Author Topic: 2021 FIRE Cohort  (Read 353971 times)

The 585

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Re: 2021 FIRE Cohort
« Reply #1050 on: April 09, 2021, 02:46:50 PM »
My final day has been pushed pack a week for out-processing an all that stuff (May 10th now) -- but regardless, only a month away now!

Need2Save

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Re: 2021 FIRE Cohort
« Reply #1051 on: April 10, 2021, 08:07:29 AM »
Hello friends. Checking in on our progress.  We both ended up giving notice this week, although it wasn't originally planned that way. DH's boss was on PTO on the day he planned to have the talk last week. Both of our bosses were surprised, but reacted in different ways.  Definitely mixed emotions on my part and I have honestly been irrationally emotional when talking to some coworkers even though I'm 1,000% sure I'm doing the right thing for my own self and my own life. 

DH's last day will be April 30. My tentative last day is May 21 (I agreed to possibly help out a little after if they haven't made progress in finding a replacement. This only makes sense since I'm not that busy right now, still working from home, and it's sort of a light time of year with work load so is pretty easy for me - and easy money right now).  BTW...We are both 48.

I appreciate everyone's comments about having 'something to retire to'. My personal plans are very vague, other than travel more, exercise more, spend more time with family. I'm not locking myself in to certain hobbies or interests and want freedom to see what the world presents to spark my creative side. As an ultra-planner, this is putting myself outside my comfort zone and I'm actually enjoying the uncertainty for a change.

To celebrate my giving notice, I took several 'company swag' clothing items that I will never wear again (and likely never wore in the first place) like logo shirts and socks, and cut them up into rags...Cleaned the toilets, dusted with them, etc. It was cathartic.  I'm also having fun declining meeting invites for future dates and deleting emails I don't have to bother with. Lastly, I passed on some of my work clothes to a niece who is working in an office for the first time this summer. Some basics to help her establish her work wardrobe.

Congrats to those that recently took the plunge! 
« Last Edit: April 10, 2021, 08:30:45 AM by Need2Save »

ScreamingHeadGuy

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Re: 2021 FIRE Cohort
« Reply #1052 on: April 10, 2021, 09:54:41 PM »
The roster is updated for everybody through post #1060.

So far we have 91 folks here who will be FIRE in 2021 and 5 have gone OLY into the 2020 Cohort. 

Average age of 2021ers is 45.88 (based on those 66 members who provided an age at FIRE date).  2020 average age was 48.32.  2019 average age was 47.38.

NameAge (at FIRE)FIRE Date
AldiEarly 50s1/23/2020 OLY
CrazyIT563/13/2020 OLY
Mmm_Donuts3/20/2020 OLY
Marcher Lady4912/15/2020 OLY
Zinnie 38 10/22/2020 OLY
     
Matz_70501/1/2021
BikeFanatic551/4/2021Confirmed
Sciurus1/8/2021Confirmed
ScreamingHeadGuy411/22/2021Confirmed
12321351/23/2021Confirmed
moneypitfeeder421/29/2021Confirmed
Sultan581/31/2021Confirmed
fireflye502/1/2021
goat_music_generator272/2/2021Confirmed
dividendman382/5/2021Confirmed
texxan12/15/2021Confirmed
Buffaloski Boris562/28/2021
dreams_and_discoveries39February
fiStressRelief403/1/2021Confirmed
Dreamer40403/3/2021Confirmed
Farfetchd33 3/7/2021Confirmed
skyrefuge433/12/2021Confirmed
TheContinentalOP55 3/19/2021
logjammin393/26/2021
Mrs. Healthywealth423/26/2021Confirmed
Jack0Life ('s wife)March
ronsbusa3504/1/2021Confirmed
HumanAfterAll444/2/2021Confirmed
Trede514/2/2021Confirmed
sailingTowardsFI434/9/2021Confirmed
Abe Froman4/16/2021
simmias474/16/2021
Ottawa494/16/2021
OmgLmg4/16/2021
Tipster350604/16/2021
bluebelle4/30/2021
LightTripper45April
force majeure45April
traveler5/3/2021
Peter Parker5/7/2021
Geographer305/10/2021
Need2Save485/21/2021
CoffeeR5/31/2021
gary341130April/May
WildJager35May
80Westy50May
rightstuff55May
amberfocus36May
phildonnia506/1/2021
ItalianGirl52 6/1/2021
Chaplin476/4/2021
icebox92366/4/2021
Sisto526/7/2021
MoStash536/11/2021
YoungGranny316/30/2021
SheWhoWalksAtLunch566/30/2021
mld33June
crazy jane55June
SunniDJune
Malee5555June
Ladychips557/1/2021
Nazar7/1/2021
JoJo487/9/21
Arbitrage437/10/2021
marque47June/July
CarolinaGirl50July
highlandterrier47July
NorskyJuly
asauer43August
Bownyboy499/7/2021
Well Respected Man569/10/2021
ospreyjp569/27/2021
frugalecon9/30/2021
GBRS36September
the_fixer4910/1/2021
damoOctober
Boyband37October
4tify54October
Money Badger5312/1/2021
Accountant0074812/23/2021
Ulysses Everett McGill5512/31/2021
dblaace60 12/31/2021
NoVa 12/31/2021
effigy9843December
WadimanDecember
mindfulrun43spring
Mrs. Slothspring
lightmyfireJune-Sept
monarda61TBD
aethonan1332TBD
American GenXTBD
lemonlymanTBD
dswTBD
MoneyTreeTBD
exit2019 TBD
justchristineTBD

ScreamingHeadGuy

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Re: 2021 FIRE Cohort
« Reply #1053 on: April 10, 2021, 10:03:46 PM »
Congratulations to the newly-FIREd (since I last checked the forum) @Mrs. Healthywealth, @ronsbusa3 , @Trede , @HumanAfterAll , and @sailingTowardsFI

Here's a call-out to folks on the list who haven't confirmed or given an update on their status (and are maybe enjoying retirement too much to post): @fireflye , @Buffaloski Boris , @dreams_and_discoveries , @TheContinentalOp , @logjammin , and @Jack0Life (for the wife). 

I've been busy these past few weeks - clearly there isn't enough time in the day for a retired person to do what he wants and needs to do.  With the weather clearly moving into spring (although I'm holding out for a late blizzard) my days are likely to get even more productive as I add outside-the-house work to my list of "want to accomplish". 

I hope you still-working folks are keeping it together as you make your way to the exit.  Don't worry - the post-work life is swell. 

highlandterrier

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Re: 2021 FIRE Cohort
« Reply #1054 on: April 11, 2021, 01:59:02 AM »
11 working weeks to go for me, if my career was a marathon, I've just entered the stadium for the last 400 metre lap. Official last day will be 16th July, but with holidays saved last working day around 30th June. Work at megacorp is going through a challenging time so unable to coast to the end in any way, but reminds me why I'm leaving and making me appreciate the upcoming freedom even more. Brighter days ahead very soon and I've never looked forward to anything so much in my life!

Also in the retiring from camp as opposed to retiring to,  personally I need a decompression period to regain some perspective on life before I can move on.

JoJo

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Re: 2021 FIRE Cohort
« Reply #1055 on: April 11, 2021, 07:15:55 AM »
Looking likely that my date is moving up a month, but not for a good reason.  Will post back when official.

Malee55

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Re: 2021 FIRE Cohort
« Reply #1056 on: April 11, 2021, 04:06:36 PM »
I feel like my end is more official in my mind because I made it onto SHG's list.

I keep waiting for my mind to get over the panicky "I must get out of here" feeling, and just settle into working for the last few months. But I have lost any interest in doing the job. For the last 30 years being a nurse has been part of me. Now I just want to leave. Thankfully I really like all my colleagues so going into work is not horrible, but definitely not fulfilling anymore.

LightTripper

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Re: 2021 FIRE Cohort
« Reply #1057 on: April 11, 2021, 04:19:51 PM »
Thanks @ScreamingHeadGuy .  That's a long and good list!

I am now already down to my 24 hour work week, but I have to admit that it still doesn't feel very retired :)

Therefore, can I change my date from April to July in the next update?  That's the latest point at which I hope (and in fact need, given I'll have no childcare once school/nursery breaks up for summer :)  ) to be doing really minimal amounts (averaging 1 day per week at most) and I'm hoping that will feel a lot more like retirement!

Though even 24 hours a week is a big improvement on 50+, I have to say, and means more sleep, less stress, fewer late nights and being (somewhat) more on top of the rest of life.  I'm hoping cutting hours more and hopefully some more freeing up of life post-Covid will really help feeling the benefits of FIRE come early summer!

tipster350

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Re: 2021 FIRE Cohort
« Reply #1058 on: April 12, 2021, 12:25:44 PM »
Am I the only one who thinks this last year or so could not have worked out better???  I am knocking on wood right now not to jinx myself...Here's how things have worked out thus far:

1.  A year and half ago, I found myself with some extreme leverage--I had a job opportunity that would have been a slight raise and I leveraged that offer with my current employer to get a position that I wanted--but mostly to increase my retirement pay.

2.  I got a huge increase in salary and something new to do, which was fun, but not something I could sustain long term.

3.  Covid hit, and I no longer needed to go to work--or do the crappy stuff that came along with the new position.  I got to work from home, didn't need to commute, and no longer needed to deal with drama of in-person stuff at work.  I got to make my own hours, got stuff done around the house, and saved nearly $400 per month in gas (long commute).

4.  Because of Covid, they allowed us to bank extra vacation, which has allowed me to sell it all back when I hang it up.

5.  I just got my second vaccine--and the world seems to be opening up.

I had an opportunity to hang on for 3 weeks for an extra 9K, but decided it was time to go...Now I have 25 days and 5 hours before I exit.  I feel like the stars are aligned to make this a great....Both my wife and I are leaving on the same day.  I think it is going to be glorious. I've got lots of plans, but I am also looking forward to exploring anything that may spark my interest along the way....

How have you felt leading up to your exit?

I am totally confused between this and your other thread. I can't understand what your situation is at all. In any case, glad the last year turned out well for you. Financially it worked out for me, and I am thankful because so many others suffered financially, but I can't feel too happy because the year brought a great deal of pain and loss.

Mrs. Healthywealth

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Re: 2021 FIRE Cohort
« Reply #1059 on: April 12, 2021, 02:40:47 PM »
A little over 2 weeks into retirement, and I realize that the only mistake I made was creating a post-retirement plan. Decompressing and not having anyone dictate your next steps is something that takes time to adjust to. It's very liberating to know that we get to have some control over what we do next since we are financially independent. I was going to go work a fun job in a few months, but I'm hitting pause in order to focus on just today and not think about all the things I need to prepare for in order to start this fun job or any other project. I just want to be in this moment and enjoy little things like having lunch with the kids, spending quality time with friends, etc.

What's interesting is that my time has been taken up by random things, making the days pass quickly. What I'm doing doesn't have any significant purpose or direction, and that in itself is significant, especially for folks like us who are very goal and purpose driven. In fact, the art of doing nothing requires a lot of mindfulness. The planner and go-getter in me is trying to understand what happening right now.

Hope all of you get a chance to pause and soak up the sun. Enjoy!

Aethonan

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Re: 2021 FIRE Cohort
« Reply #1060 on: April 12, 2021, 02:44:59 PM »
Update on timing: Giving notice this week and will be out by July 1.  Updated timing means I'll be 33 (not 32) when done.  Feeling all the feelings.  Best to those already out!

@Mrs. Healthywealth -- very much enjoying the chance to pause and soak up the sun. :)

Malee55

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Re: 2021 FIRE Cohort
« Reply #1061 on: April 12, 2021, 05:45:46 PM »
I am loving reading all the comments from those that have FIREd already. It does make me envious even though I have only a few months left. And I will be taking 4 weeks of vacation time soon so that will help the time go more quickly.


anotherAlias

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Re: 2021 FIRE Cohort
« Reply #1062 on: April 13, 2021, 06:25:54 AM »
So far I've been surprised by the reactions of people that I've told that I'm intending to retire this month.  So far everyone has been excited for me and congratulated me.  There was one guy that I haven't know as long as the others that was congratulatory but then started questioning me.  What about insurance?  Won't you get bored?  What are you going to do with your time?  He's a very high strung, always has to be busy kind of person.  He just couldn't believe anyone would be content with what I was detailing.  He was happy for me but at the same time very confused.  It was kind of comical.  These were all people from outside of work.  Tomorrow I'm giving my notice to my manager so we'll see what reactions I get from workmates.  I'm expecting the people that I've worked the longest with to be supportive.  I've always been pretty open about wanting to retire early and the guys have always seemed to accept that as my path in life.  I'm not sure how the newer people will react.  This could be interesting.

asauer

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Re: 2021 FIRE Cohort
« Reply #1063 on: April 13, 2021, 11:28:07 AM »
So far I've been surprised by the reactions of people that I've told that I'm intending to retire this month.  So far everyone has been excited for me and congratulated me.  There was one guy that I haven't know as long as the others that was congratulatory but then started questioning me.  What about insurance?  Won't you get bored?  What are you going to do with your time?  He's a very high strung, always has to be busy kind of person.  He just couldn't believe anyone would be content with what I was detailing.  He was happy for me but at the same time very confused.  It was kind of comical.  These were all people from outside of work.  Tomorrow I'm giving my notice to my manager so we'll see what reactions I get from workmates.  I'm expecting the people that I've worked the longest with to be supportive.  I've always been pretty open about wanting to retire early and the guys have always seemed to accept that as my path in life.  I'm not sure how the newer people will react.  This could be interesting.

Good luck!  Let us know how it goes!

Dreamer

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Re: 2021 FIRE Cohort
« Reply #1064 on: April 13, 2021, 06:27:58 PM »
I think I've finally mentally prepared myself to actually do this.  Could the keeper of the list kindly put me on the list for August.  Thanks!

Blindsquirrel

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Re: 2021 FIRE Cohort
« Reply #1065 on: April 13, 2021, 08:50:35 PM »
@ScreamingHeadGuy   Kindly place me on the honor roll as I waggled my bum at corporate America on 3/31/2021. Highly recommend it.

Trifle

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Re: 2021 FIRE Cohort
« Reply #1066 on: April 14, 2021, 03:54:19 AM »
@ScreamingHeadGuy   Kindly place me on the honor roll as I waggled my bum at corporate America on 3/31/2021. Highly recommend it.

Hey hey!  Congrats @Blindsquirrel!!!!!!

Mrs. Healthywealth

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Re: 2021 FIRE Cohort
« Reply #1067 on: April 14, 2021, 10:19:20 AM »
Update on timing: Giving notice this week and will be out by July 1.  Updated timing means I'll be 33 (not 32) when done.  Feeling all the feelings.  Best to those already out!

@Mrs. Healthywealth -- very much enjoying the chance to pause and soak up the sun. :)

Congrats! Hope you have a smooth ride till july 1st. 

anotherAlias

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Re: 2021 FIRE Cohort
« Reply #1068 on: April 14, 2021, 10:48:33 AM »
I just gave notice to my boss.  It went very well.  I've worked there for 13 yrs and I've worked with her in some capacity for probably 8 or so years.  So she had heard me talk about retiring early for years.  It wasn't a total blindside for her although she wasn't expecting it to happen right now. 

Interestingly enough, our VP mentioned me retiring not long ago in a conversation that managers were having about the future of our department.  He apparently had remember a crack I had made at my last anniversary lunch about retiring before I'm 50.  I hadn't thought he had heard that part of the conversation but he did and filed it away for future consideration.  It will be a scramble to find people to do my work but they can't say my announcement was completely unexpected.

I celebrated with a beer at lunch.  Now I just need to do the HR paperwork, get the insurance straightened out and transition some of my work before I can call it officially done.

Chaplin

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Re: 2021 FIRE Cohort
« Reply #1069 on: April 14, 2021, 12:39:21 PM »
I celebrated with a beer at lunch.  Now I just need to do the HR paperwork, get the insurance straightened out and transition some of my work before I can call it officially done.

Congratulations! And wow, notice on your last day? I sure would have loved that but it wasn't in the cards.

anotherAlias

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Re: 2021 FIRE Cohort
« Reply #1070 on: April 14, 2021, 12:42:34 PM »
I celebrated with a beer at lunch.  Now I just need to do the HR paperwork, get the insurance straightened out and transition some of my work before I can call it officially done.

Congratulations! And wow, notice on your last day? I sure would have loved that but it wasn't in the cards.
No I gave 2 weeks notice.  After giving notice the rest should be easier, though.

Sent from my Pixel 4a using Tapatalk


Malee55

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Re: 2021 FIRE Cohort
« Reply #1071 on: April 14, 2021, 03:44:58 PM »
congratulations on getting out of there

lutorm

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Re: 2021 FIRE Cohort
« Reply #1072 on: April 14, 2021, 04:19:14 PM »
I recently realized that we probably hit FI this year, based on our current expenses we're at 3.4% WR right now.  Feels good!

This was not in some long-term plan but mostly because of a giant bump in income over the past couple years. We're not REing at this point, but I'm trying to go part time.

Abe Froman

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Re: 2021 FIRE Cohort
« Reply #1073 on: April 15, 2021, 05:31:35 AM »
Going in to verbally provide mu resignation to the President, my boss.
This will be NUTS  as I have been tight lipped about it.
Hope I do not chicken out - I am pretty sure I won't, but the ball is rolling........right off a cliff !!!!!!!!!!!!!!!

This forum has been so helpful. Hopefully you guys will be there this afternoon when I am hyperventilating. LOL

asauer

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Re: 2021 FIRE Cohort
« Reply #1074 on: April 15, 2021, 05:56:29 AM »
Going in to verbally provide mu resignation to the President, my boss.
This will be NUTS  as I have been tight lipped about it.
Hope I do not chicken out - I am pretty sure I won't, but the ball is rolling........right off a cliff !!!!!!!!!!!!!!!

This forum has been so helpful. Hopefully you guys will be there this afternoon when I am hyperventilating. LOL

Good luck!  Go in there and have your own back.  Can't wait to hear how it went.

dblaace

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Re: 2021 FIRE Cohort
« Reply #1075 on: April 15, 2021, 06:07:18 AM »
Going in to verbally provide mu resignation to the President, my boss.
This will be NUTS  as I have been tight lipped about it.
Hope I do not chicken out - I am pretty sure I won't, but the ball is rolling........right off a cliff !!!!!!!!!!!!!!!

This forum has been so helpful. Hopefully you guys will be there this afternoon when I am hyperventilating. LOL
Good luck and congratulations!

Ladychips

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Re: 2021 FIRE Cohort
« Reply #1076 on: April 15, 2021, 07:48:26 AM »
Going in to verbally provide mu resignation to the President, my boss.
This will be NUTS  as I have been tight lipped about it.
Hope I do not chicken out - I am pretty sure I won't, but the ball is rolling........right off a cliff !!!!!!!!!!!!!!!

This forum has been so helpful. Hopefully you guys will be there this afternoon when I am hyperventilating. LOL

We are with you!  And cheering you on!!!

Much Fishing to Do

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Re: 2021 FIRE Cohort
« Reply #1077 on: April 15, 2021, 07:59:45 AM »

Hope I do not chicken out - I am pretty sure I won't, but the ball is rolling........right off a cliff !!!!!!!!!!!!!!!


What are they gonna do, fire you?  ;-)

simmias

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Re: 2021 FIRE Cohort
« Reply #1078 on: April 15, 2021, 10:22:32 AM »
LOL, HR was shocked that I already have an ACA plan in place starting May 1. I guess pretty much everyone else who has ever left used COBRA.

One-and-a-half days until freedom!!!

Aethonan

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Re: 2021 FIRE Cohort
« Reply #1079 on: April 15, 2021, 11:09:05 AM »
Going in to verbally provide mu resignation to the President, my boss.
This will be NUTS  as I have been tight lipped about it.
Hope I do not chicken out - I am pretty sure I won't, but the ball is rolling........right off a cliff !!!!!!!!!!!!!!!

This forum has been so helpful. Hopefully you guys will be there this afternoon when I am hyperventilating. LOL

Lol, I felt the same.  Just gave notice yesterday and feeling so, so relieved now.  I then proceeded to call everyone else at our small firm, enjoyed a sparkling rose (#superfrugal, lol), and celebrated with calls to family/friends and games with my SO. 

I'm still working out the precise timing of my off-ramp, but the conversation itself (which was a combined call with all partners at my small firm) went way, waaaaay better than I expected.  I explained that my departure is an indefinite break/sabbatical, and they said the door is always open to come back.  As someone who struggles with closing any door, it feels good to know that, after a 6-month decompression, I can always take a look around and see if it makes sense to try a part-time something-or-other option.  For context, my SO is still working part-time indefinitely, so I might end up feeling like doing the same for a while.  We're pretty much Lean FI, so it's been our plan to have some kind of income for another few years doing fun/part-time projects.  (We're both in our 30s, so the idea that we'll never make money again seems... unlikely!)

Thanks to all on this forum making this whole idea of leaving a perfectly decent job to try a new adventure seem sane!

EricEng

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Re: 2021 FIRE Cohort
« Reply #1080 on: April 15, 2021, 01:35:44 PM »
Gave notice this week.  Last day sometime in May while they work on finding replacement.

Done at 36!

Arbitrage

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Re: 2021 FIRE Cohort
« Reply #1081 on: April 15, 2021, 02:58:12 PM »
Going in to verbally provide mu resignation to the President, my boss.
This will be NUTS  as I have been tight lipped about it.
Hope I do not chicken out - I am pretty sure I won't, but the ball is rolling........right off a cliff !!!!!!!!!!!!!!!

This forum has been so helpful. Hopefully you guys will be there this afternoon when I am hyperventilating. LOL

I usually think of myself as being rock solid in stressful situations, but I have to admit that the stress of all of our transitions has gotten to me recently.  Stress-induced insomnia unlike anything I've ever experienced.  We visited our new house for the first time, and had some unpleasant discoveries, culminating in a sleepness night listening to unfamiliar sounds in an empty, unfamiliar house with lots of needed maintenance, wondering if I made a terrible mistake.   

Thankfully, we had a couple of friends there to help us through the stress, a lot of successful DIY repairs, not-insignificant sums of money paid to various contractors to get things spruced up, and a bit of Ambien, and everything started looking up again. 

Malee55

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Re: 2021 FIRE Cohort
« Reply #1082 on: April 15, 2021, 04:54:49 PM »
I have not told anyone at work that I plan on retiring this year as I do not want it to filter back to my boss. I want him to okay me taking 6 weeks annual leave and then long service leave for 2 months. Then I plan on resigning from permanent work and going casual. But I don't trust that my boss would okay this leave if he knew my plans. If I don't get my leave granted I may just quit mid to late July. Either way I want to be done with permanent work by end of July.

My husband does not want to retire even though he finds his job stressful But I figure that is his decision. He is the one trying to convince me to go casual rather than retire completely. I have not decided which way I will go, though staying casual means that if I get bored not working I have something to go to. Not that I expect to get bored.

We want to do a lot of maintenance work on the house this year and I was planning on continuing to work so I had an income while it was happening and in case it costs more than we anticipated. But then I decided I really do not want to stay there as I am exhausted and stressed. We have enough money saved to cover any stuff done on the house. And reading this forum made me look at our finances and just say to myself 'we have enough'.

Abe Froman

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Re: 2021 FIRE Cohort
« Reply #1083 on: April 16, 2021, 09:47:15 AM »
Going in to verbally provide mu resignation to the President, my boss.
This will be NUTS  as I have been tight lipped about it.
Hope I do not chicken out - I am pretty sure I won't, but the ball is rolling........right off a cliff !!!!!!!!!!!!!!!

This forum has been so helpful. Hopefully you guys will be there this afternoon when I am hyperventilating. LOL

Good luck!  Go in there and have your own back.  Can't wait to hear how it went.

this be a long post - beware

OMG - nerve racking.
I have not told a soul my plan - whatsoever. I figured the right move was to tell my boss first and in person.

So here is how it went down.

I drove into the office - and it was barren as I expected. Odd to see - in that it was deathly quiet - almost like when I would go in on a Sat or Sun for an urgent project and no one else around. And people's cubes were still in place the way they left it, as if the cubes themselves were expecting their occupants to come back - just waiting.

Obviously due to COVID, still no one is in the office - except for one, my boss.
I knew he would be there. He is always there. No need to hit his cellphone - his desk phone always connects.

I went into my office with my backpack and a box - to gather some things. As I took a few things off my shelves I peeked down the hall to see if he was in. I walked down to his door and saw that his door was closed. Through the glass I saw he was on the phone.

Heart in my throat.

Went back to my office to pack up some more things - and brought one load down to the car.
On my return to the office I saw his office door open.

Ok - here we go.....(teeth gritting)

Walked into his office, said hi - simple pleasantries - and caught up on a few projects, some of which I play a part in.
Then I finished saying that look - with a lot of personal stuff I have going on including family concerns (he was aware of 1 or 2) and a current physical recovery issue I have been going through ... I could not provide the effort I would expect of myself. I needed to focus on the family and I was unsure as to how long it would take. I said for my sake and my family's sake I need take some time off, but I also I said this very hard decsion was for <Company's> sake (with whom I have been for 15 years) it would be best for someone else to take on these projects. Then I said I was giving my notice.

"wait...wait ....what did you say... what?"

I am resigning. I think its best for everyone.

   These were the longest 5 seconds in recorded history. The deafening sound of vacuous space, breathing almost.                 

He was shocked.

I started to see him getting perturbed - when he asked 'well - why did you bring up these projects that you are a part in?' I stated that I wanted you to know that these efforts are at minimized risk, that there is a plan. I offered a name or two of individuals that could assist. He seemed to get it - but I think he was pissed not only that I sprung it on him How else does it go - I mean really?        , but that I slow rolled it to the last topic.

Maybe I was a little chicken in doing so, but more importantly I wanted him to know that I was not leaving this company in the lurch, that this decision was very much for their benefit.

He did say that 'haven't we always been accommodating to employee's needs, in terms of flexibility, etc' --- and YES absolutely, this company has done more to support their people than any other I have known or read about. BUT - this was not about that. This was me needing to focus on the family for the immediate term - and I cannot say to you that I will be available for this and that and that project. Not fair to you, nor me.

He then asked if before we go through with it if I could look into any LOA option. I said I had not considered it - and that I will. Also said this is not a closed door whatsoever - that I hope I can come back in some capacity. I restated that I grew up with this company - learned a hell of a lot, and proud to be a part of that growth.

Still in shock - pregnant pauses 

So I handed him the requisite letter of resignation - simple and short - no reasonings or flowery language.
And left, amicably I think, I hope.

Drive home ...

I called HR and let her know. shock - maybe some light cursing 
She is going to look into options that would give me a LOA - but without the cost of COBRA-esque medical.
FMLA may be an option.

Once I figure this out - I will need to tell my direct reports, but big boss wants to form his plan first, which makes sense.

Want to share this news with some of my peers (other VPs/Directors) real bad - but need to wait until this approach gets ironed out. I get it. I don't want to burn any bridges.

But I keep looking at the phone waiting for the onslaught of texts and missed calls - presumably all starting with 'WTF !!!!!!' .... but they don't arrive yet. Maybe it is still safely under wraps.

But I NEEED to tell someone. Called wife but she is in the middle of getting her vaccine.

So I call my 75 year old sailing friend.
He is a great guy to bounce things off of. He is not surprised as we have been talking of my plan for years.
He agrees that better to do this now - when you can. Worse case - go back to work. The alternative of working until I am too frail or (too?) dead has no backup plan.

'I wish I had worked more' - said no one ever on their death bed.
At least that's my north star right now.

Now it is the next morning.....

... still waiting for a flurry of texts. Nothing yet. Maybe I am seeking congratulations, maybe some well wishes. It hasnt been 24 hours yet even.

I definitely have a weight lifted already. But something is still there, still pressing.
Maybe I am thinking the possible well wishes (or jealousy?) will remove that last pressing feeling. But its likely going to be time - time that proves to me and my wife that this is going to be OK.

I am still sitting here writing this and saying ' WHAT THE HELL DID YOU JUST DO !!!??? '.

Again - this tribe here has been so supportive through the whole process - and I am grateful.

So what is your plan???.....
I am going to research the FMLA option (which gives me leave at the current cost of medical - a low HSA). If I can get that - I will use it as a LOA and see where my head is at in 12 weeks to officially separate (meaning I would need to get on the ACA). Otherwise I will plan to hit the ACA to start June 1 - which means I need to get my application and paperwork in between 5/1 and 5/15.


Aethonan

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Re: 2021 FIRE Cohort
« Reply #1084 on: April 16, 2021, 12:06:40 PM »

'I wish I had worked more' - said no one ever on their death bed.
At least that's my north star right now.


Same.  Awesome report Abe Froman -- you've got this. 

Malee55

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Re: 2021 FIRE Cohort
« Reply #1085 on: April 16, 2021, 03:09:21 PM »
Congratulations Abe. You need to look after you and your family. And you are doing that.

tipster350

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Re: 2021 FIRE Cohort
« Reply #1086 on: April 16, 2021, 07:04:09 PM »
Member of the 4/16 sub-cohort checking in. I completed my day, turned in my badge and laptop. My colleagues had many nice things to say. It's over! Or, rather, just beginning!

Malee55

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Re: 2021 FIRE Cohort
« Reply #1087 on: April 17, 2021, 12:50:15 AM »
At my workplace they have sent out an e-learning package about writing SMART goals for our work appraisals. So I have been nutting mine out.

Specific - I want to retire
Measurable - I will stop working
Achievable - I don't anticipate that I will have any difficulty not turning up to work
Relevant - it is relevant to my job as they will need to find a replacement
Time bound - by end of July

While I would love to do this, I have not mentioned to anyone at work that I am planning on finishing up this year. So at the moment I can only dream about this.

Much Fishing to Do

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Re: 2021 FIRE Cohort
« Reply #1088 on: April 17, 2021, 06:48:00 AM »
Congratulations Abe. You need to look after you and your family. And you are doing that.

Agreed.  It sounds like your boss reacted exactly like someone who knows his job is better/easier with you around, his disappointment is real, but a real compliment, and whether you did this today or 5 years from now the reaction would be the same... unless he retired first....

OmgLmg

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Re: 2021 FIRE Cohort
« Reply #1089 on: April 17, 2021, 06:51:31 AM »
Here to confirm that yesterday, Friday 4/16 was my last day at work, and at age 39 I am retired! I had a lovely farewell "get together" that reminded me how much I appreciate my coworkers and work environment, and personally, I was glad to see that I was still thrilled to end the chapter.

I gave 4 weeks' notice, and glad that I did. It turned a bit bumpy in that 2 other coworkers (team of 8) gave notice during that time as well (unrelated to my departure, just bad timing). I really like the organization I work for and my direct coworkers, so I agreed to do very small amounts of contract work to train one of the new folks when they get that role hired. They basically said any amount of work and schedule I'm comfortable with they'll take, so I've given them some pretty firm limits that I plan to stick to.

I don't think this will sink in until at least Sunday afternoon/evening when I get more time, but I'm so ready for this new era. So many thanks to everyone on this forum for making this crazy idea seem totally reasonable (which it is).

Trifle

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Re: 2021 FIRE Cohort
« Reply #1090 on: April 17, 2021, 07:53:10 AM »
Member of the 4/16 sub-cohort checking in. I completed my day, turned in my badge and laptop. My colleagues had many nice things to say. It's over! Or, rather, just beginning!

Congrats @tipster350 !  And wow, you're not kidding about the 4/16 sub-cohort.  You guys rock!  Welcome to the FIRE world.  :)

Ladychips

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Re: 2021 FIRE Cohort
« Reply #1091 on: April 17, 2021, 10:23:11 AM »
So happy and proud for all of you!!!

Dreamer40

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Re: 2021 FIRE Cohort
« Reply #1092 on: April 17, 2021, 10:55:23 AM »
The 2021 cohort is killing it! Congrats, everyone!!!

@Abe Froman: I totally know that feeling of sitting there and waiting for the storm of messages. Most of my coworkers and supervisors were totally shocked I quit even though I’ve been explicitly telling them my plans for years. They apparently didn’t believe I was serious. When that flurry of messages came through, it was a lot of fun. 😆

We’ve had an unseasonably hot and dry spring in Portland so my garden is going bonkers. I’m having a great time puttering around out there caring for all my baby plants. It’s finally starting to look a little like the healing garden of my dreams. I spent hours yesterday reading about chickens and measuring potential areas in my yard where I could put a coop if I decide to do it. All my professional planning skills are still being put to good use, but now I get to fulfill my own dreams and not my employers’s!

Mrs. Sloth

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Re: 2021 FIRE Cohort
« Reply #1093 on: April 17, 2021, 11:32:58 AM »
I love reading all the stories ...keep them coming!!! Congrats to those who have given notice or are completely done with work. I decided to be forth coming abt my early retirement with everyone and surprisingly, one person who I been working with on a project told me he has been saving and investing for years and expressed interest in FIRE and a co-worker said he wants to follow my path.

When I first read about FIRE, I actually didn't think it was possible for me (I was making 40kish/ low 50kish 10/9 years ago) but I just kept putting in the work and so I feel like it is good for other ppl to see real life examples of ppl achieving 🔥.

simmias

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Re: 2021 FIRE Cohort
« Reply #1094 on: April 18, 2021, 04:07:01 AM »
Checking in as well - my last day was Friday. I went into the office for the first time in a year to clean out my desk and tidy up my computer, then had a nice long lunch with some coworkers, and finally turned in my laptop and badge.

One of my friends commented on how happy and positive I've been the last few days and was like "oh wow, I think I realize now why you're leaving."

The office did this going away thing over Zoom at the end of the day that I thought would be awkward and awful, but it was actually really nice. It made me remember why I stayed at that damn place for as long as I did - so many of the people I worked with are awesome. Unfortunately, the sociopath CEO is and was not awesome. Thankfully, she was nowhere to be seen for my going away party.

In any case, it still doesn't feel real yet. I was a little melancholy after the going away thing and actually was wondering if I made the right decision. But then I realized I can still see all of the people from my work who I want to, albeit not as easily as I could before, and that made me feel a lot better. And, of course, any thoughts of doing the actual work from that job make me feel like I'm going to break out in hives.
« Last Edit: April 18, 2021, 04:12:51 AM by simmias »

Ottawa

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Re: 2021 FIRE Cohort
« Reply #1095 on: April 18, 2021, 04:54:55 AM »
And..just like that.  I am officially done.  16 April 2021 was my last day!  FIRED at 49.

It was all rather a strange time to FIRE, with nobody meeting in person.  I regaled some tales of yore over a Teams meeting; there was a toast of beer and a promise to have a proper farewell...some day...in the future.

I must say, due to the pandemic year, it was a little anticlimactic, but TBH that suited me just fine.  The day I retired, we also started a 6 week stay at home order! 

It took 3135 days or 103 months, after discovering the FIRE movement through MMM, to get to FIRE.  What a fine line it was between randomly hearing about MMM being interviewed on local CBC radio; and not.

In the end; not only did we reach FIRE, we learned so much along the way about ourselves and how to look at everything around us through the lens of optimization and gratitude. 





AO1FireTo

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Re: 2021 FIRE Cohort
« Reply #1096 on: April 18, 2021, 12:24:37 PM »
And..just like that.  I am officially done.  16 April 2021 was my last day!  FIRED at 49.

It was all rather a strange time to FIRE, with nobody meeting in person.  I regaled some tales of yore over a Teams meeting; there was a toast of beer and a promise to have a proper farewell...some day...in the future.

I must say, due to the pandemic year, it was a little anticlimactic, but TBH that suited me just fine.  The day I retired, we also started a 6 week stay at home order! 

It took 3135 days or 103 months, after discovering the FIRE movement through MMM, to get to FIRE.  What a fine line it was between randomly hearing about MMM being interviewed on local CBC radio; and not.

In the end; not only did we reach FIRE, we learned so much along the way about ourselves and how to look at everything around us through the lens of optimization and gratitude.

Love seeing fellow Canadians retire, congrats, 49 is pretty young too.

Malee55

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Re: 2021 FIRE Cohort
« Reply #1097 on: April 18, 2021, 05:05:57 PM »
I have recently had 2 colleagues retire, both in their 70's. One was still working because she does not like to be doing nothing. The other could not really afford to retire. I cannot stand the thought of working for another 15 years. Thankfully I have enough happening in my life that work is not all I do. Though when a friend asked what I am going to do when I retire I said 'not work'.

My original plan was retire when I get to 60, then this year I decided it would be the end of the year. Which became shortened to the end of October, then the middle of July. Now I am contemplating pulling the plug at the beginning of July, which is the new financial year.

I really like my coworkers, my boss is okay. But I am tired most of the time and I have lost any enthusiasm for my work. Every day is a struggle.

anotherAlias

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Re: 2021 FIRE Cohort
« Reply #1098 on: April 19, 2021, 06:24:27 AM »
This weekend I signed up for an ACA health plan and encountered my first planning error.  I told my employer my last day would be 4/27 which worked nicely with our schedule of project work and got me out of a huge 2 day meeting that I hate.  However, this is less than ideal for the timing of insurance coverage.  My employer health plan ends on my last day and ACA coverage doesn't start until the first of the month.  I know that I can use COBRA retroactively if I need medical care during those 3 days but I'm kicking myself that I didn't even think of this beforehand.  My SO was teasing that he'd just wrap me in bubble wrap.

simmias

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Re: 2021 FIRE Cohort
« Reply #1099 on: April 19, 2021, 06:27:27 AM »
Are you sure your work coverage isn't through the end of the month? It seems kind of weird they'd kick you off the plan with three days to go.