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  1. M

    Thinking of retiring with high school aged kids

    Thanks. Great input from everyone.
  2. M

    Thinking of retiring with high school aged kids

    My question was more around waiting until kids leave for college (both gone in 2023). Does it make sense to walk away now, when we can't have the full "retirement experience" BTW, Firecalc results show 100% success for 2021.
  3. M

    Thinking of retiring with high school aged kids

    Actually my concern isn't the funding of the retirement. I'm pretty confident I'm fine there. My question was really around walking away now knowing I really can't feasibly fully retire until 2023 when my youngest leaves for college.
  4. M

    Thinking of retiring with high school aged kids

    I have use Firecalc and it came back 100%. I did mean i would be taking $100K then pay taxes. Healthcare is included in my estimate and if I pay for college it will be 5 or 6 years down the road. Someone told me it's easier to give money for college when you have it than to ask for it back...
  5. M

    Thinking of retiring with high school aged kids

    Not sure how much more I can provide. I probably should've said I'll have $65K annually between SS and an annuity for DW and I. The $60K is a mortgage at a very low interest rate. 401Ks are invested in 60/40 stocks/bonds. Hopefully that clears it up.
  6. M

    Thinking of retiring with high school aged kids

    I am 60 and DW isn57. We have about $2M in 401K and Lump Sum pensions (depending on tweet of the day). Figure between SS and an Annuity we'll have another $65K coming in in 2015. Only debt is $60 K loan and figure we'll need $100K pre-tax to live on. Both kids will be in college by 2023. To...
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