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Thank you!!

If my appeal for 2024 IRMAA based on the lower estimated income for 2024 is granted and my actual income for 2024 turns out to be much higher due to Roth conversion, will Medicare send me a catchup bill for a higher 2024 IRMAA that I should have paid if I didn't file the appeal?

Thank you. Keeping my fingers crossed.

Thank you very much everyone! Have a wonderful day.

Hello knowledgeable board members, if I may take advantage of your knowledge on this question on IRMAA:-). I retired in August and turn 65 this month. Medicare kicked in on Dec 1. Due to my income from 2022 with modified adjusted gross income of $180,000, my monthly charge for Medicare parts...

Congratulations, Alex! Good for you!! You will have that much more time to enjoy your life. I started thinking about retiring when I hit 60 but got into the one more year rut. Now I have a higher portfolio value but 4 1/2 years less in time to indulge in the joys of being free...

Thank you everyone! Indeed, the shroud has no pockets. And as old man Clint Eastwood said in the last scene in The Mule, you can buy anything with money except time. How to maximize the joy of each day, how to squeeze the most out of it, ought to be the guide of how I should spend my...

Congratulations and thank you everyone! Let's all enjoy our retirement!! This really is like a second beginning in life.

Hi everyone. Finally retired at 64 going on 65 in December. Thank you to all the board members who gave me the encouragement to my previous posts. I must agree: it is glorious on this side! I love the leisurely pace of life. Still working part time but work I can manage from home and in 2 to 3...

Again, thank you everyone. I feel like a child waiting for Christmas! I can't wait!!

Thank you for the assurances everyone! Much appreciated. The part-time work is teaching, all online. I enjoy it and it helps to keep me sharp. I can do it for as long as my brain and patience will allow it. My plan is to travel for 2 months (Europe mostly but all over) and return to the US...

Hi. I have been lurking in this forum for a long time and have posted some comments in the past. Thank you for all the valuable information and the sharing of experiences. I am 64. My finances are: 1.35 million in taxable account, 2.25 million in IRA, and 80,000 in Roth, all invested in...

Follow-up to my post from 3 years ago. Still haven't pulled the trigger. My portfolio is now worth 3.8 million with annual dividend income of 98,000. Been travelling to Europe for about 3 times a year, each time spending about a month. Still suffering anxiety from not having my income from my...

I agree and appreciate all the opinions on the risk I am taking with Cisco, and I do intend to lighten up on the position. I'm just hoping for a better price, maybe with the year-end rally if it happens. About 25% of the position is in my IRA account. Maybe I will start with those. I have...

I truly appreciate all the advice everyone. I was tempted to lighten up some when the price neared 50 only a couple of weeks ago. If and when it gets back to about $50, I may trim the position and raise some cash. Having said that, I believe Cisco will raise its dividend again come February...

Thank you for the cautionary advice:-), but I am very low maintenance. I drive cheap cars, wear Target and Sears clothes, live in a modest neighborhood. My biggest annual expenditure over the years has been about $15,000 to $20,000 spent traveling abroad two or three times a year. I am...

Thank you for your input and encouragement everyone. I have to figure out how to input the variables into the equation besides the withdrawal amount to do another calculation.

I have been on dividend reinvestment which has worked out really well for me over the years through up and down markets. If I pull the trigger next year, I will probably do a little selling of the non-dividend paying stocks and raise some cash as a cushion and take partial withdrawal only from...

On FIREcalc, I put in 80,000 a year withdrawal rate, but you are right, I won't need to withdraw that much counting social security after 67, my pension and part-time work.

Thank you for the input everyone. I just did the calculation on Firecalc. The worst case scenario, assuming I will be withdrawing 80,000 a year is that I will still end up with about $1.2 million by the end of 30 years. This definitely gives me more confidence. About health insurance, I...

Hi everyone. Been lurking here for a while and find all the discussions very helpful. I would like to seek some advice (and maybe reassurance) on what I hope to do. Thanks in advance. 60 right around the corner. Hope to retire next year and travel abroad on a full time basis, living 3 months...