Recent content by fiwantbe

Just saw this post. I have similar goal to coast FIRE when my daughter graduates high school but I'm looking at June, 2024. Just curious, did your wife switch career or become stay-at-home after leaving software business? Both myself and husband are in the software business (he is in software...

You are absolutely right. Believe me both of us have been through layoffs. We totally understand ageism in our business especially. This is why my target full FIRE date is 2032 when he can withdraw from the retirement accounts. If he needs pay for his hobby, he can do seasonal/part-time/contract...

I'm so happy there's someone here in the same group as me. Not managing DH's finance has reduced so much conflicts and anxiety from me. We could actually sit down talk about money vs. in the past, he doesn't care how things are paid. Ever since having separate accounts, I could actually have...

Latest update for the new year: Last year ended in a great shape. Our retirement accounts have passed 1.5 million mark. Hoping to pass 1.6 million mark by the end of 2021. Our taxable brokerage and savings accounts have passed $170k and our mortgage balance is down to $150k. This is a big...

Congratulations! I was reading your early posts. It seems you are able to pull the plug 4 years before your original target retirement age. Just curious what helped you to move the date early? Your original posts have few concerns. I'm wondering how are you address these concerns? The reason I'm...

He is not as extreme as your friend. He does not collect expensive cars which he often use as excuse for his hobby. He buys way too many plants (orchids, fruit trees, maple trees. my backyard looks like nursery); he likes guitars having 4 of them, 1 being custom made Spanish guitars and he...

Health care is included in the 80k-100K/year FIRE number. Yes, our current expense is $6k/month (72k/year) does not include health care deduction cost. This is the reason I didn’t reduce the expense once FIRE happens instead, I increase it to $80k-$100k to count for health care out of pocket...

Yes. You are right about married couple should be on the same page financially. If I decided to leave my husband and marry someone else, my first criteria will be FIRE minded. However, no plan to divorce and definitely not re-marry anyone else. We married relatively young (25/28) after 2 years...

We did went to Universal Studio in Florida in August. It was interesting experience. Now, our travel is based on kid school schedule and kid interests. Can't wait for travel for myself.

Thank you. Yes. I totally agree his hobby spending is a big red flag in our marriage. We used to have a joined account (both paychecks 100% go into the joined account) but I managed it. However, this gives him a false sense that we have unlimited fund and He can buy a $10k guitar with a finger...

Thank you. Yes. I'm not surprised by the price tag. In fact, I have a co-worker has a daughter in Duke and the annual cost is $80k. I've definitely gave a lot of thoughts in terms of my child's education fund. The number is based on state public school system and no, we are not expecting any...

Thank you. Yes. I agree communication in terms of family finance is a big issue with me and my husband. He is not interested in FIRE and he thinks he will work until he dies. I do keep telling him that he doesn't have to if he can control his spending on his hobby. Our family finance is in a...

Thanks. I'm looking into a mini-retirement at 50 as my 50th birthday gift for myself. One of my top interests in life is to travel and sampling local food. I'm planning to take 1 year off to focus on extensive traveling. After the 1 year travel, I will do part-time/seasonal work from 51 - 57...

Hi everyone, I've been reading this forum for years. I finally decided to post here. Hoping I get some good feedback on my FIRE plan. I got interested in FIRE after my husband was laid off in 2012 around his 40th birthday. We were not doing anything in taxable investment accounts or much savings...