Hi Everyone!
I'm 44 and I plan to FI/RE by April. I even have my LoR typed out ready to sign and date.
Currently I have no debt, no home (renting), no kids to pay for (graduated college and off of my payroll) and I'm looking toward the next phase of life... living adventurously in my self-converted van/RV.
In April I'll start on the Appalachian Trail.
I have my 4 buckets:
401K = 1,075k
Roth = 50k
Taxable brokerage account =85k
Cash/savings = 10k
I've got a long way to go until 59.5years old...
I came here to educate myself on:
1. Investing (AA, risk mitigation, and which buckets to put specific investments in)
2. Search for ways to minimize my taxes while drawing sufficient income (40k/year) for the next 35 or more years.
3. Find out more about utilizing an NUA to free monies from the PST (profit sharing trust) part of my 401K account... I've heard the name Frank Duke mentioned alot, but I'm not quite certain how to properly do this.
I look forward to searching this forum and learning from all of you.
-Grimey
I'm 44 and I plan to FI/RE by April. I even have my LoR typed out ready to sign and date.
Currently I have no debt, no home (renting), no kids to pay for (graduated college and off of my payroll) and I'm looking toward the next phase of life... living adventurously in my self-converted van/RV.
In April I'll start on the Appalachian Trail.
I have my 4 buckets:
401K = 1,075k
Roth = 50k
Taxable brokerage account =85k
Cash/savings = 10k
I've got a long way to go until 59.5years old...
I came here to educate myself on:
1. Investing (AA, risk mitigation, and which buckets to put specific investments in)
2. Search for ways to minimize my taxes while drawing sufficient income (40k/year) for the next 35 or more years.
3. Find out more about utilizing an NUA to free monies from the PST (profit sharing trust) part of my 401K account... I've heard the name Frank Duke mentioned alot, but I'm not quite certain how to properly do this.
I look forward to searching this forum and learning from all of you.
-Grimey