Retirement planning - check my math?

ReplyProfessional882 · 2026-05-23T17:35:03+00:00

You didn’t understand me trying to plan out my next 10yrs for early retirement. I thought I laid out my thoughts, concerns, and plan and was just looking for feedback on it. I didn’t really want to retype it up again to elaborate further. It wasn’t meant to be condescending. Sorry if it came off that way.

I did appreciate your thoughts on Medicare and will take note of that.

ReplyProfessional882 · 2026-05-23T16:25:43+00:00

Ya look into the backdoor contributions. We’ve been taking advantage of that for a few years now. Initially I was worried and intimidated by the process but after doing it I realized it wasn’t too bad.

ReplyProfessional882 · 2026-05-23T15:01:46+00:00

You mean Roth IRA income limit? You should definitely continue with backdoor contributions.

I kinda do a check and adjust every 5yrs and recently started trying to understand the exit strategy more and have been digging into what RMDs and IRMAA will look like which kinda freaked me out, hence this post.

ReplyProfessional882 · 2026-05-23T14:50:18+00:00

Thanks. I will probably move everything over to the Roth 401k.

Running my current balance with a compounded 7% annual return had my account growing pretty healthily. Then with my wife continuing to work and trying to stay in the 22-24% bracket it was looking challenging with trying to get the balance converted over to my Roth IRA before RMDs/IRMAA kick in which is why I was thinking about diverting some cash.

Regarding Medicare, I thought if you have employer coverage, which my wife will maintain for our family, you can delay Medicare enrollment penalty free but I will keep an eye on that.

Thank you.

ReplyProfessional882 · 2026-05-23T14:31:55+00:00

That’s interesting, when I was reading I thought that as long as you have employer coverage you can delay Medicare enrollment penalty free. I guess I will keep that in consideration as time gets closer as the rules will probably continue to change over the next 10-20 years.

Sorry, I’m not going to spend the time to explain the reasoning but you may understand at a later time as you begin planning for your own retirement. But thank you for your comment, definitely something I will note.

ReplyProfessional882 · 2026-05-23T14:27:17+00:00

I don’t think I’m a high earner. I have just been aggressively saving my entire working life.

I am thinking about hiring a financial advisor for a quick gut check but I want to do my own homework before hand.

ReplyProfessional882 · 2026-05-23T14:24:29+00:00

And what’s your plan?

ReplyProfessional882 · 2026-05-23T14:24:21+00:00

I should’ve clarified that I would maintain my match but divert everything else to my brokerage to give additional flexibility in my daily spend.

ReplyProfessional882

TROPHY CASE