Hey:
I'm 59.5, single. Retired when I turned 58 in 2016--unexpectedly due to a bad manager situation at work. I have about 1.4 Million in investment assets and cash. House is paid off. I'll get a pretty good SS check at 62 ($2000) and a teeny pension when I am 65 of $465 a month. I'm going to hold of on SS until I am 66 where the check will be north of $2600.
I pay $640 month for a no subsidy Bronze Health Plan.
My plan is to start converting 20K of Trad IRA money to Roth beginning this year when I will be in the 12% tax bracket. Hopefully, I'll also qualify for subsidized health care next year.
I'm 59.5, single. Retired when I turned 58 in 2016--unexpectedly due to a bad manager situation at work. I have about 1.4 Million in investment assets and cash. House is paid off. I'll get a pretty good SS check at 62 ($2000) and a teeny pension when I am 65 of $465 a month. I'm going to hold of on SS until I am 66 where the check will be north of $2600.
I pay $640 month for a no subsidy Bronze Health Plan.
My plan is to start converting 20K of Trad IRA money to Roth beginning this year when I will be in the 12% tax bracket. Hopefully, I'll also qualify for subsidized health care next year.