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Reply to "At what age will you retire and with how much?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Will retire at my MRA at 56.5 later this year. Combined w/ spouse’s Fed TSP $2.5 mil. Pension - 50K per year. Plus $300K in savings and social security. Owe about 350k on house - that’s the only debt. [/quote] And do what? [/quote] We're retired at mid 50s last year. I can't comprehend questions like this from people who don't have the imagination to think up of hobbies they rather do than work. Didn't you ever want to learn a language, a musical instrument, martial art, spend more time to travel and visit old friends, etc...but never had the time because of work, kids, elderly parents and various responsibilities as an adult? Creativity is intelligence having fun...and when you own your time you can be as creative as you want, and mid day naps after meeting up with friends for lunch are great too.[/quote] Ha ha ha. I retired at 53 almost 8 years ago. I do nothing now, and it’s great. I’m also healthier. Anybody who thinks they need to work is crazy.[/quote] +1 I have bad sciatic issues from sitting too much working. I always say working (sitting) is bad for your health. There was about 18months when I didn't work, and I was in the best shape of my life. I hardly sat. I was constantly doing stuff around the house, eating better, and had time to exercise and also relax. I'm hoping to retire in 3 years when I'm 56. I have private insurance now, so we'll keep that. I hope to have about $2.8mil by the time we retire. Colleges all paid for. I can't wait.[/quote]
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