Hi all, great forum
Me: 40
Spouse: 44
Total saved for retirement: 350k allocated at 80/15/5 mutual funds/bonds/individual stocks
We are planning for me first at 55, then spouse at 59. I begin collecting small pension at 55 (20k/yr). We contribute 30k/yr (20k in 401k & 10k in Roths)
At 65 spouse collects SS at 18k/yr, then me 4 yrs later at 20k/yr (conservative estimates and not even sure if it will be there in 15 yrs....lol)
Looking for advice...are we on track?
Me: 40
Spouse: 44
Total saved for retirement: 350k allocated at 80/15/5 mutual funds/bonds/individual stocks
We are planning for me first at 55, then spouse at 59. I begin collecting small pension at 55 (20k/yr). We contribute 30k/yr (20k in 401k & 10k in Roths)
At 65 spouse collects SS at 18k/yr, then me 4 yrs later at 20k/yr (conservative estimates and not even sure if it will be there in 15 yrs....lol)
Looking for advice...are we on track?