Originally Posted by Jpg1717
Before taxes. Healthcare and taxes will be taken out. If we are only looking at $, then I should keep working, but I want to retire. I thought I was fortunate to have a pension with cola, but it looks like that might not be enough . If I have to , I will go out and get a safer job. How do all of these people retire early without a pension ? If a pension with cola and 700 k isn't enough , then I guess you have to be a multi millionaire to retire .
Well Jpg, you still have to be congratulated for a nice stash built up for retirement. Still a very impressive amount, and considerably more than me as I live off my pension. Im not sweating it though and I am retired at 50. If you wanted just a basic retirement it doesn't take a math wizard to figure out you have plenty to retire on. Its the bells and whistles that have to be accounted for. Just my opinion, but anyone who is conscious of their budget, have shown ability to save money, and has a basic roadmap will always be able to adapt and survive fine. But as a person with a GF instead of a wife, I imagine retirement is considerably cheaper for one even with a mortgage that I have.
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