robertf57
Recycles dryer sheets
- Joined
- Jun 8, 2014
- Messages
- 337
Thanks for the clarification and congrats.
2014 Annual Expenses: $57,600 – 2015 now tracking down to $57,000
2014 Annual Savings: $71,850 – 2015 now tracking up to $87,350
my boss called out of the blue last week and gave me a $10K/year raise, just to show their appreciation of my efforts and that they want to see me grow and be promoted within the company.
You're posting from an alternate universe, aren't you?
Something to ponder: you are saving 60% of your income.
If you can push that up even further to 66% you'll effectively be saving two years worth of expenses every year you work!
You might think you have a long way to go but at this rate you may even be fully financial independent by 40.
That's amazing. Thanks for the update. You definitely have the right mindset and btw congratulations on the new baby girl! Little big brother sounds so sweet.
I'm easily confused but are the numbers in the second section included in the net worth total? Not sure if that section is a sub-breakdown or a separate amount.
You guys seem to be doing great. If Ladbrokes offered a bet on your success, I would take it in a second! A combination of enjoying the present and being thoughtful about your financial future.
When my wife stopped working (sometime after kid #2), I was a bit concerned about the impact on our financial goals, and also having all the financial eggs in one basket (my career). I was making very good money, but still -- you never know.
But it all worked out fine. Her staying at home allowed me to focus on career. In retrospect, I wish I had been a bit less focused on career, but it will never be perfect. And we are at a point now -- in early 50s -- with one kid in college and one in high school -- when I could retire. My guess is by the time your kids are in college, you will be in that position too.
Thanks for the update. You are going like a rock star. For high achievers like yourselves, what might be the plan when ER time arrives?
If my boss called and gave me a $5,000 bonus today, I'd be 100 times more excited than I was to hit $1M in assets. I wonder, psychologically, why it wasn't as big of a deal as I might have expected.