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My wife and I are 50 and plan to retire in 5 years.
By that time I will have no mortgage -- will sell our primary residence in Maryland and move to our 2nd home (condo) in Fl.
I should be able to generate $45,000 of income per year based on investments and sale of the home. At 62, we'll get $2,500 a month from SS.
The monkey wrench in our plan is my wife was diagnosed with an aggressive cancer last year -- and medical care / health insurance is a big unknown.
Any one else have experience with scenario? Currently, she covered under my health plan -- she has 'retired' due to her health -- I'm worried about her pre-exisiting condition and the ability to get adequate coverage.
Thanks!!!
dwk
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