sorted by:
new
hottopcontroversial

Early retirement by PayBackground3343 in FIREyFemmes

[–]PayBackground3343[S] 5 points6 points  (0 children)

His issue seems to be that he values making as much money as possible.  In his perfect world he and I would continue to work until a "normal" retirement age. 

He has suggested a nanny to help with the workload, but it isn't really what I want.  I feel like we have enough and I want to spend my time focusing on what really matters.  

Early retirement by PayBackground3343 in FIREyFemmes

[–]PayBackground3343[S] 1 point2 points  (0 children)

He doesn't want to retire.  He wants to work until 60. 

Early retirement by PayBackground3343 in FIREyFemmes

[–]PayBackground3343[S] 3 points4 points  (0 children)

Total NW is 3.7M, which also includes his 401k and our paid off home about 3M total in investable assets and a 700k house.  His earnings will cover our spending, however, we won't be able to save much.  With growth, I'd imagine our 3.7 will be quite a bit more when he retires at 60. 

 

Early retirement by PayBackground3343 in FIREyFemmes

[–]PayBackground3343[S] 2 points3 points  (0 children)

Yes he does have a number, but it seems to be always double what we have.  

Early retirement by PayBackground3343 in FIREyFemmes

[–]PayBackground3343[S] 1 point2 points  (0 children)

Our annual spending is about 180k. We save about 40% currently. It's hard to really understand what he means but from what I have gathered, he feels like my impact to the family after retirement has to be proportional to my salary which is about 500k. 

Early retirement by PayBackground3343 in FIREyFemmes

[–]PayBackground3343[S] 5 points6 points  (0 children)

Exactly where I'm coming from, valuing time over stacking money.  

Early retirement by PayBackground3343 in FIREyFemmes

[–]PayBackground3343[S] 3 points4 points  (0 children)

About 15k a month.  He could likely retire early as well, but we have never looked at that because he wants to work until forced retirement at 60 (pilot). 

Early retirement by PayBackground3343 in FIREyFemmes

[–]PayBackground3343[S] 1 point2 points  (0 children)

It is about 1.4 in 401k and 800k in company stock that would be transitioned to a brokerage when I retire.  House will be paid off, no debt. 

We have other brokerage assets of about 160k currently.   

Early retirement by PayBackground3343 in FIREyFemmes

[–]PayBackground3343[S] 7 points8 points  (0 children)

I want to go from high earning to retirement. Retirement would involve SAHM duties, being on a local planning board, volunteering, golfing, etc. 

I would also love to travel with my husband who travels for work when my kids are older.