First I would like to thank all the posters on the forum who have made this retirement day possible. I've been mostly reading and not posting much for the last 3 years. The information gained here is invaluable.
It's official Friday is my last day at work. I'm 57 and DW 56. We have just moved from NY to Fla. and I'm just in NY finishing up work till Friday.
DW and I have about 1.4M and everything is paid for. Also have a whole life policy which I will soon cash in for about 135K. Of the 1.4M 1M is taxable and .4 is tax advantaged. DW has a small 8K pension that's 1/2 cola, as for health ins. I'm covered under DW's plan which we pay 10% of the total bill which is about $120 a month.
So what do you guys think do I have a good shot at retirement?
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Last, if your expenses are under 60K/y, what are you waiting for?
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Rich
Tampa, FL 99.1% ESR'd...
As if you didn't know..If the above message contains medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any purpose. Consult your own doctor for all medical advice.
Moving to Viera just across the state from you on the east coast.
You will enjoy this complicated state, to which everyone seems to want to move despite it all.
Enjoy retirement.
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Rich
Tampa, FL 99.1% ESR'd...
As if you didn't know..If the above message contains medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any purpose. Consult your own doctor for all medical advice.
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Oh, you hate your job? Why didn't you say so? There's a support group for that. It's called EVERYBODY, and they meet at the bar.--Drew Carey
You will enjoy this complicated state, to which everyone seems to want to move despite it all.
Enjoy retirement.
Hey Congrats 73ss454!
DW and I really like the area you picked. We used to live not far from there in St. Cloud, FL and used to travel to Melbourne Beach all the time. You will LOVE it. We currently live in Bradenton, on the west coast.
Yes Rich, Florida is a complicated state, and like you, we thoroughly enjoy it.
Say 73ss454, I hope to get to see your ride someday. Maybe you can come to Desoto Speedway one day for their muscle car shootout!
Hey Congrats 73ss454!...Say 73ss454, I hope to get to see your ride someday. Maybe you can come to Desoto Speedway one day for their muscle car shootout!
Yeah 73... make sure you are devoting enough time to your 'Velle with your new schedule.
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Diggin' my way to financial freedom, one buck-at-a-time
Thanks guys...I flew down to Fla. after work today and looking forward to the 80degree weather tomorrow. Maybe I'll go for a swim.
Congratulations on your last day. I envy your weather. It is 10 degrees outside and snowing right now. I am on the couch, two dogs and a laptop trying to occupy my legs.
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Do not rely on the information provided--my posts are not to be taken as legal advice. Needless to say you must consult with your legal representative. I am not responsible for errors. If I offended you with cya I apologize. If I did not, I tried.
Congratulations on your last day. I envy your weather. It is 10 degrees outside and snowing right now. I am on the couch, two dogs and a laptop trying to occupy my legs.
Martha,
Now that you decided to be free you can take a look at some nice houses that are for sale on my block. 84 degrees today
It is 10 degrees outside and snowing right now. I am on the couch, two dogs and a laptop trying to occupy my legs.
All you need is a roaring fire and a glass of wine - sounds like heaven to me.
DW/me lived in Florida 1969-71. Hated the weather (and the bugs). Love the N.E. (four seasons - you always get "variation").
Of course, I know a lot of folks from "above the Mason-Dixon line" plan on retiring "down South". Good for them, if that's what they want. It dosen't matter where you live, as long as it fits your needs (and you can afford it ).
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