10.20% |
Move abroad
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0 |
0% |
Pension plan
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9 |
18.37% |
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06-22-2005, 07:48 AM
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#21
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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Re: How did you ER
Quote:
Originally Posted by wildcat
Nords and Wab --
41 and 37...I'm jealous errr motivated
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Jealous...and...late...
__________________
Have Funds, Will Retire
...not doing anything of true substance...
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06-22-2005, 11:25 AM
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#22
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Re: How did you ER
Quote:
Originally Posted by retire@40
Same thing could be said for DH and DW. That "D" could mean either "Dear" or "Dumb."
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Thats the tasty part of it!
DH could also = Dick Head...
I aint doin' it for 'DW'...
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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06-23-2005, 05:15 PM
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#23
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Dryer sheet wannabe
Join Date: Jun 2005
Posts: 24
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Re: How did you ER
Bump. We are getting some interesting results. Saving is the clear winner, followed a distant second by pension. Only 2 got a financial windfall. I'll keep this unscientific poll open a while longer.
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06-23-2005, 05:19 PM
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#24
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Re: How did you ER
Technically I didnt vote because I got there by more than one option, almost equally weighted, and I couldnt vote for 2 different things...
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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06-23-2005, 06:57 PM
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#25
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Thinks s/he gets paid by the post
Join Date: Feb 2005
Location: Lou-evil
Posts: 2,025
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Re: How did you ER
Don't meet the qualifications to vote
__________________
"These walls are kind of funny. First you hate 'em, then you get used to 'em. Enough time passes, gets so you depend on them"
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06-23-2005, 08:26 PM
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#26
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Dryer sheet aficionado
Join Date: Jan 2005
Posts: 36
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Re: How did you ER
We did it by LBOM and saving everything we could. My husband is 62 and I am 55. Retired this year. I have a pension, my husband has his SS.
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06-24-2005, 08:08 AM
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#27
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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Re: How did you ER
Though neither FI or RE, I voted LBYM/save (like crazy)...
No inheritance coming, have a few SOs, lower that Davy Jone's locker, home appreciating but not bubbling, expect decent future returns, but probably no windfall, etc.
Only corp carrot left is health insurance, which could turn out to be a valuable carrot, assuming it isn't canceled.
__________________
Have Funds, Will Retire
...not doing anything of true substance...
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06-26-2005, 09:10 AM
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#28
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2003
Location: Florida's First Coast
Posts: 7,666
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Re: How did you ER
Simple, Saved $1.5m ER'd at 49 & 46 Resp. (Now getting there was not so simple)
SWR
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
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06-26-2005, 11:25 AM
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#29
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Thinks s/he gets paid by the post
Join Date: Mar 2004
Posts: 2,341
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Re: How did you ER
I voted LBYM.
Being single and very frugal (cheap), I actually LWBYM (Live Way Below Your Means). Of course, it is easier to LWBYM when you own a 2 fam house and earn over 6 figures for the last 8 years. Now if I had invested my money more wisely in 2000, I would have truly RE a few years earlier.
__________________
I look to the present moment because that's where I live my life.
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06-26-2005, 12:46 PM
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#30
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Thinks s/he gets paid by the post
Join Date: Feb 2004
Location: Mid Hudson Valley
Posts: 1,781
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Re: How did you ER
LBYM then having a JG "just do it " attitude at 53 six months ago. No rerets - not one
BUM
__________________
In a panamax down by the river.
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06-26-2005, 04:05 PM
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#31
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Thinks s/he gets paid by the post
Join Date: Mar 2005
Posts: 2,594
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Re: How did you ER
It's "sale of appreciated house" ... but rental property.
Will start retirement in October at 43.
__________________
FIRE'd since 2005
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06-26-2005, 04:26 PM
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#32
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Full time employment: Posting here.
Join Date: Apr 2005
Posts: 577
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Re: How did you ER
LBYM and saving, mainly, didn't sell appreciated house yet, been told about an inheritance/trust but it's not in my plans.
Might still work a few part time hours mostly because I'm way behind billing my cases and closing down my office. I haven't been planning this a long time. When I wanted to ER, I realized I could. I'm 43.
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06-26-2005, 05:14 PM
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#33
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2003
Location: Kansas City
Posts: 7,968
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Re: How did you ER
I was DCA' ing my way to 1.3 mil at age 63 and 35 yr gold watch and defined pension - when I was layed off at the tender age of 49* jan 1993 with 200k in 401k, a duplex, and a girlfriend with a 100k 401k.
The rest is history - wouldn't look pretty on a spreadsheet - but looking back it was easy.
" Sis on you pister" - I wasn't gonna work no more (slipped in a 1 yr temp job in 95).
Discovered this forum in 2003 - now I are a high class ER - which is easier to spell than unemployed engineer.
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06-26-2005, 05:24 PM
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#34
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Confused about dryer sheets
Join Date: Jun 2005
Posts: 2
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Re: How did you ER
This is another NYC guy. After 27 years 4 months and 10days of working for NYC I retired at age 46. 8) The pension did it. But smart investing and a large gain from the sale of the house permitted us to find paradise in the high desert of AZ. Never been happier! No regrets but do miss real bagels and bialys!
Ed
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06-26-2005, 07:25 PM
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#35
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Recycles dryer sheets
Join Date: Jun 2005
Posts: 201
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Re: How did you ER
Not retired yet but close to FI - 35 years old.
I was lucky enough to have a fantastic education (both academic and in practical "life skills"). This provided the basis of good employment income stream, business oportunities/ideas and investment sense that has got us pretty far.
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06-27-2005, 03:20 PM
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#36
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Recycles dryer sheets
Join Date: Oct 2004
Posts: 295
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Re: How did you ER
LBYM, then have the co. that I worked for (28yr, 50 yr old) tell me goodby after my third back operation. I feel pretty good, but do not recommend the route I took. Now I'm here, it's great!* *Shredder
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06-27-2005, 07:12 PM
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#37
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Full time employment: Posting here.
Join Date: Mar 2004
Location: No Where for Very Long
Posts: 769
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Re: How did you ER
LBYM and retired at 49. Living in Thailand doesn't hurt
Lance
__________________
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07-02-2005, 11:10 PM
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#38
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Dryer sheet wannabe
Join Date: Jun 2005
Posts: 24
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Re: How did you ER
One more bump and then I'll finalize the results. At present 70% LBYM, 20% pension, 10% financial windfall (inheritance, stock options, etc.)
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07-03-2005, 07:40 AM
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#39
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Thinks s/he gets paid by the post
Join Date: Mar 2004
Posts: 2,341
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Re: How did you ER
My formula was, being single, making an excellent salary and LWBYM (way below). I would have RE'd a lot sooner if I wasn't such an ignorant invester.
__________________
I look to the present moment because that's where I live my life.
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07-03-2005, 08:15 AM
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#40
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 2,450
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Re: How did you ER
I am a wanabe and targeting my 40s for a possible exit or at least semi-retire. I am counting on the following: 100% LBYM and dollar cost averaging into my investments. Saving 20-30% of my income. Once I reach age 55, I will be able to gather some pension money for around 20 years of service.
__________________
- Hurry! to the cliffs of insanity!
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