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Old 03-09-2012, 07:02 PM   #1
Confused about dryer sheets
Join Date: Mar 2012
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New to Forum, counting just a few more days.

Hi, everyone! So glad to have found this forum. I'm appreciating all the encouragement gained therefrom.

My target retirement date is 6/21/2012. I'll be giving notice on 3/21/2012. Even though I've enjoyed my job, enough is enough. I'll be 62 later this year.

DH is 63 and says he's going to see how I like retirement before he takes the plunge. (Hah! Think he'll be left in the dust if he's not careful.) He may pull the plug in December.

I'm here because it has recently dawned on me that we'd better be much more proactive about our net worth. During the "accumulation" phase we've been pretty blissfully, um, hands off. But nobody is gonna take care of us except us.

We're RVers, rig is all set to go. Thinking about relocating from the Bay Area to the Capitol of the great state of CA, where the houses are marginally cheaper and you're already half way out of Dodge if you want to travel the highways and byways of our most interesting country.

Anyway, looking forward to many interesting conversations.

Best regards.

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Old 03-09-2012, 07:07 PM   #2
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Welcome to the site.

Retired in Jan, 2010 at 55
Now it's adventure before dementia
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Old 03-09-2012, 07:07 PM   #3
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Location: SF East Bay
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More RV'ers - excellent!

Welcome, and there are quite a few people here who will be as interested to hear what kind of rig you have and what your travel plans are, as what your investment strategy is (I'm one of them.)
ER, for all intents and purposes. Part-time income <5% of annual expenditure.
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Old 03-09-2012, 09:14 PM   #4
Full time employment: Posting here.
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Old 03-09-2012, 11:24 PM   #5
Confused about dryer sheets
Join Date: Mar 2012
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Well, then, many mutual interests.

We have a 27ft. Class C Lazy Daze. We can tow a Chevy Tracker if needed. There are many categories of places to see, music to listen to, food to eat, museums to explore,trails to hike. But I digress.

I got to wondering how we transition from a salary income to spending the money we have for retirement. What's the plan? What are the assumptions? Who do we trust? How do we invest our funds and then accurately judge the total rate of return? That question always gets me. I have no idea what our total rate of return is for our total portfolio.

I'm just starting to digest the thread about drawdown methods.

Budgeting for retirement living expenses is frustratingly imprecise. Haven't found the thread for that yet. We think we could live on what we have and wait to take SS until we're 70. Is that a good idea? Won't that mean we must diminish our portfolio by a lot in the first few years of retirement? Especially since we might have a couple three years of medical insurance to pay for before Medicare kicks in.

I need some spreadsheets. I've started some, but I quickly get bogged down in details.

Okay, that's my initial list of questions.
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Old 03-10-2012, 01:24 AM   #6
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Location: midwestern city
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Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
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Old 03-10-2012, 07:48 AM   #7
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
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Join Date: Nov 2010
Location: Vermont & Sarasota, FL
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Originally Posted by kelautz View Post
......I need some spreadsheets. I've started some, but I quickly get bogged down in details. ....
If you're not into building spreadsheets (or even if you are), I suggest Quicken's lifetime planner since it does a lot of the work for you and you can input your investments, pensions, when SS starts for each of you, etc. You can also look at how different alternatives (starting SS earlier, part-time work, etc) change your nestegg.

Firecalc is also very popular around here, but it takes a bit of getting used to.
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Old 03-10-2012, 08:35 AM   #8
Give me a museum and I'll fill it. (Picasso)
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Location: Chicagoland
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Welcome to the fold, it's a good group...
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
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Old 03-11-2012, 06:56 AM   #9
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Ah - a fellow RVer!


I'm in the learning stages as well. Finally went to the investment counselor at our bank. He assures us we're fine, and is educating us. This place also as a lot of information and the stories told place things in perspective. I feel much better about ER having been here a short time.
"Growing old is no excuse for growing up."
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Old 03-11-2012, 04:31 PM   #10
Recycles dryer sheets
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Join Date: Feb 2012
Location: Minneapolis
Posts: 61
Welcome to forum, kelautz. I'm a newbie to the forum as well, and I know I've only scratched the surface on information gathering. The pipe dream that keeps playing in my head involves selling the house in 5 years and splitting our time between somewhere south of the border in the winter and RV'ing in the summertime. Although we're avid campers, we're new to the RV idea as well, so we've got lots of things to learn and try out over the next few years.....

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