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What will we do with our retirement and our plans look like they are fading.

Hello Dan.  I am so concerned with our future. We had 401K which I rolled over to an IRA thinking "man, will we be set when we retire".  Well, I am retiring at 63, requested my Social Security benefits to begin in January 2010.  Now that we are actually getting ready, we never thought about how the cost of living would go up and shrink our retirement & are completely lost.  So we are in the process of selling our home (because we just wouldn't be able to afford to keep it). It is hard to find another place and not have to use all of our money + I, myself, will be going without insurance until MCR, hopefully it will still be there.  I know this sounds like a mess, but what do we do?  Do you have any great ideas or thoughts?   thanks very much.  


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If I were you, I would not totally retire.  As long as you're healthy and can still work,  keep working.  You just don't know what will happen to our economy.  We will possibly have inflation with all this government spending. 

 
Posted 2009-10-16T03:38:35Z
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