Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Hello to All
Old 04-12-2008, 09:51 AM   #1
Confused about dryer sheets
Join Date: Apr 2008
Posts: 6
Hello to All

I've been reading the forums for several weeks and have been impressed with all the useful information given out.

My situation is I'm retired military with a pension and currently work full time working towards another pension. I'm 51 years old and my wife is 58 years old. I will be vested in about 2 months, but plan on working until age 57 and call it quits.

I contribute to a 457 plan each month and do not have it maxxed out yet, but its close to that amount. I'm also hoping to have our mortgage paid off before I retire. I refinanced to a 15 yr mortgage in 2001 and have made several extra payments this year and hope to continue that until paid off.

We currently live in a high cost area, but we are thinking of selling our home and relocating to a lower cost area to pay cash for a house and invest the rest after I retire. Is this plan feasible? Thanks for any input.

Joe Bass is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 04-12-2008, 10:29 AM   #2
Thinks s/he gets paid by the post
DblDoc's Avatar
Join Date: Aug 2007
Posts: 1,224
Hello and welcome. Have you run your numbers through FireCalc? FIRECalc: A different kind of retirement calculator


DblDoc is offline   Reply With Quote
Old 04-12-2008, 01:53 PM   #3
Confused about dryer sheets
Join Date: Apr 2008
Posts: 6
Yes I did. Great tool, but still I'm skeptical if I can pull it off.
Joe Bass is offline   Reply With Quote
Old 04-12-2008, 07:46 PM   #4
Gumby's Avatar
Join Date: Apr 2006
Posts: 9,214
Welcome Joe Bass. Have you checked out the Early Retirement FAQ's sub-forum? It is a wealth of information.
Living an analog life in the Digital Age.
Gumby is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


All times are GMT -6. The time now is 07:45 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.