Author Topic: Early Retirement vs Serial Mini Retirements  (Read 57855 times)

FIREby35

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Re: Early Retirement vs Serial Mini Retirements
« Reply #250 on: September 28, 2018, 07:37:41 AM »
did you have to get new Cred cards to do it ?

My wife manages all the credit card miles. Yeah, we have opened lots of cards over the last few years. I don't know if she opened new ones or not for this trip.

I do know we are going to be eligible to re-open cards that we first got the bonus on three years ago and so we should have lots of opportunities to rack up miles starting again soon.

des999

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Re: Early Retirement vs Serial Mini Retirements
« Reply #251 on: September 28, 2018, 10:58:38 AM »
BUMP

Any updates from the folks who where doing this a couple of years ago when the thread started?

I was planning to wait till I hit a certain number, but I have this feeling that I should do a sabbatical (hoping for a year) sooner rather than later as I have a child with a pre-existing.  If ACA were to go away or if we lost the pre-existing exception I would regret not doing it.  Currently work at MegaCorp so ins is covered, but would most likely have to leave job for the year.

I am not at the number yet that I had in my mind, but I am close enough.  More to come, but I'm thinking next April 1st after I get my bonus.  MAGI at that point should still be low enough to get subsidies. 

I've enjoyed following this thread, hopefully I can add to it soon.  :)

Classical_Liberal

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Re: Early Retirement vs Serial Mini Retirements
« Reply #252 on: September 28, 2018, 01:55:22 PM »
Cool des999!!

Couldn't you pay COBRA through mega corp for up to 18 mos if need be?

letsdoit

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Re: Early Retirement vs Serial Mini Retirements
« Reply #253 on: October 01, 2018, 08:32:36 AM »
I pd COBRA for 12 months and I almost threw up every time I thought about it

CRAZy expensive like 450$ /mo for one person

des999

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Re: Early Retirement vs Serial Mini Retirements
« Reply #254 on: October 01, 2018, 10:57:46 AM »
Cool des999!!

Couldn't you pay COBRA through mega corp for up to 18 mos if need be?

yes, that is one option in my back pocket, but as letsdoit said, it's a rather expensive option.  But, I guess I need to weigh both.  Thanks for the reminder. 

2Birds1Stone

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Re: Early Retirement vs Serial Mini Retirements
« Reply #255 on: October 01, 2018, 01:27:27 PM »
When I left my job in August Cobra was quoted at $1400 for 2 young people........crazy.