Ted_Shepherd

23 happy years into early retirement at age 53. Able to retire early because of living below my means and having no dependents ever. For 35 years now, I have been a long term buy and hold investor, with most of my assets in indexed funds -- Vanguard Index 500 and Total Market, and, until the high fees drove me out, the Schwab 1000. Inherited part of the retirement stash (less than a half). I manage that retirement stash to maintain its purchasing power, that is, I restore to the account enough of the current income to repair inflation's damage. Then, after IRS gets its cut, I live on the rest. Recent liquidation of some family assets (nonproductive) have given me a lot of cash. Some I dumped into the market in March. Underwater a bit on that. The rest, I have kept in cash. I am using the cash to support my cost of living and to subsidize a young relative's retirement accounts and, more recently, to get a house for him. The man has such sterling personal qualities that I can help him like this without damaging his self-esteem and independence, and without encouraging bad habits.

Photography and internet posting with "focus" on gay males. These pictures are lewd by the standards of some people. You may prefer to stay away, https://www.flickr.com/people/ted_shepherd/