Personal Investments • Which pot of money to take from?

current balances-

Lincoln 457b - s and p 500 82k
Alaska retirement fund - 81k - 65% in target fund, 35% S and P 500 fund.
Vanguard Admiral Wellington 457 8.5k
Fidelity IRA - s and p 500 and Nasdaq 100 - 93k
Fidelity taxable - 2k- money market
Checking account - 29k
old 403b and 401a fixed - 20k

This looks to me like you currently have:
$284.5K in tax-deferred and
$ 31K in Taxable

After you purchase the $96K of service credits, you will be left with only $188.5K in tax-deferred.

Unless you already have fully paid-up housing for the rest of your life and your pension (is it inflation-adjusted?) covers all your living expenses including income taxes, I don't see how you can afford to retire.

Maybe I'm missing something?

Have you paid into SS so you can collect that too?

Statistics: Posted by celia — Sat Dec 30, 2023 4:42 pm — Replies 3 — Views 261

---