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UPS Retirement Topics
Thinking about retirement, then this happens
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<blockquote data-quote="rod" data-source="post: 4596677" data-attributes="member: 5382"><p>Those are all decisions you have to make if you retire before you're 65. Once on Medicare and with a decent supplement policy there are far fewer things to think about. Between the time I turned 65 and when the wife did (4 years) we were paying over 800 bucks a month just for her no good insurance. As with everyting else it all boils down to what kind of lifestyle you want to live during retirement. My 401 K was around $500,000 when I bailed in 2001. Close to 20 years later it is still around that even after the crash of 2008 and this year. We had been drawing a few bucks out of it every month for years--especially now that I'm over 70 and you have to. The best advise I can give is get a GOOD financial advisor and stick with him.</p></blockquote><p></p>
[QUOTE="rod, post: 4596677, member: 5382"] Those are all decisions you have to make if you retire before you're 65. Once on Medicare and with a decent supplement policy there are far fewer things to think about. Between the time I turned 65 and when the wife did (4 years) we were paying over 800 bucks a month just for her no good insurance. As with everyting else it all boils down to what kind of lifestyle you want to live during retirement. My 401 K was around $500,000 when I bailed in 2001. Close to 20 years later it is still around that even after the crash of 2008 and this year. We had been drawing a few bucks out of it every month for years--especially now that I'm over 70 and you have to. The best advise I can give is get a GOOD financial advisor and stick with him. [/QUOTE]
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Thinking about retirement, then this happens
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