I've been "spying" on these forums for quite a while. I didn't really feel qualified to post anything. Well, my time has come.
57 and a 35 year long career will have me retired on 8/15/11!!! I started planning for retirement 30 years ago. My "min" was age 55 with 33 years. That had the house paid for and both kids through college. Both of those things happened earlier, I helped both kids get into their own homes, and I just socked it away.
I'm going to be able to retire due to two things: a very good income and living on 50-60% of that income my whole life. This does two things: 1) you save a bunch, 2) you don't have to change your spending in retirement because you did that 30 years ago!
Got doubts and butterflys galore, (medical insurance is my big boogie man, even though I have some of it paid for by my company for now), but I've run the numbers everyway I can. I've just been working for the kids the last few years. Saving a significant amount each month is going to be missed. I'm not sure how I'll react to not saving, or measuring saving by the amount I withdraw.
Another unnerving thing is that I'll be one of the younger folks who retire where I work. Most go 39-42 years if they can. Maybe they didn't save like I did, or are just greedy. I do see greed sneaking into my thinking, probably more than fear.
Anyway, the closer I get, the more it seems to make sense. It is getting Soooo tough to get ready for work in the morning now........