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Reply to "At what age will you retire and with how much?"
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[quote=Anonymous]Trying to figure it out now... DH would like to retire in a year or two (he's 60) and I'm thinking about it as well (59). We are going to get a fin'l advisor to assist us in determining how to decide this- We have one still in college (will cost another $80K) About $1M in home equity About $5M in investments No pension and health will be on us If we retire now it will cost about $34K/yr for Cobra then we'll have to buy private insurance We spend a fair amount on travel and if we do retire want to do a lot of traveling over the next 10 years which will cost us a lot but then will settle down and cut back when we hit 70.[/quote]
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