I am a 61-year-old teacher in Missouri who plans to work 3-4 more years before retiring. Depending on what option my husband and I choose from the Public School Retirement System, we should get between $5,200 – $6,000 per month for the rest of our lives. My husband is 60 years old and has $250,000 in a combination of a Roth IRA, traditional IRA, and a pension while I have $80,000 in IRAs (I worked in the private sector prior to teaching), $30,000 in two 403(b) accounts, $18,000 in an investment account, and $65,000 in cash.