Poll: If you were in my situation, when would you retire?

[obgyn65]

I agree with Texas Proud below.

Quote:

Originally Posted by Texas Proud But, at your spending level and asset size, and you wanting to retire,.... I vote go for it now...

[Ken11]

IM 57 and took the plunge last year having somewhat less than your current balance.
So far no regrets. Firecalc shows me at 100% till age 90.
However, I do recognize its not a riskless scenario.

If the market is uncooperative over the next few years I'll just take a low key job for a while.

Good luck.

[ER_Hopeful]

If I were you, I'd have retired last year or last last year.

[edsahara]

Quote:

When I run firecalc and input $80,000 per year spending with $1.7 million portfolio and 34 years I get 70% success rate.

When I look at the longevity tables and look at the odds of a person living to be 90, I get a 10% success rate.

[WestLake]

I too am waiting on the health care resolution - will be 55 in 2013 so it's really a magic number for me. Not inclined to do the COBRA dance. If I wait until early 2014 to RE I'll still be 55! Let us know what you get for an insurance quote. I am very curious.