Recent content by WasToldThereWouldBeNoMath

I am taking it! Thanks all for your advice here. :dance:

Spread over 24 months is an option.

I was here months ago and appreciate all the advice. Slightly different question this time. I have an opportunity to take a buyout at Megacorp that would give me 18 months salary plus payout all my deferred, unused, and accrued vacation. I will be 52 but can retire with a pension and have...

Ah, thanks. I'll have to mess with it more.

Thanks. Various results: FIRECalc -- 95.4 to 100% depending on AA, inflation number used, etc. Fidelity -- score of 88 to 91 Flexible Retirement Planner -- 96 to 99% depending on AA, etc. FireCalc and FRP let you really dial in specific spending amounts by year where Fidelity is a flat...

I did this yesterday and adjusted annual spending to be more real-life as far as when we'd replace a vehicle, etc. So basically, a spike every three years or so in spending with still at least $10K over expenses in other years. Getting low- to mid-90% now from the tool.

Yes, certainly that amount above expenses could be cut back if needed. It is a little harrowing considering an ER when the bull market has been running for so long. You have to think Mr. Bear will show up at some point here. Possibly a big nasty bear.

That would be a highly unfortunate turn of events. I am grandfathered in to HC through retirement. Recent employees at this MegaCorp don't have it. Now, could they pull it at some point? I'm not 100% sure but would consider it unlikely.

All good questions and I think I've explored all of them and have good answers for all of them. I appreciate all of the responses. It's looking like the majority here would not be comfortable taking the risk. It's probably going to come down to whether I think I can secure some part-time...

I have employer-provided HC, but I have to contribute about $3K annually pre-tax. And then there is a max out of pocket of $6K or something like that. I will have exactly the same plan in retirement but the $3K will be post-tax. And once kids are on their own in a few years, that amount will...

I do...$87 to $89K the last two years for food, gas, utilities, property taxes, miscellaneous expenses...everything. That, of course, doesn't include something like a car replacement or other major expense.

I messed with it some, too, although I wasn't exactly sure which type of output to choose. Factoring in $20,000 to $30,000 of part-time income and an expected inheritance of unknown value (say $100,00, conservatively) are also part of what I'm playing with. It helps, of course, but not sure it...

I would have the same health care in retirement that I have now and have factored in my contribution to that and annual max out-of-pocket expenses. About $35,000 is factored in annually for major purchases -- not that we'd necessarily spend that every year. No to umbrella insurance and LTC...

I'm lucky to have found this forum in the hopes of receiving some advice. Wife and I are 52. I'd like to retire. Now. Here are the details: $990K in tax-deferred assets currently in a 75/25 AA of mutual/bond funds (would not tap into until after 59-1/2) $500K in taxable assets in a roughly...