weshallsee123
Dryer sheet wannabe
I stopped working a couple of years ago, and have recently persuaded my wife that she should too. However she is feeling a lot of anxiety about it, so am looking to you guys to tell her we are fine.
Here are the details:
I am 59, She is 52
Investments of $4.2 million, 75% equities, 25% bonds - most with Vanguard
half is in ira/401k accounts, half in normal accounts.
Expenses for the last three years have been between $60,000 and $70,000
Social Security estimates each of us will receive just over $2000 a month at 66
Expect small inheritance of around $500,000 in a couple of years
Wifes family often live to mid to late nineties, my family to their eighties
No children so any money left goes to charities
Health Care will be around 10,000 a year
Have run numbers through firecalc and am getting 100% success rates, however wife is still anxious
So this is just a check to make sure I am not missing anything and that we should be fine with her stopping work. Thanks in advance for your comments.
Here are the details:
I am 59, She is 52
Investments of $4.2 million, 75% equities, 25% bonds - most with Vanguard
half is in ira/401k accounts, half in normal accounts.
Expenses for the last three years have been between $60,000 and $70,000
Social Security estimates each of us will receive just over $2000 a month at 66
Expect small inheritance of around $500,000 in a couple of years
Wifes family often live to mid to late nineties, my family to their eighties
No children so any money left goes to charities
Health Care will be around 10,000 a year
Have run numbers through firecalc and am getting 100% success rates, however wife is still anxious
So this is just a check to make sure I am not missing anything and that we should be fine with her stopping work. Thanks in advance for your comments.