One Week to Retirement

[Buehler445]

Congrats my man. That is the goal.

I don't have any great advice, other than take care of yourself. That's a holistic statement. Mentally, physically, emotionally, financially.

Both of my grandpas worried about money shitload after they retired because they both said after a certain point they can't go earn any more.

Both of them ended up in the rest home and needed a fair bit to sustain them.

Interestingly, my paternal grandpa was in and died in 08 (pre-Obamacare) and the cost was like 2500 a month. My maternal grandpa is in now and it's 10K a month. NO financial professional expected that back in 08. So make sure you are prepared for some unexpected shit. If you're 65 (ish) now there is a pretty good probability either you or your wife has 30 years yet, so it is important to have quite a bit more than you need right now.

My advice is to educate yourself. I have no problem seeking the advice of a professional, but double check everything and look up as much information as possible.

I'd also recommend not putting off any procedures any longer than necessary. My dad has had several procedures (mostly orthopedic related) and I've noticed he doesn't bounce back as quick as he used to. Life comes at you fast.

Enjoy it. Your position now is why I do what I do.

Originally Posted by notorious

I'd go crazy if I retired.

We will see in 10 years if I feel the same way.

Enjoy it, man. My father retired years ago and he's handling it great. Has a lot of hobbies, keeps occupied. My mother, not so much.

**** your stupid face. I'd retire today if I could ensure financial security. I'd pay real money to take a step away from the grindstone.

[Mosbonian]

Originally Posted by Buehler445

Congrats my man. That is the goal.

I don't have any great advice, other than take care of yourself. That's a holistic statement. Mentally, physically, emotionally, financially.

Interestingly, my paternal grandpa was in and died in 08 (pre-Obamacare) and the cost was like 2500 a month. My maternal grandpa is in now and it's 10K a month. NO financial professional expected that back in 08. So make sure you are prepared for some unexpected shit. If you're 65 (ish) now there is a pretty good probability either you or your wife has 30 years yet, so it is important to have quite a bit more than you need right now.

Without going into greater detail I am comfortable in saying that I do not have 30 years left...if I live to 80 I will consider it a great victory.

But I have planned for my wife for beyond my passing.