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Thank you and congrats to all indeed! Please do enjoy it as you all have w*rk so hard to get to this point.

My last day was 4/18/12 at 37.

I just ER'd and DW still enjoys working and will work until 45. Like you, I am taking over the household chores so it's a trade-off and so far it seems to work out well. While both working, I would drive us to and from everyday- been doing that for the past 12+ years so she knows that it kind...

To the OP, it's great that you have the means to retire early and so by all means do it while you can! I am no where near your net worth but FIRE is possible with proper and consistent execution. I've been working in both public and private sectors for the past 20+ years. After a recent turn...

Yes, i am looking into some no load MF and max out on our IRA too...we just got the roth IRA set up as well as the Emigrant Direct. It takes a little whie to set up but once set up, it'll be easy to transfer monies around. What do you recommend? Duke

Hello there, DW is 30 and me 31. Plan to ER at no later than 50 if we don't have kids. Our net worth is conservatively estimate at $330K with the current house equity. We are on track to increase our net worth to $500K in 5 years and $1M+ in the next 10-15 years. We have no kids for now and are...

DW and I save 25% of our gross income plus company matching of 6% for each. 401K total approx $40K Emmigrant Direct $44K other savings $10 IRA $10K No CC debt and no kids for now, just a mortgage on a 3 years old house. We are aggressively saving more each year and will plan to semi retire at...

I too work in the private sector in training and development. At times it can be boring...  okay, most of the time it can be pretty boring.  ::) Working with PeopleSoft systems, I train and provide support for the entire management workforce of over 2600 in a company of over 26000 associates. ...

bode, You have  a good start.  Either way you decided on is okay considering your age.  The important thing is to be discipline in saving and work on up to the max 401K contribution allowed.  There are many factors involve since you have a lot of time and ideas that you get from this board are...

Thank you all...these are good thoughts.  We are already maxed out on our 401K contributions and agi is slightly under 100K and our income is projected to out pace inflation annually so that means a good no load mutual fund might be a better way to go...thanks LOL! for the link!  I am just...

Thank you for the advice....I was looking at an IRA as well and which one is better-- traditional or Roth? I am also looking at dumping some money into a no load mutual fund of some sort, any thought? Duke

You guys are hilarious... :laugh: But for what it worth, having kids and able to afford to have them is what life is all about. I just hope that when it is my turn, things will work out as planned. Rest assure, you'll see me on here more and more asking somewhat dumb questions with regards to...

;D that's funny stuff! I already on 2-3 cups a day at work so a few more at night shouldn't be a problem-changing diapers that is! ::)

Our risk tolerance would fall under high as we still have at least 20 years until retirement and there will be no chance of tapping into this...Aside from the 401ks w/ company matching, we only have a CD with $20K in it. Oh, and we are in the 30% tax bracket.

Hi folks, I posted several months back about some VULs that we were to cancel.  We are in the process of doing that- replacing them with $1M 30 years term policy each for me and DW.  Once that is completed, we'll cancel our VUL insurance coverage.  We will have some cash from the VUL policies...

Brewer, How are things man?  Just saw your post- belated Congrats! Many sleepless nights i am sure..  We are planning for our first child in 2007 so i am trying to psyche myself up for the obvious tasks at hand- diaper changing and occasional sleep walking.  ;D Duke

[One potential mega-corp advantage is that being just a small cog in the operation, you might find it possible to spend a significant amount of time crusing the web and researching FIRE topics while getting paid for it.] I concur 100%  ;D  Do what ya have to do to maintain the status quo and no...

Yeah tell me about it... ::)  I kind of knew about the charges being high but really didn't know better.  :-\  Now armed with this forum i feel a little better about term insurance.  The policies have about $21K in cash values since policy inception in 1998.  Surrendering them now will yield...

[You can see pictures of my house on my website.] Hey nice place...kind of cool actually. brewer12345,   A closer look at the VUL reveals 6% fees and more hidden fees!  :o  So have stop the monthly draft and just keep enough in there to keep the insurance current.  I am also looking at other...

Hi RW, What area are you from?  Builder of your own house now that is a great achievement that you can tell your kids in the future!  I am a car guy- well sort of, and would like to be able to build my own race car from scratch one day.  Looks like you are on your way to FIRE too if you keep...

[Anyway, just wondering what your current home is worth, and why you seem so sure of it increasing in value?] Hi there...Well there are a few determining factors.   First, there just isn't much land to build around here anymore and planned communities are far in between.  With that said, we...

;D Sounds great Kaleko...you can be the ref. Duke

I say go for it if you have the means...and I agreed that if the wife is happy, you will be happy  ;D Our situation is a bit different.  We heard of too many building house horror stories from differrent people, including a good friend of mine, so we opted in spending $500K+ on a new SFH in a...

You know, that sounds like a project for me to look into.  I am starting to worry about the fees that's going into the policies.  Every month, approx $50 bucks each, is going into the insurance coverage not counting some administrative fees.      Duke

I have had it for a while now, like 7 years.  It doesn't have a surrender charge anymore-  cash value is like $12K and face amount is $400K.  WRL - Western Reserve Life is the company and I've got the money on growth/emerging/ and international companies accounts.  Did i mentioned that i am...