Recent content by Shepard

Well, it is technically Day 3 of retirement, but today is the first Monday after the weekend where I didn't have to go into work. It feels strange, but in a very good way! :) It is still hard to believe I don't have to go back. Thank you again to everyone for the thoughts and encouragement!

Thank you, everyone! It does feel strange knowing I will be done Friday afternoon. I know others have said this before, but I was still surprised by the variety of reactions to the announcement at work.

I figured I should join this thread... I was going to retire in 22, but I stalled as the market dropped and it turned into OMY. I turned in my two weeks notice last Friday, so 5/5 will be it for me!

Well, I turned in my two weeks notice today, so here we go! FIRE'd as of 5/5!

Thank you; that helps a lot.

As things get closer, I have a question for those who made the transition to an ACA plan. Do you apply for an ACA plan before your actual last day of employment to ensure a smooth coverage transition or do you have to wait until you are actually unemployed to submit the application?

My spouse is supportive, but leaves all the financial stuff to me, so they just want me to confirm everything is fine and that's it. We have agreed that my last day will be no later than 6/2/2023, but could be earlier if I want, although 5/5 is the closest realistic date at this point. Any...

Update 4/6/2023 Once the market started turning down at the start of 2022, I decided to wait it out a bit and kept saving/working as my portfolio dropped. Fast forward to today, I am back at 30.5A (years of living expenses), or a 3.28% withdrawal rate, with an extra 4A on the side for various...

I am assuming no ACA subsidies in my calculation of 'A' (I have assumed I am paying the full premiums), so any subsidy I get would be further conservatism. That said, my plan to get or not get ACA subsidies is highly dependent on the returns from the option writing portion of my...

Thank you all for the replies. I appreciate it very much. Trying to reply in order of responses: @pb4uski - The 3.27% w/d rate does not include SS, which is another source of conservatism I suppose. However, with 20+ years before it would be in play, I just figure it will be a bonus...

First post, but I've been around for many years lurking. Age: About 42, Spouse the same Kids: None Anticipated Retirement: April 2022 Allocation: 80/20 Risky/Ballast Let A = Annual expected spending in retirement. We have 30.55A set aside for retirement, or a 3.27% w/d rate currently, split...