I retired at 62. I did have a pension and 401k. I have just hit FRA,(66 4 months) and received my first check. I kept going back and forth on this one. My old analogy kicked in, when in doubt go halfway (62-70) so FRA at 66 and 4 months for me. I also feel comfortable my wife (if I pass before her) will receive a decent amount.
We did an irrevocable trust with our children, home and will and assets in trust. Currently waiting 5 year period. Don't know but thought a good way to go. Years ago, did have a policy with Glenworth until they increased rate 50 percent. We dropped them.
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I Bought etf TLT. Long term bonds (treasures) Just going to wait till feds rate comes down to cash in. could be awhile, but it will happen.
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Link to comment from September 29, 2023
Doesn't buy happiness but can set the stage for opportunities to create it!
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Roth, Roth and Roth.
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Apple
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No!, scary investment!! doesn't seem to be regulated. Don't invest in anything you don't understand!
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Link to comment from July 29, 2023
I retired at 62. I did have a pension and 401k. I have just hit FRA,(66 4 months) and received my first check. I kept going back and forth on this one. My old analogy kicked in, when in doubt go halfway (62-70) so FRA at 66 and 4 months for me. I also feel comfortable my wife (if I pass before her) will receive a decent amount.
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Link to comment from March 22, 2023
Jack Bogle
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Link to comment from December 17, 2022
We did an irrevocable trust with our children, home and will and assets in trust. Currently waiting 5 year period. Don't know but thought a good way to go. Years ago, did have a policy with Glenworth until they increased rate 50 percent. We dropped them.
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Link to comment from September 3, 2022
I now look back and would have post taxed contributions to my 401k and put much more in my Roth 401k. Now I'm looking at moving this a Roth Ira.
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Link to comment from September 3, 2022
Also note my Wife is collecting her SSI. We had her collect at 62 for the extra income when I retired 3 years ago.
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Link to comment from August 13, 2022