Retirement Savings -- Countup

[Randomsaver]

I went nuts and bought 3% more. Now 79-21.

[LivingAlmostLarge]

No, we could raise our draw down rate a bit or take a few lump sums if needed.

i meant what percent is the $4000? is it 4% of your portfolio? Then not surprising it's growing

[Randomsaver]

i meant what percent is the $4000? is it 4% of your portfolio? Then not surprising it's growing

I think 4% is required for the first 10 years, after that, folks can increase, say 4.5% the next 10 years.

[Randomsaver]

Market is down.

Savings to Retire at 57 to be used for Age 57-61
Balance: $111K
Goal by end-56: $160K (adjusted new goal for ages 57, 58, 59, 60 and 61)
Retirement Condo $400K: Fully Paid (No Renting expense!)

At age 62, it is SS onwards
401K Retirement Savings: $404K
IRA Retirement Savings: $ 83K
Total Retirement Savings: $487K
Total Retirement Savings Goal: $720K

My Forecasted Monthly Retirement Check Amounts, if to retire starting 2026 (withdrawal can only start in Jan of 2033 or 7+ years from now):
401 + SS : $ 3.28K
IRA : $ 0.32K
Tot : $ 3.60K
Goal: $ 4.00K

The mood is bring to 85:15.

[anhtuvp]

Soon to be millionaire

[Randomsaver]

Soon to be millionaire

Nice! Congrats!

[Randomsaver]

Nibbling away. 84-16 now.

[Randomsaver]

NIbbled to 85-15. We are near the bottom.

[Randomsaver]

NIbbled to 88-12. We are near the bottom.

[Randomsaver]

Market is recovering.

Savings to Retire at 57 to be used for Age 57-61
Balance: $116K
Goal by end-56: $160K (adjusted new goal for ages 57, 58, 59, 60 and 61)
Retirement Condo $400K: Fully Paid (No Renting expense!)

At age 62, it is SS onwards
401K Retirement Savings: $404K
IRA Retirement Savings: $ 85K
Total Retirement Savings: $489K
Total Retirement Savings Goal: $720K

My Forecasted Monthly Retirement Check Amounts, if to retire starting 2027 (withdrawal can only start in Jan of 2033 or 7+ years from now):
401 + SS : $ 3.35K
IRA : $ 0.33K
Tot : $ 3.68K
Goal: $ 4.00K

The mood is bring to 93:7.

[Randomsaver]

Market fully recovered 2025 gains.

98-2.

[Randomsaver]

100-0 now. Bought last 2% high but looking ahed that it will still go up by year end from today.

[Randomsaver]

Market recovered.

Savings to Retire at 57 to be used for Age 57-61
Balance: $128K
Goal by end-56: $180K (adjusted new goal for ages 57, 58, 59, 60 and 61)
Retirement Condo $400K: Fully Paid (No Renting expense!)

At age 62, it is SS onwards
401K Retirement Savings: $424K
IRA Retirement Savings: $ 90K
Total Retirement Savings: $514K
Total Retirement Savings Goal: $720K

My Forecasted Monthly Retirement Check Amounts, if to retire starting 2027 (withdrawal can only start in Jan of 2033 or 7+ years from now):
401 + SS : $ 3.45K
IRA : $ 0.34K
Tot : $ 3.79K
Goal: $ 4.00K

The mood is bring to 100:0.

[LivingAlmostLarge]

good job! I'm so lazy i haven't looked

[Randomsaver]

^Thanks just counting 'em up. It's fun.