I am 63 and opted to go down to 20 hrs/week. I work from home, and at 20 hrs my wife and I are still fully covered by company insurance. ACA or open market insurance cost is at least one major reason to continue working. While it is not game changing money, the effective swing to fully retired and buying insurance is over $50,000 a year. We have saved and ought to be just fine with some fun money to spend on travel, etc. Right now we are working to convert some 401K money to Roth to avoid future taxes on Required Minimum Distributions and to provide better control of our savings. Probably one of the two of us will take SS early and the other will wait until at least 67, but perhaps 70. I think the biggest trigger for full retirement will be the condition of my parents who are in their late 80's. They have entered the no-go part of retirement, meaning they dont leave the house much expect for church and doctor appointments. Depending on the amount of in home care we can provide/arrange/oversee will be a big driver.
If we all knew our expiration date making plans would be much easier, but I think more horrifying. Nobody gets out alive.
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