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[quote=Anonymous][quote=Anonymous]

I’ve really enjoyed reading this thread, though I’m very sorry to hear about your spouse’s medical issues. Like you and many PPs here, we are in a very good financial situation (in our early 50s) and not sure exactly how long to keep working and what we want to do once we stop. We have $6 million in retirement/brokerage accounts, a fully paid off house, and fully funded 529s for our kids, two of whom are already in college.  And yet we still feel anxious about money. I’m a Fed and can retire at 58, but my DH was shocked recently when I said I might like to do that as opposed to waiting until after 62 when you get a bump in the multiplier used for calculating the pension amount.  I don’t feel any need for a higher purpose though. I love my boring life working at a job I enjoy, reading a lot, and spending time with family and fiends.

We have friends and neighbors who actually are outlandishly rich (hundreds of millions) and do outlandish things like buy private planes and race cars and invest in sports teams. Those toys and luxuries do bring them joy, but I wouldn’t have any interest in that. Our favorite of our richest friends’ luxuries is the incredible backyard kitchen/pool/sport court they built and share generously with all their friends. I think that’s the direction we’ll go—while still working we’ll invest in places and travel that our kids and friends can enjoy with us. [/quote]

Thank you for posting. We had plans to take a family friend along for one of the trips that got cancelled. It’s definitely about experiencing life rather than buying stuff.  As a Fed, you will have good retirement benefits.  Not so for me. Targeting age 55 to retire sounds about right to me. I’m up for a promotion at work and I’d love to retire having achieved a 2 as the first number in a six figure salary. My first salary was $27,000 so it would be meaningful.

Good luck to you![/quote]

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