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Yes! This is exactly what I was asking about. Thanks to all who replied, I do appreciate it. I wasn't really having too much trouble with the mechanics of setting it up but was wondering more about the different results from taking money from one type of fund or another. The search continues...

So, I feel kind of stupid asking this question because I'm sure it's here somewhere, and, of course, everyone has such different circumstances, but how do you set up withdrawals from your traditional IRA to fund your retirement? There is all kinds of information out there for accumulating money...

We are in the Dallas area and our electricity costs have gone down considerably since we switched providers. This summer, our highest bill for our 1400 sq ft house was $162. Previous summer bills could be as high as 300+! All electric house, set at 76 pretty much all the time. Sent from my...

Yes, it is very difficult to go back to work after any weekend, or in my case an extra long weekend as I maximized it and took Friday and Tuesday off as well. I have a little spreadsheet "app" that ticks off the days left before I no longer have to go to work. It is the first thing I will check...

Ivinan, Oh no! You didn't hurt my feelings. That's the trouble with this form of communication, isn't it? It can lend itself to miscommunication. I do hope you won't stop responding. I have seen some of your comments to others as well as to me and I appreciate your insight! Maybe I need to...

Ivinstan, perhaps you are giving me less credit than I deserve. I have researched ACA, Medicare, and COBRA and, while I am not a SME I do understand how they work, although I have only recently been looking into the ACA. I was using $60k family income because if I don't have a job, we will both...

Golden Sunset, Phew! I did spend some time looking at the Medicare rules last night hoping I wasn't totally misunderstanding them so it is good to have the validation! I do appreciate your follow up email. Sent from my iPad using Early Retirement Forum

EastWest Gal, Thanks for the welcome. You say your DH is a musician ... Mine is as well and a visual artist. He has been working on various pieces for the last two years, all digital art. But he has never printed anything. He is just perpetually learning. He could, I believe, sell his work but...

Ivinsfan, thank you for your comments. Maybe I was doing something wrong but when I researched ACA, it said we didn't qualify for a subsidy and it looked like it would cost me about the same out of pocket as COBRA. I will look at it again and play with some of the numbers using different amounts...

Regarding future income streams. We both have SS - DH most recent SS statement shows his current age with ~24000/yr, mine at 62 would be a little less than 18000. So I have been using those amounts in my calculations because at the end of this year I will be 63 and he will be 69 and the actual...

Thank you for the warm welcome and advice. Regarding additional savings, I did actually contribute another 500 to The IRAs last year but then decided to divert that to after tax savings instead. I considered a Roth but the FA didn't think we would have to worry too much about taxes in future...

Hello! I've been lurking for a while now and learned a lot. I am a little bit out of my element because I am too old to be considered as an early retiree candidate. However, considering the fact that a few years ago I didn't think we would ever be able to afford to retire at all, and I'm 62 and...