Close to retirement and facing the truth
My husband and I are a couple years away from retirement. We had kids later in life and had three in college at the same time and it almost wiped us out. The plan is to go at 65 but perhaps wait until 67 providing our health holds out. I have a pension that will run about $4000/mo. Each of us will have about $2,700/mo in SS. We have $300K in a 401k and 100,000 in a 457 account. Small mortgage on the house. I have zero credit card debt, husband has about $10k. My husband also admitted that he stopped paying on our life insurance years ago so none of that. Is it worth it for us to try and meet with a financial planner to see if there is any way for us to maximize the time we have left while working? I fear we will be living out of a cardboard box. lol. Any suggestions from you smart people? Thanks for listening.