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Old 03-31-2013, 06:25 PM   #21
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You will be more than OK in retirement....just do it! I am semi-retired and there is no way in heck I would work full time again! Life is too short to keep working!

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Old 03-31-2013, 07:04 PM   #22
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When I was 50 I had a lot more energy. I had also had cancer, and had had many friends die of that same cancer (people I met through an internet support group initially). I've now had even more crap happen to me that has wrecked my health in certain ways.

I gave notice 2 weeks after a close friend dropped dead at 67 but I was planning to retire around then anyhow. However, that death shocked me to the core.

You don't know what your health will be like but I'm sure it will be improved by being able to take it easy and garden and so on! But most importantly, retire while you still have the energy to take advantage of all that spare time and don't put off stuff you want to do. You will be amazed at how busy you can be if you want to, and how full your life can be in retirement.

The only activity-oriented advice I can give you is to try living on less money and make sure you won't miss the treats a lot of spending can provide. But don't wait too long Also read a lot of posts on this forum. They are really supportive of this kind of move.

I'm thrilled to be retired and doing a lot of traveling now while I have some energy for it. I never thought my health would be so compromised but it was. Go have fun.

Retired July 2, 2010 at 62. My only regret is that I couldn't do it sooner.
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Old 03-31-2013, 07:07 PM   #23
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Nice job saving all that again please...why did you save it?

Order and read the book DIE BROKE. Then you will know itis OK to retire.
"A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do" --Bob Dylan.
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Old 03-31-2013, 08:19 PM   #24
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Originally Posted by NoOneGetsIt View Post
Our spending will be in the 30-38k range.
$2 million liquid investments is more than enough to cover that level of after-tax spending. So you certainly appear to have sufficient capital to afford retirement, if you otherwise feel ready (I share John Galt's perception that you sound like you are panicking: probably just the very terse nature of your posts, though).

You might want to add the following title to your reading list: Dale Carnegie,How to Stop Worrying and Start Living. It is a bit dated but still contains some good advice.
"If at any times we must deal in extremes, then we prefer the quiet, good-natured hypocrite to the implacable, turbulent zealot of any kind. In plain terms, we are not so fond of any set of notions, as to think them more important than the peace of society". John Toland, The Description of Epsom (1711)
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Old 03-31-2013, 08:43 PM   #25
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Thank you all so much!


Am loving reading...any others?
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Old 03-31-2013, 09:05 PM   #26
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Highly recommend - and I'm not being facetious! - reading The Wind in the Willows, Alice in Wonderland.... kids' books that don't tax the soul. And see if you can dial your anxiety down. Oh, also read the other three about finances.
Retired July 2, 2010 at 62. My only regret is that I couldn't do it sooner.
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Old 03-31-2013, 09:38 PM   #27
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$30-$38k on $2M? Dude, the dividends on the S&P would give you that without touching the principle! You can get 2.5%-2.7% dividends/interest in a nicely diversified stock/bond portfolio, now you're talking $50k before taxes! Your spending numbers are exactly in line with mine, and if I had $2M I would feel very confident to go....
(after 5:00 warning applies to this post, lol!)

When you walk in the shadow of insanity, the presence of another mind that thinks and acts as yours does is something close to a blessed event. -Robert Pirsig, Zen and the Art of Motorcycle Maintenance
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