I'm looking for advice that you experienced Mustachians have for my situation.
A bit of background:
I make a very good living (it varies, but usually around the 110K mark), and after learning about this way of life a little over a year ago I managed to invest about 60% of my net income last year, which sounds great but really is just puny because my husband takes care of all the household expenses except the groceries, clothing, and daycare... so I've been doing lots of reading the past few months about changing my mindset and living more frugally. That being said, I'm also decreasing my workload starting in January to spend more time with my son so next year my pay will be about halved.
Some numbers:
Age: 36
$187000 in RRSP
$ 53000 in TFSA
$ 92000 in non-registered index funds.
I think I'm starting from a good place (you tell me!), and want to retire by 45. At current rates, I'll be able to save $30000/yr even with reduced workload. (Hopefully more as I build my frugality muscles!)
My challenge is my husband. He has the heart of a mustachian. He HATES spending money (he ate a can of beans for lunch for a YEAR. Before we married he kept the thermostat at 10 degrees C - 50F - in the winter to save money! Needless to say, he paid off the house when we married 8 years ago). He also doesn't love his job (he also works part time now to spend more time with boy). So I know that early retirement for us is TOTALLY doable! But he will not make any plans with me. I want to be able to say: "X is our goal" and work together towards it then quit and enjoy FIRE together, but he just shrugs it off. I know very little about his finances except that he keeps a lot in the bank (about $300k?)- he has analysis paralysis and can't decide where to put it, despite both my and my financial adviser's attempts to persuade him to invest it.
I did suggest a few weeks ago that based upon what I had invested and what he had saved I thought we could retire within 5 years (but this was really a wild guess since I don't know how much the bills are that he pays), but he just said that it is good to have an income and one never knows what's going to happen... ARGH!!!
I guess I'm just ranting now, so I'll ask some concrete questions:
1) Advice for retirement planning without spouse's information.
...I guess that's it. I can't ask how to change my husband because I've gone in circles on that front!!
---- the only other thought I've had is that somehow my frustration is my own problem (a la Jack Sparrow: "The problem is not the problem. The problem is your attitude about the problem."). Thoughts on this front would be appreciated too!