- Build a "new life" budget. Figure out exactly what we need to make, which areas we can cut, etc. There are some obvious changes (taxes will decrease, childcare will go down, I will get rid of the cleaning lady, etc) to take into account.
- Figure out how much it will cost to enroll me, plus the kids on M's insurance plan. I should be able to figure this out quickly, as we work for the same company.
- Figure out an exit date that allows me to capture a final quarterly stock vest (6/25). Maybe a combination of vacation days & working an extra week after the boys are done with school.
- Build a summer budget & plans to ensure we have enough "flex".
- Live off of our "new life" budget as much as possible, as early as possible. Obviously, we won't be able to cut down childcare until I stop working, but we may switch to a bimonthly cleaning, etc, to try & save more & prepare ourselves.
- Get a grasp on how much we will owe in taxes in 2015, as taxes due will make a major dent in my current savings.
- Determine how much "flex" money I need in our savings in order for the "40 week project" to be a go. Actively track over the next 10 months.
- Evaluate whether I can max out my 401K in 2016 with my bonus before I quit. . . this one will be totally dependent upon the new budget numbers.
- Look for areas of our existing budget to cut back asap, so we can start building up a nice cushion.
I think that will be enough. ;-) I'm super, super excited. Any other tips to share? :-)