u/financialfreedom26

Hi everyone, I am currently in month 3/4 in this ordeal and while the major zaps and super painful episodes are decreasing with a little more mobility I think and moreso pain isolated with stretching. I am still wondering if this is really self limiting and most people make a full recovery? Just getting discouraged and annoyed with this. Still can’t put my hand behind my back and not sure when this all starts correcting itself in a material way. Thank you in advance!!

Retire at 53 with 6.2m and paid off 1.5m house or keep working until 58ish with 10m. Market assuming 8% and saving 300n a year. Looking to spend 200-240k a year pretax.

Hi Everyone!

Firstly sending my sincerest wishes to all suffering with frozen shoulders for a very speedy recovery.

I started to experience pain in the shoulder 2-3 months ago and felt “zaps” of pain with certain movements.

I now have more mobility and less pain but the pain of reaching etc still can be there with less intensity. Also I cannot reach behind my back.

The MRI came back (and was done when the pain was more) with the diagnosis of adhesive capsulitis and tendinitis. While it seems fast based on everything I have read - this runs is course through the stages across 1-2 years.

Could I be in the frozen / thawing stage already? Also would the tendinitis have come first or vice versa. Would love to hear of others have had a quick move through subsequent stages or similar dual diagnosis? Thank you again everyone. Sending best wishes for good health and a speedy recovery!!

Hi everyone, I took a new role and really not happy with the environment, a bit toxic and the work isn’t exactly my cup of tea.

It is also strange that everyone goes for lunch together at the same time and eat together as well. I’m on an early retirement journey so I know it is not long term for me but it really is a lot having to spend so much time with everyone and also can’t relate to the topics they discuss etc.

Was curious if others had similar experiences and how they felt about it.

Hi everyone for those with a $5-7 million net worth and retired what is your lifestyle like what is your monthly spend? Do you have a better lifestyle versus when you were working bc now you don’t have to aggressively save?

Thank you for all of your insights!!!

Hi everyone 53 years, 22 years in finance, was thinking an interesting coast fire could be getting a masters in counselling and seeing clients part time as coast fire. Would love to hear of others who have done this or have had great experiences doing this type of work.

For those that retired on their early 50s what was the experience like. How much net worth did you have, what was your monthly spending rate? Do you have any regrets or wished you waited longer until more traditional retirement age?

Thank you all for your insights as always! Congratulations on your achievement!!

Hi everyone 53 years, 22 years in finance, was thinking an interesting coast fire could be getting a masters in counselling and seeing clients part time as coast fire. Would love to hear of others who have done this or have had great experiences doing this type of work.

Hi Everyone for those that reached 5-6m in invested assets. Did you decide to retire or keep working and how hard was it motivating yourself to go to work everyday and deal with the usual corporate struggles? Thank you for all of your valuable insights as always !!

Hi Everyone, reading a lot of posts about a potential Ai bubble and factoring that into 4% withdrawls. Have you been making any adjustments to the size of your invested assets based on this potential downside in the markets that may or may not show up.

Hi Everyone would love to know how things turned out for those that retired with 5 million - 6 million. Did you ever feel financially squeezed? How long have you been retired for? There are a lot of posts out there concerned there portfolios will be reduced materially from an ai bubble- have these fears conceded you. Since you have retired has your portfolio grown? Thanks again for all of the great insights as always.

Hi Everyone, looking at the incomes that people need to have a comfortable life and they very much align with the the monthly spend of those looking to retire early. It seems that high income earners generally reference $10-$15k in monthly spend which then solutions with what they will need in retirement. I am not sure if this is the result of people aggressively saving an therefore controlling the monthly spend or if this is truly what spending ends up being for most and that spend somewhat plateaus especially once mortgages etc become more manageable. Interesting as it would imply that super high incomes aren’t really needed if one wanted to working until 65 to have a comfortable life. Was curious how others felt about this monthly spend observation.

Hi everyone!! Just curious for those in their 40s and 50s how the experience has been if you live downtown what has the experience been like. Do you feel older than the majority of the folks out and about or still lots of fun? Would love to get your perspectives!!!

Hi Everyone!! A question for you. I was fortunate to get in at attractive pricing for dividend bank stocks and enbridge. Since the time I purchased we have seen massive appreciation in the share prices which have far outpaced the dividend growth. I was wondering what a reasonable growth assumption would be going forward 5-6% in dividend growth. It is also interesting bc at the current prices and where the yield is today the withdrawl rate looks very small relative to the dividends on the cost basis (yield on cost). Hard to unlock that underlying appreciation unless folks have thoughts there too. Thank you so much in advance for your expertise!!

Hi Everyone. Curiously for those that retire between 50-55 how are things going and did you have any regrets? For those high income earners did you wish you had saved a few more years of pay before making the call.

Hi Everyone,

Took a role a year ago and not entirely happy, thinking this is the opportunity to retire at the age of 53. I was curious as to if there is an ideal retirement and net worth that people are targeting. Of course having something to retire to is important and I am sure I will find fulfilment in having some time off to volunteer, discover new hobbies and mentor junior professionals in finance.

Thank you to everyone for your always great insights!

Hi everyone! I wanted to reach out for everyone’s wisdom! 53 with $6 million in a combination of non registered account, rsp and tfsa. A lot of Canadian bank stocks and enbridge (approx 3mm)that generate 100k in dividends. Additionally there is a big position that grew into 1.4mm (invested in 2010). Will look to trim 10% a year spend 40k of it and invest the rest net of cap gains into sp500. House is paid off at 1.5mm and not included in the $6mm. I would like to spend 200k a year and wouldn’t sell the bank stocks and that is the goose that lays the golden dividends.

Would I have a great “early” retirement with a good lifestyle? Broadly the media and wealth articles reference this level of saving as an outlier and very strong and extremely rare. When I read forums here it seems that it’s not that much and will be a risky venture?

I would love to get your perspective as there are so many varying messages. Also would love to know if people here would continue working at 500-700k a year at this age with this level of savings at a reasonably stressful job.

Thank you in advance for all of your sage advice and insights!!