First of all thanks for all the good info that is posted here. I have been reading EarlyRetirement.org for a couple of years now, and through your many posts, I gained the knowledge and confidence to retire last year.
DW and I live in the Pacific Northwest and both worked for a Megacorp in the aerospace industry. We are lucky that we both are getting a pension (non-cola) and our health insurance is currently only $40 per month, although we don't have dental coverage. We are currently able to get by with a withdrawal rate from savings of about 1%, and still live a comfortable lifestyle.
I'm 57 and DW is 60. We have no human children, but have a 14 year old dog. We both like vegetable gardening and have turned our back yard into a small farm. We like traveling around the northwest, especially places where we can bring the dog. I also enjoy hiking, backpacking and photography. We have been doing some volunteer work such as tutoring at our local library and I've been working with an organization that does trail maintenance. Also, I'm blessed to still have both my parents, and have been able to spend much more time with them during the past year. A lot of people warned me that I would be quickly bored during retirement, but I'm happy to report that has not been the case.
I will probably have questions in the future about some things I'm not clear on regarding Roth IRAs, withdrawal strategies, etc. Also hope to contribute to the forum in the future.
Thanks again,
Bob
DW and I live in the Pacific Northwest and both worked for a Megacorp in the aerospace industry. We are lucky that we both are getting a pension (non-cola) and our health insurance is currently only $40 per month, although we don't have dental coverage. We are currently able to get by with a withdrawal rate from savings of about 1%, and still live a comfortable lifestyle.
I'm 57 and DW is 60. We have no human children, but have a 14 year old dog. We both like vegetable gardening and have turned our back yard into a small farm. We like traveling around the northwest, especially places where we can bring the dog. I also enjoy hiking, backpacking and photography. We have been doing some volunteer work such as tutoring at our local library and I've been working with an organization that does trail maintenance. Also, I'm blessed to still have both my parents, and have been able to spend much more time with them during the past year. A lot of people warned me that I would be quickly bored during retirement, but I'm happy to report that has not been the case.
I will probably have questions in the future about some things I'm not clear on regarding Roth IRAs, withdrawal strategies, etc. Also hope to contribute to the forum in the future.
Thanks again,
Bob