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Holes, warts or fouls in plan?
Old 12-30-2006, 02:52 PM   #1
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Holes, warts or fouls in plan?

I am 49 and stopped working 8 years ago. Got tired of Mega corp. DH is still at same Mega corp and wants to retire at 55. (He's 52 now)

I have ran every calculator available. Firecal shows 100% on the probability that we will be fine. We are conservative as our assets are 45% stocks and 55% cash and bonds. Since DH does not want to do the 72t thing, we will need to rely on after tax money until he's 59 1/2.

So, at the present time I am laddering cds. His pension will start at 55, so that will help cushion our "income".

Should I consider making any changes? Thanks

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Re: Holes, warts or fouls in plan?
Old 12-31-2006, 04:17 AM   #2
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Re: Holes, warts or fouls in plan?

Quote:
Originally Posted by bbbamI
Should I consider making any changes? Thanks
You've accounted for health insurance and inflation, right?

If you've covered all the bases then there's no need to search for non-existent danger...
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Re: Holes, warts or fouls in plan?
Old 12-31-2006, 12:02 PM   #3
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Re: Holes, warts or fouls in plan?

Inflation, yes. As far as healthcare goes, DH is supposed to get this benefit through his employer for the both of us.

I plan for what I know now. I guess if the worm turns, I'll have to turn with it. :P

Thanks for your reply...I really appreciate and respect your opinion.
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Re: Holes, warts or fouls in plan?
Old 12-31-2006, 12:38 PM   #4
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Re: Holes, warts or fouls in plan?

Quote:
Originally Posted by bbbamI
I plan for what I know now. I guess if the worm turns, I'll have to turn with it. :P
Bernstein's "Calculator from Hell" five-part series may help you address whatever concerns are keeping you looking at calcuators. Spouse and I have stopped worrying about it.

http://www.efficientfrontier.com/ef/998/hell.htm
http://www.efficientfrontier.com/ef/101/hell101.htm
http://www.efficientfrontier.com/ef/901/hell3.htm
http://www.efficientfrontier.com/ef/103/hell4.htm
http://www.efficientfrontier.com/ef/403/hell5.htm
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Re: Holes, warts or fouls in plan?
Old 12-31-2006, 11:27 PM   #5
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Re: Holes, warts or fouls in plan?

Thanks for the links! I laughed, I cried, I thought... all righty then!

Actually it makes me feel better. I have to accept that there are even more things that I can not control. DH and I can control our debt (we have none and plan to keep it that way) and have been LBYM kind of people for years. However, I will continue to educate myself and try to look forward to a content future.

So....if the day comes that I open the first can of dog food, I can say "I gave it my best shot!"



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Re: Holes, warts or fouls in plan?
Old 12-31-2006, 11:31 PM   #6
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Re: Holes, warts or fouls in plan?

I've heard the Alpo beef chunks in gravy ain't half bad!
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Re: Holes, warts or fouls in plan?
Old 01-01-2007, 12:14 AM   #7
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Re: Holes, warts or fouls in plan?

Does sound tasty...huh?

Might be too expensive though...might have to go with the store brand!
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