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Okay, I understand. Thank you for the idea about just paying the penalty if there is a significant change, that probably makes the most sense for me.
Thank you again - my template is on another thread, where you've already advised me on my overall plan. Now I am just trying to figure out the best ti...
I will look into your suggestions, thank you again for your generous advice.
I understand the need to insure against catastrophic loss, but I thought that one benefit of having enough money in the bank is the ability to self-in...
Re: putting $100k in a separate account - that's what I did to end up with the $700k SEP-IRA, which would be my emergency fund. Two children, ...
Annually. I was kind of hoping that half of my 2nd annual distribution could go to pay taxes on the 1st annual distribution, and then half of my 3rd a...
Thank you for your thoughtful reply. To clarify - right now, the calculator is telling me I can get $90k/year pre-tax on $3.1M at the 1.07% April AF...
Thanks. I really appreciate your input on this as I have no experience dealing with IRS, and I don't trust any of the local CPAs to have a clue ...
Thanks for the feedback. I opted to have no taxes withheld. I have no non-retirement investments and won't have any as I'll be living on just under $1...
Thanks for your replies and patience.
Not looking to take from any other accounts, especially with penalties. Just wanted to see if I have the option of getting a full year distribut...
I did start my plan in July using June's balance and set up monthly distributions. So I have taken 1/2 of a yearly distribution. Going back a couple...
Others have said it before, but I'm going to say it again: this website is an incredible resource for people like me -- ready to retire early and want...
Thank You!
Great, so I don't need to take a full year payment in my starter year. But on following years, I do. The SEPP Plan template, is there a downlo...
That's a great idea with the reverse calculator and separate plans, will think about that some more. But back to clarity with a little math ex...
Thanks for the quick reply. And just for added clarity, I can not take out more, but I can take out less?
Thats what I am now expecting. I guess there is always the RMD method but I was really hoping the rates stayed in the 2.5-3 range! 0.5 is ridiculous...
Hello - thank you for the response. I plan to start my retirement in ten years best case scenario. Most likely though it will be fifteen years away. ...
Yeh, Im in a small town in North Dakota (I'll do some more looking) and both kids have their " stuff " together and well on their way.
2,250,000.00 in ira's for sepp 365,000.00 for 403-b that we don't plan on using before 70 unless emergency. 440,000.00 in roth's that we would lea...