Cat-tirement
Recycles dryer sheets
- Joined
- Mar 30, 2013
- Messages
- 285
Since I joined here last year, and reading of those with OMY syndrome, I have repeatedly found myself trying to justify One Less Year instead. When I first started thinking about ER, I figured between 60-62. After not too long, that became no later than 60. That's when I really started using the modeling tools. We ramped up savings % as I dropped the target to 58, then 57, then 56 over the winter. After turning 55 recently, I think I'm ready to go now, particularly with how stress has been ramping up at work. DW fully supports this, and she would continue working until she is 55 (only another 1.5 years).
I have tracked expenses in Quicken for 15 years, so I have a good handle on that. We have no net debt. (Selling our current house will easily pay off our retirement house.) FireCalc, I-ORP, and Fidelity RIP all seem to show I'm pretty good shape. We now have about $1.6M combined in 401k, 403b, Roth, t-IRA, and after tax savings. The SS AnyPIA projects us to have a combined $63k at age 70. I have a non-COLA pension of $27k starting at 60, and DW has a partial COLA pension of $21k starting at 65.
Anyone want to dissuade me from pulling the plug late this summer (after max'ing my 401k contribution of course)?
I have tracked expenses in Quicken for 15 years, so I have a good handle on that. We have no net debt. (Selling our current house will easily pay off our retirement house.) FireCalc, I-ORP, and Fidelity RIP all seem to show I'm pretty good shape. We now have about $1.6M combined in 401k, 403b, Roth, t-IRA, and after tax savings. The SS AnyPIA projects us to have a combined $63k at age 70. I have a non-COLA pension of $27k starting at 60, and DW has a partial COLA pension of $21k starting at 65.
Anyone want to dissuade me from pulling the plug late this summer (after max'ing my 401k contribution of course)?