Yes I did. I turned in my formal resignation for early retirement last week Wednesday. It was an epic day almost from the dawn’s first light. A magical snowstorm came through our state, leaving ten inches of crystal white snow over the landscape. We greeted the day as a family with buckwheat flapjacks, real maple syrup and a one hour “late start” to work and … Continue reading FIRE Milestones – Formal Resignation Notice
We are in the home stretch, indeed. This is the January month end report of our journey to financial independence & retiring early (“FIRE”). It was a full year ago I published the first of this countdown series, when I was 14 months away from the date. Each month I try to recap the key events & decisions that are made in hopes that someone … Continue reading Early Retirement FIRE Escape – Two Months To Go!
A terrific thing happened at work yesterday. One of our very capable managers came in my office and said, “I’m retiring!” It was the first time in my 27 year career that anyone on my team had retired (that will tell you about culture of the MegaCorp’s I have worked for). I was SO excited for him. He’s about 7 years older than I am, … Continue reading Up, Up & Away … Early Retirement
Today marks exactly 100 days from April Fools Day 2016 – the date I’ve planned for early retirement. I am off of work today and will spend the day doing last minute errands as we get ready to enjoy Christmas with our families over the next few days. Christmas activities have been a bit of a blur this year. It’s always a busy month, but … Continue reading 100 Days from Early Retirement
Well, this has certainly been the most dramatic month in the nine months I’ve been posting about our countdown to early retirement. The stock market surged back to positive this month – even my MegaCorp’s stock as they aim to layoff 1,500 useless corporate bureaucrats like me by end of year (Merry Christmas!).
Yesterday my MegaCorp employer announced weak sales, record profits, and 1,500 job cuts. The rumors started about a week ago and proved true the old adage that 99% of organizational rumors are true. While no plans have been announced for how they are going to go about the layoffs, a couple things are understood: Continue reading “Blue Days @ MegaCorp / Financial Independence”
My profound wife likes to say that often the “days go slow, but months go fast”. That feels appropriate to my situation, as I am surprised that I have just 6 months left to my planned early retirement (on 4/1/16), despite the fact that I recently wrote that time seems to be moving slower than I thought it would.
Six months is still a long time – yet, at the same time, it seems like I am now very near the daunting precipice of the unknown. My thoughts are increasingly “who does this?”, “who leaves their successful career 10 years early to enjoy a life of independence and leisure?” and “will I be wasting my god-given (and relatively highly paid) talents?”
While I wrestle with my fast & slow consternations, I am also watching our nest egg through the relative volatility of the financial markets, that started in August. Continue reading “Early Retirement FIRE Escape – 6 Month Countdown”
We are still 6+ months from our planned early retirement date and I have to report that time is moving a bit slowly. I thought when I was within one year of my secret plan to escape Megacorp for a life of FIRE (financial independence & retiring early), that things would start to feel accelerated, but that hasn’t really been the case.
One of the factors that I thought would make this final year move fast was the idea that I would be doing certain things for the ‘last time’ as I moved through each of the last 12 months. Continue reading “Time Moving Slowly to Early Retirement Date”
August was the month where I would say that “this sh*t is getting real”. With just 7 months left before my FIRE Escape date to early retirement on April Fool’s Day 2016, planning & preparation are definitely moving into full swing.
August has been a quite eventful month for a few reasons and there has been a lot of volatility in the stock markets to add to the excitement: Here’s my checklist of things I got done this month:
- Read Ernie Zelinski’s book “The Joy of Not Working”. Good inspiration.
- Had my last annual physical at the MegaCorp medical center. Good health.
- Had my second-to-last Dentist visit. Good teeth.
- Started my new “side job” – a corporate board role. Good meetings.
- Met with our tax advisor. Good numbers.
- Continued to update my countdown flags. Good fun.
- Watched the stock market rock & roll. Good luck!
While the stock market fell -4.3% in August, our nest egg has remained pretty resilient at +1.9%. The difference maker for us has been a sizable holding in my former MegaCorp employer’s stock, which has stayed strong through the Wall Street panic, remaining +4.4% for the year. Since these shares are in stock options, they have positive leverage and a better than average impact on our total portfolio. Continue reading “Early Retirement FIRE Escape – 7 Month Countdown”
It seems like just yesterday that I posted a blog listing “7 Ways To Countdown To Early Retirement“, but it actually has been a full 22 weeks since I got counting with the secret Post-it Note flags I put inside my credenza door at work. I just wanted to post my progress since I have now removed the entire top row from the countdown and … Continue reading Countdown To Retirement – Progress Update