Reply to How much to retire in late 50's?

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[quote=Anonymous]We are in our late 50's.  Got caught in the recession with two kids in college when the stock market tanked, or we might be better positioned by now.

Current annual spending is about $90,000 - 100,000 (the rest of the net is saved/invested).  
We could cut travel and eating out, but I understand those things increase in early retirement.
No debt and a modest home. 
No defined benefit pension/contribute the max including catch-up to 401K and IRAs.
Health insurance through employer: currently pay $0 in health insurance premiums with a high deductible policy and ability to fund HSA in pre-tax dollars.
Retirement savings (401K/IRAs): ~$3,000,000
Taxable brokerage accounts: ~ $175,000 (all stock)
Cash: ~$675,000
Total: $3,850,000

Notes: *Cash is high partly because we're afraid of a recession starting as we go into retirement.  I've been chasing rising CD/IMM rates. 
           *HHI ~250K on one income, but DH would like to retire now.  I've been out of the job market too long to get back in the game at this point. 
           *Health insurance is a big concern. Checking the exchanges, it seems it would cost $30000-$40,000 per year for two of us [i]this year.[/i] And the costs are out of control from year to year.  
           * We own no rentals and DH has heard enough from colleagues and relatives to be discouraged from acquiring one.
           * No annuitiies as yet.  I've heard variable ones have high commission fees and the fixed ones I have seen have next to nothing in cash flow because of the interest rates built into the products. 
           *LLC options are also a source of stress. To buy or not buy?  Financial planner has mentioned single premium life insurance policies and QLACs as alternative to traditional policies.  
            *Financial planner suggests that the best "plan" is for DH to keep working a few more years.  Duh! 
            *Once we add in health care (especially pre-Medicare), it looks like she might be correct (140,000 /.03= $4,666,667) or not (140,000/.04 = $3,500,000)

How much do we really need, given our spending habits, to be sure we don't outlive our money?  (We're expecting to live into our 80's but planning for mid-90's to be safe)

How do you get comfortable with the financial planner types who benefit whenever you add or move money?  I feel like my naivete/conservatism/distrust are paralyzing our finances.

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