Thank you for the advice. Ill have to put together a withdrawal strategy. Id say both of those are my reasons to retire in colombia or a country like colombia (cheaper and i want to). Ive travelled there 10 years and personally its just a more interesting place to me im not sure how itll be when im 55 but im highly certain ill be retiring abroad as a home base mixed with some travelling.
I would do pre tax 401k since you already have a large percentage of your savings in Roth IRA. You look on pace to be able to retire in 17 years to me. Since you want to retire before 59.5 I would invest some in taxable to get you through that 4 and a half years. It would help if you are working on your 55th birthday then you can use the rule of 55 to get access to your 401k money without the 10% percent penalty. Are you wanting to retire in Colombia because it’s cheaper or because you want? I think you should have enough to retire in the US if you want to.
Statistics: Posted by alaska1986 — Sun Dec 15, 2024 8:52 am — Replies 4 — Views 803