BizzyC
Dryer sheet aficionado
Hi all,
I've been lurking for a while enjoying the good advice and interesting discussions. I'm very impressed with the civil and thoughtful interaction on this board, congrats to all of you for creating such a great environment-- it's a bigger deal than you may realize.
At any rate, here's a little about me. I'm 45, hubby is 44, no kids other than a sweet Golden Retriever. Here's my problem. It's that I kind of don't have a problem. We could afford to retire today. But, we just aren't. Hubby is working in a pre-IPO company, and figures he's got 2-3 more years at the grindstone before some kind of liquidation event can happen, either the company going IPO, or preferably selling it. And I just don't feel right retiring while he's still in the throes of it. My job is well paid, and cushy, so I'm not even afforded the dignity of having any valid complaints about it. I'm just incredibly bored because I've been doing it for 20 years now. So I'm kind of in "one more year" hell, with the added pitchfork of "and it's my own decision" poking me right in the a$$ with it's shiny little tines.
One thing I could use some advice on. In my mind (which is where my ideas generally work out the best) I tend to think of financing our retirement in two phases. The 65+ phase being funded by 401k money, and the time prior to that being funded with all of our non-401k assets; real estate, company stock, precious metals, etc. I tend to think we've got the 65+ portion sewn up tight, that should be very well funded by the time we're tapping into it. For the pre-65 portion, I think we've got plenty of assets, but we need to develop more of a plan of how gracefully convert them into a cashflow. Oh, and I hate annuties. Never. Going. To. Happen.
Anyway, nice to meet you all!
I've been lurking for a while enjoying the good advice and interesting discussions. I'm very impressed with the civil and thoughtful interaction on this board, congrats to all of you for creating such a great environment-- it's a bigger deal than you may realize.
At any rate, here's a little about me. I'm 45, hubby is 44, no kids other than a sweet Golden Retriever. Here's my problem. It's that I kind of don't have a problem. We could afford to retire today. But, we just aren't. Hubby is working in a pre-IPO company, and figures he's got 2-3 more years at the grindstone before some kind of liquidation event can happen, either the company going IPO, or preferably selling it. And I just don't feel right retiring while he's still in the throes of it. My job is well paid, and cushy, so I'm not even afforded the dignity of having any valid complaints about it. I'm just incredibly bored because I've been doing it for 20 years now. So I'm kind of in "one more year" hell, with the added pitchfork of "and it's my own decision" poking me right in the a$$ with it's shiny little tines.
One thing I could use some advice on. In my mind (which is where my ideas generally work out the best) I tend to think of financing our retirement in two phases. The 65+ phase being funded by 401k money, and the time prior to that being funded with all of our non-401k assets; real estate, company stock, precious metals, etc. I tend to think we've got the 65+ portion sewn up tight, that should be very well funded by the time we're tapping into it. For the pre-65 portion, I think we've got plenty of assets, but we need to develop more of a plan of how gracefully convert them into a cashflow. Oh, and I hate annuties. Never. Going. To. Happen.
Anyway, nice to meet you all!