Life One Week to Retirement

493rd · 03-23-2024, 02:14 PM

If I were you I’d go sit down with a CFP professional to build out a financial plan for yourself and wife. I hear Schwab does these at no cost so maybe start there. Then you’ll know exactly how all your pieces come together and when it makes the most sense to take SSI. You’ll also know where your spending threshold lies. As a financial advisor with 18 years experience and a CFP designation that’s what I’d suggest!

GloryDayz · 03-23-2024, 02:40 PM

Quote:

Originally Posted by 493rd

If I were you I’d go sit down with a CFP professional to build out a financial plan for yourself and wife. I hear Schwab does these at no cost so maybe start there. Then you’ll know exactly how all your pieces come together and when it makes the most sense to take SSI. You’ll also know where your spending threshold lies. As a financial advisor with 18 years experience and a CFP designation that’s what I’d suggest!

Been there, done that (with multiple CFPs), we're doing just fine with or without SSI, that's why I refer to it as beer money (or "A trip a month" money). As it should be.

493rd · 03-23-2024, 03:17 PM

Quote:

Originally Posted by GloryDayz

Been there, done that (with multiple CFPs), we're doing just fine with or without SSI, that's why I refer to it as beer money (or "A trip a month" money). As it should be.

Well that’s great…for you. Sounds like you’re in a good place which is fantastic. Not everyone is so confident with their retirement. That’s why I'm employed

GloryDayz · 03-23-2024, 04:19 PM

Quote:

Originally Posted by 493rd

Well that’s great…for you. Sounds like you’re in a good place which is fantastic. Not everyone is so confident with their retirement. That’s why I'm employed

Without a doubt we did very OK, we are blessed.

03-23-2024, 02:14 PM	#1
493rd GDT Contributor Join Date: Sep 2018 Location: * Casino cash: $2480400	If I were you I’d go sit down with a CFP professional to build out a financial plan for yourself and wife. I hear Schwab does these at no cost so maybe start there. Then you’ll know exactly how all your pieces come together and when it makes the most sense to take SSI. You’ll also know where your spending threshold lies. As a financial advisor with 18 years experience and a CFP designation that’s what I’d suggest!
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