Search results

Well I made a rookie mistake. After saving for such a long time wanted to reward ourselves with some toys. The market had been good so took money out of the retirement account to pay cash for the toys. Needless to say the 20% federal withholding didn't quite cover it. Don't have anymore toys on...

Hello I am 56 and have been retired for one year and love it. I have my eye on a sports car but after a life time of saving I am having a hard time coming to terms with spending money for a toy. The car is used and will cost $53,000. My pension is $60,000 with a 3% cola Savings is a little over...

I will turn 55 in March and had made up my mind to leave in 2016 but couldn't narrow down a final date. Then on Tuesday my boss stopped by for a chat and that night I got out the calendar and picked May 6th as my final date. all that was left to do was mail the pension paperwork. The next day...

I plan on retiring next year and want to avoid Ohio winters. My wife is 6 years younger and isn't ready to retire, so it appears I will be traveling alone. I have only taken one solo vacation and that was a motorcycle trip. I am somewhat concerned about keeping busy and getting lonely or...

I will retire next year and one planner told us for me to take the single life annuity and the other said take the Joint Survivor Annuity (JSA). Background Wife 48 yrs old makes $83,000 covered under state pension and will retire at age 55 pension will be around 66% she is a nurse so will have...

Hello everyone I just found this site and am excited to be here. I am 54 years old and I really want to retire but just can't put a finger on the date. I have worked in the public sector for the past 31 years. 6 years ago I entered the deferred retirement option plan (DROP) and must leave no...