goneboarding
Dryer sheet aficionado
- Joined
- Sep 23, 2012
- Messages
- 25
Here's my financial situation.
$350K - Cash
$500K - After-tax; invested 60/40; re-balanced quarterly
$240K - IRA; Variable Annuity (MetLife)
$270K - IRA; Variable Annuity (MetLife)
$40K - Spouse IRA; Variable Annuity (MetLife)
$340K - 401k; invested 60/40
Primary residence paid for; not included in equation.
Annuities should spin off $32K in cash annually starting 3 years from now which is when I'd like to FIRE. Haven't completed my due diligence yet, but back of the envelope calcs show that we'd be okay with $60K/year.
I'm 56.5, DW is 51... just in case our ages play into the equation.
Any advice on restructuring my allocations to optimize my financial situation?
Thanks!
$350K - Cash
$500K - After-tax; invested 60/40; re-balanced quarterly
$240K - IRA; Variable Annuity (MetLife)
$270K - IRA; Variable Annuity (MetLife)
$40K - Spouse IRA; Variable Annuity (MetLife)
$340K - 401k; invested 60/40
Primary residence paid for; not included in equation.
Annuities should spin off $32K in cash annually starting 3 years from now which is when I'd like to FIRE. Haven't completed my due diligence yet, but back of the envelope calcs show that we'd be okay with $60K/year.
I'm 56.5, DW is 51... just in case our ages play into the equation.
Any advice on restructuring my allocations to optimize my financial situation?
Thanks!