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Old 10-13-2020, 06:32 AM   #2361
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Sooooo close to our previous one-day major milestone, but not quite yet. One more good market day, though, and I'll start feeling better about "involuntary retirement"!
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Old 10-13-2020, 10:42 AM   #2362
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My son's Fidelity accounts, Including all his money, checking, 401k, Roth, taxable, just crossed the $100,000 mark.

He is 23, and graduated from college and started work in June 2019.
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Old 10-13-2020, 04:32 PM   #2363
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Quote:
Originally Posted by flyingaway View Post
My son's Fidelity accounts, Including all his money, checking, 401k, Roth, taxable, just crossed the $100,000 mark.

He is 23, and graduated from college and started work in June 2019.
Congrats. He is on his way to ER.
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Old 10-13-2020, 04:52 PM   #2364
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Double-comma club if you add up all my investable assets, but only just barely.

Including my home, I reckon I'm over $1.3M.

I plan on semi-FIRE before I reach $2M, but we shall see. Man plans, God laughs.
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Old 10-15-2020, 12:22 PM   #2365
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I have $1.3M in home (paid off) and lately crossed $1M mark in savings (both pretax and after tax). Feel really poor, as property tax reached $14K and keep climbing and market hit records where substantial drop is possible in near future.
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Old 10-15-2020, 05:40 PM   #2366
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I stopped tracking my expenses.

Have been tracking income, & expenses for 40 years. My goal was to reach point where I have enough money. Made it, now onto the next goal.
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Old 10-15-2020, 05:49 PM   #2367
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In late September, we closed on our first retirement home, a 3/2.5 with a pool, in a gated community on Hawaii Island. Two weeks later, we actually moved here. Still w$rking remotely, but ever so close to RE. We took on a mortgage for the first time in 7 years, but with an interest rate below 2.7%, I don't feel so bad (and the house has already appreciated more in one month than two years' worth of interest payments).
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Old 10-15-2020, 10:21 PM   #2368
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I have $1.3M in home (paid off) and lately crossed $1M mark in savings (both pretax and after tax). Feel really poor, as property tax reached $14K and keep climbing and market hit records where substantial drop is possible in near future.
Do you live in CA? Or Hawaii?

I don't pretend to be able to predict the market...but I do dial back my equities whenever the market approaches an all-time high.
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Old 10-16-2020, 08:28 PM   #2369
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Retirement starts November 1. 58yrs old. Have $3mil now with lump sum pension to be paid in December of $1.548mil. House and real estate value $600k. Still have a high school aged young person. One in college. Married. Thoughts ?
Im primarily concerned about Sequence of return risk. What am I missing ? Thanks
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Old 10-16-2020, 08:46 PM   #2370
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Originally Posted by Finance Dave View Post
Do you live in CA? Or Hawaii?

I don't pretend to be able to predict the market...but I do dial back my equities whenever the market approaches an all-time high.
In California, SF Bay Area. I know it may sound stupid but I like this place. And besides that, I'm still working and potential employers are all around. The downside it is expensive, even with paid off house to live here.
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Old 10-16-2020, 08:55 PM   #2371
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Originally Posted by Katoslake View Post
Retirement starts November 1. 58yrs old. Have $3mil now with lump sum pension to be paid in December of $1.548mil. House and real estate value $600k. Still have a high school aged young person. One in college. Married. Thoughts ?
Im primarily concerned about Sequence of return risk. What am I missing ? Thanks
Why don't you start a thread on what asked. You will get some great information and knowledge from folks that can help you and answer your questions.

You have done great but this thread is more on your milestones. Not on what you may need before you retire.
Good Luck.
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Old 10-16-2020, 10:11 PM   #2372
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Quote:
Originally Posted by Katoslake View Post
Retirement starts November 1. 58yrs old. Have $3mil now with lump sum pension to be paid in December of $1.548mil. House and real estate value $600k. Still have a high school aged young person. One in college. Married. Thoughts ?
Im primarily concerned about Sequence of return risk. What am I missing ? Thanks
What are you missing: Any indication of what your expenses are. Not mut we can do to advise you until we know that.


Quote:
Originally Posted by street View Post
Why don't you start a thread on what asked. You will get some great information and knowledge from folks that can help you and answer your questions.

You have done great but this thread is more on your milestones. Not on what you may need before you retire.
Good Luck.
^^^^ What Street said!
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