Author Topic: 2019 fire cohort  (Read 189470 times)

Nords

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Re: 2019 fire cohort
« Reply #1300 on: October 28, 2018, 10:36:58 AM »

The severance is for three months' pay, not as high as what some people get when laid off, but since I had not expected anything this is a very unexpected gift they are offering.  I need the boss's support to get severance (because I'm turning down an offered role at the same pay level), but he is freely offering said support.   I'm having some mild moral qualms about this.  It feels undeserved . . . and yet it's apparently being offered up to me on a plate, so a large part of me thinks I'd be a fool to turn it down.   

Anyway, that's the Mustachian People Problem (MPP) I'm having right now. It's a very good problem to have.   

The next step is that I meet directly with Megacorp management next week.  Hopefully they do not like me so much that they offer me a better job than the first one, haha.  That would put the kibosh on any severance.   But whatever.   Soon I'm gone baby, gone . . . .   :)
This is why employees give the minimum required notice when they're leaving.

Years ago a member of Early-Retirement.org was planning his exit from his MegaCorp.  He extensively discussed all of the factors on E-R.org and decided to give just the minimum required two weeks' notice.  The day before his big announcement, his boss called him in (along with many others) to announce a mass layoff.

He left with a large severance package and was even told to keep the company laptop.  His boss didn't really care about the employee's situation because the boss had another dozen people to lay off.  The company clearly didn't care about any of the dozens of people it laid off.  Everyone was in survival mode and not interested in hearing about financial independence.

If your boss really felt that you were worth keeping at your company as it's subsumed by Megacorp, then they would have done a better job of defending your value to the acquiring staff.  Your boss could at least have described how valiantly they stuck up for you and what reasons went into the battle to retain you.  Upon learning that you wouldn't be happy, they could've even discussed other options with HR or tried to find you another role at the company.  Instead, as soon as you say you wouldn't be happy, your boss brings up the severance package.

That's a pretty strong signal on your future with the new company, and any qualms you may feel are certainly not being reciprocated by Megacorp.

You could tell your boss that you'd hoped for more career support and say that now you expect them to offer more "support" in the severance discussion.  If they want a smooth, quiet exit from you then they should be willing to pay you for it...

lhamo

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Re: 2019 fire cohort
« Reply #1301 on: October 28, 2018, 11:49:35 AM »
Where is your stash on the comfort scale -- are you at lean FIRE, normal FIRE or fat FIRE levels?  If leaning toward lean, then working for another 12 months in a less stressful position is a good way to pad things out, especially if the market downturn continues (since you will be able to buy in to the market at lower cost).

However, it is important to recognize that with the 3 months severance on the table, the difference in earnings would mean the equivalent of a SUBSTANTIAL salary cut.  Say you currently earn 10 k a month.  Taking the severance means you get 30k + all your time.  Declining the severance means you have to work an extra 12 months for only 90k more in income. 

Linda_Norway

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Re: 2019 fire cohort
« Reply #1302 on: October 28, 2018, 02:12:44 PM »
It seems that DH is now in the mood the FIRE from his job no matter what, while I still want the security of selling the house for the expected price. I guess we will know after spring 2019 when/if we sell the house. And we won't quit both our jobs completely before we at least have a good plan that we both agree on. But I see it as an option that DH starts consulting before I FIRE. And that my FIRE perhaps moved to 2020.

We are in much the same boat.

We donít plan to sell for a few years, but house prices are dropping it does create a lot of uncertainty about what we will actually get when we finally sell. It a bit of a headache. Things would be far simpler if we sold before FIRE but DW is not ready to close the door on Sydney just now.

We are still of the mind to cross our fingers and toes and to leap into the unknown. I hope our leap doesnít end in a splat.


That is a hard one with the house being such a large investment.  :(.  Uncertainty really makes the short term part of long term planning difficult.

If you know you want to sell, would it be worth it to sell now, then rent where you need to be.  That way you know how big the stache is before going into retirement?  It will involve moving more than once, but it could be a lower price to pay to know where you stand.  Assuming this isn't timing the market with real estate....

LV

Our house won't sell in the winter half year. The roads to it are extremely steep and every car without 4x4 risks getting stuck in the snow. We will have to wait until the road is clean after the winter. Somewhere in April normally.

Loren Ver

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Re: 2019 fire cohort
« Reply #1303 on: October 28, 2018, 05:32:15 PM »
I haven't posted much lately, as there have been new developments at work and I am mentally chewing through them and trying to process/plan.

My company is currently being bought by Megacorp, and the next steps in the acquisition are slowly becoming clear.  Last week my boss formally spoke with me about what my role may be after the takeover.  (Now, I haven't let on a hint of my FIRE plans to anyone at work, so as far as they know I'm in the same boat as everyone else -- needing a job and desperate for news of what's going to happen.)  So the role being offered to me is a substantial step down in responsibilities, but my current pay level is guaranteed for one year "while everything shakes out."  So I truthfully reply to my boss that the new role is a substantial step down, and I would not be happy with those reduced responsibilities.  And my boss says "I understand that, and if I can't persuade you to take it, then I will support you in getting a severance package." 

The severance is for three months' pay, not as high as what some people get when laid off, but since I had not expected anything this is a very unexpected gift they are offering.  I need the boss's support to get severance (because I'm turning down an offered role at the same pay level), but he is freely offering said support.   I'm having some mild moral qualms about this.  It feels undeserved . . . and yet it's apparently being offered up to me on a plate, so a large part of me thinks I'd be a fool to turn it down.   

Anyway, that's the Mustachian People Problem (MPP) I'm having right now. It's a very good problem to have.   

The next step is that I meet directly with Megacorp management next week.  Hopefully they do not like me so much that they offer me a better job than the first one, haha.  That would put the kibosh on any severance.   But whatever.   Soon I'm gone baby, gone . . . .   :)

That sounds like what you were waiting for, sorta.  Do you have a timeline on when this will happen.  I know you have been moonlighting on the 2018 thread so this may all play out really well for you.

LV

Trifele

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Re: 2019 fire cohort
« Reply #1304 on: October 29, 2018, 05:38:37 AM »
I haven't posted much lately, as there have been new developments at work and I am mentally chewing through them and trying to process/plan.

. . . .

But whatever.   Soon I'm gone baby, gone . . . .   :)

That sounds like what you were waiting for, sorta.  Do you have a timeline on when this will happen.  I know you have been moonlighting on the 2018 thread so this may all play out really well for you.

LV

Yeah you nailed it @Loren Ver -- I'm gone very soon no matter what, so this is all an amusing sideshow/potential extra cash.  When the acquisition was announced many months ago I thought "wow, what are the odds this could play to my favor?" 

Thanks for your thoughtful reply @Nords -- you are absolutely right, though I hadn't thought of it that way.  This illustrates a very good reason to only give the minimum notice.  And yes -- their actions are sending a strong signal about my situation.  I think my boss will be relieved to help me get the severance, honestly.  He has more employees than he has future slots, so someone has to go . . . And he's a decent person, so he doesn't enjoy laying people off. 

@lhamo -- My situation is skinny/lean FIRE -- I'm at about 22X, but have some safety cushions with a side gig and an at-home spouse that's going mildly stir crazy and wants to re-enter the workforce.   I am not even tempted by the year-long Megacorp reprieve with the guaranteed salary.  The time is worth far, far more to me right now than the money, and soon I will be gone.   But to your point -- yes, if I was more worried about finances, or if I wanted to look for another job, I would stick around for a bit and take advantage of the year guaranteed salary.  That's what almost all my coworkers are doing.

MaybeBabyMustache

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Re: 2019 fire cohort
« Reply #1305 on: October 29, 2018, 09:36:04 AM »
Sounds like it could be a huge win for you @Trifele ! Fingers crossed :-)

dude

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Re: 2019 fire cohort
« Reply #1306 on: October 29, 2018, 12:41:34 PM »
Hmm, so I'm down to 189 calendar days. So I did a calculation, subtracting weekends, holidays, and all my available vacation and sick time between now and May 7, and I found out I have a whopping 71 more work days until I gain my freedom. Only 71 more times that I'll have to show my face in this place. Oh man, did that give me new perspective!

MissNancyPryor

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Re: 2019 fire cohort
« Reply #1307 on: October 29, 2018, 04:53:46 PM »
Hmm, so I'm down to 189 calendar days. So I did a calculation, subtracting weekends, holidays, and all my available vacation and sick time between now and May 7, and I found out I have a whopping 71 more work days until I gain my freedom. Only 71 more times that I'll have to show my face in this place. Oh man, did that give me new perspective!

Cool thing to do is to look at what you were doing 189 days ago.  Does that seem very long ago?  April sometime?  Well, that is all the amount of time you have to wait!  I have been doing that backward look thing for a long time and it definitely helps me get perspective. 

chasesfish

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Re: 2019 fire cohort
« Reply #1308 on: October 29, 2018, 06:30:00 PM »
Hmm, so I'm down to 189 calendar days. So I did a calculation, subtracting weekends, holidays, and all my available vacation and sick time between now and May 7, and I found out I have a whopping 71 more work days until I gain my freedom. Only 71 more times that I'll have to show my face in this place. Oh man, did that give me new perspective!


Woohoo!!  I was running the same math today, 86 more times as of this evening I have to drive to work before the notice drops.  They'll likely exit me the day I quit so thats my number.

I'm trying to get my total number of pullups in a gym session up to the number of days remaining at work.  The gap was 51 today

MaybeBabyMustache

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Re: 2019 fire cohort
« Reply #1309 on: October 29, 2018, 07:06:04 PM »
I'm at 43 days (working days only). I took it a step further, and estimated that I do 6 meetings/day (I LOATHE meetings) & have a meetings left to go countdown going. Currently, around 257. Still seems like a lot. But, when I started the meeting countdown, I was at 500 or something, so progress is being made!

DreamFIRE

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Re: 2019 fire cohort
« Reply #1310 on: October 29, 2018, 08:28:10 PM »

Unless I end up doing OMY or PT, I'm just over 7 months from FIRE, but I'm in no hurry for those months to go by.  Time goes too fast as it is, so I'll take it as it comes.  I like my job pretty well and have a nice work environment.  I don't like meetings, but I only have one or two per week.

SpreadsheetMan

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Re: 2019 fire cohort
« Reply #1311 on: October 30, 2018, 04:40:03 AM »
I've just OMY'd by dropping to part-time in Oct19 for another year to Oct20.

I thought it was a bit smarter to remain employed and salaried for another year in the mad-max wasteland that will be post-brexit UK. Oct 19 was a bit close to the Mar19 detonation for comfort, but martial law and the aid convoys should be properly established by Oct20. (I hope I am joking...)

Trifele

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Re: 2019 fire cohort
« Reply #1312 on: October 30, 2018, 05:11:48 AM »
Sad to see you "go" @SpreadsheetMan -- and I'm sure the post-Brexit situation won't be that bad.  Best of luck! 

01/01/19     MoneyStacher  (50)         OLY -- CONFIRMED 2018
01/31/19     PhilB  (52)                      OLY -- CONFIRMED 10/24/18
02/01/19     Trifele (51)
02/01/19     Cycling Stache (44)
02/08/19     Socmonkey (37)
02/15/19     sui generis  (41)              OLY -- CONFIRMED 8/17/18.
02/25/19     MaybeBabyMustache
02/??/19     zinnie  (35)
03/15/19     exit2019  (40)
03/19/19     ChasesFish
03/??/19     MissNancyPryor  (50)     
03/??/19     Roboturner  (30)
03/??/19     Edgema
03/29/19     JumboShrimp
03/31/19     TartanTallulah  (55)          OLY -- Planning 10/31/2018.   
03/31/19     BlindSquirrel
04/01/19     HalfStached  (41)
04/01/19     Gerardc  (35)
04/01/19     JoJo (45)
04/19/19     Eric
04/23/19     Canadian Ben (29)
04/??/19     Luck12  (41)
05/01/19     Albireo13  (61)
05/??/19     cerat0n1a                         OLY -- CONFIRMED 2018                           
05/??/19     SamIAm38  (29)
05/??/19     FIRE 20/20  (42)
05/14/19     Mr. Ver (40)
05/17/19     Loren Ver (37)
05/31/19     Pylortes  (42)
05/31/19     Odiedog8590  (62)
05/31/19     Livingthedream55  (59)
05/31/19     dude   
06/01/19     Prairie Stash
06/06/19     Bognish (44)
06/07/19     DreamFire
06/21/19     Parizade  (62)
06/22/19     Waffles  (52)
06/??/19     Oldtoyota
06/??/19     Itchyfeet  (47)
06/??/19     Bateaux  (50)
06/??/19     CryingInThePool  (44)
07/??/19     powersuitrecall  (47)
07/??/19     Enigma  (39)
07/??/19     Thedividebyzero  (45)
07/01/19     Freedomin5 (38)
07/03/19     Gerard
07/03/19     Miss Piggy
08/19/18     Chairman                         OLY -- CONFIRMED 2018
09/02/19     Cornbread OMalley  (42)  CONFIRMED
09/??/19     RetirementDreaming
10/01/19     2Birds1Stone  (32)
10/??/19     Linda_Norway
10/??/19     VoteCthulu  (39)
10/??/19     Trix76  (43)
10/??/19     MoMan  (55)
10/??/19     Dreamer
12/??/19     markbike528cbx  (55)        OLY -- CONFIRMED 6/1/18; checking in as OP
12/??/19     HBFI  (38)
12/??/19     luckyme13  (45)
12/27/19     moxie
12/31/19     texxan1  (47)

2019 Cohort with date TBD:
Lowerbills (40)
getoutsoon (52)
Elaine amj (40)
IPlawyer

OMY/2MY/Etc:
SpreadsheetMan

dude

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Re: 2019 fire cohort
« Reply #1313 on: October 30, 2018, 11:42:13 AM »
Hmm, so I'm down to 189 calendar days. So I did a calculation, subtracting weekends, holidays, and all my available vacation and sick time between now and May 7, and I found out I have a whopping 71 more work days until I gain my freedom. Only 71 more times that I'll have to show my face in this place. Oh man, did that give me new perspective!

Cool thing to do is to look at what you were doing 189 days ago.  Does that seem very long ago?  April sometime?  Well, that is all the amount of time you have to wait!  I have been doing that backward look thing for a long time and it definitely helps me get perspective.

Back in April I was on crutches for 5 weeks, so I'd prefer not to look back! hahaha! But really, for some reason, the past always seems more distant than the future to me. I've always been one to plan several big adventure trips a year, and the looking forward and preparing physically for them has always made the time go by fast. And that's how I'm looking at FIRE. I'm planning to try to get in my best climbing shape for a big road trip that summer, so hopefully the time will fly by.

waffles

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Re: 2019 fire cohort
« Reply #1314 on: October 30, 2018, 07:34:43 PM »
I had a random day off today so I don't carry over too many annual leave hours into next year. Going to the grocery store, an appointment at the veterinarian and other chores kept me hustling all day! I am actually kind of grumpy that my day off was so busy. Looking forward to next year when work won't interfere with the rest of my life.

Cornbread OMalley

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Re: 2019 fire cohort
« Reply #1315 on: October 30, 2018, 09:15:48 PM »
Anybody know what SIRE is?  As in SIRE vs FIRE.  I know what FIRE is but stumbled on the term "SIRE" today and can find no info on it.

CoffeeR

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Re: 2019 fire cohort
« Reply #1316 on: October 31, 2018, 06:14:56 AM »
Anybody know what SIRE is?  As in SIRE vs FIRE.  I know what FIRE is but stumbled on the term "SIRE" today and can find no info on it.
Probably this:
Quote
SIRE income sources - Soc Security (or other country equiv), pensions, annuities, inheritance
FIRE income sources - personal nest egg/portfolio, RMDs, business/rental income, sale of property (e.g. real estate investment property), part time work.

dude

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Re: 2019 fire cohort
« Reply #1317 on: October 31, 2018, 08:19:13 AM »
Anybody know what SIRE is?  As in SIRE vs FIRE.  I know what FIRE is but stumbled on the term "SIRE" today and can find no info on it.
Probably this:
Quote
SIRE income sources - Soc Security (or other country equiv), pensions, annuities, inheritance
FIRE income sources - personal nest egg/portfolio, RMDs, business/rental income, sale of property (e.g. real estate investment property), part time work.

But what's the acronym stand for? I assumed the "IRE" part is the same, but what's the "S"?

CoffeeR

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Re: 2019 fire cohort
« Reply #1318 on: October 31, 2018, 08:48:16 AM »
But what's the acronym stand for? I assumed the "IRE" part is the same, but what's the "S"?
SIRE - Secure Income, Retired Early

dude

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Re: 2019 fire cohort
« Reply #1319 on: October 31, 2018, 12:15:38 PM »
Thanks, that makes a lot of sense! I am definitely in the SIRE category (Fed LEO pension + TSP + SS).

lhamo

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Re: 2019 fire cohort
« Reply #1320 on: October 31, 2018, 12:40:43 PM »
Am I the only one who thinks it is a bit silly to invent a new acronym?  Those who have a steady income via SS, pension, annuity or inheritance are just as FI as anybody else.

I mean, there are all kinds of ways you could split it up if you want to go acronym crazy, e.g.:

WTYTHFIRE:  Worked Ten Years To Hit FIRE
WFYASBFIRE:  Worked Five Years And Sold Business FIRE
WTLFIRE: Won the Lottery FIRE

Etc. ad nauseum.

CoffeeR

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Re: 2019 fire cohort
« Reply #1321 on: October 31, 2018, 12:47:03 PM »
Am I the only one who thinks it is a bit silly to invent a new acronym?  Those who have a steady income via SS, pension, annuity or inheritance are just as FI as anybody else.

Not disputing you here. It's a real alphabet soup! Here are the more common ones:

http://www.early-retirement.org/forums/f47/acronyms-and-slang-frequently-used-on-the-forum-34884.html

Note that the acronym SIRE dates to at least 2006.

Loren Ver

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Re: 2019 fire cohort
« Reply #1322 on: October 31, 2018, 02:53:54 PM »
But but but... without a specific acronym how will I feel extra special??

Eric

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Re: 2019 fire cohort
« Reply #1323 on: October 31, 2018, 04:16:07 PM »
You guys inspired me to count my remaining working days.  After today, I'm at 102 remaining.  It seems like so many and so few at the same time.  lol

Livingthedream55

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Re: 2019 fire cohort
« Reply #1324 on: November 02, 2018, 08:30:36 AM »
You guys inspired me to count my remaining working days.  After today, I'm at 102 remaining.  It seems like so many and so few at the same time.  lol

140 work days to go - doing a Happy Dance!!

Freedomin5

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Re: 2019 fire cohort
« Reply #1325 on: November 04, 2018, 06:01:24 AM »
But but but... without a specific acronym how will I feel extra special??

@Loren Ver How about LVIAESSFIRE - Loren Ver Is An Extra Special Snowflake FIRE? :)

PowerStache

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Re: 2019 fire cohort
« Reply #1326 on: November 04, 2018, 04:15:27 PM »
Hello, class of 2019.  Long time forum lurker, new to posting! 

I am 43 and announcing April 2019 as my RE date.

Been working at the same "organization" for 25 years.  Organization is in quotes because the company has been bought, sold and merged many times.  I like my co-workers and my boss so there is not a toxic atmosphere. I just see that our industry's profit margin gets squeezed and as a manager, it exhausts me to constantly say, "No, we can't afford that." "Maybe next year" or the worst..."here's your pink slip".

I have a DH, two wonderful sons, and aging parents/inlaws that I want to be focused on.  I want my mental and physical health back.

The plan is for DH to continue with his job where he enjoys health benefits and working from home two days a week.  Most calculators say we could both FIRE now, but I am hanging on for a significant bonus expected by April next year.

I have a countdown app on my phone...about 180 days!


Linda_Norway

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Re: 2019 fire cohort
« Reply #1327 on: November 05, 2018, 01:16:51 AM »
Hello, class of 2019.  Long time forum lurker, new to posting! 

I am 43 and announcing April 2019 as my RE date.

Been working at the same "organization" for 25 years.  Organization is in quotes because the company has been bought, sold and merged many times.  I like my co-workers and my boss so there is not a toxic atmosphere. I just see that our industry's profit margin gets squeezed and as a manager, it exhausts me to constantly say, "No, we can't afford that." "Maybe next year" or the worst..."here's your pink slip".

I have a DH, two wonderful sons, and aging parents/inlaws that I want to be focused on.  I want my mental and physical health back.

The plan is for DH to continue with his job where he enjoys health benefits and working from home two days a week.  Most calculators say we could both FIRE now, but I am hanging on for a significant bonus expected by April next year.

I have a countdown app on my phone...about 180 days!

Welcome to the forum and to this thread.

Linda_Norway

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Re: 2019 fire cohort
« Reply #1328 on: November 05, 2018, 01:22:30 AM »
I really need to stop working soon. Recently I had a health check at work where it was discovered that I have very high blood pressure. This is after I downshifting to working 80% from September. I feel so much less stress than last year (from autumn 2017 to summer 2018). And still my blood pressure is so high. I am going to check it out with my GP next week. Maybe I'll get a machine that measures blood pressure for 24 hours. I am convinced that FIRE would be much better for my health.
« Last Edit: November 05, 2018, 01:25:03 AM by Linda_Norway »

cerat0n1a

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Re: 2019 fire cohort
« Reply #1329 on: November 05, 2018, 03:14:08 AM »
I really need to stop working soon. Recently I had a health check at work where it was discovered that I have very high blood pressure. This is after I downshifting to working 80% from September. I feel so much less stress than last year (from autumn 2017 to summer 2018). And still my blood pressure is so high. I am going to check it out with my GP next week. Maybe I'll get a machine that measures blood pressure for 24 hours. I am convinced that FIRE would be much better for my health.

The evidence linking chronic high blood pressure to stress is pretty weak/non-existent.  It feels like there should be a link, but several studies seem to show there isn't one. Home blood pressure monitor is quite useful/interesting though. I would never have guessed that licorice raises my blood pressure by so much, for example.
« Last Edit: November 05, 2018, 05:01:30 AM by cerat0n1a »

Linda_Norway

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Re: 2019 fire cohort
« Reply #1330 on: November 05, 2018, 04:17:37 AM »
I really need to stop working soon. Recently I had a health check at work where it was discovered that I have very high blood pressure. This is after I downshifting to working 80% from September. I feel so much less stress than last year (from autumn 2017 to summer 2018). And still my blood pressure is so high. I am going to check it out with my GP next week. Maybe I'll get a machine that measures blood pressure for 24 hours. I am convinced that FIRE would be much better for my health.

The evidence linking chronic high blood pressure to stress is pretty weak/non-existent.  It feels like there should be a link, but several studies seem to sure there isn't one. Home blood pressure monitor is quite useful/interesting though. I would never have guessed that licorice raises my blood pressure by so much, for example.

I had been eating licorice the day before... Let's hope it was only that.
But I do feel stressed and anxious about a lot of things most of the time. For example today at work, where I have responsibility for so many problems that I cannot solve myself. Technical limitations, depending on colleagues who are difficult to reach, depending on a supplier that had several weeks delay. I was pretty relaxed at the start of the day, but my anxiety and feelings of being inadequate are really high now.

Loren Ver

  • Bristles
  • ***
  • Posts: 291
  • Location: Indianapolis IN
Re: 2019 fire cohort
« Reply #1331 on: November 05, 2018, 04:53:34 AM »
But but but... without a specific acronym how will I feel extra special??

@Loren Ver How about LVIAESSFIRE - Loren Ver Is An Extra Special Snowflake FIRE? :)

It just rolls off the tongue!  I also really like snow.  AND I really am extra special - in so many ways ;D.

Hello, class of 2019.  Long time forum lurker, new to posting! 

I am 43 and announcing April 2019 as my RE date.
...snip...


Welcome to the smartest, most extra special, humble cohort.  Happy to have you!!  You are SOOO close!

I really need to stop working soon. Recently I had a health check at work where it was discovered that I have very high blood pressure. This is after I downshifting to working 80% from September. I feel so much less stress than last year (from autumn 2017 to summer 2018). And still my blood pressure is so high. I am going to check it out with my GP next week. Maybe I'll get a machine that measures blood pressure for 24 hours. I am convinced that FIRE would be much better for my health.

I'm sorry about the troubles Linda, this is not good.  Hopefully your GP will have some good advice morning forward so that you can start fixing it now and not needed to wait until FIRE.

LV


Trifele

  • Handlebar Stache
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  • Posts: 1613
  • Location: US
Re: 2019 fire cohort
« Reply #1332 on: November 05, 2018, 05:10:19 AM »
I really need to stop working soon. Recently I had a health check at work where it was discovered that I have very high blood pressure. This is after I downshifting to working 80% from September. I feel so much less stress than last year (from autumn 2017 to summer 2018). And still my blood pressure is so high. I am going to check it out with my GP next week. Maybe I'll get a machine that measures blood pressure for 24 hours. I am convinced that FIRE would be much better for my health.

The evidence linking chronic high blood pressure to stress is pretty weak/non-existent.  It feels like there should be a link, but several studies seem to sure there isn't one. Home blood pressure monitor is quite useful/interesting though. I would never have guessed that licorice raises my blood pressure by so much, for example.

I had been eating licorice the day before... Let's hope it was only that.
But I do feel stressed and anxious about a lot of things most of the time. For example today at work, where I have responsibility for so many problems that I cannot solve myself. Technical limitations, depending on colleagues who are difficult to reach, depending on a supplier that had several weeks delay. I was pretty relaxed at the start of the day, but my anxiety and feelings of being inadequate are really high now.

Hope you feel better and figure out the blood pressure issue soon, Linda.  Sending positive thoughts your way! 

Trifele

  • Handlebar Stache
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  • Posts: 1613
  • Location: US
Re: 2019 fire cohort
« Reply #1333 on: November 05, 2018, 05:26:25 AM »
Welcome aboard @PowerStache!  Got you added.   And a little birdie told me that @Fresh Bread may be joining us soon here too, OMYing from the 2018 cohort . . . ?

In honor of us coming down the home stretch to 2019, I reorganized the roster a bit to clean it up.  OLYers are in their own category now, many congrats. 

So proud of everyone!  2019 will be here before we know it!

02/01/19     Cycling Stache (44)
02/01/19     Trifele (51)
02/08/19     Socmonkey (37)
02/25/19     MaybeBabyMustache
02/??/19     zinnie  (35)
03/15/19     exit2019  (40)
03/19/19     ChasesFish
03/??/19     MissNancyPryor  (50)     
03/??/19     Roboturner  (30)
03/??/19     Edgema
03/29/19     JumboShrimp
03/31/19     BlindSquirrel
04/01/19     HalfStached  (41)
04/01/19     Gerardc  (35)
04/01/19     JoJo (45)
04/19/19     Eric
04/23/19     Canadian Ben (29)
04/??/19     Luck12  (41)
04/??/19     PowerStache (43)
05/01/19     Albireo13  (61)                   
05/??/19     SamIAm38  (29)
05/??/19     FIRE 20/20  (42)
05/14/19     Mr. Ver (40)
05/17/19     Loren Ver (37)
05/31/19     Pylortes  (42)
05/31/19     Odiedog8590  (62)
05/31/19     Livingthedream55  (59)
05/31/19     dude   
06/01/19     Prairie Stash
06/06/19     Bognish (44)
06/07/19     DreamFire
06/21/19     Parizade  (62)
06/22/19     Waffles  (52)
06/??/19     Oldtoyota
06/??/19     Itchyfeet  (47)
06/??/19     Bateaux  (50)
06/??/19     CryingInThePool  (44)
07/??/19     powersuitrecall  (47)
07/??/19     Enigma  (39)
07/??/19     Thedividebyzero  (45)
07/01/19     Freedomin5 (38)
07/03/19     Gerard
07/03/19     Miss Piggy
09/02/19     Cornbread OMalley  (42)  Date CONFIRMED
09/??/19     RetirementDreaming
10/01/19     2Birds1Stone  (32)
10/??/19     Linda_Norway
10/??/19     VoteCthulu  (39)
10/??/19     Trix76  (43)
10/??/19     MoMan  (55)
10/??/19     Dreamer
12/??/19     HBFI  (38)
12/??/19     luckyme13  (45)
12/27/19     moxie
12/31/19     texxan1  (47)

2019 Cohort with date TBD:
Lowerbills (40)
getoutsoon (52)
Elaine amj (40)
IPlawyer

OLY FIRE-ees:
markbike528cbx  (55)      OLY -- CONFIRMED 6/1/18; checking in as OP
MoneyStacher  (50)         OLY -- CONFIRMED 2018
PhilB  (52)                      OLY -- CONFIRMED 10/24/18
sui generis  (41)              OLY -- CONFIRMED 8/17/18
TartanTallulah  (55)          OLY -- CONFIRMED 10/2018
cerat0n1a                       OLY -- CONFIRMED 2018 
Chairman                        OLY -- CONFIRMED 2018

OMY/2MY/Etc:
SpreadsheetMan

Loren Ver

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  • Posts: 291
  • Location: Indianapolis IN
Re: 2019 fire cohort
« Reply #1334 on: November 05, 2018, 11:38:04 AM »
Welcome aboard @PowerStache!  Got you added.   And a little birdie told me that @Fresh Bread may be joining us soon here too, OMYing from the 2018 cohort . . . ?

In honor of us coming down the home stretch to 2019, I reorganized the roster a bit to clean it up.  OLYers are in their own category now, many congrats. 

So proud of everyone!  2019 will be here before we know it!

02/01/19     Cycling Stache (44)
02/01/19     Trifele (51)
02/08/19     Socmonkey (37)
02/25/19     MaybeBabyMustache
02/??/19     zinnie  (35)
03/15/19     exit2019  (40)
03/19/19     ChasesFish
03/??/19     MissNancyPryor  (50)     
03/??/19     Roboturner  (30)
03/??/19     Edgema
03/29/19     JumboShrimp
03/31/19     BlindSquirrel
04/01/19     HalfStached  (41)
04/01/19     Gerardc  (35)
04/01/19     JoJo (45)
04/19/19     Eric
04/23/19     Canadian Ben (29)
04/??/19     Luck12  (41)
04/??/19     PowerStache (43)
05/01/19     Albireo13  (61)                   
05/??/19     SamIAm38  (29)
05/??/19     FIRE 20/20  (42)
05/14/19     Mr. Ver (40)
05/17/19     Loren Ver (37)
05/31/19     Pylortes  (42)
05/31/19     Odiedog8590  (62)
05/31/19     Livingthedream55  (59)
05/31/19     dude   
06/01/19     Prairie Stash
06/06/19     Bognish (44)
06/07/19     DreamFire
06/21/19     Parizade  (62)
06/22/19     Waffles  (52)
06/??/19     Oldtoyota
06/??/19     Itchyfeet  (47)
06/??/19     Bateaux  (50)
06/??/19     CryingInThePool  (44)
07/??/19     powersuitrecall  (47)
07/??/19     Enigma  (39)
07/??/19     Thedividebyzero  (45)
07/01/19     Freedomin5 (38)
07/03/19     Gerard
07/03/19     Miss Piggy
09/02/19     Cornbread OMalley  (42)  Date CONFIRMED
09/??/19     RetirementDreaming
10/01/19     2Birds1Stone  (32)
10/??/19     Linda_Norway
10/??/19     VoteCthulu  (39)
10/??/19     Trix76  (43)
10/??/19     MoMan  (55)
10/??/19     Dreamer
12/??/19     HBFI  (38)
12/??/19     luckyme13  (45)
12/27/19     moxie
12/31/19     texxan1  (47)

2019 Cohort with date TBD:
Lowerbills (40)
getoutsoon (52)
Elaine amj (40)
IPlawyer

OLY FIRE-ees:
markbike528cbx  (55)      OLY -- CONFIRMED 6/1/18; checking in as OP
MoneyStacher  (50)         OLY -- CONFIRMED 2018
PhilB  (52)                      OLY -- CONFIRMED 10/24/18
sui generis  (41)              OLY -- CONFIRMED 8/17/18
TartanTallulah  (55)          OLY -- CONFIRMED 10/2018
cerat0n1a                       OLY -- CONFIRMED 2018 
Chairman                        OLY -- CONFIRMED 2018

OMY/2MY/Etc:
SpreadsheetMan

That is a lovely list!

bognish

  • Bristles
  • ***
  • Posts: 268
Re: 2019 fire cohort
« Reply #1335 on: November 05, 2018, 12:43:38 PM »
Lovely list, but I think I might need to drop off it.
I got laid off last week. I am currently suffering through a 2 week transition period. I am not sure if I will look for another job, look for consulting work, or call it FIRE for now. With my last day of work 6 days before the scheduled opening of the ski area I have a paid season pass to I don't think I will be at risk of being bored this winter.
Without getting too political, I would like to thank Pres Trump for the upcoming free time. I work in a factory that uses a lot of steel and components from China. The parts go into new commercial construction in the US and internationally. With new tariffs increasing our costs 30% and interest rates for our customers construction loans going up new orders have ground to a halt. I am not sure how these policies will bring manufacturing back to America, but there is a good chance I will have plenty of time to contemplate this on the chair lift this winter.

Linda_Norway

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  • Posts: 3685
Re: 2019 fire cohort
« Reply #1336 on: November 06, 2018, 01:26:43 AM »
Lovely list, but I think I might need to drop off it.
I got laid off last week. I am currently suffering through a 2 week transition period. I am not sure if I will look for another job, look for consulting work, or call it FIRE for now. With my last day of work 6 days before the scheduled opening of the ski area I have a paid season pass to I don't think I will be at risk of being bored this winter.
Without getting too political, I would like to thank Pres Trump for the upcoming free time. I work in a factory that uses a lot of steel and components from China. The parts go into new commercial construction in the US and internationally. With new tariffs increasing our costs 30% and interest rates for our customers construction loans going up new orders have ground to a halt. I am not sure how these policies will bring manufacturing back to America, but there is a good chance I will have plenty of time to contemplate this on the chair lift this winter.

Sorry for your situation.
But indeed, maybe being laid off 8 months before your FIRE date is not the worst time. You are most likely in a very good financial situation and can choose to do whatever type of work part time or working as a consultant until you can afford full time FIRE.

Trifele

  • Handlebar Stache
  • *****
  • Posts: 1613
  • Location: US
Re: 2019 fire cohort
« Reply #1337 on: November 06, 2018, 04:56:56 AM »
Lovely list, but I think I might need to drop off it.
I got laid off last week.

Aw @bognish, I'm really sorry to hear this if it interrupts your plans.  Are you sure you are off the list, or still thinking about it?

Loren Ver

  • Bristles
  • ***
  • Posts: 291
  • Location: Indianapolis IN
Re: 2019 fire cohort
« Reply #1338 on: November 06, 2018, 05:09:26 AM »
Lovely list, but I think I might need to drop off it.
I got laid off last week. I am currently suffering through a 2 week transition period. I am not sure if I will look for another job, look for consulting work, or call it FIRE for now. With my last day of work 6 days before the scheduled opening of the ski area I have a paid season pass to I don't think I will be at risk of being bored this winter.
...snip...

That's not so good.  Are you pretty close to your FIRE numbers?  The market has been taking some hits recently. 

chasesfish

  • Magnum Stache
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  • Posts: 2553
  • Age: 36
  • Location: Texas
    • Years in the making, I created a journal!
Re: 2019 fire cohort
« Reply #1339 on: November 06, 2018, 06:10:01 AM »
Lovely list, but I think I might need to drop off it.
I got laid off last week. I am currently suffering through a 2 week transition period. I am not sure if I will look for another job, look for consulting work, or call it FIRE for now. With my last day of work 6 days before the scheduled opening of the ski area I have a paid season pass to I don't think I will be at risk of being bored this winter.
Without getting too political, I would like to thank Pres Trump for the upcoming free time. I work in a factory that uses a lot of steel and components from China. The parts go into new commercial construction in the US and internationally. With new tariffs increasing our costs 30% and interest rates for our customers construction loans going up new orders have ground to a halt. I am not sure how these policies will bring manufacturing back to America, but there is a good chance I will have plenty of time to contemplate this on the chair lift this winter.

I'm sorry to hear about the disruption.  Try to enjoy a ski season off and consider the consulting option if you can pickup the work.

Ryder

  • 5 O'Clock Shadow
  • *
  • Posts: 2
Re: 2019 fire cohort
« Reply #1340 on: November 06, 2018, 09:16:20 AM »
Long-time lurker here :). Been FI for some time now, but now luxuriously so. RE should be April 1st, or May 1st 2019 (39 yo). I have a pretty long notice period in my contract, plus I haven't resigned yet for some good reasons, hence the "faraway" date rather than a 2 week notice. The anticipation is a bit of a sweet torture...

Loren Ver

  • Bristles
  • ***
  • Posts: 291
  • Location: Indianapolis IN
Re: 2019 fire cohort
« Reply #1341 on: November 06, 2018, 11:32:31 AM »
Welcome Ryder!

So I recently celebrated my 10 years with the company.  For my milestone I got to pick two things from the list of goodies.  I went with luggage for both.  It was nicer luggage than I have or would buy myself.  Gotta plan ahead for these things :).

LV

bognish

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  • Posts: 268
Re: 2019 fire cohort
« Reply #1342 on: November 06, 2018, 12:08:08 PM »
My layoff is definitely an unexpected good thing. My current employer has not been a good place for me for at least a year. I was counting down to quit day at the start of my kids school summer break and dreading every moment of work and commute. Thankfully the company ripped the band aid off for me and will pay me a few weeks severance to go away.
Whats next? Based on all the models we have a stash that sould carry us through all but a nuclear war, but claiming FIRE seems to be testing fate. The term retirement has a permanent feeling to it that is intimidating to my wife & I, especially with 2 kids early in elementary school. Sabbatical sounds more temporary and a bit classier. My plan was to take a sabbatical from work next summer, then re-evaluate employment and life every few months. If the stock market keeps going up like 2017 then I could end up FIREd. If we have a few more October 2018 I might run back to work for peace of mind.  I have a pretty desirable and flexible skill set (accounting) and many years of experience. I will probably keep my eye on the job market in case a great job pops up, and I have some contacts with a contract work company.
In short the plan right now is to keep our options open and see what happens. While we wait for that I'll be hiking, mtn biking, maybe some rock climbing, a long list of honey do projects, and hopefully have some time for my community service project in the local mountain backcountry. So as of next Friday I am off the 2019 list and on the 2018 list. If its not snowing much this winter I might have time to check a computer and post an update. Otherwise I'll be skiing!

Loren Ver

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  • Posts: 291
  • Location: Indianapolis IN
Re: 2019 fire cohort
« Reply #1343 on: November 06, 2018, 12:40:09 PM »
Landed on your feet.  Love it!

Trifele

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  • Location: US
Re: 2019 fire cohort
« Reply #1344 on: November 06, 2018, 03:44:16 PM »
Welcome @Ryder!  And goodbye and congrats to @bognish. We lose yet another member to the 2018 cohort . . .

2019 FIRE Cohort:

02/01/19     Cycling Stache (44)
02/01/19     Trifele (51)
02/08/19     Socmonkey (37)
02/25/19     MaybeBabyMustache
02/??/19     zinnie  (35)
03/15/19     exit2019  (40)
03/19/19     ChasesFish
03/??/19     MissNancyPryor  (50)     
03/??/19     Roboturner  (30)
03/??/19     Edgema
03/29/19     JumboShrimp
03/31/19     BlindSquirrel
04/01/19     HalfStached  (41)
04/01/19     Gerardc  (35)
04/01/19     JoJo (45)
04/01/19     Ryder (39)
04/19/19     Eric
04/23/19     Canadian Ben (29)
04/??/19     Luck12  (41)
04/??/19     PowerStache (43)
05/01/19     Albireo13  (61)                   
05/??/19     SamIAm38  (29)
05/??/19     FIRE 20/20  (42)
05/14/19     Mr. Ver (40)
05/17/19     Loren Ver (37)
05/31/19     Pylortes  (42)
05/31/19     Odiedog8590  (62)
05/31/19     Livingthedream55  (59)
05/31/19     dude   
06/01/19     Prairie Stash
06/07/19     DreamFire
06/21/19     Parizade  (62)
06/22/19     Waffles  (52)
06/??/19     Oldtoyota
06/??/19     Itchyfeet  (47)
06/??/19     Bateaux  (50)
06/??/19     CryingInThePool  (44)
07/??/19     powersuitrecall  (47)
07/??/19     Enigma  (39)
07/??/19     Thedividebyzero  (45)
07/01/19     Freedomin5 (38)
07/03/19     Gerard
07/03/19     Miss Piggy
09/02/19     Cornbread OMalley  (42)  Date CONFIRMED
09/??/19     RetirementDreaming
10/01/19     2Birds1Stone  (32)
10/??/19     Linda_Norway
10/??/19     VoteCthulu  (39)
10/??/19     Trix76  (43)
10/??/19     MoMan  (55)
10/??/19     Dreamer
12/??/19     HBFI  (38)
12/??/19     luckyme13  (45)
12/27/19     moxie
12/31/19     texxan1  (47)

2019 Cohort with date TBD:
Lowerbills (40)
getoutsoon (52)
Elaine amj (40)
IPlawyer

OLY FIRE-ees:
markbike528cbx  (55)      OLY -- CONFIRMED 6/1/18; checking in as OP
MoneyStacher  (50)         OLY -- CONFIRMED 2018
PhilB  (52)                      OLY -- CONFIRMED 10/24/18
sui generis  (41)              OLY -- CONFIRMED 8/17/18
TartanTallulah  (55)          OLY -- CONFIRMED 10/2018
cerat0n1a                       OLY -- CONFIRMED 2018 
Chairman                        OLY -- CONFIRMED 2018
Bognish (43)                   OLY -- CONFIRMED 11/16/18 

OMY/2MY/Etc:
SpreadsheetMan
 

Cycling Stache

  • Bristles
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  • Posts: 466
  • Age: 42
Re: 2019 fire cohort
« Reply #1345 on: November 07, 2018, 09:18:33 AM »
I'm a little nervous seeing my name first on the list!

I have to admit that I started to hesitate when I look at my finances and wonder if I really have enough money.  It's not so much the amount as the sense that, from working, way more money comes in than goes out, so it feels like if anything were to happen, I'd be immediately covered.  I kind of got over this by thinking about how much more money would make me feel better.  $100k?  Probably no impact (we dropped $150k last month from investments before some of the recent recovery).  $500k?  Not in any kind of definite sense, and that's 5 more years working.  A million sounds good, but that's another 10 years, and I'm not working 10 more years just to feel a little more secure.

Also, I wonder whether I've worked up a fantasy of early retirement that really isn't any different than the housewife (husband) of yore.  My wife is going to keep working, the kids are in school, and I'm going to be helping around the house.  That's not that original or revolutionary, quite frankly.  But I think I've moved past this one as well on the basis that I simply don't have any interest in the work I'm doing any more, and if being a house husband while potentially discovering other interests (that could, at least potentially, involve work) is not that exciting, it's also more in line with what I want to be doing now.  And I've "earned" the right to do it now.

In any event, on Monday I turned off the auto investing in Vanguard and the auto reinvestment of dividends.  It was the first concrete step to making this happen.

I'm still giving myself the out of seeing if I want to recommit to work after the holiday break, but I know deep down that I don't want to do that.  I've been living my arbitrary OMY, and even that has proven difficult because I know the money I'm making right now doesn't really matter.

Unrelated note: my parents recently gave me a $2,000 gift because they felt they had been too controlling with money when we were younger.  I decided to set it up as a "treating" budget to treat people to lunch, drinks, etc., both because it will increase my number of social outings, which is important to me, and because it is one of the things I don't tend to do--I'm a here's my fair share kind of guy.  What I did find funny about the experience so far is the fallacy of mental accounting that really does affect my thinking.  That $2k has no meaningful impact on my net worth, but it feels amazingly luxurious to just pick up the check and enjoy the feeling of doing so!  Probably I can extend this after the $2k runs out without affecting my costs, given that we're talking a couple drinks or a lunch once or twice a month.  Something I'll consider!

Trifele

  • Handlebar Stache
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  • Posts: 1613
  • Location: US
Re: 2019 fire cohort
« Reply #1346 on: November 07, 2018, 09:29:40 AM »
I'm a little nervous seeing my name first on the list!


I'm right there with you @Cycling Stache with the 2/1/19 date! Haha -- We can hold hands and jump out the plane door together . . .

I like your experiment with the $2000 treating fund.  Nice!

bognish

  • Bristles
  • ***
  • Posts: 268
Re: 2019 fire cohort
« Reply #1347 on: November 07, 2018, 01:33:52 PM »
Since this is where I posted about my termination last week, this is where I'll share this story. The corporate announcement of my departure came out yesterday. Nice and vague that I will be leaving to "pursue other opportunities". So in the lunch room today I got asked where I am going next. 
My response was "Skiing".
Awkward pause and lack of comprehension
"No where is your next position?"
"Chairlift."
"No where are you going to work next."
"Well I have a season pass at Alta, so that is where I will be working on my turns. Enjoy your lunch." mic drop and exit. 7 more days.
I love awkward conversations and relish the long pause.

chasesfish

  • Magnum Stache
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  • Posts: 2553
  • Age: 36
  • Location: Texas
    • Years in the making, I created a journal!
Re: 2019 fire cohort
« Reply #1348 on: November 07, 2018, 03:07:32 PM »
Since this is where I posted about my termination last week, this is where I'll share this story. The corporate announcement of my departure came out yesterday. Nice and vague that I will be leaving to "pursue other opportunities". So in the lunch room today I got asked where I am going next. 
My response was "Skiing".
Awkward pause and lack of comprehension
"No where is your next position?"
"Chairlift."
"No where are you going to work next."
"Well I have a season pass at Alta, so that is where I will be working on my turns. Enjoy your lunch." mic drop and exit. 7 more days.
I love awkward conversations and relish the long pause.

Amazing.  I hope they send out my announcement as pursuing other opportunities.  I'll say climbing a 14er, visiting Australia

FIRE 20/20

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Re: 2019 fire cohort
« Reply #1349 on: November 07, 2018, 08:21:34 PM »
I'm a little nervous seeing my name first on the list!

I have to admit that I started to hesitate when I look at my finances and wonder if I really have enough money. 

I have had persistent doubts ever since I posted my date here and started talking about it with a small group of family and friends.  This despite the fact that I have backup plan on top of backup plan.  I wish I had advice to help you through this, but the best I can do is commiserate. 

I do have one question for you; when you think about it logically do you see a reason for worry?  Or when you look at it logically are you able to see that there really is no reason at all to worry?  It's one thing to have an irrational fear that you know is an irrational fear, and it's another to know that you're going to FIRE with little in the way of back-up plans and ways to handle a downturn.  In the first case you just need to work through the fear, in the other you might need to replan.