Recent content by goodguy1_64

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    S&P 500 Prediction 2024

    5542.54
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    Borrowing money from a friend or relative

    No, they didn't ask. My DW told me that the purchase of the new residence was going to occur before the closing on the sale of the old one, and I knew it was going to cost them some $$. After talking with FIL, we offered the "short term loan" so they didn't have to incur the fees. No, I...
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    Borrowing money from a friend or relative

    Never did any borrowing, but in 2003, FIL and MIL were downsizing from the home my DW grew up in. There was a time gap between the time they needed to close on the new house and the closing on the sale of their old place ( a couple of weeks if memory serves). It was going to cost thousands of...
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    Think I'm Close

    Hi jrwinfla, welcome to the forum. I don't know how an "ESOT" works, but if it's all or mostly in a single companies stock, I agree that you should be concerned. If so, can you sell a significant portion and move to something more diversified without tax consequences ?
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    What do you get from being FI?

    It gives me the most precious resource that exists.. Time goodguy
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    59 Year Old: Decisions,Decisions

    That's not how it works. 99 weeks max benefits ( in most states). Most states have 26 weeks of unemployment benefits, with the Feds picking up the other 73 weeks. The extension that they're proposing will keep the additional 73 weeks of benefits in place for 13 more months. So, If your...
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    I want to go spend some money !!

    Thanks all, I appreciate the comments. let me attempt to clarify a bit.. REWahoo, thanks.. that GIF is perfect.. I keep thinking about the fact that DW is 43 and I am 44 and that we have so much more time.. ( to live hopefully) 1) -- I don't want to outlive our savings 2) -- I/We spend...
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    I want to go spend some money !!

    Good evening all, Long time reader, very occasional poster here looking for something ( comments, condemnation, agreement, etc).. I've been mostly, sorta, semi, 3 quarters retired since September 2005.. I've got some hobby stuff that I do that's been bringing in ~$15,000 per year for 6 weeks...
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    Predictions for 2008?

    Spy, + 14.21 %
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    Gift Cards

    We spend several hundred dollars on gift cards this time of year, but they're for us rather than for gifts. The farm and garden store that we purchase pet food at offers a $5 coupon for every $25 gift card you buy. We purchased a $200 gift card last week and received $40 extra. This is money we...
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    How do i give my son a House the "right" way?

    This mentality has always bothered me.. When a nursing home provides service to someone, they should be paid. If that individual is indigent, taxpayer dollars are used to pay the bill. Hiding assets to avoid paying the bill by appearing indigent, thereby passing that bill on to the taxpayers...
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    You 've been FIREd for about a year but...

    I 2nd that nomination... GG
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    In decumulation (living off the fat of the land)

    Hello Cashflo2u2, From what I can glean, you need $19k yearly from an $800k portfolio. If that is the case, you should be in good shape. I'm confused about your "Our retirement budget and plan went haywire within 6 months after retirement." comment.. Please elaborate GG
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    Do you think people on the board lie about their financial position?

    If someone posts their "numbers" asking for validation, or input on their situation, I think that for the most part they're being honest. Otherwise the answers they get will not be too helpful. I think that some of the polls may be a bit off though.. goodguy..
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