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Personal Investments • FIRE -- Transitioning to the "R" part

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... I realized I have no idea what to do.
Part of this relates to your age, and whether or not you can access your retirement accounts without early withdrawal penalties.

Also, the younger you are, the lower withdrawal rate you should consider.

If you're below 59.5 years old, then you'll either need to have a taxable account to fund your lifestyle, or you'll have to engage in tactics to access retirement money early. There are several at madfientist.com.

You'll also need a good handle on your monthly / annual expenses and what, if anything is likely to change after you stop working.

For healthcare, start at healthcare.gov for an ACA compliant plan that fits your needs and household size.

Regards,

Statistics: Posted by retired@50 — Sun Aug 04, 2024 4:09 pm — Replies 1 — Views 109



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