Early Retirement Extreme Forums

Hi there! Very well done! It would be nice to know if you've followed a careen in medicine for the high pay, or if you chose a particular occupation, over another one, for the high pay Hi. Thanks for your interest. I had a few other jobs in high school, college and just after college in areas that ...

DutchGirl wrote: ↑

Thu May 04, 2023 12:45 am

You're getting really close to the 3M. Nice. Any ideas on how to celebrate and mark the occasion?

Actually, we hadn't thought about it until you brought it up. We decided we are going to get sushi and have a date night in a few weeks.

May 2023 Update

Assets:

IRA/Brokerage/403b/457/cash: $2,467,935
Estimated Home Worth: $1,150,000

Liabilities:
Mortgage: $676,984 @ 2.75% fixed

Net:$2,940,951

April 2023 Update

Assets:

IRA/Brokerage/403b/457/cash: $2,473,509
Estimated Home Worth: $1,150,000

Liabilities:
Mortgage: $678,335 @ 2.75% fixed

Net:$2,945,174

March 2023 Update

Assets:

IRA/Brokerage/403b/457/cash: $2,448,975
Estimated Home Worth: $1,150,000

Liabilities:
Mortgage: $679,635 @ 2.75% fixed

Net:$2,919,340

I think this is a record high, which is a little weird given the current state of the economy/stock markets.

Feb 2023 Update

Assets:

IRA/Brokerage/403b/457/cash: $2,376,824
Estimated Home Worth: $1,150,000

Liabilities:
Mortgage: $681,000 @ 2.75% fixed

Net:$2,845,824

The figures are amazing... and unlike anything else on this board. Spend a little less and you could likely ERE today. No point though if you enjoy your work and lifestyle. We could probably pull off ERE right now. The biggest sticking point is healthcare though, ironically enough. Figuring out how...

Alice_AU wrote: ↑

Thu Jan 05, 2023 4:31 am

Hi!
Just out of curiosity - you're not including value of the new car into your Assets?
(I don't bother myself, but my car is like $6K not $74K haha)

I guess I could, but I just don't like to list depreciating assets.

Jan 2023 Update

Assets:

IRA/Brokerage/403b/457/cash: $2,401,682
Estimated Home Worth: $1,150,000

Liabilities:
Mortgage: $682,329@ 2.75% fixed

Net:$2,869,353

Annual Update MedSaver gross W2 income 2022: $717,850 (2021: $977,769), down 26%. Net income 2022: $390,011 (2021: $499,775), down 22%. Monthly net: $32,500 Mrs. MedSaver gross W2 income 2022: $180,932 (2021: $169,696), up 7%. Net income 2022: $25,980 (2021: $22,153), up 17%. Monthly net: $2,165 Inh...

Nov 2022 Update

Assets:

IRA/Brokerage/403b/457/cash: $2,382,539
Estimated Home Worth: $1,150,000

Liabilities:
Mortgage: $685,010@ 2.75% fixed

Net:$2,847,529

DutchGirl wrote: ↑

Fri Sep 30, 2022 10:43 am

Progress once again! Albeit slow.

Indeed. Very slow...

Oct 2022 Update

Assets:

IRA/Brokerage/403b/457/cash: $2,279,710
Estimated Home Worth: $1,150,000

Liabilities:
Mortgage: $686,441@ 2.75% fixed

Net:$2,743,299

Sept 2022 Update

Assets:

IRA/Brokerage/403b/457/cash: $2,180,443
Estimated Home Worth: $1,150,000

Liabilities:
Mortgage: $687,711 @ 2.75% fixed

Net:$2,642,732

August 2022 Update

Assets:

IRA/Brokerage/403b/457/cash: $2,174,790
Estimated Home Worth: $1,150,000

Liabilities:
Mortgage: $689,011 @ 2.75% fixed

Net:$2,635,779

So as I understand, you still "have to" work 3 more years. It does sound like that should also give you time to for example start putting more money into "normal" (non-retirement) investment accounts to navigate the first years of retirement - if that is the best option for you ...

DutchGirl wrote: ↑

Sat Jul 02, 2022 4:42 am

I see you're also able to buy stocks at a discount these days. Oh well...

Yup. Just pluggin' along.

July 2022 Update

Assets:

IRA/Brokerage/403b/457/cash: $2,229,723
Estimated Home Worth: $1,150,000

Liabilities:
Mortgage: $690,335 @ 2.75% fixed

Net:$2,689,388

June 2022 Update

Assets:

IRA/Brokerage/403b/457/cash: $2,086,203
Estimated Home Worth: $1,150,000

Liabilities:
Mortgage: $691,658 @ 2.75% fixed

Net:$2,544,545

Have you planned what your retirement portfolio and distribution strategy look like? Not in theory, but nuts and bolts? Cash flow per year, what accounts it comes from, what you want to hold, how you harvest income, tax strategies, long term care plan, estate plan, etc. That's something I wish I'd ...