scubamonkey
Recycles dryer sheets
Turned in my notice for early retirement next May! Retiring at 55. 30 years at banking. Working on my financial plan. Have a defined benefit plan that pays $80k per year until death, which is about60% of my salary. I keep the same health ins until 65 - about $50 per month now.I am selling big house and downsizing - considering renting. After house sells I should have about $150k in cash and $700k in retirement funds . Retirement accounts are about 75% stock mutual funds and 25% bonds. No cola on defined benefit plan so I am not planning on making withdrawals on retirement until later- which will be my cola. Social security will also be a cola at 67.
I am single/divorced with no debt. I live in nw florida and love the area.
Planning on spending more time with grand kids in Arkansas and working on my hobbies.
I have always worked so this move is a little scary!
Sent from my iPad using Early Retirement Forum
I am single/divorced with no debt. I live in nw florida and love the area.
Planning on spending more time with grand kids in Arkansas and working on my hobbies.
I have always worked so this move is a little scary!
Sent from my iPad using Early Retirement Forum