Well, how much do you have in your 401K and how old are you?

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anonymous said:
AGE 54.5, NO KIDS, SINGLE
ROLLOVER OF 401K INTO IRA FROM PREVIOUS JOB $873,000
401K $79,000
STOCKS $73,000
CHECKING ACCT $20,000
RETIREMENT TARGET AGE OF 60
Click to expand...


UPDATED 4/15/19
AGE 55, NO KIDS, SINGLE
IRA BALANCE $935,000
TRUST INHERITANCE $950,000
401K $98,000
STOCKS $79,000
CHECKING ACCT $22,000
RETIREMENT TARGET AGE OF 58
 












anonymous said:
51
1,6 in investments/401k
400K in liquid assets
Pension 800K

If I stay in CA I will have to work longer. If I live elsewhere I can perhaps retire at 55ish
Single, no kids
Click to expand...

Even if you related to a lower cost of living area, have you taken into consideration a 4% SWR? Will that throw off enough income? What about covering your healthcare costs prior to Medicare?
 
























UPDATED 4/15/19
AGE 55, NO KIDS, SINGLE
IRA BALANCE $935,000
TRUST INHERITANCE $950,000
401K $98,000
STOCKS $79,000
CHECKING ACCT $22,000
RETIREMENT TARGET AGE OF 58

UPDATED 6/23/20
AGE 56, NO KIDS, SINGLE
IRA BALANCE $1,071,000
TRUST INHERITANCE $1,373,000
401K $134,000
STOCKS $138,400
CHECKING ACCT $29,000
RETIREMENT TARGET AGE: RETIRED JUNE 2020
(INVESTED IN VOLATILE TECHNOLOGY MUTUAL FUNDS FOR 30 YEARS)
 












64 years old
34 years in pharma (3 different companies)
2.6 million in 401Ks
300k in equities
Own home, $350k value
No debt
Hot wife
Good life
Sad this business has become a shit hole...
 






64 years old
2.6 M in total 401k (3 different companies)
300k in equities
Own home: value 350k
No debt
Hot wife
Good life
Sad to see this industry turn to shit, but happy and grateful for the career I have had
 






^
I lied...true about the hot wife, but I have had to spend every dollar I’ve made to keep her. Actually have second mortgage on the house, under water on the Mercedes lease. $150k in 401k @ 62 years of age
 


















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