Recent content by jjonas

Yes, this shouldn't be a problem. I'm a believer in having a back up plan and also having a diverse skill set but not just diversifying your skills in one specific industry. My wife will be a retired school teacher so she can easily substitute teach 3 days a week and she could teach yoga part...

I don't think we'll have to rely n 72t as long as I'm consistently converting to a Roth every year starting in 2018. I could start Roth withdrawals by age 50. It's good to have the 72t option in the back pocket just in case.

I calculated our social security benefits assuming we'll each bring in 12k per year starting in 2018 until we fill in the remaining years to reach 35 years of income. We would start ss at age 62 and I reduced that age 62 benefit by 25%. What's a MOOP? I'm sure it's an acronym for something but...

I did reduce my projected social security benefits by 25%. Do you feel that benefits could be reduced even lower than that in 20 years? It's also possible the minimum age we could start benefits could be pushed up a few years. I ran those scenarios too and I still look good.

Is this assuming that you're hitting the deductible every single year and not getting a tax credit? I've been reading a lot about people claiming you'll pay 20-30k per hear in health care premiums and/or out of pocket costs but this largely depends on the state where you live and your income. I...

Age: I'm 43 years old, the Mrs is 38, no kids. Location: New Hampshire Investments: Total net worth is roughly 950k but should be about $1,020,000 at the end of 2017 (without any market growth or losses). Roughly 600k will be in my 401k and 420k in a non-retirement brokerage account. Asset...

Dear FedUp, I want to thank you for all the well thought out, intelligent advice that you've given my wife and I through out this thread. We will continue to work so we don't become moochers or beggars. We will continue to suck it up. We will also continue to not have children so that...

My apologies, didn't mean for it to sound confrontational at all. I was just making the point that our life style is much different than some people so our expenses are very low. You hire out your landscaping because you said it's mundane but I happen to enjoy taking care of our house and yard...

Yes, you hit the nail on the head. I don't think we could retire with the assets that we have if loving the outdoors wasn't a part of the equation. Many of the things that provide us with entertainment cost the price of gas to get there or the one time purchase of equipment that will last many...

Thank you. My current job won't allow me to work less hours. There's some flexibility with the time of day I can work as long as you're hitting their unreasonably high stretch goals but reducing the number of days you work is not an option. We love New England. The only place we would consider...

I know everyone means well and I did come here for advice but I feel that some of you (not all) are little too pessimistic. If it's not one thing it's another. "You should be more concerned with health care costs and not the markets" "What will you do with such a long retirement. You'll get...

I still do many of those things now and want to dedicate more time doing the things I love. I really don't need a job or career to make me feel important or utilized. The possibilities are endless with what I could do if I didn't have employment. I guess you have to be a curious person and you...

And I know plenty of people who didn't follow the rules and lived until they were 95, relatively healthy. I certainly realize that we could be genetically predisposed to certain illnesses that's why I said if we keep maintaining a healthy lifestyle we'll put the odds in our favor, not eliminate...

I'm not discounting the fact that health care costs can or will increase over time but I do think that since health care has become such a hot button major news issue lately, we're assuming the worst and that health care costs can and WILL only sky rocket from here. I remember when oil was...

Just before you posted this I addressed my asset location issue. I would have to utilize 72t or convert to a Roth. Health care cost are certainly a concern but I'm just a concerned about the impact on my health from staying in a stressful career and sitting in an office 8 hours a day. If...