EarlyRiser
Confused about dryer sheets
- Joined
- Nov 5, 2013
- Messages
- 3
Hello, new to this forum and have lately been thinking it's time. I think I know the answer but am looking for encouragement. Here is our current status:
I'm 57 and DH 55 and still both working.
Daughter still in college but have 529 to cover the remainder. Son grown.
We would have megacorp retiree health insurance.
No debt. House paid off.
Primary Residence worth about 750k intend to stayput for next 10 years
850k Cash
900k Investments (maybe 80/20 stock/bond)
2400k Retirement (401k/IRA) (maybe 80/20 stock/bond)
If stopped working today
120k/year DH Defined Benifit Pension start today
28k/year DW lifetime annuity (in IRA) starts in 2.5 years (at 59.5)
20k/year DW SS in 5 years (at 62)
20k/year DH SS in 7 years (at 62)
Yearly expenses estimated 100k to 120k.
I'm 57 and DH 55 and still both working.
Daughter still in college but have 529 to cover the remainder. Son grown.
We would have megacorp retiree health insurance.
No debt. House paid off.
Primary Residence worth about 750k intend to stayput for next 10 years
850k Cash
900k Investments (maybe 80/20 stock/bond)
2400k Retirement (401k/IRA) (maybe 80/20 stock/bond)
If stopped working today
120k/year DH Defined Benifit Pension start today
28k/year DW lifetime annuity (in IRA) starts in 2.5 years (at 59.5)
20k/year DW SS in 5 years (at 62)
20k/year DH SS in 7 years (at 62)
Yearly expenses estimated 100k to 120k.
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