Congrats......so young and doing so well. Retired Navy CMC with close to 1MM. Thank you sooooo much for your service[emoji106]
Hey thanks. Same to you! [emoji631]
Congrats......so young and doing so well. Retired Navy CMC with close to 1MM. Thank you sooooo much for your service[emoji106]
That's fantastic, congrats! We are currently at $2.1M not including a debt free house (~$700k). I plan to retire Dec 2019 as well at age 59, and DW will work a few years longer (unlike me, she loves her job).
Milestones for DW and me (50 & 48) as of this month
$2.7M Investable Assets
$3.5M Net Worth (includes house)
If I only had a solid plan for Health Insurance, we'd be pulling the plug...
How much in taxable and can you manage taxable income for ACA tax subsidies?
The 2.7 is about 50/50 split taxable and tax deferred.
The bigger issue is that we have 20 something adult kids that are still on our insurance and one of them is on an expensive medication that may or may not be covered on ACA. I'm not even sure how to figure that out.
So for now its employer group health and maybe move to COBRA if we decide to pull the cord, but COBRA only gets us 18 months.
20 kids on insurance?
But anyway, I had a full coverage type PPO in my last year of w*rk and found the full PPO type coverage (Florida Blue) to be just as inclusive within the ACA.
The major difference I have found with the ACA plans coverage is that the dental plan coverage is not nearly as good.
Just updated balances for the month to discover that DW and I are multimillionaires by a whole $1,600 over the 2.0M mark (all in, including home equity). . . .
I wrote post number 313 on this thread back on December 29, 2013 to memorialize us hitting 1.5M. We were both 36 then, and we're 39 (DW is 38) now. The intervening years have been a grind at work, frankly I'd prefer to have those three years back.
To everyone out there with their eye on the FIRE prize, no matter where you are in the process keep up the good work!
I wrote the post above on July 24, 2016. Today, a little over two and a half years (and a new job and a bunch of craziness) later, we're at 3.0M for the first time.
Thank you Jack Bogle, and may you rest in peace.
Good luck to everyone else out there grinding to the prize.
I'm now worth my weight in gold.
But I don't want the Midas touch -
Just reclaimed $4.5M NW status after the dip in 4Q2018! Also, set maximum target date to retire in 2025.
Everyone has different target. Depends on your expense. I need lots of cushion plus 3 kids going to college soon so my drive to continue.Now you're making me second guess myself. Sitting at 2m NW and put in my resignation letter for 7 June. Hope my numbers don't lie!
Everyone has different target. Depends on your expense. I need lots of cushion plus 3 kids going to college soon so my drive to continue.
Finally saw my 401k hit the 7 digits again for one day so far and took a screen shot this time.
I hear you. Our total investments/cash hit 7 digits yesterday. Even if it only lasted for a short time it was nice to see lol....DW and I are not considered young by most on this site; however, we have a good monthly guaranteed income of over 9k until I can take my SS and then the fun begins. Looking at walking away early next year.