Hi , I am new to this board.
My husband and I are 53 and he is on track to retire in 2 years at age 55. I worked early in our married life, but took the pregnancy route to retirement at age 30.
He has worked for the same aerospace company his entire career in planning, finance, and/or administration. He worked at a remote field site the majority of his career as it was a great place to raise a child. Unfortunately, it was not so great for career advancement.
In spite of that and thanks to a relocation and promotion 4 years ago (which since then has increased his salary by 86% providing a great boost to his pension), I think we're on track so that he can take early retirement at age 55. We will live off of his pension (which will be less than 30% of his gross), his 401K, and what I call our "Retirement Emergency Fund".
I joined this board to make sure that I am doing everything that I should be doing during these last two years before he actually says goodbye to his career.
Any information on what we should be doing in these last two years would be greatly appreciated.
My husband and I are 53 and he is on track to retire in 2 years at age 55. I worked early in our married life, but took the pregnancy route to retirement at age 30.
He has worked for the same aerospace company his entire career in planning, finance, and/or administration. He worked at a remote field site the majority of his career as it was a great place to raise a child. Unfortunately, it was not so great for career advancement.
In spite of that and thanks to a relocation and promotion 4 years ago (which since then has increased his salary by 86% providing a great boost to his pension), I think we're on track so that he can take early retirement at age 55. We will live off of his pension (which will be less than 30% of his gross), his 401K, and what I call our "Retirement Emergency Fund".
I joined this board to make sure that I am doing everything that I should be doing during these last two years before he actually says goodbye to his career.
Any information on what we should be doing in these last two years would be greatly appreciated.