Recent content by AZsniper

Thanks for updating this. I love reading how people make goals and through some hard work, determination and careful planning, they achieve them. Have you kept track of expenses in order to gauge what your spending would look like in retirement?

OP- How old were you when you retired with 1M? Just curious. I think it could matter depending on age. Thanks! Good thread and perspectives.

I think you need to just work out a more specific plan but you are good to go. #1 Make sure you spending is what you think it is, and have a plan for future expenses, health, emergencies. #2 Figure out what you and spouses SS will be So you take out 60k a year for the next 5 years until you...

My investable assets hit 1m last year in 2023 at age 44. Yay! I have a paid for house (800k) and a paid for cabin(700k) that I am not including. I have owned these properties (fixer uppers) for a long time and most of that value has come from the market rise. I took out 15 year loans and paid...

I would like to change my "Multiple times a day" to once a week or so. Maybe when I retire next year and am not putting into the market as much.

13.8 2024 will be my last high income year and that number should come down!

I plan on having a bucket strategy, as I have been working on my retirement planning. I retire in 1 year. I have a pension which helps with the withdraw strategy, but I will be 46, and want to keep AGI low for ACA insurance. So I am building a brokerage account up along with some HYSA to so I...

Welcome! I'd be interested to hear about what you thought retirement was going to be like and if it is close to how it is really like? Do you spend more or less than planned? Any advice for soon to be retirees? Thanks!

BUY THE HOUSE! Between the sale of yours and another couple 100k, no brainer! Die with zero! You have done well.

UPDATE: I still feel that I am on track and am considering 2024 my last full year of work. I anticipate retiring sometime between Jan-April of 2025. My youngest will graduate HS in May of 2025. I am also treating 2024 as a pre-retirement year and already booked several trips. 7 day cruise...

Thanks for providing an update to your situation. You are in good shape!

Great update! I am 45 and my DW is 44 and we are retiring in 1 year. Good to hear that you had a plan, followed it, and are now living it and are happy! Cheers!

That's great to hear! I love hearing stories like this because it really builds my confidence to retire next year. Counting the days!

Jan 1 2023 - 809,878 Jan 1 2024 1,147,151 41.6% increase -included in the increase is max contributions to 457,401k and additional savings/growth to my brokerage account. Rough retirement Goal: 500k brokerage 500k 457 500k 401k

Retire on a cruise ship? I am afraid my health would really suffer. My wife and I have done 8 cruises over the years and I wouldn't mind doing one every once and a while. I have seen the long 30-60 day cruises and am tempted to try it someday, but I think it may be best to do that with a...