I posted a similar question on the "Hi I am" board, but this board may be more appropriate.
I am 47 and my DW if 45. Using FireCalc, it appears we have enough investments to retire now. Our retirement property is about 400 miles from our current residence. The problem is that our current residence has been for sale since last July. We have already lowered the price about 20% and I'm willing to rent the place out for a while in hopes of a decent offer. We have a trailer (manufactured) house on our retirement property now and we will build a new house when our current house sells. I want us to quit working no later than Sept. 1st and I need to convince my DW. If we cannot rent out the house, it would cost us around 12k per year for taxes, ins. utilities etc. Our jobs are unbearable. How do you decide between peace of mind and finances? According to FireCalc, We will probably have a cushion of 200k minimum after selling our house. I am still unbelievably nervous about not getting a weekly paycheck as well as being the one to talk my DW into retiring.
I am 47 and my DW if 45. Using FireCalc, it appears we have enough investments to retire now. Our retirement property is about 400 miles from our current residence. The problem is that our current residence has been for sale since last July. We have already lowered the price about 20% and I'm willing to rent the place out for a while in hopes of a decent offer. We have a trailer (manufactured) house on our retirement property now and we will build a new house when our current house sells. I want us to quit working no later than Sept. 1st and I need to convince my DW. If we cannot rent out the house, it would cost us around 12k per year for taxes, ins. utilities etc. Our jobs are unbearable. How do you decide between peace of mind and finances? According to FireCalc, We will probably have a cushion of 200k minimum after selling our house. I am still unbelievably nervous about not getting a weekly paycheck as well as being the one to talk my DW into retiring.