Well I have finally decided to think about retiring ,
I have worked from the time I was 17 years old when I joined the military straight out of high school, I am 45 now and lately have started to think about pulling the plug on working full time.
I have two retirement pensions locked in, but here is the deal on those, one is a federal that starts at age 60, the other is a state that starts at age 55, then of course I would have social security if there is any left when I reach that age.
I have done pretty well with my investments in real estate and I am currently debt free, I own my home free and clear, all my vehicles and currently have only the recurring monthly expenses that everyone has such as food, gasoline, and electric.
My wife works in a well paid job and plans to keep on plugging away at it, she has a 401K which we can tap later in life, we have been married 26 years and she is 43.
She tells me to " just quit " about every day, I think she wants me to have more time around the house to do stuff for her, lol.
We currently have about six years of my net salary in the bank in liquid assets, for the past three years we have been using my salary as living/spending money and just depositing her's in the bank, she makes appx 3 times my base salary.
A word about health care, mine is fully paid by the job, hers is an add on at my job and we pay a small premium for this coverage, we could switch this around to her job's health care but would have to pay a slightly larger premium for the both of us as her's is not provided there,
We also have military retiree health care, full benefit's.
I " want " to quit , but just can't seem to pull the plug, so there it is...
Any thoughts ?
Todd
