Author Topic: 2021 FIRE Cohort  (Read 136252 times)

Peter Parker

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Re: 2021 FIRE Cohort
« Reply #200 on: September 06, 2018, 02:55:23 PM »
I have changed my anticipated FIRE date and, so, I’ve updated our table (as a shameless bump to our thread). 

Nice to see we are at 21 members to our posse with 28 months until our year comes around.

If you are listed as TBD please throw out a guess so the table looks less blank. 

Name.                        Age (self-reported)   FIRE Date
MarcherLady               (at 49)                 October 10, 2020

dreams_and_discoveries (just before 40) February
Chaplin                          (at 47ish)         March 23
ScreamingHeadGuy  (at 41)                    April
WildJager                 (at 35)                   May
FIREArtist.                                            June 1
Sisto                                                     June 7
Wadiman.                                              August
GBRS                       (at 36)                   Sept
damo.                                                   October
Frizzywhiskers.                                      November 5
Accountant007          (at 48)                   December 23
Bownyboy                 (at 29)                  December 25
dougules                   (at 43)                  December 27
SassyG                     (at 54)                   TBD
Nazar TBD
the_fixer TBD
Arbitrage TBD
frugalecon TBD
Ladychips.                (at 55).                  July 1
boyband TBD
CrazyIT TBD

For God's sake get my name on this list!  July 12, 2021!

ScreamingHeadGuy

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Re: 2021 FIRE Cohort
« Reply #201 on: September 07, 2018, 09:20:13 AM »
Hooray!  Our thread now has five pages!  See- we’re motivated.


Name.                        Age (self-reported)   FIRE Date
MarcherLady               (at 49)                 October 10, 2020

dreams_and_discoveries (just before 40) February
Chaplin                          (at 47ish)         March 23
ScreamingHeadGuy  (at 41)                    April
WildJager                 (at 35)                   May
FIREArtist                                             June 1
Sisto                                                     June 7
Ladychips.                (at 55)                   July 1
Peter Parker                                          July 12
Wadiman.                                              August
GBRS                       (at 36)                   Sept
damo.                                                   October
Frizzywhiskers.                                      November 5
Accountant007          (at 48)                   December 23
Bownyboy                 (at 29)                  December 25
dougules                   (at 43)                  December 27
SassyG                     (at 54)                   TBD
Nazar TBD
the_fixer TBD
Arbitrage TBD
frugalecon TBD
boyband TBD
CrazyIT TBD

FIRE Artist

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Re: 2021 FIRE Cohort
« Reply #202 on: September 08, 2018, 04:14:38 PM »
I’ll be 47 when I retire, assuming the next three years go as planned. 

nazar

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Re: 2021 FIRE Cohort
« Reply #203 on: September 09, 2018, 09:33:49 AM »
Put me down for July 1, 2021, but I am considering an earlier escape if I can make it happen.  This is my "no later than date."

sisto

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Re: 2021 FIRE Cohort
« Reply #204 on: September 11, 2018, 08:57:21 AM »
Today marks the day that I have exactly 1000 days left until my last day June 7, 2021. I'm trying to bask in it for a moment. :)

dougules

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Re: 2021 FIRE Cohort
« Reply #205 on: September 11, 2018, 10:28:01 AM »
Name.                        Age (self-reported)   FIRE Date
MarcherLady               (at 49)                     October 10, 2020
dreams_and_discoveries (just before 40)  February
Chaplin                          (at 47ish)              March 23
ScreamingHeadGuy  (at 41)                        April
WildJager                 (at 35)                        May
FIREArtist                                                    June 1
Sisto                                                           June 7
Ladychips.                (at 55)                        July 1
Peter Parker                                               July 12
Wadiman.                                                   August
GBRS                       (at 36)                         Sept
damo.                                                         October
Frizzywhiskers.                                           November 5
Accountant007          (at 48)                       December 23
Bownyboy                 (at 29)                       December 25
dougules                   (at 43)                       December 27
SassyG                     (at 54)                       TBD
Nazar TBD
the_fixer TBD
Arbitrage TBD
frugalecon TBD
boyband TBD
CrazyIT TBD
dougules                                                   TMY 2023

I think I may have to drop out of this class.  2021 is looking a lot less likely for me as we refine our numbers.  Who knows what will happen, though.  I might be back depending on math and the markets. 

sisto

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Re: 2021 FIRE Cohort
« Reply #206 on: September 11, 2018, 10:36:20 AM »
Name.                        Age (self-reported)   FIRE Date
MarcherLady               (at 49)                     October 10, 2020
dreams_and_discoveries (just before 40)  February
Chaplin                          (at 47ish)              March 23
ScreamingHeadGuy  (at 41)                        April
WildJager                 (at 35)                        May
FIREArtist                                                    June 1
Sisto                                                           June 7
Ladychips.                (at 55)                        July 1
Peter Parker                                               July 12
Wadiman.                                                   August
GBRS                       (at 36)                         Sept
damo.                                                         October
Frizzywhiskers.                                           November 5
Accountant007          (at 48)                       December 23
Bownyboy                 (at 29)                       December 25
dougules                   (at 43)                       December 27
SassyG                     (at 54)                       TBD
Nazar TBD
the_fixer TBD
Arbitrage TBD
frugalecon TBD
boyband TBD
CrazyIT TBD
dougules                                                   TMY 2023

I think I may have to drop out of this class.  2021 is looking a lot less likely for me as we refine our numbers.  Who knows what will happen, though.  I might be back depending on math and the markets.
Sorry to hear that, hopefully things will go your way and you can come back.

Arbitrage

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Re: 2021 FIRE Cohort
« Reply #207 on: September 11, 2018, 10:49:57 AM »
Ok, I'll put down a goal date.  August 1st, 2021, age 43.  Need some cooperation from markets, but so far our savings rates are exceeding my initial expectations. 

ScreamingHeadGuy

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Re: 2021 FIRE Cohort
« Reply #208 on: September 11, 2018, 12:41:52 PM »
Name.                        Age (self-reported)   FIRE Date
MarcherLady               (at 49)                     October 10, 2020 OLY

dreams_and_discoveries (at 39)                   February
Chaplin                          (at 47ish)              March 23
ScreamingHeadGuy  (at 41)                        April
WildJager                 (at 35)                        May
FIREArtist                 (at 47)                        June 1
Sisto                                                           June 7
Ladychips.                (at 55)                        July 1
Nazar                                                         July 1
Peter Parker                                               July 12
Arbitrage.                   (At 41).                     August 1
Wadiman.                                                   August
GBRS                       (at 36)                         Sept
damo.                                                         October
Frizzywhiskers.                                           November 5
Accountant007          (at 48)                       December 23
Bownyboy                 (at 29)                       December 25
dougules                   (at 43)                       December 27
SassyG                     (at 54)                       TBD
the_fixer TBD
frugalecon TBD
boyband TBD
CrazyIT TBD

dougules                                                   TMY 2023


Fill that chart!
« Last Edit: September 11, 2018, 12:44:11 PM by ScreamingHeadGuy »

the_fixer

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Re: 2021 FIRE Cohort
« Reply #209 on: September 23, 2018, 10:19:14 AM »
October 1st

Retirement age will be 49

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Money Badger

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Re: 2021 FIRE Cohort
« Reply #210 on: September 30, 2018, 08:03:57 PM »
@ScreamingHeadGuy,   Wow!   It's been 3 years since I last posted on this Thread, but don't count me out as I've been busy staching since then!   Add Indentured4now (now Money Badger!) for December 1, 2021!   Coincides with youngest kid's last undergraduate tuition & housing payment along with a conservative plan tracking to hit my FIRE number by then.   And this date also considers a healthy anticipated 4-digit monthly healthcare insurance premium by then for us as well by then given the way ACA being deliberately undermined by a cadre of our so-called representatives in Congress who get "Cadillac insurance for life" while early retirees pay "full retail for high deductible plans if we're lucky to get any insurance by then at all"...   Else, after 30 years of working my ass off and saving, FIRE would be NOW!   Not that I'm bitter about this.  ;-)
« Last Edit: October 14, 2018, 06:40:09 AM by Money Badger »

tipster350

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Re: 2021 FIRE Cohort
« Reply #211 on: October 08, 2018, 09:41:43 AM »
I'm ready to put down stakes in the 2021 cohort. The situation is fluid, but it is looking increasingly likely this will be my year. I will be 60.
« Last Edit: October 14, 2018, 06:51:35 AM by tipster350 »

Matz_70

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Re: 2021 FIRE Cohort
« Reply #212 on: October 14, 2018, 03:47:34 AM »
Hi, could I please join? It could be 1 January 2021 for me at age 50.

the_fixer

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Re: 2021 FIRE Cohort
« Reply #213 on: October 15, 2018, 09:21:54 AM »
Last week was HELL at work with lots of fallout to follow cleaning up issues for months to come. I have never walked out on a job before but I loaded up my gear and was headed out the door and would have kept walking except I would feel bad leaving the few people that care holding the bag.

Maybe it was the 14 - 16 hour days, incompetent help that keeps getting assigned to complex issues or just being setup for failure but it sure made it hard to stay.

On the plus side I was frustrated enough to call HR and ask them to verify my actual vesting date and found out that it is a full year earlier than I had thought.

So... 195 days from today until I am 100% vested in my retirement :)

Keeping my FIRE date where it is as i will still need to earn some money to be happy with my FIRE number.



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Ulysses Everett McGill

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Re: 2021 FIRE Cohort
« Reply #214 on: October 24, 2018, 12:36:39 PM »
This is my first post on this board, and I am placing myself here with a target retirement date of 12/31/2021.  I will be 55 years old.  I have a business lease that is runs until 4/2022, but I will effectively shut down the business at year end 2021. If I could get out of my lease prior to 4/2022, my retirement date would move up accordingly.

I have only recently learned of the FIRE movement, but for many years my wife and I have been applying the principals of living frugally and saving for a retirement in my mid-50's. I look forward to reading this board and participating as we all move towards our goals.

the_fixer

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Re: 2021 FIRE Cohort
« Reply #215 on: October 24, 2018, 12:57:12 PM »
Welcome

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ScreamingHeadGuy

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Re: 2021 FIRE Cohort
« Reply #216 on: October 24, 2018, 01:48:19 PM »
Name.                      Age (self-reported)   FIRE Date
MarcherLady             49                           October 10, 2020 OLY

Matz_70                   50                        January 1
dreams_and_discoveries 39                      February
Chaplin                     47                           March 23
ScreamingHeadGuy   41                            April
WildJager                 35.                           May
FIREArtist                 47                            June 1
Sisto                         52                            June 7
Ladychips.                55                            July 1
Nazar                                                      July 1
Peter Parker                                             July 12
Arbitrage                  41                           August 1
Wadiman                                                 August
GBRS                       36                            September
the_fixer                   49                           October1
damo                                                       October
Frizzywhiskers.                                         November 5
Money Badger.           53                          December 1
Accountant007          48                          December 23
Bownyboy                 29                           December 25
dougules                   43                         December 27
Ulysses Everett McGill 55                         December 31
SassyG                     54                           TBD
frugalecon                                                TBD
boyband                                                   TBD
CrazyIT                                                    TBD
Tister350                  60                            TBD

dougules                                                   TMY 2023


The list has been updated.  Come on folks, let us not be shy about filling those missing fields.  Age and FIRE date are, after all, only numbers.

We’re at 26 for 2021 with just over 26 months to go.

I admit there are times at work when I open up my spreadsheet and calculate how many hours per week I would have to work at the corner gas station if I just hung it up today.  But then I realize it’s only 30 months more for me and I determine I can gut it out a bit more. 
« Last Edit: November 07, 2018, 01:28:36 PM by ScreamingHeadGuy »

sisto

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Re: 2021 FIRE Cohort
« Reply #217 on: October 25, 2018, 11:28:40 AM »
Name.                      Age (self-reported)   FIRE Date
MarcherLady             49                           October 10, 2020 OLY

Matz_70                   50                        January 1
dreams_and_discoveries 39                      February
Chaplin                     47                           March 23
ScreamingHeadGuy   41                            April
WildJager                 35.                           May
FIREArtist                 47                            June 1
Sisto                                                        June 7
Ladychips.                55                            July 1
Nazar                                                      July 1
Peter Parker                                             July 12
Arbitrage                  41                           August 1
Wadiman                                                 August
GBRS                       36                            September
the_fixer                   49                           October1
damo                                                       October
Frizzywhiskers.                                         November 5
Money Badger.                                         December 1
Accountant007          48                          December 23
Bownyboy                 29                           December 25
dougules                   43                         December 27
Ulysses Everett McGill 55                         December 31
SassyG                     54                           TBD
frugalecon                                                TBD
boyband                                                   TBD
CrazyIT                                                    TBD
Tister350                  60                            TBD

dougules                                                   TMY 2023


The list has been updated.  Come on folks, let us not be shy aborting filling those missing fields.  Age and FIRE date are, after all, only numbers.

We’re at 26 for 2021 with just over 26 months to go.

I admit there are times at work when I open up my spreadsheet and calculate how many hours per week I would have to work at the corner gas station if I just hung it up today.  But then I realize it’s only 30 months more for me and I determine I can gut it out a bit more.

I'll be 52 when I retire. Feel free to update that tidbit on mine. :)
I always used to say that no matter what I would strive to retire by 55 and then just work at McDonalds and later changed that to Walmart or Home Depot to get by if needed. Then I found MMM and pulled things in and shouldn't need to work at all.
Now to stay motivated I look at how many days I have left to retire, once it got below 1000 it felt great. Then remove weekends, holidays, and vacation and it becomes a cake walk.

Money Badger

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Re: 2021 FIRE Cohort
« Reply #218 on: November 05, 2018, 07:33:01 PM »
Put Money Badger down as 50 today, 53 at FIRE date...    Kind of surreal to realize that after 30+ years of a career, the next chapter of life is "pre-tirement" (hanging up the corporate shoes before getting "aged out" of hi-tech).   Less than a cheap car loan to go...   Then I plan to work at a cause that earns a little something in an environmental/outdoors/botanical field, but really is for a cool and social cause.   There really a lot of endowed causes I'm finding in my area and network.  And once you're in the non-profit community with corporate experience, it's pretty amazing what opens up as a lot of the circles cross in the community...    "Good deeds done cheap"!

sisto

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Re: 2021 FIRE Cohort
« Reply #219 on: November 06, 2018, 09:39:32 AM »
Put Money Badger down as 50 today, 53 at FIRE date...    Kind of surreal to realize that after 30+ years of a career, the next chapter of life is "pre-tirement" (hanging up the corporate shoes before getting "aged out" of hi-tech).   Less than a cheap car loan to go...   Then I plan to work at a cause that earns a little something in an environmental/outdoors/botanical field, but really is for a cool and social cause.   There really a lot of endowed causes I'm finding in my area and network.  And once you're in the non-profit community with corporate experience, it's pretty amazing what opens up as a lot of the circles cross in the community...    "Good deeds done cheap"!
I'm hoping to be aged out of tech on my terms. Fingers crossed for a nice voluntary separation package around my FIRE date. :)

Money Badger

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Re: 2021 FIRE Cohort
« Reply #220 on: November 06, 2018, 06:23:22 PM »
I'm hoping to be aged out of tech on my terms. Fingers crossed for a nice voluntary separation package around my FIRE date. :)

Go for it and best of luck!   Play the game, and never take a "counter offer" when the time comes to leave though...   I've watched several senior "franchise player" people get reeled back in, only to be miserable for a few months until their replacement gets hired, then "BAM", one day their desk is emptied out and the only way to find them again is on LinkedIn messaging...   Amazing how people with top educations and long careers end up being "disposed of" (usually for giving the wrong opinion to the wrong leader in power plays).   And we wonder why there's a shortage in hi-tech...  not much room for people in cut throat global competition with countries who are trying to rise out of poverty will work man years for nickels to win otherwise.    Hang in there!

sisto

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Re: 2021 FIRE Cohort
« Reply #221 on: November 07, 2018, 08:23:14 AM »
I'm hoping to be aged out of tech on my terms. Fingers crossed for a nice voluntary separation package around my FIRE date. :)

Go for it and best of luck!   Play the game, and never take a "counter offer" when the time comes to leave though...   I've watched several senior "franchise player" people get reeled back in, only to be miserable for a few months until their replacement gets hired, then "BAM", one day their desk is emptied out and the only way to find them again is on LinkedIn messaging...   Amazing how people with top educations and long careers end up being "disposed of" (usually for giving the wrong opinion to the wrong leader in power plays).   And we wonder why there's a shortage in hi-tech...  not much room for people in cut throat global competition with countries who are trying to rise out of poverty will work man years for nickels to win otherwise.    Hang in there!
@Money Badger The only way I'll stay past my FIRE date is if they allow me to do part time and work on what I want. Then I would just be doing it for the benefits to allow the retirement money to really compound and to make sure I'm extra safe against sequence of returns risk. I would also only do it for 3 more years max in order to be 55 and take out my 401K money easier instead of having to do a rollover and SEPP or ROTH ladder. It's definitely become more clear the last few years that I'm just a cog in the wheel or just a number. You and I are in the same boat, I'm 49 and will turn 50 early next year. I'm so sick of the power plays and playing the game. I've been fortunate to be in a place where I can avoid lots of it. I see it happening, but don't have to be part of it. Then I also have enough FU money to not care and speak my mind when asked. I'm definitely hanging in, but ready to hang it up. The next 2.5 years is going to be long and brutal so I'm hoping to plan some great vacations to get me through it. To FIRE!!!

effigy98

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Re: 2021 FIRE Cohort
« Reply #222 on: November 07, 2018, 01:28:15 PM »
My update - Still looking possible.

Was a good year in the tech industry.

- Paid off house.
- at 900k investment accounts
- College fund and HSA funded now 20k each.
- Still in a very boring job but got a 90k/yr TC bump this year with no added responsibility or extra hours (thanks supply and demand).
- Rental down to 70k owed

PHASE 2 GOALS (2019 - 2021) (FI)
- 1m investment accounts
- Find fun and easy job and try to work with or hire friends
- Rental paid off
- 50k kid college fund
- 28k HSA
- Invest in fixer upper house (to retire to) with some land and fix it up, sell primary residence or rent it out
- Make house very self sufficient, solar, garden, potential rental apartments or storage places, etc and get expenses to good levels for ACA subsidies.

December 2021, retire (44yr)!

effigy98

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Re: 2021 FIRE Cohort
« Reply #223 on: November 07, 2018, 01:35:01 PM »
Put Money Badger down as 50 today, 53 at FIRE date...    Kind of surreal to realize that after 30+ years of a career, the next chapter of life is "pre-tirement" (hanging up the corporate shoes before getting "aged out" of hi-tech).   Less than a cheap car loan to go...   Then I plan to work at a cause that earns a little something in an environmental/outdoors/botanical field, but really is for a cool and social cause.   There really a lot of endowed causes I'm finding in my area and network.  And once you're in the non-profit community with corporate experience, it's pretty amazing what opens up as a lot of the circles cross in the community...    "Good deeds done cheap"!
I'm hoping to be aged out of tech on my terms. Fingers crossed for a nice voluntary separation package around my FIRE date. :)

This is my plan too. The severance packages are insane... Engineering your own layoff, should actually be kind of fun and an interesting experience.

frugalecon

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Re: 2021 FIRE Cohort
« Reply #224 on: November 21, 2018, 04:01:01 PM »
1000 calendar days until I hit my MRA, for all you Feds out there. Seems like a milestone.

900 days now...who knows if I will bail then or just play the OMY game...guess it depends a little on financial market returns. But I think I could make it work in 2021 if I had to.

ScreamingHeadGuy

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Re: 2021 FIRE Cohort
« Reply #225 on: November 21, 2018, 06:00:22 PM »
1000 calendar days until I hit my MRA, for all you Feds out there. Seems like a milestone.

900 days now...who knows if I will bail then or just play the OMY game...guess it depends a little on financial market returns. But I think I could make it work in 2021 if I had to.

@frugalecon Should I update the table to anticipate a May date for you?  I do like to fill that chart.

frugalecon

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Re: 2021 FIRE Cohort
« Reply #226 on: November 23, 2018, 06:52:10 AM »
1000 calendar days until I hit my MRA, for all you Feds out there. Seems like a milestone.

900 days now...who knows if I will bail then or just play the OMY game...guess it depends a little on financial market returns. But I think I could make it work in 2021 if I had to.

@frugalecon Should I update the table to anticipate a May date for you?  I do like to fill that chart.

@ScreamingHeadGuy , I will let you know if/when it seems right to add me to a table. I think that it is a bit premature.

12321

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Re: 2021 FIRE Cohort
« Reply #227 on: November 29, 2018, 10:14:12 AM »
tentative date! 1-23-21. hopefully will get more realistic as we get closer, will keep y'all updated!

HumanAfterAll

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Re: 2021 FIRE Cohort
« Reply #228 on: December 04, 2018, 11:25:56 PM »
I'm targeting June 2021 at age 44. 

After a year and a half of crisis mode at work (aerospace), I needed some light at the end of the tunnel, so I picked a date.  Several factors aligned:  2021 will be my 15 year anniversary at work; stock will be fully vested (probably worth $0, but who knows); and my daughter starts school that fall, so daycare costs will go down.  My wife  is back to full-time work, so now our savings rate is back up to 60% and we are on track to hit our target sometime in 2021. 

My work has been increasingly stressful over the last 18 months.  I said yes to a big opportunity, and was committed and stretched and worked nights and weekends and traveled.  Said yes to extra opportunities that involve sonic booms :)  but also travel away from my preschool daughter :(  Then there was a re-org, and my job changed again to include personnel management, which was new to me.  As an introverted engineer, my ideal day would be 80% focused, creative, analytical work.  Instead now I wake up at 5AM so I can get 1 hour of uninterrupted time in the office before meetings and email storms begin each day. 

My team is great, but it kills me when I can't get them the support they need.  I waited out a leadership change to see if demands would become more realistic; negative.  I tried three ways to convey that expectations were unrealistic and we weren't going to hit our targets based on bottom-up data and recovery plans, that we needed relief and 1-2 clear priorities instead of 5, but was told to deliver all 5 on time.

I finally lost faith, didn't want to play the game.  Magically, our company rolled out an internal mobility policy.  No longer could my manager veto a transfer out of the program.  So I started talking to other managers with open positions, gave my manager the heads-up, and he offered to let me define my role if I would stay.  Now we are interviewing internal candidates to take over my current role.  Soon I'll be out of the management game!  I'm looking forward to enjoying the next two and a half years at work, to do real engineering again, to learn from great people, and to hopefully hop on some fun projects. 

It feels strange to be a 'lame duck' while we find my replacement.  Maybe more strange is saying no to increasing advancement and stepping off the ladder, but I know this was never my intended path.  I know I need to dial back the stress to preserve my health, to have enough energy to be a great parent for my daughter and to be a great husband for my wife. 

Setting a date and making this career change feel like the first two steps of the end game :)

MarcherLady

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Re: 2021 FIRE Cohort
« Reply #229 on: December 05, 2018, 12:41:13 AM »
Well done, El Beardo, stepping back from promotion is always a strange experience. For me it was a combination of 'what will people think?' and relief. 

HumanAfterAll

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Re: 2021 FIRE Cohort
« Reply #230 on: December 05, 2018, 09:20:13 PM »
Note - updated my username.  El Beardo Numero Uno was my old handle, from the early days of the MMM forum, but after my first post in a long time I'm ready for something less cringe-worthy.

ScreamingHeadGuy

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Re: 2021 FIRE Cohort
« Reply #231 on: December 06, 2018, 08:23:33 PM »
Name.                      Age (self-reported)   FIRE Date
MarcherLady             49                           October 10, 2020 OLY

Matz_70                   50                           January 1
12321.                                                    January 23
dreams_and_discoveries 39                      February
Chaplin                     47                           March 23
ScreamingHeadGuy   41                            April
WildJager                 35.                           May
FIREArtist                 47                            June 1
Sisto                         52                            June 7
YoungGranny.             31.                          June 30
HumanAfterAll.          44.                           June
Ladychips.                55                            July 1
Nazar                                                      July 1
Peter Parker                                             July 12
CarolinaGirl.              50.                          July
Arbitrage                  43.                           August 1
Wadiman                                                 August
GBRS                       36                            September
the_fixer                   49                           October1
damo                                                       October
Boyband.                   37.                          October
Frizzywhiskers.           50                           November 5
Money Badger.           53                          December 1
Accountant007          48                          December 23
Bownyboy                 29                           December 25
dougules                   43                         December 27
Ulysses Everett McGill 55                         December 31
SassyG                     54                           TBD
frugalecon                                                TBD
boyband                                                   TBD
CrazyIT                                                    TBD
Tister350                  60                            TBD

dougules                                                   TMY 2023
« Last Edit: March 06, 2019, 06:49:58 PM by ScreamingHeadGuy »

frizzywhiskers

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Re: 2021 FIRE Cohort
« Reply #232 on: December 08, 2018, 08:50:19 AM »
You could add in my age @ScreamingHeadGuy next time you update!  My retirement date is my 50th bday in 2021!

ScreamingHeadGuy

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Re: 2021 FIRE Cohort
« Reply #233 on: December 08, 2018, 03:46:33 PM »
You could add in my age @ScreamingHeadGuy next time you update!  My retirement date is my 50th bday in 2021!

I have updated the table.  What an awesome birthday present to give yourself.

Matz_70

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Re: 2021 FIRE Cohort
« Reply #234 on: December 12, 2018, 01:57:05 PM »
Federal employee here...will hit MRA in 2021...1019 days, to be exact. (727 weekdays!) Am already FI in some sense, in some place, starting to feel like I will have a big decision to make in a few years.

Was telling someone recently about the feeling of freedom I have felt at certain points in my life (e.g.  long road trips), and realized that is what I want to feel every day.
I like the idea of looking at it by number of days left. I think once you get below 1000 it should start feeling amazing.
I love the idea of feeling amazing about the number of days. 426 work days to go :)
« Last Edit: December 12, 2018, 02:10:13 PM by Matz_70 »

Matz_70

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Re: 2021 FIRE Cohort
« Reply #235 on: December 12, 2018, 02:13:54 PM »
Name.                      Age (self-reported)   FIRE Date
MarcherLady             49                           October 10, 2020 OLY

Matz_70                   50                           January 1
12321.                                                    January 23
dreams_and_discoveries 39                      February
Chaplin                     47                           March 23
ScreamingHeadGuy   41                            April
WildJager                 35.                           May
FIREArtist                 47                            June 1
Sisto                         52                            June 7
HumanAfterAll.          44.                           June
Ladychips.                55                            July 1
Nazar                                                      July 1
Peter Parker                                             July 12
Arbitrage                  41                           August 1
Wadiman                                                 August
GBRS                       36                            September
the_fixer                   49                           October1
damo                                                       October
Frizzywhiskers.           50                           November 5
Money Badger.           53                          December 1
Accountant007          48                          December 23
Bownyboy                 29                           December 25
dougules                   43                         December 27
Ulysses Everett McGill 55                         December 31
SassyG                     54                           TBD
frugalecon                                                TBD
boyband                                                   TBD
CrazyIT                                                    TBD
Tister350                  60                            TBD

dougules                                                   TMY 2023

I find it interesting that our average age is 46.5, only 16.5 years after MMM but more than 20 years less of most government's ideas.

boyband

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Re: 2021 FIRE Cohort
« Reply #236 on: January 01, 2019, 01:55:52 PM »
Figure I should post here. 2021 is an aggressive but not unreasonable goal for us to reach FI.

"Before Enlightenment chop wood carry water, after enlightenment chop wood carry water"

For us not a lot will change - I've just set up my own company and love my field. My wife will probably retire and find something else to do, but that's fine.

Financially we are about 70% of the way there, to an amount that will give us a comfortable middle class lifestyle and the house paid off.

Interested to see how all our paths go on this!

For completeness and the table, 2021 October would be the planned date, for dates of 39/37 for wife & myself.

We're down a lot with the market going a bit nuts - we've only invested lately, so are down a lot. I'm not worried though - it will look after itself, the main thing is keeping my business going well.

Arbitrage

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Re: 2021 FIRE Cohort
« Reply #237 on: February 04, 2019, 02:11:08 PM »
2021 is still so far away...

If you feel like updating, my age at the planned FIRE date in August will actually be 43, not 41 as listed.  No big deal if not.  There's still sooo much time to go and correct it.

Can you guess my mood? 

I suppose that if every month were like January, I wouldn't have to wait until 2021!  Then again, if every month were like December, FIRE 2021 would be a pipe dream.  I'm going to hazard to say we'll be somewhere in the middle for average monthly performance.

ScreamingHeadGuy

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Re: 2021 FIRE Cohort
« Reply #238 on: February 04, 2019, 02:45:06 PM »
I have updated the table (post above) based on new data and corrections noted since its original posting on 12/6.  Eventually I will get around to copy/paste it to a new post; probably when this thread moves faster.

Finances

2018 finished with my stache 6.6% below my target (assuming long term market returns).  That was still 79.7% of my “FIRE number”. 

January of this year almost made up for last year’s fourth quarter and the stache is now at 99.5% of the target.  This puts the stache at 85.9% of my “FIRE number”.  My trajectory still puts me on pace for 2nd quarter of 2021.  Is it really only 27 months away?

Life

End of January was such a bunch of garbage weather.  I like to be outside, but when the forecast says frostbite occurs in less than five minutes I get stir-crazy really quickly.  Fortunately that weather broke and doesn’t look to come back again this winter.  Funny bit - the forecast for later this week had a high of 10 one day and the description was “frigid” - pshhhhh.



Greenback Reproduction Specialist

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Re: 2021 FIRE Cohort
« Reply #239 on: February 19, 2019, 04:54:39 PM »
Hi everyone, been a while since I've posted so here is an update on where we are at. Our biggest advancement came last year when I got a really big raise, 5 years ago I would never have imagined earning this much money, but sometimes timing is everything. Our industry is seeing large growth and a combination of a labor shortage, being highly skilled, and hard working has really blessed our family(and I dont use 'blessed' ever). We are extremely fortunate to be in such a great position. I dont like to count our chickens before they hatch and only time will tell, but should be a hell of a ride to FIRE : )

We find ourselves currently with enough set aside to do basically whatever we want. So we got our FU money taken care of.

I think we are about 50% of full funded for FIRE.

CarolinaGirl

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Re: 2021 FIRE Cohort
« Reply #240 on: February 28, 2019, 04:33:55 PM »
Hey guys...  Room for one more?

I’m shooting for July 2021.  I’ll be 50 years young.  :)
Like frizzywhiskers, it will be my birthday present to myself!  I always did give myself the best gifts.  Ha!
« Last Edit: February 28, 2019, 04:39:43 PM by CarolinaGirl »

MarcherLady

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Re: 2021 FIRE Cohort
« Reply #241 on: March 01, 2019, 12:37:13 AM »
Hi CarolinaGirl, and welcome. We must be birthday (year) twins.

I'm still here, still pushing for 2020, although some days I just want to throw a tantrum and quit NOW!

We should reach our number sometime between May-August this year, things really depend on Brexit and who knows what that's going to look like. The Pound has really strengthened in the last week and that's had quite the negative impact on the stash. Seems kind of unpatriotic to resent that though!

the_fixer

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Re: 2021 FIRE Cohort
« Reply #242 on: March 01, 2019, 08:41:14 AM »
Nice our group is slowly growing in size :)

So close yet so far away...

From a waiting to start the next part of my life perspective it seems so far away and it seems like the date will never come.

From the financial side of things I look at it and it seems like it will be here in no time at all and start to stress that I will be able to amass enough  by then despite having every paycheck between now and then plotted.

Interesting feeling and place to be in.

Sent from my Pixel 2 XL using Tapatalk


ScreamingHeadGuy

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Re: 2021 FIRE Cohort
« Reply #243 on: March 03, 2019, 07:09:41 PM »
The 12-6-2018 list posting has been updated to reflect all changes since it was last updated on 2-4-2019.  Nice to see we've now got 28 folks lined-up for FIRE in 2021. 

Finances:
December 2018 - 79.7%
January 2019 - 85.9%
February 2019 - 90.6%

After 4Q 2018 when "the market taketh" it looks like this is the part when "the market giveth".  Nice to see the stash climb upward in huge chunks.  Heck - if the market keeps up this pace I might hit "my number" two years early!  (I don't expect that to happen.  And even if it did it's not that I'd 2LY; I'm nowhere mentally prepared and I haven't done mechanical things I'd need to do one year in advance like stop reinvesting dividends and calculating my basis for long-term investments.)   

We are at the point where I could dial work way back (two days a week at the corner gas station level of effort).  But I would rather push on and hit my target rather than coast into FIRE.  Of course once I actually hit the target then it becomes a mental and market issue.  (Yes, I've already read Dr. Doom's "Quit Series"; it's awesome and helps me understand the psychology involved - as much as someone can without living through it that is.  But I'm still nowhere near mentally prepared.)

Life:
Well, February ended up having just as bad of weather as January did.  The first week of March is looking to lay an egg, too.  This weather is why I plan my FIRE date in April - even though I may hit "my number" earlier in the year.

My Friday night D&D group (I'm a player in this group) started a new campaign this past month.  It's always a shock after ending a long-running campaign with high-level characters to start anew with fresh low-level characters and get KO'd in one hit.  At the same time it's refreshing because everything is more meaningful (there's value to finding arrows and copper coins). 

I'd filed my taxes for 2018 and was pleasantly surprised at the federal refund I'd received (yes I know it means I had them withhold too much in taxes but I was really uncertain with the new law and erred on the side of caution) and also pleased with how close I was with my state taxes (wound up owing $6). 

Work is alright still.  Some days are s-l-o-w and others are very busy.  I like to manage workload better that that - but what can a person do when he's not authorized to start work on a project one day and the next everybody wants something RIGHT AWAY.  Sometimes I wish my responsibilities were more like they were five years ago because then I'd get to spend more time just doing design (the part of my job I find really fun) and less time dealing with the client and managing co-workers' workloads (obviously less fun, but the reason my pay is what it is).  In fact it's my theory that "senior level" employees need to get higher pay because that's the only way this level of work BS is tolerable. 


YoungGranny

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Re: 2021 FIRE Cohort
« Reply #244 on: March 06, 2019, 08:08:02 AM »
I want to join the 2021 party! Aiming for June 30 two months before my 31st birthday. My stache is currently at ~60% of the goal but with a savings rate in the ~70% range my projections show that 06/21 is reasonable and I want to stay accountable the next couple years =D

ScreamingHeadGuy

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Re: 2021 FIRE Cohort
« Reply #245 on: March 08, 2019, 07:12:39 PM »
This ought to clean up the list.  I've removed some duplicates and have re-formatted to be a true table.  All posts through 3/8/19 should be reflected.  Please post an update/correction if you notice I've made an error in re-entering the data.  Otherwise keep on keeping on.

 
NameAge (at FIRE)FIRE Date
Marcher Lady4910/10/2020
Matz_70501/1/2021
123211/23/2021
dreams_and_discoveries39February
Chaplin473/23/2021
ScreamingHeadGuy414/23/2021
WildJager35May
FIREArtist476/1/2021
Sisto526/7/2021
YoungGranny316/30/2021
HumanAfterAll44June
Ladychips557/1/2021
Nazar7/1/2021
Peter Parker7/12/2021
CarolinaGirl50July
Arbitrage438/1/2021
WadimanAugust
GBRS36September
the_fixer4910/1/2021
damoOctober
Boyband37October
Frizzywhiskers5011/5/2021
Money Badger5312/1/2021
Accountant0074812/23/2021
Bownyboy2912/25/2021
Ulysses Everett McGill5512/31/2021
SaddyG54TBD
Tister35060TBD
frugaleconTBD
CrazyITTBD

ALDI

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Re: 2021 FIRE Cohort
« Reply #246 on: March 09, 2019, 11:17:51 AM »
Hi everyone

Great to see all the progress here, very motivating....

I am planning to FIRE in 2021, date tbd.

I will be in my early fifties.

My middle management job was fulfilling for quite some years, I love the business I am working in. But since 2016 or so I feel torn apart between my mission to give my team members all the resources they need to do their job successfully and a senior management that is not keeping promises in terms of resources and to the contrary, adds layers of administrative duties. Micro Management, not my style. The grass is not greener next door, though, as I can hear from my friends in the industry.

I am currently approx. at 3/4 of the target amount of financial assets.

My exit strategy is a bit complicated as I have to deal with many side constraints. Just giving notice is a strategy that leaves too much money on the table...

In 2021 the last of 3 kids will be out of school, and maybe out of the house as well. DW and me plan to catch up on some bucket list travel plans as we will be empty nesters. Downsizing housing (no mortgage, HCOL area) will free a some home equity later on.

As I am located in the Eurozone, you have to know that EUR Govi bond yields are depressingly low. This leads to a very aggressive asset allocation (85% global equities, 15% EUR bank deposits). I carried high equity risk in my portfolio all my adult life since I bought my first stocks at 16 so that my mental risk capacity is quite high. But I plan to increase the cash part by 10 or 15% around FIRE date to manage sequence of return risk. I read an article on Kitces.com that it is important to increase equities if and when the ugly downside market scenarios don't materialize....

Have a good weekend wherever you are on this beautiful planet!





nazar

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Re: 2021 FIRE Cohort
« Reply #247 on: March 23, 2019, 09:46:49 AM »
What's really important...

This has been a rough week as my younger sibling suffered a massive silent heart attack.  No symptoms, but they went to the hospital because they had been suffering with a cold/ flu and breathing was becoming difficult.  So pneumonia on top of that, and also impaired kidney function and undetected diabetes were identified.  It will be a slow, difficult recovery with possible transplant in the future.  The doctors frequently told the spouse that age is on their side.  My take: having a heart attack that was not fatal at a younger than common age offers a better chance of recovery. I don't want this to be me.  I can't do much about genetics, but I can do what I can to control any other factors and avoid the same fate. I have not been doing all I can because of a stressful, all consuming job.

My sibling had a stressful prior year getting re - engineered into a lower position by new management and had just a few months ago changed jobs and found a new, ideal position.  My job is considerably more demanding and stressful than theirs and what led me to my plan to depart early in 2021.  I'm hanging around for a giant carrot that I will be eligible for in that year, but could walk away now.  I am wondering if it is worth it.  I am also concerned about the finances of my sibling and their spouse.  They are typical work till SS, Pensions and Medicare kick in types.  No material savings, but have AFLAC.  Insurance coverage post retirement until Medicare is my biggest concern.  I haven't had any catastrophic medical issues, but what if I do between now and 2021?  The job, which provides affordable coverage also is the greatest obstacle to a healthy life.  I'll likely stick to my plan,  but I am very concerned about the negative health impact of doing so.

MarcherLady

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Re: 2021 FIRE Cohort
« Reply #248 on: March 23, 2019, 11:49:48 AM »
Wow, nazar, that does sound scary and it certainly makes you revisit your priorities! Best wishes to your sibling, their partner and all your family.

HumanAfterAll

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  • Targeting 2021
Re: 2021 FIRE Cohort
« Reply #249 on: March 25, 2019, 10:18:59 PM »
Welcome to the party YoungGranny, ALDI and nazar!

nazar, I'm sorry to hear of your sibling's heart attack.  Best of luck to you & your family during the recovery, and thank you for sharing the story for perspective.

ALDI, I feel your pain with the middle management bind.  Congrats on being close to freedom!

2021 is coming right up!  Is anyone else starting to think about changing their investing mindset from Accumulation to Drawdown?  Are you putting your new savings contributions into bonds, CDs, or cash?  ALDI it sounds like you are on that path.  Doing anything fancy to prepare to get money out of retirement accounts?

I'm not fully committed to quitting in 2021, and my wife probably won't quit outright, so I'm not making any big moves.  Back in October I started getting worried about where we are in the market cycle (Howard Marks) and Sequence of Returns Risk.  I found Portfolio Charts, and after a few weeks of reading & research, decided to start putting new money into gold (up to 15%) rather than buying stocks.  Gold is controversial, but I've concluded it is good downside insurance for the early retirement years.  To my mild annoyance, at the end of 2018 stocks tanked and gold went way up, at which point I stopped buying, well short of my target.  Now I'm in this weird place where my target asset allocation calls for more gold, but it's expensive so I'm not buying it.  I can start accumulating cash, but after so many years focused on accumulation and growth, it's testing my patience to have money 'off the table' and missing out on potential earnings.  If I was more serious about pulling the plug, maybe I would feel better about it. 

So if this recession forecast is real, will class-of-2021-ers be buying stocks on the way down, or something safer for the next 5 years of spending money?