SakeShiraz
Confused about dryer sheets
Hi,
I'm a 53 year old who was until recently employed as a consultant in statistics and economics. I was for a long time a "rainmaker" at a couple consulting firms (sort of like a partner at a law firm). It was an "eat what you kill" situation, and my client base had dwindled due to certain changes in regulations and laws.
Anyway, we have no kids. Until now, we've split our time between Chicago and Florida. We just sold the Chicago condo for a healthy profit, since it's in a hot neighborhood. We plan to now live mostly in our SW Florida home. That home has about 200K left on the mortgage, which has a very low rate (2.75%), so I don't want to pay it off right now.
Our asset base is 2.4M, currently almost exclusively in stock ETFs. We plan on living on 100K/yr. This will be a step down for us, but we've lived all kinds of lifestyles before (graduate school on 800 a month!), so we're not too worried.
Health insurance is obviously a huge concern for us. In addition, I may do some independent consulting, but I can't be sure how much that will bring in or how much I want to do it (I don't really love it any more).
We're considering living abroad for a while, partially due to the health insurance issue, but also because we're adventurous people. Panama and Mexico have both come up as ideas. Also, I have dual US/Irish citizenship, so I can work anywhere in the EU.
Any advice or ideas are very welcome. Thanks!
I'm a 53 year old who was until recently employed as a consultant in statistics and economics. I was for a long time a "rainmaker" at a couple consulting firms (sort of like a partner at a law firm). It was an "eat what you kill" situation, and my client base had dwindled due to certain changes in regulations and laws.
Anyway, we have no kids. Until now, we've split our time between Chicago and Florida. We just sold the Chicago condo for a healthy profit, since it's in a hot neighborhood. We plan to now live mostly in our SW Florida home. That home has about 200K left on the mortgage, which has a very low rate (2.75%), so I don't want to pay it off right now.
Our asset base is 2.4M, currently almost exclusively in stock ETFs. We plan on living on 100K/yr. This will be a step down for us, but we've lived all kinds of lifestyles before (graduate school on 800 a month!), so we're not too worried.
Health insurance is obviously a huge concern for us. In addition, I may do some independent consulting, but I can't be sure how much that will bring in or how much I want to do it (I don't really love it any more).
We're considering living abroad for a while, partially due to the health insurance issue, but also because we're adventurous people. Panama and Mexico have both come up as ideas. Also, I have dual US/Irish citizenship, so I can work anywhere in the EU.
Any advice or ideas are very welcome. Thanks!