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A big weekend for us. DD walks the stage today for her university graduation with a BS in Finance and only a few classes short of her MBA. She's been working part-time for a Fortune 500 company during her college years and will start as a RFT employee in June and complete her MBA using employer sponsored tuition reimbursement. Needless to say, DW and I are very excited for her. DS completes his freshman year this weekend and his remaining tuition is fully set aside in a 529.
And yesterday was my last day a RFT employee. I'll be 24 hrs/week moving forward (monday thru wednesday). A variation on the FIRE acronym is that the RE stands for "recreationally employed" - which I think suits my situation. I'll stick around for tbd to transition one of my business leadership roles to my successor and direct my remaining time to focus on certain "high risk/high reward" projects that we undertake.
In the near term, with both DW and I working RPT means we'll earn something close to what I've planned as our (fully retired) withdrawal rate budget. As such, we'll get some "practice" with both living off our retirement budget and finding activities to fill our additional free time.
And yesterday was my last day a RFT employee. I'll be 24 hrs/week moving forward (monday thru wednesday). A variation on the FIRE acronym is that the RE stands for "recreationally employed" - which I think suits my situation. I'll stick around for tbd to transition one of my business leadership roles to my successor and direct my remaining time to focus on certain "high risk/high reward" projects that we undertake.
In the near term, with both DW and I working RPT means we'll earn something close to what I've planned as our (fully retired) withdrawal rate budget. As such, we'll get some "practice" with both living off our retirement budget and finding activities to fill our additional free time.
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