I'm in the camp that says you've got enough money, assuming you follow typical FIRE investment thoughts.
That being said, only you and your wife know if the time is right.
I ER'd at 46 a little prematurely as per my big-picture plans. I had a new boss at the time that I found to be unpleasant. Just a couple of months after I left that boss left, then the CEO asked me if I wanted to come back, and I told him we could do 3 days/week. (my boss knew full well about my ER) So that went on about a year and I decided to pull the plug for good at 47.
I'm single, no kids, and NW was 1.6MM at the time. It's been more than enough money, but I haven't yet run into a large unanticipated bill.
In my mind, ER was always the goal, so I don't have that level of uncertainty about it. If you can find any way to do a trial run, perhaps that will set your mind at ease.
Having worked in silicon valley, I knew lots of people that could have retired just based on their value of their home. Of course they'd pretty much have to sell and find another home in some other location, so I don't think I know anybody that went through the process of doing that. But hey, it worked for me, so, to each their own.
That being said, only you and your wife know if the time is right.
I ER'd at 46 a little prematurely as per my big-picture plans. I had a new boss at the time that I found to be unpleasant. Just a couple of months after I left that boss left, then the CEO asked me if I wanted to come back, and I told him we could do 3 days/week. (my boss knew full well about my ER) So that went on about a year and I decided to pull the plug for good at 47.
I'm single, no kids, and NW was 1.6MM at the time. It's been more than enough money, but I haven't yet run into a large unanticipated bill.
In my mind, ER was always the goal, so I don't have that level of uncertainty about it. If you can find any way to do a trial run, perhaps that will set your mind at ease.
Having worked in silicon valley, I knew lots of people that could have retired just based on their value of their home. Of course they'd pretty much have to sell and find another home in some other location, so I don't think I know anybody that went through the process of doing that. But hey, it worked for me, so, to each their own.