Re: I'M GINGER
I cannot speak to your specific question, but I have asked myself the same thing....basically "when" is the right time to bug out. *It sounds to me as if you are both very close.
I have a pension simlar to your husbands (but his sounds a bit better). *I can get about 65% pay at age 55. *This amount has an automatic COLA of only 2% per year, which may not cover inflation. *There is, however, a supplemental pension that kicks in if my purchasing power goes below 75% of my original pension. *If this happens, the supplement kicks in. *The bottom line is that I am guaranteed no less than 75% of my original purchasing power.
Therefore, my key time to leave will be when I can live comfortably on 75% of *the amount my pension would be. *When this is the case, a "worst case" scenario would still have my essentials covered.
I have IRAs, 403Bs, etc., but I consider them as "gravy," and I consider Social Securious a dubious possibility; I'll take it if it's there, but I'm not counting on it.
It is a personal matter, and I think with a bit more number crunching, you'll arrive at a decision. *Good luck!
All the best....Mike
I'd rather live in a rustic cabin and be free than in a McMansion as a slave!