I retired january 2,000. Several things I have found out. First, you cant plan for every eventuality. Secound, if you belive and trust in God, he will get you through those things.
When I retired I thought I was only retireing temporarly for the summer and planned on truck driveing and seeing the country on someone elses dime. Heres what I mean by you cant plan on all things:
1. I got in a accident and it caused a pulmanry embelism that knocked me out of the truck driveing idea.
2. I had thought I was almost "ritch" when I retired in january when I retired. The meltdown was in march. I instantly lost over half of my 401K and ira`s, as I was in all the risky fast growing stocks.
3. I no sooner retired and my then 87 year old dad that was a widower in wisconsin came down with alzheimers, was stubborn and I had to move in with him 6 months untill I finaly could get him in assisted liveing and then into a convelestant hospital.
Now here is what I meant by God takes care of us:
1. I met my wife who is 17 years younger and now takes care of me!
2. I had 10 acres of raw land that I had bought in the 70s for 10K. I sold it for 175K, and bought a rental with it on a 1031 rollover.
3. While my wifes insurance is now $600+, the rental income about covers it.
4. While I since lost my nose due to cancer, I have my wife that took good care of me.
5. I doubt I would have got the opperation had I not met my wife.
Bottom line here. Gods plan was meant for man to work. (Man shall live by the sweat of his brow). Many on this site are retired military or FD, or LEO. We know many Big city depts pay good retirement and some poor ones doesnt. I do not belive a person is made to work only 20 years of his life. I know I worked for 40, not counting another 10 as a kid in the fields doing harder work by far than I did in my career. I still retired young at 59+.
Had I foreseen the first 2 events before I retired, I doubt I would have. Frankly, I would have found it nessasary to quit anyway when dad came down with alzheimers as I already qualified. My dad was a huge tough guy, (6ft 5"s), and all the girls at the rest home were afraid of him. No, he wasnt beligerant or ever mistreated any of them that I knew of, but he would walk out locked doors anytime he wanted out, and that was every day!
The point of all this is to encourage some of you who can retire but afraid to, to retire. Things work out.