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Reply to "Do you see any flaw in this very early retirement calculation "
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[quote=Anonymous][quote=Anonymous]Who has the health concerns, you, wife, or both? Are they at the level that you might not live that long, in which case you might want to take Social Security at 62 even though it's less? Or that you'll want to take Social Security disability (in which case the person with the health condition should try and work enough to stay insured--then they can also get benefits for the child until age 18 and Medicare after a 2-year wait)? Why exactly do you want to retire? Would working part-time (especially somewhere that gives health insurance to PT workers) fit in to your plans? That would give you a lot of wiggle room. Or are you willing to move to a place with much lower cost of living than DC?[/quote] This. This is a very balanced response. Understandably even with some chronic and tough health issues you may not qualify for disability (our scenario). If you can retire from full time here and take up some thing part-time with benefits in a cheaper place, you will do much better. And yes, don’t assume more than 6% average returns.[/quote]
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