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Reply to "If you were to lose your job at age 55+, would you retire/dial back or look for another full-time position?"
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[quote=Anonymous][quote=Anonymous]I wouldn’t be able to retire because I’ve got 2 HS kids who are heading to college but that doesn’t seem to be of too much concern for most people on this board. Is that because college is “fully funded” or you assume you’ll get aid? [/quote] No, not fully funded. I was done having kids at 32 and will be done putting them through college by 54. I will be spending the next few years mostly cash flowing their college since ex husband and I financially struggled in the early years and weren’t able to save much for their college. Now I make much more money. I know DCUM likes to have their first kid at 40 after checking all the boxes for being financially “ready” but I am glad I had my kids young, and will be able to retire in mid 50s if I need to with paid off house and cash reserves. And definitely plan to be done by 60 and be able to help with grandkids. [/quote]
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