Getting some more certainty around my date - going to have my last day on the first day of the new financial year (July 3). This is to put any leave payouts (about $20k) into the next financial year (Australian tax year), which will be a lower tax year. Have also booked in an arrival date into a new country for the 10th of August, so its all happening!
On the buffer and resiliance issues, I've suffered OMY syndrome for a while now. My buffers are:
- My expected spend is lower than my portfolio income (dividends). I know about the maths of total return, but psychologically this works for me. Makes me think I'm still having a bit of cash flow.
- I'm intending on holding a years costs in cash. The rest of the assets are in shares / property.
- I'm accompanying my (soon to be) wife on a posting overseas for three years. If FIRE doesn't work out, its a pretty easy story to pitch that I took a three year sabbatical to accompany her, and return to work afterwards.
Next step is trying to convince her that she can also RE after the three years. Maths and I say she can, but she isn't ready for it - she still has some needs for work for stimulus, ego and goal hitting.
Threshkin (at 59) Graduated to 2016!
Metta (at 55) January 1, 2017
MrsWhipple (at 32) January 1, 2017
MsGreenStash (at 51) January 1, 2017
FIRE me January 3, 2017
Zineth (at 49) January 17, 2017
MarciaB (at 55) January 31, 2017
rahby1us January 31, 2017
mf3333 (at 56) January 31, 2017
Remote_Landlord (at 39) May 8, 2017
easypeasy (at 35) March 15, 2017
Myhotrs (at 38) March 31, 2017
oblivion March 31, 2017
John Doe April 1, 2017
Daisy (at 48) April 28, 2017
Zephyr911 (at 38) Summer 2017?
Jojo ?
MandyM (at 38) May 1, 2017
Mrs. Pomodoro May 1, 2017
Penguin159 May 12, 2017
Mrs. SwordGuy May 16, 2017
BNgarden (at 58) May 16, 2017
Rachael (at 42) May 21, 2017
RedmondStash May 31, 2017
Jack06 (at 42) June 1, 2017
Fairviewite (at 27) June 1, 2017
Romag June 1, 2017
Cottonswab (at 30) June 1, 2017
Financial Asc. (at 39) June 1, 2017
Charlie Foxtrot (at 41) July 1, 2017
Bigchrisb (at 35) July 3, 2017
Freedom17 (at 38) July 28, 2017
UnleashHell July 28, 2017
Cookie78 (at 39) August 3, 2017
Jim2001 December 31, 2017
SwordGuy (at 59) OMY
noble_goal OMY
(p.s. how do you get this table to format?)