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I think people with non-cola pension and annuities could be hurt a lot over time with inflation, pays to be diversified but some people will suffer.

As retired people inflation will vary greatly for all of us. Can always travel stateside instead of world travel. No business clothing , Use 1 car instead of 3,house long paid for, easy choices if necessary. I think most of us will be fine.

I do appreciate the advice

Glad you caught this, I personally could be ready now but wife is not. Another key factor is we have been attempting to groom our two kids to take over the business, They do an ok job right now, but with a business that we have grown from nothing, OK isn't good enough. Competition is fierce and...

Anyone else here financially independent but not retired? I own a small chain of coffee shops and could easily afford to retire but have not done so . I have downsized from 80 plus hours to about 20 but still find myself watching the cameras from home. My wife still lives at the shops it seems...

having children

Congrats on marathon, i would be in the morgue.

I have to echo an earlier poster, if you can use points for business grade upgrades it is way better than the cash back feature. Can often get at least 3 % or more per point and occasionally more. Plus it takes the bite out of the highly priced seats which i am normally too cheap to pay for...

congrats, feels good, I hate debt even so called smart debt, not for me either. Enjoy the fruits of your good planning.

Sounds like you are doing fine, and the 20$ an hour i pretty good if just doing it for extra money,I have many employees and only my baker and my kids make that much,the rest are minimum wage or just over, congrats and enjoy, seems like you have a good situation.Worry about what your friends and...

enjoy your retirement

I am from Mass and I think you should stay and pay a lot of taxes, someone has to pay the bills. Thank in advance.

Seems to good to be true, so i would be suspicious, I have played with lending club and have averaged just over 9% with defaults included, but have never loaned for near that rate. I only play with $$ on this, I don't really count on it, But I have been very happy so far. For me it is gambling...

congrats, keep enjoying your retirement and and stay healthy. Money and even time means nothing without your health.

I play the credit card game with both me and my wife. with the changes in Chase policy I have to give one a two year breather and start again.But to me at least counting this as net worth is silly. If i was cutting it this close I wouldn't even consider retirement.

12%

Agree TROLL!!! I feel bad I actually tried to get him to make health changes. Perhaps mental health???

Congrats, what was your decision on where to get the down payment?

Another reason is European Central Banks are buying way more bonds than U.S central banks. We have easy money here right now but not to the extent of Europe or Japan. The zero interest rates there are hoping to get companies to spend and invest. This helps to prop up equities but hurts savers...

It seems your more than fine with your plan and likely your neices and nephews will love you $$$ some day with your current plans. My question on pension is how secure (well funded) are they? Do the math on what they are worth and the decision gets easier.

I think the main thing involved is that growth expectations are higher in the U.S than Europe today. At least this is what the talking heads on CNBC say.

Either choice will work for you and if you really love that stock that much Runningbums option seems fine. My only point is that stock is only worth the going rate, it may go up and it may go down,its worth whats its worth not what you think it may be worth. If this is your "perfect" house and...

Sounds good as long as you lose the financial adviser and closely watch your spending increases. My only question is wife totally on board with your retiring while she works? If so she is a keeper.

Hristomilo, this has been much discussed and is an individual decision. Given OPs health issues might be correct choice to take at 62.

I don't think as a CPA you need any financial advice from me. You will be fine as long as you and your wife stay on the same page, and don't let financial creep happen as your income gets larger. Its easy to say you wont but sometimes harder to stop. Good luck and time and investing wisely can...