Hello,
I'm a 61yo longtime lurker that now feels the urge to reach out and compare notes with others on ER topics (i.e. I finally have a few questions for the community).
I work at a University in the Boston area. Job is Research/IT related now but I've been at it almost 40 years so I've worked as a programmer, a systemadmin then for many years as a technical manager. I've since dialed it back to an individual contributor for the last few years. I'd like to dial it back even further in terms of hours but that seems unlikely given my circumstances.
I've always been something of a saver and I've luckily married someone that similarly values that trait. My wife is a year younger than I am. We have no children and so do not have a need or desire to leave a large estate.
One major challenge as I see it involves transitioning from net saver to net spender. Despite having accumulated a sizeable nest egg, it never seems enough to guarantee complete confidence despite all my Firecalc/RIP/I-Orp projections. Our expenses have been stable for 2-3 years.
My wife's level of retirement uncertainty is even greater than mine. How do you handle the point in time when you stop accumulating?
I'm sure others have experienced the same feelings. How do you deal with that psychic sense of uncertainty when income finally drops off?
I'm a 61yo longtime lurker that now feels the urge to reach out and compare notes with others on ER topics (i.e. I finally have a few questions for the community).
I work at a University in the Boston area. Job is Research/IT related now but I've been at it almost 40 years so I've worked as a programmer, a systemadmin then for many years as a technical manager. I've since dialed it back to an individual contributor for the last few years. I'd like to dial it back even further in terms of hours but that seems unlikely given my circumstances.
I've always been something of a saver and I've luckily married someone that similarly values that trait. My wife is a year younger than I am. We have no children and so do not have a need or desire to leave a large estate.
One major challenge as I see it involves transitioning from net saver to net spender. Despite having accumulated a sizeable nest egg, it never seems enough to guarantee complete confidence despite all my Firecalc/RIP/I-Orp projections. Our expenses have been stable for 2-3 years.
My wife's level of retirement uncertainty is even greater than mine. How do you handle the point in time when you stop accumulating?
I'm sure others have experienced the same feelings. How do you deal with that psychic sense of uncertainty when income finally drops off?
