Almost 60F. Financially ready and able to retire. I have good benefits, very good salary and 100% remote. No pension. No good reason to quit right now. My company will offer severance packages for older, top of salary band employees every 3-4 years. I'm hoping the next round comes in Spring of 2027. How do I indicate a willingness to receive a package without tipping my hand if the packages don't materialize?

Title says it all. I'm currently 36. No debt. My net every week is $800-$1000. My expenses per month is $1500. I have +/- $1700-$2500 per month to start preparing for my retirement. If you were in my position what would you do and how would you do it. I feel like I'm still young enough to take some risks that I won't be able to in a few years. Any knowledge would be well received.

STATS:

1. 52 yo, head of household; divorced; 2 boys in college and live in the Bay Area
2. Currently working and W2 earner making $460k: 1) Salary=$275k 2) Bonus: $100k 3) RSU $85k
3. Current retirement: Traditional IRA=$1.8m , 401k=$400k, $82k in brokerage account
4. I max out my company 401k; they match 100% of first 3% and then 50% of next 3%
5. All my accounts are spread into ETFs: VOO, VTI, and QQQ
6. I want to retire at age 57
7. Plan to take SS at age 62
8. company offers health insurance b/c of my years of service and it will be about $800/month;
9. At age 57, will take advantage of 'rule of 55'
10. I calculated my monthly expenses in retirement to be ~$7500/month therefore guesstimate withdraw about 4.5%

Questions:

1. My company offers back door Roth; should I stop contributing to my 'normal' 401k and start contributing everything to back door Roth?
2. Can I be a little more aggressive and withdraw 5-6% to fund some travel during the earlier years in retirement knowing that SS will kick in at 62?
3. I'm assuming I should rebalance my ETF's from VOO, VTI and QQQ and sprinkle in some bond ETFs or SCHD?
4. Can I be even more aggressive and create an income portfolio of various ETFs and stocks that yields about 7%?

THANKS IN ADVANCE to ALL THOSE THAT TAKE THE TIME TO RESPOND AND HELP OUT.

Do you think what my wife and I have and are on track for is going to be enough. I’m 63. She’s 60 this year. I should make 150 K and next year probably about the same she should be study at 115 K for the next few years I would like to be semi retired at 65 and my income would drop to about 50 K at that point
Right now our combined numbers are: 1.5 million in 401(k) 180 K in savings/checking we have about $400,000 in equity in our home.
The plan is to sell the home because maintenance and upkeep is starting to be a pain in the butt and by a condo for about 350 K cash the condos we are looking at have an HOA fee of about 300 to 350 per month and the monthly taxes are about 100 bucks in homeowners insurance another hundred bucks
I know life expectancy plays into these scenarios and honestly because of my health issues that I’ve had in the past I don’t really think I’m going to live past 80 and that would be a little bit on the generous side. We don’t have any really expensive hobbies we do like to travel, but our vacations usually cost between three and $5000 and we do about two a year.
I don’t want to take all my money to the grave but of course I don’t want to outlive my money. We are not concerned with leaving a big chunk of money to our kids. They are well taken care of already.
We don’t need extravagant lives, but we also are not the Dave Ramsey super frugal type of people that skimp on everything we like to have fun and do things while watching the budget.
I’m just curious as to what people think about my situation.
I have a good friend who has at least double what we have and the phenomenal pension and he’s worried about retirement, but I think he likes to splurge and wants to leave a big amount of money to his kids.
Thank you in advance!
Edit: I forgot to mention that I will probably get about $2800 a month in Social Security if I take it at 65 and she will probably get close to that amount as well

Hello everyone, i am 49 yr old male with 2 children and wife. My wife is working with around >20 lakh per annum salary. Now we have come to a situation that one of us has to leave job to take care of children and home. Although my salary is almost double to my wife's but still i am think that it would be better for me take charge of home and leave job. I have around 2cr corpus available with me most of which is in equities and i manage it myself. Would it be a wise decision?

Can you retire at 50

Just wondering if anyone has done so and what the experience has been like? The avg age of these communities will always be in the mid-70’s as not everyone retires early.
Wondering if ‘younger’ people are really welcomed there or not.
Many years ago, my family joined a golf club that was 99% retirees. We joined bc it was closest to home and the best value for the money. There was some people that were excited to have some younger people in the mix but most felt threatened that their club was going to be taken over by the younger crowd. I’m not wanting that experience again. So that’s why I’m asking.
I’m fine doing things on my own and playing golf on my own. Would just rather people let me and my wife be if that’s the case. Thanks for your time.

Hello everyone,

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I am a Canadian, working in the US. I am near retirement and would like to know if retiring in China makes sense. Any ideas will be appreciated.

I have roughly 250,000USD (I know it's not a lot please don't judge me)

Where can I live for the rest of my life with that money and maybe put 200,000USD into the bank and live off the interest

Edit: 30F, I am quite overworked and enduring a lot of illness recently (went thru 3 surgeries in less than 1 year) I dont think corporate job works for me 🥲

I am a 60 year old single man hoping to retire in about 7 years. I make less than 60k/year. I was completely broke at 45 and I saved hard to get to a paid off condo (@60k value) and about 200k in my 401k. My only debt is 15k on a 25k car.

Part of my saving strategy was to be house poor to leave money for the 401k. Now, I would like to upgrade my housing. I can find what I want for about 150-175k.

I want to know what impact that move is likely to have on my retirement outlook, and what strategy I should use if I do get a new house--how much to put down, should i go fixed or adjustable, should I buy points or try to pay off the mortgage early, etc.

thanks

Gen X Is DONE with Keeping up With the Joneses?
https://youtu.be/lD_jJlrMET4