thtocn
Confused about dryer sheets
Our big question is how to invest our long term wealth of 1.2 million to get us to age 80. We also have 500k for living 5years which includes emergency funds. We have never invested in anything other than stocks (individual stocks, stock ETFs and stock mutual funds) which is not conservative.
1. My spouse and I would like to retire this year in November 2016. We are both age 55 at that retirement date.
2. We would like to plan for conservative model.
3. We have 500k we plan to invest in to live on for 5 years. (e.g money markets and CDs)
4. We have zero debt
5. Been tracking budget for 5 years.
6. We do not own a home or real estate nor any other significant asset to sale.
7. We are planning to live overseas in Asia or South America to significantly lower our expenses.
8. Expenses overseas we estimate to not exceed $85k per year.
9. Planning to collect Social security at age 62 ½. – 40k/year total
10. Have pension value of 12k per year for life at 62 (does not rise with inflation)
11. No children and no inheritance and not planning to leave any
Thanks ahead of time for your help!!!
1. My spouse and I would like to retire this year in November 2016. We are both age 55 at that retirement date.
2. We would like to plan for conservative model.
3. We have 500k we plan to invest in to live on for 5 years. (e.g money markets and CDs)
4. We have zero debt
5. Been tracking budget for 5 years.
6. We do not own a home or real estate nor any other significant asset to sale.
7. We are planning to live overseas in Asia or South America to significantly lower our expenses.
8. Expenses overseas we estimate to not exceed $85k per year.
9. Planning to collect Social security at age 62 ½. – 40k/year total
10. Have pension value of 12k per year for life at 62 (does not rise with inflation)
11. No children and no inheritance and not planning to leave any
Thanks ahead of time for your help!!!