Board:   [WWIVnet] General Chat
Subject: Re: Die with Zero
From:    Jahmas #29 @707
To:      Weatherman #1 @1 (Mark)
Date:    Tue Jun 02, 2026 07:10

M> I have certain targets I'm shooting for and if I happen to hit them
M> sooner, I'll retire even sooner.
M>
M> - Mark
I held off until 70 to get SSI which maximized my income. My overall strategy
was to have several "baskets" for diversity. I had a pension from
Sheppard-Pratt which was stopped when Sheppard changed their employee
retirement program yet I was "grandfathered" in which was a blessing. My next
job was with a non-profit with a 403b fund and I maxed out my contributions.
I had the opportunity to take my Sheppard pension to roll it over which I did
to maximize my principal in the 403b and dividends would go back into the
principal as well. My last job with Tufts Healthcare enabled me to enroll in
a Roth 401k and, if you were married, you could contribute up to 27k per
year. They would match a percentage of your contributions annually and also
would give me bonuses every year. So now I have three different sources of
income. I cannot eat into my 403b until age 73 but right now I am living on
distributions of my SSI and Roth 401k. I am still makeing enough income to
contribute to a 4th Schwab Roth in which I shamelessly purchased Exxon Mobil
years ago when it was out of favor, GE, Proctor Gamble, Johnson & Johnson;
all stocks paying high dividends all dividendends going back into the
principal so I can live on the distributions in the future. So... have as
many "baskets" as you can incase something goes wrong.  If I had anything to
worry about, it would be the integrity of SSI and the current administration
trying to eat into it. It's fucking my money that I have been paying into for
well over 60 years!


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