505050
Confused about dryer sheets
I think I’ve finalized my prep for our ice storm warning so I’ll take Koolau’s advice and write my “Hi, I am”. I and my wife are 62 and 60 respectively. We both retired within 1 day of each other in spring of 2020 and built a home in the north Georgia mountains in 2023. We are engineering/IT types who finished our careers in Atlanta after stops in Texas, North Carolina and finally Georgia, though both originally from Ohio. Our 2 daughters are married and independent with great great careers in engineering and medical.
We have started pulling from our tax deferred accounts in 2025 after living off of deferred income and savings for our first 4 years I haven’t started social security but will sometime between 65 and 70 with wife starting at 62. I’ll also have a small non-COLA pension which will start around age 65. We have a roughly $2m 65/35 portfolio and are weaning ourselves off a FA who we used for the last year for consolidation of multiple accounts from multiple employers.
My name on this site is “505050” which came about when my wife asked me, “so how long do we need to work like this?” This happened when she turned 50. I never thought about it and had always kept my head down, worked hard, saved and didn’t think about it much. Not smart. Started spending time researching and this site became my favorite and introduced me to firecalc and other tools and knowledge. What came out of time was our plan, 505050. At age 50, we would work 50 more month (turned into 60) and bridge our deferred and savings for 50 months until we start to pull from our tax deferred IRAs.
One goal in retirement is travel and are over 60% finished with the National parks coupled with various international trips. This board has been instrumental in helping achieve these goals and is a big part of helping us stay on track. I’m amazed by the breadth of knowlege and topics from the members here.
We have started pulling from our tax deferred accounts in 2025 after living off of deferred income and savings for our first 4 years I haven’t started social security but will sometime between 65 and 70 with wife starting at 62. I’ll also have a small non-COLA pension which will start around age 65. We have a roughly $2m 65/35 portfolio and are weaning ourselves off a FA who we used for the last year for consolidation of multiple accounts from multiple employers.
My name on this site is “505050” which came about when my wife asked me, “so how long do we need to work like this?” This happened when she turned 50. I never thought about it and had always kept my head down, worked hard, saved and didn’t think about it much. Not smart. Started spending time researching and this site became my favorite and introduced me to firecalc and other tools and knowledge. What came out of time was our plan, 505050. At age 50, we would work 50 more month (turned into 60) and bridge our deferred and savings for 50 months until we start to pull from our tax deferred IRAs.
One goal in retirement is travel and are over 60% finished with the National parks coupled with various international trips. This board has been instrumental in helping achieve these goals and is a big part of helping us stay on track. I’m amazed by the breadth of knowlege and topics from the members here.
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