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Subject:  Reverse Dilemma Date:  12/5/2009  3:40 PM
Author:  irishkisser Number:  1347 of 1906

Using many different retirement planning sources, we score 97% or better for the ability to spend $60,000/year adjusted for inflation until we are both 92 years old. Plus, we would have enough to leave a sizable amount to our children. Here is the dilemma: I'm still concerned.

Old habits are hard to break. We are frugal, have no debts, our favorite store is Goodwill, have nice 401Ks, IRAs, other accounts, live on $40,000/year and retired 4 years ago at 58. Reading Dr. Thomas Stanley's new book,"Stop Acting Rich, and Start Living Like a Millionaire", we have done everything right. Should we announce/start a major education plan for our 4 grandkids, buy a southern home and go for it?

I have never seen this dilemma addressed. I would like to hear from only those whom have experienced this dilemma; and, to learn from their successes and failures.
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