I don't quite meet your criteria because I ER'd at 52 rather than 50 but other than that yeah. It's now 13 years latter and I'm 65, my wife is 67 and I have a disabled son (veteran) living with us. All I can say is it has been great.I've attempted to dig through old threads here to answer this question but haven't uncovered one yet.
I realize that expenses are what really drive feasibility and that every circumstance is different.....but I'm curious to know if there are a decent number of folks on this forum that have successfully retired with $2M in assets or less, no defined pension, no company subsidized health insurance, when they were 50 years of age or younger? I may as well throw a spouse and a kid into the mix, as I have both
Lastly, if you meet the criteria above and its been more than a year or two since you pulled the plug...how would your access your situation now? Happy as a clam, a tad nervous, wish you'd of hung on longer?
I'd love to hear from you!
Thanks-Syd
We moved from a high cost location (Bay Area California) to a lower cost area (SW Oregon) no regrets. Took SS at 62 which a lot of folks @ this forum will advise against but it felt right and it was the right move for us.
Conservative 50/50 equities/bonds allocation mostly in lower cost Vanguard Funds except for a few dumb legacy fund investments from the long ago time when I paid attention to financial media. Our expenses fit right into that 60 to 80K band that is purported to be a comfortable middle class happiness plateau. This ER business works for us, not nervous and if I had hung on longer I'd probably be dead for a while now from the stress from my old job.