Subject: Re: Early retirement pitfalls?


As the previous poster said make sure you think you have enough. The last few years have shown how inflation can really hurt you. Simple fast food meals are way up, groceries, etc. I retired about 16 months ago and am pondering an offer to return to work. I think I have enough and don't need to but I kind of want to go back east for a while to be with an older relative that I was close to and this would cover those expenses and give us a nice bump in savings.

One thing to be careful of is health care. I'm able to keep mine throughout the rest of my life, if I couldn't I'm not sure how much I would trust various market health plans.

I'm also having issues with spending money since I'm not used to no money coming in. I do get a COLA pension but the pension isn't close to covering our expenses. So it is mostly living off savings. We have no debt but expenses do add up especially medical, utilities, insurance (which has gone way up), and food.

I'm probably stupid for considering going back for 6-12 months since it is highly likely the money will out last me and time is precious but I have to admit to being bored.

It isn't an easy decision for many. Good luck.