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Reply to "Has anyone here retired early on a lean budget (or plan to)?"
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[quote=Anonymous][quote=Anonymous]I am 50 and have 2 million in 401k, 200k Roth and 300k in non-retirement accounts. DH is 58 and has similar assets, so about 5m total. Paid off home. 250k in 529 for 2 kids 14 and 19. No family money and no pension. I am thinking of quiting every day while DH wants to wait till younger DS graduate HS.[/quote] We have similar stats but we are a bit younger and our kids are a lot younger. (Had them late in life.) DH is fed, will have a pension, and wants to retire as soon as he is eligible in a couple of years. I am the main breadwinner and want to wait until the youngest graduates high school. My two reasons are: (1) being risk averse and (2) I want to instill good work ethic in my children and have them see us as being productive members of the society. [/quote]
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