How many of you are set on a date and how many a nest egg number (and the number should be hit around xx date)? I know the two are linked, but there seems to be different mind sets between the two.
We have a number we want to be close to and a general idea of when that may occur, but our dates are set for specific reasons. If markets tank before then, we'll reevaluate the timing.
We have a free auto lease through my SO's employer and the lease ends October 2019, so that will be my SO's FIRE date so we don't need to worry about extending the lease or purchasing a second vehicle. He'll be getting our house ready to sell that fall/winter for a potential spring listing, and he'll be covered under my health insurance.
My date will be June 5, 2020. I chose that date for a number of reasons: 1) our wedding anniversary is June 11, so I want to FIRE before then, 2) our bonuses pay out in mid-April, so I won't FIRE before that check clears the bank, 3) our vacation payout is based on your current wage, and raises go out mid-April, so I don't want to give notice before then and risk getting a shitty raise, 4) I have to give a month notice at my level, so that puts me to at least mid-May, 5) a colleague on my team takes the last two weeks of Ramadan as vacation so I intend to work through her vacation and allow a bit of overlap after she returns so she isn't scrambling, which pushes me out till after Memorial Day, 6) my health insurance covers me through the entire month I terminate, so earlier in the month is obviously a better time to quit, which makes early June appealing. So my plan is to put in my notice either Friday May 1 or Monday May 4 and give 5 weeks notice, because that colleague of mine that celebrates Ramadan is a close friend and I really want her to get her vacation time before things get hectic.
Side note: have you all noticed the gd market run up this month? I don't even want to talk about it, it seems completely unreal. It's like, 3 months worth of my estimated annual gains in one month. I love it but damn it makes me nervous!