Hello....My first post here, although I been lurking for several months now.
Tons of good information and feedback here...great site.
Here is my situation.
I'm a couple months shy of 49 and my wife is 57.
We have $1.7M in taxable accounts AA 60%/25%/15% stocks/bonds/short
We also have $900K in 401k assets. same AA
Wife gets $32k/ yr pension when she retires. Me nothing.
Live in central Jersey...high property tax area...house worth $475K.
We have no debt at all. No kids.
Expenses are $75k per year conservative.
Wanting to be able to spend $110k to do some traveling.
Fire calc tell me I'm good so does Fidelity Income planner.
Biggest fear....health insurance costs. Not sure what to expect but from what I have read here I'm looking at $15k to $20K total for me and my wife. Does this sound reasonable? Neither of us have any health issues.
Tom
Tons of good information and feedback here...great site.
Here is my situation.
I'm a couple months shy of 49 and my wife is 57.
We have $1.7M in taxable accounts AA 60%/25%/15% stocks/bonds/short
We also have $900K in 401k assets. same AA
Wife gets $32k/ yr pension when she retires. Me nothing.
Live in central Jersey...high property tax area...house worth $475K.
We have no debt at all. No kids.
Expenses are $75k per year conservative.
Wanting to be able to spend $110k to do some traveling.
Fire calc tell me I'm good so does Fidelity Income planner.
Biggest fear....health insurance costs. Not sure what to expect but from what I have read here I'm looking at $15k to $20K total for me and my wife. Does this sound reasonable? Neither of us have any health issues.
Tom