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Old 03-29-2017, 11:06 AM   #21
Confused about dryer sheets
Join Date: Mar 2017
Location: Ruther Glen
Posts: 9
When I retire....I can opt for an annuity or part annuity and part lump sum. ERD50, the WR rate is not finalized. Should have stated would like to take between 3 or 3.5%. Because husband is not 59 1/2, he locked into a withdrawal of $2200.00 for 5 years.
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Old 03-29-2017, 11:27 AM   #22
Gone but not forgotten
imoldernu's Avatar
Join Date: Jul 2012
Location: Peru
Posts: 6,335
Originally Posted by TBAR View Post
Lots of good advice and I need some food for thought before giving my final notice!
I try not to give advice, but your use of the word "frugal" struck a chord.
I'm not much into the financial part, but we retired early, and some of our adventures are here:

Long read, but may be worth a look to see where we went right and wrong.

Best wishes for a happy retirement. Know you're going to be okay!
If you want others to be happy, practice compassion. If you want to be happy, practice compassion.
--Dalai Lama XIV
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Old 03-29-2017, 11:52 AM   #23
Confused about dryer sheets
Join Date: Mar 2017
Location: Ruther Glen
Posts: 9
Thank you imoldernu!
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