Author Topic: 2018 FIRE cohort  (Read 738266 times)

PhilB

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Re: 2018 FIRE cohort
« Reply #2200 on: December 31, 2018, 01:21:41 AM »
Congratulations @yoda34 on your baby.  I'm sure any disappointment at not FIREing in 2018 is absolutely insignificant compared to the joy of having your child. 


happy

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Re: 2018 FIRE cohort
« Reply #2201 on: December 31, 2018, 04:14:50 AM »
Hey are we all FIRED? Congrats to everyone. We are soon to be a past cohort...please post some followups.... and hope all the OMYs come to their senses in 2019.

davisgang90

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Re: 2018 FIRE cohort
« Reply #2202 on: December 31, 2018, 05:01:12 AM »
A little over six months in to FIRE and life is great!

Moved to a LCOL area, bought a great house and our budget is holding strong.  My income from pension and VA compensation is higher than I planned, so that's been nice.

Last shave day, was the day of my retirement ceremony, 15 June.  Beard is coming along nicely.


davisgang90

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Re: 2018 FIRE cohort
« Reply #2203 on: December 31, 2018, 05:02:40 AM »
Before...

happy

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Re: 2018 FIRE cohort
« Reply #2204 on: December 31, 2018, 05:03:05 AM »
O MY

SwordGuy

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Re: 2018 FIRE cohort
« Reply #2205 on: December 31, 2018, 08:14:27 AM »
It's been about 6 months since we FIRED.   Maybe I should say "FIRD" since it wasn't particularly "early".

It's been great in a host of ways.

Our time is much more our own and that's been simply awesome.   

We've done very well except for health-related issues.   My wife and I were sick for much of May.   My teeth have needed a lot of work and that's blown the budget.   My wife fell and sprained her ankle so she's been on crutches and in a wheel chair.   And my daughter (who has Downs Syndrome) slipped on the stairs this weekend and broke her leg, so now she's on a wheelchair.   I'm getting a real workout helping her in and out of her wheelchair.   If my back survives this I'll be much stronger for it.

So, health issues have made much of the last six months suck.

I can only say, I can't imagine how truly horrible it would have been if we had to try to go to work or if we couldn't pay our bills because we weren't working.  That would have turned a bad situation into a horrific one.

Sometimes being FI means you can roll with life's punches and still end up standing afterwards.

So even if not all FIRE stories start off full of beaches and sunshine, they are still better than being stuck in the workplace.

My wife's ankle and my daughter's leg will heal, my back will stop aching, and we'll have more fun outings next year instead of this one.


On the plus side, I've been enjoying getting some rental properties fixed up.   I was really enjoying painting the outside of rental #4 last week.  The weather was great, the work was soothing and I could start or quit pretty much when I wanted.   I'll start back up on it next week now that things are settling into a routine with my daughter.


My wife is getting around ok.   

My daughter has started walking again.   Slowly, and she's scared of falling.  She needs to wear an ankle brace for a few more weeks.   She gets tired easily after sitting instead of walking, so it may take another month to get her back up to speed.   

The big market volatility has been good for getting us used to market ups and downs.    Kind of like an innoculation.  $50k up, $50k down, it's all in a day's market wandering.   Good training for the bad times.

We'll finish rental #4 up in January.

Should be able to pick up a couple more rentals over the next couple of years.   I'll just keep looking for good deals.



wordnerd

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Re: 2018 FIRE cohort
« Reply #2206 on: December 31, 2018, 08:19:00 AM »
Nice pics, DavisGang! If you go big in post-military life, maybe try a mohawk too? ;)

High-fives all around! Even the OMYers (hey, 2019 starts tomorrow!). And, happy first FIREd new year to the class of 2018!

chasesfish

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Re: 2018 FIRE cohort
« Reply #2207 on: December 31, 2018, 08:24:10 AM »
Love the pictures(s) Davis!

Just under 11 weeks to go for this OMYer, but I am taking almost two of those 11 weeks off to be in Hawaii

ScreamingHeadGuy

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Re: 2018 FIRE cohort
« Reply #2208 on: December 31, 2018, 09:41:26 AM »
Congratulations to the 2018 cohort.  I hope you will keep coming back to give us updates and wisdom as your FI journeys continue. 

TomTX

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Re: 2018 FIRE cohort
« Reply #2209 on: December 31, 2018, 09:43:41 AM »
O MY

Don't forget - 6 months is also an option! ;)

Yoda - totally understand with the baby thing. Fortunately until we needed to start paying for care due to both working, costs haven't been bad at all.

RunningWithScissors

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Re: 2018 FIRE cohort
« Reply #2210 on: December 31, 2018, 09:54:37 AM »
Am I the last FiREee of 2018?  Last day of work was December 20th. Since then, it’s been a blur of Christmas celebrations and travel to our new home.  Have spent the last few days setting up the new house.

Doesn’t feel real yet since it’s a traditional holiday time.  Hopefully, it’ll sink in after a few more weeks.

HAPPY NEW YEAR everyone!!

Cherry Lane

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Re: 2018 FIRE cohort
« Reply #2211 on: December 31, 2018, 10:31:37 AM »
Am I the last FiREee of 2018?  Last day of work was December 20th. Since then, it’s been a blur of Christmas celebrations and travel to our new home.  Have spent the last few days setting up the new house.

Doesn’t feel real yet since it’s a traditional holiday time.  Hopefully, it’ll sink in after a few more weeks.

HAPPY NEW YEAR everyone!!

I think you'll have the best new year ever, since it will start with not going to work!  Congratulations.

Calvin

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Re: 2018 FIRE cohort
« Reply #2212 on: December 31, 2018, 11:03:40 AM »
Hi all! First off, congrats to all those who FIREd this year!!!

A long-belated update:

TLDR: 1-2 more years. Quit job and started a business ~3 years ago that's going really well. Planning to "semi-retire" in about a year.

Not too long after I joined the cohort I ended up quitting my job and started a business related to my industry. The first year was a little slow getting things off the ground but at this point I've more than replaced my income from my job, so that's pretty awesome!

Also, I moved closer to family last year and bought my first house this year, so a few big changes recently.

Now that the business is going well, my plan is to dial back my time in it by the end of 2019 so that I'm more-or-less "semi-retired." But, I plan to keep the business going for the foreseeable future since it's fairly flexible, is doing well and I mostly enjoy it.

That's it for me. Once I have more settled plans, I'll probably jump into the 2020 cohort.

Cookie78

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Re: 2018 FIRE cohort
« Reply #2213 on: December 31, 2018, 11:21:30 AM »
Congrats to everyone on team 2018!!

2Birds1Stone

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Re: 2018 FIRE cohort
« Reply #2214 on: January 01, 2019, 06:16:02 AM »
Congrats everyone! Living vicariously through your experience has been very motivating and inspiring.

Trifle

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Re: 2018 FIRE cohort
« Reply #2215 on: January 01, 2019, 06:29:40 AM »
Congrats everyone! Living vicariously through your experience has been very motivating and inspiring.

+1!  Congrats Class of 2018!  Thanks for the motivation and I hope you all have a fantastic 2019. 

Any and all OMYers are welcome to join us over in the 2019 cohort.  Party's just getting started over there . . .

Loren Ver

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Re: 2018 FIRE cohort
« Reply #2216 on: January 01, 2019, 06:40:58 AM »
Many Congratulations to the 2018 success stories, whether you pulled the rip cord or re-evaluated and made a new plan.  You are so far ahead of the game it is worth taking a moment to reflect on all you have already accomplished!

May you have continued success in all that you set your minds to!

Loren

DavidAnnArbor

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Re: 2018 FIRE cohort
« Reply #2217 on: January 01, 2019, 08:00:08 AM »
Yesterday I closed down my office in Southfield, removed all my belongings and put the keys in the landlord's mailbox.
I'm now part time, with no more 80 mile round trip drives.

My part-time work will still generate income larger than my needs so I will still be saving money.
I also intend to SPEND MORE !!! Hello spinning classes, magazine/newspaper subscriptions, etc. etc.
« Last Edit: January 01, 2019, 08:02:31 AM by DavidAnnArbor »

PhilB

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Re: 2018 FIRE cohort
« Reply #2218 on: January 03, 2019, 02:03:27 PM »
Yesterday I closed down my office in Southfield, removed all my belongings and put the keys in the landlord's mailbox.
I'm now part time, with no more 80 mile round trip drives.

My part-time work will still generate income larger than my needs so I will still be saving money.
I also intend to SPEND MORE !!! Hello spinning classes, magazine/newspaper subscriptions, etc. etc.
I rather like the fact that as the last member of the cohort you got to turn out the lights!

DavidAnnArbor

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Re: 2018 FIRE cohort
« Reply #2219 on: January 03, 2019, 04:16:18 PM »
Yesterday I closed down my office in Southfield, removed all my belongings and put the keys in the landlord's mailbox.
I'm now part time, with no more 80 mile round trip drives.

My part-time work will still generate income larger than my needs so I will still be saving money.
I also intend to SPEND MORE !!! Hello spinning classes, magazine/newspaper subscriptions, etc. etc.
I rather like the fact that as the last member of the cohort you got to turn out the lights!

Haha good point. I turned off the lights metaphorically and literally.

elaine amj

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Re: 2018 FIRE cohort
« Reply #2220 on: January 04, 2019, 08:53:57 AM »
Yesterday I closed down my office in Southfield, removed all my belongings and put the keys in the landlord's mailbox.
I'm now part time, with no more 80 mile round trip drives.

My part-time work will still generate income larger than my needs so I will still be saving money.
I also intend to SPEND MORE !!! Hello spinning classes, magazine/newspaper subscriptions, etc. etc.
That's so exciting! Especially ditching that commute!!

Sent from my LG-K373 using Tapatalk


chasesfish

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Re: 2018 FIRE cohort
« Reply #2221 on: January 05, 2019, 08:36:49 AM »
Congrats 2018!  I'm sorry I couldn't join you, but almost six figures of savings for ten weeks of work was too much to pass up.  41 working days left after vacation/holidays, ect

CowboyAndIndian

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Re: 2018 FIRE cohort
« Reply #2222 on: January 05, 2019, 10:39:36 AM »
Congratulations Cohort of 2018! We have successfully battled OMY and a fluctuating market to make the plunge. As someone who has done a full year now, I can attest that it just looks harder, but is actually easier.

@davisgang90. looks like beards are the in thing for FIRE. I've grown one, though not as majestic as yours!

2018 started with a bang with FIRE and ended with a whimper (sickness) for me. I returned from a 9-day trip to Mexico City and got Guillaume-Barre syndrome and spent 4 weeks in the hospital. Both Christmas and New Years in hospital :-(
I am doing much better now, got home a couple of days ago. I have a rigorous schedule of physical therapy and hope to be back to normal in a couple of months or so.
 

Linea_Norway

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Re: 2018 FIRE cohort
« Reply #2223 on: January 05, 2019, 10:57:42 AM »
Congratulations Cohort of 2018! We have successfully battled OMY and a fluctuating market to make the plunge. As someone who has done a full year now, I can attest that it just looks harder, but is actually easier.

@davisgang90. looks like beards are the in thing for FIRE. I've grown one, though not as majestic as yours!

2018 started with a bang with FIRE and ended with a whimper (sickness) for me. I returned from a 9-day trip to Mexico City and got Guillaume-Barre syndrome and spent 4 weeks in the hospital. Both Christmas and New Years in hospital :-(
I am doing much better now, got home a couple of days ago. I have a rigorous schedule of physical therapy and hope to be back to normal in a couple of months or so.

What a way to start your FIRE year. Best wishes for 2019 and I hope you will get well this year.

CowboyAndIndian

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Re: 2018 FIRE cohort
« Reply #2224 on: January 05, 2019, 10:59:55 AM »
Congratulations Cohort of 2018! Best wishes to all in FIRE.

Here is the final list for this cohort.

01/01/18  CowboyAndIndian (at 59) CONFIRMED
01/04/18  Gimesalot (at 33) CONFIRMED
01/06/18  Monkey Uncle (at 49) CONFIRMED
01/26/18  PizzaSteve (at 53) CONFIRMED
01/31/18  patches (at 33) CONFIRMED
01/31/18  Wintergreen78 CONFIRMED
01/31/18  MomCPA  CONFIRMED
02/01/18  DTaggart (at 40) CONFIRMED
02/05/18  Mrbeardedbigbucks CONFIRMED
02/09/18  JLTinVA (at 42) CONFIRMED
02/14/18  Gimesalot DH (at 40) CONFIRMED
02/28/18  Caoineag (at 36) CONFIRMED
03/01/18  Clean Shaven (at 45) CONFIRMED Part Time
03/02/18  brooklynguy (at 37) CONFIRMED
03/07/18  Aegishjalmur (at 35) CONFIRMED
03/16/18  Cherry Lane (at 43) CONFIRMED
03/27/18  Mrs. Honeyfill CONFIRMED
03/28/18  Target2018 CONFIRMED
03/28/18  homestead neohio (at 39) CONFIRMED
03/30/18  Moxie (at 58) CONFIRMED
03/31/18  msilenus (at 38) CONFIRMED
04/01/18  Mother Fussbudget (at 56) CONFIRMED
04/03/18  lostformars (at 38) CONFIRMED
04/04/18  OzBeach (at 54) CONFIRMED
04/20/18  moneytaichi CONFIRMED
04/25/18  Modernaimend DH (at 39) CONFIRMED
04/25/18  ZiziPB (at 50) CONFIRMED
04/26/18  NinetyFour (at 56) CONFIRMED
04/26/18  SwordGuy (at 60) CONFIRMED
04/27/18  poppydog and DW CONFIRMED
04/27/18  andkar (at 41) CONFIRMED
05/01/18  wordnerd and DH (at 30 and 36) CONFIRMED
05/03/18  Modernaimend (at 35) CONFIRMED
05/08/18  SwordGuy DW (SwordGuy isn't saying.   He wants to live.) CONFIRMED
05/11/18  Desert (at 52) CONFIRMED
05/25/18  CheapskateWife (at 42) and CheapskateHubs (at 49) CONFIRMED
05/25/18  Gyosho (at 55) CONFIRMED
06/01/18  CodeZed (at 40) CONFIRMED
06/01/18  Markbike528CBX (at 53.5) CONFIRMED
06/01/18  Will (at 53) CONFIRMED
06/01/18  step_away CONFIRMED
06/08/18  SwissMister CONFIRMED (at 50)
06/13/18  Mr Mark (at 54) CONFIRMED
06/15/18  DavisGang90 (at 49) CONFIRMED
06/29/18  Acastus (at 56) CONFIRMED
06/29/18  aperture (at 56) CONFIRMED
06/30/18  HenryDavid CONFIRMED
07/06/18  Honeyfill  (at 60)  CONFIRMED
07/09/18  CHF (at 51) CONFIRMED
08/03/18  mjr (at 52) CONFIRMED
08/03/18  Mogadishu (at 40) CONFIRMED
08/09/18  cap396 (at 46) CONFIRMED
08/10/18  FernFree (at 49) CONFIRMED
08/17/18  sui generis (at 41) CONFIRMED
08/24/18  sol (at 41) CONFIRMED
08/31/18  RiverTop (at 55) CONFIRMED
09/01/18  Vegasgirl (at 49) CONFIRMED
09/28/18  Richmond2020 (at 43) CONFIRMED
09/30/18  SwissMiss (at 50) CONFIRMED
09/30/18  JerseyGrrrl (at 48) CONFIRMED
10/05/18  Jim2001 CONFIRMED
10/05/18  cerat0n1a CONFIRMED
10/15/18  EnjoyIt  CONFIRMED Part Time.
10/24/18  PhilB (at 52)  CONFIRMED
10/29/18  Happy CONFIRMED
10/31/18  Mr Griz CONFIRMED
10/31/18  Irishtache CONFIRMED
11/02/18  TartanTallulah (at 54) CONFIRMED
11/02/18  LifePhaseTwo (at 54) CONFIRMED
11/06/18  Kris CONFIRMED
11/30/18  elaine amj CONFIRMED
12/21/18  RunningWithScissors CONFIRMED
12/31/18  DavidAnnArbor (at 53) CONFIRMED

MIA
randomgiraffe (Inactive since 2/2017)
Minnesota_mom (Inactive since 2/2017)
HappyMargo (Inactive since 6/2017)
NorCalistache (Inactive since 8/2017)
DeSteeg (Inactive since 12/2015)
Agent Rosenflower (Inactive since 2/2018)
FLStache (Inactive since 3/2018)
PKate and DH (Inactive since 5/2018)
dbtx (Inactive since 7/2018)
Alim Nassor (Cannot find in members list)
SnidelyWhiplashStache (Cannot find in members list)
Sofa King (Cannot find in members list)
Michread (Cannot find in members list)
Badblackgirl (No date provided)
Omalley (No date provided)
AussieGirl (No date provided)
BackAndForth (No date provided)

OMY/2MY/3MY etc.
ChasesFish  OMY
RetireAbroadAt35  05/??/18, now OMY.
JumboShrimp OMY
Gooki   2MY or 3MY
MaybeBabyMustache OMY
Blindsquirrel OMY
Ottawa OMY
LateStarter OMY
Fire1018  ?MY [Succumbs to golden handcuffs ;-) ]
Fresh Bread OMY
pecunia OMY
MiserlyMiser OMY
SugarMountain OMY
yoda34 OMY
Calvin OMY
« Last Edit: January 05, 2019, 11:01:36 AM by CowboyAndIndian »

sui generis

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Re: 2018 FIRE cohort
« Reply #2225 on: January 05, 2019, 12:16:09 PM »


2018 started with a bang with FIRE and ended with a whimper (sickness) for me. I returned from a 9-day trip to Mexico City and got Guillaume-Barre syndrome and spent 4 weeks in the hospital. Both Christmas and New Years in hospital :-(
I am doing much better now, got home a couple of days ago. I have a rigorous schedule of physical therapy and hope to be back to normal in a couple of months or so.
OMG, so glad you are ok and have a good prognosis!  My fiance almost died of this when he was 2 and I've heard the recovery is very difficult the older you are when you get it.  Best wishes for your physical therapy and all the hard work you are going to put into it. 

Thanks for the update on the final cohort list, too!

Dicey

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Re: 2018 FIRE cohort
« Reply #2226 on: January 06, 2019, 08:15:19 AM »
What a crazy twist of fate! Best wishes for a complete recovery @CowboyAndIndian!

DavidAnnArbor

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Re: 2018 FIRE cohort
« Reply #2227 on: January 06, 2019, 04:59:11 PM »
I wish you a complete and speedy recovery CowboyandIndian

Please keep us informed.

EnjoyIt

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Re: 2018 FIRE cohort
« Reply #2228 on: January 06, 2019, 09:22:01 PM »
Congratulations Cohort of 2018! We have successfully battled OMY and a fluctuating market to make the plunge. As someone who has done a full year now, I can attest that it just looks harder, but is actually easier.

@davisgang90. looks like beards are the in thing for FIRE. I've grown one, though not as majestic as yours!

2018 started with a bang with FIRE and ended with a whimper (sickness) for me. I returned from a 9-day trip to Mexico City and got Guillaume-Barre syndrome and spent 4 weeks in the hospital. Both Christmas and New Years in hospital :-(
I am doing much better now, got home a couple of days ago. I have a rigorous schedule of physical therapy and hope to be back to normal in a couple of months or so.

May your myelin regrow and your muscles strengthen in the new year.

CowboyAndIndian

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Re: 2018 FIRE cohort
« Reply #2229 on: January 07, 2019, 08:22:47 AM »
Thank you for your kind wishes for my recovery @Linda_Norway , @sui generis , @Dicey , @DavidAnnArbor , @EnjoyIt .

The prognosis is good but I have a long way to climb out of this hole. I am doing Physical and Occupational Therapy and later on when the myelin sheaths regrow, I  might have to have vision therapy to get rid of my double vision.

I am in good spirits, thanks to family, friends and my friends on MMM.

DavidAnnArbor

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Re: 2018 FIRE cohort
« Reply #2230 on: January 07, 2019, 09:24:55 AM »
I read that Guillaume-Barre syndrome is an autoimmune disorder.
Maybe getting probiotics will help the immune system.

PhilB

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Re: 2018 FIRE cohort
« Reply #2231 on: January 07, 2019, 04:24:06 PM »
It's good to know that you're keeping your spirits up CowboyAndIndian.  One of the real downsides of FIRE, that they don't tell you about, is that every time you are sick it's on your own time!  Best wishes for a speedy recovery.

SnackDog

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Re: 2018 FIRE cohort
« Reply #2232 on: January 11, 2019, 06:47:58 AM »
Congratulations Cohort of 2018! Best wishes to all in FIRE.

Here is the final list for this cohort.
...

Do you differentiate between those who are living off their savings in the sense advocated on this site from those who stop working while a spouse continues earning a sizable income?     Claiming FIRE is one thing but when your spouse keeps his/her job and it pays the bills, that is completely different. Not much freedom to do things as a couple.  And no need to actually have the money to retire since someone else has a healthy income.

Half my household isn't working at the moment, can I claim FIRE?  If so, we retired a long time ago.

Dicey

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Re: 2018 FIRE cohort
« Reply #2233 on: January 11, 2019, 07:12:59 AM »
Do you differentiate between those who are living off their savings in the sense advocated on this site from those who stop working while a spouse continues earning a sizable income?     Claiming FIRE is one thing but when your spouse keeps his/her job and it pays the bills, that is completely different. Not much freedom to do things as a couple.  And no need to actually have the money to retire since someone else has a healthy income.

Half my household isn't working at the moment, can I claim FIRE?  If so, we retired a long time ago.
If the other half of your household has earned/saved/invested enough to support you plural, even if you singular stopped working today, it's safe to call them FIRE.

PhilB

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Re: 2018 FIRE cohort
« Reply #2234 on: January 11, 2019, 08:41:36 AM »
Do you differentiate between those who are living off their savings in the sense advocated on this site from those who stop working while a spouse continues earning a sizable income?     Claiming FIRE is one thing but when your spouse keeps his/her job and it pays the bills, that is completely different. Not much freedom to do things as a couple.  And no need to actually have the money to retire since someone else has a healthy income.

Half my household isn't working at the moment, can I claim FIRE?  If so, we retired a long time ago.
If the other half of your household has earned/saved/invested enough to support you plural, even if you singular stopped working today, it's safe to call them FIRE.
Yep.  It's perfectly reasonable to have an FI couple where one spouse is FIRE but the other chooses to still work.  If the household isn't FI without the salary of the worker then generally no - but it gets complicated if an already FIRED individual becomes part of a couple with a non FI person...

SnackDog

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Re: 2018 FIRE cohort
« Reply #2235 on: January 11, 2019, 09:10:21 AM »
Our accounts are joint, so I guess we are retired.  Only nothing has changed!

HenryDavid

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Re: 2018 FIRE cohort
« Reply #2236 on: January 11, 2019, 09:37:05 AM »
Well into post-job life now and things are assuming a clearer shape.
Very, very part-time freelancing, purely for fun and out of curiosity (maybe 12 hours/month). At double my peak hourly rate when I worked.
Settling into a routine with creative work. So far so good. Music and language development goals still lagging though--needs more structure.
Maxed out holiday time with "chosen family" (friends) and had a decent visit with bio family.
Far better rested, a tad fitter, enjoying the limitless horizons--but no big rush to make enormous changes, i.e. move someplace new.
Spending on autopilot at road-tested levels.

And finally . .. .. much more outdoor time with spouse, mid-day, midweek, while the winter sun is shining. This is probably the biggest benefit so far. Good for both of us, relaxed, and free of course.

sol

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Re: 2018 FIRE cohort
« Reply #2237 on: January 11, 2019, 09:49:36 AM »
Our accounts are joint, so I guess we are retired.  Only nothing has changed!

I would posit that you are both FI if you already have enough money to never need to work again, even if one of you is still working for reasons unrelated to finances.

If one of you is still working, even for fun, you might be sort of RE but not fully RE.  My FIL retired from 20 years in the military and 14 years in civil service, and then got a part time job at Lowe's to stay busy and get the employee discount, and he definitely considered himself retired even though he was still working.  He did not need the money.

A stay at home spouse who never had a career is probably never retired.  If a stay at home spouse previously had a career and then finished it after working 30 years, I think that counts as retired even in the case where the other spouse is still working to pay all expenses.  I'm not sure that the "30 years" part of that sentence is really required.

SnackDog

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Re: 2018 FIRE cohort
« Reply #2238 on: January 11, 2019, 11:26:48 AM »
So the names in this 2018 FIRE list are simply those where everyone in the household is retired and the bills are paid via retirement instruments (SS, pensions, savings, etc)?

sol

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Re: 2018 FIRE cohort
« Reply #2239 on: January 11, 2019, 12:37:43 PM »
So the names in this 2018 FIRE list are simply those where everyone in the household is retired and the bills are paid via retirement instruments (SS, pensions, savings, etc)?

Money is fungible.  If one spouse is still earning $10k per year shelving books at the local library, and the rest of the family's $40k/year spending is coming from a $1,000,000 nest egg, I would suggest that they are 4% compliant with or without the library job, and should probably count as retired.  Whether they withdraw 30k and spend the 10k of library money, or withdraw 40k and save the 10k of library money, I don't think it matters.  In this example, a household might still be retired even if they are working to earn money that they are spending, because the money is unnecessary for them to be retired.

It's a fuzzy area, though.  Some people want to reserve the term "retired" for people who do no paid work of any sort.  Even hobbies that generate a little side income are sometimes considered a retirement-disqualifying "job", regardless of the size of your assets or spending rate.  To these people, it doesn't matter if you only spend $25k/year and have a billion dollars of VTSAX, if you sell needlepoint on Etsy then you're not retired.

SnackDog

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Re: 2018 FIRE cohort
« Reply #2240 on: January 11, 2019, 04:39:25 PM »
I think we can agree hobbies and for fun work could still qualify a family as retired. Just not “normal” continuation of the same 40+ hour job/career for one worker while another takes a break or retires or wants to spend time at home or with kids.

FiveSigmas

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Re: 2018 FIRE cohort
« Reply #2241 on: January 11, 2019, 04:44:40 PM »
So the names in this 2018 FIRE list are simply those where everyone in the household is retired and the bills are paid via retirement instruments (SS, pensions, savings, etc)?

To me the people on the list are those who wanted to be held accountable for and subsequently celebrate a major life event that they considered an act of FIRE. There’re no prizes for joining the list (and not much to lose if you stay quiet).

If you don’t feel you meet that criteria, it probably doesn’t make sense to add yourself.


Will

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Re: 2018 FIRE cohort
« Reply #2242 on: January 11, 2019, 05:01:50 PM »
So the names in this 2018 FIRE list are simply those where everyone in the household is retired and the bills are paid via retirement instruments (SS, pensions, savings, etc)?

To me the people on the list are those who wanted to be held accountable for and subsequently celebrate a major life event that they considered an act of FIRE. There’re no prizes for joining the list (and not much to lose if you stay quiet).

If you don’t feel you meet that criteria, it probably doesn’t make sense to add yourself.

Wait a minute!  There are no prizes for joining this list!?!?

FiveSigmas

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Re: 2018 FIRE cohort
« Reply #2243 on: January 11, 2019, 05:15:32 PM »
So the names in this 2018 FIRE list are simply those where everyone in the household is retired and the bills are paid via retirement instruments (SS, pensions, savings, etc)?

To me the people on the list are those who wanted to be held accountable for and subsequently celebrate a major life event that they considered an act of FIRE. There’re no prizes for joining the list (and not much to lose if you stay quiet).

If you don’t feel you meet that criteria, it probably doesn’t make sense to add yourself.

Wait a minute!  There are no prizes for joining this list!?!?

Ok, just for you Will.



SnackDog

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Re: 2018 FIRE cohort
« Reply #2244 on: January 11, 2019, 06:25:06 PM »


To me the people on the list are those who wanted to be held accountable for and subsequently celebrate a major life event that they considered an act of FIRE. There’re no prizes for joining the list (and not much to lose if you stay quiet).

If you don’t feel you meet that criteria, it probably doesn’t make sense to add yourself.

The criteria seem quite loose and broad. But I congratulate anyone who feels like they accomplished whatever they defined. I think everyone should get a prize or at least a certificate of merit.

elaine amj

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Re: 2018 FIRE cohort
« Reply #2245 on: January 11, 2019, 09:15:08 PM »
Hope everyone who self-declared FIRE in our 2018 FIRE cohort is enjoying their time - whether or not they meet the guidelines of the Internet Retirement Police :)

As for me,I am still loving sleeping in every morning!

Sent from my SM-N9005 using Tapatalk


Will

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Re: 2018 FIRE cohort
« Reply #2246 on: January 12, 2019, 01:29:44 PM »


To me the people on the list are those who wanted to be held accountable for and subsequently celebrate a major life event that they considered an act of FIRE. There’re no prizes for joining the list (and not much to lose if you stay quiet).

If you don’t feel you meet that criteria, it probably doesn’t make sense to add yourself.

The criteria seem quite loose and broad. But I congratulate anyone who feels like they accomplished whatever they defined. I think everyone should get a prize or at least a certificate of merit.

I think the prize is the lives we are leading as retired folk.  The certificates of merit we get are the statements we get from our financial institutions.  :)

Hope everyone who self-declared FIRE in our 2018 FIRE cohort is enjoying their time - whether or not they meet the guidelines of the Internet Retirement Police :)

As for me,I am still loving sleeping in every morning!

Sent from my SM-N9005 using Tapatalk



Yeah,  I think I need to change the "Do Not Disturb" times on my phone.  I love sleeping in as well, but I am getting phone calls at "normal times" that wake me up because I am no longer a part of the "normal". 

happy

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Re: 2018 FIRE cohort
« Reply #2247 on: January 13, 2019, 02:24:04 AM »
Yes I am sleeping in til 8 every day. But it makes a late start to the day if I have a leisurely breakfast and shower. I seem to still have a need to.get.stuff.done. And I have plenty to do. So I am trying to gradually wean myself back to an earlier start.

Today was an excellent blend. Sleep til 7:30. Slow start, which means coffee and a handful of nuts, knocked out a couple of forum posts.  Then walked the dogs to the beach, gave them a run, and had family brunch at our local cafe. Then headed up to my parents house to work....we are preparing it for market so that meant clearing out the garage, some gardening, and planting, and clearing out an area of plants downstairs. 

A quick pasta meal and some wine and I'm now chilling.

PhilB

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Re: 2018 FIRE cohort
« Reply #2248 on: January 13, 2019, 06:01:30 AM »
I still have to get up at 6:50 to get the kids ready for school.  I hate you all.

Dicey

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Re: 2018 FIRE cohort
« Reply #2249 on: January 13, 2019, 08:38:27 AM »
I still have to get up at 6:50 to get the kids ready for school.  I hate you all.
Ah, they say the days are long, but the years are short. You'll get there, @PhilB!