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Reply to "Would you retire with a NW of $10m?"
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[quote=Anonymous]It's a math problem. What are your current annual expenses, and projected annual expenses in retirement? Do your liquid investments exceed 25X your projected annual expenses (taking into account your pension)? Are your 529 savings on track or accounted for in your annual future spending If so, congrats you can retire! Also, how much of a one-way door is retirement for you based on your skillset? I know lots of people who have both "retired", had one person in the couple retire, or taken sabbatical years, and then decided they actually wanted something else and went back to some type of paid role (usually consulting or board work) and it was fine. It gets harder as you get older though. [/quote]
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