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01-11-2022, 12:30 AM
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#561
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Recycles dryer sheets
Join Date: Nov 2020
Location: So Cal
Posts: 108
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My ROTH IRA reaches $1M.
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01-12-2022, 04:43 PM
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#562
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Recycles dryer sheets
Join Date: Feb 2015
Location: Chicago
Posts: 259
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Kudos HawaiiShrimp. Congratulations to all 2021 milestone winners / posters!!
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01-13-2022, 07:44 PM
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#563
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Dryer sheet aficionado
Join Date: Jul 2014
Location: Islip
Posts: 26
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Quote:
Originally Posted by Safire
Cool. VTSAX for the win!!!!
Congratulations! Was the 1M in the stock market and the 1.8M include real estate?
We recently joined the 2 comma club but own no real estate which concerns me. Hoping we buy something in the next couple of years
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Yes about 500k is home equity. Our home value has increased by almost $200k in 4 years. I want to use it as the final rip cord when we are in our 80s to pay for rent and/or long term care. It should be well over $1 million by then.
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01-15-2022, 12:51 PM
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#564
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Recycles dryer sheets
Join Date: Feb 2019
Posts: 117
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Retired at 58 the summer of 2019, and closed out 2021 with $2.1m in retirement assets.
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01-15-2022, 02:27 PM
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#565
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Recycles dryer sheets
Join Date: Jan 2022
Posts: 498
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Quote:
Originally Posted by HawaiiShrimp
My ROTH IRA reaches $1M.
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Does this include conversions? If not, that's remarkable growth.
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01-16-2022, 03:59 AM
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#566
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Recycles dryer sheets
Join Date: Aug 2013
Location: Roanoke
Posts: 173
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My wife and I joined the 2nd comma club for our investments!
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01-16-2022, 04:02 AM
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#567
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 11,298
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Quote:
Originally Posted by rwdflynavy
My wife and I joined the 2nd comma club for our investments!
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Congrats. The next mil should be even quicker.
__________________
TGIM
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01-19-2022, 08:51 PM
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#568
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2016
Posts: 9,522
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Quote:
Originally Posted by rwdflynavy
My wife and I joined the 2nd comma club for our investments!
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That is great!
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01-21-2022, 02:44 PM
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#569
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Thinks s/he gets paid by the post
Join Date: Dec 2014
Location: St. Charles
Posts: 3,919
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Passed through one of the million dollar milestones today.
Unfortunately, it was in the wrong direction.
__________________
If your not living on the edge, you're taking up too much space.
Never slow down, never grow old!
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01-21-2022, 02:51 PM
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#570
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Thinks s/he gets paid by the post
Join Date: May 2016
Location: Mid-Atlantic
Posts: 2,676
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That just means you get to pass it again (going the right way) eventually!
__________________
-Looking to FIRE in the mid-2020s, which would be our mid-50s.
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01-22-2022, 06:48 AM
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#571
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Recycles dryer sheets
Join Date: Jan 2021
Location: lincoln
Posts: 194
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For the first time in our lives we are able to invest
$1,500 per month every month. I and wife are retired and don't have ira or 401 so so this is all in taxable mutual funds mostly in Fidelity FZROX $1000 per month and Vanguard Wellesley and Vanguard Star split $250 per month in each. Age 62 in 2 months and will soon add SS to the investments which will be about 1,100 .probably $ about 900 after taxes. we likely will put an extra $500 in FZROX and put 200 each in Wellesley and Star fund.
FZROX took a beating all week long and lost some, but that dont bother us none, come 1st of every month we are still throwing $1000 at it I guess the fancy word is dollar cost averaging. Anyway might not make the 7 figure club but with steady investing and "God willing and the creek don"t rise" hopefully should at least make the 1/2 mil club.
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01-22-2022, 07:16 AM
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#572
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2016
Posts: 9,522
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ERObjd, nicely done and a that is a great milestone.
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01-22-2022, 03:15 PM
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#573
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Recycles dryer sheets
Join Date: May 2016
Posts: 169
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Quote:
Originally Posted by ERObjd
For the first time in our lives we are able to invest
$1,500 per month every month. I and wife are retired and don't have ira or 401 so so this is all in taxable mutual funds mostly in Fidelity FZROX $1000 per month and Vanguard Wellesley and Vanguard Star split $250 per month in each. Age 62 in 2 months and will soon add SS to the investments which will be about 1,100 .probably $ about 900 after taxes. we likely will put an extra $500 in FZROX and put 200 each in Wellesley and Star fund.
FZROX took a beating all week long and lost some, but that dont bother us none, come 1st of every month we are still throwing $1000 at it I guess the fancy word is dollar cost averaging. Anyway might not make the 7 figure club but with steady investing and "God willing and the creek don"t rise" hopefully should at least make the 1/2 mil club.
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Please don't think I'm an expert but i wonder if delaying social security might have more value than some of the monthly savings.
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01-25-2022, 05:33 PM
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#574
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Recycles dryer sheets
Join Date: May 2010
Posts: 64
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$1M in taxable is my goal for retirement at age 50. I’m about 3/4 the way there.
The other goal is make it to age 50 & get kids into college (7 years left).
One more goal, is to lose 10 pounds (on day 2 of finally getting serious with intermittent fasting. Not setting a schedule for this goal
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01-29-2022, 07:47 PM
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#575
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Full time employment: Posting here.
Join Date: Jul 2019
Posts: 679
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Quote:
Originally Posted by patela6
$1M in taxable is my goal for retirement at age 50. I’m about 3/4 the way there.
The other goal is make it to age 50 & get kids into college (7 years left).
One more goal, is to lose 10 pounds (on day 2 of finally getting serious with intermittent fasting. Not setting a schedule for this goal
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To me the dieting goal is the most difficult. For others you can modify the behavior and perhaps battle with some old habits. Most of them will just fall in line with time(can't really make kids grow younger..) But being hungry makes me cranky and sleepy.
I now have soreness / light pain on my both hands and I am only 45. It is likely the symptoms for type 2 diabetes. Losing weight is my goal this year.
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01-31-2022, 11:27 AM
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#576
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Thinks s/he gets paid by the post
Join Date: Jun 2013
Location: Bonita (San Diego)
Posts: 1,795
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Quote:
Originally Posted by nash031
This is a good one... Congratulations to you!
With the business my wife and I started (she works in it primarily while I do my contracting job) flourishing, we are at the point where I could walk away and we wouldn't have to touch our savings until she decides to shut the business down... and we could probably save money still.
At this point, I continue going to work because I can't stay home with the kids all day!
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So much for that last part!
I put in my three week's notice this past Friday. I'm out 2/18. All done working for "the man."
At age 44, I will transition to helping my wife with the financial and business side of our business while building my gig as an endurance sports coach. Thanks to our wonderful childcare situation, I will be able to pursue my own athletic endeavors while still young enough to enjoy them, and I'll be invested in helping others do the same while taking care of our home and spending time with my 3 and 5 year old daughters.
Thanks to this forum, FIRECalc, and discipline over the course of a 22 year working career (along with the military pension and healthcare), I'm able to give up the typical job life and "find my happy".
Call it ER; call it semi-ER; call it not retired at all but kinda working from home... whatever... I'm stoked.
__________________
"So we beat to our own drummer in the sun;
We ask for nobody's permission to run.
I just wanna live in a world like that;
Now I'm gonna live in a world like that!" - World Like That, O.A.R.
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01-31-2022, 11:53 AM
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#577
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Thinks s/he gets paid by the post
Join Date: Jan 2010
Location: 5-sided building
Posts: 1,184
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Quote:
Originally Posted by nash031
I put in my three week's notice this past Friday. I'm out 2/18. All done working for "the man."
..........
Call it ER; call it semi-ER; call it not retired at all but kinda working from home... whatever... I'm stoked.
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Congrats Nash! That's awesome. I should be outta here later this year, barring some unforeseen event.
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02-04-2022, 08:06 AM
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#578
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Dryer sheet aficionado
Join Date: Aug 2017
Posts: 30
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Just got notified that the pension servicing center has received my paperwork to start my pension in April. So - that does it I'm official for last day of work on March 31. Woot!!
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02-04-2022, 09:26 AM
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#579
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Full time employment: Posting here.
Join Date: Feb 2017
Location: Severn
Posts: 947
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Jump in. The water is fine. Congrats!
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02-06-2022, 06:08 PM
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#580
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,212
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Quote:
Originally Posted by nash031
So much for that last part!
I put in my three week's notice this past Friday. I'm out 2/18. All done working for "the man."
At age 44, I will transition to helping my wife with the financial and business side of our business while building my gig as an endurance sports coach. Thanks to our wonderful childcare situation, I will be able to pursue my own athletic endeavors while still young enough to enjoy them, and I'll be invested in helping others do the same while taking care of our home and spending time with my 3 and 5 year old daughters.
Thanks to this forum, FIRECalc, and discipline over the course of a 22 year working career (along with the military pension and healthcare), I'm able to give up the typical job life and "find my happy".
Call it ER; call it semi-ER; call it not retired at all but kinda working from home... whatever... I'm stoked.
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Congratulations! Who cares about labels - you have a great situation of building a business around your passion... with free time and youth to pursue it.
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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