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Old 04-12-2008, 09:51 AM   #1
Confused about dryer sheets
Join Date: Apr 2008
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Hello to All

I've been reading the forums for several weeks and have been impressed with all the useful information given out.

My situation is I'm retired military with a pension and currently work full time working towards another pension. I'm 51 years old and my wife is 58 years old. I will be vested in about 2 months, but plan on working until age 57 and call it quits.

I contribute to a 457 plan each month and do not have it maxxed out yet, but its close to that amount. I'm also hoping to have our mortgage paid off before I retire. I refinanced to a 15 yr mortgage in 2001 and have made several extra payments this year and hope to continue that until paid off.

We currently live in a high cost area, but we are thinking of selling our home and relocating to a lower cost area to pay cash for a house and invest the rest after I retire. Is this plan feasible? Thanks for any input.
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Old 04-12-2008, 10:29 AM   #2
Thinks s/he gets paid by the post
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Hello and welcome. Have you run your numbers through FireCalc? FIRECalc: A different kind of retirement calculator

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Old 04-12-2008, 01:53 PM   #3
Confused about dryer sheets
Join Date: Apr 2008
Posts: 6
Yes I did. Great tool, but still I'm skeptical if I can pull it off.
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Old 04-12-2008, 07:46 PM   #4
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Welcome Joe Bass. Have you checked out the Early Retirement FAQ's sub-forum? It is a wealth of information.
Living an analog life in the Digital Age.
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