Hello esteemed board members. Let me start with the unexpected: I like my job and my boss. I turn 50 next year and I've had enough bad jobs/bosses to know the difference (don't get me started). So I'm in no real rush to ER.
My priorites are:
1) Family,
2) Health and
3) Readiness for retirement
On number 3, I have a paid-off house, >250K in in 401K, a good company with a defined benefit pension and a reserve retirement at 60 (in my 29th year of service- Go Navy).
My big expenses are almost all kid based. Three daughters, and I am on the hook for:
1 set of braces (out of normal cash flow)
2 more college educations (each has ~20K in a college account - it's a start)
3 weddings?? (a shared expense - if I still like them)
So besides the introduction, my two questions are:
Beyond the financial side, how did you prepare for RE over your last 5 years of full time work? I want to be able to RE at 55, but I will work to 60 if I'm enjoying it.
Has anyone ER'd with children in college? My youngest finishes when I'm 59.
I look forward to the discussion. Thanks in advance, Tekward
My priorites are:
1) Family,
2) Health and
3) Readiness for retirement
On number 3, I have a paid-off house, >250K in in 401K, a good company with a defined benefit pension and a reserve retirement at 60 (in my 29th year of service- Go Navy).
My big expenses are almost all kid based. Three daughters, and I am on the hook for:
1 set of braces (out of normal cash flow)
2 more college educations (each has ~20K in a college account - it's a start)
3 weddings?? (a shared expense - if I still like them)
So besides the introduction, my two questions are:
Beyond the financial side, how did you prepare for RE over your last 5 years of full time work? I want to be able to RE at 55, but I will work to 60 if I'm enjoying it.
Has anyone ER'd with children in college? My youngest finishes when I'm 59.
I look forward to the discussion. Thanks in advance, Tekward