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Retirement's Persistent Questions How much will I have to live on in each year of retirement? In which accounts should I save for retirement? When should I retire? When should I start Social Security Benefits? When should I roll over my IRA to a Roth IRA? Should I continue to work after retirement? When should I sell my house? Should I take out a reverse mortgage? Two steps to retirement security: Actively manage your retirement savings. For more on this see. Run ORP for accumulation and decumulation guidance. The Optimal Retirement Planner (ORP) is a retirement decision support system (RDSS) that optimally schedules retirement savings and withdrawals to maximize the amount of after-tax money available for spending throughout retirement. An RDSS looks like this: Input Facts Current Age/Spouse's Age Account Balances Tax-advantaged contribution limits Illiquid asset value (home) Pension income Social Security benefits State Taxes + Make Choices Annual retirement savings Age to retire Age to start Soc. Sec. benefits Age to sell illiquid asset Reverse mortgage? Work after retirement? Size of estate Output Guidance Schedule of contributions to retirement savings accounts Annual after-tax income Schedule of withdrawals from retirement savings accounts Schedule of IRA to Roth IRA rollovers Schedule of IRA to After-tax Account transfers Annual personal income tax bracket Annual retirement account balances.

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