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Old 06-07-2009, 04:59 PM   #61
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Originally Posted by ziggy29 View Post
I clearly entered the wrong line of work, or at least picked the wrong employer...
Probably. How old are you? The military takes past 40 I think now n days. Then again they don't get 100% pension incomes either.
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Old 06-07-2009, 05:23 PM   #62
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Originally Posted by Notmuchlonger View Post
Probably. How old are you? The military takes past 40 I think now n days.
Even if I wasn't too old, I'm pretty sure I'm 4-F because of my bad knee.
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"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)

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Old 06-07-2009, 08:53 PM   #63
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47 currently, plan to rehire at 53. Expected income:

Prior to SS @ 67
* SPIA from employer cash balance plan = 20%
* Roth distributions = 10%
* 401k distributions = 50%
* Income from rental property = 10%
* part-time work (thus the term "reHirement" above = 10%)

After SS @ 67
* SS = 30%
* SPIA from employer cash balance plan = 20%
* Roth distributions = 10%
* 401k distributions = 30%
* Income from rental property = 10%
* part-time work = 0
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Old 06-07-2009, 08:55 PM   #64
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Currently drawing down cash in addition to interest and dividends.
Starting next year I'll be drawing a 20 year annuity from the lottery ticket I'm buying tomorrow.
After that's gone I'm going to start an escort service.
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Old 06-08-2009, 03:45 PM   #65
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