No. of Recommendations: 0

Thanks so much Lokicious for all the information you have provided.

I look forward to printing this and starting to digest it at lunch time.

I probably should have clarified that while I hope to retire or move to part time work within 5 years, my husband will continue to work full time - so this is not retirement in the traditional sense. Obviously, this exact definition of retirement has been hashed over repeatedly on the Retire Early board.

Nevertheless, I am looking at this from a household perspective.

We each have pension plans that are adjustable for inflation, but my plan is expected to be cancelled by my employer before the end of the year. Therefor, I expect to receive a substantial lump sum in a few months, so I am trying to account for that as well.

As for the poster who mentioned how much money we'll need years from now, I recognize the risks - particularly in the areas of health care in Social Security.

Thanks again to all, MG
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.