u/skyway_walker_612

Wife and I are mid 40s with 2yo daughter.

We have a paid off small 1917 house in a really walkable area in an upper midwest city (1000sf plus an ADU with kitchen and bath plus a finished cape cod attic that is kind of our living room). I don't see us ever needing to move, and our financial situation looks like:

- $500k IRAs

- $100k emergency fund, we plan to replace our 2011 car with a another used one for cash in a few years and and are saving towards that.

-$15k 529 plus $44k education trust for our daughter (we funded the $15k, grandparents funded the $44k).

Plus the paid off house which allows us to have a household annual budget of about $40k to $50k.

Is it reasonable to think we can hinge our plans on never moving and thus that allows us to CoastFIRE on jobs we enjoy (non-cubicle jobs) and also spend more time with our daughter?

A lot of my family doesn't really understand what we are doing but I know they have high debt levels.

I do put money into the house - typically the $2500 property tax refund I get from the state every year goes into a home improvement or repair project.

At the end of the day, whenever I delve deep into libertarian ideologues I end up in an anthropocentric dead end, thinking that ultimately this is just "cult of man"...a faith-based assumption that human's wants and needs reign supreme. For all the "logic" and "rationality" that libertarians claim, the the ideology is still centered on the the faith that man's needs and even best outcomes supercede those of nature.

For example I have a daughter. I love my daughter, but it wouldn't be a full and accurate and completely honest accounting to think her needs supercede that of nature full stop.

And fine, if it's just matter of "we believe mankind has dominion" than it needs to be stated as such...an expression of faith, not fact.

I (46M) am leaving a $110k/year accounting job due to burnout and I am going to be a SAHD for the next 18 months until our daughter is in preschool. At the same time, my wife is tired of being a SAHM and has secured a $75k a year job as an accountant. I have a part-time accounting gig for a local youth sports team that pays me about $30k a year and requires 10-15 hours a week. I also making money driving buses from time to time.

Our assets:

• We paid off our house a couple months ago.
• We have a $105k money market emergency fund
• $495k in IRAs
• $25k in 529

We have no debts.

Our annual expenses are about $30k necessary, $6k in scalable childcare, and $25k in discretionary (retirement, 529 contributions, charities)

The leaving my job part is really bothering me. I don't like this job and my wife wants me to do this but I feel like less of a man, less of a provider, and maybe economically not smart. At the same time, I work to live and so maybe I have bought myself some time. Additionally, I never saw myself staying in this field forever and want to try new things.

Any thoughts/advise?

Our household is me 47M, wife 45F and our 2 year old daughter. We recently paid off our house, which is a small 1917 city house with a built in separated basement apartment unit. Baseline minimum household annual budget is $37k but we generally spend about $55k including retirement savings, college savings, and a budget for camping trips in the Midwest.

We have $490k in IRAs and $103k emergency fund, $15k in a 529, and the only debt is a $1,500 zero interest loan for energy efficiency upgrades in our house that is set to pay off in April 27.

I am leaving my full time job to be a stay at home dad for about 18 months to 2 years, but my wife is taking a full time accounting job. I hold down a couple part time jobs (bus driving and I have some clients as a CPA and also piano teaching).

However we plan to eventually cobble together income outside of the full time jobs but we can't figure out the healthcare piece...we want to be past the concept of being tethered to jobs just for healthcare.

There is MNSure in our state but I am wondering for folks that pay for their own healthcare, is it feasible?

My wife and I (both 46) are accountants and we have $450k in retirement accounts, $80k in a CD at the bank, and a paid off house and no debt. Also I have about $25k in a 529 for my 2 year old daughter.

We decided to coast...so we can spend more time with my daughter. I've run the numbers backwards and forward. We are not stopping our in income...just changing it....I picked up a part-time gig as a finance director for a local youth soccer organization that pays $30k a year and I have other things as well including driving school bus. My wife is getting a ~$50k a year job. We need about $55k net to run the household and I think between all of these things we can do it.

Still it seems leaving a high paying (but stressful) job in accounting when so many people are looking for work - it feels a bit irresponsible. Also we have a nice life but not a flashy one. People may ask questions.

How do you deal with this type of stuff?

My wife has lots of friends who have esteemed degrees and jobs: and MD, a PHD nutritionist, a veterinarian, a PHD in math working in commodities.

All I have is a CPA, an undergrad in piano performance and a checkbox MBA from a no-name school that my employer paid for. After I saved a bunch of money and paid for our house I transitioned to a bus driving career and doing accounting for clients on the side.

I catch myself comparing and asking 'why didn't I study a hard science?", "why didn't I go to medical school" etc.

Will my daughter respect me when she grows up? We don't have fancy things.