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I retired in 2014 with a pretty standard asset allocation of around 60% stocks/40% bonds. This worked fine until recently. I thought I would just wait it out, so I still was not paying much attention. But today I did a check of the Prime Rate and was surprised to see it up to 7.50%. I guess...

In the next few months I will be moving a chunk of ESOP money to an IRA. Originally, I had made notes to split this money between various mutual funds and ETF's. But I am inexperienced with ETF's, and I don't really recall seeing ETF's mentioned a lot on this board. So I was wondering if...

I am trying to study up on drawing social security. I think these should be easy questions to answer, but I am having trouble understanding the wording of online explanations of how a persons spousal benefit is determined. All the descriptions I have seen on this topic are in terms of "spouse"...

I retired in January of this year, and have planned for an Asset Allocation of 10% Cash, 30% bonds and 60% Stock. I feel pretty comfortable with this level of risk for long term at this point. Yesterday, my company finally let me know they have cashed out my ESOP company stock shares, but the...

Hello, I am very close to my last day and looking at what to do with existing benefits. I have always had very good advice here, so I thought I would ask again. First Question is Dental Insurance - I am 56, with wife (55) and two children aged 19 and 25. I am wondering if most people get...

At retirement, most of my funds will be in tax deferred accounts like 401K, ESOP, etc. So in essence I can basically control how much my annual income amounts to based on when I withdraw the money. I could take 2 years worth in one year and none in the next, for example. I did a quick search...

Suppose a person retires at the end of 2013 and desires to get COBRA coverage for insurance from their employer, at least until a decision on whether it is cheaper to use an ACA plan can be made. What happens if that employer-provided plan was a high deductable plan with HSA that gets...

Ok, I live in Oklahoma, and I am ready to retire later this year in my fifties. Since I am not elligible for medicare yet, I was planning on using COBRA as needed and/or to purchase a private health insurance plan for me and my family (wife and one daughter in college). The problem is I...

When I went to the SS website to get an estimate on my future Social Security payment, it gave me an estimate based on last year's income. But the answer it gave said it was based on "if you earn an average of $xxxxx amount of income from now until age 62" But if you retire early, you no...

I was just wondering how most would view this situation.... Retiring with almost all of your money in an IRA or 401k... After you retire, would you only take out enough to cover your expenses to minimize taxes, or would you take out extra to build up some cash that has already been taxed...

As a relative newb to the FIRE subject, I ran across this article on safe withdrawal rates. I thought it was a good base explanation, with some interesting ideas on top of the basics. I had not seen anything on using the PE ratio to help pick a SWR, but this made some sense. Do most FIRE 'ers...

I am currently 55. I have enough stock in my ESOP account now to retire early, but the ESOP normal retirement age is defined as 59 and 1/2, so I would not be able to get access to funds until I reach that age. As soon as I separate from service with my company, they cash out my company stock...

I will be turning 55 next month. I have always wanted to retire at 55. I have about $310,000 in a 401k and about 2.3 million in the company's ESOP. Currently I making $150,000 a year, which is plenty for us. My youngest child will be starting college this fall,but she has a scholarship to...