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Reply to "How much would you want to retire at 50?"
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[quote=Anonymous]We have 1.5 million in retirement funds, $500k in the market, one kid kn college the other starts next year, and we have enough in 529s to cover both. House paid off, worth, conservatively, 1 million. We have an 7 year age difference, 52 and 59 and don't think we will have enough when the main breadwinner, who is older, hits 65, because that is still 7 years of health care coverage for the other. We have to wait until the younger spouse is 65, or for the govt to lower the age for medicare or for the govt to fix Obamacare so that it isn't so many thousands per month plus a high deductible. If we had 5-6 million, we'd feel more comfortable retiring when youngest graduates college and older spouse is 64[/quote]
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