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Hello from Florida
Old 09-30-2016, 09:24 AM   #1
Confused about dryer sheets
Join Date: Feb 2015
Posts: 1
Hello from Florida


I have been lurking here for several months and decided to introduce myself. I am 50 and DH is 48. I stay at home. He is retired military working a federal job. We have 4 children. 1 who has graduated college, 2 at university and a high school junior. My DH is looking to retire again in 2-3 years. He had a taste of freedom after he retired from the military and is ready to take the permanent plunge! He is working to cash flow college expenses. Here is a rough snapshot of our numbers, actual balances in 2016.

Projected income in 2018-

Military pension 57,000
Rental Income 20,400
Family Partnership Income 10,000

TOTAL 87,400

Social Security- who knows? bonus if it still is there!

Investment Accounts- 800,000
Roths/IRA- 160,000
TSP- 150,000
Real Estate 1,435,000
(includes our home, rental home, vacation home and inherited waterfront lot that we are looking to sell sometime in the future)
TOTAL 2,545,000

We have no debt, own everything outright. I manage our vacation home and it does cash flow positive which is not included in projected income. I also have an interest in 2 estate trusts which bring in a minimal amount of income but own some large tracts of land that will be sold or developed in the future. As soon as we can ride out these college kids... FREEDOM! Thank you for your shared wisdom and experiences on the Forum. Marymom

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Old 09-30-2016, 09:37 AM   #2
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Join Date: Nov 2010
Location: Vermont & Sarasota, FL
Posts: 13,201
Looks like you are well positioned for an enjoyable early retirement depending on what your spending is..... in fact, you could probably retire now if you want to.

If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
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Old 09-30-2016, 02:13 PM   #3
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Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 14,132
Looks like you've got it covered, and welcome to the forum!

Take a run through these questions and see if any are not addressed:

Some Important Questions to Answer Before Asking - Can I Retire?
I heard the call to do nothing. So I answered it.
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