Hello! I just joined after lurking for a week or so and running Firecalc. I'm a 56YO engineer and, if I pull through for another 2 years and 8 months, Firecalc, says I have a 100% probability of success. My DH has a business that he will continue to run after I retire. I'll help him on a part time, unpaid basis. But it will be a lot less like working because I will get in, do what I need to do and leave when I no longer have anything to do. Not like work and being tethered to the office.
I have worked at the same company since I was 21 and have a pension coming. I also maxed out 403B most years. I will have two in college when I FIRE. However, I've saved in 529s (MIL has also saved), so only incidental college costs in retirement.
Looking forward to spending my last few working months learning from all of you!
Editted: My biggest concern in medical insurance in retirement. The company I work for offers retiree medical with the retiree paying the entire cost. The cost for my family would be over $3k per month. However, I've learned on here about ACA and I can get a higher deductible plan for about $1k per month - much more affordable. However, I am concerned about ACA being dismantled. So I am waiting until after the next election to see which way the winds will blow and may have to postpone retirement if it looks like low price medical insurance may become unavailable.
I have worked at the same company since I was 21 and have a pension coming. I also maxed out 403B most years. I will have two in college when I FIRE. However, I've saved in 529s (MIL has also saved), so only incidental college costs in retirement.
Looking forward to spending my last few working months learning from all of you!
Editted: My biggest concern in medical insurance in retirement. The company I work for offers retiree medical with the retiree paying the entire cost. The cost for my family would be over $3k per month. However, I've learned on here about ACA and I can get a higher deductible plan for about $1k per month - much more affordable. However, I am concerned about ACA being dismantled. So I am waiting until after the next election to see which way the winds will blow and may have to postpone retirement if it looks like low price medical insurance may become unavailable.
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