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Old 01-19-2015, 09:28 AM   #41
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Originally Posted by REWahoo View Post
It can be - if you meet one or more of the following criteria:

1) You have an absolutely bulletproof source of future income that will keep up with inflation.
- or -
Probably the only thing that meets this criterion is a Federal or high quality COLA municipal/state pension. Poster example would be armed forces. The rest of us to some extent will be winging it.

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Old 03-06-2018, 10:21 PM   #42
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Update

Well it's been over 4 years since I found this group and posted the original post in the forum. I have benefited greatly from all of the kind advice and knowledge you have all shared. Although I don't post often, I do read the forum daily. My DH will have his last day in the office this friday, March 9, 2018. It took us a little longer than originally planned but, his work wanted him to stay until they could get him replaced. As payment for his time, they have granted him a severance of 2 years of full pay and benefits. We have managed to raise our investible assets to just over 6 mill and should be able to save an additional $600 K over the next 2 years.

Thank you to all that have helped along the way! This is a great group here!
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Old 03-07-2018, 04:30 AM   #43
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Sounds like you are in very fine shape $ wise.
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Old 03-07-2018, 05:11 AM   #44
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Great job and congratulations!
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Old 03-07-2018, 08:49 AM   #45
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Originally Posted by Aquafit2 View Post
Well it's been over 4 years since I found this group and posted the original post in the forum. I have benefited greatly from all of the kind advice and knowledge you have all shared. Although I don't post often, I do read the forum daily. My DH will have his last day in the office this friday, March 9, 2018. It took us a little longer than originally planned but, his work wanted him to stay until they could get him replaced. As payment for his time, they have granted him a severance of 2 years of full pay and benefits. We have managed to raise our investible assets to just over 6 mill and should be able to save an additional $600 K over the next 2 years.

Thank you to all that have helped along the way! This is a great group here!
WOW - great! Nice severance package too! Having two years of benefits is a huge help! What a bonus!
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Old 03-07-2018, 08:58 AM   #46
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Originally Posted by Aquafit2 View Post
Well it's been over 4 years since I found this group and posted the original post in the forum. I have benefited greatly from all of the kind advice and knowledge you have all shared. Although I don't post often, I do read the forum daily. My DH will have his last day in the office this friday, March 9, 2018. It took us a little longer than originally planned but, his work wanted him to stay until they could get him replaced. As payment for his time, they have granted him a severance of 2 years of full pay and benefits. We have managed to raise our investible assets to just over 6 mill and should be able to save an additional $600 K over the next 2 years.

Thank you to all that have helped along the way! This is a great group here!
Congratulations! You have done a fine job building your nest egg.
Best wishes as you start the retired life.
Rick
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Old 03-08-2018, 09:32 AM   #47
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Congratulations! Always like to hear a good update. What have you decided about post-retirement asset allocation? Are you moving out of stocks, or keeping some stock allocation?
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Old 03-08-2018, 09:46 AM   #48
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Great news on the severance package! Enjoy your retirement, I agree that you have done well with savings and you are set.
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Old 03-08-2018, 10:03 AM   #49
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Congratulations! Always like to hear a good update. What have you decided about post-retirement asset allocation? Are you moving out of stocks, or keeping some stock allocation?
Thank you! I can't even calculate how many hours I have spent researching investing. I came up with a plan that I felt would meet our "being able to sleep at night" criteria and shared it with DH. Of course he didn't feel comfortable with my analysis so he scheduled us to meet with a financial advisor that he trusts. When we walked out of our final meeting with the advisor, we had in our hands, a financial plan printed out that resembled pretty close to exactly what I had planned. It was a nice "SEE I TOLD YOU SO" moment.
We have settled on 50% Total Stock (VTSAX) 10% Total International (VTIAX) 20% in a few different bonds indexes 10% Vanguard Real Estate Index ((VGSLX) 10% in Vanguard prime money market.
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Old 03-09-2018, 08:44 AM   #50
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Sounds like a good mix that gives you some security and also helps protect against inflation.
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Old 03-10-2018, 03:45 PM   #51
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Nice work and congratulations. No reason to lose any sleep with what you have there.
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