You can withdraw from your 401K at 55 yrs old without penalty, so it you're out in June - you're safe. With 1.9 mil - I think you will do just fine.
You never said if you had kids or not ? Do you have kids. What's your expenses today?
Thanks. Double income, no kids. House paid off and we're not going anywhere (though it's a three-level house so I'm not counting on staying here forever and ever).
I'd say we can live very comfortably on 70K a year; less if we have to but I like to visit my relatives in Hawaii a couple times a year, etc. I can't see ever retiring and need to do something besides volunteering too. I'd shrivel and die without having at least a barista-type job where I earn at least something.
My wife has an IT-heavy job and they love her. She's a couple years older and her health is not quite as good as mine, but her relatives have longevity and mine don't ... so we're probably even on life expectancy. Health insurance would be through her job, as long as she stays healthy and employed. She's almost 57, I'm almost 55.
Thanks for the reassurance on the money aspect of things. That's the biggest reason I might just walk away and count this whole thing as a life experience.
But ... I left a lot of money on the table leaving the previous for-profit job with profit sharing, bonuses, etc. I could easily establish 300K-400K in damages from the past five years, based on what I had been earning. Had I stayed in that job another few years, we'd be better off financially without a doubt.
Every previous job I've left, there have been tears, cake, happy hour afterward, well-wishes, heartfelt words of "we'll miss you." This situation ... wow. This is new territory for me, not being wanted and valued. I doubt there will be even a one-line email announcing my departure. On the advice of counsel, most likely.