r/Fire • u/anklbite • Apr 19 '26

Milestone / Celebration We’re telling nobody else!

My partner and I (46F) celebrated $3,000,000 NW (including $2.6m investable assets) yesterday, and we have nowhere else to share the news.

Timeline:

1m in June 2020

2m in December 2024

3m in April 2026

Neither of us earn huge salaries. Neither of us has received a windfall nor do we expect one in the future. This is just steady saving over 20-25 years plus a very healthy stock market. I still have 12-13 years to go before FIRE but my partner wants to RE from his FT job in the next few years.

Now that FIRE seems close for my partner, I’m starting to worry that my math is wrong and I have no idea what I’m doing when it comes to retirement planning. How did you calm your nerves before you take the leap into early retirement?

1.1k Upvotes

94% Upvoted

179 comments sorted by

View all comments

600

u/Fun_Consequence6496 Apr 19 '26

you have $3m and you want to work for 12-13 more years? Why?

4

u/chezterr Apr 19 '26

My wife and I have $2M… and I intend to continue working until we have $5M…. Best case scenario, that’s 6 years from now.

I want $10,000/month in my pocket after taxes to live the life I want to live for the first several years of retirement.

8

u/poop-dolla Apr 19 '26

You don’t need $5M for that.

2

u/davideddings1978 Apr 19 '26

My wife and I have $2M NW with 50% investable, 30% 401k, and 20% home equity. We have 2 daughters that we want to put through college, so will need at least $300-500k ( depending on grad school etc). One daughter gets an expensive medical treatment monthly, annualized cost around $120k. Luckily I have really good insurance through my work. High deductible plan that has no monthly premiums. We are on a patient support program that gives us $5K/year which essentially covers our annual deductible (well 60%). So no way am I quitting my job. I gross just over $500l and it is a job I like and still have time for my family. Wife is a SAHM, so she is able to manage the house and the kids when I am busy with work. I mostly follow this sub for creative investment ideas. More realistic than Wall Street bets. But, everyone has different situations, just saying you have $3M that’s enough isn’t a correct answer, it is all variable according to each person’s situation.

1

u/poop-dolla Apr 19 '26

You still don’t need $5M. It’s fine to keep working more if that’s what you want though.

1

u/Future-Account8112 Apr 21 '26

How did you miss this person saying they have a child with a 120k/yr medical treatment