robnplunder
Thinks s/he gets paid by the post
With target ER date, summer/2015, fast approaching, one final check with fine folks here:
Any suggestions, advices, shared experiences?
- Ages = 53 (DW & I). Total asset = 2.1M (350k in house equity), SS in 10 years at 63 = $38k
- Yearly expense = $100k and room for reduction if needed, Firecalc = 100% using Bernicke spending model. Fails poorly otherwise.
- Parents in late 70s who may need LTC, DS (only child) - a starving artist but independent
- Current income = 250k/year, current yearly asset increase = $180k/year (60/40 investment portfolio, saving from income)
- Pressure points to quit = desire to goof off rest of my life, and my psycho boss (otherwise, my job is ideal)
- Conflict = 2 - 4 of OMY can add 350k - 800k to my ER fund which means I don't have to LBYM in ER, can travel the world, assist family members/relatives in financial need
Any suggestions, advices, shared experiences?
Last edited: