Originally Posted by Alohapapa
I would like to have some feedback from you ER's out there who have retired in a similar situation as we are in and any advice/suggestions that may help alleviate our apprehension. Thanking you in advance.
E komo mai, Alohapapa. Spouse and I have been on Oahu for nearly 20 years and I've been ER'd for nearly seven years. The details are in my profile.
The next step, if you haven't already done so, is to track your spending and make an ER budget. Taxes will be part of this budget but should be very low-- no state tax on the military/federal pension and perhaps paying capital-gains tax rates instead of income-tax rates.
Once you have a budget, your expenses, and your savings then you're ready to plug the numbers into FIRECalc (FIRECalc: A different kind of retirement calculator
). If you're seeking an even more detailed calculator allowing you to spend hours tweaking just about every possible portfolio parameter then it's worth buying a quarter's membership in FinancialEngines.com.
You may also want to take a look at FIRE books from the recommended reading list linked by this post:
Best of the Boards (Quality discussions you should read)
And finally, check your private messages at the link on the upper right-hand corner of the page. I've sent you additional info for veterans.