Recent content by TuborgP

Very true. That's one of the reasons I try to stay 65% ish on equities and am pouring excess income into investments. Gotta be prepared for reasonably could be a 25% hit in pensions, SS or both. Non pension residents of high COL states would also take a tax revenue hit as more pensioners would...

Now retired just over ten years. Both wife and I have pensions. Debated this question for awhile and came to the conclusion NO. Fixed income is just that income and not a investment. This is especially true if your pension and SS income exceed your expenses and you are continuing to save...

Yes 2 million in Umbrella

I say with great pride that we are almost 70 and in the 28th tax bracket. Paying more than we need to wasn’t a goal but needing to was.

Almost a year ago Vanguard started a managed bond fund called Core Bond fund. I was in day 1 and also have their bond index fund. I am waiting for yearly results to compare. Some of the various Fidelity enhanced index funds have outperformed their non enhanced indexed counterparts.

There is a school of thought that suggests a managed bond fund can adapt better to a rising rate environment. The question is does that hoped for better return exceed the additional increase in cost.

We each had pensions and each went with the 100 percent survivor benefit. It resulted in a 17 percent pension reduction for each of us. We also are doing the 62/70 SS benefit with me taking spousal on hers at 66. Mine is the larger of the benefits and hers is greater than fifty percent of mine...

Many of our neighbors are transplants mostly younger many from where we came they can figure things out and hope to be is one day. We are still investing it is the second home at the beach and always clean cars and well kept lawn and landscaping that give it away. Hard to hide being away so...

This can really occur when you retire and transplant from a high COL area to a more moderate one. Especially if you have both pensions and investments earned and saved based on a higher income scale. Sent from my iPad using Early Retirement Forum

Bada bing Sent from my iPhone using Early Retirement Forum

Two good pensions with one full SS and one spousal. The spousal will become a full benefit in 3 1/2 years at 70. Still saving and that will pick up even more at. 70. We are blessed Sent from my iPhone using Early Retirement Forum

That's it in a nut shell and the classic power of compounding example. Sent from my iPad using Early Retirement Forum

We had a short term bucket but as you accurately note it was pension and subsequent SS that eased any pain from being severe. actually came out ahead because the real estate bubble enabled us to buy a second place on the cheap. We sold our pre retirement retirement home in March of 2007 in the...

We retired early on Jan 1 2008. Fortunately we had pensions and adequate cash holdings. A tad frightening then as we were and still are heavy equities. Started the first leg of 62/70 SS strategy a little over two years later. Now like other drops it is a yawn in the rear view mirror. The key for...

No I didn't know about your experience I was talking about mine and more neighborhood and youth activity oriented than work. Neighborhood because it really involved a family perspective of both spouses.