No. of Recommendations: 0
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.
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! 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.