Retiring at 51

[NitroZ7]

First day of retirement started today for me. Will turn 53 this year. Original plan was around 55 but early out plan offered at work made it dumb not to take given my plan to leave in a year or two anyways.

Nitro, I have been preparing for this change for the past 5 years as I have been building an appropriate cash allocation. I will be taking a % from that, get a % from my dividend paying stocks and funds, % cashing out of taxable accounts.

This will be executed for the next 7 or so years until I will be able to access tax advantages assets...then things change again once SS will be taken etc.

Congratulations on making it to retirement. I have been building a portfolio as well for the past few years but still have about 1/2 of it in cash since I was planning on having a few more years to invest. I have about 38 dividend paying stocks, some index funds and some ETFs. Some of these are more geared towards growth. Now that you are retired are you trimming some growth and moving more into higher dividend paying stocks?

Also what are you doing for health insurance? I was looking at some policies on the exchange but my wife is mad at me for doing this because she likes my current insurance.

[BoilermakerZ519]

Congratulations on making it to retirement. I have been building a portfolio as well for the past few years but still have about 1/2 of it in cash since I was planning on having a few more years to invest. I have about 38 dividend paying stocks, some index funds and some ETFs. Some of these are more geared towards growth. Now that you are retired are you trimming some growth and moving more into higher dividend paying stocks?

Also what are you doing for health insurance? I was looking at some policies on the exchange but my wife is mad at me for doing this because she likes my current insurance.

Nitro, my risk allocation won’t change much as I want to maintain my wealth generation stance. My base fund portfolio is built around index funds. My stock fund is more growth oriented. Everyone has their own situation and risk tolerance however.

i will head to the exchange for my insurance. Ours here is called MNSure. I am used to a high deductible plan anyways...have been maximizing my HSA the first year it was offered and it’s been growing as it’s been invested during that time too.