I know this is a ceazy question.
Where do Connecticut and New York City people mainly retire to? Whatcstate/ cities?Is there a pattern ? Ive noticed that east coast people vacation south of where they live and the same for California residents.
Does this hold true for retirement?
I'm playing around on the Illinois Health Exchange site, trying to understand premiums for gold, bronze, and premium plans. I'm assuming a MAGI of $84,000 a year for three people because my son is still in college so he's a tax dependent. And the three gold plans for Blue Cross Blue Shield are less than $10 a month with the tax credit? That seems crazy to me. What am I doing wrong? I know I have to be very careful with the MAGI and if I go a dollar over I'm screwed but this seems too cheap. I'm trying to put together the data to see if I can retire this year or not and if this healthcare can be made affordable. Even under $500 a month I can pull this off but this looks crazy! I am 61 and my wife is 58 so we need a bridge until Medicare.
We are considering retiring in Kerrville Texas. What are the pros & cons of living there?
We finally reached $1 million dollars and plan to retire in about 1 1/2 years. Wife will be 62 then and I will be 63 1/2. Our spend is $55,000 a year and our combined social security will cover this spend. We are getting excited now for retirement but still are concerned about health care. We plan on using COBRA which will get me to Medicare and she will buy from the open market for 1 1/2 years until she is eligible for Medicare. Just wanted to know what others are paying so we have an idea what we might be paying. We know everyone is different and there are a lot of factors involved but I think it still might give us a range to shoot for
I’ve been teaching kindergarten - 2nd grade for 29 years. Kids are changing, parenting is changing and I’m tired!
At 55 years old now I would retire with 41% of salary for pension but I need to wait till 60 years old and get 73%
Some days …
I don’t think I can make it another 5 years.
So my question is how can I make the waiting more bearable?
Is there anything people did when they had a 5 years count down.
I’ve thought of taking my yearly 10 sick days off on a Monday each month- as an incentive.
10 less Sunday scaries !!!
What helps the waiting??
This is so cool. I’ve been close but never actually hit this milestone in a single month.
I (35m) and my wife have a NW of 1.98M, broken down as 120k cash, 1.6M invested, and our house at 260k. No debt or mortgage other than the revolving balances on our credit cards which are paid off monthly. Our investments gained 180k this month. My wife is a SAHM and my salary is 145k, so this was significantly more than we take home in a year.
I wish I could share with someone other than my wife but won’t for obvious reasons, so I’ll share here.
ETA - for the love of god please stop telling me not to get excited or that this isn’t normal. Absolutely no where have I said I expect this all the time or that I don’t realize it can go down. I’m celebrating this milestone.