Reply to High NW People - tell me about your retirement

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[quote=Anonymous]Two things we did in preparation for retirement:
1) Dream a bit. How & where would you want to spend your time if money were no object?
2) Map our scenarios. Create a spreadsheet to map out costs to live under each scenario, so you can evaluate the opportunity costs better. You can't know everything, but it will give you a good guesstimate.

DH & I both retired at 44. Moved overseas to a place neither of us had any prior connection to with. We wanted an adventure and we hoped to broaden our then-10yo's world view. COL was much lower in our new place, which made it easy to continue saving aggressively while living with very little constraint.

We're now 55 with a NW of just under 10m, dual nationals, learned a new language and have formed deep connections with our new community. We return to DC ~3x/y to care for parents and visit friends. DD is at uni in a country nearby, and education costs are a tiny fraction of what we'd initially saved for in her 529. She'll have plenty if she wants to do a masters in the US, but doesn't seem interested in that yet.

I organize a lot of community events, centered around the sports I love (tennis/padel) & volunteer with LGBT groups in our city in honor of our daughter. The rest of my time is spent doing ceramics and meeting up with friends. DH writes articles, goes to the gym and hangs out with friends. We go on dates. We explore quieter places in our adoptive country, as well as visits to new places every now and then.

It didn't come overnight, but each step was an adventure that we, as a family, were all on board for. Life is currently low stress and quite honestly, (touching wood) ... happy.[/quote]

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