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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I am unexpectedly retiring in a couple of weeks (thanks DOGE!). Husband (57) also RIF'd, but not eligible for retirement. I was initially VERY worried about our financial future, so hired a financial advisor. He really put my mind at ease that we are fine to actually retire. Our NW is ~2.5M, not including ~850K equity in our home and 529 accounts with more than enough to cover the rest of college for our three kids.

The hard thing is wrapping my head around 1) not saving anymore; and 2) not working. I am going to try it out, but my husband decided to take another job. We'll see how the next year plays out and probably re-evaluate.[/quote]

You might be able to save if you look at it differently. If your net worth is $2.5m and you take out 4% a year your net worth could continue to grow assuming markets grow 6-7%. Yes, that's just an assumption! That 2-3% difference can be viewed as savings. I'm sure people would argue that its not technically savings but my net worth is growing a lot every year and that keeps me sane. I'm not spending what my portfolio is earning so that's a type of savings. [/quote]
This would largely depend on what the PP's expenses are.   I'm sure you are aware that there are down market years.   You'd have to take that into account. I would be hesitant to take any money out of the market during the down years, so you need some fixed income to dip into during such a time.

You could save some money in a MMA, for example, that you could dip into when the market goes down.  Plus only the gain is taxable.[/quote]

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