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View Poll Results: If you were in my situation when would you retire?
retire now, age 59 with $1.7 mil. 100 80.00%
retire 2013, age 60 with $1.8 mil. 11 8.80%
retire 2014, age 61 with $1.9 mil. 1 0.80%
retire 2015, age 62 with $2.0 mil. 11 8.80%
Work till full retirement at 66 1 0.80%
better work till you die or you’re gonna starve 1 0.80%
Voters: 125. You may not vote on this poll

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Old 02-04-2012, 04:03 PM   #41
Dryer sheet wannabe
Join Date: Oct 2009
Posts: 15
Quit now, while you're still healthy and can enjoy yourself. Health is more valuable than money.

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Old 02-07-2012, 05:26 AM   #42
Thinks s/he gets paid by the post
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Join Date: Sep 2010
Location: midwestern city
Posts: 4,062
I agree with Texas Proud below.
Originally Posted by Texas Proud View Post

But, at your spending level and asset size, and you wanting to retire,.... I vote go for it now...

Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
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Old 02-07-2012, 07:26 AM   #43
Recycles dryer sheets
Join Date: Feb 2010
Posts: 122
IM 57 and took the plunge last year having somewhat less than your current balance.
So far no regrets. Firecalc shows me at 100% till age 90.
However, I do recognize its not a riskless scenario.

If the market is uncooperative over the next few years I'll just take a low key job for a while.

Good luck.
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Old 02-07-2012, 01:46 PM   #44
Recycles dryer sheets
Join Date: Sep 2007
Location: near L.A.
Posts: 154
If I were you, I'd have retired last year or last last year.
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Old 02-09-2012, 08:38 PM   #45
Dryer sheet wannabe
Join Date: Oct 2009
Posts: 15
When I run firecalc and input $80,000 per year spending with $1.7 million portfolio and 34 years I get 70% success rate.

When I look at the longevity tables and look at the odds of a person living to be 90, I get a 10% success rate.
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Old 02-10-2012, 05:34 AM   #46
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Join Date: Jun 2011
Posts: 235
I too am waiting on the health care resolution - will be 55 in 2013 so it's really a magic number for me. Not inclined to do the COBRA dance. If I wait until early 2014 to RE I'll still be 55! Let us know what you get for an insurance quote. I am very curious.

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