Questioning myself

[giramomma]

I actually feel like I have purpose. And except for time for a ton of hobbies, theses days, I do spend quite a bit of time doing what I want outside of work.

But, its still a quiet, rather ordinary life. What's going to attract more oohs and ahhs- changing diapers for a decade or out of state travel? Volunteering to package up a couple thousand pounds of food for food pantries during a pandemic or eating out at nice restaurants? Being a den leader or..

And the list goes on and on.

I'm quite happy and feel blessed all things given. That doesn't negate the fact that my life is ordinary.

[finnime]

I think the pandemic has opened up questioning the work and lifestyle paths they're on for a lot of people, and it should be that way. It's easy to get onto the conveyor belt of school--work--work--work--retire and not look ahead. You and your satisfaction with your life and its living matter.

[TheOtherMe]

I had really been struggling with everything after my dad died.  Before I had my head wrapped around it, the pandemic started, so I was mostly home.  Too much time to think.  

I am so happy I was willed my aunt's genealogy.  That has given me purpose again.  I don't know how many people in my family will care (I know one 2nd cousin cares), but it will be there for later generations.

[wanttofire]

Hi Ava - How much money do you think you will need at retirement? Right now basis what you have and if you are contributing $19,500 a year you will have about $1.2M when you are 65. If you pull 4% a year that will give you $48k plus social security.

[Ava]

Jul 2, 2021 23:41:21 GMT -5 wanttofire said:

Hi Ava - How much money do you think you will need at retirement? Right now basis what you have and if you are contributing $19,500 a year you will have about $1.2M when you are 65. If you pull 4% a year that will give you $48k plus social security.

I've no idea how much I'm going to need. I just save the max.
Depends on many factors; where I'm going to live, how early I want to retire.
If I were to retire in Uruguay at 65 with $1.2M plus SS, I would be rich.

Right now, my idea is to work full-time till I'm 60. Then move to Miami and work there. It can be a part-time job, full-time if I can find it. But nothing too stressful. I would like to downshift at that age.
Then I would work for as long as I can or want. I would either stay in Miami and do long visits to Uruguay, or move completely to Uruguay.

Before the pandemic, the plan was to call it quits at 60 and move full time to Uruguay.

If I live in Uruguay full-time, healthcare is very affordable. If I stay here and things don't change by then, healthcare will be very expensive.
I would need a car in Miami, but I can live in Uruguay without one.

[wanttofire]

Jul 3, 2021 10:55:46 GMT -5 Ava said:

Jul 2, 2021 23:41:21 GMT -5 wanttofire said:

Hi Ava - How much money do you think you will need at retirement? Right now basis what you have and if you are contributing $19,500 a year you will have about $1.2M when you are 65. If you pull 4% a year that will give you $48k plus social security.

I've no idea how much I'm going to need. I just save the max.
Depends on many factors; where I'm going to live, how early I want to retire.
If I were to retire in Uruguay at 65 with $1.2M plus SS, I would be rich.

Right now, my idea is to work full-time till I'm 60. Then move to Miami and work there. It can be a part-time job, full-time if I can find it. But nothing too stressful. I would like to downshift at that age.
Then I would work for as long as I can or want. I would either stay in Miami and do long visits to Uruguay, or move completely to Uruguay.

Before the pandemic, the plan was to call it quits at 60 and move full time to Uruguay.

If I live in Uruguay full-time, healthcare is very affordable. If I stay here and things don't change by then, healthcare will be very expensive.
I would need a car in Miami, but I can live in Uruguay without one.

For healthcare you should look into the ACA. If you keep your income low your premiums can be low as well. If you are not familiar with it, there’s a lot of good tips within the FIRE community if you decide to retire before 65. I think it is a good idea to start having some planning scenarios so that you have a better idea of what your needs are as it might help with your point of “when do I get to enjoy life”

Or bite the bullet. Make that move to Miami you have been wanting for so long! Look for accounting remote roles, there is a lot out there. It is not that difficult, I know fear can get in the way of going to new jobs but if you are a quick learner you will be fine.