Recent content by anothercog

Most of the car buying you Tubers out there say to never admit you are paying cash until you have nailed down a price. Even then they may have incentives that can only be used with financing. The last vehicle I purchased new I took all the financing incentives and then paid it off the...

That’s fantastic. My parents are in their mid-seventies and unfortunately I think they are done with international travel due to health issues. Amazing you were able to get so much travel in. This is why I want to retire before 60.

Prices on EVs are getting pretty compelling. I can lease a base Model Y for half the price of Camry. I already have a charger at home for PHEV and can charge for free at work. Tesla super charging station are ubiquitous in CA so I think I would be fine with the shorter 260 miles of range on...

I’m not retired yet but this is something I think about a lot. I like where I live but it’s getting a bit stale and the taxes suck. I still have 3 teens but the youngest will be off to college in about 3 more years. After that we are free to leave but DW want to keep our current house for the...

Yes, taxes will likely always be my biggest expense even when we up our travel budget even more. We also don't eat out much except when traveling. We did a very nice kitchen remodel in 2019 and I love to cook. One of the great things about living in California is fresh, year-round produce...

Really depends on what you are looking for in terms of lifestyle. if you want walkable areas with great restaurants and you're ok with condo living, look around Laurel Ave in San Carlos or Burlingame Ave in Burlingame. These areas are also close to Cal Train stations which would take you into...

Since your both still working check to see if your 401k plans offer a mega back door roth option. I found out that our plan does. You can contribute quite a bit to a roth this way on top of maxing out your 401k contributions. Conversions likely won't be beneficial for you.

Dave seems to believe the market consistently delivers returns of 11-12% without volatility and 8% is a safe withdrawal rate. If this is what he's seeing in his statements I would not be surprised to learn he turned over his wealth to a ponzi scheme.

I don't think she gives investment advice, more about getting your financial house in order. I read one of her books over 20 years ago, after I had read the Millionaire Next Door. The one piece of her advice that I took was to buy term life insurance policies instead of whole life and invest...

I totally get it. Back in 2008-2009 I was worried every day I was going to get laid off, coupled with the fact that my wife stopped working around that time after the birth of our third kid, I was extremely stressed. Around 2014 it got even worse as I had issues with a co-worker that was...

Is your wife on board with that plan? My wife said her family didn’t sacrifice to leave Asia (Philippines) to move back there. She’s shot down my suggestion to sell everything and travel the world. She wants the kids to always have a home base so selling our house in a HCOL are appears to be...

Well, according to Suze Ormond he would need at least $20M. lol! $2M in retirement accounts is pretty impressive at their age and income levels. Well done. Too risky to me to call it quits today but in four more years they'll have saved quite a bit more and they'll know where the kids will be...

In our 21 years of marriage we have had 4 cars. 3 we are still driving. The fourth was driven until is was no longer road worthy and traded in for $500 credit. The 19 year old car has just over 150k miles which my daughter is driving and was purchased before she was born. We don't drive too much.

Sounds fantastic! Congratulations!

Looking at my 2023 spending my top 10 expenses from highest to lowest were: 1. Federal taxes 2. Travel 3. State taxes (CA) 4. Mortgage 5. Property taxes 6. Groceries 7. Medicare 8. Pet care (3 dogs, lots of boarding due to travel) 9. Social Security 10. Health care (insurance +...