State of Our Retirement: Three months out!

48 thoughts on “State of Our Retirement: Three months out!”

  1. Congrats! Sounds like you are in great shape for your next adventure. Being able to say no to the boss when you don’t feel like doing something has to feel pretty good and must ease some of the pain of working so close to the end.

    I’m looking forward to reading about your triumphant exit soon and then your posts from the road!

    1. Thanks Matt – things are shaping up pretty good right now. Very thankful for that. I’ll definitely chronicle my exit as it nears. I just wonder how anti-climatic it’ll be. πŸ™‚

    1. Thanks for the kind words, Kalie. And yup, my boss knowing about my plans and working with me the best he can definitely helps this situation. And in return, I’m trying my very best to do my best work for him as I wind down at the company. It’s a win-win!

  2. Congrats on reaching your goals. Glad to see you’ll even have 3 months to pad. I have to ask with the airstream, how do you install the solar panels such that they don’t cause a lowering of your mpg?

    1. Thanks Full Time Finance. It’ll create a little more wind resistance I’m sure, but honestly, we aren’t all that concerned about MPG. We are having a very experienced solar installation shop do the installation, so they’ll situate the panels the best they can for efficiency. We’ll be able to judge any affect on MPG on the drive back down to Arizona after the installation. Plenty of time to do some math! πŸ™‚

  3. Thanks for the state of the union, Steve. I am excited for both of you to be free and hit the open road.
    The next adventure will be great and many opportunities will find you along the way.

    Even if one is not looking to escape the working world, being financially independent definitely has it’s benefits. Seems like all corporations are squeezing their employees for more and more work but they are not being rewarded in kind. Having the option to say ‘no’ when you are financially independent is something that you can definitely use to reduce the amount of stress at work.

    1. Thanks Josh. I am looking forward to the opportunities. I know they’ll come, and we will be in the position to pick and choose which ones we truly want. I’m not against “working” again, but it’ll be on MY terms this time. πŸ™‚

      And you are absolutely right…even if early retirement isn’t the goal, achieving financial independence is incredibly liberating.

  4. “We hit our retirement number” That’s fantastic to hear! And you’ll be tricking out the Airstream with solar. Score one for the environment. That should make living “off the grid” even easier.

    Nothing but working from home from here on out — you’re definitely in the homestretch now. Exciting times.

    Cheers!
    -PoF

    1. Thanks PoF! Yup, definitely the home stretch. Things are on autopilot at the moment, and it’s only a waiting game until that day finally arrives. πŸ™‚

  5. Only three months? That will pass in no-time at all!

    As far as your summer destination goes – The PNW coast is great during summer…small seaside towns, sand dunes, cool temps, and delicious seafood make for a very pleasant experience.

    Apparently, some casinos even offer free overnight RV parking.

    1. Hey Mr. Tako – yup, casinos often offer free overnight parking. They are typically well-secured, as well, so we will look for those if we need a place to crash. I haven’t seen much of the PNW, so I’m SO looking forward to spending next summer out there.

  6. Yes, green with envy over here. Is that a bad thing? πŸ™‚

    What’s it like seeing the light at the end of the tunnel and knowing it’s not a train? Looking forward to experiencing it for myself one of these years!

    1. No doubt about it, it feels good. Feels exciting. Looking forward to starting this new venture and seeing where it takes us. πŸ™‚

      Thanks for the comment, Jack. See ya on the road!

  7. Wowza! Sounds like some amazing progress! Congrats on becoming 100% debt-free; that’s quite an achievement. πŸ™‚ I didn’t know you could get solar panels installed on vehicles; is that to power electricity in the trailer?

    We have quite a while until we reach FI, but man, I would love to travel around for a while like you guys are. πŸ™‚

    1. Thanks Mrs. Picky Pincher. Yup, there are a TON of RVs out there who have solar installed on their roofs. That enables us to stay out in the middle of nowhere and without a plugin for electric. We get to generate our own power. Off grid living, for sure! πŸ™‚

  8. How exciting to see all the progress you’ve made and how close you are to “retirement.” Sounds like everything has gone according to plan so far — have there been any hiccups or anything unexpected along the way? Anything that’s surprised you the most during this whole process? Would love to hear about it πŸ™‚

    The anticipation would be killing me, with only 3 months to go. You’re so close!

    1. Thanks Kate. Honestly, no real hiccups. Things have been going pretty well for us over here. I guess the only real unexpected thing was how easy it’s been getting used to this new lifestyle and living in a place just a tenth of the size of our old place. It’s a nice change, honestly. So little to maintain. No more yard work. Dogs are comfortable, too. We don’t need much to feel comfortable around here.

  9. Hey, headed out to our neck of the woods:) You probably already have a destination, but the northern portion of the Oregon coast is more accessible than the southern coast. There’s a little place in Astoria that has some of the best fish-n-chips ever! Also, if you make it over to the dry side, Wallowa Lake (Joseph, OR) is beautiful. Safe travels.
    (PS~Have to admit, a little envious over here. We are further out but on the right track:)

    1. Hi Ms. Locust! Actually, no, we don’t have anything specific lined up yet…flying by the seat of our pants, I suppose. We will definitely keep your tip in mind, though, about the northern coast. We’ve looked at Astoria, actually. Looking forward to all the possibilities!

  10. Congrats Steve. I might have missed it but what is your nest egg to generate $30K annually and how is it divided among various asset classes?

    1. Hi John! We’re going to divulge our entire nest egg when we hit the road in February of 2017. But, we have an 80/20 split between stocks and bonds. No other investments. No side income. No hustles. Nothing. We’re conservatively estimating our retirement based on ZERO additional income, which means anything that we do happen to generate (which WILL happen) will be icing on the cake and pad the stash. πŸ™‚

  11. Congrats Steve!

    Looking forward to a post on the solar panels in the future.

    It’s awesome that your boss is understandings and working with you through the transition, I wonder how many companies would be that understanding

    1. Thanks Apathy. I agree that my boss has been awesome during all of this. Very thankful for that. I’m curious about that too (regarding other companies). I think it’s more about the person whom you work for rather than the company itself, but I also know that exceptions to that rule definitely exist!

    1. Thanks Jason! We do plan to make the Maine to Florida trek at some point in the future. I lived on the East coast for 10 years…in the D.C. area, no less. I know how much “fun” it can be out there! πŸ˜‰

    1. Thanks Million Endeavour! Yup, we’re looking forward to getting the solar panels installed. It’ll enable dispersed camping without running a generator, which is ALWAYS preferrable! πŸ™‚

  12. First off congrats on being three months away from retirement. That is amazing.

    You must feel like a senior in high school. You have been accepted into college (retirement) and you can see the light at the end of the tunnel but it’s hard to stay motivated in your senior English class (work). Keep pushing through and enjoy the final days of your work life πŸ™‚

    1. Thanks Mustard! Actually, yeah, that’s very close to what I’m feeling right now. Remarkably similar. I never really cared about high school before my college acceptance, but especially after it was official, I cared even less. Great analogy that I had never thought of. πŸ™‚

  13. I have been following your posts and have to say you guys have been an inspiration for my husband and I to hunker down and save even more than we were so we can retire in five to seven more years when our son is through with school. We too would like to travel and are looking into buying a travel trailer although we don’t plan to live in it year round. Love reading these posts! Congrats on reaching your goals!

    1. Thank you very much, Karen, for your kind words. I very much appreciate it! In the greater scheme of things, five to seven years isn’t a long time. And the road will always be there waiting for when you guys are ready to begin exploring. πŸ™‚

  14. We can totally relate to how hard it gets to hang in there at work the closer you get — which is completely the opposite of what I would have expected! I thought we’d hit a point where we don’t need our jobs anymore, and start finding that work is a joy, but nope! Though we are making an effort to be grateful for the little things, or at least to experience some nostalgia in advance for our “lasts” of things — and I highly recommend taking that approach. πŸ™‚

    1. That is probably what surprises me the most about this entire process. It seems only natural that things get easier when we finally see light at the end of the tunnel, but that’s not necessarily true. The closer we get, the tougher it is to wait. πŸ™‚

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