31 May 2017

The Anti-Squirrel:

This is just weird.
For about 40 years I have been squirreling away money for our retirement.
Mutual funds, Annuities, IRA's, 403b's, 401K's, traditional and Roth, and for insurance, some precious metals...
I'm a minor "expert".
I just turned 70. I'm now getting notices from a multitude of places notifying me I MUST withdraw funds in the year I turn 70-1/2 years of age or suffer a penalty. I'm submitting the necessary forms.
But "squirreling" is such a part of my life that this REALLY FEELS WEIRD.
We are blessed.
But feeling this way is a form of mental illness, isn't it?

It's time to anti-squirrel.
Santorini, here we come.

3 comments:

Ed Bonderenka said...

Hmmmmmm

Old NFO said...

Just remember, you CANNOT take it with you.

denicave said...

You can still squirrel if you choose. After taxes are taken out reinvest in a brokerage, Roth or other financial vehicle.