Reply to At what age will you retire and with how much?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m 47 and have seven million and am starting to think that might be my answer. Tempted to quit.

No kids so no college expenses, but also no safety net when I’m old.[/quote]
I would look into a 55+ community when you are much older where you can have a support group around you.

If I were you, I'd go PT. Maybe consulting when you feel like it. And travel.[/quote]

Everybody will need a 55+ community and support group for when they get older.

I am older and kids are not that helpful. [/quote]
:(  that's depressing.[/quote]

Actually it's not. The over 55 community is amazing and people are very active and supportive. And your not holding your kids back.[/quote]

I have zero interest in one of those places.  My grandparents lived in one - no way.  
  [/quote]
DP.. are you assuming that your kids will live near you to help you in your old age?

Both my parent's and ILs are 85+, and they need help. Luckily, one of their children live near them, but my IL did have to move to be near one of their kids.

It's hard to imagine how immobile we could be in our old age, but it does happen more frequently than we realize.  I also realize that I will need to live in a very warm climate when I'm 75+ because at a certain age, apparently even 75F is too cold. I'm also seeing this with my parents and ILs.  [/quote]

If I need it, I'll do it at that time.  But multiple posters are encouraging others to go right from their SFH to a 55+ community, regardless of whether they need it or not.  That's not for me.  [/quote]
Watching my IL move at 88 was painful. We've been telling them to move to a smaller home with no stairs since they were 75.  They procrastinated.  I would do it before it gets to the point where you are forced to move because you need help. At that point, moving becomes even more painful, and expensive because you have to pay people to pack everything for you, and you are more desperate to move.[/quote]

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