Recent content by Bocco

  1. B

    Layed Off at 58 and Going For it

    Yeah your sitch sounds very similar. I am gonna stop by my local unemployment office tomorrow and check but I was under the impression that I would not qualify until my severance ran out. But I will go talk to them to be sure. I too need to figure out what to do about health care ins. for the...
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    Layed Off at 58 and Going For it

    thanks for running the firecalc tool for me. I need to learn how to use that. My brokerage has a similar tool and it seems to correlate closely with firecalc's prediction. And my allocation IS pretty close the 60/40 equity/fixed mixed. Though my fixed portion is composed of etf's in junk...
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    Layed Off at 58 and Going For it

    Here we go.... Thanks for the welcome everyone. Tom, my plan is exactly as you suggest: tap the 401k first. I should only need to do so to support the first quarter of 2014. By the start of the 2nd qtr, I will have attained 59 1/2. After the 1st qtr withrawal, I thought I'd then roll the...
  4. B

    Layed Off at 58 and Going For it

    Just got layed off from $100K IT job (the very day I returned from my father-in-laws funeral). Decided I am done with the cubicle life and now its our time. We think we can do this though healthcare cost trouble us. Fortunately, I got a descent severance that will cover all our living...
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