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I would roll over your old 401k to a vanguard tIRA. Start a new 401k at your new job. Do you know what funds they offer? if not great I would contribute to get the match then contribute to your vanguard tIRA.

Have you purchased any ibonds? Those keep up with inflation. We started purchasing a few years ago.

Alot to figure out.....

not a problem - all good information to know.

I will most likely be in the same tax bracket in retirement, receiving 3 pensions and social security

OP here, I just checked my husbands 401K, currently we contribute 6% and company matches 82% of our 6%. I think we should probably start contributing some more to a ROTH. The company will match in the ROTH as well. 1) Do u think we should contribute the 6% to his 401k ROTH instead of the...

This is our tax rate now... Marginal Tax Rate 25 % Federal/ 6.33% State and NYC 3.876 In retirement 4-7 years from now...we will be getting my 2 pensions totaling $20,200 year my ss if I take it at 63 when I'm planning to $15,500 husbands pension $30,000 (unless we decide to go with lump sum)...

Great, thanks

I Will also be paying 22% tax since we will have 3 pensions plus SS. Anything we can do now to prepare? Perhaps put more in ROTH as opposed to 401K - either way I think it will be a wash

Yes, I am one of those who will have my husband wait until at least 90%

Glad it all worked out for you! Thanks for sharing your story

Just curious...did you wait to choose 100% success?

Do you worry you won't have enough?

I will have two pensions (I'm currently 54 and working) @ 62 $8,700 year (from a job I left in 2000) (can take 80,000 lump sum now) @ 63 $11,500 year (currently still at) that will be 100% survivor Husband will have(he is currently 55 and working) @ 60 $30,000 that will be 100% survivor or...

Its funny how when we met with a financial planner (yes I know they want us to invest with them because they get like a 1% fee) anyway, they told us my husband could retire today and we would be more than good. I know better, since I'm a boglehead investor. On the firecalc calculator we are...

Thank you everyone!

OK, thats what I figured. Anyway to add in additional income. For example my husband wants to retire in 2026 BUT I will still working earning income for about 4 years. Where would I put in that $50,000 per year income? thanks

That will be our scenario - for the 1st 7 years we will need to withdraw more, then all the pensions and ss will kick in.

OK thanks everyone. Next question when you fill out the firecalc, when it asks for spending, and investments, do you put in total how much you will be spending a year OR how much you will be taking out of your investments per year? so for example -we want $140,000 to spend a year. We have...

Hi everyone, Question, that might sound stupid but need to ask: Lets say you have $1,000,000 in retirement accounts. The safe withdrawal rate in retirement is 4% a year (40,000). On average your retirement accounts grow conservatively 4% a year. Its pretty much a wash from what you withdraw...

Nevermind, figured it out...thanks

went on and signed up for emails...not sure what else there is to read on that site.

Thank you - just ordered!

Thanks - I am a bogleheads.org member - don't think I ever read thru all that - I will! I love boglehead, they help me set up my funds in IRA and 401.

HI, My husband is looking to retire in about 5 years...will be 60 years old...I will be 59 at the time and will continue working till 62/63. Any book recommendations that are easy to understand that talk about what funds to withdraw from and how to save on taxes in retirement? thanks