Author Topic: 2020 FIRE Cohort  (Read 428469 times)

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1250 on: January 10, 2020, 06:51:16 AM »
01/01/2020     Linea_Norway's official day (@46)        CONFIRMED
01/01/2020     firebrand's official day                         CONFIRMED
01/01/2020     Nancy                                                CONFIRMED
01/07/2020     alienbogey's wife                                CONFIRMED
01/15/2020     Nifty
01/15/2020     Nickel (@55)                                      CONFIRMED
01/31/2020     ATS (@52)                                         CONFIRMED
01/31/2020     DisplacedHoosier (@57)                      CONFIRMED
01/??/2020      Now-non
02/??/2020      RetireAbroadAt35
03/01/2020     Katmandew (@54)
03/06/2020     CrazyIT   
03/??/2020      FInding_peace (@38)   
03/??/2020 or 04/??/2020     Padonak   
03/??/2020 or later 2020     Beeboy (@46)
03/31/2020     texxan1
03/31/2050     wildatheart (@53)
04/02/2020     CptCool
04/03/2020     Maenad         
04/14/2020     MarcherLady
04/??/2020      DreamFIRE   
04/??/2020      Exit2019   
04/??/2020      Itchyfeet   
04/??/2020      Pennycounter   
04/24/2020     aspiringnomad (@37)                            Given notice
04/??/2020 or 05/??/2020   ysette9 (@38)
04/??/2020 or later 2020     robtown   
05/01/2020     Much fishing to do 
05/15/2020     SailingOnASmallSailboat's husband (@50/51)
05/15/2020     BeanCounter
05/15/2020     Lucky13 (@44)
05/??/2020      Rcc     
05/??/2020      Body Surfer   
05/??/2020      Lady Stash (@45)
06/01/2020     Albireo13 (@64)
06/05/2020     thelyon19
06/05/2020     rab-bit (@59)
06/16/2020     Kteach
06/??/2020      Farmgirl (@61)
06/??/2020      ixtap (date uncertain)     
07/01/2020     FireLane (@38)   
07/01/2020     Unique User (@50)   
07/01/2020     SugarMountain
07/24/2020     SugarMountain
07/??/2020 or later 2020     MMM123
07/??/2020      bas5252 (@55)
07/??/2020      2sk22 
07/??/2020      SpreadsheetMan
08/01/2020     HappyCheerE (@55)
08/??/2020      Bateaux   
09/??/2020      Dan23
10/??/2020      Rubyvroom   
11/01/2020     Alienbogey     
12/31/2020     BFGirl
12/31/2020     Freedomin5 (@38)
12/??/2020      david_shin   
12/??/2020      MoneyTree (@36)   
12/??/2020      Nora (@42)   
12/??/2020      Sand101   
12/??/2020      TheFIExplorer     
??/??/2020      EscapeVelocity2020   
??/??/2020      apurplelife   
??/??/2020      BlueMR2     
??/??/2020      catccc   
??/??/2020      DadzillaGorilla (FI@35, RE@40)   
??/??/2020      FIREstache (@55)     
??/??/2020      LadyMaWhiskers   
??/??/2020      letsdoit   
??/??/2020      onlykelsey     
??/??/2020      tooqk4u22     
??//??/2020     Fresh Bread
12/??/202?      desk_jockey
??/??/202?      Gumption

 
To be decided: tipster350

OLY:   
meatgrinder   
Life in balance (end of 2019)
2Birds1Stone (autumn 2019)
Firebrand (second week of December 2019)
   
OMY:   
RedefinedHappiness   
FIREby2021 (Q1 2021)   
TheContinentalOp (2021)
   
FIREing later:   
FIPurpose (date to decided)   
ToughMother (date to be decided)
« Last Edit: January 22, 2020, 03:48:46 AM by Linea_Norway »

desk_jockey

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Re: 2020 FIRE Cohort
« Reply #1251 on: January 10, 2020, 02:00:07 PM »
Reviewing numbers on 01Jan confirms weíve reached the halfway point.  Half-way through the acronym that is.  So, in my best Michael Scott voice... ďI DECLARE F.I.Ē   

F.I.:  After paying off the remaining principle on the house we would be ~ 3.75% WR, with our current budget adjusted for anticipated additional costs of healthcare and other benefits provided by employer. 

R.E:  Right now, Iím unsure as to when Iíll complete the acronym and Retire Early.  DW will likely do so this year.  For the short term Iím trying to become more SWAMI as I figure out the following:
  • Purpose:  Thinking that itís better to go toward something than flee from something, I need a better idea of what comes next.   Much of what weíve worked towards for the past years came to fruition in 2019.  While Iím very grateful for that, I recognize the need to outline some structure and purpose for the next phase of my life.
  • Job/Career:  There is a project that I want to see through to completion in the latter part of this year.  After that, itís TBD.  There are many aspects of the job and company that I love and some that I hate immensely.  If I can keep the good, drop the bad, and get more free time then Iím likely to SWAMI into a future class.
  • Toys:  There are a few toys Iíd like to have now that everything else is covered.  Iím more likely to purchase toys while Iím still working.
  • Buffer:  I donít feel the need to save below a 3.5% WR like some, but I would like a reasonable fund that is mentally set aside for spending on potential over-budget items in the first years of retirement (e.g. home repairs, big medical costs, a kick-ass exaggerated vacation).   If nothing else, a separate amount allocated to be intentionally used on one-off extra spending events would allow me to not obsess over the budget in RE.
  • Social:  Too much of my social life is work-related.  I know the tendencies of what will happen with that.  I need to focus on non-work, off-line relationships and determine how Iíll find community.
  • Fear:  Itís a big step.  Itís an unconventional step.  Health insurance costs is a concern.  I admit to having to work on the mental aspect.
I make no promises that Iíll fully join the RE Class of 2020 but will check back into this thread with updates on the points as I make my way closer.   

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1252 on: January 10, 2020, 02:24:53 PM »
Reviewing numbers on 01Jan confirms weíve reached the halfway point.  Half-way through the acronym that is.  So, in my best Michael Scott voice... ďI DECLARE F.I.Ē   

F.I.:  After paying off the remaining principle on the house we would be ~ 3.75% WR, with our current budget adjusted for anticipated additional costs of healthcare and other benefits provided by employer. 

R.E:  Right now, Iím unsure as to when Iíll complete the acronym and Retire Early.  DW will likely do so this year.  For the short term Iím trying to become more SWAMI as I figure out the following:
  • Purpose:  Thinking that itís better to go toward something than flee from something, I need a better idea of what comes next.   Much of what weíve worked towards for the past years came to fruition in 2019.  While Iím very grateful for that, I recognize the need to outline some structure and purpose for the next phase of my life.
  • Job/Career:  There is a project that I want to see through to completion in the latter part of this year.  After that, itís TBD.  There are many aspects of the job and company that I love and some that I hate immensely.  If I can keep the good, drop the bad, and get more free time then Iím likely to SWAMI into a future class.
  • Toys:  There are a few toys Iíd like to have now that everything else is covered.  Iím more likely to purchase toys while Iím still working.
  • Buffer:  I donít feel the need to save below a 3.5% WR like some, but I would like a reasonable fund that is mentally set aside for spending on potential over-budget items in the first years of retirement (e.g. home repairs, big medical costs, a kick-ass exaggerated vacation).   If nothing else, a separate amount allocated to be intentionally used on one-off extra spending events would allow me to not obsess over the budget in RE.
  • Social:  Too much of my social life is work-related.  I know the tendencies of what will happen with that.  I need to focus on non-work, off-line relationships and determine how Iíll find community.
  • Fear:  Itís a big step.  Itís an unconventional step.  Health insurance costs is a concern.  I admit to having to work on the mental aspect.
I make no promises that Iíll fully join the RE Class of 2020 but will check back into this thread with updates on the points as I make my way closer.

Congrats on being FI!

itchyfeet

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Re: 2020 FIRE Cohort
« Reply #1253 on: January 10, 2020, 10:04:32 PM »
Reviewing numbers on 01Jan confirms weíve reached the halfway point.  Half-way through the acronym that is.  So, in my best Michael Scott voice... ďI DECLARE F.I.Ē   

F.I.:  After paying off the remaining principle on the house we would be ~ 3.75% WR, with our current budget adjusted for anticipated additional costs of healthcare and other benefits provided by employer. 

R.E:  Right now, Iím unsure as to when Iíll complete the acronym and Retire Early.  DW will likely do so this year.  For the short term Iím trying to become more SWAMI as I figure out the following:
  • Purpose:  Thinking that itís better to go toward something than flee from something, I need a better idea of what comes next.   Much of what weíve worked towards for the past years came to fruition in 2019.  While Iím very grateful for that, I recognize the need to outline some structure and purpose for the next phase of my life.
  • Job/Career:  There is a project that I want to see through to completion in the latter part of this year.  After that, itís TBD.  There are many aspects of the job and company that I love and some that I hate immensely.  If I can keep the good, drop the bad, and get more free time then Iím likely to SWAMI into a future class.
  • Toys:  There are a few toys Iíd like to have now that everything else is covered.  Iím more likely to purchase toys while Iím still working.
  • Buffer:  I donít feel the need to save below a 3.5% WR like some, but I would like a reasonable fund that is mentally set aside for spending on potential over-budget items in the first years of retirement (e.g. home repairs, big medical costs, a kick-ass exaggerated vacation).   If nothing else, a separate amount allocated to be intentionally used on one-off extra spending events would allow me to not obsess over the budget in RE.
  • Social:  Too much of my social life is work-related.  I know the tendencies of what will happen with that.  I need to focus on non-work, off-line relationships and determine how Iíll find community.
  • Fear:  Itís a big step.  Itís an unconventional step.  Health insurance costs is a concern.  I admit to having to work on the mental aspect.
I make no promises that Iíll fully join the RE Class of 2020 but will check back into this thread with updates on the points as I make my way closer.

Congrats on being FI!

Yeah, congrats 🍾

All of your bullets strike a chord with me too. I think now you are FI you will find the courage to quell your fears and that bullet point will fall off the list and wonít be an impediment to you chasing what you want from life, be it FIRE or continuing to work.

Not taking action because of ďfearĒ is something I am sure we would all agree is good to try and avoid.

I am pricing in a few extravagances into our budget too, which adds to the post FIRE rewards and removes any fear. New adventures await.

ysette9

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Re: 2020 FIRE Cohort
« Reply #1254 on: January 10, 2020, 10:17:01 PM »
It is super exciting to see CONFIRMED starting to show up next to names. Youpi!

MarcherLady

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Re: 2020 FIRE Cohort
« Reply #1255 on: January 11, 2020, 12:57:53 AM »
@desk_jockey , yep, I can relate to a lot of your bullets. We were FI in March last year but I ended up procrastinating and only set the date of April for RE earlier this week.

Re social and purpose: I have spent the last few months trying to imagine what my life/routine is going to look like in FIRE and starting to build contacts and ideas to keep me busy: volunteering, exercise, socialising etc. This has the added bonus of starting to make it feel real, and beginning to squash the fear. I'm now at the point where I am impatient to get started on the next chapter.

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1256 on: January 11, 2020, 07:24:01 AM »
Next up later this week are @Nifty and @Nickel.
Are you both on schedule?

aspiringnomad

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Re: 2020 FIRE Cohort
« Reply #1257 on: January 11, 2020, 10:01:07 AM »
Just updating with my precise last day and removing a duplicate version of me in the prior list. Thanks for keeping this going Linea!

01/01/2020     Linea_Norway's official day (@46)        CONFIRMED
01/01/2020     firebrand's official day                             CONFIRMED
01/01/2020     Nancy                                                         CONFIRMED
01/07/2020     alienbogey's wife                                      CONFIRMED
01/15/2020     Nifty
01/15/2020     Nickel (@55)
01/31/2020     ATS (@52)
01/31/2020     DisplacedHoosier (@57)
01/??/2020      Now-non
01/??/2020 or 07/??/2020     SugerMountain
02/??/2020      RetireAbroadAt35
03/01/2020     Katmandew (@54)
03/06/2020     CrazyIT   
03/??/2020      FInding_peace (@38)   
03/??/2020      Lucky13 (@44)
03/??/2020 or 04/??/2020     Padonak   
03/??/2020 or later 2020     Beeboy (@46)
03/31/2020     texxan1
04/03/2020     Maenad         
04/14/2020     MarcherLady
04/??/2020      DreamFIRE   
04/??/2020      Exit2019   
04/??/2020      Itchyfeet   
04/??/2020      Pennycounter   
04/24/2020      aspiringnomad (@37)   
04/??/2020 or 05/??/2020   ysette9 (@38)
04/??/2020 or later 2020     robtown   
05/01/2020     Much fishing to do
05/15/2020     SailingOnASmallSailboat's husband (@50/51)
05/??/2020      Rcc     
05/??/2020      Body Surfer   
05/??/2020      Lady Stash (@45)
06/01/2020     Albireo13 (@64)
06/05/2020     thelyon19
06/05/2020     rab-bit (@59)
06/??/2020      Farmgirl (@61)
06/??/2020      ixtap (date uncertain)     
07/01/2020     FireLane (@38)   
07/01/2020     Unique User (@50)   
07/24/2020     SugarMountain
07/??/2020 or later 2020     MMM123
07/??/2020      bas5252 (@55)
07/??/2020      2sk22
07/??/2020      SpreadsheetMan
08/01/2020     HappyCheerE (@55)
08/??/2020      Bateaux   
09/??/2020      Dan23
10/??/2020      Rubyvroom   
11/01/2020     Alienbogey     
12/31/2020     BFGirl
12/31/2020     Freedomin5 (@38)
12/??/2020      david_shin   
12/??/2020      MoneyTree (@36)   
12/??/2020      Nora (@42)   
12/??/2020      Sand101   
12/??/2020      TheFIExplorer     
??/??/2020      EscapeVelocity2020   
??/??/2020      apurplelife   
??/??/2020      BlueMR2     
??/??/2020      catccc   
??/??/2020      DadzillaGorilla (FI@35, RE@40)   
??/??/2020      FIREstache (@55)     
??/??/2020      LadyMaWhiskers   
??/??/2020      letsdoit   
??/??/2020      onlykelsey     
??/??/2020      tooqk4u22     
??//??/2020     Fresh Bread
12/??/202?      desk_jockey
??/??/202?      Gumption

 
To be decided: tipster350

OLY:   
meatgrinder   
Life in balance (end of 2019)
2Birds1Stone (autumn 2019)
Firebrand (second week of December 2019)
   
OMY:   
RedefinedHappiness   
FIREby2021 (Q1 2021)   
TheContinentalOp (2021)
   
FIREing later:   
FIPurpose (date to decided)   
ToughMother (date to be decided)

Kteach

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Re: 2020 FIRE Cohort
« Reply #1258 on: January 11, 2020, 02:45:58 PM »
Hi all,
I've been lurking for a long time, but finally decided to join the list. My last day of work will be June 16, official retirement date is July 1. My dh, also a teacher, retired a few years ago. We've been sort of FI for awhile-just waiting for me to reach my full pension. 

desk_jockey

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Re: 2020 FIRE Cohort
« Reply #1259 on: January 11, 2020, 04:12:25 PM »
All of your bullets strike a chord with me too. I think now you are FI you will find the courage to quell your fears and that bullet point will fall off the list and wonít be an impediment to you chasing what you want from life, be it FIRE or continuing to work.

Not taking action because of ďfearĒ is something I am sure we would all agree is good to try and avoid.
Thanks for the thoughts.  The fear is a snap shot in time.   As I work through a few other bullet points this year the fear point will diminish.   Like taking a first jump off the high dive board at the swimming pool, thereís fear that takes a moment to overcome.  Though at the current Shiller PE ratio, maybe the 10m platform is a better analogy.

Once I complete the project for my own personal satisfaction, I donít have a milestone date that is different than any other day, as there is no pension to vest or service anniversary date to pass.   Iíd love to be ďpushed off the diving boardĒ with a severance package, but thatís unlikely to happen.  I wonít wait around years hoping for such a departing gift.

Re social and purpose: I have spent the last few months trying to imagine what my life/routine is going to look like in FIRE and starting to build contacts and ideas to keep me busy: volunteering, exercise, socialising etc. This has the added bonus of starting to make it feel real, and beginning to squash the fear. I'm now at the point where I am impatient to get started on the next chapter.

Yes, this is what I need to develop during 2020.   It was easy to compile a bucket list of the big things to do and experience in the next 30 years.  Now I need to a vision for daily life.


wildatheart

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Re: 2020 FIRE Cohort
« Reply #1260 on: January 11, 2020, 08:34:15 PM »
Yep,
53 and Nervously jumping into my FIRE as March 31, 2020.
2.5M in assets and half of it in 401ks.
Just bought my 3rd house and will be taking this first year to get all properties in good rental health and wisely investing in improvements and some leisure time for my wife and I.

We have a list of about 12 side hustles we are evaluating now which to go into full-bore.

Good luck everyone

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1261 on: January 13, 2020, 08:04:03 AM »
Hi all,
I've been lurking for a long time, but finally decided to join the list. My last day of work will be June 16, official retirement date is July 1. My dh, also a teacher, retired a few years ago. We've been sort of FI for awhile-just waiting for me to reach my full pension.

Welcome. I guess it was worth it, waiting for a full pension.
Well done to reach FI as a teacher.

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1262 on: January 13, 2020, 08:05:41 AM »
Yep,
53 and Nervously jumping into my FIRE as March 31, 2020.
2.5M in assets and half of it in 401ks.
Just bought my 3rd house and will be taking this first year to get all properties in good rental health and wisely investing in improvements and some leisure time for my wife and I.

We have a list of about 12 side hustles we are evaluating now which to go into full-bore.

Good luck everyone

Welcome. Sounds like you are in a very good financial position.

ATS

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Re: 2020 FIRE Cohort
« Reply #1263 on: January 13, 2020, 03:36:26 PM »
13 more megacorp work days to go for me.

Someone said when you retire it's good to have two hobbies - one that keeps you fit and one that makes you money.

I have had a fun side hustle for years but I've let it decline over the last couple of years, letting work and other things get in the way.  It incorporates things I like to do and I can control the amount of time I invest in it.  I've always had ideas for it that I didn't have the time and energy to implement. 

With Day 1 of FIRE approaching I've been spending time researching how I would manage it post-FIRE.  I've been enjoying the planning and learning new things.  It is a different challenge and uses mental and physical muscles I don't get to use at megacorp.

I'm comfortable with my stash but I also like the flexibility of additional cash flow if needed and the challenges this brings.

Did I mention 13 more days?

Freedomin5

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Re: 2020 FIRE Cohort
« Reply #1264 on: January 14, 2020, 03:33:17 PM »
13 more megacorp work days to go for me.

Someone said when you retire it's good to have two hobbies - one that keeps you fit and one that makes you money.

I have had a fun side hustle for years but I've let it decline over the last couple of years, letting work and other things get in the way.  It incorporates things I like to do and I can control the amount of time I invest in it.  I've always had ideas for it that I didn't have the time and energy to implement. 

With Day 1 of FIRE approaching I've been spending time researching how I would manage it post-FIRE.  I've been enjoying the planning and learning new things.  It is a different challenge and uses mental and physical muscles I don't get to use at megacorp.

I'm comfortable with my stash but I also like the flexibility of additional cash flow if needed and the challenges this brings.

Did I mention 13 more days?

How exciting! Congrats!

MoneyTree

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Re: 2020 FIRE Cohort
« Reply #1265 on: January 14, 2020, 10:05:32 PM »
Welp, got about a 20% raise today.

it is a significant increase, but given that we were already planning on hitting the number this year, it doesn't move the FI date closer by all that much. Maybe by about a month.

I still think we'll stick with the end of the year, but hopefully now we will have some extra padding to the 'stache to accommodate possible additions to our family.

itchyfeet

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Re: 2020 FIRE Cohort
« Reply #1266 on: January 15, 2020, 01:29:58 AM »
We are now at 94% of our targeted FIRE number.... I wonder how many months it will take to accumulate the final 6%..... hopefully not very many...

RWTL

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Re: 2020 FIRE Cohort
« Reply #1267 on: January 15, 2020, 05:56:08 AM »
Welp, got about a 20% raise today.

it is a significant increase, but given that we were already planning on hitting the number this year, it doesn't move the FI date closer by all that much. Maybe by about a month.

I still think we'll stick with the end of the year, but hopefully now we will have some extra padding to the 'stache to accommodate possible additions to our family.

Nice job.  That is a significant increase!   Was that a promotion or just merit based?   If merit, you're killing it!

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1268 on: January 15, 2020, 09:40:05 AM »
13 more megacorp work days to go for me.

Someone said when you retire it's good to have two hobbies - one that keeps you fit and one that makes you money.

I have had a fun side hustle for years but I've let it decline over the last couple of years, letting work and other things get in the way.  It incorporates things I like to do and I can control the amount of time I invest in it.  I've always had ideas for it that I didn't have the time and energy to implement. 

With Day 1 of FIRE approaching I've been spending time researching how I would manage it post-FIRE.  I've been enjoying the planning and learning new things.  It is a different challenge and uses mental and physical muscles I don't get to use at megacorp.

I'm comfortable with my stash but I also like the flexibility of additional cash flow if needed and the challenges this brings.

Did I mention 13 more days?

Nice, you will be the next confirmed here. Shall I change your date to the 26th?

MoneyTree

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Re: 2020 FIRE Cohort
« Reply #1269 on: January 15, 2020, 10:29:05 AM »
Welp, got about a 20% raise today.

it is a significant increase, but given that we were already planning on hitting the number this year, it doesn't move the FI date closer by all that much. Maybe by about a month.

I still think we'll stick with the end of the year, but hopefully now we will have some extra padding to the 'stache to accommodate possible additions to our family.

Nice job.  That is a significant increase!   Was that a promotion or just merit based?   If merit, you're killing it!

Not quite a promotion, but last year, I took on a new, highly visible project that we finally launched in November. By all measures it was a big success, so when it came time for our performance reviews, that really stood out.


CptCool

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Re: 2020 FIRE Cohort
« Reply #1270 on: January 16, 2020, 10:25:18 AM »
Add me to the list! Last day will likely be 4/2/2020!

ATS

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Re: 2020 FIRE Cohort
« Reply #1271 on: January 16, 2020, 10:37:35 AM »
13 more megacorp work days to go for me.

Someone said when you retire it's good to have two hobbies - one that keeps you fit and one that makes you money.

I have had a fun side hustle for years but I've let it decline over the last couple of years, letting work and other things get in the way.  It incorporates things I like to do and I can control the amount of time I invest in it.  I've always had ideas for it that I didn't have the time and energy to implement. 

With Day 1 of FIRE approaching I've been spending time researching how I would manage it post-FIRE.  I've been enjoying the planning and learning new things.  It is a different challenge and uses mental and physical muscles I don't get to use at megacorp.

I'm comfortable with my stash but I also like the flexibility of additional cash flow if needed and the challenges this brings.

Did I mention 13 more days?

Nice, you will be the next confirmed here. Shall I change your date to the 26th?

13 more working days (10 more working days now) - 1/31/20 is still my last day.

jeroly

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Re: 2020 FIRE Cohort
« Reply #1272 on: January 16, 2020, 02:24:51 PM »
We are now at 94% of our targeted FIRE number.... I wonder how many months it will take to accumulate the final 6%..... hopefully not very many...

Or, if the market keeps going up like this, how many days :-)

aspiringnomad

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Re: 2020 FIRE Cohort
« Reply #1273 on: January 16, 2020, 07:33:05 PM »
Gave notice today. Surreal.

MarcherLady

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Re: 2020 FIRE Cohort
« Reply #1274 on: January 17, 2020, 12:25:06 AM »
Gave notice today. Surreal.

Congratulations. How are you feeling now?

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1275 on: January 17, 2020, 02:16:39 AM »
Add me to the list! Last day will likely be 4/2/2020!

Welcome.

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1276 on: January 17, 2020, 02:20:05 AM »
Gave notice today. Surreal.

Congrats. Does the day still stand, in April?
A three month notice period is long, as I know from experience. But you will feel very different in the remaining time. Whenever you notice an annoying thing at work, you can have the attitude that it soon won't be your problem anymore.

itchyfeet

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Re: 2020 FIRE Cohort
« Reply #1277 on: January 17, 2020, 04:36:20 AM »
We are now at 94% of our targeted FIRE number.... I wonder how many months it will take to accumulate the final 6%..... hopefully not very many...

Or, if the market keeps going up like this, how many days :-)

Yes, I think it is above 95% now.... I am sure I will update my spreadsheet once more some time in the coming week.

DisplacedHoosier

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Re: 2020 FIRE Cohort
« Reply #1278 on: January 17, 2020, 05:45:24 AM »
Hi All!

Checking in to confirm my official last day at Magacorp will be Jan 31.  Unofficially my last day in the office and tethered to the laptop and email will be the end of next week.

Still gravitating wildly between sheer excitement and sheer panic.  Change is hard.  30+ years at Megacorp accounts for over half my life.  This will be a big transition and I appreciate it will take some time to sink in.  I'm very analytical (like most of you) and have been working the numbers for a few years.  Very grateful the markets and our frugal lifestyle have provided this opportunity to give back some time to my DW, DD, extended family and community.

I will not miss the 1+ hour commutes, office politics, mindless meetings, and year-end performance reviews.  I've never hated my job, but the last 5 years or so I feel the corporate environment has become stale and overly PC.

I will miss the people.  I fear many of them are too caught up in the media's "the-sky-is-falling and you will never be able to retire" spell.  Hope they realize there is also a life outside of Megacorp before it's too late.

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1279 on: January 17, 2020, 08:01:22 AM »
I put "confirmed" behind both @ATS and @DisplacedHoosier, as you both have given notice and know for sure.
Good luck in that last short working period.

aspiringnomad

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Re: 2020 FIRE Cohort
« Reply #1280 on: January 17, 2020, 08:33:10 AM »
Gave notice today. Surreal.

Congratulations. How are you feeling now?

Thanks! Quite a bit relieved after having the conversations, but not really as emotional as I thought I'd be. Not yet anyway.

aspiringnomad

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Re: 2020 FIRE Cohort
« Reply #1281 on: January 17, 2020, 08:36:59 AM »
Gave notice today. Surreal.

Congrats. Does the day still stand, in April?
A three month notice period is long, as I know from experience. But you will feel very different in the remaining time. Whenever you notice an annoying thing at work, you can have the attitude that it soon won't be your problem anymore.

Yep, the final date stands. It's a little bit awkward to have given so much notice, but for several reasons it was the right thing to do and what I would have wanted if I were in my supervisor's shoes.

And yes, there are some further out work responsibilities that I'm very relieved to know I won't have to deal with.

SailingOnASmallSailboat

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Re: 2020 FIRE Cohort
« Reply #1282 on: January 17, 2020, 05:19:01 PM »
Gave notice today. Surreal.

How amazing. Congrats!

Nickel

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Re: 2020 FIRE Cohort
« Reply #1283 on: January 19, 2020, 01:20:33 PM »
I put "confirmed" behind both @ATS and @DisplacedHoosier, as you both have given notice and know for sure.
Good luck in that last short working period.

Confirming FIRE on 15 January 2020. 

Surreal to let go of institutional thoughts, commitments, angst, habits, and stress. Being alive is awesome. Blue skies. A new world of opportunity. Sometimes it hits me and I laugh out loud. Heard my wife tell my daughter that dad is acting giddy.  Impulse flights to anywhere. ďYou weirdo,Ē smiling. Dance like nobodyís watching. Sleep in.  Make dad jokes.  Monday, traffic, deadlines, email, voicemails, timesheets, delays, unpleasant people... Honey badger donít care.  Cheers to all you FIRE folk. We are so damn lucky.

ysette9

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Re: 2020 FIRE Cohort
« Reply #1284 on: January 19, 2020, 03:32:34 PM »
I put "confirmed" behind both @ATS and @DisplacedHoosier, as you both have given notice and know for sure.
Good luck in that last short working period.

Confirming FIRE on 15 January 2020. 

Surreal to let go of institutional thoughts, commitments, angst, habits, and stress. Being alive is awesome. Blue skies. A new world of opportunity. Sometimes it hits me and I laugh out loud. Heard my wife tell my daughter that dad is acting giddy.  Impulse flights to anywhere. ďYou weirdo,Ē smiling. Dance like nobodyís watching. Sleep in.  Make dad jokes.  Monday, traffic, deadlines, email, voicemails, timesheets, delays, unpleasant people... Honey badger donít care.  Cheers to all you FIRE folk. We are so damn lucky.
Life is beautiful! Congrats

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1285 on: January 20, 2020, 06:01:43 AM »
Confirming FIRE on 15 January 2020. 

Surreal to let go of institutional thoughts, commitments, angst, habits, and stress. Being alive is awesome. Blue skies. A new world of opportunity. Sometimes it hits me and I laugh out loud. Heard my wife tell my daughter that dad is acting giddy.  Impulse flights to anywhere. ďYou weirdo,Ē smiling. Dance like nobodyís watching. Sleep in.  Make dad jokes.  Monday, traffic, deadlines, email, voicemails, timesheets, delays, unpleasant people... Honey badger donít care.  Cheers to all you FIRE folk. We are so damn lucky.

Congrats!!!

I also feel great. Since the last two weeks at our cabin we have lived a relaxing life. Every day sleeping out, making a ski trip and relax/read for the rest of the day. Some cooking experiments in the evening, nice TV programs and sleep.
We are very lucky to be able to be here where the snow conditions are very good, as they are non existant at home this winter. And we can drive home outside the traffic queues. And being outside on weekdays in the middle of the day when there is daylight. Feeling very priviliged.

DH and I still received our vacation money from our former employers. That was saved up and taxed last year. So now we got an almost  double net monthly payment tax free.

Katmandew

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Re: 2020 FIRE Cohort
« Reply #1286 on: January 20, 2020, 07:35:02 AM »
Nickel - Congrats!  I am still about 6 weeks out but just reading your post makes me giddy!  Very happy for you and your family.

Linea_Norway:  Congratulations and thank you for being such a good steward for this cohort and such a kind and supportive person!  By the way, my last day of work will actually be on 2-28-2020!  I think I told you 3-1-2020 because that will be my first day of freedom!  Seeing my name just 4 down the list . . . don't wish my life away, don't wish it away. . . but it can't get here quick enough!

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1287 on: January 20, 2020, 10:18:52 AM »
@Now-non and @SugarMountain

How are you both doing? Have you given notice yet? Or staying at work longer?

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1288 on: January 20, 2020, 10:21:17 AM »
Nickel - Congrats!  I am still about 6 weeks out but just reading your post makes me giddy!  Very happy for you and your family.

Linea_Norway:  Congratulations and thank you for being such a good steward for this cohort and such a kind and supportive person!  By the way, my last day of work will actually be on 2-28-2020!  I think I told you 3-1-2020 because that will be my first day of freedom!  Seeing my name just 4 down the list . . . don't wish my life away, don't wish it away. . . but it can't get here quick enough!

Thanks. That is only 5,5 weeks left to work. I hope for you that they will fly by and that you also feel a bit giddy abour leaving soon.

BeanCounter

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Re: 2020 FIRE Cohort
« Reply #1289 on: January 20, 2020, 11:29:46 AM »
May 15, 2020. Depending on how giving notice goes.
17 weeks still seems way too long to wait, but will get two bonuses and extra retirement $$ at the end of March. Waiting for that to hit before I give notice. So excited and scared at the same time.

ATS

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Re: 2020 FIRE Cohort
« Reply #1290 on: January 21, 2020, 08:14:30 AM »
I put "confirmed" behind both @ATS and @DisplacedHoosier, as you both have given notice and know for sure.
Good luck in that last short working period.

8 more working days for me after today - it seems so short yet so long.

Going through quarter and year-end close - still doesn't seem real this is the last time I have to go through this busy and stressful time. 

It also is validating I made the right decision - I've lost the joy out of the challenges of doing this, it's been all stress and drudgery for the last couple of years.

CrazyIT

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Re: 2020 FIRE Cohort
« Reply #1291 on: January 21, 2020, 09:10:40 AM »
I put "confirmed" behind both @ATS and @DisplacedHoosier, as you both have given notice and know for sure.
Good luck in that last short working period.

8 more working days for me after today - it seems so short yet so long.

Going through quarter and year-end close - still doesn't seem real this is the last time I have to go through this busy and stressful time. 

It also is validating I made the right decision - I've lost the joy out of the challenges of doing this, it's been all stress and drudgery for the last couple of years.

You forgot to mention 8 more days!!

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1292 on: January 21, 2020, 11:49:09 AM »
May 15, 2020. Depending on how giving notice goes.
17 weeks still seems way too long to wait, but will get two bonuses and extra retirement $$ at the end of March. Waiting for that to hit before I give notice. So excited and scared at the same time.

Welcome.

I also gave notice a short period after getting my payraise for the previous half year.

exit2019

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Re: 2020 FIRE Cohort
« Reply #1293 on: January 21, 2020, 12:40:10 PM »
Still T-80 days for me.

I have a little post-it note on the side of my monitor stand upon which I maintain a countdown as a sort of one-word-per-day diary (day T-130: "hate", day T-128: "sad", day T-88: "bad", and so on).  Technically, at my fire date I will go on unofficial leave for two months at that point since they hope I will come back but there's zero chance of that.  I like things done cleanly and this isn't clean at all, but the golden handcuffs that got me to stay another year don't cliff until June.   This was all agreed last year with my management chain when I OMY'd.

I realized that part of my anxiety about FIREing is that I still cling to a list of things that I haven't done yet.  I've taken to describing this as a change of direction - itís not like itís a commitment to permanently not work, but rather, a break and trying something different.  If I'm going to do those things, I guess I will do them differently.  But maybe I should do different things.

Now, if they decide to screw me on the leave plan, well, then it's another two months.  That would be amazing through.

SugarMountain

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Re: 2020 FIRE Cohort
« Reply #1294 on: January 21, 2020, 03:17:48 PM »
@Now-non and @SugarMountain

How are you both doing? Have you given notice yet? Or staying at work longer?

Current plan is July.  We'll see.

Lucky13

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Re: 2020 FIRE Cohort
« Reply #1295 on: January 21, 2020, 09:04:09 PM »
Iím now with BeanCounter targeting May 15th. Could do earlier if things go downhill at work but gives time to build more ďcash cushionĒ which was my big takeaway from reading ďQuit Like a MillionaireĒ which is now my favorite FIRE book. Iíve been reading some of the newer stuff to reassure myself Iím not missing anything. Like many of us Iím self-taught with finance and investing, but Iím feeling good about my plan. Told some family members this weekend and response was better than I expected. When DW quit her job she said she was taking a ďgap yearĒ to travel but then didnít go back lol but Iím just saying Iím done for good. Iím more of an all-or-nothing person I guess. Iím learning so much about myself in this process. 

itchyfeet

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Re: 2020 FIRE Cohort
« Reply #1296 on: January 22, 2020, 05:22:34 AM »
We are now at 94% of our targeted FIRE number.... I wonder how many months it will take to accumulate the final 6%..... hopefully not very many...

Or, if the market keeps going up like this, how many days :-)

Yes, I think it is above 95% now.... I am sure I will update my spreadsheet once more some time in the coming week.

I took a few moments to update my spreadsheet. Confirmed. I am into the final 5% countdown.

BeanCounter

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Re: 2020 FIRE Cohort
« Reply #1297 on: January 22, 2020, 08:26:40 AM »
Iím now with BeanCounter targeting May 15th. Could do earlier if things go downhill at work but gives time to build more ďcash cushionĒ which was my big takeaway from reading ďQuit Like a MillionaireĒ which is now my favorite FIRE book. Iíve been reading some of the newer stuff to reassure myself Iím not missing anything. Like many of us Iím self-taught with finance and investing, but Iím feeling good about my plan. Told some family members this weekend and response was better than I expected. When DW quit her job she said she was taking a ďgap yearĒ to travel but then didnít go back lol but Iím just saying Iím done for good. Iím more of an all-or-nothing person I guess. Iím learning so much about myself in this process.
@Lucky13, what is the recommended cash cushion? I think we have two years of spending and I wonder if weíve over done it.

ysette9

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Re: 2020 FIRE Cohort
« Reply #1298 on: January 22, 2020, 03:43:30 PM »
What is everyoneís asset allocation, if you donít mind sharing?

We are at 60/40 with a loose plan to do a reverse equity glidepath and/or the spreadsheet companion to the book Living Off Your Money, if I can find time to input all of our stuff and see what it says.

Bateaux

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Re: 2020 FIRE Cohort
« Reply #1299 on: January 22, 2020, 04:49:29 PM »
We are now at 94% of our targeted FIRE number.... I wonder how many months it will take to accumulate the final 6%..... hopefully not very many...

Or, if the market keeps going up like this, how many days :-)

Yes, I think it is above 95% now.... I am sure I will update my spreadsheet once more some time in the coming week.

I took a few moments to update my spreadsheet. Confirmed. I am into the final 5% countdown.

95.2% of the goal.