I work in the tech field and D/H is self employed. My job is always iffy, so I have been planning for some time. Hope to leave at 58 and help hubby for awhile in his business. We both want to apply for SS at 62-DH is 57 now. Most of our assets are in retirement accounts ($1.1) Of that, 41K is Roth and $53K is after tax. D/H will continue working until 62-income should be approx. $36K a year. I will withdraw approx. $28K a year until 62 without penalty from my 401K since I plan to leave it with current employer. Expenses should be about $4000/mo before tax. I worked the numbers at Firecalc and we seem to be ok.
Just wondered what your thoughts are? Also, will pay off house next year with money set aside for this and not factored in retirement numbers.
The only wild card of course is medical-hope to get a high deductible HSH, since we both have some medical conditions that would raise our premiums.
Thanks all for your feedback. I have really learned a great deal from reading on this forum.