i am a 60yearold dentist my wife is 56 i have been very diligent in working toward my plan to retire at 61 and am ahead of the game my 750000 home is fully paid for as is my 450000 vacation condo i will have at least 5 million in a combination of retirement funds and nonqualified investments when i retire at the end of 2022 and sell the other half of my practice to my business partner much of what i have in my qualified plans is in a roth i have zero business or personal debt my wife has not had to work and she has a very comfortable life we have two daughters one 30yearold married with a 4monthold and working as a dental hygienist for me and the other a single 26yearold fullyemployed nurse who is currently living with us but will be moving out once the housing market cools a bit i have helped out both financially but they would do fine without my help sounds great right yet my family is giving me a hard time about retiring i thought that they would be happy for me when i announced my retirement date i am an avid golfer and outdoors person who will have zero qualms about keeping busy when i retire my wife and i are very healthy i have taken my wife to talk to my financial adviser and he went over all of our finances we discussed a future budget and anything that she feels that she would like to see in our future financially i will be taking a large pay cut when i retire but we will still have at least 200000 per year at 4 of funds which is at least 70000 over our needs based on the projected budget i am ok spending more in my 60s if needed as i am sure to be spending less in my 70s and 80s as i slow down i plan to sit on my social security until 70 i really don’t think that this is about me not bringing home as much money and helping out the kids because they will do fine without my help i feel that they are being selfish in that they just don’t want a retired dad and husband my job is not who i am but i feel that for them it is a part of who they are and my wife and daughters are having a hard time dealing with that i would like to spend winters in florida and join a golf club i would be happy just renting for a month or two or three in florida each winter until we find something that works for us to own my feeling about her giving me a hard time about retiring is that she does not want to face that future my retiring forces her to think about getting out of her comfort zone and not being around our two daughters who live in the area i have seen this coming for years but figured that as she got older it would not be an issue yet here we are i can’t be the first person to have to deal with this so how do you recommend that i go from here as i enter my final year of work see i’m a 35yearold father of four with 135000 saved for retirement we’ve always lived paycheck to paycheck ‘what am i doing wrong’ i’m sorry to hear about your frustrations especially considering how much you’ll have saved for retirement when you leave your job and how incredible of a feat that is for your future retirement can be an emotional time usually for individuals leaving the workforce who felt their careers defined much of who they are but sometimes also for the family in some cases it causes concern for how to pay the bills when shifting to a fixed budget while for others as you suggested it could be about stepping into the unknown read more retirement news and advice on marketwatch retirement your wife may have a lot of feelings associated with your retirement and it’s important to keep her in the loop every step of the way as you seem to have done so far couples need to plan for the nonfinancial aspects of retirement just as much as the financial you mentioned your wife’s disapproval of your retirement might have something to do with being away from her children if that’s the case discuss with her what you hope to do in your retirement and what she hopes you both do during that time as well if she doesn’t want to spend so much time in florida how would you split your time would you be able to find activities closer to home that you would be happy to switch occasionally with your golfing aside from the quality of life she’ll have are there any activities she would love to pursue that you could support you won’t have to spend all of your time together even if she’s not working and you’re retired “it is really important to think about how you’ll spend your retirement days – especially as a couple” said catherine valega a certified financial planner and founder of green bee advisory “both partners should have their own activities as well as some joint activities” check out marketwatch’s column “retirement hacks” for actionable pieces of advice for your own retirement savings journey we could ask ourselves a million questions about why they may be acting the way they are but you’ll only get down to it with clear concise and meaningful communication this might be a hard topic to discuss especially if you’re disappointed in their reactions but do your best to sit down with them and get to the bottom of it you may have to be very blunt and ask them straight out what exactly makes them unhappy about your decision to retire are they worried about the bills are they maybe worried about you and how you’ll adapt to retirement when you’re not as busy is it really just nervousness about this next chapter in life “all are valid concerns and the identification of the main issue will help determine the appropriate steps to get everyone on the same page” said alec quaid a certified financial planner at american portfolios denver also see we have 7 million for retirement but ‘i feel bad about not working’ – should i retire anyway you mentioned your wife has met with your financial adviser to discuss the future budget but if your children are also giving you a hard time and they’re worried about the finances you could consider bringing them in to meet with your adviser too sometimes it helps to have an unbiased thirdparty facilitating the conversation quaid said of course your children don’t make the decisions about your retirement but if you’re worried about their reaction to your retirement it’s one way to potentially fix that problem another option is therapy with so many emotions concerns and hard feelings you might find some relief talking to a therapist with your loved ones sometimes they can unlock money issues too read a couple who earns 220000 a year with almost no debt thinks they never have enough how can they see things differently you might also want to try a retirement “test drive” said jeffrey golden a certified financial adviser at circle advisers take a couple of weeks off and follow a schedule as you’d see fit in retirement include your family in the process this could help solidify your own personal goals for retirement maybe you don’t actually want to live in florida three months out of the year but also show them what it could be like how happy it would make you and how it would or wouldn’t affect them it is great that you are able to separate yourself from your work – not all retirees or near retirees can do that but you may also be right that your family is having a hard time redefining you and themselves in this next phase your decision will affect them in some capacity even though it is completely within your right to retire maybe when you sit and talk to them ask them what about your retirement you think will affect them “they need to have a guided discussion around each other’s expectations and what they envision retirement to be” said rene bruer a certified financial planner and cochief executive office at smith bruer advisors “bottom line they need to come to an understanding and to make compromises” ultimately remind them of who you are and why you want to retire “while his family might understand that the numbers make sense for retirement they may not feel comfortable that he has an identity beyond his role at work” said dennis morton a certified financial planner and cofounder of morton brown family wealth “i would advise him to set aside the dollars and cents and say to his family ‘in retirement i am someone who…’ then fill in the things that will define his values how he will spend his time and how he will find purpose” readers do you have suggestions for this reader add them in the comments below have a question about your own retirement savings email us at helpmeretiremarketwatchcom