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Started By
Message
re: Early Retirement
Posted on 4/29/16 at 7:29 am to dragginass
Posted on 4/29/16 at 7:29 am to dragginass
quote:
paid for house (axles and everything....)
Tires will dry rot on your doublewide the longer it sits. Plan for that.
I'm doing the same thing. I'm 51, plan to retire at 55. I'm basically in the mode of saving 4.5 years of expenses to bridge me to 59 1/2. That is my plan. Luckily for me, my wife is already retired with a pension, and we can jump on her health insurance when we want to. Right now, we are on mine. I have to allow for that as well, and am planning on that cost to be $1500/month.
The good news is I don't have to make this decision now, will make it when I'm closer to 55. The insurance will be my main indicator of retiring early.
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