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02-12-2021, 04:12 PM
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#121
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2013
Location: Limerick
Posts: 5,375
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We just realized we have reached eight figures for the first time, even considering what the government is about to take from us because of Roth conversions last year.
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02-12-2021, 04:50 PM
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#122
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2016
Posts: 8,656
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Dash man that is awesome and it doesn't happen by accident!!! Is that NW or just portfolio??
Not sure I will ever make that milestone but I'm well over half way there now (NW) and over half in portfolio also.
Regardless of what we have in NW, I feel so blessed to have my health and things I love so much.
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Share Your FIRE Milestones - 2021
02-12-2021, 05:01 PM
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#123
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2013
Location: Limerick
Posts: 5,375
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Share Your FIRE Milestones - 2021
Quote:
Originally Posted by street
Dash man that is awesome and it doesn't happen by accident!!! Is that NW or just portfolio??
Not sure I will ever make that milestone but I'm well over half way there now (NW) and over half in portfolio also.
Regardless of what we have in NW, I feel so blessed to have my health and things I love so much.
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Portfolio is about $9M, real estate about $2M (two houses, 2 townhomes our boys live in, and a beach condo in FL).
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02-12-2021, 05:24 PM
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#124
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2013
Location: Limerick
Posts: 5,375
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Quote:
Originally Posted by street
Dash man that is awesome and it doesn't happen by accident!!! Is that NW or just portfolio??
Not sure I will ever make that milestone but I'm well over half way there now (NW) and over half in portfolio also.
Regardless of what we have in NW, I feel so blessed to have my health and things I love so much.
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If you’re well over half way there, you’ll make it before you know it!
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02-12-2021, 05:28 PM
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#125
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2016
Posts: 8,656
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^ Thanks and you have done well! So many things to be thankful for in life.
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02-12-2021, 05:43 PM
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#126
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2013
Location: Limerick
Posts: 5,375
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Quote:
Originally Posted by street
^ Thanks and you have done well! So many things to be thankful for in life.
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Yes, and I love being able to give back. Especially this past year where so many were hurting.
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02-12-2021, 06:45 PM
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#127
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Full time employment: Posting here.
Join Date: Sep 2016
Location: Way up North
Posts: 520
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I fell short of a potential milestone in 2020. Everything financial went right for me in 2020 - retired with great severance, markets up strongly, my side gig business had a major uptick, my little bitcoin holding through the roof. I almost, but not quite, added $1M to IA in 2020. I doubt there will ever be another year for me with the potential to break that milestone.
Going forward, my DSO (dear significant other) is retiring in April. We have kept separate finances over our 12 years together and I didn't know much about how she was set up. We recently had a couple sit downs to go over her investment plans for retirement and she is doing better than I thought and is an IA millionaire in her own right  , with a reasonable private pension and strong SS record. Doesn't effect my standing, but gives an additional emotional boost. We have placeholder appointments to go in to the attorney and set up our wills, trusts and POAs as soon as we're able to have a face to face sit down. Lots of paperwork gobbledy-gook, but all good and positive milestones to look forward to.
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02-13-2021, 03:42 AM
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#128
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Recycles dryer sheets
Join Date: Dec 2006
Posts: 237
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Quote:
Originally Posted by bada bing
I almost, but not quite, added $1M to IA in 2020. I doubt there will ever be another year for me with the potential to break that milestone.
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You likely will be surprised. It is amazing how the dollars compound. You go from a net worth of $1M, to an annual increase in net worth of $1M being amazing, to a $1M annual increase just being the ordinary decent year. But the best part of all is not having the headaches and stresses of working...
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02-15-2021, 07:23 AM
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#129
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gone traveling
Join Date: Feb 2021
Posts: 19
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Quote:
Originally Posted by Dash man
Portfolio is about $9M, real estate about $2M (two houses, 2 townhomes our boys live in, and a beach condo in FL).
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How is 9M portfolio structured? Stocks vs bonds vs CDs
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02-16-2021, 12:24 PM
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#130
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Thinks s/he gets paid by the post
Join Date: Jun 2004
Location: Diablo Valley (SF Bay Area)
Posts: 2,689
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Found this online and I'm surprised his estate is only 2m. How can my NW be higher? Isn't he one of the gurus people follow??
https://www.yahoo.com/entertai...ang...181621744.html
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02-16-2021, 12:41 PM
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#131
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Thinks s/he gets paid by the post
Join Date: May 2016
Location: Mid-Atlantic
Posts: 2,449
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Quote:
Originally Posted by gayl
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Looks like you meant this article? (I can't help but figure out stuff like this when there's missing info.)
And it's easy for people with a huge income to develop expensive tastes, and even live on debt. His job was such that he could keep doing it until a very old age.
__________________
-Looking to FIRE in the mid-2020s, which would be our mid-50s.
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02-16-2021, 12:44 PM
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#132
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Thinks s/he gets paid by the post
Join Date: Jun 2004
Location: Diablo Valley (SF Bay Area)
Posts: 2,689
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Yeah. I was linking to what was apparently the short version. Still just 2m?? Personally surprised.
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03-08-2021, 08:05 AM
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#133
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Confused about dryer sheets
Join Date: Sep 2019
Location: Houston
Posts: 8
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New Milestone in 401k
I surpassed $2,500,000 in my 401k for the first time last week.
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03-08-2021, 08:11 AM
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#134
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Recycles dryer sheets
Join Date: Jun 2016
Location: Indian Head
Posts: 144
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Quote:
Originally Posted by Blurestraveler
I surpassed $2,500,000 in my 401k for the first time last week.
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Nice job! I know that is many years of hard work. Been there, done that.
__________________
Retired on December 20th 2016, after 37 years with same company.
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03-08-2021, 02:01 PM
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#135
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Thinks s/he gets paid by the post
Join Date: Mar 2007
Posts: 1,771
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Hit a new peak today in overall savings. Caused by "buying the dip" about a 10 days ago.
__________________
"Live every day as if it were your last, and one day you'll be right" - unknown
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03-10-2021, 05:55 PM
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#136
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Confused about dryer sheets
Join Date: Sep 2019
Location: Houston
Posts: 8
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Surpassed $5 million in liquid assets.
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03-10-2021, 06:28 PM
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#137
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2016
Posts: 8,656
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Outstanding milestones!
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03-10-2021, 06:38 PM
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#138
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Thinks s/he gets paid by the post
Join Date: Feb 2021
Location: Puget Sound
Posts: 2,860
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Our milestone was me finding this forum after getting serious about retirement, and seeing the end of the work tunnel.
Once I got here it became clear we could do it sooner than later, and you have given me a ton of things to think about. We don't have millions in investments or real estate, but I do have a pension and retiree medical that helps pave the path for us.
We have set a date range for pulling the plug on work, and it will only go to the far end of that range to max out DW's 403b contribution for 2023. I get a grin thinking about setting her 403b contribution to 100% when we start that year, and her getting pay statements and no checks.
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03-10-2021, 07:14 PM
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#139
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Recycles dryer sheets
Join Date: Oct 2017
Location: Waterloo
Posts: 68
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Quote:
Originally Posted by skyking1
Our milestone was me finding this forum after getting serious about retirement, and seeing the end of the work tunnel.
Once I got here it became clear we could do it sooner than later, and you have given me a ton of things to think about. We don't have millions in investments or real estate, but I do have a pension and retiree medical that helps pave the path for us.
We have set a date range for pulling the plug on work, and it will only go to the far end of that range to max out DW's 403b contribution for 2023. I get a grin thinking about setting her 403b contribution to 100% when we start that year, and her getting pay statements and no checks.
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Good for you! That day will come before you know it. Enjoy the journey along the way!
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03-10-2021, 07:20 PM
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#140
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Thinks s/he gets paid by the post
Join Date: Oct 2020
Location: Sugar Land, Texas
Posts: 1,044
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How did you accomplish this? This is FatFIRE.
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