Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Think I can take the jump to ER?
Old 04-29-2013, 07:16 PM   #1
Recycles dryer sheets
Join Date: Apr 2013
Location: ORL
Posts: 156
Think I can take the jump to ER?

I'll be 57 at end of this year and have about $1.3M (Cash or cash equivalent) $260k - 30 yr. USG Bonds in Pension (portable); $250k 401k (most after tax (my contributions; matching, gains taxable) & portablerest is cash. Calc. SS @ $1850 per month (from SS site) for 28 yrs (start @ 62) = total about $1.9M. No debt, no house (apt.) Bought a new Travel Trailer & adopted an older dog. Assumption: no increase in money; then have about $57k for 33 yrs. (= 90). I am frugal. Can I do it? Afraid to take the jump...but job is killing me, literally. Can live on less than $50k.

rjohnla is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 04-29-2013, 07:38 PM   #2
Full time employment: Posting here.
Join Date: Jan 2008
Posts: 671
FireCalc says you can spend $63K a year with 100% success. You should feel comfortable as long as you have the health care part of the equation taken care of.

You need to play around with some of the excellent retirement calculator out there.


for a start.

Good luck.

NanoSour is offline   Reply With Quote
Old 04-29-2013, 08:54 PM   #3
Thinks s/he gets paid by the post
heeyy_joe's Avatar
Join Date: Nov 2012
Location: Madeira Beach Fl
Posts: 1,403
You're 57 and you adopted an older dog? Good Golly Man - call Guinness!

Go ahead and retire, you can do it!
"A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do" --Bob Dylan.
heeyy_joe is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

» Quick Links

All times are GMT -6. The time now is 03:40 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2019, vBulletin Solutions, Inc.