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Old 03-30-2021, 05:11 PM   #161
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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.
You guys make me unretireable. I could reach 8 figures if I wanted to work to my 70 years. I don't even want to work to my 60s, but I do like more money.
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Old 03-30-2021, 06:01 PM   #162
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You guys make me unretireable. I could reach 8 figures if I wanted to work to my 70 years. I don't even want to work to my 60s, but I do like more money.
Ohhhhh Nooooo don't feel that way. We all can work longer and keep making milestone come faster but that isn't what we should do. I hope you retire when you feel ready regardless of the amount.

There will always be people with way more and less then you, but each case is different. I wish you well, and you will know when to retire and ready financially, regardless of the number.
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Old 04-02-2021, 06:44 AM   #163
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We hit another big milestone with yesterday's record market: $4M NW! And we're almost at $3.5M in investments & cash! After the S&P closed above 4,000 I was expecting to see a lot of activity on this thread!
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Old 04-02-2021, 12:07 PM   #164
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At the end of March my trailing 12mo expenses hit 2% of my liquid net worth (excluding taxes) for the first time. I'm still w*rking but feel the slack being taken out of the trigger as the fear is transitioning to excitement as I approach my date.



Hopefully the bull lasts at least until I jump!
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Old 04-03-2021, 03:31 PM   #165
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Originally Posted by FLSUnFIRE View Post
At the end of March my trailing 12mo expenses hit 2% of my liquid net worth (excluding taxes) for the first time.
This is a very good achievement.
I just calculated my number and it is 2.8%. Do we have a magic number to reach for ER?
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Old 04-03-2021, 04:01 PM   #166
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^ interesting correlation.

My yearly expenses are .7% of liquid portfolio. My WR is less then .7% every year so far in retirement, except last year. Charity and gifting made that number rise to ~2%.
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Old 04-04-2021, 05:38 AM   #167
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This is a very good achievement.
I just calculated my number and it is 2.8%. Do we have a magic number to reach for ER?

I'm 47 so have a long time frame but I definitely "feel" FI now. 2% sounds great but it's mostly due to the extreme run up this past year (easy come-easy go)! I'd be more comfortable if gradually got to my current NW or in a few years from now if the market holds the gains. I'm still planning to make the jump in about 100 days...



The history suggests I'd be successful at a higher rate than 2%. I play around running Firecalc for 20 year periods and using the lowest remaining portfolio balance to then start the next run at 20 years and am still pretty high success ratio - that would be equivalent to retiring during the two worst period period back to back (am I the only one that when I got to 100% started making up my own worst cases to get under 100%?)!



My expected WDR will likely be slightly higher accounting for taxes and healthcare (if I get the ACA subsidy which I expect I will be close to 2% if the market valuations hold).


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Old 04-04-2021, 07:20 AM   #168
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Originally Posted by flyingaway View Post
You guys make me unretireable. I could reach 8 figures if I wanted to work to my 70 years. I don't even want to work to my 60s, but I do like more money.
8 figures is certainly not necessary for probably 99% of people. I would never work until 70 y.o. to reach that figure.
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Share Your FIRE Milestones - 2021
Old 04-04-2021, 07:46 AM   #169
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Quote:
Originally Posted by street View Post
^ interesting correlation.

My yearly expenses are .7% of liquid portfolio. My WR is less then .7% every year so far in retirement, except last year. Charity and gifting made that number rise to ~2%.


Wow, Street, Do you have other income sources or just choose to spend that small of a %?
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Old 04-04-2021, 08:11 AM   #170
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^ neither of your choices. We spend on what ever we need or want and we don't have any other income, except we both have taken SS. There is really only so much a person can blow money on or spend just to spend.
Charity and gifting are our biggest expenses. We have had many open doors in our life and been blessed in so many ways, just like everyone here on ER.
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Old 04-06-2021, 07:52 AM   #171
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Sub 2% WR.
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Old 04-06-2021, 02:27 PM   #172
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Passed the $3M milestone in retirement assets yesterday. I enjoy reading about everyone’s journey to freedom!
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Old 04-10-2021, 11:26 PM   #173
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Another year and half passed. Time to update my stats:

After tax account: 1.8
Retirement account: 5.6
Rental Property: 4.4
Primary Residence 3.0 -0.8

total: 14.0m
Big bump from last update thx to the rising stock and housing market.

I joined this forum 7+ years ago, saying I plan to fire in 7 years when
my kid gets out of college.

I guess I get OMY syndrome. A few more years, but 5 more years at most when I pay off my house
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Old 04-10-2021, 11:51 PM   #174
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Originally Posted by sewang View Post
Another year and half passed. Time to update my stats:

After tax account: 1.8
Retirement account: 5.6
Rental Property: 4.4
Primary Residence 3.0 -0.8

total: 14.0m
Big bump from last update thx to the rising stock and housing market.

I joined this forum 7+ years ago, saying I plan to fire in 7 years when
my kid gets out of college.

I guess I get OMY syndrome. A few more years, but 5 more years at most when I pay off my house
How did you amass so much in your retirement accounts?
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Old 04-11-2021, 12:03 AM   #175
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Originally Posted by sewang View Post
Another year and half passed. Time to update my stats:

After tax account: 1.8
Retirement account: 5.6
Rental Property: 4.4
Primary Residence 3.0 -0.8

total: 14.0m
Big bump from last update thx to the rising stock and housing market.

I joined this forum 7+ years ago, saying I plan to fire in 7 years when
my kid gets out of college.

I guess I get OMY syndrome. A few more years, but 5 more years at most when I pay off my house
Wow. That is beyond fatF.I.R.E.
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Old 04-11-2021, 01:14 AM   #176
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How did you amass so much in your retirement accounts?
Use defined benefit plan for self business, which allow one to put large portion
of the income in retirement account, plus active investing.
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