Originally Posted by tryan
I exited at 43 .. now have 4 years under the belt. The wild card has been healthcare. Started at $583/month (BC/BS for family of 4) ... now pay $914/month. 36% increase in 4 years. This is not pretty.
I just had a look at our medical insurance, We live in New Zealand, a couple early 40's with kids. We feel fully insured and our combined cost is US$85 per month for what we consider full cover.
I too considered full retirement recently, but instead reduced my working hours by half. We have a sizeable amount of investments and all calculations show we should be right, but I hope I've got another 50 years in me-could my wife put up with me for that long? Would half be enough? Maybe- but not certainly. Also we have young family which limits what we could do.
Since halving my hours life's been a lot more enjoyable. I have time to pursue sports and hobbies. I have dug out my old backpack and gotten short 'leaves of absence' from home to visit distant and exotic places, just a flight in and out, with complete freedom and acts of randomness in between. I help out at my kids school and coach a kids sports team, I even started a biking school bus.
I am glad I still have 1/2 a job, if I gave it all up I think I would feel a bit lost, also 'what would the neighbours think!'