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[quote=Anonymous]I retired from Biglaw a little over a decade ago at 53 with a net worth of about $4 million. Net worth is now $8 million plus — $5.5 million in retirement accounts, $1.2 million in brokerage and checking and the rest in equity in our primary and second homes. We bring in about $75k a year in SS and rent on our English basement apartment. My law firm has covered our medical insurance since I retired but I pay the full premium. Once I hit 65 I will switch to Medicare and so will spouse (who never worked outside the home). Kids fully launched long ago and college long paid for. Monthly budget of $20k is proving to be plenty and financial advisor calculates “likelihood of success” at this spend rate at 99 percent with a large nest egg leftover for the kids. Have never been bored even when doing nothing. Absolutely love being retired despite the large opportunity cost that I paid and have never looked back. It’s awesome. [/quote]
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