This is ‘RICK Just made my last payment. 2024 XLT with BAP, moonroof, tow hitch(haven’t used yet), heated seats and steering wheel, and tinted windows. Bought in July’24. 22,000 miles. Made the payment and then to the car wash.
Hmmmmm, do I trade it in for a ‘26?
In spite of two divorces, two bankruptcies, and one short sale, I have been able to somehow amass about $500,000. I am going to retire at the end of this year at 66. I already started taking SS, and have about $350,000 in a combination of taxable and cash. The rest is divided between my 401k and my IRA. I plan on using the cash first, about $60,000, and then withdraw from the taxable until I have to start taking RMDs. I plan on converting my 401k to my IRA and then converting to a Roth. My living expenses are modest( about $45,000 per year) and I am debt free.
Any advise, questions, comments, and concerns are welcome.