Author Topic: 2020 FIRE Cohort  (Read 427488 times)

aspiringnomad

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Re: 2020 FIRE Cohort
« Reply #1750 on: July 11, 2020, 05:13:38 PM »
Portugal, and yes slowly...

I would love to follow your FIRE adventure in Portugal. We have often talked about moving to Portugal or Spain in FIRE, mostly for the climate. For now we are living in Scandinavia because it's a familiar environment to start our kids in school but we always have half an eye looking south (especially during winter...)

We may start a blog focused on practical info and keeping friends and family up-to-date. Honestly, trying to not bite off more than we can chew and right now getting settled, beach/surf time, and learning the language is a priority. But we do have a URL picked out if we ever get around to it.

I'm happy to try to answer any specific questions that come up for you. Portugal has a reputation for being bureaucratic, but at least where I am I've found that people are very patient and accustomed to helping foreigners like myself through the red tape. Most people here also speak decent English, but they're still very appreciative if you try to speak some Portuguese.

The climate in the Algarve is incredible. We've been here for over three weeks now and every single day has been sunny, ~25 C, and low humidity. Obviously, we're in the dry season, but I don't think I'd ever get sick of that.

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1751 on: July 12, 2020, 02:39:26 AM »
01/01/20  Linea_Norway (@46)          CONFIRMED
01/01/20  firebrand                   CONFIRMED
01/01/20  Nancy                       CONFIRMED
01/01/20  openroadadventure (@53/50)  CONFIRMED
01/03/20  nwa-non                     CONFIRMED
01/07/20  alienbogey's wife           CONFIRMED
01/15/20  Nifty
01/15/20  Nickel (@55)                CONFIRMED
01/15/20  GettingClose's husband      CONFIRMED
01/31/20  ATS (@52)                   CONFIRMED
01/31/20  DisplacedHoosier (@57)      CONFIRMED
02/03/20  grobinski (@52/53)          CONFIRMED
02/03/20  IslandFIGirl                CONFIRMED
02/07/20  JumboShrimp                 CONFIRMED
02/29/20  lemanfan                    CONFIRMED, but maybe not forever
03/01/20  Bmjohnson (@50)             CONFIRMED
03/05/20  LadyMaWhiskers              CONFIRMED
03/06/20  damyst                      CONFIRMED
03/10/20  Katmandew (@54/48)          CONFIRMED
03/13/20  CrazyIT                     CONFIRMED
03/13/20  ysette9 (@38)               CONFIRMED
03/13/20  Padonak                     CONFIRMED
03/13/20  Maenad                      CONFIRMED
03/20/20  Mmm_donuts                  CONFIRMED
03/??/20  FInding_peace (@38)       
03/19/20  wildatheart (@53)           CONFIRMED
04/01/20  FlytilFIRE                  CONFIRMED
04/02/20  CptCool 
04/15/20  hybrid                      CONFIRMED
04/15/20  Indio                       CONFIRMED
04/17/20  Ottawa
04/??/20  DreamFIRE
05/08/20  rab-bit                     CONFIRMED
05/21/20  Body Surfer                 CONFIRMED
05/31/20  Dee18                       CONFIRMED
05/??/20  Rcc     
05/??/20  Lady Stash (@45)
06/01/20  bobble                      CONFIRMED
06/05/20  thelyon19
06/15/20  BigHaus89
06/15/20  aspiringnomad (@37)         CONFIRMED
06/16/20  Kteach                      CONFIRMED
06/30/20  LateStarter                 CONFIRMED
06/??/20  ixtap (date uncertain)     
07/04/20  myobjectivism               CONFIRMED
07/10/20  Zsazsa                      CONFIRMED
07/20/20  Alienbogey                  CONFIRMED (accepted package from employer)
08/03/20  SugarMountain               CONFIRMED (negotiated severance package)
07/??/20 or later 20  MMM123
07/??/20  bas5252 (@55)
07/??/20  SpreadsheetMan
08/07/20  HappyCheerE (@55)           Given notice
08/14/20  BeanCounter @42
08/31/20  fishnfool                   Accepted retirement package by employer
08/31/20  Albireo13 (@64)             Given notice
08/31/20  FrugalAussie (@54)          Given notice
09/01/20  RetireAbroadAt35
09/01/20  rab-bit's wife
09/04/20  Lucky13 (@44)
09/11/20  ItsALongStory (@39)         Given notice
09/25/20  apurplelife
09/30/20  MarcherLady
09/30/20  Fresh Bread's husband
09/30/20  CoffeeAndDonuts             Given notice to employee
09/??/20  Dan23
09/??/20  2sk22  (or November)
09/30/20  Farmgirl (@61)              Given notice
10/15/20  Unique User (@50)
10/??/20  Rubyvroom   
11/06/20  WYOGO
11/10/20  exit2019
11/20/20  Alternatepriorities
12/01/20  FireLane (@38)
12/14/20  Megs123                     Given notice
12/18/20  bownyboy
12/31/20  BFGirl
12/31/20  Freedomin5 (@38)
12/31/20  Bateaux
12/31/20  Chris@TTL + Jenni
12/31/20  honneyfill (or earlier)
12/??/20  david_shin   
12/??/20  MoneyTree (@36)   
12/??/20  Nora (@42)   
12/??/20  TheFIExplorer
??/??/20  texxan1     
??/??/20  EscapeVelocity2020   
??/??/20  BlueMR2     
??/??/20  catccc   
??/??/20  DadzillaGorilla (FI@35, RE@40)   
??/??/20  FIREstache (@55)       
??/??/20  letsdoit   
??/??/20  onlykelsey     
??/??/20  tooqk4u22     
??/??/20  Fresh Bread
??/??/20? Gumption
??/??/20  Beeboy (@46)
??/??/20  robtown

 
To be decided:
SailingOnASmallSailboat's DH (@50/51)

OLY:   
meatgrinder   
Life in balance (end of 2019)
2Birds1Stone (autumn 2019)
Firebrand (second week of December 2019)
   
OMY:   
RedefinedHappiness   
FIREby2021 (Q1 2021)   
TheContinentalOp (2021)
Sand101
desk_jockey
Pennycounter (or maybe fall 2020)
JoJo (FIRE maybe March 2021, working 60%)
tipster350 (2021)

   
FIREing later:   
FIPurpose (date to decided)   
ToughMother (date to be decided)
GettingClose working 50% and not in management from 04/01/2020 for another year.
Katmandew (@54), parttime from 02/29/2020.
Itchyfeet, accepted new job.

Not fully FIREd, but partly.
01/01/20  Steevven1 (@29)             Working PT
03/07/20  Fresh Bread                 Swami
05/01/20  Much fishing to do          Working PT from home occasionally

« Last Edit: August 04, 2020, 12:37:04 AM by Linea_Norway »

tipster350

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Re: 2020 FIRE Cohort
« Reply #1752 on: July 12, 2020, 08:05:58 AM »
tipster350 is moving to 2021.

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1753 on: July 12, 2020, 10:57:04 AM »
tipster350 is moving to 2021.

Good luck in your remaining year at work.

ysette9

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Re: 2020 FIRE Cohort
« Reply #1754 on: July 12, 2020, 03:44:49 PM »

Due to COVID and just life in general, we are planning to move to a larger place to have my mother-in-law move in with us.  ...

But, here's where it gets interesting, our income will also increase as well. My MIL gets Social Security income, which she can contribute towards our expenses. DW will also quit her part time work, but she will make up for it since she will become the primary caregiver for my MIL. There is a gov't program that pays for in-home supportive services, which we have been utilizing to help pay caregivers, but since we will become her caregivers, those payments will go straight to us.
Wow, that sounds like an incredibly big change. You wife is 110% on board with this idea? Is there an exit path if everyone gets I to this and then decides it isnít working out?

I didnít realize that about SS caregiver payments. Very interesting.

ysette9

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Re: 2020 FIRE Cohort
« Reply #1755 on: July 12, 2020, 03:47:17 PM »
Portugal, and yes slowly...

I would love to follow your FIRE adventure in Portugal. We have often talked about moving to Portugal or Spain in FIRE, mostly for the climate. For now we are living in Scandinavia because it's a familiar environment to start our kids in school but we always have half an eye looking south (especially during winter...)

We may start a blog focused on practical info and keeping friends and family up-to-date. Honestly, trying to not bite off more than we can chew and right now getting settled, beach/surf time, and learning the language is a priority. But we do have a URL picked out if we ever get around to it.

I'm happy to try to answer any specific questions that come up for you. Portugal has a reputation for being bureaucratic, but at least where I am I've found that people are very patient and accustomed to helping foreigners like myself through the red tape. Most people here also speak decent English, but they're still very appreciative if you try to speak some Portuguese.

The climate in the Algarve is incredible. We've been here for over three weeks now and every single day has been sunny, ~25 C, and low humidity. Obviously, we're in the dry season, but I don't think I'd ever get sick of that.
That sounds lovely. Somehow I always assumed Portugal would be hotter than that.

MoneyTree

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Re: 2020 FIRE Cohort
« Reply #1756 on: July 12, 2020, 06:43:36 PM »

Due to COVID and just life in general, we are planning to move to a larger place to have my mother-in-law move in with us.  ...

But, here's where it gets interesting, our income will also increase as well. My MIL gets Social Security income, which she can contribute towards our expenses. DW will also quit her part time work, but she will make up for it since she will become the primary caregiver for my MIL. There is a gov't program that pays for in-home supportive services, which we have been utilizing to help pay caregivers, but since we will become her caregivers, those payments will go straight to us.
Wow, that sounds like an incredibly big change. You wife is 110% on board with this idea? Is there an exit path if everyone gets I to this and then decides it isnít working out?

I didnít realize that about SS caregiver payments. Very interesting.

Yes, it is going to be a big change for us. Everyone is 100% on board at the moment, but we are only guessing how life is going to be after the move. Luckily, we happen to be living through a live test run right now, as all our caregivers have had to stop working when their kids were pulled out of school. So MIL currently stays with us half the time and my wife's brother the other half.

Even after things fully open back up, we decided we don't want to have a bunch of caregivers coming and going to my MIL's place, like they were before COVID. The supportive services assistance is a big bonus, but we likely would have made the same decision even without it (https://www.cdss.ca.gov/inforesources/ihss).

On the fence between FIRE this year or next year. will have a much better idea in the next few months.


myobjectivism

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Re: 2020 FIRE Cohort
« Reply #1757 on: July 13, 2020, 10:38:51 PM »
Happy to say that I retired (@43) on 4th July 2020. Able to catch a flight back to India from UK which was stopping me to retire in May/June this year.

Settling down now, digesting relocating from another country in less than 4 days (got tickets confirmed four days before the journey.. so lot of packing, selling car and other big things etc). And now settling down here in Hyderabad, India.

Will start journal soon once I sort out important small things.

bobble

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Re: 2020 FIRE Cohort
« Reply #1758 on: July 13, 2020, 10:45:56 PM »
Happy to say that I retired (@43) on 4th July 2020. Able to catch a flight back to India from UK which was stopping me to retire in May/June this year.

That's fantastic! Congratulations :)

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1759 on: July 14, 2020, 09:26:02 AM »
Happy to say that I retired (@43) on 4th July 2020. Able to catch a flight back to India from UK which was stopping me to retire in May/June this year.

Settling down now, digesting relocating from another country in less than 4 days (got tickets confirmed four days before the journey.. so lot of packing, selling car and other big things etc). And now settling down here in Hyderabad, India.

Will start journal soon once I sort out important small things.

Congrats on being FIRED. Is must have been a stressful 4 days. Good luck in India.

RetireAbroadAt35

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Re: 2020 FIRE Cohort
« Reply #1760 on: July 17, 2020, 09:51:52 AM »
02/??/20  RetireAbroadAt35
I started the exit convos.  Wanting to be diplomatic and keep the door open for future contract work, I told them I was thinking about leaving and why.  Long story short since COVID took off we're all pretending we never had those meetings. Layoffs are happening.  Shockingly I survived round 1, but I'm keeping quiet, coasting, and waiting to see if they let me go with a severance check in the fall.  Put me down for Sept 1.

SailingOnASmallSailboat

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Re: 2020 FIRE Cohort
« Reply #1761 on: July 17, 2020, 11:29:56 AM »
Today was the day...not very early retirement, but early enough for me. 35 years a nurse, 22 in the hospital where I am now.

Congratulations!!!

aspiringnomad

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Re: 2020 FIRE Cohort
« Reply #1762 on: July 17, 2020, 01:30:16 PM »
Portugal, and yes slowly...

I would love to follow your FIRE adventure in Portugal. We have often talked about moving to Portugal or Spain in FIRE, mostly for the climate. For now we are living in Scandinavia because it's a familiar environment to start our kids in school but we always have half an eye looking south (especially during winter...)

We may start a blog focused on practical info and keeping friends and family up-to-date. Honestly, trying to not bite off more than we can chew and right now getting settled, beach/surf time, and learning the language is a priority. But we do have a URL picked out if we ever get around to it.

I'm happy to try to answer any specific questions that come up for you. Portugal has a reputation for being bureaucratic, but at least where I am I've found that people are very patient and accustomed to helping foreigners like myself through the red tape. Most people here also speak decent English, but they're still very appreciative if you try to speak some Portuguese.

The climate in the Algarve is incredible. We've been here for over three weeks now and every single day has been sunny, ~25 C, and low humidity. Obviously, we're in the dry season, but I don't think I'd ever get sick of that.
That sounds lovely. Somehow I always assumed Portugal would be hotter than that.

Yeah it definitely gets hotter and has taken a turn for the warmer recently, topping out around 30C a couple days. I think because we're near the beach and get the breeze it doesn't feel nearly as hot as I remember summer in Lisbon being. Still basically no clouds though and we've been here nearly a month now.

Farmgirl

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Re: 2020 FIRE Cohort
« Reply #1763 on: July 20, 2020, 09:38:38 AM »
Today was our first day back to the cube since March 13.  Gave my boss a resignation letter (a one liner) and my last day is September 30.  I told her I was taking a job as a private portfolio manager.  She said, Oh...well that sounds like a great opportunity.  Then I told her that the portfolio was mine.

So that's it for me kids.  A long, soul-searching journey.  Still a little worried about the future, but I am so done.  I'll take my chances.

SugarMountain

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Re: 2020 FIRE Cohort
« Reply #1764 on: July 20, 2020, 10:47:46 AM »
I told her I was taking a job as a private portfolio manager.  She said, Oh...well that sounds like a great opportunity.  Then I told her that the portfolio was mine.

That's awesome.  I may need to use that.

markbike528CBX

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Re: 2020 FIRE Cohort
« Reply #1765 on: July 20, 2020, 11:19:28 AM »
I told her I was taking a job as a private portfolio manager.  She said, Oh...well that sounds like a great opportunity.  Then I told her that the portfolio was mine.

That's awesome.  I may need to use that.

Depending on the level of FU involved, maybe you have an FU money story for that thread.

Alternatepriorities

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Re: 2020 FIRE Cohort
« Reply #1766 on: July 20, 2020, 01:25:53 PM »
I told her I was taking a job as a private portfolio manager. 

I am definitely going to use that job title the next time it comes up.

ysette9

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Re: 2020 FIRE Cohort
« Reply #1767 on: July 20, 2020, 03:35:20 PM »
Today was our first day back to the cube since March 13.  Gave my boss a resignation letter (a one liner) and my last day is September 30.  I told her I was taking a job as a private portfolio manager.  She said, Oh...well that sounds like a great opportunity.  Then I told her that the portfolio was mine.

So that's it for me kids.  A long, soul-searching journey.  Still a little worried about the future, but I am so done.  I'll take my chances.
Love that line!

Do you think she didnít get it?

Dicey

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Re: 2020 FIRE Cohort
« Reply #1768 on: July 20, 2020, 03:40:43 PM »
WhoopWhoopWhoop!

Joan-eh?

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Re: 2020 FIRE Cohort
« Reply #1769 on: July 20, 2020, 04:17:32 PM »
following

FrugalAussie

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Re: 2020 FIRE Cohort
« Reply #1770 on: July 20, 2020, 04:28:44 PM »
Happy to say that I retired (@43) on 4th July 2020. ... Will start journal soon once I sort out important small things.

I look forward to reading your diary.  I really enjoying hearing about people's retirement journeys in other countries.  I went to school in Mussoorie in the late 70s, returned to India for the 30 year reunion in 2013, hoping to get back for the 40 year reunion in 2023.

Enjoy!

FrugalAussie

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Re: 2020 FIRE Cohort
« Reply #1771 on: July 20, 2020, 04:38:25 PM »
I'm on track with my retirement plans. Applications for my job closed yesterday with two worthy applicants so I can exit with a clear conscience. Yes, I know it's not really my problem to ensure a suitable replacement but I work in the community sector in a specialist service and have an attachment to the organisation so wanted a solution that was fair to me and to my workplace. I'll probably work a day a week until the replacement starts which is acceptable to me. Either way I'll be done by the end of August, aged 54. Happy days!

alienbogey

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Re: 2020 FIRE Cohort
« Reply #1772 on: July 20, 2020, 10:44:22 PM »
Put me down as retired.

I was planning to go in November with a small chance of extending to February, but the company didn't know that.  They recently came out with a number of early retirement and leave options.  The one I got pays me 60% of my full time income for two years with same company medical, vacation, sick leave, and company 401k contribution plus a few other active employee benefits.  No work required or desired of me.

Then officially retired, with two additional years of company medical paid for, then company discounted medical offered until 65.

And, potentially biggest of all, my pension will continue to accrue years of service for these two years of no work, which will result in it being about 15% higher than if I had retired as planned this November.

All this sounds braggy, but this is the only place where I could tell it.  It's all just a windfall due to Covid and I'm somewhat conflicted as to how to feel about it. 

Anyway, although I'm officially on the company's books for two more years it's irrevocable and I won't be working for them again, so please put CONFIRMED by my name.

Alternatepriorities

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Re: 2020 FIRE Cohort
« Reply #1773 on: July 21, 2020, 12:52:34 AM »
Put me down as retired.
...

Wow. Congratulations on that and on designing a lifestyle where living on 60% is a winning option.

PhilB

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Re: 2020 FIRE Cohort
« Reply #1774 on: July 21, 2020, 12:57:37 AM »
Put me down as retired.

I was planning to go in November with a small chance of extending to February, but the company didn't know that.  They recently came out with a number of early retirement and leave options.  The one I got pays me 60% of my full time income for two years with same company medical, vacation, sick leave, and company 401k contribution plus a few other active employee benefits.  No work required or desired of me.

Then officially retired, with two additional years of company medical paid for, then company discounted medical offered until 65.

And, potentially biggest of all, my pension will continue to accrue years of service for these two years of no work, which will result in it being about 15% higher than if I had retired as planned this November.

All this sounds braggy, but this is the only place where I could tell it.  It's all just a windfall due to Covid and I'm somewhat conflicted as to how to feel about it. 

Anyway, although I'm officially on the company's books for two more years it's irrevocable and I won't be working for them again, so please put CONFIRMED by my name.

That sounds like the kind of deal that you have to print out and keep by the bed.  That way, when you wake in the night you have it to hand to convince yourself that it really wasn't just a dream.  You really are that lucky.  Congratulations.

Farmgirl

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Re: 2020 FIRE Cohort
« Reply #1775 on: July 21, 2020, 09:56:41 AM »
Ysette...She acted like she really thought I was taking a job as a portfolio manager.  I left the appropriate pause, then told her it was mine.  Then she got it.  I have 50 more work days and I'm ready to go!!!

albireo13

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Re: 2020 FIRE Cohort
« Reply #1776 on: July 21, 2020, 08:49:46 PM »
I had to delay my retirement due to covid but, just gave my notice. Last day is August 31!

Lucky13

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Re: 2020 FIRE Cohort
« Reply #1777 on: July 22, 2020, 10:49:16 AM »
Hello again. I have a new date! September 4th will be my last day.

I'm going to give 1 month notice, so my Quit Day will be August 4.

I have been deeply burned out for years, so burned out that I barely know myself anymore and ask myself every day what the hell happened to the person I used to be. I'm pretty good at hiding stress and separating things, but over the last year it's finally started to bleed through into my personal life and not in a positive way.

Thanks so much everyone for sharing. The above sentiment captures my situation. I'm actually enjoying my job more than I ever have, now that I'm working from home, and the little things don't bother me because I know I'm leaving. But there's also this underlying burnout, 20 years of being in the workforce in a highly competitive field has taken its toll. In some ways I don't like the person that I've become. Looking forward to just being myself, without the pressure and stress of having a full-time job... or any job really. :D

RetireAbroadAt35

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Re: 2020 FIRE Cohort
« Reply #1778 on: July 22, 2020, 12:51:24 PM »
I'm actually enjoying my job more than I ever have, now that I'm working from home, and the little things don't bother me because I know I'm leaving. But there's also this underlying burnout, 20 years of being in the workforce in a highly competitive field has taken its toll. In some ways I don't like the person that I've become. Looking forward to just being myself, without the pressure and stress of having a full-time job... or any job really.
Ya took the words right outta my mouth.  I'm working from home and getting some satisfaction from helping at least indirectly with pandemic response, but I'm also tired of the competitive, aggressive nature of this industry and 20 years of managing that is enough for me too.

LadyMaWhiskers

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Re: 2020 FIRE Cohort
« Reply #1779 on: July 23, 2020, 08:11:30 AM »

 
??/??/20  LadyMaWhiskers


03/05/2020    LadyMaWhiskers    CONFIRMED

ItsALongStory

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Re: 2020 FIRE Cohort
« Reply #1780 on: July 24, 2020, 03:35:36 PM »
Yesterday I told my boss that I'll be leaving the company at or around September 15th. We agreed to hold off on telling HR until early August due to personal reasons.

Tomorrow is my 39th birthday, it's super cool to be able to take an extended break prior to my 40 year old milestone. I wouldn't say I'm 100% FIREd but the intent is certainly to not go back to full time working for the man. The plan had been 2022 but due to some circumstances (accelerated contributions this year & COVID concerns about the future of travel) have expedited our planning.

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1781 on: July 26, 2020, 08:27:34 AM »
Sorry for the lack of updates, but I as on vacation and very little online. I will do an update when I am home and can use an ipad instead of a phone.

Congrats to those who made the plunge.

Megs193

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Re: 2020 FIRE Cohort
« Reply #1782 on: July 26, 2020, 12:11:15 PM »
I was planning on joining you guys and I gave my company a one month notice last week.  One of my coworkers will be going out on maternity leave in 2 weeks so they asked me to stay on and work one day a week in the office and one day a week from home. I have agreed to it through 12/14 when my coworker is supposed to return.  I wish I was joining you now but I felt bad leaving my coworkers so short staffed. Hopefully the next few months are more enjoyable because I know the end is near.

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1783 on: July 26, 2020, 12:52:11 PM »
I was planning on joining you guys and I gave my company a one month notice last week.  One of my coworkers will be going out on maternity leave in 2 weeks so they asked me to stay on and work one day a week in the office and one day a week from home. I have agreed to it through 12/14 when my coworker is supposed to return.  I wish I was joining you now but I felt bad leaving my coworkers so short staffed. Hopefully the next few months are more enjoyable because I know the end is near.

Welcome to the cohort. Working two days a week if I understand it right, sounds like a reasonable deal, where you have lots of time off. But don't let them convince you another time. Now they have half a year to organize a replacement for you. If your coworker chooses to extend her maturnity leave, it is your employer's problem, not yours.

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1784 on: July 26, 2020, 12:56:32 PM »
Yesterday I told my boss that I'll be leaving the company at or around September 15th. We agreed to hold off on telling HR until early August due to personal reasons.

Tomorrow is my 39th birthday, it's super cool to be able to take an extended break prior to my 40 year old milestone. I wouldn't say I'm 100% FIREd but the intent is certainly to not go back to full time working for the man. The plan had been 2022 but due to some circumstances (accelerated contributions this year & COVID concerns about the future of travel) have expedited our planning.

Welcome to the cohort.

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1785 on: July 26, 2020, 12:59:00 PM »

 
??/??/20  LadyMaWhiskers


03/05/2020    LadyMaWhiskers    CONFIRMED

Done.
Congrats on being FIRED for a few months.

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1786 on: July 26, 2020, 01:07:57 PM »
Put me down as retired.

I was planning to go in November with a small chance of extending to February, but the company didn't know that.  They recently came out with a number of early retirement and leave options.  The one I got pays me 60% of my full time income for two years with same company medical, vacation, sick leave, and company 401k contribution plus a few other active employee benefits.  No work required or desired of me.

Then officially retired, with two additional years of company medical paid for, then company discounted medical offered until 65.

And, potentially biggest of all, my pension will continue to accrue years of service for these two years of no work, which will result in it being about 15% higher than if I had retired as planned this November.

All this sounds braggy, but this is the only place where I could tell it.  It's all just a windfall due to Covid and I'm somewhat conflicted as to how to feel about it. 

Anyway, although I'm officially on the company's books for two more years it's irrevocable and I won't be working for them again, so please put CONFIRMED by my name.

Wow, a great package. Congrats on getting that.

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1787 on: July 26, 2020, 01:19:54 PM »
Then I hope I put in all the changes made in the last week. Nice to see so many who gave notice.

bownyboy

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Re: 2020 FIRE Cohort
« Reply #1788 on: July 28, 2020, 01:52:46 AM »
Deciding to make the most of the work from home mandate starting from tomorrow we will be house sitting for a friend for 10 days by the coast in Dorset, followed by a week in Croyde Bay, North Devon and then one month in an Airbnb apartment in Deauville Normandy.

Thatís assuming france doesnít have another lockdown.

Some of my colleagues are doing the same, one couple drove to Germany for a month, again in Airbnb right by mountains and lakes, cycling every morning and evening.

Lockdown has really given us a taste of retirement life.

Iím even thinking I could easily carry on working remotely like this if the opportunity is there...


WYOGO

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Re: 2020 FIRE Cohort
« Reply #1789 on: July 29, 2020, 01:03:12 PM »
Put me down as retired.

I was planning to go in November with a small chance of extending to February, but the company didn't know that.  They recently came out with a number of early retirement and leave options.  The one I got pays me 60% of my full time income for two years with same company medical, vacation, sick leave, and company 401k contribution plus a few other active employee benefits.  No work required or desired of me.

Then officially retired, with two additional years of company medical paid for, then company discounted medical offered until 65.

And, potentially biggest of all, my pension will continue to accrue years of service for these two years of no work, which will result in it being about 15% higher than if I had retired as planned this November.

All this sounds braggy, but this is the only place where I could tell it.  It's all just a windfall due to Covid and I'm somewhat conflicted as to how to feel about it. 

Anyway, although I'm officially on the company's books for two more years it's irrevocable and I won't be working for them again, so please put CONFIRMED by my name.

Wow, a great package. Congrats on getting that.

Agreed! Impressive. I'd be gone too. As it stands right now, I am very much in demand in a flourishing field unfortunately.

Still on a 2020 track for an 11/6 departure nonetheless, but have applied for a new job within. I honestly don't care either way, though I will likely extend the date if I get the job.

Has the pandemic delayed things for many? Obviously it has positively accelerated it for some.

Dicey

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Re: 2020 FIRE Cohort
« Reply #1790 on: July 29, 2020, 02:13:35 PM »
Put me down as retired.

I was planning to go in November with a small chance of extending to February, but the company didn't know that.  They recently came out with a number of early retirement and leave options.  The one I got pays me 60% of my full time income for two years with same company medical, vacation, sick leave, and company 401k contribution plus a few other active employee benefits.  No work required or desired of me.

Then officially retired, with two additional years of company medical paid for, then company discounted medical offered until 65.

And, potentially biggest of all, my pension will continue to accrue years of service for these two years of no work, which will result in it being about 15% higher than if I had retired as planned this November.

All this sounds braggy, but this is the only place where I could tell it.  It's all just a windfall due to Covid and I'm somewhat conflicted as to how to feel about it. 

Anyway, although I'm officially on the company's books for two more years it's irrevocable and I won't be working for them again, so please put CONFIRMED by my name.
My walking partner is [something] in our city. Recently, she was telling me that the city was going to offer retirement packages to help balance the Covid-turned-upside-down budget. She explained the details of how it's going to work. For a moment, I felt a sharp pang of envy for those lucky individuals. Then I remembered I've been FIRE since 2012...
Interestingly, some departments have strict limits on how many people can take the offer. Otherwise, their ranks would be decimated. I'll bet there are some secret mustachians in those groups.

HappyCheerE

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Re: 2020 FIRE Cohort
« Reply #1791 on: August 01, 2020, 04:04:57 PM »
I only have ONE WEEK left!!! So very excited! I will be continuing 3-10 hours a week on my own schedule/on demand, which is absolutely perfect for me. That means our withdrawal rate will probably be only about 3% or less - very reassuring. I hope everything is going smoothly for everyone else!

ItsALongStory

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Re: 2020 FIRE Cohort
« Reply #1792 on: August 02, 2020, 07:50:18 AM »
Turned in my notice yesterday, final day September 11th but still have 3 weeks of time off and 2 weeks of sick leave left. I doubt I'll take the sick leave but should take at least half of the time off.

SugarMountain

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Re: 2020 FIRE Cohort
« Reply #1793 on: August 03, 2020, 11:16:00 PM »
Update: today was my last day. I successfully negotiated a severance.

Dicey

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Re: 2020 FIRE Cohort
« Reply #1794 on: August 03, 2020, 11:46:06 PM »
Update: today was my last day. I successfully negotiated a severance.
Well, that's quite a cliffhanger!

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1795 on: August 04, 2020, 12:38:49 AM »
Update: today was my last day. I successfully negotiated a severance.

Congrats on your retirement and with package.

Rcc

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Re: 2020 FIRE Cohort
« Reply #1796 on: August 04, 2020, 12:31:27 PM »
Hey everyone, just swinging by to say hello.

Everyone here is healthy and well, firstly. Despite the events of the first half of the year, we did hit FI in APR-May. As our son hasnít finished college yet, and other factors I mentioned upthread - Iím going to hang out in my low risk, low stress gig for now. COVID has turned it from a ďexplain why you want to WFHĒ to mandatory ďwork from anywhereĒ gig.

Linea would you be kind enough to flag me as a SWAMI?

Lucky13

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Re: 2020 FIRE Cohort
« Reply #1797 on: August 04, 2020, 05:08:37 PM »
Gave my notice today! yay!

Surprisingly my boss volunteered to take on most of the work related to transitioning my work and finding a replacement, so my last few weeks will be easier than I expected. Haven't told the folks that I'm managing yet, but now that things are set in motion there's no going back, so the hardest part is over. I am so relieved, and excited!

SugarMountain

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Re: 2020 FIRE Cohort
« Reply #1798 on: August 04, 2020, 11:02:25 PM »
Update: today was my last day. I successfully negotiated a severance.
Well, that's quite a cliffhanger!

I guess it did leave a few details out. Long version:
-Two years ago I tried to quit but got talked into changing roles. Moved out of management, which was great, but I knew it was only a stop gap.
-Last year I thought about leaving but decided to stick it out for OMY.
-This year I made it through stock vesting and heard there were layoffs happening in some parts of the company.
-Talked to my boss about potentially getting a package. He said there were layoffs, but the list had already been submitted. He said he'd ask but it was a long shot. But he and his bosses were able to make it happen after all. I didn't know when until late last week and we had our separation meeting yesterday. I've been there a long time so severance was decent and completely unexpected. (At that first meeting a month ago my plan was to resign if I couldn't get a package.) I almost didn't ask for it because I thought no way would they give it to me, but it's a reminder that thems that asks gets. And by not doing it the financial samurai way, my bosses still like me and have told me that if I ever want to come back to let them know, which is nice. I'm very grateful to them.

So tl;dr version: did T(wo)MY after being FI, asked for and received severance and am now done working for the man. It still has not sunk in.

MarcherLady

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Re: 2020 FIRE Cohort
« Reply #1799 on: August 05, 2020, 12:53:26 AM »
Hi Rcc & congratulations Lucky13!

SugarMountain, that's inspiring news. I have my meeting with my boss today to ask about packages. I'm a little nervous - not sure why, I plan to resign if she can't get me anything and so what's the worst that can happen!