Author Topic: I just bought 2 days per year of free life, indefinitely. 363 to go.  (Read 187330 times)

FrugalByChance

  • 5 O'Clock Shadow
  • *
  • Posts: 49
  • Age: 48
  • Location: The Netherlands
    • Net Worth Progress
Re: I just bought 208 days per year of free life, indefinitely. 157 to go.
« Reply #550 on: December 31, 2020, 06:31:09 PM »
DateDaysThrough
Dec 2016  64Mar 4th
Dec 2017  94Apr 3rd
Dec 2018119Apr 28th
Dec 2019151May 30th
Dec 2020208Jul 27th

Jaayse

  • Bristles
  • ***
  • Posts: 280
  • Age: 34
  • Location: Somewhere on the Ocean
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #551 on: January 01, 2021, 01:39:39 PM »
2017
December 1 - 91.60

2018
December 1 - 150.11

2019
December 1 - 195.86

2020
December 1 - 256.54

2021
January 1 - 267.64

I got my $600 stimulus deposit this morning.  As of today, I have through September 24th for my minimum FI.  Technically, based off of last year's spending (around 25k) I am FI, however, since I am in the military and receive free healthcare, there are quite a few unknowns in expenses and I have no idea where I will end up retiring to, so I have built quite a bit of extra into my FI numbers. 

TheStrenuousLife

  • 5 O'Clock Shadow
  • *
  • Posts: 57
  • Age: 33
  • Location: Canada
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #552 on: January 03, 2021, 06:14:26 PM »
Just starting and up to January 15 to start off 2021.

WhiteTrashCash

  • Handlebar Stache
  • *****
  • Posts: 1713
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #553 on: January 04, 2021, 07:15:39 AM »
We did very well this year and now we're up to December 22nd. Very soon we'll complete the calendar. This makes me feel pretty good! :-)

Assetup

  • 5 O'Clock Shadow
  • *
  • Posts: 62
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #554 on: January 06, 2021, 08:35:24 AM »
Gained 8 days last month and got to 84 days.  I really doubt those big gains will keep up but we'll enjoy it while we can


UnleashHell

  • Walrus Stache
  • *******
  • Posts: 8233
  • Age: 53
  • Location: Florida
  • Chapter IV - A New ... er.. something
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #555 on: January 06, 2021, 08:49:56 AM »
292 days.....

320 days.. thats 10 1/2 months...

336 days..... I'm into December....

Babybalrog

  • 5 O'Clock Shadow
  • *
  • Posts: 82
  • Location: Raleigh, NC
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #556 on: January 06, 2021, 03:07:21 PM »

haypug16

  • Handlebar Stache
  • *****
  • Posts: 1313
  • Age: 42
  • Location: Boston, MA
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #557 on: January 08, 2021, 09:22:03 AM »
2020 Update
April 13th 2018 = 23 days
April 30th 2019 = 32 days
December 31st 2019 = 38 days
December 31st 2020 = 52 days


Not bad, Goal for this year is to get to late March

Goal for 2021 - 2030
2021 - 85
2022 - 120
2023 - 150
2024 - 180
2025 - 210
2026 - 240
2027 - 270
2028 - 300
2029 - 330
2030 - 365


LeftA

  • 5 O'Clock Shadow
  • *
  • Posts: 45
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #558 on: January 29, 2021, 10:00:26 PM »
Closing in on the halfway mark...173 days / June 22.

gaja

  • Handlebar Stache
  • *****
  • Posts: 1435
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #559 on: February 03, 2021, 02:10:07 PM »
2020: 9 days total
January 5th to 13th

2021:
January: January 14th

Jaayse

  • Bristles
  • ***
  • Posts: 280
  • Age: 34
  • Location: Somewhere on the Ocean
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #560 on: February 03, 2021, 02:29:56 PM »

2017
December 1 - 91.60

2018
December 1 - 150.11

2019
December 1 - 195.86

2020
December 1 - 256.54

2021
January 1 - 267.64
February 1 - 268.58

Not too much progress over the last month, but almost another day added.

WhiteTrashCash

  • Handlebar Stache
  • *****
  • Posts: 1713
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #561 on: February 03, 2021, 06:50:05 PM »
Just made it up to December 29th. So close!

Assetup

  • 5 O'Clock Shadow
  • *
  • Posts: 62
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #562 on: February 04, 2021, 01:12:43 PM »
~3 days up and now at 87.78.  Hoping to hit April 1 buy the beginning of March.  If I do I think I'll go out and play some dumb pranks.  We'll see if the market can stay steady or gain a bit. 

Sent from my moto g(6) plus using Tapatalk


UnleashHell

  • Walrus Stache
  • *******
  • Posts: 8233
  • Age: 53
  • Location: Florida
  • Chapter IV - A New ... er.. something
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #563 on: February 05, 2021, 07:37:51 AM »
1/2 way through December now...

minority_finance_mo

  • Pencil Stache
  • ****
  • Posts: 742
    • Minority Finance
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #564 on: February 05, 2021, 10:42:01 AM »
I'm at March 21st - almost 1/4th of the way there.

dogboyslim

  • Pencil Stache
  • ****
  • Posts: 512
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #565 on: February 17, 2021, 10:46:52 AM »
I'll be around 259 days (September 16)at the end of Feb if the markets stay stable.  Was at 191 days (July 10) last February.  Targeting 286 (October 13) by year end, and I should hit my Dec 31st goal in 2024.


FLBiker

  • Handlebar Stache
  • *****
  • Posts: 1122
  • Age: 44
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #566 on: February 17, 2021, 04:00:19 PM »
Somehow, I've never seen this thread before.  I'm at December 16 (woah!).

We moved recently from the US to Canada, so I want to see exactly how our budget shakes out.  I knew we were close, but seeing it in calendar terms is really cool.

UnleashHell

  • Walrus Stache
  • *******
  • Posts: 8233
  • Age: 53
  • Location: Florida
  • Chapter IV - A New ... er.. something
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #567 on: February 18, 2021, 08:00:08 AM »
Christmas Day!!

Imma

  • Magnum Stache
  • ******
  • Posts: 2749
  • Location: Europe
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #568 on: February 22, 2021, 09:25:39 AM »
I jumped to 4.17 days this month! From 3.83 last month. Should hit 5 in by the end of summer!

Reached 5 today! Will hopefully reach 6 before the end of the year.

Am at 6.1 right now. Should hit 7 by summer. Progress is slow but steady.

7.05!!!!!

Reaching a full week feels really big. I get paid weekly so from now on there's one extra payday per year and it goes straight to the stash. Should reach 8 by the end of summer, but it might be earlier. I'm really starting to feel the compounding effect, I've been seriously investing for 4 years now.

8! Should be at 9 by the end of the year. Next year, one line in my budget will disappear and the money gained from this will go directly to the stash. My goal is to be at 9 days by the end of 2019 and at 14 by the end of 2020.

9,1! Should hit 10 by March and 14 by the end of 2020.

Already at 10.16, the stock market is really helping me along. Should be at 11 in late March. End of year goal is still 14 days.

At 10,01 now! Not too bad actually, considering the circumstances.

Less than 2 months later I'm at 11,20! Don't want to make any predictions but 14 days by EOY doesn't seem out of reach right now.

I am totally on track for 14 days by EOY! I'm at 13,8 now.

Aaaand I'm at 14,25 with one month left to go. It's going so fast now.

My goal for EOY 2021 was 21 days, but I'm going to make that 23 and see what happens.

Ended the year at 14,79 days!

How are ya'll coming up with a figure for your annual expenses in retirement?

A rough guess based on current expenses. I'm so far away from retirement it's hard to be precise. When I reach barebones FI (which is 300k in investments + by then a mostly paid off home) I'll figure out the details of RE.

So, in November 2020 I moved my EOY 2021 goal from 21 to 23.

It's end of Feb 2021 now. I'm at 17.3 already. I don't believe the market is going to keep up this pace, but if it did I'd be at 25 by EOY 2021. Seems like just a couple of days extra but that's 20% more days than planned.

catccc

  • Handlebar Stache
  • *****
  • Posts: 1694
  • Location: SE PA
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #569 on: February 22, 2021, 10:51:25 AM »
This is a fun concept!  Apparently I've 415 days of freedom for every year with my $1.7M stash and if I currently spend of $60K annually (for a family of 4).  We actually only spent $49K last year, but most years, with travel, it is closer to $55K.  I am not sure what health insurance costs will be after FIRE, so if I really need to throw of $70K a year, I'm only at 356 days of freedom for each year.  So, 9 days short.  Health care is such a wild card; I think I need to wait until we are at a nice round $2M.  Hopefully we hit that in the next year or so!

CCCA

  • Pencil Stache
  • ****
  • Posts: 607
  • Location: Bay Area, California
  • born before the 80's
    • FI programming
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #570 on: February 22, 2021, 12:34:47 PM »
This is a fun concept!  Apparently I've 415 days of freedom for every year with my $1.7M stash and if I currently spend of $60K annually (for a family of 4).  We actually only spent $49K last year, but most years, with travel, it is closer to $55K.  I am not sure what health insurance costs will be after FIRE, so if I really need to throw of $70K a year, I'm only at 356 days of freedom for each year.  So, 9 days short.  Health care is such a wild card; I think I need to wait until we are at a nice round $2M.  Hopefully we hit that in the next year or so!


Congrats! for health insurance, you might check to see if your state has an easy to use ACA website where you can browse health plans. If you enter the ages of your family members, you should be able to see how the plans stack up in terms of cost. You can get significant premium subsidies if your income is below 4x the federal poverty level which $60-70k in annual income would be.

catccc

  • Handlebar Stache
  • *****
  • Posts: 1694
  • Location: SE PA
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #571 on: February 23, 2021, 08:47:32 AM »
Congrats! for health insurance, you might check to see if your state has an easy to use ACA website where you can browse health plans. If you enter the ages of your family members, you should be able to see how the plans stack up in terms of cost. You can get significant premium subsidies if your income is below 4x the federal poverty level which $60-70k in annual income would be.

Thanks! I have looked at my state's site, and I think under ACA we would be able to find something very affordable given our income level.  My concern is if legislation changes things and affects our ability to obtain adequate insurance at that price point.  So I would like to budget for around $20K  for healthcare for my family of 4 just in case.  Hopefully we only need to use a small fraction of it!  I also wonder if this approach is just too conservative... but my partner doesn't want to leave too much to chance, so perhaps this is the best approach for us?

Jaayse

  • Bristles
  • ***
  • Posts: 280
  • Age: 34
  • Location: Somewhere on the Ocean
Re: I just bought 2 days per year of free life, indefinitely. 363 to go.
« Reply #572 on: February 28, 2021, 10:00:25 PM »
2017
December 1 - 91.60

2018
December 1 - 150.11

2019
December 1 - 195.86

2020
December 1 - 256.54

2021
January 1 - 267.64
February 1 - 268.58
March 1 - 277.78

Continuing progress, we'll see how things go this next month.