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Wife and I have close to $3M in stocks, bonds, cash, annuities, 401K, etc. We would be 60/64 in 2020,or 61/65 in 2021 so we would still not be eligible for full SS, or medicare, so we would need to purchase Health Insurance until we both hit 65. We are estimating we would need about $120k/net per year for our lifestyle. My wife would take her SS at FRA, of 66.5, and I would try to wait til 70 to maximize mine. Trying to figure out if we have enough to pull the trigger and retire, without worry? There will be some inheritance down the line, hopefully way down, but we can estimate that at about $500K conservatively. I have done so many calculators and Monte Carlo simulators and some say we are fine, others say we still don’t have enough. So many of you are more knowledgable than me on this, I thought I would ask. Thanks.
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