Okay, here goes. I'm 55, wife is 49, have 2 kids at home ages 4 and 2. Have 700,000 in 401K and IRA's, 400K equity in house that is too large to retire in. Will get 900/month from a pension. Soc Sec, due to get 16000/year for each of us, wife and I, but plan on getting about 2/3 of that.
Dilemma: I need family insurance until age 65 and Medicare kicks in and hope that it covers family. Need to down size on the house and move to lower taxing community. Currently live in Loudoun County, VA. Thinking about coastal NC, where son, daughter in law and grandson live. I know there are others out there that have done this or in the planning stages and I'm looking for ideas.