I've been lurking for a while and haven't posted my intro post. I'm 54 and my spouse is 57 (DINKs). In my view, we've waited too long to pull the trigger as we move past the FIRE window. When we had our first formal, detailed analysis they said we could go at any time (that was like 7 years ago -- pre 50 would have been great). However, my spouse still believes that we are not in the position to go and wants to wait two more years+.
We have $8.7M in various accounts forms (not including another 1.4M in primary+secondary equity), plus a pension with cash out option that is worth 50K/yr. Our minimum expenses are 120K now, even factoring in health care, and will drop as a mortgage rolls off and pension medical kicks in. In a HCOL area, with a second home overseas.
So any ideas to convince the spouse to pull the trigger? I think it would be after COVID hopefully dies down. Every year we wait the accumulation rate grows by big chunks, with over 250K of new savings each year. That is somewhat of an attraction to keep going, but for what? I've shared various online tools, with various scenario analyses that show 100% success with conservative assumptions.