Franklin
Recycles dryer sheets
OK, Ive run the models and think I am ready. Lets me share my numbers and get your advise or expertise.
I am 62 and my wife is 55. Both are now gladly retired. We have saved $6,000,000 in an IRA and have $2,100,000 in cash and bonds. So a total investable egg of $8,100,000. The house will be paid off next year. We will spend bout $250K annually after tax on enjoying life. My immediate worry is bridging to 65 Medicare and will just pay Corba until then. I think I've got this covered but would like your opinions. My calculators say I am ready for take off but this is scary to a guy who has worked since hi school.
I am the youngest of 3 boys and both died at 65. My brother just passed from a stroke after receiving 3 SS checks. The 3rd check was recalled because he died a week into the period. All this was sobering enough for me to say it's time to stop and smell the flowers!!.
Opinions?
I am 62 and my wife is 55. Both are now gladly retired. We have saved $6,000,000 in an IRA and have $2,100,000 in cash and bonds. So a total investable egg of $8,100,000. The house will be paid off next year. We will spend bout $250K annually after tax on enjoying life. My immediate worry is bridging to 65 Medicare and will just pay Corba until then. I think I've got this covered but would like your opinions. My calculators say I am ready for take off but this is scary to a guy who has worked since hi school.
I am the youngest of 3 boys and both died at 65. My brother just passed from a stroke after receiving 3 SS checks. The 3rd check was recalled because he died a week into the period. All this was sobering enough for me to say it's time to stop and smell the flowers!!.
Opinions?