172 days = 122 work days (Mo-Fri) target
We survived the holidays and first week back to work.
House
We don't own the old house any longer, it transferred ownership at the notary earlier this week and handed over the keys.
I feel at home in our new house, but it will require a lot of work for the next 12-24 months or so.
Work-holidays
First work week in 2020 I felt tired. Different rhythm after the holidays - went to bed too late.
Assuming I will work till end of June, I will have about 23 holidays available. It means I could continue to take off each Friday. But I probably also need some holidays for other things in this period AND in case I do not quit end June, or stay on parttime, I want to be able to take a summer holiday with kids and wife. So for now I decided I won't take off automatically all Fridays and will see how things go in the coming weeks/months. In the "worst case" I still quit and have most of them left, which means I can quit almost a month earlier or have 1 month more pay.
Investments - NW enough?
I am/was hoping to be able to invest bit more in real estate before I quit my job. This because while working I have access to very good mortgage terms and it would provide a good margin between monthly income and expenses. This would help to continue to grow our net worth, even when we would no longer would have income from our day jobs. But with the current hot market, it might be hard/impossible to find and close deals in the next 3.5 month (before I have to give my notice).
If it turns out I can't buy more in the next 3.5 month, I feel a little less secure because I don't know exactly how much yield we're able to make on our currently non invested cash, if I or DW will have side incomes (I actually prefer not need to) if it will be sufficient to support the kids during their study, realize some of our own future wishes etc. The difference between a positive outcome, i.e. making a 1-3K / month on parttime consultancy/side job and 1-2K additional rental income to a negative outcome, i.e. making no additional money at all and having some unexpected lower rental income/additional cost of say 1-1.5K a month, is a huge difference of max 65K a year and means the difference between potentially running out of money at some point or FAT FIRE. This insecurity is not new, I wrote about it earlier and this is probably where the (in)famous one more year syndrome is coming from.
In any case, I still really target end of June to quit working full time so please help me to keep me accountable on my target date
. Part time though, to ease my concern
and be able to enjoy some perks (including be able to buy Real Estate with good mortgage conditions), are still an option for me, if I get that it offered.