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mitch96

(13,892 posts)

3. What initially got me was the 800lb gorilla in the room...

Reply to Zorro (Original post)

Fri Apr 19, 2019, 11:01 PM

Apr 2019

When you gonna die?? AKA when your children cash in your accounts. The simple math is, years left / money in the bank = money per month.. BUT what if you last longer than expected? What do you do for money in your "golden,golden" years.. uffda..
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Highlight:

Saving for retirement is hard. Knowing how to spend it down is harder. [View all] Zorro Apr 2019 OP

I found one thing is to keep saving money by pretending you still have a mortgage (I don't), but... SWBTATTReg Apr 2019 #1

I have been doing the 4% rule for the last doc03 Apr 2019 #2

What initially got me was the 800lb gorilla in the room... mitch96 Apr 2019 #3

While not having a mortgage in retirement is nice, PoindexterOglethorpe Apr 2019 #4

"Annuities may not be for everyone, but they have their place" mitch96 Apr 2019 #5

At least your pension is funded. PoindexterOglethorpe Apr 2019 #6

"Too many companies and government entities don't properly fund their pensions" mitch96 Apr 2019 #7