Reply to Should I stop daydreaming about retiring at 55?

Forum Index » Money and Finances

Reply to "Should I stop daydreaming about retiring at 55?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]I am 55 with a spouse a few years older.  My plan was to leave at 55 with my corporate pension and healthcare.  I turned 55 late last year and I am still working.

We have $2.8M in retirement and $1.7M in brokerage accounts.  House is worth $900K.  Plenty of cash in the emergency fund and in CD’s.  Our combined SS will be $80K.  Another $80 in pension if I left today.

Kids have graduated college and doing their thing.  If I asked the Bogleheads they would tell me I am good to leave now.  DCUM would tell me I am nuts to retire with anything less than $10M.

I guess I am waiting for some sort of “sign” or maybe a package.  Seriously though, I would give some thought towards what you would do with your time.  I think that is what is holding me up.[/quote]

I wouldn't tell you're nuts, you have 160k in sure income and healthcare! Maybe start doing some "pretirement" -- that is, stop saving, and spend on the kinds of things you think you might like to do in retirement in your spare time and see how fulfilling they are to you.  See if you can get a month sabbatical with no pay and try a more intensive version.  [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics