Sniggle
Recycles dryer sheets
Warning: Personal cathartic post...no one else wants to listen so I thought you all might)
Anyone else feel this way? If you could just get to a certain level of saving, or payoff a lingering debt you would get in front of the wave and the momentum of your saving and planning efforts would carry you worry free for the last few years into retirement...would that not be great.
I linger on this site, and have posted a time or two, but unlike some of the stellar, smart, aggressive, lucky and/or accomplished folks that post on here, I am just an average megacorp minion with a non-working spouse that balances paying the bills and saving....holding on to the hope that I can retire a few years early at 62.
Recently my company got purchased, and although I still have my job, the pension plan I had been counting as a leg in my retirement stool is going to be closed at the end of '19, eliminating approx. $11,000 in annual income for the 6 years of service I will miss out on from the close to age 62. More retirement anxiety...yea.
I am not in a bad position having made a few good decisions throughout my working life (28 years army reserves to earn a retirement (at 60) & health care, $1.4 million saved in 401K and Roth, refinance my house to a 15 year loan), but I am not where I feel I need to be ($2.5 million 401K/Roth). With 9 years of working (hopefully only 9) to go, I can not seem to get comfortable with where I am and spend too many waking hours and sleepless hours contemplating where I am, looking at my 401K balance and weighing the what ifs.
It seems the closer I get....the more anxiety that builds. I wish I had a rich relative that would leave me $ 2 million to put me on the glide path, but alas I do not.
Anyway, thanks for listening
Anyone else feel this way? If you could just get to a certain level of saving, or payoff a lingering debt you would get in front of the wave and the momentum of your saving and planning efforts would carry you worry free for the last few years into retirement...would that not be great.
I linger on this site, and have posted a time or two, but unlike some of the stellar, smart, aggressive, lucky and/or accomplished folks that post on here, I am just an average megacorp minion with a non-working spouse that balances paying the bills and saving....holding on to the hope that I can retire a few years early at 62.
Recently my company got purchased, and although I still have my job, the pension plan I had been counting as a leg in my retirement stool is going to be closed at the end of '19, eliminating approx. $11,000 in annual income for the 6 years of service I will miss out on from the close to age 62. More retirement anxiety...yea.
I am not in a bad position having made a few good decisions throughout my working life (28 years army reserves to earn a retirement (at 60) & health care, $1.4 million saved in 401K and Roth, refinance my house to a 15 year loan), but I am not where I feel I need to be ($2.5 million 401K/Roth). With 9 years of working (hopefully only 9) to go, I can not seem to get comfortable with where I am and spend too many waking hours and sleepless hours contemplating where I am, looking at my 401K balance and weighing the what ifs.
It seems the closer I get....the more anxiety that builds. I wish I had a rich relative that would leave me $ 2 million to put me on the glide path, but alas I do not.
Anyway, thanks for listening