frayne
Thinks s/he gets paid by the post
Am semi-retired and have approx. $750K I would like to structure for both growth and income and tap next year using 72T. Any suggesitons.
brewer12345 said:Give us some more info:
- How old are you?
54 and SO 51, own home, good cars, debt free
- Any other assets or sources of income?
Approx. $120K in misc. MFs, CDs, savings account. This is my liquid emergency reserve.
- What are your assets presently invested in?
$750K currently invested:
15% Fido Growth Co.
15% Fido Blue Chip Growth
15% Fido Mid Cap Stock
15% Vangaurd Asset Allocation
40% Bond Fund
- Any special tax status stuff we should know about?
All of the above in 401K
- How much income do you expect to need?
Approx. $40K after taxes
maddythebeagle said:I am no expert but I read on this site http://www.retireearlyhomepage.com/wdraw59.html on these early withdrawals from 401k. I thought I read, that you can start taking out money from your 401k at 55. Why bother with a ira. I think you have to look at fees and options for the 2. There are some other issues listed (appreciated company stock is one).