I’ve been an occasional lurker on this board for a few years, and much of the knowledge and experiences from this community has helped to reassure us about diving into retirement. So DW (53 yrs) and I (58 yrs) took the proverbial plunge and retired back in June of 2019.
The biggest regret over these past 7+ months of retirement is why didn’t we do it even sooner. We love that every day is now like a Saturday, especially Sunday evenings when there is no longer the anticipated “dread” of having to get up Monday a.m. and make the painful trek into the corporate world. It is absolutely refreshing to wake up every day with a big smile and not worry about the drudgery of the impending w*rk day! Do miss some of our co-workers though, and we try to keep in touch with some of the closer ones.
Overall, our investments are ~60% tax deferred/ ~40% taxable and AA is about 50% equities, 30% bonds, 13% annuity, 7% cash. Vast majority of our equities and bonds are in index type funds, but do enjoy dabbling with a small % in individual stocks. Primary residence is paid off and have a SFU rental with a small mortgage left on it.
Cost of living down here in Georgia isn’t too bad and we’ll more than likely remain. Have two sons, one already with decent job and the other soon to graduate college with a good job already lined up…hurray, we’ll get a pay raise when graduation happens in a few months!
Have several hobbies, interests, along with family and friends that help keep us busy (but not too busy), with the main premise being doing what we want, when we want, and if we want.
Again thanks to all for spreading much of your knowledge and wisdom. Looking forward to reading about and/or interacting with you fellow retirees and others in the future!
The biggest regret over these past 7+ months of retirement is why didn’t we do it even sooner. We love that every day is now like a Saturday, especially Sunday evenings when there is no longer the anticipated “dread” of having to get up Monday a.m. and make the painful trek into the corporate world. It is absolutely refreshing to wake up every day with a big smile and not worry about the drudgery of the impending w*rk day! Do miss some of our co-workers though, and we try to keep in touch with some of the closer ones.
Overall, our investments are ~60% tax deferred/ ~40% taxable and AA is about 50% equities, 30% bonds, 13% annuity, 7% cash. Vast majority of our equities and bonds are in index type funds, but do enjoy dabbling with a small % in individual stocks. Primary residence is paid off and have a SFU rental with a small mortgage left on it.
Cost of living down here in Georgia isn’t too bad and we’ll more than likely remain. Have two sons, one already with decent job and the other soon to graduate college with a good job already lined up…hurray, we’ll get a pay raise when graduation happens in a few months!
Have several hobbies, interests, along with family and friends that help keep us busy (but not too busy), with the main premise being doing what we want, when we want, and if we want.
Again thanks to all for spreading much of your knowledge and wisdom. Looking forward to reading about and/or interacting with you fellow retirees and others in the future!