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Author Topic: FIRE Timing  (Read 1890 times)

mtnman125

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FIRE Timing
« on: December 15, 2017, 10:22:53 AM »
I'm still a few years out from semi-FIRE (meaning hope to work very part time-remotely to keep insurance)-but building the stash to be FIRE if an agreement cant work with current employer.

My question is, is there an advantages time of year to pull the plug?  I've seen some say max out 401k as early in the year as possible, others leave end of year.  My company typically pays out a bonus in September (fiscal year end June), so I would probably stick around till after.

Thoughts?

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GnomeErcy

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Re: FIRE Timing
« Reply #1 on: December 15, 2017, 10:51:16 AM »
If your company pays out bonus in September and you're expecting one, I'd definitely stick around for that. Any time afterward, go for it IMO.

The one thing to keep in mind is check and see if your benefits will automatically extend through the month you quit. If that's the case, it's more advantageous to leave at the beginning of a month if possible so you can extend those (probably cheaper) benefits. Not sure if that applies but something to keep in mind.
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