Great site, ThankYou.
I am 61 and my wife is 56. We both have worked 35 years in Banking and State government. We commute only 1/2 mile to our jobs. But we want out of the weather in Nebraska.
1. We want to move to Phoenix or near there.
2. We are healthy and active.
3. We want to do this in 10 months.
4. Our nestegg then will be 1.4 mil
5. I will purchase company health insurance for $1400/mo for 3 years.
6. I will draw SS early to pay for above policy.
7. We need to gross 89K to supply 5K monthly budget.
8. We will pay around $200K cash for house.
9. We need to work enough to generate 33K per year.
Our biggest unknown now seems to be jobs, where? how many hours? how much? I know envision having to work in Walmart full time to make the needed income.
Also there is a 3 year gap that needs health insurance coverage when I turn 65. How much will that be?
Where should or could someone take their retirement plan for review and expert opinions? We have no need for financial advisors at this time.
Thanks for all the great information.
I am 61 and my wife is 56. We both have worked 35 years in Banking and State government. We commute only 1/2 mile to our jobs. But we want out of the weather in Nebraska.
1. We want to move to Phoenix or near there.
2. We are healthy and active.
3. We want to do this in 10 months.
4. Our nestegg then will be 1.4 mil
5. I will purchase company health insurance for $1400/mo for 3 years.
6. I will draw SS early to pay for above policy.
7. We need to gross 89K to supply 5K monthly budget.
8. We will pay around $200K cash for house.
9. We need to work enough to generate 33K per year.
Our biggest unknown now seems to be jobs, where? how many hours? how much? I know envision having to work in Walmart full time to make the needed income.
Also there is a 3 year gap that needs health insurance coverage when I turn 65. How much will that be?
Where should or could someone take their retirement plan for review and expert opinions? We have no need for financial advisors at this time.
Thanks for all the great information.