Hi everyone! Not really sure how to use all the tools for posting and stuff, so some mistakes may be made....
I will be 55 early next year, can draw a pension at that time and my 401K can be accessed at 55 (if retired) with no early withdrawal penalty. I'm looking at retirement income of $50,000 a year. No question about being able to get by (no debt). I can pay the bills with that amount and have some left over. Heck, I can get by on half that, just have to cut out the satilite TV, internet, start a bean and 'tater diet, etc.
I have run Firecalc and it always turns out good, but I still have that fear factor. Its the old "how much is enough" question that I have been asking myself for the last couple years.
Anyway, I have been reading the fourm for that past few weeks and find it very interesting and informative. I like the "polite" feel of the postings and the various topics.
I will be 55 early next year, can draw a pension at that time and my 401K can be accessed at 55 (if retired) with no early withdrawal penalty. I'm looking at retirement income of $50,000 a year. No question about being able to get by (no debt). I can pay the bills with that amount and have some left over. Heck, I can get by on half that, just have to cut out the satilite TV, internet, start a bean and 'tater diet, etc.
I have run Firecalc and it always turns out good, but I still have that fear factor. Its the old "how much is enough" question that I have been asking myself for the last couple years.
Anyway, I have been reading the fourm for that past few weeks and find it very interesting and informative. I like the "polite" feel of the postings and the various topics.