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42......still think IT every hour or so. I guess that makes me ????

Hi, I have many questions with the FIREcalc, hope you guru's will explain to this beginner. 1. Asking for starting value of portfolio.  Is this what my balance is now, or what it is projected to be in 15 years whan I retire? 2. Is it true that the withdrawl rate that is displayed in the...

41

Bought a 2001 Town and Country LXi and saw it's value drop like a rock. If I had to buy another Chrysler/Dodge I would get a used one, that's a good buy. Honda Pilot was just chosen best 3 row SUV You can't beat the Honda Odysey

I can't pay enough each month towards the cc debt to be done in two years. Money is tight right now. I realize I will be taxed at about 28% on any amount I do not contribute to the 401k. I guess I am also looking for a mental edge to getting this accomplished. Maybe I should do option 1?

So I srewed up and now we have two credit cards with high interest rates totaling $13000. I contribute the IRS max of $13000 (coincidence?)approx. 10% of my pay to my 401k with a company match of 5%, $6500 ,per year. I am 80% in S&P 500 index and 20% in Wilshire 4500 index. My balance is...

Thanks for all your tips.  It is obvious that the members of this board are diverse, and thats a good thing. I think I will start by tracking expenses for everything. I like the idea of approaching it from a what you spend vs. % of income.

thanks wayne

OK So it won't be 80%. I buy that, I would like to know what figure to use for all my calculations. I figure erroring on the high side is a good thing.

Whats wrong with the 80% of pre-retirement income needed in ER? I have no clue how much I will need to live on in 17 years when I retire. Can anybody point me in the right direction of how to figure it out. What percentages of pre-retirement income do you find yourself at? Mark

My SS figures are not based on that annual statement, but rather my own computations based on the SSA calculator.

I am not sure if I am imputing my dta correctly. I would like to list my data here and see if I get different suggestions on how to place it in the calculator. age 39 age at retirement 56 yrs in retirement 35 est balance of retirement fund at age 56=$850,000 pension todays dollars $63,500...

Thanks Chris, You cleared it up. Our retirement ages are inverse. I must retire by age 57, but can retire at age 47. Mark

Chris, Thanks for the reply. Just so I get started off right here, I have been using my expected rate of return (example 10%) for predicting my 401k balance in the future. I know that that figure has to be adjusted of inflation. Are most people using a "real rate of return" figure (example 6%)...

I will probably not retire until I'm 56, thats 17 years away. My choices of investment in our 401k are limited to 5 indexed funds: govt securities, s&p500, whilshire 4500, bond fund, and a Europe and east Asia stock fund. I was planning on staying all stock until I get a little closer to...

My 10% rate is not adjusted for inflation. I am using the 10% as a goal for earnings in my 401k. I understand that the balances I mentioned having at retirement are in todays dollars and are not adjusted for inflation. When I look at stock funds and such, should I not be thinking 8 or 10% and...

When calculating WR of retirement funds, are most people assuming this is their only income stream, or do most of you have other sources of retirement cash and the WR calculations are just to ensure the fund does not run out? Mark

Hi everyone, I am also new here and want to become active in this Forum.  I am a 39 yr old civil servant who is elible to retire at age 47 but must retire by age 56.  So, I have a nine year window to retire  starting in 2012. My employer is giving me health insurance when I retire (I pay 25%)...

What about the education (coverdale) account?

I'm counting on getting something from SS. I assume 50% of what they tell me.   I downloaded the SS program and found it difficult to work with.  There are three calculators on the SS website as others have mentioned.  The one in the middle seems to be the most helpfull. multi posts not my fault

I'm counting on getting something from SS. I assume 50% of what they tell me. I downloaded the SS program and found it difficult to work with. There are three calculators on the SS website as others have mentioned. The one in the middle seems to be the most helpfull.

I'm counting on getting something from SS. I assume 50% of what they tell me. I downloaded the SS program and found it difficult to work with. There are three calculators on the SS website as others have mentioned. The one in the middle seems to be the most helpfull.

Markets for aging baby boomers. In 10 years there is going to be a pantload of over 55 people looking to be taken care of in every sense of the word. Do you think all of these male enhancement drugs coming out in such a short span of time is a coincidence?

Hello boys and girls. Just came on board and I am ready for you guys to blow holes in all my retirement plans. Thats ok though, I've got another 15-17 years to go, so fix me now and I'll split the additional earnings with all of you! :P