The Bridge retirement → pension start
Gap years
Living expenses for gap
Healthcare for gap
Total bridge need
Brokerage at retirement
Surplus / shortfall
Backstop: Roth basis at retirement
Extra $/mo to fully fund
Bridge assumes pension starts unreduced at pension start age and the retirement bank covers healthcare from there to Medicare.
Projected at Retirement Age
Annuity / PSP
Roth IRA
Spousal IRA
Brokerage
Total invested assets
Pension credits at separation
Pension / mo from age
NEBF / mo from age
Retirement bank at 61 vs est. premium need
Income floor at + pension + NEBF + SS vs spending
Income by Year
PSP and IRA draws start at their draw ages at the set rate of remaining balance, growing at the real rate on what's left. Her IRA is keyed to her age (yours minus the age gap), so both draws are penalty-free. Bridge draw is what the brokerage supplies after all other income.
| Age | Phase | Pension | NEBF | Soc. Sec. (both) |
PSP draw | His IRA | Her IRA | Bridge draw | Total income | Need | Surplus | Brokerage bal. |
Healthcare: family coverage from bridge draw before 61, retirement bank 61–64, then Medicare for you at 65 — with her solo coverage added to Need until she reaches 65. Soc. Sec. column combines both benefits as each starts. Surplus is not added back to the brokerage.