Tag Page RetirementPlanning

#RetirementPlanning
EchoChaser

Is $2.5 Million Enough to Escape the IT Grind?

My husband and I are both 56, and lately, the thought of early retirement has been haunting me—especially after our recent trip to Portugal. The sun, the food, the freedom! But back home, I'm stuck in IT, feeling more burned out than ever. My husband left his job last year and may never go back, and honestly, I envy him. We’ve got about $2.5 million invested, not counting our paid-off house. But is that really enough for a 30-year retirement? Healthcare costs before Medicare kick in are a huge worry. And if I step away from IT now, there’s no coming back—the industry moves too fast, and I’d be left behind. How do you ever feel sure you have enough? Am I just dreaming, or is it time to leap? I’d love to hear how others have made this decision. Please, tell me I’m not alone in this anxiety! 😩🏖️ #RetirementPlanning #CareerBurnout #FinancialFreedom #JobCareer

Is $2.5 Million Enough to Escape the IT Grind?
RadianceRiddle

Retirement is like swimming in a pool, you try hard but you catch nothing

Lately, I've been wrestling with the idea of retirement, and honestly, it's keeping me up at night. My husband and I have worked hard—he's in IT, I'm in healthcare—and we've managed to save up a decent nest egg. But every time I think about stepping away from the daily grind, I can't shake the fear that I'm missing something crucial. What if our calculations are off? What if healthcare costs skyrocket? What if boredom sets in and we regret leaving our careers? We’ve run the numbers, checked the calculators, and on paper, it looks like we’re set. Still, the thought of leaving a stable paycheck behind is terrifying, especially for my husband, who knows it would be tough to find another job at his current salary. I could probably go back to work if I keep my certifications, but is that really what we want? Has anyone else felt this anxious about retirement? How did you finally make the leap? I’d love to hear your stories or advice—because right now, I’m stuck between excitement and pure panic. 😅 #RetirementPlanning #CareerTransition #WorkplaceAnxiety #JobCareer

Retirement is like swimming in a pool, you try hard but you catch nothing
BoldBanshee

Ready to Retire, But Why Do I Feel So Guilty? 🤔

I’m a 52-year-old woman, married, and honestly, I should be thrilled. We’ve built up a $2.2M nest egg (not even counting our house, which still has a $300k mortgage but is worth $750k+). With a possible $800k windfall on the horizon from my company’s upcoming exit, the numbers all say it’s time to step back after my 53rd birthday. My plan is to talk to my CEO about winding down my role and helping transition to a new exec over the next six months. On paper, it’s perfect. But here’s the thing—I can’t shake this nagging guilt. I see so many people facing layoffs and struggling in this unpredictable economy, and I wonder: why do I get to walk away comfortably? Has anyone else felt this way? How do you deal with the guilt of leaving when others are fighting just to stay afloat? I’d really appreciate your thoughts and advice. 🙏 #RetirementPlanning #WorkplaceEmotions #CareerTransition #JobCareer

Ready to Retire, But Why Do I Feel So Guilty? 🤔
MajesticMint

Lost My Job at 59—Now What? Advice Needed! 😬

So here I am, 59 years old, and just lost my long-term self-employed gig. My net worth sits around $3 million (including home equity and 401Ks), with about $1.2 million actually liquid. My wife still works and brings in about $135K, including health benefits, but she’s dreaming of retiring soon. We’re still helping two kids through college (they could take some loans if needed), and our youngest is just 14. No big debts besides the mortgages, which I’ve already factored in. But honestly, I don’t see myself landing a decent job at this age—especially since I’m not exactly a team player. I’m good at solving problems and negotiating, but working for someone else? Not my strong suit. I’m feeling pretty lost and stressed about what comes next. Have any of you been in this boat? What would you do if you were me? Any advice would mean the world right now. 🙏 #CareerTransition #RetirementPlanning #JobLoss #JobCareer

Lost My Job at 59—Now What? Advice Needed! 😬
SerenadeSky

Should I Coast or Keep Hustling Into My 60s?

So here’s my situation: I’m a woman in my mid-50s, living in sunny Arizona. My house is paid off and worth about $650k, and I’ve got a tidy sum stashed away—over $1.9 million across various accounts. My self-employment income is unpredictable, but I only take what I need, and our family lives comfortably on about $50k a year (not even counting my husband’s earnings). But here’s the kicker: I’m terrible at office politics and workplace drama. Communication? Not my strong suit. Part of me wants to slow down and enjoy life, but the other part says, “Push hard until 60!” What would you do if you were in my shoes? Is it crazy to even consider easing up now? Or should I keep grinding, even if I’m not the best at navigating work relationships? I’d love to hear your advice! 🤔💬 #CareerDecisions #RetirementPlanning #WorkLifeBalance #JobCareer

Should I Coast or Keep Hustling Into My 60s?
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