kaudrey
Thinks s/he gets paid by the post
Hi,
I was originally planning for age 52 (10 years from now), but now I am planning on 57. I am a fed, and my health benefits would be lost if I retire before 57. For a while, I was OK with that idea, especially when the market was doing well. But now, I realize it would much to risky and expensive to have to fund 13 years of my own health insurance (from 52 to 65).
Fortunately, I like my job and the people I work with, so I am OK with it. We bought a cabin in the mountains last year, something we thought we'd do at retirement, because once I decided I'd be working longer, I determined that I didn't need to save as much money for retirement. I haven't regretted that decision one bit, as we use the cabin all the time, and I love it.
I was originally planning for age 52 (10 years from now), but now I am planning on 57. I am a fed, and my health benefits would be lost if I retire before 57. For a while, I was OK with that idea, especially when the market was doing well. But now, I realize it would much to risky and expensive to have to fund 13 years of my own health insurance (from 52 to 65).
Fortunately, I like my job and the people I work with, so I am OK with it. We bought a cabin in the mountains last year, something we thought we'd do at retirement, because once I decided I'd be working longer, I determined that I didn't need to save as much money for retirement. I haven't regretted that decision one bit, as we use the cabin all the time, and I love it.