Hello All -
Love this site and all the shared information. I've been visiting often and recently joined.
I'm 55, single, I expect my long term job to end in 2020, I'll be 60. I have no debt, house is paid for. I make $60,000 year. I fully fund my 401k and Roth and everything else is thrown into after tax accounts. Total investments $312,000 + $37,000 cash/emergency (I know it's high, but it makes me comfortable). House is worth about $300,000. Yearly expenses = $24,000, not including health insurance thru employer.
My job is unique in that I will not be able to find the same field/income in the future. In addition to my future job loss, my concern is that it will be difficult to find a good full time job with good health insurance when I'm 60.
My thought is to continue doing exactly what I am doing by maxing all investments out for the next 4 years and to continue to live as frugually as possible (which comes quite naturally for me), but I'd like a mustachians opinion....should I be doing anything different investment wise? Does anyone have any suggestions of what I can do better to prepare? Should I build a bigger cash reserve ilo Roth or 401k?
Many thanks for your input.