Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 11-11-2013, 08:46 PM   #21
Moderator
ziggy29's Avatar
 
Join Date: Oct 2005
Location: Texas
Posts: 15,613
Quote:
Originally Posted by Olbidness View Post
I see the 72T as a last resort. I like the idea if decide to pull the plug at 55 ( or if Mega-corp pulls it for me ) that I can drift into and out of the work force at will from 55 to 59.5 . With the 72T I'm locked into 5 years of SEPP.
And in the post-ACA world, depending on your income and other sources of health insurance, it may force you to increase your MAGI in years when you don't need it. And if you have no income, you can't dump it all into an IRA or 401K/403B plan, either.
__________________

__________________
"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)

RIP to Reemy, my avatar dog (2003 - 9/16/2017)
ziggy29 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 11-11-2013, 10:06 PM   #22
Recycles dryer sheets
Olbidness's Avatar
 
Join Date: Jan 2009
Location: W. Galveston Bay
Posts: 195
Quote:
Originally Posted by ziggy29 View Post
And in the post-ACA world, depending on your income and other sources of health insurance, it may force you to increase your MAGI in years when you don't need it. And if you have no income, you can't dump it all into an IRA or 401K/403B plan, either.
Now we are playing 3D chess.
__________________

__________________
Olbidness is offline   Reply With Quote
Old 11-12-2013, 06:26 AM   #23
Moderator
ziggy29's Avatar
 
Join Date: Oct 2005
Location: Texas
Posts: 15,613
Quote:
Originally Posted by Olbidness View Post
Now we are playing 3D chess.
Yes indeed. The trail has become considerably more complex to navigate in many cases.
__________________

__________________
"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)

RIP to Reemy, my avatar dog (2003 - 9/16/2017)
ziggy29 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


 

 
All times are GMT -6. The time now is 02:46 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.