It’s 2018, the world is upside-down, we’re retired and we’re… saving for retirement??! It’s true, friends. Despite already saving for retirement and feeling completely solid with what we’ve saved, this year we’re saving even more. Here’s why and how.
We know — the excitement of the *early* part of early retirement is powerful. So much so that it’s easy to focus our retirement planning mostly on those early years. The later years are also so much harder to predict — more variables, a longer time horizon, more unknown unknowns. But as we’ve seen in our own planning, it’s easy to have an inadvertent early phase bias built in — here’s how to suss that out and ensure that you’re planning for both your early retirement and traditional retirement.
It’s time for our second quarter early retirement progress report — our second to last! — complete with charts galore. This quarter we hit another milestone that’s both wonderful and a relief, and we’re setting our sights on building up a sizable cushion by year’s end for future health care unknowns. Plus: we’ve launched a reader survey and we’d LOVE your input.
As we promised in our recent pre-retirement to do list post, we’re dedicating a whole post to the question of what we’ll do with our 401(k) accounts after we retire next year. Our 401(k) accounts make up a major part of our portfolio — and up to 100% of what we’ll live on after age 60 — so we want to be sure they’re taken care of.