DH & I are 47/46 years old, no kids or debt and house is paid off. We split pretty much everything and have always kept our finances separate. My numbers are:
401(k) = $611,383
457 = $246,166
Roth IRA = $139,100
VTSMX (taxable) = $45,782
American Funds (taxable) = $70,000
Wellesley/Wellington Funds (taxable) = $44,114
Cash: $3,000
DH’s total assets are similar. Last year was the first year I tracked everything I spent and it came to just over $20,000.
I’d like to leave my full-time state government job in the near future (I feel like I'm late for retiring early!) and maybe do something different down the road, part-time, but I’m not sure exactly what; I’m currently burnt out and tired of office politics and want to spend more time with family. DH has his own business and will continue with that for at least a few years. We’ll lose good health insurance benefits when I leave and a quick search shows a silver ACA plan would cost us at least $750 a month. My biggest concern about leaving is making sure I can pay my bills, which currently don’t include health insurance costs. My car is getting up there is years/miles, too. Is FIRE feasible based on above numbers? (I’ll continue to max out on 401/457 ‘til I leave.) I’m also wondering about the most tax-efficient way to access the money. Thanks in advance.