Hi from Tampa.
I am 52, DW is 44. Our numbers look good to me but I haven't convinced the DW that the timing is right or that we can maintain for the many years needed. I am ready to jump within 2 years max, possibly sooner. Any ammunition would be appreciated.
We need around 100k/yr to maintain current lifestyle. Total invested assest = 2.8m. Invested as follows.. 990k in 2-IRA's (all blue chip stock), 1.8m in taxable accounts (800k short term bonds, 200k misc stocks, 800k cd's and cash). Also, have about 700k in a business account (used for cash flow) that would be available when the business is closed. 300k mortgage, all other toys are paid off and no other obligations expected.
Just found this forum by chance and I hope to gain some useful infomation and help the DW see the light. Thanks in advance.
I am 52, DW is 44. Our numbers look good to me but I haven't convinced the DW that the timing is right or that we can maintain for the many years needed. I am ready to jump within 2 years max, possibly sooner. Any ammunition would be appreciated.
We need around 100k/yr to maintain current lifestyle. Total invested assest = 2.8m. Invested as follows.. 990k in 2-IRA's (all blue chip stock), 1.8m in taxable accounts (800k short term bonds, 200k misc stocks, 800k cd's and cash). Also, have about 700k in a business account (used for cash flow) that would be available when the business is closed. 300k mortgage, all other toys are paid off and no other obligations expected.
Just found this forum by chance and I hope to gain some useful infomation and help the DW see the light. Thanks in advance.