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Thank You all, ...special thanks to pb4uski for running the FIREcalc. I never did that myself. I have moderate to severe Crohn's disease and on top of it I am unable to focus or concentrate on anything. I enrolled in couple of online courses, but withdrew myself. This early retirement idea...

Thank You Rodi, Thank You Out of Steam, Whisper, Euro and others!!! Yes, the idea to work again is bringing shivers in my spine, I wish I am 59 :) The 3k may not be all inclusive, additional $500 for insurances. But, I pay annually. My family thinks humans has to work 60 and beyond & they...

Thank YOU, Euro. Good to hear.

Thank You very much for the replies. Let me do some research on annuities. Basically, I cannot be employed because I have no skills. I want to hear the words 'that i can retire now'. I can tell my wife that we won the game and out of rat race :) I need 30k per year, so for next 12 years I...

My situation: After 20 years as a electronic engineer in one company, I was laid off few months back. My skills are outdated. Due to critical health issues, I cannot learn any new things or do odd jobs. My career ended! I am 49, my wife 46 and we have a son age 7. My wife work as a substitute...