Retirement conversation
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Ask about your retirement in plain English.
Example
I am 45 years old and my wife is 43. My annual income pre tax is 175K and wife's 120K. I have son and daughter - and I want to budget 25K per year for each for their college. It will happen when I am 56 for my son and when I am 60 for my daughter. Our annual spend is around 100K now
Can I retire at 61 if I spend about $100,000 a year?
What if I spend $20,000 more a year for the first five years?
When should my spouse and I claim Social Security?
Should I convert some of my Traditional savings to Roth?