Home > 2021 Q1 Quarterly Status of Retirement Prerequisites

2021 Q1 Quarterly Status of Retirement Prerequisites

February 12th, 2021 at 02:35 pm

I have a deadline set for the start of my retirement and I have a list of prerequisites to determine whether I’m in a safe-enough-for-me position to retire sooner. Each quarter I evaluate my progress against those prerequisites, and my quarterly check-in for this is aligned with my birthday instead of the standard calendar quarter. That’s because a couple of my prerequisites are based on my 60th birthday so the calculation is simpler.


Result for this check-in: Again, it's not time to retire now, but I’m continuing to make good progress.


In order to pull the plug immediately, I’d have to have these things accomplished:

Retirement account on target for 7 figures on 60th birthday

College savings on target for full funding

Mortgage paid off

Savings of basic expenses until 60th birthday set aside

No consumer debt


Currently my progress is:







Assumptions for these calculations: average annual return on investments will be 5%, no further contributions to investments, full funding = 40 semesters (8 x 5 boys), $36,000k annually for basic expenses, starting consumer debt was $10k. (At one time I had negative progress on this! For the record though, it’s at 0% interest.)


The next time I check-in on this progress will be in May at my half-birthday.

2 Responses to “2021 Q1 Quarterly Status of Retirement Prerequisites”

  1. terri77 Says:

    Looks like you’re making good progress. Keep up the good work!

  2. rob62521 Says:

    Super job!

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