How prepared are you for retirement?

[R8RFAN]

Originally Posted by mlyonsd

Wife and I are on track for 65 but I'd like to leave my current job at 62 and start up some kind of business we both would enjoy. Bed and breakfast or cafe are leading the list.

I hate sitting around so I see myself working late into life.

Thats all a great idea but the problem will be health insurance, it will eat you alive.

[mlyonsd]

Originally Posted by R8ers

Thats all a great idea but the problem will be health insurance, it will eat you alive.

Once I hit 62 I'm eligible to buy good/subsidized health insurance from my current employer.

I understand that's 10 years down the road and anything can change.

[R8RFAN]

Originally Posted by mlyonsd

Once I hit 62 I'm eligible to buy good/subsidized health insurance from my current employer.

I understand that's 10 years down the road and anything can change.

I hope it works out for you man and your dream becomes a reality.

[mlyonsd]

Originally Posted by R8ers

I hope it works out for you man and your dream becomes a reality.

Thank, but if it doesn't, my wife is 2 years younger than me and cut a deal when are kids were born. She said for every year she stayed home to raise them she'd work 2 years longer than me.

So technically she should be working 10 years longer than me. We're in contract talks to determine if that can be reduced. My current proposal is I'll cut it to 5 if she works two jobs.

[R8RFAN]

Originally Posted by mlyonsd

Thank, but if it doesn't, my wife is 2 years younger than me and cut a deal when are kids were born. She said for every year she stayed home to raise them she'd work 2 years longer than me.

So technically she should be working 10 years longer than me. We're in contract talks to determine if that can be reduced. My current proposal is I'll cut it to 5 if she works two jobs.

Good luck with that I would love to hear that discussion.