Hi everyone,
Just came across this site and may be my only hope at achieving my goals.
I am self employed married, 51 with one preteen child. Sat down recently with my financial planner and ran some hypothetical numbers and was surprised at the outcome.
Our current retirement portfolio is around 450,000 with additional assets valued at 500,000.
Our goal is to retire at 60 to avoid the early withdrawal penalties but when we run the numbers planner says we may need to work until 65 for the money to last. Not an option in the field we currently own a business in nor do I want to.
What suggestion do the gurus here have for us .
Just looking for some guidance on where to start searching.
Thanks again for any help
Just came across this site and may be my only hope at achieving my goals.
I am self employed married, 51 with one preteen child. Sat down recently with my financial planner and ran some hypothetical numbers and was surprised at the outcome.
Our current retirement portfolio is around 450,000 with additional assets valued at 500,000.
Our goal is to retire at 60 to avoid the early withdrawal penalties but when we run the numbers planner says we may need to work until 65 for the money to last. Not an option in the field we currently own a business in nor do I want to.
What suggestion do the gurus here have for us .
Just looking for some guidance on where to start searching.
Thanks again for any help