Last year, when I was still two years away from retirement I was confident that I was secure with my plan. I was confident the plan could survive a 2% average return (maybe even a 0%, if we spend less later in life as I think we will). I was confident the plan would last for 35+ years, longer than we intend to be alive.
Now that I'm less than a year away from retirement, uncertainty has crept in. If anything, we ended the year in a better position. We have a better handle on our expenses. Everything points to a successful retirement. Yet, the doubt is there. What if I have a formula error in my spreadsheet? What if the market tanks just after I retire? What if we spend more than planned?
With the doubt, comes some insane ideas. Well, I can work another year as a cushion (could have retired a year ago, except for health coverage). I can work two years and get early SS, thus not depleting the retirement fund (above still applies). I can work until full retirement age and be 100% certain we'll be set (really worth it to be above 98% certainty?).
So, my question is, how many of you doubted your plan just before you retired? Is this the norm or am I just getting nervous since we're talking months and days instead of years?
Now that I'm less than a year away from retirement, uncertainty has crept in. If anything, we ended the year in a better position. We have a better handle on our expenses. Everything points to a successful retirement. Yet, the doubt is there. What if I have a formula error in my spreadsheet? What if the market tanks just after I retire? What if we spend more than planned?
With the doubt, comes some insane ideas. Well, I can work another year as a cushion (could have retired a year ago, except for health coverage). I can work two years and get early SS, thus not depleting the retirement fund (above still applies). I can work until full retirement age and be 100% certain we'll be set (really worth it to be above 98% certainty?).
So, my question is, how many of you doubted your plan just before you retired? Is this the norm or am I just getting nervous since we're talking months and days instead of years?