Home
What's new
Latest activity
Authors
Store
Latest reviews
Search products
Forums
New posts
Search forums
What's new
New posts
New listings
New products
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
Cart
Cart
Loading…
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Search titles only
By:
Menu
Log in
Register
Navigation
Install the app
Install
More options
Change style
Contact us
Close Menu
Forums
SVTPerformance's Chain of Restaurants
Pics and Videos Buffet
Retired
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Adower" data-source="post: 16781569" data-attributes="member: 34462"><p>I think that all depends on where you live and what type of lifestyle you want. Based on a 401K calculator at a 10% return my wife and I should have ~8M upon retirement at 62. </p><p></p><p>Thankfully we are both govt workers and will also have a combined pension of ~150K so I am hoping we dont have to touch the 401k until the RMD's. At this point they keep raising the RMD so if we retire at 62 and can manage our expenses our 401k will still compound for another 10 years barring any emergencies.</p><p></p><p>One big thing I think you need to consider is health expenses. I read somewhere after retirement from age 62-80 the average cost of health expenses is in the neighborhood of 300K for a couple.</p></blockquote><p></p>
[QUOTE="Adower, post: 16781569, member: 34462"] I think that all depends on where you live and what type of lifestyle you want. Based on a 401K calculator at a 10% return my wife and I should have ~8M upon retirement at 62. Thankfully we are both govt workers and will also have a combined pension of ~150K so I am hoping we dont have to touch the 401k until the RMD's. At this point they keep raising the RMD so if we retire at 62 and can manage our expenses our 401k will still compound for another 10 years barring any emergencies. One big thing I think you need to consider is health expenses. I read somewhere after retirement from age 62-80 the average cost of health expenses is in the neighborhood of 300K for a couple. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
SVTPerformance's Chain of Restaurants
Pics and Videos Buffet
Retired
Top