GMoney
Confused about dryer sheets
I am 55, single, empty nest. I am ready to pull the trigger next year, I have never earned more than 75k a year and currently make 50k. My expenses are $15k a year now, I expect 25k in expenses a year when I retire to include probably 10k in healthcare premiums and expenses for 9 years until medicare. I have 1.3m now, probably have 1.5m by next year. I know I will never spend it all, Investments 91% in stock market in two 401k's, one IRA, and a investment account, 9% other in cash and safe investments.
I looked up Healthcare.gov costs at around $500 a month for good plans. I am a very healthy 55 year old diabetic.
I am looking for reassurance that I have nothing to worry about.
I plan to travel, at least 2 or 3 trips to many overseas locations a year, I'm in Florida. I traveled every week with a previous job with Honeywell and loved going to a different city every week and want to see the world, and believe I am financially able to do it.
I am looking for insight from people who have retired around 56 and had in excess of 25 times their current expenses or 10 times their current income.
I looked up Healthcare.gov costs at around $500 a month for good plans. I am a very healthy 55 year old diabetic.
I am looking for reassurance that I have nothing to worry about.
I plan to travel, at least 2 or 3 trips to many overseas locations a year, I'm in Florida. I traveled every week with a previous job with Honeywell and loved going to a different city every week and want to see the world, and believe I am financially able to do it.
I am looking for insight from people who have retired around 56 and had in excess of 25 times their current expenses or 10 times their current income.
Last edited: