computerguy
Confused about dryer sheets
I've browsed this web site for 2 or 3 years and find the information about living in retirement very helpful. I'm 62 and my wife just turned 60. I stopped working in 2001 due to a chronic and progressive illness. So, I'm retired, i.e. I no longer work for a salary, but do continue to get disability pay from my former employer and also get Social Security disability. I call this retired/disabled.
I will get a pension at 65 (in three years) that will be about the same as my current disability pay. My wife and I have about $900,000 in our portfolio - 450K in a IRA, 300K in a 401K and 150K in taxable mutual funds.
My AA is 25% stocks - 40% bonds - 35% cash
We are funding a 529 plan for our 6 year old grandson. The current balance is $21K and we add $4,000/year.
Even with Medicare and health insurance from my former employer that will continue after my formal retirement at age 65, my healthcare costs (deductibles, copays, etc. etc.) are a concern.
I will get a pension at 65 (in three years) that will be about the same as my current disability pay. My wife and I have about $900,000 in our portfolio - 450K in a IRA, 300K in a 401K and 150K in taxable mutual funds.
My AA is 25% stocks - 40% bonds - 35% cash
We are funding a 529 plan for our 6 year old grandson. The current balance is $21K and we add $4,000/year.
Even with Medicare and health insurance from my former employer that will continue after my formal retirement at age 65, my healthcare costs (deductibles, copays, etc. etc.) are a concern.
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