Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 01-20-2013, 11:47 AM   #41
Recycles dryer sheets
pletal's Avatar
Join Date: May 2009
Posts: 80
Originally Posted by obgyn65 View Post
Thank you for validating some of the reasoning I have been trying to explain in this forum for the last year or two. CDs do make sense in some specific situations.
I may be a specific situation. 95% of my money is in CD ladders From coming due this month thru 2021. Right now I am earning around 4%. Depending on rates in the next 2.5 years I could be earning only 2.5%. Not saying its great and there may be no way I will keep up with inflation, but I am not blind. Depending on your spending and time retired you will need 2M plus to make it work. Keep on saving heavy if you want to go that route. If the rates go up lock in for the longest time possible.

pletal 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 01-20-2013, 12:09 PM   #42
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
Join Date: Jul 2008
Posts: 15,895
After some soul searching, I found the uncertainty about my future health the most disturbing. Sure, I have been trying to be physically active and eat and drink well, but those are just factors that help.

So, I say "Screw the economic uncertainty! I am going to party." Worrying too much about financial aspects just takes away the joy of life.

NW-Bound is offline   Reply With Quote
Old 01-20-2013, 02:16 PM   #43
Recycles dryer sheets
Join Date: May 2011
Location: Twin Cities
Posts: 406
I'm with others on rental property as the way to go. I've purchased 9 of them over the last 24 months which should bring in 60% of my retirement income needs right now.
Fishingmn is offline   Reply With Quote
Old 01-27-2013, 10:31 AM   #44
Full time employment: Posting here.
arebelspy's Avatar
Join Date: Apr 2011
Posts: 625
Originally Posted by Fishingmn View Post
I'm with others on rental property as the way to go. I've purchased 9 of them over the last 24 months which should bring in 60% of my retirement income needs right now.

Rentals have the nice retirement income benefit of being mostly tied to inflation (both the income stream, rents rising with wages, as well as the asset value itself).

It's like a COLA'd annuity that takes years off your life in stress and work required.

arebelspy 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


All times are GMT -6. The time now is 02:55 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.