We can retire 2032-ish. State and teacher pensions. Year 1 would net about 110k gross (and that's 100% joint and survivor option, and 2% cola on ERS, a new option). We.can easily live on that and not touch pre and post tax retirement savings. On track for 7 figures. We would be about 52. Kids would be in college (529s funded well, at least for in state tuition). So earlyish retirement is possible... That had been my plan.
But we could also retire and come back and work and save another $4 to $10k a month, and just stash it to pay for future grandkids daycare, college, etc. Feels kinds selfish to check out when peak earnings hits. I think I want to work 20-30 hours per week, and my wife's could permanent sub from Oct to April. Would be nice to hit national parks April/May and September/October. Maybe Colorado rental in thw summer. I guess we will just have to see how we are feeling when the time comes. My mom has dementia and is in memory care ($6300/mo) so I would like to make sure we could afford that (plus maybe assisted living for the other) for 1 of us should we need it. Don't want to be a burden.