Hello Everyone!
My name is Mack and here are some of my particulars:
Age: 59 (60 in March)
Retirement portfolio = $982k in 401k (20% in Roth 401k)
Pension= $2.3k month (no cola)
Home = $380k (no mortgage)
Status = single
Income = $150k
Expenses = No major expenses or debts
Savings = $100k (brokerage and savings accounts)
Researching the possibly of retirement between now and 62. My main concern is the cost of funding my health care coverage for 3 to 5 years. Additionally, I would like to move into a new home. I would use proceeds from sale of current home plus possibly $25-50k from savings to cover purchase. After retirement, I plan to work sporadically and at my leisure doing consulting jobs.
Thoughts?
My name is Mack and here are some of my particulars:
Age: 59 (60 in March)
Retirement portfolio = $982k in 401k (20% in Roth 401k)
Pension= $2.3k month (no cola)
Home = $380k (no mortgage)
Status = single
Income = $150k
Expenses = No major expenses or debts
Savings = $100k (brokerage and savings accounts)
Researching the possibly of retirement between now and 62. My main concern is the cost of funding my health care coverage for 3 to 5 years. Additionally, I would like to move into a new home. I would use proceeds from sale of current home plus possibly $25-50k from savings to cover purchase. After retirement, I plan to work sporadically and at my leisure doing consulting jobs.
Thoughts?