OK. I read your post about
Creating A Retirement Plan, and also the post about
Withdrawal Rates. All good information; thank you for pointing me toward them.
Unfortunately, forecaster does not give options to change your pre-retirement and post-retirement return on your investment. This is why I stuck 7% in. Of course, I would hope for better... but I would rather over-plan than under-plan.
I forgot one of our accounts in Forecaster -- my husband's profit sharing/pension. I'm pretty sure that as far as taxes go, this is considered pre-tax dollars, similar to a Traditional IRA. I assumed they would give $5k/year for planning purposes. I also forgot to add the employer contribution to the 401(k). I assumed $3,500/year. Making the above changes makes a more reasonable burden on us which looks like:
$15,500 to 401(k)
$10,000 to Roths (or non-deductible if we find out we cannot do Roths)
$6,000 to Taxable
I hope to save more than that, but this is what we need for retirement ... other moneys can go toward 529, new house, car fund, etc.