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Old 06-15-2020, 07:50 AM   #41
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Originally Posted by Rksolid View Post
My company is shutting down some plants, finally found out my future. They are offering buy out, I plan on taking it. Spring of 23, one year severance pay. I will be 58 my DW will be 54. I'm hoping all of our planning will pay off. Current debt 2000k, 401k roughly 1 mil depending on market plus 3 years to continue adding. I make max contributions to 401, with employer contributions currently adding about 42k a year. I will receive about 1k a month pension I live in ND so plan on wintering in AZ time to avoid these cold winters.

That is great that you get such advance notice and its great timing for you. But do you have the right amount of Zeros for your current debt number above?
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Old 06-15-2020, 06:15 PM   #42
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Join Date: Jun 2020
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Plan to completely retire in Jan, 23, or Nov,23, at age 67 or 68. Trying to optimize Social Security per Open Social Security results. Went to part time work at 60, which makes for a nice transition to no work. DW completely retired in 2014. Looking forward to it. I will be ready!
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Old 10-01-2020, 02:37 PM   #43
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Yea, it should be 200 k not 2000K.
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Old 04-12-2021, 09:22 AM   #44
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I just joined the forum and am excited to be in the class of 2023. I am targeting March and will be 60 so not super early retirement. My husband is younger and will work a few more years so we won't have to cover health care costs on our own for too long. I did one of the countdown apps and super excited that it is nearly to the double digits in terms of number of weeks left. Yay.
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Old 04-17-2021, 05:23 AM   #45
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Targeting ER in early 2023 as I'll be 54 (but it'll be the year in which I turn 55). Plan is to run out this year as full-time. Transition to 4 days/wk next year and ER in early 2023 for Rule of 55 eligibility.

We have enough (for us) in retirement savings and are now working to build a cash bucket. Hopeful that time flies so that I can be a better contributor to the "Life After FIRE" forum!
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Old 04-27-2021, 11:22 PM   #46
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I m gunning for May Day 2023. it will be deep enough into the year to max out DW's 403b contribution.
Mine will be a Standard Retirement ( SR ) at 62 and 1/3. DW will be a bit early as she is almost 4 years younger.
~104 weeks to go
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Old 04-28-2021, 04:00 AM   #47
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May is a wonderful time to retire. Itís like your college summer break, only you never go back in the fall, and you arenít broke.
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Old 04-28-2021, 11:06 PM   #48
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Quote:
Originally Posted by EastWest Gal View Post
May is a wonderful time to retire. Itís like your college summer break, only you never go back in the fall, and you arenít broke.
Exactly! No ramen required
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Old 04-29-2021, 08:02 AM   #49
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Hummm , Ya'll have me thinking hard on a May take off ........
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Old 06-09-2021, 09:40 AM   #50
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DW and I have agreed on December 2023! We've been FI since my military retirement in October 2018. I'm working as a government civilian dog of the military for now. We will use 2024 as a sabbatical/trial run, but we currently expect it to be the start of our retirement. We'll be 49 1/2.
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Old 06-09-2021, 09:30 PM   #51
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Congrats Mook1e!
We just passed the 100 week mark.
99 weeks of work to go, 99 weeks of work
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Old 06-10-2021, 09:46 AM   #52
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I am now humming 92 weeks of work to go, 92 weeks of work... Tomorrow I will hear from our CEO the plan for return to the office so I'll have an idea of how much of that time will be there. My hope is I can continue to work from home as much as possible for my final 20 months. It is so much easier without 45 minutes each way on the train.
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Old 06-14-2021, 04:08 PM   #53
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We are shooting for 2023. 104 weeks to go!
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Old 06-17-2021, 07:22 PM   #54
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I'm in, late in the year, will be 63. Just zero'd in about 6 months ago with a lot of insight from here. Can't believe only 18 months left!
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Old 06-17-2021, 07:55 PM   #55
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I am jealous. Congrats on having a date, a plan, and your lifetime savings!

Hopefully as I approach 62 I will be able to start a countdown.
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Old 06-19-2021, 05:47 PM   #56
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Join Date: Jun 2021
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Just registered today. We are shooting for 2023. I'll be 56 and wife will be 53. I'm going to start collecting my pension from previous employer next year. Zero debt. Financial advisor says we should be good to go.
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Old 07-11-2021, 12:13 AM   #57
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DW is beginning to believe. I gave her the monthly accounting and she really had nothing to say. She thought that we would never say those numbers. We have 95 weeks to prepare us mentally as much as to finalize the plan.
It is such a huge shift from the treadmill to doing what we want.
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