bigriver
Dryer sheet aficionado
- Joined
- Feb 24, 2020
- Messages
- 41
I stopped in a while back and was asked a few questions on my spending. I was guessing at what I needed, and I know that I was wasting money.
54 Single no kids
Burned out from work it’s more caustic now.
House is paid for, I have no debt, good heath besides Blood pressure, over weight (not too bad) from sedentary job.
House 180K in the current market.
401k – 480k
Cash – 98k
Stocks/Mutuals in Brokerage – 750k
IRA -430k
Small pension at 65 – 4k year with no COLA.
Over the last 2 years I have lived and paid bills spending 40-50k without budgeting. This year I am expecting to spend about 30k covering all my bills, taxes and vacations. I am estimating $12k a year on health insurance if I pull the plug, from what I've seen. I plan to live year 1 and part of 2 off cash and probably try consulting part time and/or work winters for the first few years because I feel like I'm close, but I'm also scared to take the big step. And they probably won't let me go part time.
Any suggestions, or what I am missing? Firecalc says at 50k a year and SS at 65 along with pension I should be good til I'm 90.
Appreciate it!!
54 Single no kids
Burned out from work it’s more caustic now.
House is paid for, I have no debt, good heath besides Blood pressure, over weight (not too bad) from sedentary job.
House 180K in the current market.
401k – 480k
Cash – 98k
Stocks/Mutuals in Brokerage – 750k
IRA -430k
Small pension at 65 – 4k year with no COLA.
Over the last 2 years I have lived and paid bills spending 40-50k without budgeting. This year I am expecting to spend about 30k covering all my bills, taxes and vacations. I am estimating $12k a year on health insurance if I pull the plug, from what I've seen. I plan to live year 1 and part of 2 off cash and probably try consulting part time and/or work winters for the first few years because I feel like I'm close, but I'm also scared to take the big step. And they probably won't let me go part time.
Any suggestions, or what I am missing? Firecalc says at 50k a year and SS at 65 along with pension I should be good til I'm 90.
Appreciate it!!