Hello! Just registered today.
Well, I finally did it! Last August I decided to quit working, and have never been happier. But. (I will get to the "But" in a minute)
A Little History.
My dear wife and I moved to the US from London, in 1988 and have been working for retirement ever since. We are both US, Canadian citizens, and I am also a UK citizen, (Just call me 00-IAN) I am 49 and she is 44. We have no children by choice. (I am the big child in our family)
Well my wife is still working at the moment while our plans are materializing. The main reason is to get our health care.
We have no debt at all, and are in the process of selling our grossly over inflated home, while the market remains good. (South Orange County California) It is a large part of our retirment nestegg.
Here comes the but......
Well, I had it all calculated up until fixed interest rates dived to >2%. I am so wary about investing in the stock market, and risking losing capital. We have enough to live modestly (I think, but am not sure) for a while if we get a cheaper house. Our expenses are not excessive. I have a lot of difficulty getting impartial views from the financial pundits. We are also making a decision whether to rent or buy for a while and where? This is probably not the forum to discuss this so I will post my questions elseware.
Any comments or pointers will be appreciated.
Thanks for listening, and I look forward to some, constructive financial and retirement banter in the future.
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain