I retired last year and our numbers are very similar. My wife is 7 years younger than I am. We also have 3 kids (1 college, 2 HS). One big difference is our asset allocation (AA) has more equities and less cash (75/24.5/0.5). For a long retirement, higher equities historically have had a higher success rate. I would be concerned having that much cash. It will be a big drag on the returns.
If you are flexible with your spending, you can make it work. Enjoy your retirement.
Once you retire, look to see if Roth conversions are appropriate for you.
If you are flexible with your spending, you can make it work. Enjoy your retirement.
Once you retire, look to see if Roth conversions are appropriate for you.
Statistics: Posted by mhc — Mon Feb 19, 2024 12:23 pm — Replies 21 — Views 989