Hello all,
I've been lurking in the shadows for quite sometime and it has come to the point that I'm going to need input as the the wife and I take the leap into early retirement here in a couple of years at age 62 or 63. We've didn't make much money in our younger years and focused on paying off the house to eliminate debt. Investing more back then instead would be been the better choice but oh well. In our 40;s and 50's our incomes took some nice jumps so we started saving pretty hard and maxing out 401s and then transitioning to Roth's once we understood the need for those. That level of saving was only possible on our incomes by living a rather frugal, almost too frugal lifestyle... Over time the stock markets have been good to us by staying in the game using target date funds through our work and then into Van Guard target date funds.
My current employment is likely to end in 2025 maybe 2026 as the company winds down so planning to call it a day when that occurs. The wife's job is stressful at times and quite sure if we said we are retiring at the end of this year she would be all in...
I've been lurking in the shadows for quite sometime and it has come to the point that I'm going to need input as the the wife and I take the leap into early retirement here in a couple of years at age 62 or 63. We've didn't make much money in our younger years and focused on paying off the house to eliminate debt. Investing more back then instead would be been the better choice but oh well. In our 40;s and 50's our incomes took some nice jumps so we started saving pretty hard and maxing out 401s and then transitioning to Roth's once we understood the need for those. That level of saving was only possible on our incomes by living a rather frugal, almost too frugal lifestyle... Over time the stock markets have been good to us by staying in the game using target date funds through our work and then into Van Guard target date funds.
My current employment is likely to end in 2025 maybe 2026 as the company winds down so planning to call it a day when that occurs. The wife's job is stressful at times and quite sure if we said we are retiring at the end of this year she would be all in...