Robtzu
Confused about dryer sheets
I have wanted to do FIRE for quite some time, but ex spouse was not on board. So now I start. 46 years old, have 17 and 13 year old at home. There is no child support or alimony. The divorce was not so fun, but here is where I stand.
2024 Trailblazer, just bought so about $0 equity.
Base pay $120,000 a year, overtime can take that to $150,000 or so.
Pension at work, 15 years so far, at 30 years it is equal to half my base salary. We can take as lump sum, currently valued at $170,00. Goes up 3% a year due to age, another 3% or so with raises, and then years of service. Ex gets none of this, I bought here out of it with 401k cash.
401k $30,000 in Roth component.
No credit card or consumer debt.
$15,000 in cash.
I rent, we sold house and split the equity. My Rent for 3 BR townhouse is $1500 per month.
I am at the gather information stage more than anything at the moment. My plan is to get $50,000 in savings account in case lose job then go from there.
2024 Trailblazer, just bought so about $0 equity.
Base pay $120,000 a year, overtime can take that to $150,000 or so.
Pension at work, 15 years so far, at 30 years it is equal to half my base salary. We can take as lump sum, currently valued at $170,00. Goes up 3% a year due to age, another 3% or so with raises, and then years of service. Ex gets none of this, I bought here out of it with 401k cash.
401k $30,000 in Roth component.
No credit card or consumer debt.
$15,000 in cash.
I rent, we sold house and split the equity. My Rent for 3 BR townhouse is $1500 per month.
I am at the gather information stage more than anything at the moment. My plan is to get $50,000 in savings account in case lose job then go from there.