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Re: please critique us!
Old 03-20-2006, 09:04 AM   #7
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Join Date: Jul 2004
Posts: 1,049
Tangomonster,

"You have nothing to fear but fear itself". As others have already pointed out, you have more than enough to retire immediately and even live less frugally than you have been. However, you need to get comfortable with that reality before you pull the plug on w**k. Run some calculators such as Firecalc to see how you fare under different assumptions about inflation and amounts you will withdraw from your portfolio. I am a big fan of gradual retirement. I worked part time for two years (three days a week at first, then two days a week) before fully retiring. Your assets are sufficient that you can easily afford to take a part time job even if the pay is much lower than your current salary. Go for it!

Grumpy
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