Author Topic: 2020 FIRE Cohort  (Read 541833 times)

Trifle

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Re: 2020 FIRE Cohort
« Reply #1850 on: August 31, 2020, 03:51:38 AM »
I did it!!!
Friday the 28th was my last day!   I walked in the office bldg, cranked out some emails, status reports, and made a list of outstanding issues for my manager.
Also, spent some time in the lab doing actual work.
  Exit meeting at 12:30PM and out the door.

It is surreal.  It hasn't sunk in because it's the weekend anyway.  I think when Monday comes around I will start to appreciate it.

No more checking work email all hours of the day ....   3-5 meetings a day ....arbitrary milestones ... etc.

OMG ...

Congratulations @albireo13!!!!!  Very well deserved.  May your decompression be smooth and short, may you sleep like a baby, and may you soon find your new groove.  :)

Farmgirl

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Re: 2020 FIRE Cohort
« Reply #1851 on: August 31, 2020, 05:43:24 AM »
I got my marching orders to train my replacement for the next 22 work days.  Boss says not to "overwhelm" her and only give her one new thing every 3 days.  So that means she will only learn 7 things before I go.

I think "overwhelm" means that my replacement goes screaming into the parking lot when the poor thing realizes what a mess she just got herself into.  Too bad.  She seems nice.

In other news, the company is paying out 18.5 days of vacation into October.  That will tide me over nicely until we get our first SS check.

It probably means that you have been working like a super woman. Poor replacement. Just try to teach her the things that you think only you know. And enjoy your vacation. It is not your problem to train your replacement.

I'm just taking it one day at a time.  I can't wait to leave. 

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1852 on: September 01, 2020, 10:13:31 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
04/15/20  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                         SWAMI     
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)
07/??/20 or later 20  MMM123
07/??/20  bas5252 (@55)
07/??/20  SpreadsheetMan
08/03/20  SugarMountain               CONFIRMED (negotiated severance package)
08/07/20  HappyCheerE (@55)           CONFIRMED
08/11/20  rab-bit's wife              CONFIRMED
08/14/20  BeanCounter @42             CONFIRMED
08/28/20  Albireo13 (@64)             CONFIRMED
08/28/20  MoneyTree's wife            CONFIRMED
08/31/20  fishnfool                   CONFIRMED (Accepted package from employer)
08/31/20  FrugalAussie (@54)          Given notice
09/01/20  RetireAbroadAt35
09/04/20  Lucky13 (@44)               CONFIRMED
09/06/20  APowers (@31)               CONFIRMED COAST FIRE
09/09/20  ItsALongStory (@39)         CONFIRMED
09/17/20  Dan23                       CONFIRMED
09/30/20  MarcherLady
09/30/20  Fresh Bread's husband
09/30/20  CoffeeAndDonuts             Given notice to employee
09/30/20  Farmgirl (@61)              Given notice
10/01/20  apurplelife                 Given Notice
10/02/20  CptCool                     CONFIRMED
10/02/20  FirePaddle (@41)            Given notice
10/15/20  Unique User (@50)
11/06/20  WYOGO
11/10/20  exit2019
11/20/20  Alternatepriorities
12/01/20  FireLane (@38)
12/11/20  Freedomsaver (@38)
12/14/20  Megs123                     Given notice
12/18/20  bownyboy
12/31/20  Freedomin5 (@38)
12/31/20  Bateaux
12/31/20  Chris@TTL + Jenni
12/31/20  honneyfill (or earlier)
12/31/20  2sk22 (parttime out 2020)   Given notice
12/??/20  david_shin   
12/??/20  MoneyTree (@36)   
12/??/20  Nora (@42)   
12/??/20  TheFIExplorer
??/??/20  texxan1
??/??/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)
Rubyvroom
   
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.
EscapeVelocity2020 (FI in 2020, but will not RE)
BFGirl (2 more years, WFH)

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: September 25, 2020, 09:56:31 PM by Linea_Norway »

apurplelife

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Re: 2020 FIRE Cohort
« Reply #1853 on: September 01, 2020, 12:08:49 PM »
I gave my notice today! My last day is 10/1. This is happening!!!

joleran

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Re: 2020 FIRE Cohort
« Reply #1854 on: September 01, 2020, 12:53:49 PM »
I gave my notice today! My last day is 10/1. This is happening!!!

Congratulations!  My hat is now in the ring for 2020 as well since I gave a "part time or I quit" notice.

RedefinedHappiness

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Re: 2020 FIRE Cohort
« Reply #1855 on: September 02, 2020, 05:56:32 AM »
Congratulations!  How did this ultimatum go down?  Did you lead with "part time or I quit"?  Or did you request part time and then add the " or I quit" after getting a no? Or after getting hesitation?

Been thinking about this option myself.

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1856 on: September 02, 2020, 12:05:44 PM »
I gave my notice today! My last day is 10/1. This is happening!!!

Congrats. Only one month left!

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1857 on: September 02, 2020, 12:09:33 PM »
@fishnfool and @FrugalAussie, I guess you two are confirmed? Congrats in that case.

@RetireAbroadAt35 and @rab-bit's wife, how is you status if you like to share it?

rab-bit

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Re: 2020 FIRE Cohort
« Reply #1858 on: September 02, 2020, 12:50:37 PM »
@fishnfool and @FrugalAussie, I guess you two are confirmed? Congrats in that case.

@RetireAbroadAt35 and @rab-bit's wife, how is you status if you like to share it?

DW's last day was August 11th - we are both free now!
« Last Edit: September 02, 2020, 12:52:20 PM by rab-bit »

joleran

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Re: 2020 FIRE Cohort
« Reply #1859 on: September 02, 2020, 01:50:32 PM »
Congratulations!  How did this ultimatum go down?  Did you lead with "part time or I quit"?  Or did you request part time and then add the " or I quit" after getting a no? Or after getting hesitation?

Been thinking about this option myself.

I mentioned part time after asking for a sabbatical, both were denied but I got a paid month off.  A few weeks back and now I'm being very straightforward and telling them I don't need to work anymore, want part time, and if it's not granted I really appreciate having the opportunity.

MoneyTree

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Re: 2020 FIRE Cohort
« Reply #1860 on: September 02, 2020, 04:14:50 PM »
Lots of changes for us. DW's last day was 8/28. Also found out not too long ago that baby #2 is on the way! (Coincidentally on the exact same day we hit our "Lean FI" number. Wasn't Lean FI for very long at all!)

I'm thinking that I will most likely OMY given all the life changes coming up.

joleran

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Re: 2020 FIRE Cohort
« Reply #1861 on: September 02, 2020, 07:54:14 PM »
Lots of changes for us. DW's last day was 8/28. Also found out not too long ago that baby #2 is on the way! (Coincidentally on the exact same day we hit our "Lean FI" number. Wasn't Lean FI for very long at all!)

I'm thinking that I will most likely OMY given all the life changes coming up.

Wooo, baby life!  Can't wait to see how #2 works with #1 myself.

RedefinedHappiness

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Re: 2020 FIRE Cohort
« Reply #1862 on: September 03, 2020, 06:16:55 AM »
Congratulations!  How did this ultimatum go down?  Did you lead with "part time or I quit"?  Or did you request part time and then add the " or I quit" after getting a no? Or after getting hesitation?

Been thinking about this option myself.

I mentioned part time after asking for a sabbatical, both were denied but I got a paid month off.  A few weeks back and now I'm being very straightforward and telling them I don't need to work anymore, want part time, and if it's not granted I really appreciate having the opportunity.

Thanks for sharing.  I'm curious how this ends up!  Good luck!

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1863 on: September 03, 2020, 01:39:44 PM »
Lots of changes for us. DW's last day was 8/28. Also found out not too long ago that baby #2 is on the way! (Coincidentally on the exact same day we hit our "Lean FI" number. Wasn't Lean FI for very long at all!)

I'm thinking that I will most likely OMY given all the life changes coming up.

Somehow I don't think lean FIRE and baby don't combine that well, although their are cheap (and good) ways to raise a child. Good luck.

joleran

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Re: 2020 FIRE Cohort
« Reply #1864 on: September 04, 2020, 08:25:22 PM »
Somehow I don't think lean FIRE and baby don't combine that well, although their are cheap (and good) ways to raise a child. Good luck.

Huh, why do you think so?  Haven't seen any particular big costs for them (though I can see medical stuff potentially).

Freedomin5

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Re: 2020 FIRE Cohort
« Reply #1865 on: September 05, 2020, 03:21:17 AM »
Somehow I don't think lean FIRE and baby don't combine that well, although their are cheap (and good) ways to raise a child. Good luck.

Huh, why do you think so?  Haven't seen any particular big costs for them (though I can see medical stuff potentially).

For us, it was medical co-pays for check ups and immunizations and diapers (or laundry detergent to wash cloth diapers). Once kiddo was older, we had to feed her more food (no more free breastfeeding), and there costs for uniforms (purchased used), field trips, extracurricular classes and activities. We try to go with the cheaper option, but it still adds up. Every time we take a flight, it’s three tickets instead of two. It’s not a ton of money, but raising another person does cost more than if that person did not exist.

MoneyTree

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Re: 2020 FIRE Cohort
« Reply #1866 on: September 06, 2020, 04:43:14 PM »
Somehow I don't think lean FIRE and baby don't combine that well, although their are cheap (and good) ways to raise a child. Good luck.

Huh, why do you think so?  Haven't seen any particular big costs for them (though I can see medical stuff potentially).

well, Lean FIRE is by definition, lean. There is no fat, otherwise it would be regular FIRE or Fat FIRE. Although I agree that raising a child does not need to be insanely expensive as the mainstream media makes it out to be, it will increase my yearly expenses by some amount that now needs to be accounted for in my planning.

Plus, with little kids, you can't ask them to suck it up and be willing to flex their frugality muscles to the same degree that I can. for example, if it were just me, I could tough it out without AC in my home on a hot summer day. But with a 3 month old who is not sleeping and possibly getting overheated, yeah...i'm going to get the AC unit.

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1867 on: September 07, 2020, 11:26:34 AM »
Somehow I don't think lean FIRE and baby don't combine that well, although their are cheap (and good) ways to raise a child. Good luck.

Huh, why do you think so?  Haven't seen any particular big costs for them (though I can see medical stuff potentially).


For us, it was medical co-pays for check ups and immunizations and diapers (or laundry detergent to wash cloth diapers). Once kiddo was older, we had to feed her more food (no more free breastfeeding), and there costs for uniforms (purchased used), field trips, extracurricular classes and activities. We try to go with the cheaper option, but it still adds up. Every time we take a flight, it’s three tickets instead of two. It’s not a ton of money, but raising another person does cost more than if that person did not exist.

Thank you for answering. I thought as a childless person, I was not the best suited to answer this.

Freedomin5

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Re: 2020 FIRE Cohort
« Reply #1868 on: September 07, 2020, 02:46:43 PM »
Somehow I don't think lean FIRE and baby don't combine that well, although their are cheap (and good) ways to raise a child. Good luck.

Huh, why do you think so?  Haven't seen any particular big costs for them (though I can see medical stuff potentially).


For us, it was medical co-pays for check ups and immunizations and diapers (or laundry detergent to wash cloth diapers). Once kiddo was older, we had to feed her more food (no more free breastfeeding), and there costs for uniforms (purchased used), field trips, extracurricular classes and activities. We try to go with the cheaper option, but it still adds up. Every time we take a flight, it’s three tickets instead of two. It’s not a ton of money, but raising another person does cost more than if that person did not exist.

Thank you for answering. I thought as a childless person, I was not the best suited to answer this.

One of the biggest costs is childcare, either due to actually paying someone to care for your child or due to loss of potential income if one spouse stops working to care for the child. I didn’t include it in my original response because I was assuming both parents were FIRE.

APowers

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Re: 2020 FIRE Cohort
« Reply #1869 on: September 07, 2020, 10:41:10 PM »
I posted over in the other thread, but I guess I need to post in here too. Yay!

My FIRE goal has been "by the time I'm 35" since forever, and here I am at coast/barista FIRE at not-quite 32.

Trifle

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Re: 2020 FIRE Cohort
« Reply #1870 on: September 08, 2020, 05:21:02 AM »
I posted over in the other thread, but I guess I need to post in here too. Yay!

My FIRE goal has been "by the time I'm 35" since forever, and here I am at coast/barista FIRE at not-quite 32.

Congratulations @APowers !!  Very well done.   

I've been a huge fan of yours since your epic grocery spending thread -- https://forum.mrmoneymustache.com/share-your-badassity/have-a-sub-$200month-grocery-budget/.  You're the man!

BeanCounter

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Re: 2020 FIRE Cohort
« Reply #1871 on: September 08, 2020, 02:32:49 PM »
Somehow I don't think lean FIRE and baby don't combine that well, although their are cheap (and good) ways to raise a child. Good luck.

Huh, why do you think so?  Haven't seen any particular big costs for them (though I can see medical stuff potentially).

well, Lean FIRE is by definition, lean. There is no fat, otherwise it would be regular FIRE or Fat FIRE. Although I agree that raising a child does not need to be insanely expensive as the mainstream media makes it out to be, it will increase my yearly expenses by some amount that now needs to be accounted for in my planning.

Plus, with little kids, you can't ask them to suck it up and be willing to flex their frugality muscles to the same degree that I can. for example, if it were just me, I could tough it out without AC in my home on a hot summer day. But with a 3 month old who is not sleeping and possibly getting overheated, yeah...i'm going to get the AC unit.
As a newly FIRED parent of two kids (7 & 11) I feel pretty qualified to answer this question. Excluding childcare, through the baby-toddler-preschool phase it’s pretty easy to be frugal. They just don’t need much, and you don’t feel bad for not signing them up for fancy classes and sports. Although our eldest child did require some custom orthotics and about a year of PT that got expensive pretty fast.
Anyway once they get into school, it’s a whole different ballgame. Today for example I wrote $185 check for band instructor fees, $90 check for Boy Scout climbing trip and scheduled an appointment for an orthodontist consult. And that’s just for one kid, during a pandemic, so really just a tip of the iceberg really. If we had lean FIRED five or six years ago I would have had no idea what those expenses would be. I just knew we needed to have a god solid cushion for this type of stuff. There are folks that are comfortable with limiting their kids activities and experiences because of budget, I’m not one of them. Not when we are able to go out and make good money.

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1872 on: September 09, 2020, 05:25:49 AM »
I posted over in the other thread, but I guess I need to post in here too. Yay!

My FIRE goal has been "by the time I'm 35" since forever, and here I am at coast/barista FIRE at not-quite 32.

Congratulations @APowers !!  Very well done.   

I've been a huge fan of yours since your epic grocery spending thread -- https://forum.mrmoneymustache.com/share-your-badassity/have-a-sub-$200month-grocery-budget/.  You're the man!

Congrats, and at such a young age. You probably did it through a badass cheap groceries habit.

bownyboy

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Re: 2020 FIRE Cohort
« Reply #1873 on: September 10, 2020, 12:46:05 AM »
Found out that the company I’m currently contracting at has said no one needs to go back to the office until at least January 2021 (my contract finishes end of December 2020).

I’m delighted as WFH has been great for me (I appreciate many others have struggled) due to not having to suffer 2-3 hours commute every day.

99 days to go...


Much Fishing to Do

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Re: 2020 FIRE Cohort
« Reply #1874 on: September 10, 2020, 06:20:19 AM »
Found out that the company I’m currently contracting at has said no one needs to go back to the office until at least January 2021 (my contract finishes end of December 2020).

I’m delighted as WFH has been great for me (I appreciate many others have struggled) due to not having to suffer 2-3 hours commute every day.

99 days to go...

Wow, that is quite the commute improvement.  Way to coast into the finish.....

2sk22

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Re: 2020 FIRE Cohort
« Reply #1875 on: September 14, 2020, 01:29:36 PM »
Ok I'm done :-) I had posted my experiences a few weeks ago, the first attempt to leave did not go well. This time, things went much better. I finally got my company to let me go part-time till the end of the year and then I get to leave. So the countdown clock is ticking - feels like a burden has been lifted!

LightTripper

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Re: 2020 FIRE Cohort
« Reply #1876 on: September 14, 2020, 04:42:56 PM »
Congratulations!!  Hope it's a smooth exit!

Lucky13

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Re: 2020 FIRE Cohort
« Reply #1877 on: September 14, 2020, 05:46:57 PM »
My first Monday of freedom! (last Monday was a national holiday so I would have had it off anyway)

It's only 1 week into my early retirement and already I have a new project that I'm engrossed in. It feels great to be spending my days doing something that *I* think is fun and rewarding. I was prepared to just chill out and do nothing for a few weeks, or months, since I'd read here that many people need some serious decompression time. But whatever burnout that I was experiencing at my job seems to have disappeared... almost like waking up from a bad dream, it's kind of surreal.

fishnfool

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Re: 2020 FIRE Cohort
« Reply #1878 on: September 14, 2020, 08:48:47 PM »
@fishnfool and @FrugalAussie, I guess you two are confirmed? Congrats in that case.

@RetireAbroadAt35 and @rab-bit's wife, how is you status if you like to share it?

Yep, retired 2 weeks ago and enjoying every minute!

Aloha

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1879 on: September 15, 2020, 12:33:12 AM »
Ok I'm done :-) I had posted my experiences a few weeks ago, the first attempt to leave did not go well. This time, things went much better. I finally got my company to let me go part-time till the end of the year and then I get to leave. So the countdown clock is ticking - feels like a burden has been lifted!

Well done. And with parttime work you have a smooth transition for yourself.

CptCool

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Re: 2020 FIRE Cohort
« Reply #1880 on: September 16, 2020, 03:37:02 PM »
I was originally planning on being done 4/1/2020 but due to the pandemic disrupting our travel plans for immediately after FIREing I delayed it indefinitely. However, my partner and I both just gave notice this week so our last day will be on 10/2/2020!

Travel plans are still on hold, but we are itching to be done anyways. @Linea_Norway go ahead and mark me down as confirmed!

ItsALongStory

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Re: 2020 FIRE Cohort
« Reply #1881 on: September 16, 2020, 07:09:50 PM »
I have officially taken off on September 9th.

dan23

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Re: 2020 FIRE Cohort
« Reply #1882 on: September 17, 2020, 01:23:34 PM »
Confirmed for me.

FirePaddle

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Re: 2020 FIRE Cohort
« Reply #1883 on: September 17, 2020, 02:30:08 PM »
Add me to the class of 2020.

I did it. I've put in my notice, last day is Oct 2nd. I'm giving up a pretty sweet part time deal I've enjoyed the last year, Tues-Thurs at professional level salary, but the work was just not enjoyable any longer. Most days were annoying or boring. It's a bit scary doing it this year, given all the uncertainties, but I believe the future has always been uncertain! DW will still be working, which is a nice buffer, but I'm sure she'll be considering the possibilities that RE offers very soon. I'm still obviously wrapping things up these last 2 weeks, documenting stuff and whatnot, so it has not fully sunk in yet, but the joy is bubbling up, and the stress is fading more each day.

I've worked in a professional capacity for 15 years. I'm 41 now. As a team, we've saved a lot, anywhere from 34-40x expenses,  depending on if you include current value of future pensions and SS in there. Home is almost paid off, we could do that tomorrow. Typing those numbers now, this seems extremely safe, like pandemic safe.

Here's to the future!

lemanfan

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Re: 2020 FIRE Cohort
« Reply #1884 on: September 17, 2020, 10:46:17 PM »
To the future!

markbike528CBX

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Re: 2020 FIRE Cohort
« Reply #1885 on: September 17, 2020, 11:14:01 PM »
To the future!

To the future! and beyond!    - sorry, my Buzz Lightyear kicked in.   As well as the thread 2M+ and beyond thread.

EscapeVelocity2020

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Re: 2020 FIRE Cohort
« Reply #1886 on: September 17, 2020, 11:17:30 PM »
Not to be a Debbie Downer, but I'm officially out for this cohort.  I had my chance to request ER-severance during the latest downsizing and turned it down.  I've had a really interesting month WFH, but the work has gotten better and the kids are going back to school at the end of September.  Honestly, I can't think of a better situation than a SAH spouse that substitute teaches when it works for us, kids at school, and now my WFH job that I can do in half (or less) the time and still get all the pay!  And heck, if I get a mandatory severance package, then I guess I'll stop working, eh?  I just don't think I'll get one this year since I'm still kicking some butt.  I like what I do and, after a brisk jog every morning, enjoy sipping on coffee and doing it for 4 or so hours...

So I hit EscapeVelocity in 2020 - sustainable FI forever - but don't know what to do next!  It's an interesting philosophical situation.  ER sounded so good when I was on the surface, working toward this.  But nowadays, personally, I'm not quite so excited by that construct.
« Last Edit: September 17, 2020, 11:19:32 PM by EscapeVelocity2020 »

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1887 on: September 18, 2020, 12:56:35 AM »
Not to be a Debbie Downer, but I'm officially out for this cohort.  I had my chance to request ER-severance during the latest downsizing and turned it down.  I've had a really interesting month WFH, but the work has gotten better and the kids are going back to school at the end of September.  Honestly, I can't think of a better situation than a SAH spouse that substitute teaches when it works for us, kids at school, and now my WFH job that I can do in half (or less) the time and still get all the pay!  And heck, if I get a mandatory severance package, then I guess I'll stop working, eh?  I just don't think I'll get one this year since I'm still kicking some butt.  I like what I do and, after a brisk jog every morning, enjoy sipping on coffee and doing it for 4 or so hours...

So I hit EscapeVelocity in 2020 - sustainable FI forever - but don't know what to do next!  It's an interesting philosophical situation.  ER sounded so good when I was on the surface, working toward this.  But nowadays, personally, I'm not quite so excited by that construct.

Still, being FI is a good situation to be in. And when you ever get a toxic situation at work, you might change your mind. Good luck.

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1888 on: September 18, 2020, 12:57:34 AM »
Add me to the class of 2020.

I did it. I've put in my notice, last day is Oct 2nd. I'm giving up a pretty sweet part time deal I've enjoyed the last year, Tues-Thurs at professional level salary, but the work was just not enjoyable any longer. Most days were annoying or boring. It's a bit scary doing it this year, given all the uncertainties, but I believe the future has always been uncertain! DW will still be working, which is a nice buffer, but I'm sure she'll be considering the possibilities that RE offers very soon. I'm still obviously wrapping things up these last 2 weeks, documenting stuff and whatnot, so it has not fully sunk in yet, but the joy is bubbling up, and the stress is fading more each day.

I've worked in a professional capacity for 15 years. I'm 41 now. As a team, we've saved a lot, anywhere from 34-40x expenses,  depending on if you include current value of future pensions and SS in there. Home is almost paid off, we could do that tomorrow. Typing those numbers now, this seems extremely safe, like pandemic safe.

Here's to the future!

Welcome.

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1889 on: September 18, 2020, 12:57:56 AM »

Farmgirl

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Re: 2020 FIRE Cohort
« Reply #1890 on: September 18, 2020, 05:38:45 AM »
They hired my replacement on September 1 and I have been doing training with her.
As a result, I have adjusted my final work schedule a bit.  She is doing well on the day-to-day stuff, it's just monthend (Accounting people will know what I'm talking about) that is still tough.  So I made arrangements to take a few oddball vacation days and trade October 1 & 2 for comp days next Monday and Tuesday.  Next week I work 2 days.  My final week I work 3 days.

I am so ready to go, and nervous as well.  I'll get over it I'm sure. 

That's it from me for now.  Will check in again after the plug is officially pulled.

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1891 on: September 22, 2020, 01:06:19 AM »
@FrugalAussie, @RetireAbroadAt35 and @Lucky13, can I put you down as confirmed?

BFGirl

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Re: 2020 FIRE Cohort
« Reply #1892 on: September 24, 2020, 07:34:08 AM »
It looks like 2020 will not work for for a multitude of reasons, mainly because of COVID and not being as much of an empty nester as hoped.  I will likely be 2MY.  Congratulations to everyone who will retire in 2020!

Edited to add:  Fortunately, I've been able to work mostly from home during the pandemic and my boss seems willing to allow for more WFH even after the pandemic.
« Last Edit: September 24, 2020, 07:39:24 AM by BFGirl »

EscapeVelocity2020

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Re: 2020 FIRE Cohort
« Reply #1893 on: September 24, 2020, 09:19:47 AM »
Not to be a Debbie Downer, but I'm officially out for this cohort.  I had my chance to request ER-severance during the latest downsizing and turned it down.  I've had a really interesting month WFH, but the work has gotten better and the kids are going back to school at the end of September.  Honestly, I can't think of a better situation than a SAH spouse that substitute teaches when it works for us, kids at school, and now my WFH job that I can do in half (or less) the time and still get all the pay!  And heck, if I get a mandatory severance package, then I guess I'll stop working, eh?  I just don't think I'll get one this year since I'm still kicking some butt.  I like what I do and, after a brisk jog every morning, enjoy sipping on coffee and doing it for 4 or so hours...

So I hit EscapeVelocity in 2020 - sustainable FI forever - but don't know what to do next!  It's an interesting philosophical situation.  ER sounded so good when I was on the surface, working toward this.  But nowadays, personally, I'm not quite so excited by that construct.

Still, being FI is a good situation to be in. And when you ever get a toxic situation at work, you might change your mind. Good luck.

Thanks for maintaining this cohort.  I'm not sure if working for a Norwegian company, things will suddenly change!  Seems like things are pretty stable and I'm very appreciative of the Norwegian outlook on what work and life should look like. 

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1894 on: September 24, 2020, 02:44:27 PM »
Not to be a Debbie Downer, but I'm officially out for this cohort.  I had my chance to request ER-severance during the latest downsizing and turned it down.  I've had a really interesting month WFH, but the work has gotten better and the kids are going back to school at the end of September.  Honestly, I can't think of a better situation than a SAH spouse that substitute teaches when it works for us, kids at school, and now my WFH job that I can do in half (or less) the time and still get all the pay!  And heck, if I get a mandatory severance package, then I guess I'll stop working, eh?  I just don't think I'll get one this year since I'm still kicking some butt.  I like what I do and, after a brisk jog every morning, enjoy sipping on coffee and doing it for 4 or so hours...

So I hit EscapeVelocity in 2020 - sustainable FI forever - but don't know what to do next!  It's an interesting philosophical situation.  ER sounded so good when I was on the surface, working toward this.  But nowadays, personally, I'm not quite so excited by that construct.

Still, being FI is a good situation to be in. And when you ever get a toxic situation at work, you might change your mind. Good luck.

Thanks for maintaining this cohort.  I'm not sure if working for a Norwegian company, things will suddenly change!  Seems like things are pretty stable and I'm very appreciative of the Norwegian outlook on what work and life should look like.

First example, I used to work at the same company for 12 years. Obviously it was an alright working environment. But at a certain moment our owners brought in an interim management group. Our new boss created a toxic environment. After just one meeting, one person resigned, one went speaking to the CEO, and I went speaking to the HR manager, all without knowing about each other. That episode made me looking for another job.

Second example, my last job was okay for the first few years. But the last few years, the working pressure for everyone in my department became very high and I could see people were not having a good time. I myself developed mild starting dementia symptoms because of stress. Not toxic, but a very unhealthy situation.

Third example was DH's job before the last corporate change. DH lead a group of people and they were all under too high working pressure. When DH discussed this with his boss, boss said to tighten the seatbelts, because it would only get worse the next years. There were many more issues with this boss. Luckily it got solved thanks to other people in the large company.

Forth example was DH's job a couple of jobs before. Things were looking fine, only some offices weren't making good money. Suddenly one day DH was fired, without any warning. All the bad finances from other offices were written onto DH's office (creative accounting).

I don't believe in stability anymore. Another example that influenced my work life a lot was the closing down of our local train station on walking distance, giving me a 45 minute longer commute per day. And I already had a 2 hour commute. That caused me an immense amount of stress and anger/depression.

I now think that every given thing in life could change for the worse at any moment: our health, our relationship, things in the neighbourhood, etc. Be happy as long as it lasts.

Lucky13

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Re: 2020 FIRE Cohort
« Reply #1895 on: September 25, 2020, 03:30:11 PM »
@FrugalAussie, @RetireAbroadAt35 and @Lucky13, can I put you down as confirmed?

Yes I'm confirmed! thanks for keeping the list.
Myself and my spouse are both early retired now, it's awesome.

2sk22

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Re: 2020 FIRE Cohort
« Reply #1896 on: September 26, 2020, 07:31:19 AM »
I should be done by the end of next week but the details are still being worked out. Can't wait to confirm :-)

Linea_Norway

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Re: 2020 FIRE Cohort
« Reply #1897 on: September 26, 2020, 02:07:40 PM »
@FR2000EE ,please join the cohort as a 2020 FiREe.
« Last Edit: September 30, 2020, 11:00:33 AM by Linea_Norway »

EscapeVelocity2020

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Re: 2020 FIRE Cohort
« Reply #1898 on: September 26, 2020, 08:04:27 PM »
...
First example, I used to work at the same company for 12 years. Obviously it was an alright working environment. But at a certain moment our owners brought in an interim management group. Our new boss created a toxic environment. After just one meeting, one person resigned, one went speaking to the CEO, and I went speaking to the HR manager, all without knowing about each other. That episode made me looking for another job.

Second example, my last job was okay for the first few years. But the last few years, the working pressure for everyone in my department became very high and I could see people were not having a good time. I myself developed mild starting dementia symptoms because of stress. Not toxic, but a very unhealthy situation.

Third example was DH's job before the last corporate change. DH lead a group of people and they were all under too high working pressure. When DH discussed this with his boss, boss said to tighten the seatbelts, because it would only get worse the next years. There were many more issues with this boss. Luckily it got solved thanks to other people in the large company.

Forth example was DH's job a couple of jobs before. Things were looking fine, only some offices weren't making good money. Suddenly one day DH was fired, without any warning. All the bad finances from other offices were written onto DH's office (creative accounting).

I don't believe in stability anymore. Another example that influenced my work life a lot was the closing down of our local train station on walking distance, giving me a 45 minute longer commute per day. And I already had a 2 hour commute. That caused me an immense amount of stress and anger/depression.

I now think that every given thing in life could change for the worse at any moment: our health, our relationship, things in the neighbourhood, etc. Be happy as long as it lasts.

Thanks for the info.  I should definitely practice gratitude being aware that there are some people really suffering out there.   Just the other day, I was talking to an older colleague taking a voluntary severance package, and those folks have been given the latitude to choose their exit date.  Our office isn't re-opening until next year, and folks are 'working' up until that date or a little longer.  One colleague is taking 9 months until they get their package, which is really generous, especially since the package includes almost 3 years of salary and 6 months of healthcare (which is a big expense here in the US, at least until your income drops).  Unfortunately, folks that get involuntary severance will basically have to turn in their laptops and phones the day it is announced and take the package, but that's they way it needs to be I guess. 

2sk22

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Re: 2020 FIRE Cohort
« Reply #1899 on: September 30, 2020, 08:08:33 AM »
The big moment has finally arrived - as of tomorrow I'm finally done with work!