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"Do I like my job?" It's a little complicated to answer. I am a regional director for a big box retailer. It's not an easy job - pressure, politics, metrics to make, on call 24/7, 13 direct reports spread across five states, etc. I think I am pretty good at it and seem to to be well thought of...

Very well said. For us, the additional money would be more for peace of mind and not additional lifestyle. We are both healthy and active at 58 but I expect to slow down a lot around 70 and not sure I will be here after 80. Just trying to be realistic and planning things based on data and...

Original poster here. Appreciate all the input from everyone. A couple of thoughts with some of the recent posts in mind. While I grew up with very little and have ended up financially better off than most, I don't think I will have much of an issue walking away from the status and identity...

Wow. I truly appreciate all the thoughtful responses.

Wife wants to retire now. I am the hesitating and that is only for financial reasons. I have a lot more incentives to stay working than she does.

I hear you on that. I know we can retire now - could have last year. We grew up with very little and are very handy and frugal. I could live well on far, far less than we have.

Appreciate you sharing. Same here - we have a long list of hobbies and interests and things we want to do. Have played with the ACA site. First full year of retirement we should qualify for significant subsidies as we should be able to keep our income low due to the cash on hand and the...

Yes - FireCalc says we are100% good to go. Sorry to hear your health turned at 70. That's the main reason we are leaning towards going now. Want to get as many healthy years we can to travel, play golf and tennis, hike, etc. We are pretty active right now but I know we could be a day away...

Decision time for us. Wife and I just turned 58 and could retire this year with: ~$4M nest egg ($2.1M Taxable, 1.4M 401K, 300k Roth, 200k cash) No debt. Paid off $750k home in medium cost of living area. Kids all grown up and out of house At 62 we could get about $60k in SS. Not sure when...

First year we may not qualify for subsidies. I penciled in $15k per year on average for health insurance. We should qualify in year two of retirement for subsidies.

Looking more and more like we will pull the trigger in April of 2025 (around six months to go!). High level, here's what we should look like in April: Both of us will be 58. $3.5M in investments. About 50% of which is in taxable accounts so we will have a lot of flexibility on where to draw...

Congratulations!!!

I have focused on retiring at 60 at the very latest for a very long time. We really want to enjoy the "go go" years from 60 to 70 to do some things, assuming we will have to slow down at some point in our 70s. So, even if things happen and our nest egg shrinks, happy to retire at 60 with...

We have penciled in April 1, 2025 as the day we will retire or stick around and work for a bit longer and pad the nest egg. That will depend on a number of things, mostly how much we are enjoying or not enjoying work. We will both be 58.5 on that day. 60 is a hard stop for sure. Between now...

Ten Years Later Well, a little more than ten years after I was excited to hit 500k at 46 years of age......... Just turned 57, planning on checking out about a year from now and we just hit $3 Million in retirement savings. Ten really great years at work in terms of compensation combined with...

We were in San Antonio for a week of vacation a couple of weeks ago. We had never been to SA before and had a really terrific time. We stayed right on the Riverwalk (Canopy by Hilton) and did all the touristy stuff and had great experiences at all the bars and restaurants. Walked up to the...

Funny - just found this thread. Haven't been on the forum for a few years. Our updated target for retirement is also Fall of 2024 when we both turn 58. Everything financial and personal keeps pointing to that date and we look to be right on track.

Humanities major who ended up in retail. (retail??? everyone hates retail!) Started at 17k a year 22 years ago. Will make 350k this year. (many promotions) Was saving a TON the last 4-5 years when my pay about doubled. Just had my divorce finalized. Ex-wife took half. Need to save...

Yup. Probably happens to a lot of us. I got "stuck" in retail. Only job I could find out of college - eventually made way more than I could make elsewhere if I left the industry. Retail owns me!

Yep - well said. I try to limit the stuff on vacation as well but megacorp pays me very, very well. I am ok with a couple of interruptions to my vacation and a few evening and weekend emails/calls each week. My bonus last year was more than double the average US household income. For that, I...

Yes in my case. It's an interesting moral question. Personally, I see it as my call as to when I want to retire if the decision is based on an average retirement lifestyle versus a more luxurious one.

let's say she was somewhere south of happy. but she'll get over it

Boy does all this sound familiar. My DW has always been a stay at home Mom. I am 47, she is 44. I expect to retire somewhere between 55 and 60. I recently told her I may be want to retire at 55 with a more modest lifestyle instead of, say, 60 with a more luxurious lifestyle. She seemed unhappy...

That is a great car. Enjoy!

I sincerely appreciate everyone's responses. The realtor showed us the house tonight. Interesting place. Gorgeous lake, in great condition on the outside but some parts of the house inside need serious updating. It would cost us some money to make it look the way we want. Probably 800-850k...