I am a 62 year old nurse and have been nursing now for 40 years. I really don’t enjoy it anymore, the politics and poor management. I work a couple of days a week.
I am wanting to retire at the end of the year and spend more time helping my 86 year old Mum.
But the thing is I am scared about not earning money as I always have been financially independent. I am married and my husband receives his state pension and has a part time job too.
We live quite modestly apart from spending £6k a year on holidays.
I have a very modest £50k in a private pension and around £80k in savings.
I own my home and have no mortgage or other debts.
I own another home which is worth £350k, again no mortgage which is rented. The rental brings in £1345 pm.
So my question is - do you think I would be okay financially and do you think I ought to sell my rental to use as my retirement fund?
Many thanks.
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