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Originally Posted by Whitley
I did it all right. Paid for college, bought a house, had three life insurance policies and two retirement funds in addition to another life policy with guaranteed 5k monthly income. At 35 I was diagnosed with stage 3 c. After massive chemo and multiple surgeries it was still there. My wife got me in an experimental group. five months of chemo five days a week 6-7 hours a day in two chest ports. Unknown to me, insurance would not pay as it was not a customary treatment or some such wording. My wife cashed it all in to pay. Experimental treatment that we paid for oop. I beat it mostly perhaps because I could no longer afford to die. We never really know what someone else is dealing with. I forgot why I started this diatribe. It looks like I will work my entire life, and I'm ok with that. I have a place in America's friendliest hometown, another in SRQ and rent one in Naples (The last two for work). I live in paradise and deal with mostly very happy people. I'm good.
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Congratulations on beating cancer. My wife is similar, pancreatic cancer diagnosis in 2020. We both worked our butts off for 40 years and saved in 401k and IRAs and a rental home in CO. We purchased a 2nd home in TV in 2019 and decided to move to that house for cancer treatment in JAX at the Mayo. 1 year later, she is cancer free so we sold both homes in CO and moved here permanently.
As a parallel note, our retirement savings in the past 8 years doubled twice. At the time we were both 62 with at least a handful of years left to work. We decided at that time life is too short, we won’t outlive our savings so we hit the retirement road in 2022.
I also know of lots of 2nd wage earners in a family in their 50s and 60s who lost their jobs during COVID just decided like us, no reason to keep working. They had enough money. We have friends here in TV that are late 50s who retired from also good high paying white collar jobs. The company I retired from went public during COVID and approximately 2 years later, 10% of their workforce of 3000, mostly senior and executive employees, have also retired.