To answer some items.
I don't trust retirement planners either. But they are a tool to get one pointed in the right direction. I made everything worst case in my estimations. Fidelity does not get fees from me for managing my account. They get them from my employer. That was THE main reason I left my money with them instead of moving it when the plant closed.
Second, we pay some on our health insurance but the greatest part of the bill is paid by the Commonwealth (Kentucky is not a state) of Kentucky and my previous employer. The bill will go up but is still manageable.
Third, I didn't figure in the reduction in some costs on purpose. For example, I am driving 81 miles every day, 22 mpg makes for a $240 gas bill each month. I left that expense in.
Third, we have enough put back to make it once age 62 arrives and I start drawing Social Security. What I am concerned about is the gap years from 57 to 62. I think I have a way around that, will have to see Tax Man next week to check it out. By the way, my wife can never draw any Social Security, she is in a different retirement system. But last November she had to start paying Medicare as "shared responsibility" from Obamacare. I am now a registered Democrat who votes straight Republican.
Fourth, it doesn't matter, I am retiring sometime between March 15th and July 1st. The only thing that will stop that happening is ***** and the Corruptocrats seizing all the 401Ks which I understand they want to do.
I don't trust retirement planners either. But they are a tool to get one pointed in the right direction. I made everything worst case in my estimations. Fidelity does not get fees from me for managing my account. They get them from my employer. That was THE main reason I left my money with them instead of moving it when the plant closed.
Second, we pay some on our health insurance but the greatest part of the bill is paid by the Commonwealth (Kentucky is not a state) of Kentucky and my previous employer. The bill will go up but is still manageable.
Third, I didn't figure in the reduction in some costs on purpose. For example, I am driving 81 miles every day, 22 mpg makes for a $240 gas bill each month. I left that expense in.
Third, we have enough put back to make it once age 62 arrives and I start drawing Social Security. What I am concerned about is the gap years from 57 to 62. I think I have a way around that, will have to see Tax Man next week to check it out. By the way, my wife can never draw any Social Security, she is in a different retirement system. But last November she had to start paying Medicare as "shared responsibility" from Obamacare. I am now a registered Democrat who votes straight Republican.
Fourth, it doesn't matter, I am retiring sometime between March 15th and July 1st. The only thing that will stop that happening is ***** and the Corruptocrats seizing all the 401Ks which I understand they want to do.
