Hello friends. I'm 54 years old, living in the US, was diagnosed in spring of 2024, high risk. I work at a medical school at a major hospital system, where I also get my treatment. I am a single mom with one 18-year-old daughter who is a freshman in college. Her tuition is covered, and her room and board are being paid for out of a 529 plan. I'm currently in remission.
I am beginning to think about the next several years of my life. I have a Roth IRA and retirement at work. I'm not ready to retire yet (I don't think it would be financially feasible at this point, would like my retirement funds to continue to grow). But when I think about the future, I want to be able to enjoy myself while I have a good quality of life, and I also want to set my daughter up for her future success.
I've talked to my retirement fund's financial advisor, but he didn't really have any answers or guidance for me. Is anyone else here in this boat, or have you decided to retire early, or have you decided to keep working, etc.? And for those who are financial experts, what are the ramifications of retirement before 65, when you have an incurable cancer?