The megacorp told me I am gone as of Feb 23. This is a large layoff,
but still secret in the mainstream news. 16,000 to 20,000 they say.
This is bittersweet news to me. It was killing me, body, mind, and
soul to continue working there. I think I am FI, but not sure since
I learned the details of the retirement medical offerings. I won't
bore all with the details, but to put it bluntly, the medical coverage
(not dental or vision, just medical) will now cost me roughly half of
the pension I was counting on. There are no other options for me.
Even so, I can't force myself to be sad... I find myself doing the
Happy Dance.
One question is about rebalancing. I had avoided it due to a fear
from the 2008 performance. But now, I am going to move a
large chunk of my fortune from a 401k to an IRA at Vanguard.
Currenty I am way low in stocks. I like 50/50. What say the
wizards here? Is this move when I should get back to 50/50?
The second question is about my son's college. He is 16.
I have set aside enough in CD's and Savings Bonds. But I am
very confused as to how that should or should not be calculated
into the 50/50. It will be needed in 2 thru 6 years out.
?Include as part of the fixed allocation, or leave it out of the
spreadsheet calculations?
Dan (ER in a month)
but still secret in the mainstream news. 16,000 to 20,000 they say.
This is bittersweet news to me. It was killing me, body, mind, and
soul to continue working there. I think I am FI, but not sure since
I learned the details of the retirement medical offerings. I won't
bore all with the details, but to put it bluntly, the medical coverage
(not dental or vision, just medical) will now cost me roughly half of
the pension I was counting on. There are no other options for me.
Even so, I can't force myself to be sad... I find myself doing the
Happy Dance.
One question is about rebalancing. I had avoided it due to a fear
from the 2008 performance. But now, I am going to move a
large chunk of my fortune from a 401k to an IRA at Vanguard.
Currenty I am way low in stocks. I like 50/50. What say the
wizards here? Is this move when I should get back to 50/50?
The second question is about my son's college. He is 16.
I have set aside enough in CD's and Savings Bonds. But I am
very confused as to how that should or should not be calculated
into the 50/50. It will be needed in 2 thru 6 years out.
?Include as part of the fixed allocation, or leave it out of the
spreadsheet calculations?
Dan (ER in a month)