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Reply to "Revise retirement number/age?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I would not want to retire early as that is sad in a way. If you love your job and it makes you happy there is no rush. [/quote] It’s sad to have nothing better to do than your job [/quote] DP. I love my job! Brings me happiness and fulfillment and I feel excited to go to work most days. I would most definitely be sad if I didn't have that in my life at this point or any time soon. Lots of other great things in my life, too - family, hobbies, travel - but work is one of the biggest contributors to happiness. Sorry you can't envision such a thing. :( 48 now and always planned to work until full retirement age of 67. Current bull market not impacting my plans, although I do update my financial plan every year and the projections keep getting higher thanks to great markets and my ability to save more than planned. About $4M saved now; hope to have $20M+ by retirement.[/quote] DP - I am jealous. If I loved my well-paid job, I'd stay in it too. Sadly, I don't - I range from mild dislike to active loathing. So I'm looking to retire as soon as I can. We have a NW of about $5m, with about $4m invested, mostly in tax deferred, and earmarked for retirement. It's enough that we can rely on growth to get us to a good retirement number, but not (in my view) to start drawing on now at ages 53 and 56. I can absolutely see me taking a much lower paid job and treading water for the next 10 years or so until retirement. [/quote]
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