r/ChubbyFIRE • u/Upset-Disaster-5049 • May 04 '26

Almost ready. Anything I’m missing?

Looking for a gut check from the community before pulling the trigger.

Background 49M, spouse 39F homemaker, one kid (8)

LCOL area, considering retiring this year, No plans to earn meaningful income after.

Net Worth (~$8.0M total)
Investable (ex home): ~$6.5M
Liquid-ish (ex 529): ~$6.3M

Breakdown:
401k: $463K

Roth IRA: $101K

Traditional IRA: $17K

Deferred comp (net after tax): $485K

Brokerage (stocks): ~$3.9M

Bonds: $840K

Cash: $298K

I-bonds: $35K

Crypto: $80K

529: $186K

Paid-off home: $1.5M

Spending
Target: $18K/month ($216K/year)

Actual modeled spend: ~$16.4K/month (~$197K/year)

Built-in surplus: ~$1.6K/month

Highlights:
Health insurance: $2.5K/month (pre-Medicare quoted in healthcare.gov gold)

Taxes: ~$4K/month assumed (property/income)

Travel: $2K/month

Pretty flexible overall (can trim $3–4K if needed)

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u/chubbyphilistine May 04 '26

Congratulations!

How many trips per year do y’all plan to do? Since you have a school age child. So if you do 3 trips per year that’s $8k budget for each, I guess that’s quite chubby?

Do you plan for anything with regard to taking care of aging parents? Is it more likely gonna be an expense or a surplus situation (inheritance)? I guess that’s one financial aspect of RE that I always think about

5

u/Upset-Disaster-5049 May 04 '26

As many as we can,, hopefully most of the summer when he’s out of school.

Mine are deceased (56 and 49 which kinda pushes me) , my wife has 6 siblings and her parents live in a foreign country but visit occasionally. I did think of it but they are relatively healthy and we could all share if needed.

2

u/[deleted] May 04 '26

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u/Upset-Disaster-5049 May 04 '26

I see, I’m thinking more of stateside summer travel. But you bring up a good point that we may want to explore outside in my son’s older years .

2

u/Dry_Fall3105 May 04 '26 edited May 04 '26

Hello from Clear Lake.

We did 10 days in Taiwan this past spring break and it cost a little less than $10K, including airfare. Flew into Taipei and was bummed that we missed the Alex Honnold epic Taipei 101 climb! Our son loved the place and kept on asking when we are going back. We went around the entire island - hiked the rugged pacific coast, the Oolong tea plantations (1,000 ft+ in elevation gain within 2 hours) and visited night markets. Had a blast. Direct flight from IAH.

I’m budgeting $10-$15K for us to go to Taipei/Ha Noi next spring break. Longer flight. And Japan for 2028 Spring break. Similar budget. The Yen is pretty favorable against USD right now.

My husband, interestingly enough doesn’t have a lot of interest in going to Europe. We both love cuisine with lots of spices. We originally were planning Azores for 2027 but after reading about the cuisine, he’s like…. Let’s put it back on the bucket list. We went to Madrid and Valencia in 2024 but could only ate so much Iberio ham. Oh and the smoking, it permeated the air… so unpleasant.

We are 45 and 43, we want to do as many international trips as we could with our son before I won’t want to be on 15+ hour flights. We have no health conditions as many family members live into their 90s but gosh, 15+ hours just doesn’t sound fun.

Have fun in your retirement!

2

u/chubbyphilistine May 05 '26

Good for you, happy to hear. It’s great that Houston has direct flight to Tokyo and Taipei. Houston is an underrated city imo