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Old 02-28-2017, 07:26 AM   #1381
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Over $850k NW (600k-ish investable) Nine hundred, here I come. Don't look all smug over there 1M, you're next.
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Old 02-28-2017, 09:04 AM   #1382
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Originally Posted by WithAPurpose View Post
With the runup in the markets, I crossed $1 million in investable assets today. I know the market giveth and the market can taketh away, but it's nice to see that new digit

Thanks to this community where I can share this feat and gather some wise perspective on it.
Not just an extra digit, but an extra comma!
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Old 02-28-2017, 11:16 AM   #1383
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FINALLY! HOLY CRAP that was painful. 1 yr. 7 months of slogging away at my desk job and I'm finally vested in my pension plan. FINALLY...



I'm not seeing the screenshot. Anyone else?
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Old 02-28-2017, 11:27 AM   #1384
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Originally Posted by dixonge View Post
FINALLY! HOLY CRAP that was painful. 1 yr. 7 months of slogging away at my desk job and I'm finally vested in my pension plan. FINALLY...



I'm not seeing the screenshot. Anyone else?
Nope. I don't think the board supports image files that don't have an image extension (i.e. .jpg etc). As such, you can't share google photos as images. You can share them as regular URL links however (but then people have to click through to see it still).

https://goo.gl/photos/bDpPRnJF3zEcAmhEA

Congrats though!
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Old 02-28-2017, 11:28 AM   #1385
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Quote:
Originally Posted by dixonge View Post
FINALLY! HOLY CRAP that was painful. 1 yr. 7 months of slogging away at my desk job and I'm finally vested in my pension plan. FINALLY...



I'm not seeing the screenshot. Anyone else?

No, it doesn't show up inline in your post. I was able to copy the image link to a new browser and view it, though. Weird...

Anyway, congrats on the vesting!
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Old 02-28-2017, 11:57 AM   #1386
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Originally Posted by vipertom1970 View Post
I am 47, original plans was to be FIRE at 55(2025) but will be able to cut it short at 50(2020) and gave the owner 3 years notice yesterday
3 years notice?!? That is still very generous. I hit 50 this year and gave what I thought was a pretty generous 2 months notice a few weeks ago. I did agree (under a bit of duress) to do 1 additional month part time, but still that is three months, not three years. You are very conscientious!
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Old 02-28-2017, 01:36 PM   #1387
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3 years notice?!? That is still very generous. I hit 50 this year and gave what I thought was a pretty generous 2 months notice a few weeks ago. I did agree (under a bit of duress) to do 1 additional month part time, but still that is three months, not three years. You are very conscientious!
All depends on the job and the market in which replacement is being sought. Someone like forum-member Danmar rightfully gives much more notice than most (And ViperTom may well be in such a category.) Others have reported that giving notice = being ushered to the door by security, so it all depends.

In our case, DW gave email notice to partners confirming prior discussions around 30 months before her July 2017 date. But, small private-practice OBG group with practice based outside of university setting. Getting her replacement took a bit; could have gotten lucky (in which case she'd have quit earlier than noticed), but knew the hiring cycle for those coming out of residency. (I gave just a bit less than 2 years when I found out that our small/tiny firm was looking to hire a new person--thought it best to alert of the gap that would be coming up....)

E.T.A.--congrats on the impending retirement!
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Finally retired on Friday
Old 03-05-2017, 04:15 PM   #1388
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Finally retired on Friday

Well Friday was my last day of work, ever!

Here's my experience so far.

I slept better last night than I have for a long time. I usually wake up 2 or 3 times and check my email to make sure there are no ongoing disasters.

When I woke up this morning and yesterday morning, I instinctively reached for my phone as I do every morning, only to realize I deleted my profile on Friday. So, any issues are now somebody else's problem.

Because of the nature of the job I usually worked a few hours on Saturday morning and all of Sunday evening. This was the first weekend off in a long time. I think since our vacation last June.

All day long today I've had those momentary twinges of foreboding that it's Sunday today which means it's Monday tomorrow, only to immediately realize that doesn't matter anymore.

I didn't have to rush around all weekend getting errands done. I can do them at my leisure tomorrow. Come to think of it what does weekend mean now? I'm assuming it's just the days when everywhere is crowded.

Th original plan was to leave at the end of December. That got changed to February 3rd and Finally March 3rd. In retrospect, I should have left at the end of December. The extra money was nice but counting down the days for the last two months has been a slow kind of torture.

So far so good.
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Old 03-05-2017, 04:17 PM   #1389
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Originally Posted by NameRedacted View Post
Well Friday was my last day of work, ever!

Here's my experience so far.

I slept better last night than I have for a long time. I usually wake up 2 or 3 times and check my email to make sure there are no ongoing disasters.

When I woke up this morning and yesterday morning, I instinctively reached for my phone as I do every morning, only to realize I deleted my profile on Friday. So, any issues are now somebody else's problem.

Because of the nature of the job I usually worked a few hours on Saturday morning and all of Sunday evening. This was the first weekend off in a long time. I think since our vacation last June.

All day long today I've had those momentary twinges of foreboding that it's Sunday today which means it's Monday tomorrow, only to immediately realize that doesn't matter anymore.

I didn't have to rush around all weekend getting errands done. I can do them at my leisure tomorrow. Come to think of it what does weekend mean now? I'm assuming it's just the days when everywhere is crowded.

Th original plan was to leave at the end of December. That got changed to February 3rd and Finally March 3rd. In retrospect, I should have left at the end of December. The extra money was nice but counting down the days for the last two months has been a slow kind of torture.

So far so good.


Nice, congrats
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Old 03-05-2017, 04:33 PM   #1390
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Congrats, I still love Sunday evenings and the quiet of Monday morning when everyone goes off to work.
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Old 03-05-2017, 06:59 PM   #1391
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Quote:
Originally Posted by NameRedacted View Post
Well Friday was my last day of work, ever!

Here's my experience so far.

I slept better last night than I have for a long time. I usually wake up 2 or 3 times and check my email to make sure there are no ongoing disasters.

When I woke up this morning and yesterday morning, I instinctively reached for my phone as I do every morning, only to realize I deleted my profile on Friday. So, any issues are now somebody else's problem.

Because of the nature of the job I usually worked a few hours on Saturday morning and all of Sunday evening. This was the first weekend off in a long time. I think since our vacation last June.

All day long today I've had those momentary twinges of foreboding that it's Sunday today which means it's Monday tomorrow, only to immediately realize that doesn't matter anymore.

I didn't have to rush around all weekend getting errands done. I can do them at my leisure tomorrow. Come to think of it what does weekend mean now? I'm assuming it's just the days when everywhere is crowded.

Th original plan was to leave at the end of December. That got changed to February 3rd and Finally March 3rd. In retrospect, I should have left at the end of December. The extra money was nice but counting down the days for the last two months has been a slow kind of torture.

So far so good.
Wow. That was a tough job! I think you will like your new routine much better!
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Old 03-05-2017, 07:29 PM   #1392
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Quote:
Originally Posted by NameRedacted View Post
Well Friday was my last day of work, ever!

Here's my experience so far.

I slept better last night than I have for a long time.
Congrats to you!
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Old 03-10-2017, 09:15 AM   #1393
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crossed the half mil. mark back in Oct, I was pleasantly surprised and kicking myself in the butt at the same time. It took me 14 years to get there, felt like forever. Looking back I should have been more aggressive in my investments (mostly target funds.) Even if I had just invested a small portion in my megacorp's stock, I'd have been $80k to $100k closer to $1 mil mark.

oh well, hindsight is always 20/20. been moving some funds to qqq and vigrx.
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Old 03-10-2017, 02:32 PM   #1394
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It is equities only and generates about 8k of dividens/month.

We are still working and adding to it.
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Old 03-10-2017, 02:41 PM   #1395
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Quote:
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I just turned 30 years old and have saved $133,000.00 with only a small car loan $7,000 left on a $15,000.00 car at 2.75% and small mortgage $64,000.00 left on a $120,000.00 condo at 3.375% for debt. Making just under $50,000.00 a year this puts me at 2.66 times my salary at a very young age. I've been maintaining a savings rate around 40%.
Congratulations! You remind me of my son. He is 4 years younger, and should be close to your savings amount at your age. He has only $20K in debt but he's just bought a house so that's about to change dramatically. I envy people at your age that "get it" - I was at least 10 years older than you before I did.

I expect you'll be retiring early, best of luck to you!
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Old 03-10-2017, 03:14 PM   #1396
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I envy young savers as well. I was at $107,000 net worth when I was 30 but I was earning close to $90,000/year so 1.2x salary savings ratio which wasn't that great. Now saving ratio is 6x salary at 42. And savings rate is approaching 60-65% of salary.
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Old 03-10-2017, 04:43 PM   #1397
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Originally Posted by pjigar View Post
I envy young savers as well. I was at $107,000 net worth when I was 30 but I was earning close to $90,000/year so 1.2x salary savings ratio which wasn't that great. Now saving ratio is 6x salary at 42. And savings rate is approaching 60-65% of salary.
Savings rate 60-65% of salary?!? That ROCKS. Nice job!
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Old 03-10-2017, 06:22 PM   #1398
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Savings rate 60-65% of salary?!? That ROCKS. Nice job!
Yes, but 60-65% of net income.
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Old 03-11-2017, 08:55 AM   #1399
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Savings rate 60-65% of salary?!? That ROCKS. Nice job!
+1

Well on your way to being a PAW!
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Old 03-11-2017, 09:15 AM   #1400
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Quote:
Originally Posted by pjigar View Post
I envy young savers as well. I was at $107,000 net worth when I was 30 but I was earning close to $90,000/year so 1.2x salary savings ratio which wasn't that great. Now saving ratio is 6x salary at 42. And savings rate is approaching 60-65% of salary.
Color me impressed, too. I pierced the 60% savings rate twice in my working years, but that was due to some very strong years of investment income which got reinvested and therefore counted (for me) as part of my savings rate. I was usually in the 35%-55% range for most of my working years.
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