The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retirement-Soon or Done


Subject:  Retirement question Date:  8/9/1999  5:43 PM
Author:  hvyevy2 Number:  49 of 178

So, foolish professor and GrayWulff, you're going to do it on 3/31/01. Well, how's this!! I'm doing it on 3/31/00. I have a logical reason. I will be 70 on 4/1/00!!! Yeah, I know, April Fool, but it is true, that's my birthday.

If you guys and gals are saying to put 5 years of income in MMF or bonds or something, are you saying this amount should be net after deducting SS and retirement and trust payments? i.e. figure what you need for 5 years, subtract what you know you are going to get from the above and pull out the rest for the MMF or bonds? Do you then adjust each year from the mandatory IRA, 403(b) withdrawals? Let me know.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us