Moemg
Gone but not forgotten
You mentioned your wife also has a 401 K .Why isn't that considered in your equation ?
Also what happens if the markets dive when you retire ?
Also what happens if the markets dive when you retire ?
Looking for some feedback
- Thread starter Jerry1
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OP
OP
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I combined the 401k's in my post. She can draw on hers without depleting them (she has a 401k and an IRA) until I turn 59 1/2 and am able to start drawing on mine.
As for the market, that was part of my request on feedback from the group. By assuming no growth and no loss, I'm assuming I would move to a VERY conservative portfolio.
OP
OP
- Joined
- Nov 27, 2014
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Update
Thanks to the input from this board, I've begun to settle in at around $90K per year instead of $100K. I revisited my SS assumptions and eliminated all COLA assumptions. I've also run FireCalc with these assumptions and things look pretty good. This is complicated and SS is one of the hardest things to get my head around but the input here has helped. Thanks.
Thanks to the input from this board, I've begun to settle in at around $90K per year instead of $100K. I revisited my SS assumptions and eliminated all COLA assumptions. I've also run FireCalc with these assumptions and things look pretty good. This is complicated and SS is one of the hardest things to get my head around but the input here has helped. Thanks.
