r33796

12 hours ago, JLMoran said:

17 hours ago, JLMoran said:

Bingo! And that's only the funds in a 401(k) or IRA account. And if you want your full Social Security check instead of a massively reduced one, you can't start drawing on that until at least age 65 (or older, depending on when you were born).

I have just under 9 years left. Wave to me when you cross the finish line so I know I'm almost there.

fyi you do not have to wait till 59 1/2  to withdraw funds from ira without penalty but yes on SS reduction

On 9/29/2020 at 2:04 PM, JLMoran said:

“Dreaded”? Lordy, I’m hoping I can hit 59 1/2 and officially start retirement (or at least semi-retirement). Really looking forward to the day I can tell my employer I’m done working and going cruising for the next 25 to 40 or so years.

why wait till 59 1/2    why not sooner

I will be doing exactly that  a 25% return on $ is as good an investment on anything for such a short period of time and the $ is going there anyway!

On 7/21/2020 at 11:13 AM, bobroo said:

My question is, being beyond confident there will be no sailings this year: do I greatly increase my cabin categories on 2020 cruises in order to receive an inflated 25% part of the FCC???

 

If so, is this a company I want to front money to?   Will there even be a Royal Caribbean in 2021/2022???

 

This strangely feels familiar, like I am over-served in Casino Royale and trying to make financial decisions past midnight.