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--- money:retirement:main [2008/01/04 17:09] – created david
+++ money:retirement:main [2026/07/22 14:27] (current) – david
@@ Line 1: / Line 1: @@
+====== Retirement ======
+===== The Plan =====
+From this video:  https://youtu.be/CefxjriF-N8?si=-gmO-bH1URioyZmo
+Today S&P500 is 7,501.80... if we get below 6500 make it so!  --- //[[david@lattice.net|David Lloyd Rabine]] 2026/07/22 14:21//
+==== Investing ====
+  * Have $420k in something that maintains against inflation (moneymarket?)
+    * This is a 4 year $100k/year buffer to ride out any down turns in the market
+  * The rest in stocks
+    * For now 2x as much in Europe as the USA because reasons
+==== Withdrawl ====
+  * Extract 6% per year during normal times
+  * If market is going down, extract from your $420k buffer and let the stocks ride it out
 ====== 401k ======
-Your 401k is your best friend.
+NOTE:  You **CANNOT** re-balance your account until the DOW hits 14,000 again... let it ride until then.
+Your 401k is your best friend.  <del>(I liken this to my mana vault)</del> -- see note below on double tax on loan repayments!  doh!
 ===== Notes =====
-  - Loan repayment from money you've borrowed from your 401k does **NOT** count towards your yearly contribution limit. (according to our HR person at [[http://www.ssaihq.com|SSAI]] on 2007/12)
+  * 2008 401k Contribution Limit: $15,500
+  * Loan repayment from money you've borrowed from your 401k does **NOT** count towards your yearly contribution limit. (according to our HR person at [[http://www.ssaihq.com|SSAI]] on 2007/12)
+  * You are DOUBLE taxed on any money you pay back via a loan... because you're paying into your 401k with post tax dollars, and then you get taxed again when you extract it (retire).  OUCH!