I just think I would be overall happier if I didn’t have to work. I would have more time to spend with my family, and pursue my own interests.
I’m not sure I see the point of working another 15-20 years just to end up with more possessions and money than I need.
You’re probably right about the 5.5% yield being difficult to achieve. Apparently a 4% withdrawal rate is “safe”. However, I could sleep just fine at night with all the IRA in MO.
Also, my point is I do have enough saved, assuming I can tap income from the IRA.[/quote]
Bad reason to retire. You should work until you can’t so that you won’t have to worry about it when you can’t. If you don’t believe me, read my thread about OT: Health related poll…..
Second, your house isn’t paid off. You are underestimating the affects of the unknown future… If you don’t work, for instance, and you go through a health crisis, it could easily wipe you out in a just few years.
If you hate software, than change your career. But still work.
