I will begin early Roth IRA withdrawals later this year. When I said that I’ll be living off my retirement funds and making withdrawals, SVB at The Digerati Life wanted more information. There are a few options on how to access funds while I’m still in my 20s. Roth IRA Withdrawals It’s easy to get [...]
I poured over spreadsheets the last couple weeks trying to decide if I could pull off the retirement. My company gave us two weeks notice before our pension plan would drop significantly. Obsessing Over the Decision It was funny, even though I kept looking at the numbers, they didn’t change! As Mike from Quest for [...]
There’s a basic formula for determining when you can retire: when the withdrawals on your retirement nest egg will cover your expenses. Simple right? But what if your company wanted you to make a retirement decision, and gave you two weeks to decide? Unfortunately, that’s a situation that we’re currently facing. Our company announced a [...]
Happy retirement paperwork filing day, mom! My mom is turning in her paperwork today to retire later this summer. I made her a checklist of all the things she needs to do before the big day. I expanded the list here to include planning for those of you nearing retirement (or wishing you were!). Many [...]
After my husband read our net worth update, he asked why our portfolio was declining and if contributions wouldn’t offset the declines. I explained that we had reduced our savings contributions significantly in the last few years, which alarmed him. Actually, the strategy I came up with is anything but alarming. Here’s an example of [...]
