I plan to retire at 55 1/2...Dec 31, 2009...wife will be 51. Should have $550K in 401K...Pension...I could take a lump sum (now projected at $735K) or a joint annuity option of $3700/month (not indexed to inflation). Will not have any debt. Have about $40K in mutual funds. Last child will be in college...funded by 529plan. Will have Retiree Medical coverage from company. Will need about $4500/mo. to live on. Am I on target? Thanks,
Rollie
Rollie