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HockeyIlliterate · 04-23-2021, 04:31 PM

I’m pretty sure that there was a similar thread to this one a few months back.

Anyway, I’ll just say this:

I originally wanted to retire by 40. I then changed that to just be financially independent. I hit that latter goal.

I got laid off at 43 and I haven’t looked for a job since then. At this point, I consider myself to be temporarily retired.

I may go to work again, or I may not. Who knows?

Anyway, I have a roughly 50/50 stock/bond portfolio (given the recent stock run-up, it is more like 55/45), all in index funds, and I am planning on withdrawing no more than 2.5% a year from the portfolio. I have no debt and have a house. I have been extremely lucky.

What I have found, over time, is that it is a lot easier to say that “I will retire when I have $X” than it is to really do it when you have $X. The “one more year” syndrome is real, but getting laid off is a good way to overcome it!

04-23-2021, 04:31 PM	#147
HockeyIlliterate Powerplay Quarterback Join Date: Jun 2013 Exp:	I’m pretty sure that there was a similar thread to this one a few months back. Anyway, I’ll just say this: I originally wanted to retire by 40. I then changed that to just be financially independent. I hit that latter goal. I got laid off at 43 and I haven’t looked for a job since then. At this point, I consider myself to be temporarily retired. I may go to work again, or I may not. Who knows? Anyway, I have a roughly 50/50 stock/bond portfolio (given the recent stock run-up, it is more like 55/45), all in index funds, and I am planning on withdrawing no more than 2.5% a year from the portfolio. I have no debt and have a house. I have been extremely lucky. What I have found, over time, is that it is a lot easier to say that “I will retire when I have $X” than it is to really do it when you have $X. The “one more year” syndrome is real, but getting laid off is a good way to overcome it!