Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 09-13-2014, 03:48 PM   #41
Thinks s/he gets paid by the post
Rustic23's Avatar
Join Date: Dec 2005
Location: Lake Livingston, Tx
Posts: 3,652
Remember that deferred tax number of 8% is simple interest not compound. Still it is a choice of who is going to spend the money you or your kids. We currently pay the tax, but keep the deferment in sight in case we would have to use it.

If it is after 5:00 when I post I reserve the right to disavow anything I posted.
Rustic23 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 09-16-2014, 01:13 PM   #42
Dryer sheet aficionado
Join Date: Dec 2005
Posts: 28
I try really hard but could not do this even $45K we could not manage. But if we really have to I am sure we can.

Originally Posted by DFW_M5 View Post
Not skeptical, but very curious. I would like to know how to live on $36K/year with a family of 4, in a $350K house, and not eat dog food.

Also, the discipline to have a $151K after tax income and be able to limit lifestyle to $36K is amazing. How many on this forum could duplicate that feat?

DallasFH is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Can I retire NOW? I can't sleep! What do YOU think? Charlie Delta Hi, I am... 32 08-16-2013 10:54 AM
Can we retire now? How to factor in risk of rental real estate? sunsnow FIRE and Money 25 05-28-2012 08:07 AM
Can we retire now? bellhead FIRE and Money 18 08-05-2011 08:13 PM


All times are GMT -6. The time now is 06:33 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.