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I am meeting with TIAA-CREF Financial Consultant next week to talk about my portfolio. Right now I am using a Financial Planner that I pay a fee based % of assets managed. About half of my portfolio is in Fidelity Funds and Half is in CREF TIAA funds. Those were the two Plans offered through the...

I called IRS 800 number for Tax Questions and spoke to a woman who informed me that it is up to the employer, how they code your 1099, as long as it was coded with the exception on it, That would determine it was not subject to a penalty. Does that make sense?

Did you have a separation of service at any time? From what I see on the IRS website you would have to have a Bona Fide separation of Service to not pay the the penalty.

I don't find anything in the plan that talks about rehires, The standard practice guide talks about retirees being able to be reappointed permanent or temporary. From what I can see there is no info about this issue anywhere? I looked at IRS website and don't see anything there that would...

I retired at age 57 and started taking early distributions from 401k plan. Using the exception, separates from service after the age of 55. This was Jan 1, 2015. Now the same employer has asked if I would like to come back and work temporary part-time 14 hrs a week. Can't seem to find a...

When you say get a target fund, Your saying put all the assets in a certain fund and just leave them alone. Any target fund that you would suggest?

You are right FA fees are 0.40 I pay him about 4000$ for yr.

ERD hope this is what your looking for. Current Allocations US equity 47% Intl. equity 19% Real Estate 10% Fixed Income 11% Bonds 13% Ave Net Expense ratio of funds .505% FA fees are .040% of funds managed which is about 1.0 M

Sorry Didn't Mean to get off track, I do appreciate the help of all the people that have responded though, Just wondering if anyone sees anything about my numbers that would be incorrect. I did change the fees charged in Firecalc to 1% and it did change it a little bit. But still had 100% success.

yes I pay the planner a % of my assets by the quarter. And I added that figure into my expenses so it should not matter what he charges me. I worked at a University so all the funds I am in are either Fidelity, Or CREF TIAA I am 57 and DW is 59 we have no mortgage My monthly expenses are 5000$...

Thanks for the responses, My financial planner had said there was no problem. And he told me I could draw even more than we need. Hopefully my numbers are not garbage. Biggest struggle for me is I don't have traditional pension. Just 403B and Roth IRA's. I think if I had a traditional pension...

If you put all your info into Firecalc, And you got no failures for any cycles. Should be OK to pull the plug pretty confidently right?