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Author: tsouth Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76084  
Subject: Re: Do I have enough? Date: 9/4/2000 5:20 PM
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That depends greatly upon what you want to do in your retirement. Do you want to travel the world several times over? You might find yourself hard-pressed to afford that lifestyle. Do you want to go to a part-time work schedule? That might be more manageable.

You should discuss with your wife what you think of when you say "retirement". You should try to have a plan -- it seems like many people who don't have a plan, quit their jobs and then don't know what to do with themselves. Look into the costs and options for health insurance. And run some numbers to see what kind of lifestyle you could afford. It may be that a transition period is the way to go. This could be a one or two year period where you don't work as much (work part-time, take more vacation, or just work less overtime) and start doing some of the things you say you want to do in retirement -- maybe you'll volunteer, travel, whatever you think will make you happy. Then, you'll know whether or not those activities really do make you happy before you give up your position.

Best of Luck,

Teresa

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