Mountain skier
Recycles dryer sheets
- Joined
- Dec 26, 2018
- Messages
- 129
Hello. I would appreciate your analysis of our financial situation. Are we financially in good shape for retirement? We stopped working last spring...want to officially retire. Basically we both have lol.
Both age 60.
DW: non-cola pension: $31,450/yr
Investment assets: $1,050,000
AA: 21/79 (equities/cash CD's)
House: $330K paid for
SS: DW at 62 $15k; DH at 67 $24K
Yearly expenses: $60K includes: ACA INS and taxes with plenty of discretionary $ for vacations, large expenses. ($40K if small vacation and no large purchases)
I feel confident we are fine but we would really like your opinions. Firecalc says we are 100%.
I realize we might be too conservative with our equities. May go back to 30%-40% equities.
Thank you for your help.
Both age 60.
DW: non-cola pension: $31,450/yr
Investment assets: $1,050,000
AA: 21/79 (equities/cash CD's)
House: $330K paid for
SS: DW at 62 $15k; DH at 67 $24K
Yearly expenses: $60K includes: ACA INS and taxes with plenty of discretionary $ for vacations, large expenses. ($40K if small vacation and no large purchases)
I feel confident we are fine but we would really like your opinions. Firecalc says we are 100%.
I realize we might be too conservative with our equities. May go back to 30%-40% equities.
Thank you for your help.