Recent content by Klubbie

Thank you both. Some great considerations that I will need to look into.

My wife recently changed jobs and has a cash balance pension plan with her former employer and I am trying to determine what to do with it. I am 41, she is 40. In total, we have about 700k in retirement assets. I'm trying to maintain an 80/20 portfolio with intentions to move slowly towards...

I'm 40 now so still have many working years ahead of me. From 2014 to 2018 were by far the toughest phase of my career to date. I took a job that looked promising and turned out to be just a terrible situation. Work was boring. Leadership was poor, and I was somewhat trapped due to the debt my...

Do whatever helps you sleep at night. The pandemic was a gut check for us. We spent the last few years paying down large chunks of student loan debt and saving for retirement and the trade off was a smaller emergency fund. Before the pandemic hit we were targeting paying off my student loan on...

I don't know if 18k was the bottom, but this was my first big drop with any meaningful amount of assets. I learned one lesson in this and that was to prioritize an emergency fund. We had a small buffer when this all started, but lower expenses, paying off my student loan, and no daycare costs...

Yep. There are already smaller schools concerned about losing their 1 million dollar plus paydays from the Power 5 schools. I believe it was Oregons AD or President who came out recently and said they still want to play Ohio State this year. I am sure the money has something to do with it. Love...

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I don't know what will happen with sports, but I expect there to be a bigger push than expected to reopen arenas. It was reported last week that the NBA makes 40% of its revenue from the stadium experience. MLB players are already complaining at the prospect of having to take less money this...

I will be skipping dining out for a long time. Not out of fear of COVID-19, but because I believe going out to eat should be an enjoyable experience. That "experience" sounds horrible and not worth the hassle. And number 3 is a complete non-starter for me. There are already enough places that...

My wife and I will be having this conversation tonight. She is a nurse and has been continuing to go to work through the pandemic. I have been WFH. My daughter has been very good through it all. She is 3 so old enough to entertain herself to some degree, but also young enough that she is in my...

The daycare piece is going to be a problem for many. We use a daycare around the corner from our house and my 3 year old is in a room that had 12 to 15 kids in it with appropriate ratios prior to covid. That room will now only allow 6 kids. I have no idea if we could get a spot or not. In...

+ 1 Restaurants are a low margin business to begin with. I don't know how most will get by beyond 6 months without substantially raising prices.

+1

Anecdotal evidence but at my wife's hospital ICU is low capacity and they have over 90 ventilators available. I have no perspective on if 90 is a lot, but she says it is so I will take her word for it.

As some anecdotal evidence my wife works at one of the two largest hospitals in Columbus, OH in the PACU. Columbus is obviously not dense compared to NYC or other major metros, but it is not rural America either. It is probably the definition of "average America" or close to it. They shut down...