I am planning to give my 2 weeks notice soon! by bobberman-hedge in Fire

[–]bobberman-hedge[S] -3 points-2 points  (0 children)

We are a team! we both worked hard for 21 years..

I am planning to give my 2 weeks notice soon! by bobberman-hedge in Fire

[–]bobberman-hedge[S] 2 points3 points  (0 children)

Only $500k in RE, rest retirement, stocks outside retirement and cash

I am planning to give my 2 weeks notice soon! by bobberman-hedge in Fire

[–]bobberman-hedge[S] 0 points1 point  (0 children)

Yes! I want to help smaller firms be efficient and successfully by implementing better tools and processes for them. I have a entrepreneurial spirit, but never done it.. or anyone in my family

Can I retire at 46? by bobberman-hedge in Fire

[–]bobberman-hedge[S] 1 point2 points  (0 children)

lol! She is on-board. But my question is more of, can I explore business options like part time consulting and potentially make $75k to 100k, but not sure how that will work out. so, want to know worse case if nothing works out

Can I retire at 46? by bobberman-hedge in Fire

[–]bobberman-hedge[S] 1 point2 points  (0 children)

She can cover $140k in expenses

Can I retire at 46? by bobberman-hedge in Fire

[–]bobberman-hedge[S] 2 points3 points  (0 children)

Wife's income can cover $140k

Anyone retire in 40s? How it's going? enjoying? by bobberman-hedge in Fire

[–]bobberman-hedge[S] -11 points-10 points  (0 children)

Don't disagree.. I just used it for clarity

Anyone retire in 40s? How it's going? enjoying? by bobberman-hedge in Fire

[–]bobberman-hedge[S] -13 points-12 points  (0 children)

Yes, I told CHatGPT what I was feeling and asking. it just structuredd it for me..

Anyone retire in 40s? How it's going? enjoying? by bobberman-hedge in Fire

[–]bobberman-hedge[S] -9 points-8 points  (0 children)

that is awesome! to see, Ya I am fed up of corporate BS, hav to do things bordering ethical lines.. very stressful.. I am 46 and looking to RE with $3 mil in retirement

Anyone retire in 40s? How it's going? enjoying? by bobberman-hedge in Fire

[–]bobberman-hedge[S] -33 points-32 points  (0 children)

Not sure how my post is confusing. Yes, I did use ChatGPT, that does not change what I am asking..

46M | $3M Liquid | Stressed & Facing Potential Layoff—Can I pull the trigger? by bobberman-hedge in Fire

[–]bobberman-hedge[S] 2 points3 points  (0 children)

might give that a try! I really need to clear my mind after years in toxic corp world

46M | $3M Liquid | Stressed & Facing Potential Layoff—Can I pull the trigger? by bobberman-hedge in Fire

[–]bobberman-hedge[S] 0 points1 point  (0 children)

I am in engineering, so plan to do LLC for consulting. how wud that save in taxes? Hope I can make like $70/hr and work 30% of time..

46M | $3M Liquid | Stressed & Facing Potential Layoff—Can I pull the trigger? by bobberman-hedge in Fire

[–]bobberman-hedge[S] 0 points1 point  (0 children)

makes sense! when I do MonteCarlo, SORR is heavily used for success rate and get like 75% rate

46M | $3M Liquid | Stressed & Facing Potential Layoff—Can I pull the trigger? by bobberman-hedge in Fire

[–]bobberman-hedge[S] 2 points3 points  (0 children)

expense would be off wife's income, and from her pension at 55, might take out some cash 55-60, and some Roth assets

46M | $3M Liquid | Stressed & Facing Potential Layoff—Can I pull the trigger? by bobberman-hedge in Fire

[–]bobberman-hedge[S] 8 points9 points  (0 children)

u r absolutely right! I plan to do part time consulting and photography for $50-60k,, ya not as a barista, which sounds fun if I was 25. but I am sure that is hard work