Share your FIRE Milestones - 2013- 2020

[murphearlyretirement]

East coast, Sebastian. 20 miles south of Melbourne, 10 miles north of Vero Beach. My parents lived there for 17 years, so I know the area.

 

[murphearlyretirement]

I had to click on the link to understand what that means. Funny!

 

[sengsational]

East coast, Sebastian. 20 miles south of Melbourne, 10 miles north of Vero Beach. My parents lived there for 17 years, so I know the area.

That was the first place (heading north from where I lived), where you could get decent waves to surf. At my house, only rarely did we get nice waves. But yeah, please avoid being the subject of another "Florida Man" headline.

 

[RockLife]

Well done!



The only way I know to avoid becoming a FM is to avoid the state entirely. Texas is probably a better bet.

I want you to know that Florida Man is a friend of mine. Except for having a few too many beers once in a while, he's OK. In fact, he's a damn good guy. it wasn't his fault.

 

[Eucerin]

East coast, Sebastian. 20 miles south of Melbourne, 10 miles north of Vero Beach. My parents lived there for 17 years, so I know the area.

Are you going to live with your parents? or buy a house in the area?

 

[murphearlyretirement]

house

I am going to buy a house.

 

[Calico]

Now that my w#rkday for today is over, I only have 94 more w#rkdays until retirement.

That cheered me up on this Monday!

 

[HI Bill]

Now that my w#rkday for today is over, I only have 94 more w#rkdays until retirement.

That cheered me up on this Monday!

That's what my ticker says...158 calendar days, -45 weekend days, -19 holidays and vacation days = 94...January 15, 2020 is my current bullseye.

 

[Calico]

That's what my ticker says...158 calendar days, -45 weekend days, -19 holidays and vacation days = 94...January 15, 2020 is my current bullseye.

Congratulations!

 

[Indiana Randy]

That's what my ticker says...158 calendar days, -45 weekend days, -19 holidays and vacation days = 94...January 15, 2020 is my current bullseye.

Awesome! Think you mean 2021 ;-)

 

[Alectoris]

I'm feeling happy today passing the 1.5M mark in investable assets. A mix of regular investments, tIRA, Roth Ira, 401k and HSA accounts.

I have a positive home value to mortgage at this time.

I am awaiting the roller coaster of up and downs in the future months, but for now I have a little smile on my face.

Cheers all!

 

[HenryD]

My 2020 milestone

Today has been a long time coming: 20+ years. As of this morning I finally hit 1M NW.
It has not been a straight line, so I know how easily things can change for the worse. The goal is to double NW and investmentable assets over the next 5 years and quit w*rk for good.

 

[Major Tom]

My goodness, that was a big setback in 2014 HenryD. Congratulations on making it to the cool million mark, and all the best for doubling it asap!

 

[street]

HenryD >>> congratulations!
I hope your plan comes together.

 

[murphearlyretirement]

I gave a 90 day notice and the time flew by, you will be amazed! Get ready to enjoy the freedoms that comes with retiring!

 

[music-and-ski]

Today has been a long time coming: 20+ years. As of this morning I finally hit 1M NW.
It has not been a straight line, so I know how easily things can change for the worse. The goal is to double NW and investmentable assets over the next 5 years and quit w*rk for good.

Nice recovery! Care to share the cause of the setback, so the rest of us can try to avoid it?

 

[HI Bill]

Today has been a long time coming: 20+ years. As of this morning I finally hit 1M NW.
It has not been a straight line, so I know how easily things can change for the worse. The goal is to double NW and investmentable assets over the next 5 years and quit w*rk for good.

Congrats! The first $1M is the hardest. If you (we) have any luck with the markets, your second and third should follow in about 5 years and 7 years, respectively! The snowball effect of compounding earnings and contributions make a huge difference in the rate of accumulation!

 

[street]

Congrats! The first $1M is the hardest. If you (we) have any luck with the markets, your second and third should follow in about 5 years and 7 years, respectively! The snowball effect of compounding earnings and contributions make a huge difference in the rate of accumulation!

That is so true. If your not in the game, you will take a beating on the bottom line.

 

[monte1022]

We recently cracked the 3m nw (2.55m portfolio/250k home/200k college funds+ misc), zero debt, with a tracked $4000 monthly spend. DW (51)took a work from home position and can get health ins with 20hr/wk. She has little desire to exit the workforce at this time. I am targeting Feb 2022 for my own exit with hopes of 2.8m-3m invested assets .....so OMY a bit longer!

 

[music-and-ski]

I have a vacation home which puts me over $3m nw but just sucks money away in taxes, utilities, and maintenance. So, no retirement for me!

 

[LRDave]

Big milestone for us today - DW's first teacher retirement pension payment hit the bank!

It is a humble amount, but COLAd. Plus it has the double benefit of putting us now in the state retirees health plan and us now paying the retirees rate. Heretofore, we were paying the COBRA amount for approx. a bronze plan - $1384/month for the two of us (ouch! - that's gonna leave a mark....). Now the same coverage is $218/month deducted directly from the pension payment.

 

[steelyman]

Big milestone for us today - DW's first teacher retirement pension payment hit the bank!.

Congratulations, that’s a big milestone! I’m sure I’ve said this before, but what’s almost as good is when the second deposit lands in the bank. That’s when it sinks in that “hey, these are gonna keep coming!!!”

 

[Retch The Grate]

Just dealing with a 401k rollover and realized my net worth has apparently hit a new high of $1.6M. With my wife's holdings that puts as a household at over $2M, which is neat. I expect that to drop a lot soon, but fun to pass the marker.

 

[HenryD]

Nice recovery! Care to share the cause of the setback, so the rest of us can try to avoid it?

Divorce. Asset split took somewhat over half. Alimony liability was the rest. Between those two I saw an over 80% drop in NW. Alimony was complete in 2019. I owed child support too, but never counted that as a liability because lenders don't treat it as such. Last child support payment was this month, so it's gravy from here

 

[HenryD]

Congrats! The first $1M is the hardest. If you (we) have any luck with the markets, your second and third should follow in about 5 years and 7 years, respectively! The snowball effect of compounding earnings and contributions make a huge difference in the rate of accumulation!

Thanks! I am quitting w*rk 3/2025 at the latest, so I doubt the third will happen.