u/Waesrdtfyg0987

I am 55 and starting to dislike my job and just bored with it. My performance shows it. Really don't like what I do but it pays and I need it until I pay off debt (kids college+ mortgage)? How do you all get away with this? How do you hang on until 65ish?

I'm 55, married. My partner wants to stay near family in retirement, I want to travel during the go-go years as much as I can get away with.

Income in retirement (today's dollars) SS for about 60k, with expectations for it to be as low as 45k.

Assets IRA - 700k Roth - 300k 401k worth about 30k today, but with contributions + match should get to close to 500k. House - 1M, will be paid off at retirement and downsize

Put all that together, pending market destruction we should do ok. I' ignoring volatility at the moment.

To try and offset longevity risk, I'd like to substantially lower my expenses for maybe the first couple years by moving to a very low cost of living area which the portfolio builds. Costa Rica, Mexico, Spain all with different levels of expenses but definitely a step down from today (maybe not Spain). At the same time, renting out whatever housing I own to help offset in another country.

Has anyone done this - or is planning to - or something similar? What thoughts do you have on my overall plan both good and bad?

edit: Would like to retire before 65, but expect to retire closer to 67. But it's based on the market and how long I can keep working which is a decision I can't make for 5+ years.

My daughter heads off to college tomorrow. It didn't bother me too much but it just hit me that she's the baby of the family. Have one adult kid at home but it's not the same. Life isn't over of course but no idea where to go from here beyond paying.off college and the mortgage. My wife and I are very different than we were when we met and hard to see the future.

Surely I'm not along. What did you do?

My local independent theater is playing T2 and am going to see it today. I don't think I have since early 90s. Looking through clips and such I stumbled upon Guns n Roses.

It's inevitable for most, but I do get sad when certain debut albums I absolutely love end up the artists best work. Appetite for Destruction is still an all time great album but they fell apart after that.

Less about GnR but what other artists did similar?

edit: not trying for opinions of GnR just using them as an example

Len Bias was a 6'8" small forward out of Maryland, widely seen as one of the most talented prospects of his generation. The Celtics took him with the No. 2 pick in the 1986 draft (held in NYC on June 17), and the pairing felt like a continuation of a dynasty.

Two days later, he was dead.

After returning to College Park, he attended a party at his dorm with teammates and friends. They used cocaine that night, and Bias suffered a fatal cardiac arrhythmia as a result. He was 22. His death is often cited as one of the most consequential "what if" moments in NBA history a Celtics team that might have stayed dominant through the late 80s and 90s instead spent 2 very mid decades.