Recent content by Fragrep

We retired to East Tn last year and love it. We moved from Orange County Ca. We love it, but... Be ready. It rains ALL THE TIME. The summers are HOT and HUMID. Last winter was beyond freezing. (-0 A LOT). We live in Cumberland County. This is not the Bible belt. It is THE BUCKLE of the Bible...

No. It's not too late. I can (and will) adjust if need be. Also we haven't spent any of the money. But you are right in suggesting that we can move if we don't like it in Tn. That's whats great about the U.S. We can live anywhere, no questions asked:)

I think we will be more in the 50k yr range, We need this money to last. Wife and I are pretty thrifty as well. I'm just happy to be leaving an extremley stressful management job in a labor intense enviroment.

This is a bit over my head. I will get with our FA and see what her take is on it. Thank you!

We planned on the same the entire time we planned for this. It was our financial advisor (FA) who recommended we do it this way. The payment will be fairly small so we agreed based on her recommendation. We'll see what happens as we go...(Yup it's a little scary).

Funny you mention all this. I've been thinking...This is something I am going to take under very careful consideration. THANK YOU!

160k went into the brokerage account, 190k for the down payment on the Tn house. (Man you guys don't miss anything!:)

Yea she addressed it. I'm selling most of the the company stock and puchasing a truck and RV. The 190k is 150k down on a 300k house,the rest for furniture etc. We are super thrifty and really don't plan on going crazy spending.That 160k in the brokerage account is to draw from as needed. I...

After spending a considerable amount of time in: The Tri-Cities area, Knoxville, Chattanooga and North of Nashville we decided to build our home in the Crossville area (Fairfield Glade). The cost of living is considerably lower than where we currently reside (California). We discovered that...

Yes. We have answered all of the questions. Also have a terrific fee only financial planner who's been guiding us for the past 20 years. Don't plan on touching that 500K 401K $$ until 70.5. Still open to any input, anything we might have missed etc.

What do you think? Are we good? ....Turned 55 in December. Fortunate to work for a company that offers early retirement (small pension and med till medicare). Sold the house in OC California, leaving the state in 27 days. We purchased a parcel in Tn and are having a home built. Super excited...

My wife and I will ride our motorcycles on the twisty backroads on Tennessee, Travel around the south, south east, I like to Fish, hunt, fly, We'll hike together, and stuff I guess, find someplace to volunteer etc...

Howdy! I've been working for the past 44 years (first job was @ 12 folding and bagging newspapers for the paper boy), I took over the route shortly after...anyway, on year 29 currently with a megacorp. I'm fortunate in the sense that I will have a pension which equates to a little less than 1/3...