denny1952
Confused about dryer sheets
I am 59 years old.I have 1.3 million dollars in blue chip dividend stocks currently paying $3000 a month in dividends.I make $70,000 a year but with no benefits.I would like to retire in a couple of years,but I am afraid I may run out of money if I live much past 70.Healthcare costs have cost me $60.000 the last 3 years with premiums ,deductibles and costs insurance does not cover.I have had 3 surgerys the last 3 years,but I will not need anymore in the foreseeable future.I am in o.k. health.With high inflation,higher healthcare costs because of my age I just do not think I could start spending down. I am single with no property or kids.In retirement I would still like a halfway decent quality of life.Should I just wait till I am 65 ? By then it should not be a problem.Any suggestions?