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Subject:  Re: Asset Allocation Date:  7/31/2005  12:28 PM
Author:  wastelander Number:  47091 of 78168

Will you be getting any social security on top of the pension? Have you sat down and run the numbers to figure out how much money you will need to live on in retirement? Without more details, I can't say much more, but my first impression is that 11 years is really optimistic or you're going to have to really tighten your belt in retirement. You might need to look into relocating -- selling your house and getting a small condo to make your retirement happen. You might have to work part time.

Yes, I will be getting Social Security. With Social Security and the Pension They should total 20K a year. According to my figgers i should be able to have a total of over 300K saved up in the RIRA, the 401K and selling off the rest of my company stock. One nice thing that makes all of this possible is the company I work for now matches 100% to 7%. And with the 300K fiure I am not even calculating the compounding interest which will be acuring.

At present I live on 36K a year and am paying off debts and getting things lined up. I live in th