Thank you! The divorce was all for the best and I have a partner again, life is very good.Congratulations! You're more than ready to go -- especially since it's only one of you. (Sorry about the divorce.)Well now that this thread is back, the portfolio is up to $5.3M and I’ve decided to keep my super low interest rate mortgage. Paid down to $433,000 which shows how fast a 15 year goes down. I’m ready at 12/31. I’ll get a nice retirement party, but biglaw is not something I’d recommend to young people these days.If your portfolio is only for you I'd say you're almost there . . .Great story and I'm pretty jealous. I'm almost 60 and a Biglaw partner, though due to a bunch of twists and turns (I made an unusual practice change about a decade ago, and I also have left Biglaw partnerships twice and come back) I'm "just" a nonequity partner. And I went through a recent divorce - I'd leave today, but my assets were cut in half. About $3.5M in cash/securities, mostly in tax-deferred, and an $800K house on which I owe $550K. My future comp upside is minimal but I can keep the $600K-ish income until retirement even if I insist on work-life balance, which I'm now doing. Goals are to mostly pay off the mortgage and get the investments balance up. I've already been asked would I keep doing at least some of it after official retirement - probably not, but if the world crashes it's a backup plan.
And congrats on your successful retirement. Staying about the same over a multi year period with your level of assets and spending sounds like a pretty sweet place to be to me.
Statistics: Posted by chazas — Mon Aug 19, 2024 6:20 am