Hi All,
I am 42 and seriously considering early retirement in about 6 months.
Here's my situation:
Stressed out/anxious at work, although it is not crazy hours, just soul-draining.
About $1.5M total net worth, .5M of which is in 401(k), rest in taxable acct
No family
I expect to move (closer to my aging parents who could use my help) and buy a home+car outright, spending about $150K total, with anticipated expenses of about $30K/year after that
To fill the time I plan to explore volunteering, taking classes at community colleges, spending more time on hobbies, helping parents.
My major concern is health coverage
Would you do it in my situation or try to grind it out a couple more years or look for a different job?
Thank you all, this is such a great supportive community!
I am 42 and seriously considering early retirement in about 6 months.
Here's my situation:
Stressed out/anxious at work, although it is not crazy hours, just soul-draining.
About $1.5M total net worth, .5M of which is in 401(k), rest in taxable acct
No family
I expect to move (closer to my aging parents who could use my help) and buy a home+car outright, spending about $150K total, with anticipated expenses of about $30K/year after that
To fill the time I plan to explore volunteering, taking classes at community colleges, spending more time on hobbies, helping parents.
My major concern is health coverage
Would you do it in my situation or try to grind it out a couple more years or look for a different job?
Thank you all, this is such a great supportive community!