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Class of 2021
Old 06-18-2019, 05:20 AM   #81
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Class of 2021

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I am hesitantly declaring myself as Class of '21 as well. Born in '66, so that's the year I turn 55, and can get a hold of my 401k, though I already have the IRA I inherited from DH that I can access now without penalty.

For me, the hesitancy is not really about the numbers--i could bail today if I wanted--it's more about still trying to figure out what I would do with myself. I'm guessing my company would want to keep me on contract, or even part-time, which I would take if I could still have health insurance. My job is very low stress, I telecommute two days a week, so it already feels part-time.

So, while I try to figure out what I'm going to do with the rest of my life, I figure I'll take advantage of a few more years of mega backdoor Roth capabilities and pad the savings a bit more.

Looking forward to reading about everyone else in the class!

Sounds to me like you already have, and are working, a great plan to me! As a wise FIRED person on this board said elsewhere about knowing when itís time to quit working, ďYou know when you know.Ē

So, the corollary is, if you donít KNOW yet, then itís not yet quitting time for you.

Iím in the same boat. On a bad day at work, itís ďget me outta hereĒ and my FIRE fantasies roll like waves. Most of the time, however, itís ďmeh, no big whoop to keep doing this mostly-stimulating work Iím pretty good at while stacking up the Benjamins.Ē
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Old 06-18-2019, 08:14 AM   #82
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Originally Posted by Markola View Post
Sounds to me like you already have, and are working, a great plan to me! As a wise FIRED person on this board said elsewhere about knowing when itís time to quit working, ďYou know when you know.Ē

So, the corollary is, if you donít KNOW yet, then itís not yet quitting time for you.

Iím in the same boat. On a bad day at work, itís ďget me outta hereĒ and my FIRE fantasies roll like waves. Most of the time, however, itís ďmeh, no big whoop to keep doing this mostly-stimulating work Iím pretty good at while stacking up the Benjamins.Ē
Thanks, Markola--nice to "meet" someone in a similar holding pattern! And you are right about not retiring until I KNOW what I want. Still trying to figure out a new life after losing DH, so it's nice to have a "no big whoop" job in the meantime. And, what's the worst that could happen--they'd fire me, then I'd really be FIREd.
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Old 06-18-2019, 07:28 PM   #83
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Exactly! 🧐
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Old 06-18-2019, 07:39 PM   #84
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“You know when you know.”
The contrarian position is that some people never 'know'. I have one coworker who had a heart attack at the office, and still came back to work afterward (in his late 60s), and another who's also in his late 60s. They're both quite busy 'stacking Benjamins', with both a moderate paying consulting job, and a government pension and government provided health care, and they seem quite content doing so. When or if they do retire, I'm not sure they'll have much time left on this earth. So my only question is, if you're FI, is there anything you'd rather be doing than work? I know the answer for a lot of folks, the answer is no.

A few quotes from this forum:

"You can always spend less money, but you can't make more time."
"Life is short. Dead is forever."
"You'll never be younger than you are today...and possibly not as healthy, either."
"Time > money"

I'm 53. For every year I work past FI, I give up a year of diving and travel. I'm still at MC this year in hopes I can accrue enough to buy a nice house on Hawaii Island. But since I know I'm going to die some day, and probably won't be able to dive past 75, I'm hanging it up in January. I can live in a smaller place, but I'll never replace the last healthy years of my life.
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Old 06-18-2019, 07:56 PM   #85
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Still, every person is different, right? My dad is 79 and still works as an engineer 3 days a week designing robots. Thereís not a lot he could do that would stimulate him more, and his knees are too far gone for golf.
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Old 06-18-2019, 08:18 PM   #86
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Still, every person is different, right? My dad is 79 and still works as an engineer 3 days a week designing robots. Thereís not a lot he could do that would stimulate him more, and his knees are too far gone for golf.
Now, that's a great story! Yes, if you truly live for and enjoy your work.

But I think that most in this forum are here because...there's something else they'd rather be doing.
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Old 06-19-2019, 05:30 AM   #87
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Congrats on hanging it up in January!
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Old 07-20-2019, 07:41 AM   #88
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Joining the Class of 2021 -- glad I found this thread. I will be 55 and will likely work two weeks beyond my birthday, retiring in October. 55 is the entry age to retiree medical coverage, for me, so I am essentially working now for health insurance (ACA is too flakey for now). Financially, I've been ready for a while -- my spouse and I have a comfortable combined net worth. For now, I am just trying to stay engaged and interested in my work -- getting a bit more difficult each day.

Glad to join the Class of 2021. And looking forward to hearing all of the exciting experiences we have as we count down to this next stage of our lives.
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Old 08-18-2019, 09:05 PM   #89
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New to the forum and one of the first things I did was look for the Class of 2021. I'm a teacher and will have my 30 years done that year so I'll be officially retired as of July 1, 2021 if nothing changes. I'll be 57.

As of now, DH (same age) is doing very well at work and loves it so is planning to do about 5 years longer than I am but we shall see.

Golden handcuffs have kept me in a ridiculously expensive area and I can't wait to finally be able to move. Looking towards New England.
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welcome!
Old 08-19-2019, 06:31 PM   #90
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welcome!

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Originally Posted by caramel View Post
New to the forum and one of the first things I did was look for the Class of 2021. I'm a teacher and will have my 30 years done that year so I'll be officially retired as of July 1, 2021 if nothing changes. I'll be 57.

As of now, DH (same age) is doing very well at work and loves it so is planning to do about 5 years longer than I am but we shall see.

Golden handcuffs have kept me in a ridiculously expensive area and I can't wait to finally be able to move. Looking towards New England.
Welcome to the forum and the class of 2021! Do stop by the "Hi I am..." thread to introduce yourself to those beyond our class.
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Old 08-19-2019, 11:07 PM   #91
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Welcome to the forum and the class of 2021! Do stop by the "Hi I am..." thread to introduce yourself to those beyond our class.
Thank you, I will!
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Old 10-12-2019, 12:50 PM   #92
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Joining the Class of 2021! After much thought, inspiration from this board, extensive research, and lots of number crunching, I have decided to retire sooner than my original goal of Class of 2023. Woohoo! I will be 53. 430+ days to go! January 2021!
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Old 10-12-2019, 08:41 PM   #93
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Welcome Disney Dreamer! I like your count down. I am between Feb and April 2021 - gotta sell the house.
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Old 10-12-2019, 08:45 PM   #94
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Joining the Class of 2021! After much thought, inspiration from this board, extensive research, and lots of number crunching, I have decided to retire sooner than my original goal of Class of 2023. Woohoo! I will be 53. 430+ days to go! January 2021!
Welcome to the Class of 2021! So exciting that you're going early.
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Joining the Club
Old 11-04-2019, 12:49 PM   #95
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Joining the Club

Well, the current plan is to join the Class of 2021. March 31, 2021 is my tentative target date (which happens to be in 73 weeks, or roughly 315 more days of work, considering holidays, weekends and vacation). Not that I'm counting...

My original wish list date was 2 years ago, but then Megacorp froze our pensions, which delayed me a tad. And I'd like to get through the next election cycle, as that might impact health care options (I'll turn 59 in 2021). I do have some retiree medical options available through Megacorp, so shouldn't be a deal-breaker either way.

Anyway, glad to be part of the club! Biggest task ahead is cleaning out the house so I can sell it and downsize before then. Motivation....
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Old 11-04-2019, 06:42 PM   #96
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Welcome @ChicagoGal!

I go in 319 work days, but true, who's counting?
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Old 11-04-2019, 07:26 PM   #97
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Two weeks ago I quietly bowed out of the Class of 2021.

I've signed a contract to work into 2022. It is OMY to a T. I don't critically need the money but our youngest child will graduate college in 2021 and committing to working one year longer than that gives my wife some peace of mind. Plus we get to keep taking advantage of the work related visa allowing us to live in Korea.
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Old 11-04-2019, 07:30 PM   #98
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Two weeks ago I quietly bowed out of the Class of 2021.

I've signed a contract to work into 2022. It is OMY to a T. I don't critically need the money but our youngest child will graduate college in 2021 and committing to working one year longer than that gives my wife some peace of mind. Plus we get to keep taking advantage of the work related visa allowing us to live in Korea.
Sounds like a great decision for your family.
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Old 11-04-2019, 07:40 PM   #99
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Sounds like a great decision for your family.
Pretty much. It feels odd posting in an early retirement forum about being happy to stay working but the fact that I could retire early removes so much stress that I'm free to recognize that I have a really rather sweet job.
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Old 11-05-2019, 01:23 PM   #100
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Pretty much. It feels odd posting in an early retirement forum about being happy to stay working but the fact that I could retire early removes so much stress that I'm free to recognize that I have a really rather sweet job.
The "FI" part of FIRE is far more important than the "RE" part, for sure!
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