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Yeah, when I play with FIREcalc and others it seems like changing the asset allocation between 70/30, 60/40 and 50/50 gives the same chance of success. Breaking below 50/50 is when I start to see failures.

OK... If you really want to know all the deets ;D Asset allocation will probably be 50/50 FXNAX and FSKAX or some such re-balancing yearly. Tracking my expenses for years points to needing $85K gross to equate my current comfortable standard of living (after all the retirement savings, Soc...

Thanks for this and the other comments folks have made. Gives me more confidence that I am on the right track. I have run FireCalc and many other calculators many many times and get good results for my estimated expenses. Just liking this simple concept of ignoring the inflation/gains and only...

Good Morning All :flowers: I hope I am thinking about this correctly. In general, can I disregard inflation's effects if I also do not consider the growth effects on my 401k balance? Example: If I have a $1,000,000 401k at retirement's start and need that account to cover an expense...

I appreciate this thread because it reminded me to stop keeping any savings (or very minimal) in USAA as it gets basically no return. Keeping an average $5,000 in my SPAAX money market fund at fidelity or the ALLY savings account instead of USAA covers my Netflix payment each month.

Numbers haven't changed allot. Sold the cabin and put the $144k profit in the brokerage account. 401ks total >1,000,000 Approaching decision time... Thinking that if I decide to leave this year it will be the end of Oct or End of Dec. which means I will be speaking to the boss and HR as early...

If you move to the lower paying job then your HI 3 is Locked in essentially for the next 7 years with no cola according to your post #7 (no cola first 3 years of retirement and 4 years of retirement to go in which your HI 3 would stagnate) At 3% inflation your $68,000 pension will have the...

If you have "enough" (firecalc) with the 4.5 mil that is in 401k/IRA to sustain retirement what does it matter if the RE market fluctuates hugely? As you've indicated these RE assets are for living in and enjoying and then passing on to heirs. They are really not retirement investments in the...

>7% -- I have not seen rates this high, where do I look for these? ;D

Perhaps my final update before the plunge next year!!! :) Wearing "Golden Handcuffs" STILL. (BUT JUST A LITTLE LONGER) I will be 56 years old when I retire in OCT 2024 @ retirement -- (~18 Months!!!) Currently making $119K (my pay has increased with new position in same agency) Subtracting...

I like to think in Buckets --- Bucket 1 -- AFTER 67 --- SS money & small pension @ 67 you said was about $28K per year (assuming they adjust for inflation) I would put aside a bucket of $500K of the $1.2mil for the "AFTER 67" bucket and forget about that --- Returns on that money should...

Thank you! Lots of truth and things to consider. The above resonates with me in many ways, however... I have lived in the NE, the SE, the Mid-West and as a retired military member I have gotten around a bit. Being "happy" has had less to do with the geography in my experience although there are...

Definitely agree, try before I buy! I'm about 2.5 years from retirement so I have much time to explore and learn.

Very true, every state will have some drawback and with the property tax exemption already "on the books" and no tax on pensions or 401k withdraws in place already all the main negatives are for "potential" future changes.... The snow issue is a non issue for me as I want to be far south in the...

This is all great food for thought! Still very tempting to have the possibility of $700/mo more in our discretionary budget. Right now I'm paying $5400 in property tax and when I retire I would be saving about $3k more in Illinois due to no taxing of pensions and 401k withdraws. Trying to...

Definitely looking towards the southern part to avoid the Chicago Winters, wanting to be near Air Force Base (within an hour) in order to further take advantage of alot of the benefits we have available to us. Also St Louis has the Intl. Airport that would allow us to take advantage of the...

Yea, Looks pretty bad fiscally. Wonder what the logic would be in "we are already a high tax state so let's "fix" our fiscal problems by raising taxes further and driving more tax payers away ???

Thanks -- I will check CT out! Interested in what exactly their prop tax exemption would equate to. "All veterans with a disability rating of 75 percent or more in Connecticut may receive a property tax exemption of $3,000 from the total assessed value of his/her property if the veteran...

Thanks, I have heard that humidity can be kinda brutal a several times now :frown: Thank you for serving

Yea, I hear you on Chicago winters! Was thinking more like the area of Carbondale or Marion. Pretty far south in the state but not too far to make a run to Scott AFB every couple weeks. Also think Marion has a VA Health center there. Maybe something like this...

Thanks for the replies! Good to know about the 1% on groceries..... I totally agree also on the "live where your family is happiest" sentiment and would probably "test drive" the area before committing.

A few years out from retirement yet and live in the Midwest currently. Thinking seriously to relocate to Missouri after retirement but thought Illinois may be much better for finances. I'm an 80 percent disabled veteran and I understand 70 percent and above get full property tax exemption in...

I agree 100% -- It seems that no matter the person selling their diet or book (Carnivore, Vegan etc) they ALL agree on that.... CUT OUT SUGAR and processed foods in general, seed oils being some of the most processed (as that is the way they get to the oil -- lots of processing) This is my "low...

8 years ago my calcium score was a 42 (at the age of 46) I didn't think too much about it then. A few weeks ago I retested at 361. Apparently that is typical for a person that has any score above zero ....to increase 20 to 30 percent a year. Mine was about 30 percent. I'm not overweight and...

Anyone out there have available FEHB and Tricare and elect to suspend FEHB and just use Tricare prime/select and part B? Is it as comprehensive as say Aetna and part B or bcbs basic and part B?