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I guess I should have added that the amount of the lump sum payout would be about $450K after taxes. Even if I put that in a 4% CD (which I was offered by my credit union just today) I have to believe it would make more money than the cost of insuring me.

Old Shooter, Thanks for your response. My DH will qualify for Medicare, but I will not, his employer will not do the 403B match during that 10 months and our tax bracket will be the same then as it is now. So really it's just the health insurance for me. Thanks!

Hello! It's been a while since I have posted.. Long story short... My husband retired in March of 2018. He was given a 24 month severance with full benefits. 14 months into his retirement, the company he left, fired the person who they had hired to replace him. They called and asked him to come...

We have our reserves in the vanguard prime mm and transfer money to our regular checking all the time. It usually transfers over in about 3 business days. Very easy to do on line.

Thank you! I can't even calculate how many hours I have spent researching investing. I came up with a plan that I felt would meet our "being able to sleep at night" criteria and shared it with DH. Of course he didn't feel comfortable with my analysis so he scheduled us to meet with a financial...

I love all your trips! Travel is the reason I am so anxious for him to be retired. We both love to travel. I hope to get some serious miles under our belt this year.

Thank you for all taking the time to send me some advice. I know this is going to be hard for him regardless of the fact that it was on his time line. Thank you for all the help. I will be taking all of your advice.

We actually are leaving on a 10 day cruise on Saturday. I am hoping once we are on the boat he can feel the relaxation and not be sad anymore. We are moving away next month so we can be closer to our kids and families. So that probably isn't helping with the being able to stay in touch with his...

Update Well it's been over 4 years since I found this group and posted the original post in the forum. I have benefited greatly from all of the kind advice and knowledge you have all shared. Although I don't post often, I do read the forum daily. My DH will have his last day in the office this...

My DH's last day in the corporate world is this Friday. He seems a little down this week and anytime I say anything about it, he says he doesn't want to really talk about it because he is sad. When I say things like you know they would love for you to stay, he says he has no desire to do that...

I think the retirees like Heber for the summers and southern Utah for the winters.

Have you looked at homes in Heber? I'm talking about nice homes. Yes you can buy a home that is on a tiny lot with no views, but that's not what we want. There are lots of homes that are priced way over the one we are building in our neighborhood. In fact ours will be one of the less expensive...

http://nahbnow.com/2017/04/cost-of-building-materials-is-on-the-rise/ This is the real reason.

Our builder is a cost plus builder so we pay exactly what the materials cost him and the price of lumber jumped up this past week.

We are in the process of building our retirement home as well. We are building in Heber City, Utah and we were absolutely blown away by the cost as well. We are building a 2700 sq foot ranch with a walk out basement and it will cost us almost 1,000,000. not counting our lot! The builder told us...

Just as I suspected. You all have given me great arguments to give my husband. Hopefully he will see what you all are saying. Thank you!

My husband and I have been talking about how to invest our money post retirement. He thinks it would be a good idea to put half of our money in some triple tax exempt muni bonds. We could collect the payment and just live off of those and never have to touch the principle. I told him I was going...

Yakers, we have one and I love it! First of all Southwest doesn't fly any where foreign unless you count San Juan. But, I use it to fly in the US and their incentive is much more user friendly than Delta's CC. I use it to pay for everything and just pay it off at the end of the month. The...

aida2003, My oldest is in commercial property management and is married to a sweet girl that makes great money as well. My second son is preparing to take the DAT right now and will apply to dental school this summer. I feel your pain on your DH not being interested in finances. I am pretty...

NanoSour, Both of my boys qualified for scholarships for academic performance in high school. So the $1800 a month was just to cover their room and board.

Midpack, I am hoping to sit down with him soon and kind of look at it all and see what his expectations are. He said he thinks we need to pull all of our money out of the stock market when we retire. Does anyone think that is a good idea?

enginerd, we are thinking maybe October of 2016 now. The cash is there waiting for buying opportunities. I can't get my husband one bit interesting in this website or in reading about retirement.... although he is very anxious to retire. He just wants me to do all the planning. A little...

Katiek, This website has been so tremendously helpful! But in addition to that I have read Millionaire teacher (A great read with lots of basic advice that I enjoyed and passed on to my young adult children) and then Bogleheads Guide to Retirement planning is awesome. Highly recommend that one...

I am excited to post an update!! First of all we have officially married off a son and he is OFF the payroll! WHOOO HOOOO! I have spent a lot of time reading the books that were recommended as well as reading on here. Our financial progress is moving right along! Cash $552K Stocks $1.4m...

I'm jealous of all your insurance rates! We pay : $5650 for auto insurance (4 cars and two college aged boys. Both have good driving records and qualify for good student discount) $5500 for home owners insurance (4900 sq. ft house in the middle of hurricane and sink hole country) $7600 for...