<prompt> Human: 45 years old, married, two small kids.2,000,000 in brokerage accounts index funds500,000 in retirement accounts mostly 401k, also some Roth215,000 in 529 plans for college for the kidsHome paid forno mortgage worth 500k, though I dont think thats too relevantNo debtsI anticipate drawing about 80kyear to live on, though we could surely manage on less and will if necessary.I plan to deal with medical expenses by getting very high-deductible insurance to cover catastrophic illnesses none anticipated; were healthy; otherwise will basically just be paying for those.We drive 5-10-year-old cars van to transport the kids, who are in the 5-year-old ballpark, and a car; will continue to buy reliable used cars when needed, i.e. when those become too much of a pain and expense to maintain.I know this post may strike some as obnoxious, since many arent in as fortunate a position as we are. I feel very lucky and thankful. Ive been saving since college but have also had plenty of good luck. Throwaway account.Oh, retirement in a cost-of-living-index location in the 105-110 range.Ive been figuring this out entirely on my own and would love to error-test it against the collective wisdom here. What am I overlooking?Thank you all for your counsel.EDIT: Thank you all for your comments. Many of you have been raising questions that are at the margin between personal finance and philosophy; let me comment some more to address that.I want to retire so that I can spend more time enjoying and raising my kids. They are little boys now, and they obviously wont be forever. It does not seem to me that my career is likely to accommodate a 5- or 10-year leave of absence; when I came back Id be much older than many who wanted my job, with more seniority and baggage, and in a career path law that is already quite thoroughly stocked with people, to say the least. So every day has a big opportunity cost, which either must be paid by financial security if I choose my family over work or by my family if I choose work over my family. That is a little bit stark, and is an exaggeration, but I say it to help you understand my motivations.Now my philosophy. In the big picture I believe that many of us in the privileged first-world West live in bondage to our own fear. We have been taught to be afraid, and so we are. We make decisions from fear, major life choices from fear, and we get up and go to work from fear. It must not be true that five million, or ten million, is necessary to be safe; if so, then almost nobody is safe. And anyone who has worked to get that much money so that they will be safe wont feel safe once they have it. The habit of working because of fear doesnt make you safe, it makes you afraid.Now, I know that that is a hell of a thing to say in the middle of a nasty recession that genuinely has shattered the plans of many people, and that has left many others struggling. There are real things to be afraid of in the world. Thats what makes it tricky. We have to figure out how to live in a way that enables us to enjoy the good things around us right now every day and also to prepare, in a sensible, calm, happy way, for tomorrow. The wiser practitioners of any major religion and a number of other philosophies can teach a path to this. Financial planning alone cant begin to touch it. And I agree with all of you who have said that I need to have something to do when I retire; thats a piece of the puzzle that I just described.So yes, runaway inflation, government confiscation of private savings, a global depression caused by an oil crash, volcanoes, alien invasion, etc. could wreck my plans. And those of everyone else. We all need to keep our eyes open and make adjustments when necessary, but at some point I think that it is madness to continue spending a large portion of ones time and energy storing away resources for the future. The universe is going to grind down and destroy us all, and what we ultimately fear is death, which money cant help us avoid. And the future is arriving every moment, and if you spend all of it getting ready for it, youre missing the point. And then one day youll findten years have got behind you, and all that.This doesnt mean that retirement is any Shangri-la of freedom from fear, or that work is just terror and drudgery. Both are clearly false. A person can be happy and content while working full time; a person can be miserable and wracked with fear while wealthy and retired. Living in fear is the error; it can be committed by anyone. So ultimately, I believe that most people will reach a point where their gathering of money has stopped being sensible preparation for the future and has become nothing but fearful hoarding. Its always quite possible to construct a case for the point not yet having been reached. That doesnt mean that it hasnt been, though.Assistant: What are your plans if you do retire now?Financially it sounds fine, but what about everything else? Your kids are going to start school full time soon, so youll have 6-8 hrs a day with no kids, no friends since I presume most of them are still working... so just you and your wife?Human: Right, that has puzzled me for several years. Ive been figuring it out, though. I can use some of my current skills helping people for free, volunteering, hobbies, etc.What I think will be a shock, and maybe is a surprise to people, is the loss of identity that goes with not having a job. It shouldnt really be your identity, but to a significant degree it is.  <response>: Have you given any thought to teaching? Retiring at 45, Im guessing you have a skill thats worth having, and teaching is a great way to stick with your current knowledge, while contributing something at the same time. 