*401k: 36k (70/30 stocks/bonds - stocks are large US value and bonds are US corporates - mix of Vanguard Equity Income and Vanguard Wellesley Income) *IRA: 50k (65/35 stocks/bonds - stocks are large US Value and bonds are US corporates - Vanguard Wellington Fund) *Taxable Account: 165k (roughly 90/10 stocks/cash - stocks are in Betterment's 100/0 allocation, this is all index funds with an international tilt.
It looks like i started this thread about four years ago. I figured I would provide an update.
I still have no clue what the future will bring. While I did stop working March 2017, I was back working by Summer/Fall 2017.
My gap year was ruined for a couple reasons. 1.) I did not enjoy solo travel and I did not have a Plan B for what to do with the time. 2.) I wasn't sure how long the money would last even though I had contingencies like X amount in cash and X amount in bonds. I found it difficult to spend money even though I planned for it.
That job from Summer 2017 wasn't for me and I was voluntarily unemployed for all of 2018.
I took a job in January 2019 to work for the TSA in Hawaii. It sounded like an adventure, but really I took it because I figured it was a good way to transition into another government agency. By the end of September 2019, I was out of TSA and into another part of the government.
As of the end of November 2020 my financial stats went from the above to: $255k in IRA/TSP/HSA $95k in Taxable Account. But I also paid cash for my current 1 BR residence in mid 2017, so it's worked out I suppose even though it didn't go exactly as planned.
I still really have no idea what I want to do with my life. For the time being, the government work is low stress and enjoyable at times. I like that there are so many different things you can do in the government, and different places you could live and contribute to the same pension. it's hard to believe I would want to keep doing it until age 57, but if I did, I would have the retiree health insurance.
If I did commit to working until 57, I would not need to save as much as I have been saving. Expenses would be lower due to subsidized health insurance and income would eventually be higher due to more SS and FERS covered earnings.
I've been saving as much as I can, because I don't really know anything else, but maybe I will want to retire early.
Ultimately, I do still want a life partner and I am beyond disappointed that it has not happened, but it feels out of my control other than continuing to put myself out there and meet people. Much harder to do in Covid times.
I apologize for the formatting.. i have tried to fix it, but the forum keeps running it all together.