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|Subject: I am such a Wannabee!||Date: 2/16/2004 3:38 PM|
|Author: batdoe||Number: 1936 of 5016|
Hi all, I'm Lisa and I'm such a FIRE Wannabee!
Really, I want my husband to retire early. The earlier the better. We're in our late 30s with 4 kids (7, 5, 3 and 10 mos). We're doing fine with our retirement savings - maxed out 401k for him and Roth IRA for me. I stay at home with the kids and he goes out to work every day at a job he does not like, but that pays well. The problem is that it is very hard for him to find another job as the high tech industry isn't hiring much at this point. He has recently decided that it may be time to stop looking for the "perfect" job and just find anything else that pays well.
I don't want him living like that. It's not fair to him at all and he hardly ever complains about it.
Over the past year or so I have really started to trim back our spending so we can get him out of this rat race as soon as we can. I'd love to have him retire at 50, in 2015 but I am not sure we will be able to do that.
I have a lovely excel spreadsheet that says we won't have enough to retire on until probably 2019. He will be 54 then and I suppose that's not bad, but I love the idea of 50 because it's such a nice round number. I also like the idea of his being able to say "I retired in my 40s", but that will take some serious good luck with our investments.
I homeschool our kids, so I'm not available to work a normal job, but I have been throwing the idea of a weekend job around. I'll consider it more this spring when the baby turns 1. In the mean time I'm playing a game with myself to see how little money I can spend on any given day.
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