$500k college loans, retirements to fund, still want to retire in 2016 in my 50's!!!

[tiredofworking2]

Hello.

I live in Ohio. I promised to pay all of my kids' college loans so I'm a-gonna.

In parallel with college loans are our retirements.

Regardless, I still want to retire early in 2016 while in my 50's.

Pie in the sky? Well, maybe, yet maybe not!

I'm tired of working and ready for much more FUN!!!

 

[haha]

Hello.

I live in Ohio. I promised to pay all of my kids' college loans so I'm a-gonna.

In parallel with college loans are our retirements.

Regardless, I still want to retire early in 2016 while in my 50's.

Pie in the sky? Well, maybe, yet maybe not!

I'm tired of working and ready for much more FUN!!!

remember, if you build it, they will come. And if you want it, it will come.

 

[tiredofworking2]

How sweet, haha. I love it!

Thanks!!!

 

[killingme]

I think it depends on how you want to have fun. I live in the woods so my idea of fun is hiking, gardening, trail blazing, and not very costly. If you can be satisfied doing with less until you get all those expenses squared away, you can do it.

It is amazing what you can achieve when sufficiently motivated!

 

[rodi]

If you've got the nest egg, or cash flow to cover the student loans - go for it.

I'm hoping to offer my kids paid for, public education (Cal State or UC) bachelors, and still plan to retire before they hit college. But I've got a plan, earmarked savings, 529's, etc to account for this.

So - as long as you have the savings or income (pension?) to cover it - Happy retirement!!!!

 

[pb4uski]

A goal without a plan is just a wish.

Check out Quicken Lifetime Planner to see if yours is a dream or a plan.