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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]I'm a Federal employee, age 46. I'm making $180K a year. Single, no kids. $1.5M in retirement, $400K in investments, $150K cash. I own my condo outright, but it's still costs me a minimum of $1,100 per month for condo fees, taxes, and insurance. If you budget for inside maintenance/repairs, that could be $1,600 per month. I could quit my job today and receive a pension of $3,200 per month at age 60. The only reason I keep working is to have good health insurance. I would rather not spend the next two decades on Obamacare. [/quote]
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