suchda
Confused about dryer sheets
Hi
I'm a 54 y old medical professional just joined your community today. I'm always try to learn how I can retire early and what I need to do to achieve my goal. Thanks for this site and all the people involved with this community. I've a question that need to get a answer.
1. I've my retirement and taxable accounts with vanguard with a savings of 2.5 mln - 1.5 mln in retirement accounts and 1 mln in taxable account with an asset allocation of 65/35. Planning to retire by 60.
I have a traditional life insurance of $275K with a yearly premium of $3,350, with a cash value of $60K at this time. I have another term life insurance for 1 mln upto 65 y of age. Now, considering my asset, do I need to keep my traditional life insurance and putting the premium yearly or just withdraw cash value portion and invest in my taxable account ?
I'm a 54 y old medical professional just joined your community today. I'm always try to learn how I can retire early and what I need to do to achieve my goal. Thanks for this site and all the people involved with this community. I've a question that need to get a answer.
1. I've my retirement and taxable accounts with vanguard with a savings of 2.5 mln - 1.5 mln in retirement accounts and 1 mln in taxable account with an asset allocation of 65/35. Planning to retire by 60.
I have a traditional life insurance of $275K with a yearly premium of $3,350, with a cash value of $60K at this time. I have another term life insurance for 1 mln upto 65 y of age. Now, considering my asset, do I need to keep my traditional life insurance and putting the premium yearly or just withdraw cash value portion and invest in my taxable account ?