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View Poll Results: What is the source of your ER funds?
Savings from LBYM 51 33.77%
Savings and pension 44 29.14%
Savings and inheritance 7 4.64%
Savings, pension and inheritance 11 7.28%
Other (please explain) 6 3.97%
I haven't retired yet, I'll let you know then 32 21.19%
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Re: Where did your ER funds come from?
Old 03-20-2007, 05:26 PM   #21
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Re: Where did your ER funds come from?

Survivor Annuity,My pension and a lot of LBYM.
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Re: Where did your ER funds come from?
Old 03-20-2007, 06:48 PM   #22
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Re: Where did your ER funds come from?

Not RE yet either, but when I do, my funding sources will be:

Age 55: Fully COLA'd Defined Benefit Pension (Fed Gov't) (68%)
" " : $12000 per yr from TSP/401k
Age 60: Fully COLA'd military pension (reserves)
Age 62: Will take SS

DW: 3 yrs younger than me, will RE at her age of 55, with 401k that we'll use to pay cash for our retirement home on the lake. It will take all the $ in her account to do this. She'll take her SS at age 62 as well.
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Re: Where did your ER funds come from?
Old 03-20-2007, 08:01 PM   #23
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Re: Where did your ER funds come from?

Age 55, FI, but not going until 57 -

Pension - 68% of my expenses (2% COLA)
Fully Paid Medical with Medicare Supplement at 65
SS @ 62
Remainder of Funds from LBYM and from Investments and Retirement Accounts (will only draw out 2.6% to meet target)

I agree with the others - without the Pension and Medical, it would be tougher to do.

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Re: Where did your ER funds come from?
Old 03-20-2007, 08:26 PM   #24
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Re: Where did your ER funds come from?

My husband and I are making it quiet nicely on my pension (government, municipal), and his SS. These total about 80 percent of what we were bringing home as working slobs. During our 15 years of marriage prior to retirement we were able to save a substantial amount. After two years of retirement we have still not needed to access our investments. This is easy since we were accustomed to livinging on about 60-65% of our earnings while we were employed.
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Re: Where did your ER funds come from?
Old 03-20-2007, 08:29 PM   #25
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Re: Where did your ER funds come from?

Still waiting for October to get here, but the plan is;

38% Pension
34% SS (2 of them)
28% Savings (401K, IRA's, CD's)

Any two of them will easily meet our current budget and life style, the third will be the cream on top.

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Re: Where did your ER funds come from?
Old 03-20-2007, 10:00 PM   #26
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Re: Where did your ER funds come from?

Still working at this time.
ER funds will be 75% 401K, 25% Savings from LBYM
Real estate = home payed for
Pension approx. 50% of current salary @ 59 which will more than cover living expenses.
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Re: Where did your ER funds come from?
Old 03-20-2007, 11:57 PM   #27
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Re: Where did your ER funds come from?

I'm still a few months away from retiring at 56, but I can include my numbers

65% - lump sum retirement
35% - 401K
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Re: Where did your ER funds come from?
Old 03-21-2007, 08:47 AM   #28
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Re: Where did your ER funds come from?

Needs multiple options.

Got mine from real estate, diversifying company stock options, investment gains, and some last minute LBYM.
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