Happy holidays! Only two weeks left in 2017! Can you believe it? It’s time to wrap up 2017 and get ready for another New Year. This is an easy time of the year for personal finance bloggers because there are so many topics to write about. I’m going to tally up my 2017 New Year goals, net worth, cash flow, passive income, blog income and summarize the result in a couple of blog posts. One of my major goals is to see if my wife can early retire soon. (That’s Mrs. RB40 for our new readers.) First, I’ll go over a little background. Then we’ll see if it makes sense financially and follow up with other parts of the equation.
Here is a quick recap of our current situation. Actually, it’s probably easier to look at our earnings and follow along.
I started working full time as a computer hardware engineer in 1996. Mrs. RB40 went off to Peace Corps and started working full time in 1999. Mrs. RB40 went back to college and got her Master’s degree in 2007. I was an engineer for 16 years and early retired in 2012. Mrs. RB40 is still working full time.
It’s been 5 years since I early retired and life has been fantastic. Some readers, aka the internet retirement police, said I’m not really early retired because my wife is still working. However, I disagree. Why does it matter if Mrs. RB40 is still working or not? This wouldn’t be an issue if I was 65. Most couples do not synchronize their retirement. Mrs. RB40 could have early retired with me in 2012, but our finances would have been tighter. It would have been fine because the stock market did very well over the last 5 years, but