Author Topic: 2018 FIRE cohort  (Read 376241 times)

sui generis

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Re: 2018 FIRE cohort
« Reply #1800 on: July 17, 2018, 11:40:43 AM »
+1 and congrats, @PhilB.  That sounds like a better plan.  I'd love a transition like that!

PhilB

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Re: 2018 FIRE cohort
« Reply #1801 on: July 18, 2018, 08:53:17 AM »
+1 and congrats, @PhilB.  That sounds like a better plan.  I'd love a transition like that!
Thanks.  Certainly less stressful than your attempt to get 42.5 billable hours a week in your 'run down'!

dude

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Re: 2018 FIRE cohort
« Reply #1802 on: July 19, 2018, 07:12:24 AM »
Having just read up on the last few pages, I'm just giddy with excitement and anticipation!  SO MUCH FUN to read these retirement notice posts!! I'm in the 2019 cohort (May 7, 2019), so I'm just 9.5 months away, which seems SO CLOSE and yet SO FAR at the same time! Feeling totally inspired after reading about you 2018 finishers!

TartanTallulah

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Re: 2018 FIRE cohort
« Reply #1803 on: July 20, 2018, 08:39:12 AM »
My resignation letter has gone in and has been accepted. I finish on 31/10/18.

I've been asked to do Just One More Month, and I've declined because I know if I agreed my current colleagues would stop looking for other solutions, and they need to look for other solutions.

I'm not particularly happy about the manner and timing of my departure, but logically I know that if you hear a speeding train the first thing you should do is get off the tracks unless you're suicidal or a martyr, and I'm neither. And I'm very much looking forward to not having to do quite a long list of specific things any more.

I intend to be an exemplary colleague until the minute I walk out the door for the last time.

honeyfill

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Re: 2018 FIRE cohort
« Reply #1804 on: July 20, 2018, 09:51:11 AM »
My resignation letter has gone in and has been accepted. I finish on 31/10/18.

I've been asked to do Just One More Month, and I've declined because I know if I agreed my current colleagues would stop looking for other solutions, and they need to look for other solutions.

I'm not particularly happy about the manner and timing of my departure, but logically I know that if you hear a speeding train the first thing you should do is get off the tracks unless you're suicidal or a martyr, and I'm neither. And I'm very much looking forward to not having to do quite a long list of specific things any more.

I intend to be an exemplary colleague until the minute I walk out the door for the last time.


Great News TT,
You can do 3 more months standing on your head.  Now it is time to prioritize.  Dump all your non productive busy-work projects, don't accept anything that wont be complete before Oct 31 and you will be twice as productive and twice as happy!!

SugarMountain

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Re: 2018 FIRE cohort
« Reply #1805 on: July 20, 2018, 01:01:49 PM »



08/01/18  SugarMountain



Have not submitted my resignation.  Current status is OMM (or maybe OMW) mode, depending on my mood. Hopefully doesn't turn into full blown OMY. Still working through the emotional side of this more than anything.

Vegasgirl

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Re: 2018 FIRE cohort
« Reply #1806 on: July 20, 2018, 01:51:15 PM »
Congrats TT !!!

MaybeBabyMustache

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Re: 2018 FIRE cohort
« Reply #1807 on: July 20, 2018, 09:52:42 PM »
Had my meeting with my manager today & advised her that I planned to leave the company. She was lovely & offered me a variety of other options (none of which are typically available). Including: part time, a sabbatical, 80%, a reduced scope, etc. It was a great chat & we both agreed that we would take time to think about what comes next & any possible options that would make sense. I've discovered that I can take a sabbatical of up to 8 weeks (unpaid), but my stock would continue to vest. My options are worth about $10k/month, so this would be huge. I'll continue to work with her on a plan that will either result in: a sabbatical followed by part time work, a sabbatical followed by me quitting, or a longer transition plan followed by a sabbatical. I have a great manager, and am very happy to have the conversation done so we can now be transparent about future plans.

Fresh Bread

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Re: 2018 FIRE cohort
« Reply #1808 on: July 20, 2018, 10:57:07 PM »
Current plan for me is, drop to a strict 10 hr work week at the end of September so I can crack on with other projects and I'll aim to sell my business asap after that. Even though I'll be working hardly any hours on the business I won't feel retired til it's totally off my plate, but I'm not sure how long it will take.

Hubby will finish full-time work at the end of Sept and will seek to get a 2 days a week gig at the same place - he's on a contract but has asked to stay on, details yet to be worked out. He's going to try to talk to his manager soon. If that doesn't work he'll take a break and then look for something closer to home and part time just to keep him busy and his brain active.

So hopefully we will both be part-time from Oct 1 and full FIRE for me might eventually happen as late as 2019. I don't know if hubby will ever actually retire as such but if he's part-time and can take a decent amount of leave, we will get to do everything we want to anyway, so all is well.   

aperture

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Re: 2018 FIRE cohort
« Reply #1809 on: July 21, 2018, 11:57:56 AM »
3 weeks since FIRE. I am on the road with my 13 year old daughter. We are headed into Acadia NP, camping for the next 5 days. It has been great to have this time with her. A big reason to avoid OMY is that my kids are going to be out of the house. Already the oldest is out more than in and I don't want to miss the chance at sharing more of our lives while there is opportunity.

I am starting to feel retired. I am sleeping well and I am not having any free floating anxiety.

We will be on the road about three more weeks. I will write a more complete update then. Best wishes to you all, aperture.


MaybeBabyMustache

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Re: 2018 FIRE cohort
« Reply #1810 on: July 21, 2018, 12:47:52 PM »
3 weeks since FIRE. I am on the road with my 13 year old daughter. We are headed into Acadia NP, camping for the next 5 days. It has been great to have this time with her. A big reason to avoid OMY is that my kids are going to be out of the house. Already the oldest is out more than in and I don't want to miss the chance at sharing more of our lives while there is opportunity.

I am starting to feel retired. I am sleeping well and I am not having any free floating anxiety.

We will be on the road about three more weeks. I will write a more complete update then. Best wishes to you all, aperture.

Loved your update, aperture. Enjoy your time with your family!

wordnerd

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Re: 2018 FIRE cohort
« Reply #1811 on: July 21, 2018, 01:23:50 PM »
Dear 2018 Cohort,

For those of who have already FIRE'ed and those who are going to FIRE soon, I highly recommend that you read the following thread and an article by Dr. Doom

https://forum.mrmoneymustache.com/post-fire/difficult-fire-decompressiontransition-anyone/

https://livingafi.com/2015/11/06/done-detoxing/

I am nearing the 6 full months of FIRE and there is a lot of truth in the posts and especially Dr. Doom's article.

Thanks for posting this. The afi link is totally apt to what I'm going through right now. I've been toying with going back to work, and the post was spot on to the underlying reasons why.

Blindsquirrel

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Re: 2018 FIRE cohort
« Reply #1812 on: July 21, 2018, 04:51:36 PM »
    Is adding 2% to your stash worth 8 more months at megacorp? We are FI now but another bonus and LTI vesting would be nice. KInda thinking of it, kinda just thinking of turning in my notice ASAP and just retiring.

SwordGuy

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Re: 2018 FIRE cohort
« Reply #1813 on: July 21, 2018, 05:46:19 PM »
We've been retired a bit over 2 1/2 months. 

The first month was really rough, we both caught some kind of crud that lasted for a month.

2nd month was better, but we were still physically, emotionally and intellectually worn out.

3rd month, we've started feeling more energetic.   I think it will take a few more to completely destress and heal, but every day it's better than better!

sui generis

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Re: 2018 FIRE cohort
« Reply #1814 on: July 21, 2018, 06:21:19 PM »
    Is adding 2% to your stash worth 8 more months at megacorp? We are FI now but another bonus and LTI vesting would be nice. KInda thinking of it, kinda just thinking of turning in my notice ASAP and just retiring.

I'm making almost this exact decision, except it's closer to 5%of stash for me, and 7 months max. I'm really torn.  Even torn on how to go about deciding.

sol

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Re: 2018 FIRE cohort
« Reply #1815 on: July 21, 2018, 06:29:43 PM »
    Is adding 2% to your stash worth 8 more months at megacorp? We are FI now but another bonus and LTI vesting would be nice. KInda thinking of it, kinda just thinking of turning in my notice ASAP and just retiring.

I'm making almost this exact decision, except it's closer to 5%of stash for me, and 7 months max. I'm really torn.  Even torn on how to go about deciding.

Once you reach "enough" what is $1 more really worth?

There will always be something else you can spend money on if you go get more of it, no matter how much you get.  The key isn't in finally getting enough money to cover desires, the key is recognizing that your desires will never be truly satisfied, and you need to find your "enough" amount and then stick with it.

Lots of people want to keep working because they think they need more money to be happy.  They don't realize that work is what is keeping them from being happy.

You assets, your investments, you house, your possessions, they're all fleeting and temporary.  You don't really own them, not forever, you're just caretaking them until passing them on to someone else, or you're consuming/destroying them so that nobody else can have them.  We don't really ever own anything, except own own choices.  Those define what kind of person you are.  Not what kind of car you drive.

How much money do you need to make the kinds of choices that will make you the kind of person you really want to be?  Is seven more months in your job going to let you make the kinds of choices that will make you the kind of person you really want to be?

chasesfish

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Re: 2018 FIRE cohort
« Reply #1816 on: July 21, 2018, 07:47:55 PM »
    Is adding 2% to your stash worth 8 more months at megacorp? We are FI now but another bonus and LTI vesting would be nice. KInda thinking of it, kinda just thinking of turning in my notice ASAP and just retiring.

I'm making almost this exact decision, except it's closer to 5%of stash for me, and 7 months max. I'm really torn.  Even torn on how to go about deciding.

I'm living this decision right now, and @sol is right in everything he says!  The numbers are overwhelmingly more in my situation (about an 8% increase for just under eight months) and I still question if I'm doing the right thing.  The only other two things I'll add is around half of that comes in after-tax dollars and I've been hitting the retirement accounts so hard liquidity is a bit tighter than I'd like. 

The other consideration is the morality of taking the 12 weeks allowed in leave in late December then just not coming back, it would still get me through that vesting schedule.  Alternatively I could front-load "vacation" before my notice and just have it netted out of the last check.

Coming at peace with not "fixing" everything I see wrong at the company helps.  I've made the conscious choice not to place the 2-5 year political and life game to get promoted to the next level where I can further influence change.  I'd prefer it just got fixed, but I can accept what I can't control.  I get to come in and hang out and lead good people ever day.  The steps in my exit start picking up pace come September as well.

TartanTallulah

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Re: 2018 FIRE cohort
« Reply #1817 on: July 22, 2018, 03:47:05 AM »
My resignation letter has gone in and has been accepted. I finish on 31/10/18.

I've been asked to do Just One More Month, and I've declined because I know if I agreed my current colleagues would stop looking for other solutions, and they need to look for other solutions.

I'm not particularly happy about the manner and timing of my departure, but logically I know that if you hear a speeding train the first thing you should do is get off the tracks unless you're suicidal or a martyr, and I'm neither. And I'm very much looking forward to not having to do quite a long list of specific things any more.

I intend to be an exemplary colleague until the minute I walk out the door for the last time.


Great News TT,
You can do 3 more months standing on your head.  Now it is time to prioritize.  Dump all your non productive busy-work projects, don't accept anything that wont be complete before Oct 31 and you will be twice as productive and twice as happy!!

Thanks, honeyfill :-) Good advice! It's not that sort of job, I still have to Do All The Things (frontline healthcare, senior role involving making sure All The Things get done, potential serious consequences if anything is missed) and have almost no control over how many Things I have to do each day, and my remaining colleagues could pull all sorts of stunts to make things more difficult for me. I have a strong suspicion that I'll be working very short-handed and very long hours for at least my final two months.

But I'm leaving. I'm actually leaving. I'm going to have an opportunity to find out whether I genuinely want to do all the things I'm always saying I'd love to do if work didn't get in the way. This is most exciting.


MaybeBabyMustache

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Re: 2018 FIRE cohort
« Reply #1818 on: July 22, 2018, 07:11:03 AM »
    Is adding 2% to your stash worth 8 more months at megacorp? We are FI now but another bonus and LTI vesting would be nice. KInda thinking of it, kinda just thinking of turning in my notice ASAP and just retiring.

I'm making almost this exact decision, except it's closer to 5%of stash for me, and 7 months max. I'm really torn.  Even torn on how to go about deciding.

I'm living this decision right now, and @sol is right in everything he says!  The numbers are overwhelmingly more in my situation (about an 8% increase for just under eight months) and I still question if I'm doing the right thing.  The only other two things I'll add is around half of that comes in after-tax dollars and I've been hitting the retirement accounts so hard liquidity is a bit tighter than I'd like. 

The other consideration is the morality of taking the 12 weeks allowed in leave in late December then just not coming back, it would still get me through that vesting schedule.  Alternatively I could front-load "vacation" before my notice and just have it netted out of the last check.

Coming at peace with not "fixing" everything I see wrong at the company helps.  I've made the conscious choice not to place the 2-5 year political and life game to get promoted to the next level where I can further influence change.  I'd prefer it just got fixed, but I can accept what I can't control.  I get to come in and hang out and lead good people ever day.  The steps in my exit start picking up pace come September as well.

All of this. It's a lot of money & would give us additional travel flexibility in some of the gap years while my husband is still working. (I plan to either full on retire or quit my "career" & do something enjoyable & part time, but my husband will continue to work). I also would be more flexible in helping my family (parents, sister) with a little extra money. Cover the cost of vacations, etc. They all work super hard & are amazing to us, but don't have much money. That's an extra incentive as well. But, to Sol's point, I can always generate a list like this so where does it end?

chasesfish

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Re: 2018 FIRE cohort
« Reply #1819 on: July 22, 2018, 08:16:44 AM »
@MaybeBabyMustache I don't think it ever "ends", but the required reward to stay increases exponentially.

My wife asked me "What if they try to convince you to stay, how much would it take?"  My response for March of this coming year would be a $500,000 retention bonus, paid out monthly over 12 months.  Your number will just price out your employer at some point.

MaybeBabyMustache

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Re: 2018 FIRE cohort
« Reply #1820 on: July 22, 2018, 08:30:16 AM »
@MaybeBabyMustache I don't think it ever "ends", but the required reward to stay increases exponentially.

My wife asked me "What if they try to convince you to stay, how much would it take?"  My response for March of this coming year would be a $500,000 retention bonus, paid out monthly over 12 months.  Your number will just price out your employer at some point.

My employer offered me (potentially, was just a conversation) flexibility & part-time, which would be way more valuable to me than money at this point. My manager knows me well enough that she knew not to try & throw money in as the solution

chasesfish

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Re: 2018 FIRE cohort
« Reply #1821 on: July 22, 2018, 08:33:26 AM »
@MaybeBabyMustache I don't think it ever "ends", but the required reward to stay increases exponentially.

My wife asked me "What if they try to convince you to stay, how much would it take?"  My response for March of this coming year would be a $500,000 retention bonus, paid out monthly over 12 months.  Your number will just price out your employer at some point.

My employer offered me (potentially, was just a conversation) flexibility & part-time, which would be way more valuable to me than money at this point. My manager knows me well enough that she knew not to try & throw money in as the solution

I unfortunately don't have that option.  There are almost no part-time jobs at the company and there's also a level of arrogance in upper management that looks down on people "stepping back" but collecting out all of their equity/deferred comp.   I looked at one of the "remote" positions, but didn't go down that path after I saw how a peer was treated.

I agree that something like a three day a week schedule would be far more appealing to me at this point.  The incremental savings are immaterial

MaybeBabyMustache

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Re: 2018 FIRE cohort
« Reply #1822 on: July 22, 2018, 08:40:56 AM »
@chasesfish - there are zero part time roles in my company, and certainly not for senior people. People at my level are typically managing large teams & P&L. So, I'll be fascinated to see if this offer (it was a discussion in our initial conversation) is a possibility. In reasons why it may happen, I'm a senior woman in an area of the company where that's super rare, and have a long tenure in a skill set very few people have. They may prefer to keep me in a part time role for either optics for awhile, or because even a part time contribution will help bridge the gap until they can bring in other senior people who are ramped (likely a 2 year process from beginning to full ramp).

I go back & forth as to whether it would be easier or harder to do part time in my current role. Could I really step back & handle both the differences in how I'm treated, and my own contribution? I'd need a pretty rigid schedule (e.g. have to leave at noon in order to handle childcare, etc) to force my own hand in not turning into working a full time schedule again. We'll see how things end up.

Blindsquirrel

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Re: 2018 FIRE cohort
« Reply #1823 on: July 22, 2018, 01:08:44 PM »
    @sol
Quote
Once you reach "enough" what is $1 more really worth?

There will always be something else you can spend money on if you go get more of it, no matter how much you get.  The key isn't in finally getting enough money to cover desires, the key is recognizing that your desires will never be truly satisfied, and you need to find your "enough" amount and then stick with it.

Lots of people want to keep working because they think they need more money to be happy.  They don't realize that work is what is keeping them from being happy.

You assets, your investments, you house, your possessions, they're all fleeting and temporary.  You don't really own them, not forever, you're just caretaking them until passing them on to someone else, or you're consuming/destroying them so that nobody else can have them.  We don't really ever own anything, except own own choices.  Those define what kind of person you are.  Not what kind of car you drive.

How much money do you need to make the kinds of choices that will make you the kind of person you really want to be?  Is seven more months in your job going to let you make the kinds of choices that will make you the kind of person you really want to be?

   Thank you. I need no more money. I have all that I could ever desire as far as things. I have a mental hang up from my youth of "You must work". Parents grew up in the great depression and my 50 year old brain is having a tough time just walking out the door on a job that I actually like most days. (but not everyday). The fact that I am really free is a bit of a stunner to my head and given that I am FI I really need to get the RE part together. That said, life is very short indeed. It is much less the % of stash than what is going on inside my head. That is where the real battle is taking place. Only I can fight the fears, uncertainty, doubts, etc and thus far have a bit of trench warfare going on.

SugarMountain

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Re: 2018 FIRE cohort
« Reply #1824 on: July 22, 2018, 04:54:41 PM »
Parents grew up in the great depression and my 50 year old brain is having a tough time just walking out the door on a job that I actually like most days. (but not everyday). The fact that I am really free is a bit of a stunner to my head and given that I am FI I really need to get the RE part together. That said, life is very short indeed. It is much less the % of stash than what is going on inside my head. That is where the real battle is taking place. Only I can fight the fears, uncertainty, doubts, etc and thus far have a bit of trench warfare going on.

Same. I've been working since I was twelve when I started mowing lawns and got a paper route.  Even though I've been thinking about ER for years now, that I'm on the cusp, I'm finding it to be a big cliff and it's easy to come up with reasons not to just yet.

Arbitrage

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Re: 2018 FIRE cohort
« Reply #1825 on: July 23, 2018, 08:23:45 AM »
    Is adding 2% to your stash worth 8 more months at megacorp? We are FI now but another bonus and LTI vesting would be nice. KInda thinking of it, kinda just thinking of turning in my notice ASAP and just retiring.

I'm making almost this exact decision, except it's closer to 5%of stash for me, and 7 months max. I'm really torn.  Even torn on how to go about deciding.

Once you reach "enough" what is $1 more really worth?

There will always be something else you can spend money on if you go get more of it, no matter how much you get.  The key isn't in finally getting enough money to cover desires, the key is recognizing that your desires will never be truly satisfied, and you need to find your "enough" amount and then stick with it.

Lots of people want to keep working because they think they need more money to be happy.  They don't realize that work is what is keeping them from being happy.

You assets, your investments, you house, your possessions, they're all fleeting and temporary.  You don't really own them, not forever, you're just caretaking them until passing them on to someone else, or you're consuming/destroying them so that nobody else can have them.  We don't really ever own anything, except own own choices.  Those define what kind of person you are.  Not what kind of car you drive.

How much money do you need to make the kinds of choices that will make you the kind of person you really want to be?  Is seven more months in your job going to let you make the kinds of choices that will make you the kind of person you really want to be?

A couple of good friends were making fun of me/my plan the other day.  The discussion of "what will you do if you retire" came up again, and I mentioned that we might do part-time work here or there, if we feel like it.  They were talking about how that made no sense - fewer hours, big gap in your resume, likely less pay per hour - you'll earn so much less money.  Stupid plan.  You'd make so much more by just continuing to work.

Maybe true, but I'm not sure they get the point of the 'FI' part of 'FIRE.'

Richmond 2020

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Re: 2018 FIRE cohort
« Reply #1826 on: July 23, 2018, 03:22:11 PM »
Truly inspiring reading all these stories of people approaching their respective finish lines.

I am currently in the 2020 cohort with a 31 December 2020 finish line to coincide when the end of my current role. Seriously considering shortening the length of my race and crossing the line in December this year, or in January 2019. Iíve already cut back to 4 days a week but still suffering from the mental tourture if turning up to work.

MaybeBabyMustache

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Re: 2018 FIRE cohort
« Reply #1827 on: July 23, 2018, 05:48:28 PM »
Had my meeting with my manager today & advised her that I planned to leave the company. She was lovely & offered me a variety of other options (none of which are typically available). Including: part time, a sabbatical, 80%, a reduced scope, etc. It was a great chat & we both agreed that we would take time to think about what comes next & any possible options that would make sense. I've discovered that I can take a sabbatical of up to 8 weeks (unpaid), but my stock would continue to vest. My options are worth about $10k/month, so this would be huge. I'll continue to work with her on a plan that will either result in: a sabbatical followed by part time work, a sabbatical followed by me quitting, or a longer transition plan followed by a sabbatical. I have a great manager, and am very happy to have the conversation done so we can now be transparent about future plans.

I got the sabbatical details today, and it's 30 days (unpaid) with my stock continuing to vest, and full medical. Then another 60 days (unpaid), with no stock vest but full medical. Either way, I will definitely pursue a sabbatical before I either switch to part time or leave. Such a great discovery & feel so happy my manager was supportive.

Dicey

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Re: 2018 FIRE cohort
« Reply #1828 on: July 24, 2018, 01:05:11 AM »
Had my meeting with my manager today & advised her that I planned to leave the company. She was lovely & offered me a variety of other options (none of which are typically available). Including: part time, a sabbatical, 80%, a reduced scope, etc. It was a great chat & we both agreed that we would take time to think about what comes next & any possible options that would make sense. I've discovered that I can take a sabbatical of up to 8 weeks (unpaid), but my stock would continue to vest. My options are worth about $10k/month, so this would be huge. I'll continue to work with her on a plan that will either result in: a sabbatical followed by part time work, a sabbatical followed by me quitting, or a longer transition plan followed by a sabbatical. I have a great manager, and am very happy to have the conversation done so we can now be transparent about future plans.

I got the sabbatical details today, and it's 30 days (unpaid) with my stock continuing to vest, and full medical. Then another 60 days (unpaid), with no stock vest but full medical. Either way, I will definitely pursue a sabbatical before I either switch to part time or leave. Such a great discovery & feel so happy my manager was supportive.
Wow, what a nice surprise!

Blindsquirrel

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Re: 2018 FIRE cohort
« Reply #1829 on: July 24, 2018, 05:36:39 PM »
  Good for you! I am hoping I can sneak a deal like that or better yet, a package!

sol

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Re: 2018 FIRE cohort
« Reply #1830 on: July 24, 2018, 06:55:26 PM »
I have 13 work days left.  Shit's getting real.

13 morning commutes.  13 lunch breaks.  3 biweekly time cards to fill out.  2 weekly project review meetings, one of which I intend to cancel.  Zero regrets.

AccidentalMiser

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Re: 2018 FIRE cohort
« Reply #1831 on: July 24, 2018, 07:09:38 PM »
I have 13 work days left.  Shit's getting real.

13 morning commutes.  13 lunch breaks.  3 biweekly time cards to fill out.  2 weekly project review meetings, one of which I intend to cancel.  Zero regrets.

Whoa!  Congrats @sol !  I happy for you!!

EnjoyIt

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Re: 2018 FIRE cohort
« Reply #1832 on: July 24, 2018, 09:42:53 PM »
I have 13 work days left.  Shit's getting real.

13 morning commutes.  13 lunch breaks.  3 biweekly time cards to fill out.  2 weekly project review meetings, one of which I intend to cancel.  Zero regrets.

I can't imagine the feeling.  If it was me that close I would likely have excitement with a bit of fear.

mjr

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Re: 2018 FIRE cohort
« Reply #1833 on: July 26, 2018, 01:39:44 PM »
1 week to go.

32 years of work and 22 years at this company. 

1 week to go.

MaybeBabyMustache

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Re: 2018 FIRE cohort
« Reply #1834 on: July 26, 2018, 03:08:03 PM »
1 week to go.

32 years of work and 22 years at this company. 

1 week to go.

CRAZY! 22 years at the same company. Wow! I spent 15 years at a company (and now, 5 at another) & think that's a long time. So close! How are you feeling about all of the upcoming changes?

markbike528CBX

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Re: 2018 FIRE cohort
« Reply #1835 on: July 26, 2018, 03:54:57 PM »
1 week to go.

32 years of work and 22 years at this company. 

1 week to go.

Ignore the countdown, ignore the pucker factor, have a beer (or your relaxing beverage of choice).
same to @sol .

SwordGuy

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Re: 2018 FIRE cohort
« Reply #1836 on: July 26, 2018, 07:36:57 PM »
I have 13 work days left.  Shit's getting real.

13 morning commutes.  13 lunch breaks.  3 biweekly time cards to fill out.  2 weekly project review meetings, one of which I intend to cancel.  Zero regrets.

I can't imagine the feeling.  If it was me that close I would likely have excitement with a bit of fear.


I guess that's where the OMY syndrome from 2017 worked for us.  By the time the extra year was over, we were just damned ready.

PizzaSteve

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Re: 2018 FIRE cohort
« Reply #1837 on: July 27, 2018, 10:10:51 AM »
I have 13 work days left.  Shit's getting real.

13 morning commutes.  13 lunch breaks.  3 biweekly time cards to fill out.  2 weekly project review meetings, one of which I intend to cancel.  Zero regrets.

Whoa!  Congrats @sol !  I happy for you!!
Congrats from me as well.  We've had agreements and debates, but my wife and I are happy for your successful realization of your life plans.

For those debating how it feels, we are hiking every other day with a local group, health improving every week, have taken one international bucket list trip, spent extra time helping and visiting with our aging parents, visited multiple cultural and music festivals, are traveling to visit college friends next week and will stop at another friends cabin in Denver on the way back, because they offered and we have the time (plus a SWA companion pass...so flights have been free...see that thread).  Take the plunge.

Also, we are spending much less than we planned, we havent even spent the cash we set aside for living this year, much less our investments.  No commute cost, cooking 95%+ of our own meals, ....and happy hour deals when we do go out.  Planning to ditch a car.  Retirement with a low consumption lifestyle rocks, is healthy, reduces our carbon footprint, etc.
« Last Edit: July 27, 2018, 10:24:45 AM by PizzaSteve »

sol

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Re: 2018 FIRE cohort
« Reply #1838 on: July 27, 2018, 10:38:33 AM »
Also, we are spending much less than we planned, we havent even spent the cash we set aside for living this year, much less our investments.  No commute cost, cooking 95%+ of our own meals, ....and happy hour deals when we do go out.  Planning to ditch a car.  Retirement with a low consumption lifestyle rocks, is healthy, reduces our carbon footprint, etc.

I want to be like PizzaSteve when I grow up.

PhilB

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Re: 2018 FIRE cohort
« Reply #1839 on: July 27, 2018, 11:18:26 AM »
Also, we are spending much less than we planned, we havent even spent the cash we set aside for living this year, much less our investments.  No commute cost, cooking 95%+ of our own meals, ....and happy hour deals when we do go out.  Planning to ditch a car.  Retirement with a low consumption lifestyle rocks, is healthy, reduces our carbon footprint, etc.

I want to be like PizzaSteve when I grow up.
I don't want to grow up.

PizzaSteve

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Re: 2018 FIRE cohort
« Reply #1840 on: July 27, 2018, 01:18:41 PM »
Also, we are spending much less than we planned, we havent even spent the cash we set aside for living this year, much less our investments.  No commute cost, cooking 95%+ of our own meals, ....and happy hour deals when we do go out.  Planning to ditch a car.  Retirement with a low consumption lifestyle rocks, is healthy, reduces our carbon footprint, etc.

I want to be like PizzaSteve when I grow up.
@PhilB ans @sol.  I want to be you guys, so were even....

mjr

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Re: 2018 FIRE cohort
« Reply #1841 on: July 27, 2018, 08:10:15 PM »
1 week to go.

32 years of work and 22 years at this company. 

1 week to go.

CRAZY! 22 years at the same company. Wow! I spent 15 years at a company (and now, 5 at another) & think that's a long time. So close! How are you feeling about all of the upcoming changes?

It's been overwhelming.  I'm walking away from a shit-hot salary, fun people and easy work, but the place is getting me down.  The company's turned in a direction that I don't like and can't  get up the motivation to continue in a professional way.  I manoeuvred myself into a redundancy package that isn't life changing but is a bloody nice cherry on top of what I have squirrelled away.  If not for this opportunity, I seriously doubt I would have had the courage to just resign - I've been OMYing for a while.

However, deep down I know that staying just for the sake of the money is the weak option - more personal growth awaits from taking the plunge.  So I'm going through with it.

Dicey

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Re: 2018 FIRE cohort
« Reply #1842 on: July 27, 2018, 09:43:14 PM »
Hooray for the whole lot of you!

sol

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Re: 2018 FIRE cohort
« Reply #1843 on: July 27, 2018, 10:31:35 PM »
However, deep down I know that staying just for the sake of the money is the weak option - more personal growth awaits from taking the plunge.  So I'm going through with it.

I'm almost there, and have been having this exact same thought.  I could stay at my acceptably tolerable job.  It's a predictable pathway, with work I know I can do in exchange for very predictable amounts of money.

But I've been doing it for a decade now, and the idea of another decade (or two!) in the same beige cubicle, staring at the same screens day after day, just feels like capitulation.  Like accepting defeat.  Like admitting that my life will never amount to anything better than this very moment, and it's all down hill from here on. 

In a way, that makes NOT quitting my job a far scarier prospect than quitting it and plunging into early retirement.  Life is short and the world is big, and there are a thousand opportunities out there just waiting for you, opportunities that you will miss if you take the predictable and safe pathway of "more of the same". 

So the potential downside of staying is clear to me.  And what's the potential upside?  My current job has already made me rich enough, and having two or three time as much money as I do right now isn't really going to change very much about my life, so why would I give away the entire remaining portion of my life for more of the same? 

It does hurt a little bit, to think about the hundreds of dollars per work day that I'll be leaving behind.   But everyone has a price, and I think I've finally reached the point where getting my life back is worth more than more money.

PhilB

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Re: 2018 FIRE cohort
« Reply #1844 on: July 28, 2018, 01:14:16 AM »
It does hurt a little bit, to think about the hundreds of dollars per work day that I'll be leaving behind.   But everyone has a price, and I think I've finally reached the point where getting my life back is worth more than more money.
Amen to that.  I'm currently on the last ever holiday where I will have to work right up to my departure date and have to frantically pack before leaving.  I do NOT want to do that ever again.  Nor do I ever again want to give up half a day of my holiday whilst away to deal with a work crisis.  Extra money that I probably won't spend anyway doesn't make up for stress and lost time when I could be out in the hills.
On a brighter note, yesterday was a pretty perfect day, swimming in waterfalls in Swaledale with my wife and kids.  I want more days like that, not sitting in front of a computer.  The fact my stash hit a new all time high was a definite bonus!

chasesfish

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Re: 2018 FIRE cohort
« Reply #1845 on: July 28, 2018, 11:17:54 AM »
Also, we are spending much less than we planned, we havent even spent the cash we set aside for living this year, much less our investments.  No commute cost, cooking 95%+ of our own meals, ....and happy hour deals when we do go out.  Planning to ditch a car.  Retirement with a low consumption lifestyle rocks, is healthy, reduces our carbon footprint, etc.

I want to be like PizzaSteve when I grow up.

Congrats, especially to someone who's been posting around here longer than I have.  So close!

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Re: 2018 FIRE cohort
« Reply #1846 on: July 28, 2018, 02:16:46 PM »
    Is adding 2% to your stash worth 8 more months at megacorp? We are FI now but another bonus and LTI vesting would be nice. KInda thinking of it, kinda just thinking of turning in my notice ASAP and just retiring.

I'm making almost this exact decision, except it's closer to 5%of stash for me, and 7 months max. I'm really torn.  Even torn on how to go about deciding.

Once you reach "enough" what is $1 more really worth?

There will always be something else you can spend money on if you go get more of it, no matter how much you get.  The key isn't in finally getting enough money to cover desires, the key is recognizing that your desires will never be truly satisfied, and you need to find your "enough" amount and then stick with it.

Lots of people want to keep working because they think they need more money to be happy.  They don't realize that work is what is keeping them from being happy.

You assets, your investments, you house, your possessions, they're all fleeting and temporary.  You don't really own them, not forever, you're just caretaking them until passing them on to someone else, or you're consuming/destroying them so that nobody else can have them.  We don't really ever own anything, except own own choices.  Those define what kind of person you are.  Not what kind of car you drive.

How much money do you need to make the kinds of choices that will make you the kind of person you really want to be?  Is seven more months in your job going to let you make the kinds of choices that will make you the kind of person you really want to be?

That wisdom carries a punch Sol.  Reminds me of when I began reading the MMM blog and was nodding along with each relentless epiphany. 

PizzaSteve

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Re: 2018 FIRE cohort
« Reply #1847 on: July 28, 2018, 03:57:58 PM »
True enough.  Its not all roses though.  Facing oneself and asking how do you want to spend this precious time is a tough ask.  You have the time for all the self improvement you promised yourself.  Mindfullness meditation?  No excuses anymore, get on it and be a better human.  Impatient on the roads?  Why are you really in a hurry?  You have time now....then you have to face that the impatience is within yourself and not in the schedule you needed to keep for work.

It is healthy, but also a challenge.  As Sol points out, a good one.  Moving on to improve oneself instead of focusing on the hamster wheel is what we are signing up for, but happy especially for the parents with kids to mentor too.

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Re: 2018 FIRE cohort
« Reply #1848 on: July 29, 2018, 06:47:43 PM »
    Is adding 2% to your stash worth 8 more months at megacorp? We are FI now but another bonus and LTI vesting would be nice. KInda thinking of it, kinda just thinking of turning in my notice ASAP and just retiring.

I'm making almost this exact decision, except it's closer to 5%of stash for me, and 7 months max. I'm really torn.  Even torn on how to go about deciding.

Once you reach "enough" what is $1 more really worth?

There will always be something else you can spend money on if you go get more of it, no matter how much you get.  The key isn't in finally getting enough money to cover desires, the key is recognizing that your desires will never be truly satisfied, and you need to find your "enough" amount and then stick with it.

Lots of people want to keep working because they think they need more money to be happy.  They don't realize that work is what is keeping them from being happy.

You assets, your investments, you house, your possessions, they're all fleeting and temporary.  You don't really own them, not forever, you're just caretaking them until passing them on to someone else, or you're consuming/destroying them so that nobody else can have them.  We don't really ever own anything, except own own choices.  Those define what kind of person you are.  Not what kind of car you drive.

How much money do you need to make the kinds of choices that will make you the kind of person you really want to be?  Is seven more months in your job going to let you make the kinds of choices that will make you the kind of person you really want to be?

That wisdom carries a punch Sol.  Reminds me of when I began reading the MMM blog and was nodding along with each relentless epiphany.

I think one of the things that happens is saving enough to fire has a lot of delayed gratification, i.e, "I won't buy this because I want the money to go towards early retirement." But then when you get there, it's difficult to turn off the delay cycle, "well, if I work for one more week/month/year, I can do x, y, or z."

EnjoyIt

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Re: 2018 FIRE cohort
« Reply #1849 on: July 29, 2018, 10:16:24 PM »
    Is adding 2% to your stash worth 8 more months at megacorp? We are FI now but another bonus and LTI vesting would be nice. KInda thinking of it, kinda just thinking of turning in my notice ASAP and just retiring.

I'm making almost this exact decision, except it's closer to 5%of stash for me, and 7 months max. I'm really torn.  Even torn on how to go about deciding.

Once you reach "enough" what is $1 more really worth?


Sol,
I have been thinking about this line for several days because on the face of it, it holds 100% accuracy.  $1 more than what you need is useless.  But, how much does one need?  Sure ~4% of expenses is what we try to do around here and this is not a discussion of SWR because it has been discussed ad nauseam.  But what is enough is a much better question?  How do we know that 5,10, 20 years from now we won't need or want more?  Personally I have struggled with "enough" because I am not 100% sure what that is.  It gets even harder predicting enough when we consider what that will be 20 years from now on top of the extra free time we will have once retired.  This is just one more reason for us to go part time and get a our toes wet before we dive right in.