Plan for Exit 2024

[brokrken]

Well done, Exit. Enjoy the vacation! Every year I tell myself I'm going to take two weeks and never seem to make it happen

 

[Love This Community]

Nice job Exit! Hope things turn around quickly and you Exit with a bang next year.

 

[zekeboz]

Q1 2026 update

• Very red quarter for us but surprisingly we managed to stay above $3M investable even before last day market run up.
• Spouse is officially retired !!! I am ramping down projects at work and ramping up vacation time as much as company will tolerate. Will see how that will go in 2026 and I may try to orchestrate my own layoff in 2027.
• Coast FIRE: all payroll contributions to 401k and HSA is set to zero, although HSA still gets small employer's contributions. We still maxed out HSA for 2025 and added some money to Trad+SEP IRAs to get us out of state tax penalty. Did not realize that we are short on withholding till completed our tax return.
• We still plan to make 2025 contribution to Roth IRAs from Taxable in April.
• Kitchen renovation is done and you can see it's impact in our cash position - net negative and will stay negative as we have balance on 0% credit card till January 2027.
• Travel - all ready for 2 week trip to Europe and the end of the May. It was challenging to take so much time off at work as single vacation, will see how it will go without me - hope that all will be smooth and I will continue to push for more vacation time.

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Congrats and nice progress! Unsure if you officially exceeded your retirement line in the sand or if that goal is shifting but a friendly reminder that time is finite, life is unpredictable and we are all mortals. Just learned that my cousin who retired two years before me at 50 (now 54) was just diagnosed out of the blue with cancer and is excepted to be 'ok' in the short term but the long term outlook is cloudy. His dreams and wishes are now compressed into years vs. decades.

 

[dobig]

Zekeboz, that's the sort of gut punch that jolts us awake and reminds us time is more valuable than anything. Best wishes for your cousin.

 

[Exit 2024]

Q2 2026 update

• Great Quarter and we finished at $3,799k NW or $3,474 without RE.
• Spouse is still retired but trying to figure out if some small short part-time projects should be looked into to not be bored while I am working, that is unexpected turn
• My job is going well, but corp is selling a lot of business this year, starting new wave of cost optimization and the worst development - making efforts to return all to the office. I am not affected so far by any of that but you never know when next shoe will drop, at least return to the office is sure thing and just matter of time. So I am actively strategizing for my Exit.
• Coast FIRE: all payroll contributions to 401k and HSA is still at zero except HSA still gets small employer's contributions. We made 2025 contribution to Roth IRAs from Taxable in April and bump up cash position to the green.
• Experiencing some challenges with exit planning, most is related to the a)health insurance and b)asset allocation. Will do separate post about both.
• Travel - spent 2 weeks in Europe and the end of the May. It was great!!! We split time in 3 different locations: 3 days in Amsterdam, 6 days in Wales rented narrow boat with friends and travel on in through the channels with a lot of locks, amazing experience. Rest of the vacation was spent in London, saw 2 musicals and visited museums.

 

[Exit 2024]

View of our Historical Gain/Loss by year, that is very encouraging to see that portfolio gains are significantly exceed our earned income almost every year and in 2026 it is already almost double of my full year pay.

 

[Koolau]

View of our Historical Gain/Loss by year, that is very encouraging to see that portfolio gains are significantly exceed our earned income almost every year and in 2026 it is already almost double of my full year pay.

This sort of gain was when I "KNEW" that I could actually retire. Congratulations on the great results. Keep us posted on your planning - and all the best.