Looking forward to retiring this summer. We've got a studio apartment in our home that I will rent out on AirBnB and I've got a small trust ($650/month) from my dad passing last year. My wife will continue working for three years until her pension kicks in. I think we're gonna be OK. We've got IRAs and 401ks.

However, my closet is filled with my business casual clothes.

What happens to those button down shirts and slacks? Do you give them away to Goodwill? Hold onto them to hedge your bets?