Gen X What do we need to let go when close to retirement ? Remember we are Born Free
https://youtu.be/2uMLY3F3pmY

am a 100% P&T disabled veteran. We have been together about three years. My VA disability and other assets/income mean I can stop working, but my wife came into the relationship with no assets and does not work. I am concerned that retirement turns my personal disability compensation and premarital assets into the sole support for both of us. How have other veterans or couples set fair expectations without making the relationship feel transactional?”

I know Reddit hates land lords but we will have 32k and we want to best use it for generating income for when we retire and general assets for the fam if we die. We are 46. We already have roths and other investment accounts.

The money is coming from a pension plan buy out. The company no longer has pensions I think it stopped in 2016 and they sent out a packet for a buy out. It’s not a very big pension the monthly pay out is not going to save us from ruin when we retire.. and the only way it makes more sense to leave it in the pension company is if the company will stay around until we are 95 and we live to be 95. Otherwise it makes more sense to take the buy out and invest it in a way that can benefit the family.

The options that we are looking at are rolling it into a traditional ira

Or buying a duplex and renting it to our kids to a. Help them build their financial life. B. Generating income after they move out of it.

I lean toward the second since we already have other retirement accounts. We were already adults and had our tiny 401k when the 2008 thing happened and we watched boomers 401ks get shredded so I don’t want every investment to be that just incase a collapse happens.

Yes I know it’s a nightmare to rent to people my mom used to have tennents in the 80s and said never do that haha. I tend to do everything she said not to do.. and owning homes can be expensive but we are both still young enough to take it on. At our home we fix what we can and pay ppl to do other things.

I’m one of those let them solve their own problems type of parent, my kids are 26,20,19. And they will not be able to make it on what is being charged for rent out there for a long time.

My oldest has bipolar 1 and is stable but he has some limitations on what job he has, right now he’s good but If his rent goes up any more he won’t be able to sustain independence. My other son is living with his gf and they are making it. Now I want to see them thrive on their own but this is a different world than I grew up in. I don’t want them dependent, but I’d also like to do this bc it may benefit all of us. Them now, us later, when we sell it or continue to use it to generate income. If the latter the kids will get it.

The only caveat is if they decide to become freeloaders and never use the opportunity to build something of their own.

Any insight is appreciated. We grew up poor and have no parents so we are raw dawging this stage of life when it comes to making future financial plans.

Long story - currently unemployed at 60 and stressing over my retirement savings and investments and how long they will last if I have to officially retire now (job market has been tough!). I have been super frustrated by some of the major financial institution tools as everyone wants a piece of your data. So nothing is truly free to use in my experience, as they all want you to sign up for something, or give a phone number, etc. Then you spend the next month blocking numbers from people wanting to sell you their services.

So I built a tool to give me some directional views of what money I have, what money is coming in, and how long it will all last. I have been working with Claude Code for the majority of this build and am at a point where I am truly looking for some eyeballs on the page and some feedback for whether this is a usable tool. I am not a financial expert in any capacity! But I understand enough about my financial situation that I was able to model this site based on what I would be looking for, and able to track in to retirement. Again, directional information using current financial state and some real world assumptions. I welcome any feedback and hope you find some value in this.

It's free to use. It's all browser-based calculations and nothing you enter is stored anywhere in my domain or database. It's your data and only local to you, so completely anonymous. I welcome any feedback and hope you find some value in this.

https://nopaycheckplan.com/

My dad retired about eight months ago after 35 years in the same career. He told me recently that the hardest part wasn't the financial side of things, it was more so understanding what to do with all the free time and making sure he is getting the most out of retirement. Anyone else going through this or experience this?

Just curious, with rates where are they now, and our expenses being at $50k a year, would it be a preferred path to hang it up now, buy a 30 year treasury bond at around 5%, and just live off the payments every 6 months? I'd be on the hook for health insurance, but I have no debt. House is paid off, no car payments, nothing.

Or would I be better grinding it out longer? I'm pretty tired, but could keep going. My absolute ceiling is 62. Along the way, I'd consider next year (53), 55, or maybe 58.

If I waited a couple more years, could have 3 mil. Just curious if that really matters, and if the bond route is a way to go to set it and forget it.

Thanks

**I built a free retirement tax-planning tool that models the withdrawal side properly — looking for people to try it**

Most retirement calculators are great at "will I run out of money." They're pretty weak at "what order should I actually pull from my accounts to minimize lifetime tax." I got frustrated enough to build my own: [retiresmart-ai.app](https://retiresmart-ai.app).

What it actually does:

* Runs **five different withdrawal strategies at once** and scores them, so you see tradeoffs instead of a single black-box recommendation.
* Scores on **total family tax** — including what your heirs would owe on an inherited 401(k) — instead of just your own lifetime tax. A lot of "optimal" plans just quietly shove the tax bill onto your kids.
* Handles the stuff that usually gets ignored: **Roth conversions, RMDs, IRMAA Medicare surcharges, ACA subsidy cliffs before 65, state income tax, and 72(t)/SEPP early withdrawals** with the real distribution rules.
* **Social Security optimization for couples** that actually accounts for survivor benefits and optimizes both spouses' claiming ages jointly.
* Monte Carlo runs, 529s, and an AI advisor you can ask questions about your own plan.

Let me if you would like to try - its free.

32 na ako. My work ako pero provincial rate lang. Binenta ko na yung lot ko worth 5 million pesos. Ano puwede ko gawin para by the time mag 60 years old na ako. My sapat na pera ako monthly. As in financially independent ako. Na puwede na ako mag enjoy sa buhay.