Finance Dave
Thinks s/he gets paid by the post
- Joined
- Mar 29, 2007
- Messages
- 1,862
Midpack,
Isn't there a "catch up contribution" allowable to HSAs of $1,000 beginning at age 55?
Also, when I do my planning, I use "stepped" spending periods during FIRE. For example, from my rehirement age of 52 to about 65 I assume spending at X since I plan to travel and keep up my car hobbies. After 65 I likely won't travel much, so I use X-10%, then at age 75 my arthritis will kick in and no more car hobbies for me, so I use X-25%....something like that.
Good chart!
Isn't there a "catch up contribution" allowable to HSAs of $1,000 beginning at age 55?
Also, when I do my planning, I use "stepped" spending periods during FIRE. For example, from my rehirement age of 52 to about 65 I assume spending at X since I plan to travel and keep up my car hobbies. After 65 I likely won't travel much, so I use X-10%, then at age 75 my arthritis will kick in and no more car hobbies for me, so I use X-25%....something like that.
Good chart!
