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Subject:  Re: Do I have enough? Date:  9/4/2000  9:01 AM
Author:  rjm1 Number:  24569 of 88512

Thanks to some astute (or lucky) investment decisions I find myself at the age of 57 with a nice pot of money in my
retirement accounts. We have no kids and the house is paid off. Present annual income is about $60K.

If I take an early retirement I will get a small pension of about $700/month. I'll get maybe $1200/month from Social
Security starting in three years at age 62.

The retirement funds are over $600,000 at the moment. Is that enough to retire on?

Also, my wife thinks I am “too young” to retire at 57. Any opinions on that?

You can take 4% to 5% out of your 600,000. That's 24,000 to 30,000. Don't forget medical insurance.

See for more info.

Note a link is on the site that takes you back to the Fool and another board on early retirement.
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