u/Froogle-Lobster

Throw away account created for privacy.

We are late 50's. I'm still working full time and contributing heavily to my pension. My wife is working part-time. Work has taken a turn where I no longer enjoy it and kind of dread Monday mornings - so playing over plans for whether we could retire and what compromises we'd need to make.

Some figures:

• We own our house out right probably around £1m in value. No plan to downsize.
• No debt.
• Both of us will receive full state pension at 67.
• My pension pot is around £900k and contributing £60k a year.
• Wife's pension pot is small - probably around £25k.
• Savings of around £100k
• Probably inheritance in the future, but I don't want to include that in planning.
• Stepping away from my current job into part-time work is possible, but I'm not sure what I'd do.

Our current spend is around £5.5k to £6k a month and I would hope to continue that in retirement .... but that seems a stretch at the moment. Would likely see spend decrease in later retirement - maybe mid-70's onwards.

I'm after opinions on whether what we're after is achievable or how we can make it achievable. Work is affecting my mental health, so something is going to have to give.