Revise retirement number/age?

[Anonymous]

We have $3 million in cash and a $1.2 million paid off house. One of us working a PT hobby job, one fully retired, health insurance covered by retirees previous job and pension of $3k per month.

Don't be scared by the crazy numbers people lie about here. We are doing great, travel, visit the kids (recent college grads, by no means settled) and are living our best lives.

[Anonymous]

I don't have a pension or access to health care so will have to keep toiling though if I make it to 59 1/2 I will worry less about being laid off and unable to find another job because I should have enough savings to carry me to Medicare age. It's these next four and a half years that are the scariest.

[Anonymous]

Anonymous wrote:We have $3 million in cash and a $1.2 million paid off house. One of us working a PT hobby job, one fully retired, health insurance covered by retirees previous job and pension of $3k per month.

Don't be scared by the crazy numbers people lie about here. We are doing great, travel, visit the kids (recent college grads, by no means settled) and are living our best lives.

You have 3 million in cash 🤯

[Anonymous]

I can retire when we sell our stupid house with a giant mortgage that feels like a noose around my neck. We could pay cash for a perfectly adequate townhome with the equity.

[Anonymous]

Anonymous wrote:

Anonymous wrote:We have $3 million in cash and a $1.2 million paid off house. One of us working a PT hobby job, one fully retired, health insurance covered by retirees previous job and pension of $3k per month.

Don't be scared by the crazy numbers people lie about here. We are doing great, travel, visit the kids (recent college grads, by no means settled) and are living our best lives.

You have 3 million in cash 🤯

Plus, the $36/yr pension is equivalent to another $900,000 (at a 4% withdrawal rate). And paid for health insurance. And no indication of age.

The PP is an idiot.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I would not want to retire early as that is sad in a way. If you love your job and it makes you happy there is no rush.

It’s sad to have nothing better to do than your job

I have a job I enjoy. I really get to work with some really smart people. With this BS hybrid work I only have to go to office two days a week. On wfh days I have no boss who bothers me, I just check up on staff periodically.

This is a semi retirement job for me. I could easily do it till 70.

If you have right job retiring before 67 is sad. I can travel, do stuff. I am pretty sure my 5 days a week hime to go in my pool and sleep in is plenty.

In retirement I be on a few boards anyhow if I could to keep mind sharp.

I think it is better to enjoy your job. And I am semi retired working full time. My prior job I got paid a ton of money was a pressure cooking back stabbing place. I got laid off that at 58. Took a job with pay cut that is relaxing and enjoyable.

When I was young I worked a cushy non profit, out C level team all left demanding jobs or laid off demanding jobs with pay cut and rode of 58-65 in a stress free job, going to lunch friends, showing up at 10 am and headed out at 430 pm, going ballgames, conferences and was good transition for wives. Not going from husband gone 12 hours a day to home all the time.

My wife claims magic number is 10 million and we have 7 million, so I guess three million to retirement.

Are you the two job guy? This post has an interesting style.