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Strategies & Market Trends : Dividend investing for retirement

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To: Dave who wrote (9026)	5/17/2011 7:57:27 AM
From: Steve Felix	Read Replies (1) of 34328

Since odds say she will outlive me, I plan to have her taking the max. Healthcare is the elephant in the room. Since we will be 57 and 56, they will be going on a while. The "plan" sets aside her full pension to cover those costs each year, living off of other funds. My father had a pension ( he was a carpenter, but was included in some electrical union ) he started taking at 62. He covered himself only, taking the max payout. When he died at 64, that was it. It just stopped, no payout, nothing. I don't know for sure, but doubt he knew that. People need to know what it is they are getting when setting up the withdrawals. Funny how we are shaped by the past. Since my dad died at 64, I plan to take SS asap. "retirement is great!" Having the wife continue to work a while has been great. That she works nights even better. I can flop around in the bed five nights a week without disturbing anyone, and since she sleeps during the day I am left to my own devices five days a week. I may cry when she retires. :(

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