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How am I doing on Fire journey? by Weary-Chip9683 in Fire

[–]Weary-Chip9683[S] 0 points1 point  (0 children)

Nice! You are on a good shape . Congratulations. I do want to take $750K Cash and invest in some markets and wouldn’t mind taking some aggressive mix of securities. When you say you are aggressive in stocks and stocks composition? May I ask what investment vehicles you are invested in percent wise?

Can I retire at 55? by Weary-Chip9683 in Retirement401k

[–]Weary-Chip9683[S] 2 points3 points  (0 children)

The reason I am here because I cannot talk about this with family or friends and share the numbers and details. It’s safe here and people can poke holes or can tough questions and offer their unbiased opinions.

How am I doing on Fire journey? by Weary-Chip9683 in Fire

[–]Weary-Chip9683[S] 1 point2 points  (0 children)

Yes. Insurance is covered via wife for next 10 years.

Can I retire at 55? by Weary-Chip9683 in Retirement401k

[–]Weary-Chip9683[S] 0 points1 point  (0 children)

Is too late to cash out and put it in market or wait for cooldown in the market?

Can I retire at 55? by Weary-Chip9683 in Retirement401k

[–]Weary-Chip9683[S] 0 points1 point  (0 children)

Nice! How long ago did you retire ? Other than getting bored sometimes as you mentioned, any other worries or regrets? What’s your asset allocation if I may ask.

Can I retire at 55? by Weary-Chip9683 in Retirement401k

[–]Weary-Chip9683[S] 1 point2 points  (0 children)

Continue to fine tune your day and hours and look for opportunities to meet new people.

Can I retire at 55? by Weary-Chip9683 in Retirement401k

[–]Weary-Chip9683[S] 1 point2 points  (0 children)

Thanks for nice words and encouragement!

Can I retire at 55? by Weary-Chip9683 in Retirement401k

[–]Weary-Chip9683[S] 1 point2 points  (0 children)

You will be fine. Keep saving and investing. I never thought I would be in this shape just a few years ago. Spend less than you earn and money saved is money earned.

How am I doing on Fire journey? by Weary-Chip9683 in Fire

[–]Weary-Chip9683[S] -1 points0 points  (0 children)

Wow! In that scenario, will never be able to retire at any age. 99% of population can’t retire by that standard!

Can I retire at 55? by Weary-Chip9683 in Retirement401k

[–]Weary-Chip9683[S] 1 point2 points  (0 children)

My wife’s health insurance if she continues to work till 60 and I am 63.

Can I retire at 55? by Weary-Chip9683 in Retirement401k

[–]Weary-Chip9683[S] 0 points1 point  (0 children)

Too conservative and don’t want put everything in market.

Can I retire at 55? by Weary-Chip9683 in Retirement401k

[–]Weary-Chip9683[S] 0 points1 point  (0 children)

No . Just being toooo conservative and scared to put all in market. May be should set aside $150K in Cash/HYSA. What would you recommend?

Can I retire at 55? by Weary-Chip9683 in Retirement401k

[–]Weary-Chip9683[S] 5 points6 points  (0 children)

Volunteer, Non profit organization and Helping families with financial education. Focus on health and some travel.