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Subject:  A plan to consider!! Date:  7/28/1998  9:44 PM
Author:  middlearth Number:  4722 of 96381

I'd like some feedback on this tentative plan:
-Retiring at around 52 years of age.
-Getting about 65% of pay.
Annuitizing 401K and 457 plans with equal monthly payments over my life time. The combination should give me equivelant to about 100% pre-retirement pay.
-From a well diversified portfolio of quality stocks, each year cash in 10% of the amount by which each has appreciated (leaving the laggards alone)and supplementing income to combat inflation- meanwhile reinvesting all dividends.
-At a leisurely time start drawing on Roth IRAs as further supplement of income.
-At age 62 begin receiving SS (if it's still there).
This should theoratically leave the portfolio of stocks in tact permenantly.
OK- anything wrong with this picture?
Thanks for any feedback.
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