Two Year Financial Assessment
For about 1 year pre-retirement, I maintained an elaborate spreadsheet (workbook, actually) of expenditures, assets, and income updated monthly and reviewed several times a week. I also used Mint for daily oversight. Like most people here, I determined after 6 months of tracking that I was FI & decided to RE.
After ER I slowly stopped updating the spreadsheet as frequently but I still watched daily balances via Mint.
First 6 months - monthly updates
Next year - quarterly updates
I'd spent a lot (for me) on home improvements over the last 2 years significant reducing my cash. Therefore, I was concerned about how soon I'd need to dip into investments. Today, the first time since July 2012, I decided to update the spreadsheet.
Happily, I found that I'm still in decent shape due to fixed assets and investments increasing value and -- more importantly -- I'm not spending as much as I had previously estimated in my spreadsheet!! In fact, I can easily live on my itty bitty pension which is a mere 30% of my ending MegaCorp salary. I'm even thinking that I might hold off on collecting SS to FRA. (I had planned to collect early to cover health insurance until I am Medicare eligible.)
I'm so happy about this that I had to start this thread. After all, where else can we share this kind of thing? Have others here experienced happy news? Conversely, has anyone been disappointed after a few years of ER?
Retired - Class of 2011