Hi I’m new here and recently furloughed, now a severance package and I’m gone at age 62. Need some advice and understanding of my financial situation which hopefully is ok and that I can enjoy retirement without having to go back to work, so here goes. Married with combined savings of $1M. Wife still working for 2 years because of excellent health care coverage for both of us, she is also 62. We both have pensions which the combined amount is $51K before tax. Home is not paid for which is ok, same with vacation home. We currently make enough to cover all expenses but might need to start taking money out of something at age 63 to make ends meet. I know this sounds odd, but will we be ok?? And is it necessary that I go back to work??