Thanks so much Aceyou! We're enjoying ourselves and planning for a trip to Mexico in October. As I look back a my financial life, it's amazing how many missteps, mistakes, and blunders I overcame to achieve FIRE. You can succeed in spite of yourself, I'm proof of that! Hardcore savings saved my butt for sure.
Clarkfan, you're correct I've written very few details about income and revenue. (Sorry about that...I really am a crappy blogger.) Here's the skinny I'm 52 and my wife's 50. We take 72t distributions of $18k a year from our IRAs. We also have about $85k in 457 plans that we can tap as we need. If needed, we could also get to about $15k of Roth IRA contributions, but I don't plan on tapping those. Finally, if push came to shove, we could always jump into a teaching job and save another $100k a year in our 457, 403b, IRA, and HSA plans. Did I ever mention how I love a 100% savings rate?!
I think you're correct that we have enough with our million bucks. We live a frugal lifestyle, we sold our home in GA in 2015, we have almost no on-going bills, and we'll be spending most of our time in low-cost parts of Latin America. At age 60 I'll get a pension of about $24k and my wife will get $18k. That's if we never work another day in teaching, so I think we're fine. I know the IRP:
www.InternetRetirementPolice.com disagree, but "can't never could do nothing." Thanks for the questions.
Yours in FIRE'd Frugality,
Ed