Reply to I said we can’t retire yet. Am I wrong?

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[quote=Anonymous][quote=Anonymous]How on earth do you spend $18k a month?  I’d think with that kind of spending you absolutely can’t retire with $5 million saved.  I could but my spending is probably 1/3 of yours.  So you need to keep working.[/quote]

Op here.  I know $18k a month is a lot.  Our “base” spending in a month is probably closer to $11k with the mortgage payment, but we like to travel and spend a lot on that, so that is averaged into the 18k a month along with other less frequent but higher cost items like home maintenance. Fortunately, we are past daycare years and starting to ramp down on aftercare/summer camp needs, too. I don’t scrimp when it comes to fixing up the house or other “nice to have’s.” I know we don’t need these things, but we have had good salaries the past couple of decades and we definitely got used to that.  The 529s are set for undergrad.

I think with my ramped down job and DH at his job a few more years, and without a stock market tank (fingers crossed), DH could retire in three years. With my ramped down job right now, I should be able to take some of the daily stress out of our lives just by being able to handle more around the house and being there for the kids and their activities. I am not trying to keep us on the hamster wheel forever.  [/quote]

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