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DW & I had our first shots in October. Both of us had sore arm for 2 days but no other issues. We both had our second shots 2 days ago. DW had the exact same reaction - her arm is still a bit sore today - 2 days since the shot. My arm was much less sore with the 2nd shot. However, I did...

Thanks for the discussion. There are some very good insights for me to consider. I do have a DD to consider for inheritance. I will discuss scenarios with my CPA to incorporate some of the thoughts brought up here. My guess is that it is not a slam dunk either way.

Thanks for your comments. Your thoughts align with my original plan - If I can convert and avoid tax on future gains then I will come out ahead. However, i-orp may be taking something else into consideration that I am not. That is why I included the spending info.

I was using i-orp to assess the income impact of converting an IRA to a Roth IRA. I kept current tax rate and investment rate assumptions consistent with future rates. These numbers are simplified but reflect our situation: DW and I are both 60. Recently retired. Current income is $50k from...

Thanks to everyone for all of the comments and support. It is much appreciated. After all of the input I will likely just switch at the end of this year to ACA insurance. Waiting until 5/2017 may save me a few dollars but I'd rather avoid the stress of the unknown.

That is a great point. Insurance under cobra will cost me about $700 less per month so it may make sense to use cobra through the end (4/2017) and then start up the more expensive ACA insurance in 5/2017. This brings up 2 risks: 1. There will be a major health issue in the first 4 months...

gauss - Most of my next egg is in after tax accounts so, I believe, that my assets would not be protected. Bamsphd, I stand corrected. I went back to my old emails I was not declined because of pre-existing condition a year ago - It was late 2013 (we have been dealing with health issue for a...

I am calm, just trying to get some perspective given my situation. I appreciate all of the feedback! Senator, wouldn't that strategy risk being sued at some point if my bills became extraordinarily large? I'm not sure that I'd like to risk my nestegg.

With dealing with my DW's condition and, at least, the prospect of repeal without a definitive replacement I feel entitled to worry a little bit. Believe me I would rather be on the sidelines but I am right in the middle of the game!

Thanks bamsphd - I did apply for individual insurance at the end of last year to avoid cobra. Unfortunately, I was declined by 2 insurers due to the pre-existing condition. I assume that I would have the same problem this year. I believe that my only option is ACA. Yes?

The election and the Republican promise of ACA repeal leaves me with some questions. Situation - my DW has a pre-existing condition (cancer). I retired 10/2015 and have been on cobra which I can extend until 4/2017. If nothing changed then my plan was to change to ACA insurance at the end...

Congratulations! You have saved enough to FIRE very comfortably. Your dividend return is very good on a 50/50 allocation.

I tried to add myself to the list in October but I guess I didn't do it right. Anyway, I worked my final day on Oct 1 so I am on the 2015 list. Thrilled to move to the next phase of life. Already busy doing anything but w*rk! 1. Ikubak - April/May 2015- age 52 2. LoneAspen - Moved to Class of...

Worked my final day on Oct 1 so I am on the 2015 list. Thrilled to move to the next phase of life. Already busy doing anything but w**k! 1. Ikubak - April/May 2015- age 52 2. LoneAspen - Moved to Class of 2016 3. Neihn - Dec 2015- 4. Fourchristians - June 2015 5. ABQ2015 - March 2015- 59 6...

You have an impressive nest egg at 45. Rather than fully pull the plug on w*rk would you consider something PT? That would give you time flexibility, some financial relief, and keep your business skills up-to-date.

Thanks for the tip. It looks like a great site for ER world travelers!

First, congratulations on your nest egg - to build that is no small feat. I agree with the conversion and withdrawal strategies suggested by the previous posters. My only addition is that the amount of cash seems very high to me. I know that the short-term outlook for equity and bonds are...

I was in your exact situation 3 years ago - same investment amount and allocation with the same expenses. The only difference is that I will get a small, non-cola, pension whenever I choose to start taking it. While I was comfortable with the prospect of total ER I decided to consult PT. 3...

Thanks for all the information. I'll assume that rates will rise. Therefore, the best strategy in that scenario is to delay my annuity until the actual time when rates (and my payout) are higher. Make sense?

That's a great point. Strangely, the annuity payout calculation is not in the plan document so yesterday I requested that they provide it to me. I assume, like you, that the calculation factors in the prevailing rates in some way.

The numbers are not fixed - it is a projection based on current rates. I get an interest credit added to the total plan value each month (currently around $250k). The interest credit calculation for each month is factored by the treasury rate. Currently, with interest rates low, my interest...

Health? No one really knows for sure but given recent health issues (DW) and some of early demise in family history (me) I would guess that the chances of both of us making it to 85 are less than 50% Do we need the money now? No, but that doesn't mean that it wouldn't come in handy now. Sent...

Thanks - that's an easy way to consider it. What are you thoughts about the effects of inflation? In other words the increased amount paid from taking the pension from 65 onward would be paid to me in "cheaper" dollars even though there would be more of them. If I take it now I would be...

I am moving from FT to PT in the next few months so, given a drop in my marginal tax rate, I am ready to consider tapping into my pension from a previous employer. I can take the non-cola pension now (age 56) and receive $1076 per month. Alternatively, I can receive $1709 per month at age...

Of course you are correct - price is also reflective of all things effecting the market. I sometimes don't fully understand which PE is the best one to use since the earnings used are different depending on how they are reported. Is PE10 the best? Quick question though - "adjusting net worth...