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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]Include home equity amount in the total but indicate it in parentheses.[/quote] Retiring at age 54 this year. DH will be 61. (House entirely paid off & worth $700K.) No debt. Kids all through college, that we covered. $3 million in retirement savings, $300,000 cash, and no pension (business owners). [/quote] Congratulations! What are you guys doing for health insurance?[/quote] We'll be paying out of pocket. We have sufficient resources and low bills, and DH will start taking social security at 62 in one year. Health insurance for us will be about $2,000/month, and his social security will be around $2,500/month at age 62. I'll wait to take my own social security, which is also projected to be ~$2,500/month at the age of 62.[/quote]
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