anothercog
Recycles dryer sheets
Hello,
Longtime member but periodic poster. I was playing around with FireCalc this weekend and was surprised to find it gave me a 100% success rate for FI in 2026.
I'm 53 now and using a high-level average of my current level of spending plus accounting for unsubsidized health insurance and taxes and maintaining that level of spending until 69 and then reducing spending 2-3% per year from there. Likely this includes some padding as expenses should drop at 67 when DW qualifies for medicare, the house may be paid off, the kids will hopefully be independent and the dogs have crossed the rainbow bridge.
I am factoring in taking social security at 69 as well.
So only 3 more years to go! That put an extra pep in my step on a Monday workday.
Longtime member but periodic poster. I was playing around with FireCalc this weekend and was surprised to find it gave me a 100% success rate for FI in 2026.
I'm 53 now and using a high-level average of my current level of spending plus accounting for unsubsidized health insurance and taxes and maintaining that level of spending until 69 and then reducing spending 2-3% per year from there. Likely this includes some padding as expenses should drop at 67 when DW qualifies for medicare, the house may be paid off, the kids will hopefully be independent and the dogs have crossed the rainbow bridge.
I am factoring in taking social security at 69 as well.
So only 3 more years to go! That put an extra pep in my step on a Monday workday.