Well I just pulled the plug today Whew!! can't believe I had the guts.
I've been grinding on this decision since my company went bankrupt last september. Couldn't take the negativity and the daily bad news in the office.
I'm 50 years young and DW is turning 52 this sunday, we have approx 910K in assets (75% in IRA's 401ks) not including the house(s), Taking the lump sum pension option before the company terminates the plan and planning on rolling my 401k and lump to VG.
We'll be selling the our house in the northwest and moving to our "investment" house in tucson which will be paid off after the sale of the house up north.
hopefully will get by on 40k per year in expenses. hopefully things will work out!!
thanks to the FORUM for all the good information I've been able to get and hearing of members experiences dealing with ER and finances.
sorry for fragmented post but my mind is racing at maxium rpm's.
I've been grinding on this decision since my company went bankrupt last september. Couldn't take the negativity and the daily bad news in the office.
I'm 50 years young and DW is turning 52 this sunday, we have approx 910K in assets (75% in IRA's 401ks) not including the house(s), Taking the lump sum pension option before the company terminates the plan and planning on rolling my 401k and lump to VG.
We'll be selling the our house in the northwest and moving to our "investment" house in tucson which will be paid off after the sale of the house up north.
hopefully will get by on 40k per year in expenses. hopefully things will work out!!
thanks to the FORUM for all the good information I've been able to get and hearing of members experiences dealing with ER and finances.
sorry for fragmented post but my mind is racing at maxium rpm's.