I am 52, single (engaged and getting married in 2.5 years or so, once our kiddos have launched), hoping/planning to retire in 8 years at 60. Total invested assets for retirement (i.e. not counting emergency fund or 529) are at about $900,000.
Right now I am at 47% in taxable, 28% tax-deferred, 25% tax free.
Relatively high proportion in taxable is due to a couple of windfalls that couldn't be put directly into tax-advantaged accounts. But every year I max my Roth IRA using dollars taken from taxable, and sometimes I spend from taxable in order to bump up my tax-deferred and/or Roth savings through my work 457 plan. Similar to an earlier poster, I am likely to have the same or slightly higher taxes in retirement than while working, due to receiving both pension and SS.
The upcoming transition to a MFJ household will shift my planning--my fiancé and I will engage a fee-only financial planner to make some projections and figure out what makes the most sense at that time.
Right now I am at 47% in taxable, 28% tax-deferred, 25% tax free.
Relatively high proportion in taxable is due to a couple of windfalls that couldn't be put directly into tax-advantaged accounts. But every year I max my Roth IRA using dollars taken from taxable, and sometimes I spend from taxable in order to bump up my tax-deferred and/or Roth savings through my work 457 plan. Similar to an earlier poster, I am likely to have the same or slightly higher taxes in retirement than while working, due to receiving both pension and SS.
The upcoming transition to a MFJ household will shift my planning--my fiancé and I will engage a fee-only financial planner to make some projections and figure out what makes the most sense at that time.
Statistics: Posted by JayDee37 — Sun Jan 25, 2026 11:44 am — Replies 299 — Views 35108