My wife's and my five year plan has come to fruition. I am relaxing into my second day of retirement (as I do not count Labor Day.) This may end up being a quasi-retirement as I have had a few offers to come back next year and work on a casual part-time basis. We will see...
We are both 55 and she broke free of corporate America 5 years ago. All kids are out of the house, which we just sold. The family is growing grandkids at a rapid rate...4 and counting now; one of which we keep on a regular basis as both of his parents are deaf. We currently rent and plan to do so until the boy is older and has his speech and behavior well developed. Ultimately we would like to move to where there are 4 seasons and definitely cooler in the summers (Western North Carolina would also put us within 3-4 hours of my two daughters)
Basically, we have 10 years of cash(cd's, money market, and others bringing in 7.5% thus far this year) available to supplement our pensions.The "cash" is ~ 1/3 of our accumulated wealth. My wife has her own part-time business which also helps! The other 2/3's will be in DFA, 80% of which will be stock funds.
We have developed a laundry list of activities to keep the mind sharp(or get it there) and get back to our formerly svelte selves. Probably a hundred years worth of activity!
We greatly enjoyed and used the forum contents to help us during the planning and preparation stages.
All our best,
loosehead and TxDakini