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Reply to "When will you retire? What age, number?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]55 and 58 - hopefully we have at least 3 million and a fully funded 529 for two kids who would just be starting college. Life is too short to sit at my 9-5 until I’m in my 60s, would happily downsize for the pleasure to retire early. [/quote] You got the right idea. We’re in similar boat, about two years away from retirement. Trying to get things ready and trying to learn about medical coverage. [/quote] +1. Shooting for 3.5M and paid off house + additional 529's for 2 kids in college. Will be 51-52. Biggest concern is healthcare, we won't have any employer based benefits (or pensions). But I agree. Life is too short and I've seen too many family members waste the good years of late middle age trying to make more money that they never get to enjoy.[/quote] 3.5M with 4% withdraw rate is 140K/yr. Healthcare will go about 18K/yr for both of you. I would retire NOW. Time is something you will not be able to get back.[/quote]
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