@panicproofretirement: My wife & I are 62 with $1.2M, can we retire at 67? 🤷🏾‍♂️ Done guessing if you have enough to retire? Follow for retirement planning strategies that help you keep more of your money and pay less to the IRS!

Panic Proof Retirement
Panic Proof Retirement
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Region: US
Monday 16 February 2026 17:04:54 GMT
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mattfootit
Matt Footit :
4% withdrawal is way too low. You can comfortably pull 7%.
2026-02-17 00:32:53
12
sgsisk
Steven Sisk :
Retire at 62
2026-02-16 22:16:58
22
hughjanus1979
🤠🤠🤠 :
You can retire now
2026-02-17 00:15:04
28
mrwhattheheck55
Mrwhattheheck55 :
Technically Roth accounts are not tax free
2026-02-16 17:21:20
4
idahopotat0
IdahoPotato :
Soooo yes?
2026-02-18 00:25:32
0
neil66lien
Neillien :
Step #1 Find $1.2M 😂
2026-02-20 23:08:36
0
joekraft388
joekraft388 :
my ass ain't waiting until 67
2026-02-19 01:57:23
0
alasurgtech
alasurgtech :
don't forget to tell your clients about the Medicare IRMAA...a lot of retirement guys miss this!!
2026-02-17 15:45:29
1
jimginokc
Gorm fam :
Just retire at 62
2026-02-17 00:56:35
5
martee55
Martee55❤️🤍💙 :
Retiring at 62 end of Feb; three pensions, SS, deferred comp thru union and my own savings.
2026-02-17 17:41:05
0
user7104981972787
user7104981972787 :
You will have 2 social security incomes
2026-02-18 01:53:30
0
bigdogliny
Big Dog :
what is your debt
2026-02-16 19:18:57
0
michaelny2001
Joe Shmoe :
Pfff. U can retire now. There are things in the stock market that pay 7-15% annually. U live off interest as non qualified dividends, pay like a salary except u don't pay social or Medicare. And ungettto keep msot of that cash
2026-02-16 21:57:44
0
krgdad
user8475029206795 :
Why do you need social security when you have 1.5 million? Was it intended to be used like that when created?
2026-02-20 02:24:46
0
charbara16
Tuff crew :
Work until 99
2026-02-17 01:25:51
0
billionairesappre
Billionaires Apprentice :
Love this
2026-02-16 20:15:24
0
nickmartinelli79
nickmartinelli79 :
Don't forget we won't have social security because Trump is going to spend it
2026-02-17 01:20:20
0
kanedog81
Chipotleismylifeeee :
You can pull higher than 4 especially if you wait to late 60s
2026-02-21 17:43:53
0
ericinatlanta
E :
Don’t forget inflation during those 5 years.
2026-02-16 22:52:02
0
charlie_sinclair75
Charlie Sinclair :
Generally, most experts suggest withdrawing from your Traditional IRA before your Roth IRA, of course particular situations may differ.
2026-02-17 03:37:25
1
final_cut0
finalcut :
@finalcut:traditional IRA and Roth IRA are tax advantaged accounts. traditional IRA is tax-deferred and roth IRA is tax-free and yes that is because the tax is paid up front when it goes into the account
2026-02-17 23:07:12
0
toogledown
toogledown :
Should’ve started migrating the qualified traditional account to non-qualified accounts at 59&1/2. Deceased them at 63 to prevent the high IRMAA part B premium two year look back. And then continued to 73 or 75 to reduce RMDs. 🤔😳
2026-02-17 03:37:15
0
timsboating
Timsboating :
Nobody has to be a millionaire to retire!!My mom is nowhere close to that! It depends on your lifestyle and how much debt! I.e.No mortgage,car payment, extensive credit cards!
2026-02-17 19:13:32
3
brian5071
Brian :
This doesn’t factor in additional contributions from age 62 to 67.
2026-02-19 03:02:00
1
stachemonkey
user8324133934253 :
So if they subtract the $30k for health they both have to live off like $80k/year for two people. Hope they can make it
2026-02-16 19:53:26
1
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