Objective information about financial planning, investments, and retirement plans

Comments

  1. The biggest concern I have is the gap from when I retire until I start collecting pension/SS and Roth/401k. I don’t think I’m going to make it to 62 in my industry, so if it’s say, 55, I need to bridge several years of living expenses until I can start collecting fixed income benefits accrued. So, my focus will have to be to start setting aside some funds in taxable accounts and savings and hopefully, still have some side income available via real estate or the blogging gig. But that’s 20 years out, so who knows what side income opportunities will look like that far out?

    • Roger Wohlner says:

      Thanks for the comment. I dare say the next 20 years will be both interesting and challenging on the retirement planning front. The concerns you express are pretty typical for those contemplating early retirement. The other major concern has been the availability of health insurance coverage either at all or at least at an affordable price to bridge them until Medicare. That may or may not have been addressed via Obamacare, but even if that is repealed hopefully that issue will be addressed in some form.

      From following your blog I dare say I would bet on you being successful in your journey to retirement.

  2. Abigail says:

    Not too long ago, I did a piece about how I don’t want to retire. Of course, we’re kind of a special case. I spent a few years on disability, and it’s terrifying to live on such a fixed income ($800 a month in Seattle) and know that you can’t really affect it. It’s also a huge blow to the ego.

    Maybe I’d feel differently if we had more money set aside. As it is, we have spent the last six years digging our way out of debt from student loans and medical bills. (My husband also has health problems, and he’s actually on disability now.)

    So I have an amazing boss who works around my condition and who pays me well. I just can’t see wanting to leave that. Then again, since I’ll probably always be the main wage earner, maybe I am just being more realistic than anything else.

    • Roger Wohlner says:

      Thanks for comment and for visiting the site Abigail. You make a great point in that retirement has many different meanings for different people. This can range from “gone fishing” to continuing to work out of need, interest, or both. As we all live longer and in many cases stay in good health longer this will continue to evolve I’m sure. I briefly checked out your blog and I really like it, I will look for the article you mentioned specifically.

  3. Denise Norberg-Johnson says:

    Roger, I enjoyed your article with one exception – you’ve used the word “perspective” when you really mean “prospective” clients.

    • Roger Wohlner says:

      Denise thanks for your comment. LOL I suspect this isn’t the only typo on the site but I do try catch them before hitting publish.

Speak Your Mind

*

Current ye@r *