UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: FOOLIRWIN Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76396  
Subject: Retirement at 55 Date: 12/7/1999 6:47 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I would be interested in hearing from anyone who has retired at 55. Are there any special considerations when a 33-year career at a major U.S. Retailer allows retirement at 55 and he wants out! 401(k) portfolio is healthy and seems to be well-allocated and balance, and both husband (the one retiring at 55) and wife (age 53, still a few years to go, self-employed, will keep working) have both traditional IRAs as well as Roth IRAs, and wife has Keogh through self-employment -- since IRAs can't be tapped until 59-1/2, and SS won't kick in for us until age 63, I believe, with the new laws, is it possible to be truly retired (i.e., not work), or is working part-time good sense for the next four or five years? (No aversion to work here -- just want to know the options -- no work means maybe more travel). Most investments are sheltered -- small percentage are taxable. Children grown and out of the nest.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Economic Implications of Cuba
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement