We aren't ER, but downshifting. I found an old thread of mine and realized that it's been almost a year and last year I just was thinking of ER, now we've settled on moving without jobs to a new location and seeing what happens.
So since last June
home equity $200k, now $250k (conservatively probably more like $350k)
Retirement $385k, $500k
Taxable $140k, $225k
College $10k, $14k
I know we're saving probably around $60k/year and we're still living on $65k. So right now we are deciding do we cut bait and move summer 2015 or wait till summer 2016.
Reasons to move 2015 - DD1 starts kindergarden, tired of where we are, ready to start fresh
Reasons to stay 2016 - sabbatical summer 2015, pad our nest egg another year and potentially another $100k.
I don't have a retirement budget yet but I use $60k as our expenses and we'd need $1.5M conservatively I might say $2M. We're about half way there and on track to probably ER by 45 or 10 years.
So should we stay 1 or 2 years?