Aol has a retirement calculator - filled it out for kicks. I put in all my info (savings/investments), left the future savings rate at zero.
Put in age 50, put in age to start drawing from savings/investments - 50. Pressed submit....it would not accept any withdrawals before age 60!
This is a great example of how people/finacial advisers think of retirement - not possible before sixty!? What a line of cr*p.
I did enter age sixty to start withdrawals - I could take $17,000 per month safely!!! Maybe I'll go live under a bridge for 10 years and THEN live it up!
Maybe not
Put in age 50, put in age to start drawing from savings/investments - 50. Pressed submit....it would not accept any withdrawals before age 60!
This is a great example of how people/finacial advisers think of retirement - not possible before sixty!? What a line of cr*p.
I did enter age sixty to start withdrawals - I could take $17,000 per month safely!!! Maybe I'll go live under a bridge for 10 years and THEN live it up!
Maybe not