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Reply to "Savings in reverse... is there a calculator to help figure out if we can retire now?"
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[quote=Anonymous]Op here. Thanks for everyone’s recommendations. I did work a lot of work on this just going year by year how much expense we would expect and then related funds to cover it in a big spreadsheet for 30 years. We are 55/57. It comes out that there is a significant cash flow disparity to manage. I forecast that we deplete our taxable accounts first and then start on our 401k plus social security and a small pension. The forced 401k withdrawals start at 70.5 and then we have surplus every year. We are still going thru anticipated expenses but it looks like we can cover it without having to sell the house or go to 0 savings at 85. For context Our kids are 15,17,18 and we have 4 years of private high school left. We have about 1.5m in taxable and about 2.5m in various 401k funds. Plus house worth 1.3m with 350k mortgage. And college funds that cover about 2/3 of private college today.[/quote]
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