Sign up, and you'll be able to ignore users whose posts you don't want to see. Sign up
Oct 8, 2024
12:31:18pm
Zenoch All-American
I retired 4+ years ago. Just started SS this month. Using the 4% withdrawal rate - I'm projecting that I will be pulling
in roughly the same amount that I was making 5 years ago. This includes 30-year pension, Social Security at FRA, my wife pulling in spousal social security benefits based on my SS, plus a small amount of income because my wife and I are caregivers for our adult disabled daughter. Our biggest single source of income will be the 4% distribution of our investable assets (most of which is the 401k). The best part is that we paid off our house (smallish, 4 bedroom rambler) about 10 years ago. We have no debt. Just finished a major house remodel so almost everything (including plumbing, electrical, etc) is all new or upgraded. And we aren't having to save for retirement anymore. So we'll be in the unique situation of turning into spenders instead of savers.
Zenoch
Previous username
Jett
Bio page
Zenoch
Joined
Mar 29, 2002
Last login
Oct 8, 2024
Total posts
17,894 (212 FO)
Messages
Author
Time

Posting on CougarBoard

In order to post, you will need to either sign up or log in.