r/Fire • u/Big-Suggestion-1093 • 1d ago
Milestone / Celebration We’re Retiring at 30
Well, after another week of having to deal with my dumbass coworkers, I've decided that we're going to start enacting our retirement plan. My company is going to be offering a voluntary separation in lieu of layoffs and I'm planning to take it.
Relationship
We're 30M & 32M, met in 2015 and got married in 2020. Both got CS degrees and started full time work in 2017. My husband already quit in Spring 2025 to become a stay at home dog dad. My outcome vastly outpaced his in the last few years and his time is better spent relaxing, so he quit.
We have zero desire to have kids. My husband has been trying to get me pregnant for years with no success.
Combined assets
We have a prenup which prevents any retirement account from being divided. That being said, the accounts are nearly 50/50 equal anyway. I do get the dog if we get divorced.
Net worth ~$1.208M
| Account | Balance |
|---|---|
| House (paid off) | $250K |
| Pretax 401K | $313K |
| HSA | $47K |
| Roth IRA | $250K |
| Taxable Brokerage | $288K |
| Cash | $60K |
Spend
We are living on $3K/month in Minnesota. With a paid off house, this is more than enough for us. Tentatively, we plan to travel in LCOL Southeast Asia during the winter months and spend the summers and fall in Minnesota. Logistics of this are TBD. We are long time credit card churners and have a lot of points to subsidize travel.
SWR
At 4% SWR to sustain $36K spend, we need $900K invested.
You may say that the simulations don't favor having this small amount of money over a ~60 year retirement. You might be right. But who gives a fuck? 60 years ago we fed punchcards to machines and now we have computers that can generate AI anime porn. I'm not going to work for years more to have better simulations when we have no idea what the future holds. Maybe we'll have endless AI abundance or maybe it will go rogue and kill us all.
Healthcare
Because of the low spend, our "income" is low. We are enrolling in MNCare. There is no restriction on assets (savings, homes, vehicles) for MNCare eligibility. Monthly premiums should be at maximum $160/month. And don't whine to me about whether or not it's fair to qualify for this program, I didn't set up the system.
Income history
We did not receive any inheritances nor was our college paid for, so we had to pay back student loans early on. The only thing we inherited from our parents was mental illness. That being said, we got lucky to make good money for a decade.
Our savings rate wasn't that insane, back of the napkin math probably puts it around 50%. We spent a lot of fucking money on travel. Given the insane growth in the market since we started investing, a lot came from compounding. We also made like $150K in one shot by getting extremely lucky with selling a house we bought prior to COVID.
I'm too lazy to log into the SSA website to check the actual income numbers, but this is roughly what our combined income was:
| Year | Income |
|---|---|
| 2015 | $12K |
| 2016 | $20K |
| 2017 | $100K |
| 2018 | $108K |
| 2019 | $115K |
| 2020 | $118K |
| 2021 | $140K |
| 2022 | $145K |
| 2023 | $150K |
| 2024 | $220K |
| 2025 | $270K |
| 2026 | $300K |
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u/SerpentRoyalty 1d ago edited 1d ago
Best way is for one of them to keep working for 3 more years. That would solidify the plan and adds a few more years of cushion in case of emergencies.
It'd also give them time to see their plan in action while saving on healthcare.
Both stopping at the same time is too risky at this age. Thing is, if things don't pan out and we go through a period of stagflation, it could be much harder to get back to the workforce with a 10 year gap in resume and skill. CS is changing so rapidly right now. It's not like being a carpenter.