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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We’re in our early sixties and have been retired for nearly a decade.  When we retired our net worth was about 4.0 million.  Now it’s $7.5 million thanks to the market, real estate appreciation and our spending habits.

After all this time we finally sat down with a financial advisor.  She ran the numbers and told us we have a 99+ chance of a successful retirement into our 90s with a shit ton of money left over.  Also advised that we take social now rather than wait and that we don’t look into long term care insurance because we don’t need it.

It was a very reassuring meeting even if it did confirm everything that I already knew/thought.  [/quote]

Wow so this really does happen in practice. I posted earlier in this thread that I am retiring in 15 months. I am 64.  I didn't post net worth, but it's $12 million, and our financial advisor also told us we have plenty of money and will leave more than we started with if we keep our current spending habits. One complication is I still have a kid in high school (private), but that shouldn't e a problem for the next two years and her college tuition is already funded in the 529. I could actually retire this year, but they asked me to stay one more year. The money I would leave behind by retiring today is about $1.5 million, so I think I can handle another year.[/quote]

PP, this is similar to us. Age 56, HHI $500k, and one HS kid still at home with a fat 529 account waiting to be used. We're at $11M investable assets, another $3M in real estate. Waiting to retire after we send the baby to college. Anticipating a $300k annual spend and being able to leave a large amount to kids down the road. [/quote]

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