old medic
Thinks s/he gets paid by the post
- Joined
- Jul 28, 2020
- Messages
- 2,096
Reviewing some numbers today... DW has 103 more days to go...
DW is to..... Finishes up today with 100 days to go, or 80 days if she does 4 10s. Leaving out tomorrow and wont be back in until July 8th. Have 3 more weeks of camping trips planned before shes done.I am burning through a giant pile of PTO this summer on my way out!
Way to go!The time has come at last.After today, I will have officially joined the class of 2025. Today is my last day of getting up at 3:29 a.m. to report to the daily grind.
We're all set up with ACA subsidized insurance starting Aug. 1st. As of this morning, our retirement plan savings + taxable accounts + checking/savings was around 1.733M. We plan on living nicely on $60K per year ($48K, or $4K per month after the mandatory 20% income tax withholding) to start, which works out to an approximate 3.5% withdrawal rate from our little nest egg.
Our spending so far in the first 6 months of 2025 has been a little over $16K, which tracks closely with last year's spending, which was just under $33K, not counting the $24K we spent on our new retirement road-trip vehicle.
My current 401(k) is up to $457K, and that's what we'll pull the $60K/yr from for the next 5 years until I reach age 59-1/2. Right now, there's another $1.1M in Vanguard (a mix of previous 401(k)s, R-IRA, T-IRA, taxable accounts) waiting for us once I get to be that old.
A sincere thank you to all the members of this site who have shared their wisdom and experiences in order to help me reach my goal today. I am a better person today and feel very grateful to have found such an interesting group of like-minded people.
Tomorrow will truly be my Independence Day.![]()