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View Poll Results: Total Income streams excluding WR (please read instructions
$0 per month 28 13.40%
$1-$1000 per month 11 5.26%
$1001-$3000 per month 34 16.27%
$3001-$5000 per month 43 20.57%
$5001-$7000 per month 26 12.44%
$7001-$10,000 per month 20 9.57%
over $10,001 per month 14 6.70%
NOYDB - decline to state 4 1.91%
Don't qualify since still working 28 13.40%
Pie 1 0.48%
Voters: 209. You may not vote on this poll

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Old 01-08-2016, 02:11 PM   #61
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I guess the income stream that I would get from cracking hickory nuts would not count either. See my earlier post. Lordy, it's w*rk, and a hard one at that.
Where do you get hickory nuts in Phoenix? I grew up on these, cracked them with a hammer. Little buggers too- but so tasty that they are worth the effort. If you have hickory, do you also have black walnuts? Another high effort, high reward nut!

Ha
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Old 01-08-2016, 03:23 PM   #62
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SS and RMD of DH.


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Old 01-08-2016, 04:45 PM   #63
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My partner and I will be FIRE in a few weeks. Our income outside of investments will be just under 10k per month. It includes my pension and his business income. It will be more than enough to cover our full time RVing expenses.

We plan to splurge a bit and spend more than this to mantain a constant consumption during reitrement.
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Old 01-08-2016, 05:02 PM   #64
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Two pensions with inflation-pegged COLAs...none this year, since there purportedly wasn't any inflation. Pensions are treated as regular income for tax purposes.

No SS, as we don't qualify for it.

We got very lucky with our COLA. Policy is inflation has to be higher than zero to get the 2% COLA. It came in at 0.12% for the year...Just barely above zero.


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Old 01-08-2016, 05:46 PM   #65
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Where do you get hickory nuts in Phoenix? I grew up on these, cracked them with a hammer. Little buggers too- but so tasty that they are worth the effort. If you have hickory, do you also have black walnuts? Another high effort, high reward nut!
No, I don't. I would have to partner with someone like Bestwifeever who knows where to get them free. They would ship the nuts to me who cracks the nuts for income.
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Old 01-08-2016, 05:50 PM   #66
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I think rental income is the same as dividend income--the asset is creating the income stream.
I think in most situations, this is correct. Some differences - it's more common to borrow against the asset than it is with bonds or stocks.

In my case - the rental is on the same property as our primary - and can't be sold separately - so it's much more illiquid (and not separately valued)... It's hard to think of it as part of the portfolio because I can't sell it unless I sell my home and move. So it's quite different than other assets in my portfolio.
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Old 01-09-2016, 08:31 AM   #67
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I think in most situations, this is correct. Some differences - it's more common to borrow against the asset than it is with bonds or stocks.

In my case - the rental is on the same property as our primary - and can't be sold separately - so it's much more illiquid (and not separately valued)... It's hard to think of it as part of the portfolio because I can't sell it unless I sell my home and move. So it's quite different than other assets in my portfolio.
I don't think there's any difference if it's a mutual fund that generates dividends or real estate that generates rental income. They are just two different types of assets (considering your granny flat as being illiquid and different from the other assets in your portfolio doesn't mean it's not an income-producing asset, but I wasn't really talking about that, more about the rentals several people here have as their retirement investment). If rental income is counted as an income stream, shouldn't dividend income, which is excluded from being counted?

Obviously I am just trying to up our total income streams to the next bracket for some perverse reason and want to include every dime I can wrangle--next I will be adding in the change I found in our couch and in our cars' "ash trays," and the coupons I redeemed at Target and the grandkids' birthday money, until I have beaten this horse further to death. 😄
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Old 01-09-2016, 10:15 AM   #68
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Nada. Bupkis. Diddly-squat. Zilch.
I do diddly-squats every morning as part of my workout!
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Old 01-09-2016, 10:51 AM   #69
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I think rental income is the same as dividend income--the asset is creating the income stream.
+1
Exactly what I was thinking.
I counted rental income, but did not count regular account dividends.
But I could sell all my stocks and buy another rental property and then count it, so really non-retirement investments are exchangeable.
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Old 01-09-2016, 12:37 PM   #70
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but you don't have to spend your entire RMD...
Or any of it.
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Old 01-09-2016, 12:47 PM   #71
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Or any of it.
You do still need to pay the tax man.
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Old 01-09-2016, 05:14 PM   #72
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Got SS,pension & rentals, makes up monthly income well north of 10K/mo.
Does not include interest or dividends in taxable accounts, nor RMDs which we have to now take.
Spend all RMDs and more paying taxes.
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Old 01-09-2016, 05:22 PM   #73
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0. All stock dividends.
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