Debinnov a
Recycles dryer sheets
- Joined
- Nov 2, 2013
- Messages
- 238
Hi, Im Deb and I dont suffer from One More Year Syndrome. Im the opposite. I am so ready to retire! My DH and I own a business and in order to retire, we have to sell our business. Getting valuations now and its going to be close.
I have six years until SS and he has twelve!
All of the financial calculators have my head spinning. Im tring to determine our magic number, using 75K after taxes (we earn substantially more now, but are downscaling and plan to buy home outright so health insurance dining and travel prob biggest expense.)
Im almost completely out of the market after losing 40 - 50 percent of investments two or three times in past twenty years. And being so close to retirement, Im afraid to go back all in - but I know I have to or inflation will eat away at our savings.
So my plan is to find a some good index funds and invest half of the nestegg and put half in something guaranteed, even if under 2 percent. Is that crazy?
So glad I found this site and can tell Im going to learn alot.
I have six years until SS and he has twelve!
All of the financial calculators have my head spinning. Im tring to determine our magic number, using 75K after taxes (we earn substantially more now, but are downscaling and plan to buy home outright so health insurance dining and travel prob biggest expense.)
Im almost completely out of the market after losing 40 - 50 percent of investments two or three times in past twenty years. And being so close to retirement, Im afraid to go back all in - but I know I have to or inflation will eat away at our savings.
So my plan is to find a some good index funds and invest half of the nestegg and put half in something guaranteed, even if under 2 percent. Is that crazy?
So glad I found this site and can tell Im going to learn alot.