[FONT=Calibri, serif]I've been lurking around here for some time. I'm single. I stared earning decent money late, but I've always tried to live as cheaply as possible including renting a small place, buying only used cars, etc. - around 25K/year with the company pays for most of health care. As I hit 50, I had about 2M in total assets, but no home.
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[FONT=Calibri, serif]I've run numbers with Fire Calc and Flexible Retirement Planner and it appears as though I could quit working, spend twice as much and live to 100 with fairly low risk. That's what I've been working for, but it's a big mental leap. Retire, buy a house, and kick around doing projects all day? Unreal at this point [/FONT][FONT=Calibri, serif]and its scary.
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[FONT=Calibri, serif]I'm not the sharpest on investing and it took me years just to get onto the [/FONT][FONT=Calibri, serif]B[/FONT][FONT=Calibri, serif]oglehead thing. I've struggled at times doing my own taxes [/FONT][FONT=Calibri, serif]with odd investments[/FONT][FONT=Calibri, serif]. I've read some things that retiring after turning 55 opens up a few more options in terms of shifting things out of the company's 401K into my own IRA at Fidelity/Schwab/Vanguard, but there might be some benefits to leaving them at my company. Any opinions on before vs. after 55?[/FONT]
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[FONT=Calibri, serif]I've run numbers with Fire Calc and Flexible Retirement Planner and it appears as though I could quit working, spend twice as much and live to 100 with fairly low risk. That's what I've been working for, but it's a big mental leap. Retire, buy a house, and kick around doing projects all day? Unreal at this point [/FONT][FONT=Calibri, serif]and its scary.
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[FONT=Calibri, serif]I'm not the sharpest on investing and it took me years just to get onto the [/FONT][FONT=Calibri, serif]B[/FONT][FONT=Calibri, serif]oglehead thing. I've struggled at times doing my own taxes [/FONT][FONT=Calibri, serif]with odd investments[/FONT][FONT=Calibri, serif]. I've read some things that retiring after turning 55 opens up a few more options in terms of shifting things out of the company's 401K into my own IRA at Fidelity/Schwab/Vanguard, but there might be some benefits to leaving them at my company. Any opinions on before vs. after 55?[/FONT]