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Reply to "Should I stop daydreaming about retiring at 55?"
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[quote=Anonymous] I think you can do it. But you need to do 2 things: -Increase college savings. We have been savings $8k a year for our kid since she was 1 and we will not have enough (she is now going into 10th) for private. I would say 12K a year if you want it fully funded. -Start saving in a brokerage and/or a HYSA too. You need 4-5 years of cash you can draw on between 55-59.5 to supplement your pension before you can get to your retirement vehicles.[/quote]
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