Author Topic: 2019 fire cohort  (Read 794476 times)

stoaX

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Re: 2019 fire cohort
« Reply #2750 on: August 13, 2019, 01:06:46 PM »
so I plan to come in to the office the next morning with a severe hangover, hand in my badge and laptop and make a 180 degree exit back to bed.

You got to admire a MoMan with a plan!  Congratulations...

Trifle

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Re: 2019 fire cohort
« Reply #2751 on: August 13, 2019, 01:36:49 PM »
Got you fixed @MoMan ^.   

Loren Ver

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Re: 2019 fire cohort
« Reply #2752 on: August 13, 2019, 03:28:41 PM »
so I plan to come in to the office the next morning with a severe hangover, hand in my badge and laptop and make a 180 degree exit back to bed.

You got to admire a MoMan with a plan!  Congratulations...

It isn't a bad plan :).

meatgrinder

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Re: 2019 fire cohort
« Reply #2753 on: August 13, 2019, 05:29:19 PM »
I'm bumping to 2019 from the 2020 group. My last day in the matrix is planned for 11/21 when my RSUs vest. From there it will be on to watching Jerry Springer reruns with Cheetos on the couch then straight to the nursing home! 

Looking forward to hearing all of the stories about ACA and commiserating on market performance. I'll be 39 and have a 3.3% withdraw rate due to a planned expiration year of 2080+.

markbike528CBX

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Re: 2019 fire cohort
« Reply #2754 on: August 13, 2019, 06:21:48 PM »
I'm bumping to 2019 from the 2020 group. My last day in the matrix is planned for 11/21 when my RSUs vest. From there it will be on to watching Jerry Springer reruns with Cheetos on the couch then straight to the nursing home! 

Looking forward to hearing all of the stories about ACA and commiserating on market performance. I'll be 39 and have a 3.3% withdraw rate due to a planned expiration year of 2080+.

We are always on the lookout for OLY defectors from 2020.
Congratulations !  Don't get cold feet between now and then.  At 3.3% you're pretty well insulated from shocks and crashes.

Suggestion:
Jerry Springer Jerry Seinfeld
Cheetos, if you must have a Lay's product, Limón chips

It is good to see lots of OLY additions to the cohort as well as lurkers coming out of the woodwork to join 2019, the cool cohort.

When I started this thread it was kinda slow. I thought I'd have to go door-to-door to drum up converts, whew,avoided that.

avrex

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Re: 2019 fire cohort
« Reply #2755 on: August 13, 2019, 06:55:03 PM »
My last day in the matrix is planned for 11/21

Congratulation on your FIRE date, @meatgrinder

Based on your user name, I'm guessing that you are quite happy to be leaving the job that you are in.  :)

Linea_Norway

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Re: 2019 fire cohort
« Reply #2756 on: August 14, 2019, 12:22:01 AM »
I'm bumping to 2019 from the 2020 group. My last day in the matrix is planned for 11/21 when my RSUs vest. From there it will be on to watching Jerry Springer reruns with Cheetos on the couch then straight to the nursing home! 

Looking forward to hearing all of the stories about ACA and commiserating on market performance. I'll be 39 and have a 3.3% withdraw rate due to a planned expiration year of 2080+.

Then I'll remove you from the 2020 list. Congrats.

Trifle

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Re: 2019 fire cohort
« Reply #2757 on: August 14, 2019, 04:23:42 AM »
Welcome @meatgrinder!  Got you added to the latest list.  November will be here before you know it.


meatgrinder

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Re: 2019 fire cohort
« Reply #2758 on: August 14, 2019, 12:56:45 PM »
Thanks! Its bizarre to think that when I started investing 20 years ago, I was in mutual funds with a 2%+ expense fee.

@Trifele My job isn't that bad and most people would think I'm crazy for walking away but I've come to a point in life where time is more valuable than money and I fortunately have enough money. The most regretful scenario for me is the thought of looking back when I'm 80 and realizing I spent most of my time typing shit into a computer and sitting in meetings rather living true to myself and with family.

I keep recalling a story I heard where a yacht owner is having a party on his boat but he isn't there since he is off working deals and making money.

One party goer says to another "I'll never be as rich as this guy...owns a yacht and throws parties".
The other party goer "Oh, I'm richer than this guy".
party goer:  "No way. You have peanuts, this guy has billions!".
The other party goer: "Au contraire. I know when I have enough".

Thanks for the suggestions @markbike528CBX. They will be added to the bottom of the retirement to do list just above Jerry Springer and Cheetos.

MoMan

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Re: 2019 fire cohort
« Reply #2759 on: August 14, 2019, 01:54:46 PM »
Its bizarre to think that when I started investing 20 years ago, I was in mutual funds with a 2%+ expense fee.

I used to work for a mutual fund company that charged over 5% sales load (that's on top of the expense ratio!) on each purchase. I threw up in my mouth a little every time I had to create literature to promote that garbage. The brokers and sales guys sure made out like bandits.

Trifle

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Re: 2019 fire cohort
« Reply #2760 on: August 14, 2019, 03:22:15 PM »

@Trifele My job isn't that bad and most people would think I'm crazy for walking away but I've come to a point in life where time is more valuable than money and I fortunately have enough money. The most regretful scenario for me is the thought of looking back when I'm 80 and realizing I spent most of my time typing shit into a computer and sitting in meetings rather living true to myself and with family.


A-men.  I hit that point when I was 48.  It was suddenly crystal clear to me then that I valued the time far more than the money, and that I wanted out of work as fast as possible.  I put the hammer down on savings and sprinted for the FIRE finish line.  cFIREsim says I've got a 96% chance of success . . . honestly I would have pulled the trigger with lower odds than that.  Time is all we have.

xbdb

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Re: 2019 fire cohort
« Reply #2761 on: August 15, 2019, 09:35:38 AM »

@Trifele My job isn't that bad and most people would think I'm crazy for walking away but I've come to a point in life where time is more valuable than money and I fortunately have enough money. The most regretful scenario for me is the thought of looking back when I'm 80 and realizing I spent most of my time typing shit into a computer and sitting in meetings rather living true to myself and with family.


A-men.  I hit that point when I was 48.  It was suddenly crystal clear to me then that I valued the time far more than the money, and that I wanted out of work as fast as possible.  I put the hammer down on savings and sprinted for the FIRE finish line.  cFIREsim says I've got a 96% chance of success . . . honestly I would have pulled the trigger with lower odds than that.  Time is all we have.


RIGHT ON

There is a quote by Paul Bowles that I love:

Quote
Because we don't know when we will die, we get to think of life as an inexhaustible well. Yet everything happens only a certain number of times, and a very small number really. How many more times will you remember a certain afternoon of your childhood, an afternoon that is so deeply a part of your being that you can't even conceive of your life without it? Perhaps four, five times more, perhaps not even that. How many more times will you watch the full moon rise? Perhaps 20. And yet it all seems limitless.”

meatgrinder

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Re: 2019 fire cohort
« Reply #2762 on: August 16, 2019, 09:36:21 AM »
Question to the group of 2019 fire cohorts that have already retired and are doing roth conversions: 

How are you handling health insurance?  We will be eligible for ACA/obamacare and will have some investment income in retirement, however, I also want to start doing roth conversions to get those sweet tax free investment returns.  My concern is this is going to push us over the ACA subsidies limit.

Should we go balls to the wall with roth conversions up to the tax free income amount and pay full insurance or try to limit income/roth conversion and get as much ACA subsidies as possible?

SIAP!

Thanks

Trifle

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Re: 2019 fire cohort
« Reply #2763 on: August 16, 2019, 11:13:17 AM »
I think that depends on a bunch of things @meatgrinder, including your age, health, tax bracket, family size, your annual spend, how much you'll make this year and next, and your income stream plan for retirement.  For us (family of 4) it worked out better to not do any conversions this year, and go on the ACA to get a family plan.  NEXT year we may do a conversion, haven't decided.  I think we'll have the income 'space' to do that and still qualify for an ACA plan. 

My brother FIREd 4 years ago as a single guy.  His situation was way simpler because he didn't have to choose between having a subsidized plan and doing conversions; his numbers worked out such that he could do both.  He started doing conversions immediately, living on cash and taxable accounts. He carefully measures out the conversions each year to give himself enough income to stay off Medicaid and still qualify for a decent ACA plan. 

The only way to do both though, as far as I can see, is to get your income well below the subsidy cliff.  If that's not possible, then yes it seems we are pushed into that choice of (a) subsidies, or (b) doing conversions.

seattlecyclone

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Re: 2019 fire cohort
« Reply #2764 on: August 16, 2019, 11:26:17 AM »
Question to the group of 2019 fire cohorts that have already retired and are doing roth conversions: 

How are you handling health insurance?  We will be eligible for ACA/obamacare and will have some investment income in retirement, however, I also want to start doing roth conversions to get those sweet tax free investment returns.  My concern is this is going to push us over the ACA subsidies limit.

Should we go balls to the wall with roth conversions up to the tax free income amount and pay full insurance or try to limit income/roth conversion and get as much ACA subsidies as possible?

SIAP!

Thanks

Some level of ACA subsidies are available all the way up to 400% of the federal poverty level, which is roughly $50k for a single person and $100k for a family of four. You won't run into this limit if your only income is Roth conversions up to the standard deduction. It could happen with capital gains and dividend income too if you're spending down a taxable account. In that case you'll have to weigh the value of the subsidies you'd lose going over 400% against the value of using up every last bit of the room under the standard deduction. While this may vary from person to person, I'd guess the ACA subsidies will win out for most of us.

meatgrinder

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Re: 2019 fire cohort
« Reply #2765 on: August 16, 2019, 04:09:43 PM »
Thanks for the info. I'm 95% confident ACA subsidies is the way to go vs. making Roth conversions up to the standard deduction.  This is because it looks like a $7000K/Year ACA subsidy which the savings in taxes from the conversion look to be ~$3000K/Year given we will still have some income.

Nifty

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Re: 2019 fire cohort
« Reply #2766 on: August 19, 2019, 06:08:18 PM »
I'm (very) slightly pushing back my quit date to early January 2020. Reason being, I need my Q4 bonus to deposit, which should post first 2 weeks of the new year. I will then give notice. After much number crunching I decided from a tax/ACA subsidy perspective its better to have this income in 2020 rather than asking for the bonus to post in late 2019.

I still feel part of the 2019 cohort though!

Trifle

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Re: 2019 fire cohort
« Reply #2767 on: August 20, 2019, 04:53:18 AM »
Pulling the list forward.  Thanks for the update Nifty -- sounds like you are working on the final FIRE details -- congrats!   I did the same thing -- teetered between December and January, and finally settled on January of 19 so my bonus could hit.

Shout out to the rest of our August folks --  MoMan, Gerard, @oldtoyota, and Omy.  How are you all doing? 


2019 FIRE Cohort:

01/01/19     Bingeworker (52)          CONFIRMED
01/11/19     Avrex (53)                    CONFIRMED
01/31/19     Trifele (51)                   CONFIRMED
02/01/19     Socmonkey (37)           CONFIRMED
02/01/19     August (54)                  CONFIRMED
02/01/19     Keeks (42)                   CONFIRMED
02/01/19     TheShinyHorse             CONFIRMED   
02/13/19     SeanTash (48)              CONFIRMED
02/28/19     nowwhat? (56)             CONFIRMED
03/15/19     Half Stached  (47)        CONFIRMED
03/15/19     FireHazard                   CONFIRMED
03/15/19     Luck12  (41)                CONFIRMED       
03/18/19     chasesfish (36)             CONFIRMED
03/18/19     Cycling Stache (43)       CONFIRMED
03/29/19     Loren Ver (36)              CONFIRMED
03/29/19     Mr. Ver (39)                  CONFIRMED
04/01/19     Ryder (39)                    CONFIRMED
04/04/19     PowerStache (43)          CONFIRMED
04/05/19     MissNancyPryor (50)      CONFIRMED
04/06/19     Caroline PF                    CONFIRMED SEMI-FIRE
04/07/19     BTDRetire (64)              CONFIRMED 
04/19/19     Eric (42)                       CONFIRMED
04/26/19     FIRE 20/20  (42)           CONFIRMED
05/02/19     couponvan (48)             CONFIRMED
05/14/19     anonprof                       CONFIRMED
05/16/19     dude (53)                      CONFIRMED
05/17/19     MaybeBabyMustache      CONFIRMED SABBATICAL
05/17/19     Mowine (58)                  CONFIRMED                   
05/24/19     Prairie Stash (38)           CONFIRMED
05/30/19     Livingthedream55 (59)   CONFIRMED
05/31/19     Odiedog859  (62)           CONFIRMED
06/10/19     tooqk4u22                     CONFIRMED             
06/14/19     Dibdab (56)                   CONFIRMED
06/18/19     RichMoose (29)              CONFIRMED
06/19/19     Waffles  (52)                  CONFIRMED
06/20/19     Parizade  (62)                CONFIRMED
06/21/19     Okonumiyaki (49)          CONFIRMED
06/21/19     Home Stretch (31)         CONFIRMED
07/02/19     DirtDiva                        CONFIRMED
07/03/19     Miss Piggy                     CONFIRMED         
07/05/19     StoaX (58)                    CONFIRMED
07/07/19     Batljunk   (57)               CONFIRMED
07/12/19     5OClocksomewhere        CONFIRMED
07/19/19     Polish_Hammer (51)       CONFIRMED
07/29/19     Lews Therin (29)            CONFIRMED
08/02/19     xbdb                             CONFIRMED
08/08/19     seattlecyclone (34)         CONFIRMED       
08/09/19     Jfer_rose (41)                CONFIRMED
08/20/19     OMY                              CONFIRMED
08/30/19     MoMan  (54)                 
08/31/19     Gerard
08/31/19     Oldtoyota
09/02/19     Cornbread OMalley  (42)  Date Confirmed
09/12/19     Classical_Liberal
09/13/19     dayzero
09/27/19     snowdog (58)
09/??/19     RetirementDreaming
10/01/19     SnakesInTheGrass (55)
10/01/19     Trix76  (43)
10/04/19     iluvzbeach (49)
10/??/19     VoteCthulu  (39)
10/??/19     JumboShrimp
11/21/19     Meatgrinder (39)
12/06/19     Sid Arthur (59)
12/24/19     Linea_Norway (45)
12/31/19     texxan1  (47)
12/??/19     luckyme13  (45)
12/??/19     NotJen

2019 Cohort with date TBD:
Lowerbills (40)
getoutsoon (52)
IPlawyer
MustacheAnxiety
forward
BlindSquirrel
I'm Fred (51)
JoJo (45)
Edgema
Gerardc  (35)
Pylortes  (42)
DreamFire
2Birds1Stone  (32)
SHO (37)
SugarMountain
Thedividebyzero  (45)
Mathieu
DireWolf

OMY/2MY/Etc:
Freedomin5 (38)
Roboturner  (30)
Bateaux (51)
CryingInThePool  (44)
Albireo13  (61)
Cookie78
Enigma
exit2019  (40)
powersuitrecall  (47)
SamIAm38  (30)
Nifty (31) -- OMM to January of 20
Itchyfeet  (47)

OLY
markbike528cbx  (55)      OLY -- CONFIRMED 6/1/18; checking in as OP
MoneyStacher  (50)         OLY -- CONFIRMED 2018
PhilB  (52)                      OLY -- CONFIRMED 10/24/18
sui generis  (41)              OLY -- CONFIRMED 8/17/18
TartanTallulah  (55)          OLY -- CONFIRMED 10/2018
cerat0n1a                       OLY -- CONFIRMED 2018 
Chairman                        OLY -- CONFIRMED 2018
Bognish (43)                   OLY -- CONFIRMED 11/16/18
Moxie (58)                      OLY -- CONFIRMED 2018 

« Last Edit: August 29, 2019, 03:13:15 AM by Trifele »

Trifle

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Re: 2019 fire cohort
« Reply #2768 on: August 20, 2019, 05:13:54 AM »
And for the following folks that haven't checked in lately, how are you doing? 

09/13/19     @dayzero
09/14/19     @Classical_Liberal (43)
09/??/19     @RetirementDreaming
10/01/19     @SnakesintheGrass (55)
10/??/19     @VoteCthulu  (39)
10/??/19     @trix76  (43)
10/??/19     @JumboShrimp
12/??/19     @luckyme13  (45)
12/19/19     @itchyfeet  (47)
12/31/19     @texxan1  (47)

MoMan

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Re: 2019 fire cohort
« Reply #2769 on: August 20, 2019, 06:15:17 AM »
Shout out to the rest of our August folks --  @MoMan, @Gerard, @oldtoyota, and @Omy.  How are you all doing?  Still on track for the end of this month?

It's the final countdown!
10 calendar days
8 work days
6 commute-to-office days

... and a serious case of don't-give-a-fuck senioritis.

Gerard

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Re: 2019 fire cohort
« Reply #2770 on: August 20, 2019, 06:41:50 AM »
Shout out to the rest of our August folks --  @MoMan, @Gerard, @oldtoyota, and @Omy.  How are you all doing?  Still on track for the end of this month?

Most definitely! I'm practicing by not working very hard.

trix76

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Re: 2019 fire cohort
« Reply #2771 on: August 20, 2019, 07:10:23 AM »
I decided last night on Oct. 1. I’m planning to give notice on Sept. 18 when some stocks vest, then my last day of work will be Oct. 1 so that health insurance is covered through the end of October.

It’s all coming together... and yes, the senioritis is strong


Sent from my iPhone using Tapatalk

Loren Ver

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Re: 2019 fire cohort
« Reply #2772 on: August 20, 2019, 08:59:05 AM »
So exciting!   We are growing so fast.  I didn't realize so many people moved around between the cohorts during the middle of the year.  Love it!  It would have been terrible if @markbike528CBX did have to go knocking on doors.  :D.

@xbdb that is a sobering thought.  Even though I am retired, I still think like this a lot of the time.  There are always more opportunities right, into forever....

@meatgrinder, for your conversion question, my plan is to keep us in the subsidy range.  As you pointed out, it makes the maths happy.  A while ago I did read another strategy from someone else here on the forum.  They were doing a one year off, three years on strategy.  So on year one they convert enough money for the four years, and pay for medical out of pocket, then the next three (or so years) have the income extra low to get the best subsidies.  Rinse repeat.  I thought about it, but it kinda gave me some heartburn so we are just going low and slow. 

Loren

Omy

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Re: 2019 fire cohort
« Reply #2773 on: August 20, 2019, 03:24:19 PM »
Settled my final transaction today...I'm done!

2Birds1Stone

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Re: 2019 fire cohort
« Reply #2774 on: August 20, 2019, 03:31:41 PM »
Settled my final transaction today...I'm done!

Congrats!

Trifle

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Re: 2019 fire cohort
« Reply #2775 on: August 20, 2019, 04:32:09 PM »
Yeah @Omy!!!!  You are CONFIRMED.^  Congratulations!

                                                   


Trifle

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Re: 2019 fire cohort
« Reply #2776 on: August 20, 2019, 04:42:07 PM »
I decided last night on Oct. 1. I’m planning to give notice on Sept. 18 when some stocks vest, then my last day of work will be Oct. 1 so that health insurance is covered through the end of October.

It’s all coming together... and yes, the senioritis is strong


Sent from my iPhone using Tapatalk

Fantastic @trix76 !  Thanks for the check in -- got you updated. 

Linea_Norway

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Re: 2019 fire cohort
« Reply #2777 on: August 21, 2019, 02:58:37 AM »
As written in my journal, my last actual working day might be before Christmas 2019. We decided yesterday to officially end working in the beginning of Jan, instead of a month later. For pension reasons and for taxfree payment of my vacation money, it is best if my official last day is in January. But I might be taking the day off (will probably do that). :-))))

snowdog

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Re: 2019 fire cohort
« Reply #2778 on: August 21, 2019, 05:58:40 AM »
Final day is set in stone...finally!!  9/27 it is.  I missed getting out at 57 as I Just turned 58.  Oh well, I still consider it a big victory!




Trifle

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Re: 2019 fire cohort
« Reply #2779 on: August 21, 2019, 06:07:00 AM »
Congratulations on setting your dates @Linea_Norway and @snowdog!  Got you both updated.^   

ETA -- I think you might be the first OMY to come back Linea!  (we're happy to claim you in 2019, if that's when your last working day is)
« Last Edit: August 21, 2019, 06:11:44 AM by Trifele »

Loren Ver

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Re: 2019 fire cohort
« Reply #2780 on: August 21, 2019, 09:28:15 AM »
Settled my final transaction today...I'm done!

WOOT WOOT!

Classical_Liberal

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Re: 2019 fire cohort
« Reply #2781 on: August 22, 2019, 12:33:37 AM »
09/14/19     @Classical_Liberal (43)

Last day is 9/12, confirmed. I'm semi-RE in that I'll still work intermittent contract work for my old employer

markbike528CBX

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Re: 2019 fire cohort
« Reply #2782 on: August 24, 2019, 01:31:25 AM »
Hey muh Nineteen peeps, been a while. 

I think I am about to re-join the ranks of the unemployed. 

I left my very stressful job April 5th as per the glorious FIRE plan and then went to work later that month at a place I used to work years prior in an effort to transition and SWAMI my way into a retirement. 

I shifted from a high power boss type to more of a technical analyst, but it is a salaried role rather than something hourly and has a decent paycheck.  Unfortunately I have been there 4 months and it is boring beyond all hell.  There is a struggle because the person who is supposed to be training me is a passive aggressive dude who told me flat out, "No one taught me anything here, I had to figure it out for myself" and then proceeded to not teach me anything there.  Every bit of knowledge I have gained has been painfully acquired.  It was clear that he did not want me to be the successful candidate for this job, he wanted a buddy of his, but they could not meet the salary requirements.  The fact that I easily figured out that I was not his first choice should tell you everything about how he treated me after I arrived.   

But, the goals of transitioning are being met for the most part-- I have enjoyed not carrying a company cell phone and the extension of medical insurance as well as a paycheck, though it is much smaller than I was making before.   I am still saving a ton of dough even with the dramatically reduced income.  I decided that I would stay a year so as not to be a jerk about things but knew that if things continued how they are I would not be making any long term career out of this.     

Today my boss and I had our regular 1:1 session and she said she could tell I was not happy.  I explained (again, because I have been saying it to her since my second week there) that I was not getting the training I needed and was frustrated but I was sorry I was not hiding it better.  She encouraged me to take a promotion where my skill set and leadership experience would be better used.  I declined and emphasized that I purposefully downshifted to this role in order to build a life that was not driven by work.  After a few moments we developed some ideas on how I could find a path forward and we agreed. 

She then ham-handedly turned the topic to my hours.  She said she noticed I only worked 7 hours a day and I really need to work 8.

I quit. 

She freaked out.  She refused to accept my resignation.   

It was fairly dramatic but I explained that I have been working the exact same hours as the rest of the group, I am a salaried individual, and furthermore I asked more than once when I got on board what the deal was and it was agreed I was fine.  I had just spent 40 minutes going through how I was struggling with getting necessary training from a guy who refuses to provide it and to move to a discussion about my HOURS of all things was just too much.  I told her I simply can't take that and therefore I quit.  She told me to sleep on it and let her know Monday.

So I will confirm with her Monday that I am really BYEEEEE.

Am I missing something?  I simply can't think of one reason to stay other than l am bummed I will have to go out to the health exchange.  Thoughts? 

Damn, I have missed you. 

We've missed you too.
Looks like an EPIC FU thread cross post coming up.

I would have just left, no Monday redoo. 
Same drama different day, why go through that drama twice?

Text/email your final answer now (Friday-Saturday)and ghost on Monday.

Refusing a resignation? Are you currently "in the face of the enemy"? WTF in a civilian context.

Trifle

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Re: 2019 fire cohort
« Reply #2783 on: August 24, 2019, 03:43:28 AM »
Welcome back @MissNancyPryor!  I'm sorry that job turned out like that.  Yeah, sounds like a very good move to get out of there.   

SnakesintheGrass

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Re: 2019 fire cohort
« Reply #2784 on: August 24, 2019, 04:28:14 AM »
And for the following folks that haven't checked in lately, how are you doing? 

10/01/19     @SnakesintheGrass (55)

Yup, still on track!  October 1 is a pension triggering date which we’ve been looking towards for several years now — felt a long time away forever and now suddenly it’s imminent!

I am starting to put some pieces in place for post-FIRE (volunteering, etc.) while the usual unravelling of work life.  My plan is to try a whole bunch of new and interesting things in Year 1 and just see ‘what sticks’.  Anyone on the other side of FIRE try something similar?

Thanks for checking in — congrats to the other ‘19 Cohort buddies!

SnakesintheGrass(Beth)

texxan1

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Re: 2019 fire cohort
« Reply #2785 on: August 24, 2019, 04:46:53 AM »
I am still on track for dec 31,but see it being sooner lol.

if trump will quit tweeting, it will definatley be sooner... Just padding the cash and im out.. SOOON

Bateaux

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Re: 2019 fire cohort
« Reply #2786 on: August 24, 2019, 05:00:16 AM »
Hey muh Nineteen peeps, been a while. 

I think I am about to re-join the ranks of the unemployed. 

I left my very stressful job April 5th as per the glorious FIRE plan and then went to work later that month at a place I used to work years prior in an effort to transition and SWAMI my way into a retirement. 

I shifted from a high power boss type to more of a technical analyst, but it is a salaried role rather than something hourly and has a decent paycheck.  Unfortunately I have been there 4 months and it is boring beyond all hell.  There is a struggle because the person who is supposed to be training me is a passive aggressive dude who told me flat out, "No one taught me anything here, I had to figure it out for myself" and then proceeded to not teach me anything there.  Every bit of knowledge I have gained has been painfully acquired.  It was clear that he did not want me to be the successful candidate for this job, he wanted a buddy of his, but they could not meet the salary requirements.  The fact that I easily figured out that I was not his first choice should tell you everything about how he treated me after I arrived.   

But, the goals of transitioning are being met for the most part-- I have enjoyed not carrying a company cell phone and the extension of medical insurance as well as a paycheck, though it is much smaller than I was making before.   I am still saving a ton of dough even with the dramatically reduced income.  I decided that I would stay a year so as not to be a jerk about things but knew that if things continued how they are I would not be making any long term career out of this.     

Today my boss and I had our regular 1:1 session and she said she could tell I was not happy.  I explained (again, because I have been saying it to her since my second week there) that I was not getting the training I needed and was frustrated but I was sorry I was not hiding it better.  She encouraged me to take a promotion where my skill set and leadership experience would be better used.  I declined and emphasized that I purposefully downshifted to this role in order to build a life that was not driven by work.  After a few moments we developed some ideas on how I could find a path forward and we agreed. 

She then ham-handedly turned the topic to my hours.  She said she noticed I only worked 7 hours a day and I really need to work 8.

I quit. 

She freaked out.  She refused to accept my resignation.   

It was fairly dramatic but I explained that I have been working the exact same hours as the rest of the group, I am a salaried individual, and furthermore I asked more than once when I got on board what the deal was and it was agreed I was fine.  I had just spent 40 minutes going through how I was struggling with getting necessary training from a guy who refuses to provide it and to move to a discussion about my HOURS of all things was just too much.  I told her I simply can't take that and therefore I quit.  She told me to sleep on it and let her know Monday.

So I will confirm with her Monday that I am really BYEEEEE.

Am I missing something?  I simply can't think of one reason to stay other than l am bummed I will have to go out to the health exchange.  Thoughts? 

Damn, I have missed you.       

Quit the job if you like.  Just don't quit us.  More stories please.

MoMan

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Re: 2019 fire cohort
« Reply #2787 on: August 24, 2019, 05:11:00 AM »
Unfortunately I have been there 4 months and it is boring beyond all hell.  There is a struggle because the person who is supposed to be training me is a passive aggressive dude who told me flat out, "No one taught me anything here, I had to figure it out for myself" and then proceeded to not teach me anything there.

This just makes FIRE all the more sweet! And please write up a post for the epic FU thread. I love those stories.

jfer_rose

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Re: 2019 fire cohort
« Reply #2788 on: August 24, 2019, 07:09:52 AM »
@MissNancyPryor - Wow, that story is amazing! Congratulations for quitting on the spot. Epic FU story, indeed!

2Birds1Stone

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Re: 2019 fire cohort
« Reply #2789 on: August 24, 2019, 09:08:30 AM »

Last day is 9/12, confirmed. I'm semi-RE in that I'll still work intermittent contract work for my old employer

w00t w00t!!!!

SwordGuy

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Re: 2019 fire cohort
« Reply #2790 on: August 24, 2019, 09:28:23 AM »
Thanks everyone.  You are right, it is obvious this is just done.  Once I put a button on things I will tell you how it ends and will put it in the Epic FU thread.  I will spend some time today and tomorrow figuring out how to gracefully exit but honestly I just want to tell her that she better look for someone who actually needs this job so they will have a higher tolerance for the crap.  Trick-or-treating my way around the entire floor to get answers that could well be provided by a fellow sitting 3 feet off my right elbow is such bullshittery that I simply won't but up with it.  I have digested it overnight into 3 simple points.

Per my boss:

- I am not happy and everyone can see this (this is horrifying to me that I am somehow poisoning my team, I can't tolerate that, of course she tried to walk it back when I repeated her words back to her)

- I am wasting my talents in this role and should be in a higher position (for the the umpteenth time I don't want that and I think her own judgement here is coloring her opinion of the above about me being "unhappy")

- There is a problem with my hours  (you have got to be fucking kidding me, I am not an hourly clerk)

She will be in a bit of a pinch because I was heartily welcomed back by the executives this spring because in my prior employment I was responsible for a ground breaking and highly visible program still in use today and they hated to see me go to that other company.  She was clapped on the back for getting me to return and will now have to explain how she "lost me" again.  I surely hope she goes for the easy answer that I refused to work 8 hours a day.  Ha!

Good choice on your part.   You really should mention in your exit interview that management failed to do it's job and make your colleague train you, i.e. do their job.   If you go back in, be sure to smile at the asswipe who wouldn't train you and let him know that all the work you've been doing is now his to do and you hope he enjoys the extra work load.    Let everyone hear it so they will know not to help him out.   Don't forget to smile and talk sweetly.  It makes it more fun.  :)       


SwordGuy

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Re: 2019 fire cohort
« Reply #2791 on: August 24, 2019, 09:33:25 AM »
There is a struggle because the person who is supposed to be training me is a passive aggressive dude who told me flat out, "No one taught me anything here, I had to figure it out for myself" and then proceeded to not teach me anything there.

The world only gets better because of one kind of person.

itchyfeet

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Re: 2019 fire cohort
« Reply #2792 on: August 25, 2019, 12:23:47 AM »
Sorry folks, I’m now def a OMY victim.

Hopefully I’ll be able to call time at 30 April next year.

Trifle

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Re: 2019 fire cohort
« Reply #2793 on: August 25, 2019, 04:05:16 AM »
Sorry folks, I’m now def a OMY victim.

Hopefully I’ll be able to call time at 30 April next year.

Sorry to lose you @itchyfeet!  Come back anytime.

Loren Ver

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Re: 2019 fire cohort
« Reply #2794 on: August 25, 2019, 06:47:43 PM »
@MissNancyPryor I am very sorry it didn't work out for you, but I am really glad you are planning to cut and run as the job is not as advertised.  If you can't get training and still have plenty of time then there is something wrong with the people and the role, and that sounds horrible.  And you are my hero to saying no :).

@SnakesintheGrass I am currently trying things to see what sticks.  DH dove right in to building giant metal creatures to put in the yard.  He will spend 8-12 hours a day working on this.  I like to help out, but that is not my deal.  I have a few volunteer opportunities that I am dipping my toes into to see what fits well.  I do not want another full time job, especially one that doesn't pay.  So options with year long commitments  am putting off until I am sure I am not filling a work void that doesn't need filling.  It makes for interesting times, but can also be complex.

markbike528CBX

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Re: 2019 fire cohort
« Reply #2795 on: August 25, 2019, 09:36:50 PM »
...snip
DH dove right in to building giant metal creatures to put in the yard.
......snip.

You got me there.  Need welding skills, more motivation. I think DW would be enthusiastically onboard .

chasesfish

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Re: 2019 fire cohort
« Reply #2796 on: August 26, 2019, 04:45:53 PM »
Just checking in with the group.

I still have no idea how I ever had time for full-time work.  Parked in a free area and took an 11 mile bike ride today with the better weather.  Stopped at the aquarium, a neat dive place for lunch, and got 11 miles in on the bike before an afternoon gym trip.

If you haven't pulled the plug, don't be scared.  This is awesome

MissNancyPryor

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Re: 2019 fire cohort
« Reply #2797 on: August 26, 2019, 04:48:48 PM »
Yay @chasesfish!  Love it!!

MaybeBabyMustache

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Re: 2019 fire cohort
« Reply #2798 on: August 26, 2019, 08:34:22 PM »
Well, I'm officially going back after my sabbatical. I head back to work in the next week or so. The time off has definitely clarified for me that this will be a short term thing to lock in a senior level promotion. If anything should happen over the next seven or so years while my husband is working, I'll be able to re-enter the "career" workforce at that level. It's a hedge, basically.

My current plan is to return in September, stay for 6-12 months (just not sure I can hack it, we shall see) & then find a flexible role that is part-time. We won't need the money, but I do think I'll enjoy the mental stimulation & it will speed along a few side goals that would be nice to meet.

SugarMountain

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Re: 2019 fire cohort
« Reply #2799 on: August 27, 2019, 11:39:38 AM »
If you haven't pulled the plug, don't be scared.  This is awesome

The worry that leads to OMY/OMM is never the immediate time period, i.e. the first year or even the first five or ten years.  It's 30 years down the road.  I'm sure the first months and years will be awesome when I eventually do pull the plug.

 

Wow, a phone plan for fifteen bucks!