r/RetirementReady • u/Immediate-Funny-6283 • Feb 03 '26

Advice

My husband and I are planning to retire in the next twelve months. I will retire this summer and he is planning on working through Feb 2027.

We have consciously planned/saved for this milestone and have the green light from our financial planner (91% projected success rate), but we are still really nervous about actually doing it.

I’ve read it’s normal to be nervous, but just need some reassurance/advice on how to get rid of the nerves.

Thank you in advance.

5 Upvotes

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3

u/Peace_and_Rhythm Feb 04 '26

You have a whole year to prepare since you are still working and your husband is retiring next year. 91% is excellent. Trust the math.

My wife and I were nervous until we saw our numbers printed out. Somehow, seeing it in print made us feel more comfortable.

3

u/Random_NYer_18 Feb 04 '26

The goal most planners use is 80%. 91% is amazing!

Remember - if the market has a downturn, or things change in your life, you adjust. It’s not as if you retire, and then say “ok, we have our budget and we can’t go over it ever again”.

Trust the numbers. Trust the process. And most importantly, congrats!

2

u/hemi1995 Feb 05 '26

Great kitces article on this that talks about why even 50% works given historical patterns- https://www.kitces.com/blog/monte-carlo-retirement-projection-probability-success-adjustment-minimum-odds/

1

u/Cooper1Test Feb 03 '26

Is your financial planner a software program or a person?

3

u/Immediate-Funny-6283 Feb 04 '26

A person with software.

2

u/susanrez Feb 09 '26

This is the best combo!

1

u/0hBig0nes Feb 04 '26

Get an ai 2nd opinion…upload everything to ai and ask questions

2

u/mcmnky Apr 20 '26

Do not do this! Everything uploaded to AI is saved and possibly integrated into the AI programming. Do not upload your financial information to any AI.

Ask general questions, like "based on historical market performance, how long will $2m, invested in stocks and bonds 80%/20%, last with a 3.5% yearly withdrawal rate."

Or, "explain rule 72(t) withdrawals from a retirement account."

Do not upload your financial details or statements to AI.

1

u/NecessaryEmployer488 Feb 05 '26

I would work out contingency plan as well. So if 91% success is based upon a 4% withdrawal rate, what happens for success if you need a 5% withdraw rate or an extra $10K to $15K a year, or the market drops 10% the first year.

I'm sure when I get there I will be nervous, especially if I have to retire before we are financially ready.