The Cosmic Avenger
Thinks s/he gets paid by the post
This has been talked about here and there, but I haven't see a thread devoted to it.
Do you plan to have a big, celebratory expense when you retire, or did you if you've already FIREd? My partner and I are talking about a 4-6 month round-the-world cruise, or an RV or boat, or maybe a vacation home. (Don't feel left out if you're leanFIRE, any scale of trip or purchase can be a celebration! Our honeymoon was an amazing trip, and we did it for fairly cheap back then. You do you!)
And if you're feeling chatty, how did you handle the expense financially? I'm wondering about the tax implications of such a big withdrawal. We don't have enough in non-retirement accounts for those expenses AND to carry us to full retirement age.
But mostly I just want to hear your plans or what you actually did!
Do you plan to have a big, celebratory expense when you retire, or did you if you've already FIREd? My partner and I are talking about a 4-6 month round-the-world cruise, or an RV or boat, or maybe a vacation home. (Don't feel left out if you're leanFIRE, any scale of trip or purchase can be a celebration! Our honeymoon was an amazing trip, and we did it for fairly cheap back then. You do you!)
And if you're feeling chatty, how did you handle the expense financially? I'm wondering about the tax implications of such a big withdrawal. We don't have enough in non-retirement accounts for those expenses AND to carry us to full retirement age.
But mostly I just want to hear your plans or what you actually did!