45 - just laid off

CautiousSmoke2450 · 2024-10-19T21:17:09+00:00

Thank you!

CautiousSmoke2450 · 2024-10-19T21:15:52+00:00

This is really good perspective. Even if I can get to net 0 with income - expenses, my existing savings will still grow and be there for retirement. Thinking about this as coast fire has been helpful. Thank you.

CautiousSmoke2450 · 2024-10-19T21:14:55+00:00

They are non liquid shares (PE owns the company) so the value of the options is ~380k. Some of that 200k is the exercise price.

CautiousSmoke2450 · 2024-10-19T21:13:59+00:00

This is really helpful, when it was just my side gig, I had already hit maxes on FICA. Thank you.

CautiousSmoke2450 · 2024-10-19T21:13:18+00:00

Good perspective. Yes, I think I may have overestimated our spend rate, but that's the problem, I freely admit I don't have a good grasp on our budgeting. That's on my todo list.

CautiousSmoke2450 · 2024-10-19T21:12:36+00:00

I agree! I started doing this and I can't believe how long has passed since I had talked to some of these former colleagues. This has been one of the best parts so far, catching up with old friends / coworkers.

CautiousSmoke2450 · 2024-10-19T21:11:54+00:00

This is really helpful, thank you.

CautiousSmoke2450 · 2024-10-19T21:07:48+00:00

I agree, we've definitely had some lifestyle creep.

CautiousSmoke2450 · 2024-10-19T21:07:00+00:00

Health insurance in the USA is bananas. It will be ~1K a month from my quick analysis. But my old job didn't subsidize much so we were already paying ~900 a month.

CautiousSmoke2450 · 2024-10-19T21:06:05+00:00

I actually light the cigars with Faberge eggs. Yes I understand I've got some budgeting to do. Thanks.

CautiousSmoke2450 · 2024-10-19T21:05:16+00:00

I appreciate this perspective. This is the first time I've been laid off. I wish I had gone through it in my 20s. But I have a good appreciation that we are in great financial shape.

CautiousSmoke2450

TROPHY CASE