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What do you do with the interest in the mean time? I'd like to start a tips ladder for when I retire in ~5 years, but I'm not how to handle the interest.

If you read the linked report from College Board, what they actually are saying is that CPI-adjusted college tuition went down the last two years. Nominal tuition still went up. So, in 2 years of very high inflation, college tuition did not increase as much as the things driving inflation -...

If forced, probably. But that's not really what we want, especially with kids in the house. We're both enjoying our jobs at the moment. When I started this thread and was getting obsessed with ER I was feeling much more like I didn't want to be working.

Not at the moment, but it could happen. Kids are young and in grade school, so that really limits where we can live and how much we can travel. We'll see if big corporations have different ideas for us.

New Years 2023 Update: bad news is our investments were way down last year. Good news is new savings basically replaced that and kept us a bit better than even. Income is down some, and we're worried that the money train is slowing down in big tech, but we're still in good shape for 2030. As of...

You’ve done well, enjoy your retirement!

Welcome back! Tell us what it was like to go through 2008 as a new retiree.

I agree, stick to broad market indices and just sell as needed. Selling from your brokerage account will be tax efficient. You have way too much cash. I would buy a bond fund with it. I generally avoid bonds, but you need stable value to cushion the pain of sequence risk if markets drop just as...

New Years 2022 Update: chugging along, with $4.5M NW and $1.2M/year income. [emoji409]

We’re planning to retire in 2030, at 50/48. Oldest kid will be a HS junior, youngest will be in 8th grade. Our target # has gone up as our salaries and the market have been really soared the last few years. At the moment we have about $4.5M across our house equity, 529s, and retirement funds...

$36k in expenses for 6 people is just incredibly low. I’m both skeptical that’s all you are spending, and question whether you really want to live in poverty in order to not work.

Ha, yeah. Not sure what that was all about. I'm in software, she was a liberal arts major that's been hustling for 15+ years. Both in management now. Helps to be in a big city, and to be in growing industries (software, biotech).

You need to think of the listing price as part of the marketing, not what you expect to get. That said, you don’t want to go too low, and you seem about 10% too low.

OldShooter - thanks for the reply. Yes, we are invested in VTI and VXUS. We sell company stock as soon as possible. FWIW, we’d be much richer if we had held on to company stock for 10 years! But no regrets, it’s all about avoiding the downside risk and the broad market has done great.

Bill is exactly right on taxes and spending. We’re saving a big chunk of take home pay.

It’s crazy how much the market and salaries compound when things are going well. We’re now up to $3.9M in net assets, and $1M in compensation (stock run up + wife got a new job w/ a 50% comp increase). At our current savings rate we have a lot of options: we could probably retire now on $100k...

2020 is the first year we’ll make 800k. Just 5 years ago we made half that. We’re now saving about $300k/year, all intended for retirement. $200k/year of that is going in a brokerage account, so we should have plenty to fund our early retirement without doing a 72t.

What happens to your stake in the private company if you retire? Can you sell? If so, I'd seriously consider retiring. If you can't sell, I'd keep working. I suspect you're still adding enough $$ per year to the nest egg that it's material to your future lifestyle. You also frankly don't seem...

Here's the latest, as we approach 40. Even as life has interrupted in so many ways, we're still on track. Net worth: 3.2M House equity: $1M (we did buy that new house) Tax deferred: $1.1M Roth: $330k After tax: $260k 529: $360k Emergency fund: $50k Our comp has risen to $800k+ year, and we're...

With a bit of luck, 2030 will be our year, just as I turn 50.

Thanks, Bigdawg, that's a good point that I hadn't thought of. I don't think we have quite enough now, but if we got to ~$3.3M in the next two years, we could buy a very nice home in a LCOL area, have plenty of money for college, and live nicely on $100K @4% SWR. Right now we're leaning...

New Year's update: Net worth: 2.5M (up ~$600k from 1 year ago) House equity: $1070k Tax deferred: $720k Roth: $205k After tax: $185k 529: $260k Emergency fund: $30k Once again a very good income, savings, and (to my surprise) investment year. We're very much on track, though I certainly...

Yeah, I agree, we're over allocated in the house. This is due to better than expected appreciation (which we didn't quite realize had happened in the first few years of owning) and general conservatism about home ownership/wanting to buy a more expensive house. The plan at this point is to limit...

New Year's update: things are on track, and we had a good income and investing year: Net worth: 1.9M (up > $300k from 1 year ago) House equity: $950k Tax deferred: $550k Roth: $120k After tax: $100k 529: $135k Emergency fund: $40k Expenses look ok - no new house, 3rd kid, or divorce in sight :)

What would the condo sell for? I'd consider selling it and banking the money to spend until 60.