Cut-Throat said:I've been unemployed now for 5 years and 3 months. - I'm not retired because my wife still works.
The question was directed to CT but I will answer with respect to my wife. Number one - she likes what she does. She would like to cut back to part time and possibly get on a couple of boards so she can keep her finger in the field while doing more traveling, etc. Number two - she is overly concerned with sustainability in retirement. She makes a lot of money (partner in a law firm) but has a hard time wrapping her head around how much lower our expenses are than our income. She will not be truly comfortable until we have DD out of college (one more year) and the nest egg (which we continue to furiously fund) is well over what Firecalc says we need to sustain our lifestyle and then some. All of this would be good news to the kids if they were paying attention to what it means for them when we kick the bucket. The reality of our situation is that she could have retired when I did two years ago without a hiccup in our lifestyle.DOG52 said:What kind of work does your wife do? Does she make so much it's hard to quit or she just enjoys work? Just wondered why she hasn't retired.
DOG52 said:What kind of work does your wife do? Does she make so much it's hard to quit or she just enjoys work? Just wondered why she hasen't retired.
As for me, I'm still in the working womb. I'll let y'all know next spring how retirement is going.
Cut-Throat said:And she's 8 years younger than I am.
I'm not C-T either, but here's our version.DOG52 said:What kind of work does your wife do? Does she make so much it's hard to quit or she just enjoys work? Just wondered why she hasen't retired.