Retirement at 60?
Starting to plan our future retirement, and playing with the numbers on various retirement calculators, it appears we are perhaps in better shape than I thought. 60-62 has been our goal. Feedback appreciated! Married, Oregon residents, 59 years old, wife is 59. 401K and IRA balances combined are approximately $1,150,000. Currently contributing 18% pretax. $350K in HY savings account. House paid off, $475K value. No debt, both cars paid off. Current salary $82K gross plus $10K average annual bonus. SS at 65 is about $2300 a month, $1760 if I take it at 62. My wife SS is about $1000 per month. Wife has been a homemaker for several years. Obviously health insurance will be a concern (maybe qualify for ACA subsidies?) until Medicare but it seems like we are on track,.... Thoughts?