http://www.iplanretirement.com/retirementblog/how-to-retire-with-less-than-million-dollars/ Learn How To Retire Early Mon, 30 Jan 2012 04:44:05 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.iplanretirement.com/retirementblog/how-to-retire-with-less-than-million-dollars/#comment-8739 Joe Thu, 12 Jan 2012 00:36:57 +0000 http://www.iplanretirement.com/retirementblog/how-to-retire-with-less-than-million-dollars/#comment-8739 The tax on your investment income depends on many factors including the type of investments you have, but unless your investments are tax free you will pay taxes - certainly on capital gains which is currently at 15%. The health insurance liability is the killer for all early retirees depending on your age, health record, dependents, etc. The tax on your investment income depends on many factors including the type of investments you have, but unless your investments are tax free you will pay taxes – certainly on capital gains which is currently at 15%. The health insurance liability is the killer for all early retirees depending on your age, health record, dependents, etc.

]]> http://www.iplanretirement.com/retirementblog/how-to-retire-with-less-than-million-dollars/#comment-8738 Tom Jones Thu, 12 Jan 2012 00:07:42 +0000 http://www.iplanretirement.com/retirementblog/how-to-retire-with-less-than-million-dollars/#comment-8738 Reduce the $2,500 month income on the 4% of $750,000 by income tax and you have significantly less to spend. Now reduce by the real cost of health insurance per month - say $1,000 conservatively, you have about a grand of monthly income left. Reduce the $2,500 month income on the 4% of $750,000 by income tax and you have significantly less to spend. Now reduce by the real cost of health insurance per month – say $1,000 conservatively, you have about a grand of monthly income left.

]]> http://www.iplanretirement.com/retirementblog/how-to-retire-with-less-than-million-dollars/#comment-2547 rob Sun, 30 Jan 2011 22:20:11 +0000 http://www.iplanretirement.com/retirementblog/how-to-retire-with-less-than-million-dollars/#comment-2547 I am 46 and the most important issue to me, is time. I ran into a friend back in Boston last week and he said " you were talking about leaving the corporate world 20 yrs ago and to head to the carribean to bartend". Nothing has changed in desires, except that 20 yrs have gone by. I have given myself a 2 yr deadline and that is it, off to a different way of living in Mexico. I am 46 and the most important issue to me, is time. I ran into a friend back in Boston last week and he said ” you were talking about leaving the corporate world 20 yrs ago and to head to the carribean to bartend”. Nothing has changed in desires, except that 20 yrs have gone by. I have given myself a 2 yr deadline and that is it, off to a different way of living in Mexico.

]]> http://www.iplanretirement.com/retirementblog/how-to-retire-with-less-than-million-dollars/#comment-2196 Fred Wed, 05 Jan 2011 01:30:36 +0000 http://www.iplanretirement.com/retirementblog/how-to-retire-with-less-than-million-dollars/#comment-2196 My wife and I have 1m in savings, IRA, 401. At 53, I'm sick of working with assholes in a corporation. We own everything.. a home, cars, and live a simple live.Last year my 401k earned 14% being conservative investments. My wife and I have 1m in savings, IRA, 401.
At 53, I’m sick of working with assholes in a corporation. We own everything.. a home, cars, and live a simple live.Last year my 401k earned 14% being conservative investments.

]]> http://www.iplanretirement.com/retirementblog/how-to-retire-with-less-than-million-dollars/#comment-876 Christine Thu, 07 May 2009 17:03:01 +0000 http://www.iplanretirement.com/retirementblog/how-to-retire-with-less-than-million-dollars/#comment-876 This is quite interesting and informative for me. I am being downsized in a few months, at the age of 51, and am getting a fairly decent severance package. I'd been thinking of retiring, or at least getting a less stressful part-time job, rather than trying to jump back into the workforce right away. Your website has some very helpful ideas. Thank you! This is quite interesting and informative for me. I am being downsized in a few months, at the age of 51, and am getting a fairly decent severance package. I’d been thinking of retiring, or at least getting a less stressful part-time job, rather than trying to jump back into the workforce right away. Your website has some very helpful ideas. Thank you!

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