<prompt> Human: Ill be 57 in a couple of months and eligible to retire. My house is paid for, debt free, married, wife doesnt work outside the home, kids are gone and know they cant come back.My pension will cover our monthly expenses food, utilities, car, etc. and I have additional funds that will generate about 2600 per month. Now that the date is drawing near, Im getting antsy and doubtful if this is enough. Comments? Suggestions?  <response>: My pension will cover our monthly expenses food, utilities, car, etc.You can afford to retire, full stop. The only question is whether youd rather retire when eligible at a slightly lower standard of living in retirement, or retire later with more money banked up for travelhobbieswhatever.If you want to spend X per year from your retirement portfolio of stock and bond index funds, you will need to accumulate somewhere between 25 and 35 times that amount. You need to spend 0, so you need no additional savings. If you want more than your monthly expenses covered, figure out how much and save for it.Also, the big big unknown with retirement nowadays is healthcare, so that might be a big factor for planning purposes. 