Independent
Thinks s/he gets paid by the post
- Joined
- Oct 28, 2006
- Messages
- 4,629
I got some interesting replies on the “Social Security Gap” toward the end of this thread: http://www.early-retirement.org/forums/f28/is-4-swr-a-no-brainer-now-44342.html I thought I’d turn the question into a poll.
The concept is that “early” retirees have a period when they aren’t working but aren’t getting SS benefits either. I’m guessing that most people want relatively level total income during retirement, so what provisions are they making (or did they make) for filling the gap?
Using my situation as an example: I planned for 7 years for me (59 to 66) and 8 for my wife. We have/had specific assets (primarily a CD ladder) that we expected to liquidate. This was/is in addition to our regular IRA withdrawals.
(The "bucket of money" option in the poll refers to people who plan to keep the next ___ years of spending in short term fixed assets, with the remaining spending in some long term assets like stocks.)
The concept is that “early” retirees have a period when they aren’t working but aren’t getting SS benefits either. I’m guessing that most people want relatively level total income during retirement, so what provisions are they making (or did they make) for filling the gap?
Using my situation as an example: I planned for 7 years for me (59 to 66) and 8 for my wife. We have/had specific assets (primarily a CD ladder) that we expected to liquidate. This was/is in addition to our regular IRA withdrawals.
(The "bucket of money" option in the poll refers to people who plan to keep the next ___ years of spending in short term fixed assets, with the remaining spending in some long term assets like stocks.)