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OK guys. I respect the opinions of most of you and wanted your input on this subject if you are older than 53.
I am 53 I am thinking of retiring at 56 I owe nothing except for monthly utilities, insurance, food, projects around the home. My retirement plan is fully funded for a comfortable annual income until I die. I expect to live until I am 75 at the latest. I have planned my retirement to provide income until I am 90 (just in case) I have a full set of tool in the garage along with my 4 cars - which I can foresee taking me to the end. I may work maybe 2-3 months a year for the 6 years after I retire so that I replace current expenses (until official retirement) and afford toys: I am in the process of building an airplane, I may purchase a used motor home and roll over the entire US. I understand that I have no control over health issues and if I get hit by an unforeseen medical issue all my plans could go out the window. I am putting a new 25 year roof on my house this year. So, what, if anything, am I missing that could derail me? This is where I am looking for your input. Were there any surprises that you didn't think of?
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2006 X5 Sport 4.4i |
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