Hey, I'm Mike. I can't believe I'm 60 y/o but allegedly I am. I've worked since I was about 17, getting a full-time radio job as an announcer while still in HS, going on to media management roles as a commercial copywriter, producer and for over 4 decades, a self-employed voiceover actor. I've grown tired of the grind of this business. What once was a fairly exclusive niche has become an insanely overpopulated field...mainly because for some inexplicable and dumbfounding reason a lot of my 'peers' thought it was a great idea to encourage as many people as possible to discover, and 'break into' this business. What did/do they not get about how that increases their competition? If anyone here is in this business, I'd be glad to chat about this -but I digress. Just sharing some perspective on why lately I have had less drive/desire to pursue marketing and promotion like I used to. The 'work of getting the work' has just become drudgery to me.
Anyway, I started investing in the 80s and I guess by being patient I have managed to accumulate about a 1.94M (give or take 200k depending on the market) - mostly fund-based, 60/40 (bond/equity) portfolio. I've worked with an hourly-rate advisor a few times a year for about 10 yrs, have no debt, own a house that'd probably fetch about 140k, and have a frugal lifestyle. (I drive a 2003 car and am anxious about shelling out 20k for a 'new used' Caddy that I like). I have a partner of about 35 yrs who has a small pension from a union and might add abt. 200k to the pie. If I do absolutely nothing from this point forward I suppose I'd be ok... My S.S. estimate would be about 1900/mo. at 62.
Am I ready to retire? Kind of, yeah. Can I? Well, I'm open to your thoughts, and appreciate your feedback!
Thanks!
Mike
Anyway, I started investing in the 80s and I guess by being patient I have managed to accumulate about a 1.94M (give or take 200k depending on the market) - mostly fund-based, 60/40 (bond/equity) portfolio. I've worked with an hourly-rate advisor a few times a year for about 10 yrs, have no debt, own a house that'd probably fetch about 140k, and have a frugal lifestyle. (I drive a 2003 car and am anxious about shelling out 20k for a 'new used' Caddy that I like). I have a partner of about 35 yrs who has a small pension from a union and might add abt. 200k to the pie. If I do absolutely nothing from this point forward I suppose I'd be ok... My S.S. estimate would be about 1900/mo. at 62.
Am I ready to retire? Kind of, yeah. Can I? Well, I'm open to your thoughts, and appreciate your feedback!
Thanks!
Mike