I have worked since I was 15 and now the latest straw was being riffed from the Oil & Gas business at 62 . We have followed our rules all credit cards paid off cars paid off . All we owe on is our house in the suburbs . Years ago I bought some foreclosed land in the country to some day build a dream home . We have built the dream home only 900 Sq Ft paid off . Lots of frills but built like a bunker . We have no clue how much we need to retire. We hear horror stories about health insurance costs. We will pull about 38,000 per year from SSI if I understand the tables correctly . Plus we will have our IRA's and money from our house we will sell in the suburbs. Here is the problem I am scared to say I am retired or retiring ! It just doesn't sound right .