Nikon Coolpix 5400 red light shows when shutter button pressed

On any photo setting....I press the shutter button but it will not take the picture. I believe that it is not because each time...the red light comes on thinking there is not enough light. I can be out in full sunshine but that darn red light keeps coming on. I cleaned all front camera areas to make sure no 'smuges', etc could be blocking the sensors.
The shutter button will go down alittle but not fulling compress for the photo to be taken.

I can do the movie function but all photo settings get the red light on when the shutter button is 1/2 depressed.
I reset all settings to see if that would work. No go. Same deal.
No problem viewing photos on the chip either.

Any ideas ? Should I be off to the camera store for an estimate to be fixed?