Nomad4hire
Recycles dryer sheets
Greetings! I am 51 and ready to ER ( was ready a year ago). New on this site, but learning the lingo. I plan to be a regular user and hopefully contributor.
I need some feedback and guidance. Here is my situation:
My DW and I have no debt.
IRA and taxable combined of $1,100,000
No pensions
$75,000 in liquid cash
We plan to purchase health insurance - estimate $4800 annual
Our annual needs we think are well below $30,000
We plan to and have forecasted a $36,000 annual draw
I am nervous and we need some ideas!
I need some feedback and guidance. Here is my situation:
My DW and I have no debt.
IRA and taxable combined of $1,100,000
No pensions
$75,000 in liquid cash
We plan to purchase health insurance - estimate $4800 annual
Our annual needs we think are well below $30,000
We plan to and have forecasted a $36,000 annual draw
I am nervous and we need some ideas!