Started diversifying my portfolio by adding term deposits and government bonds to the mix, just to mitigate market movements during the withdrawal phase. It’s getting real!
Yeah!!
I recently moved half my e-fund to a 13-week t-bill ladder, and it feels good having at least that small portion in bonds. The rest of my e-fund is in money market funds, and other than that I’m 100% stocks.
I plan to get bonds when I get closer to FI, but I’m not quite there. So if you’re looking at bonds already, that tells me you’re feeling closer to FI, which is awesome. Make sure to post back when you hit your number. :)
I’ve got three numbers basically, for a frugal, normal, and lavish retirement. I’m past frugal and should meet normal within 5 years or so. I have a small number of employee shares in my company which is planning to go public in 3-5 years.
So my plan is to ride it out - by then I’ll have reached “normal” through my regular savings, and if the IPO is successful, would beam me straight into lavish territory. If not, I’ll just stick to what I have and call it a day. Never been a big spender anyway.
Congrats, that’s super exciting! It must feel really good knowing you could quit at anytime if you wanted to, and you would know precisely what your standard of living would look like if you do.
I’m unreasonably excited about a fund swap at my company’s 401k. Basically, they’re swapping some S&P 500 fund w/o a ticker for FXAIX, which will drop my ER from 0.04% -> 0.015%, but more importantly will give me a ticker to put into my spreadsheet so I can get a real-time update on my invested assets. The actual impact is minimal ($25 per $100k invested), but I’m excited all the same.
It’s a small thing, but I’m glad there’s at least something positive happening with our 401k getting bought out by Empower a couple years ago. Maybe I’ll eventually get a mega-backdoor option eventually, but for now I’ll take my $25 and a ticker all the way to the bank.
Sigh - I missed deploying my war chest in the recent dip around early Sept. Now everything is inflated :/
