FANOFJESUS
Thinks s/he gets paid by the post
I'm not ready to retire. I know that. I don't plan on retiring until 55. We have always planned on semi-retirement at 55. I want another job. I'm just afraid that in this area I am not going to find a position that allows me to save the way I have been in the past. I am afraid of age discrimination. I am afraid of searching for a new job and on the rejection that entails. I'm afraid that I have a mixed bag skill set that won't translate very easily into something else.
DH makes $53K/year. Our only expense is our home/mortgage. We owe approx. $40K on a home that is worth $160-$170K.
My 401(k) = 197,000
DH 401 (k) = 100,000
Home equity = $165k - 40K = $125K
Savings = $17K (emergency fund)
I don't think you have anything to worry about. If you are in the midwest you have it made. You just need a little job until that pension kicks in. My family lives on about half of your pension and there are two of us. We have a paid for home but you are almost there. It is true you will not be able to save a ton but you should be still able to save some. If you want peace of mind take 20k from the job and put in on the mortage and take out a 20k mortage for 30 years.
That would make the payments super low. At this point I think any job will do you.