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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][b]Late 50's, $8.5m total, including about $2m in home equity (2 houses). Aim is to get to $10m before retirement, which if the market keeps up will be within 4-5 years between additional savings, paying off the last bit of mortgage, and market growth. DH will also get a moderate pension from the Fed Govt. [/b][/quote]

I'm the earlier poster in my late 50s who retired a half dozen years ago and now has a net worth of $7.3 million -- not quite what you have but in the ballpark.  Interesting enough, we also have two houses with close to $2 million in equity between them and have elected to keep the mortgage on one.  Out of curiosity, why are you waiting?  Why do you feel the need to "get to $10m before retirement," especially if you're thinking it'll take another 4-5 years?  By then you'll be in your 60s and will have wasted another 4-5 years when you have to have plenty of money already.  Time is more precious than anything else at this point.  What expenses do you have not including your mortgage makes you conclude that you need $10 million?  We are leaving like kings and queens on less than what you already have . . .    [/quote]

Not the poster you’re responding to but here’s my answer:  there is a lot of satisfaction in work and while I don’t want to continue working deep into my 60s, I do worry that I’d get bored/restless if I stopped in my 50s.  It’s a delicate balancing— who knows if I’ll get it right.[/quote]

Agreed, this from another poster. Through our lives we've traveled and done a lot. The idea of not working at this point feels like stopping feeling vibrant too soon. But both DH and I love our work. And other than my parents, no one in our family is retired. All of our friends still work. Once everyone else is retiring we might reconsider. [/quote]

Again, I get your situation -- you love your work, so you keep doing it.  That's different from the vibe I got from the $10 mil poster.  But, even in your case, why do you thinking working is the only thing that makes you "feel[] vibrant?"  I feel vibrant NOT working and being beholden to no one.  Just as you feel that you need to work to feel vibrant, I think that it's sad to define yourself by your work.[/quote]

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