Recent content by ylm23

masterblaster - lusitan's post pretty nicely sums it up. Yeah, there are plenty of miserable attorneys but there are plenty of people miserable in any job you can think of. also, some of us really like it and are happy doing it. The more i talk to my friends back home the more i miss it.

As a relatively recent law school grad - and someone who switched careers to do it - i have to caution you not to do this unless you are absolutely sure you want to be a lawyer, that you love the things a lawyer does and there is no other way to do what you want to do without a law degree. for...

Also, although the general rule is that you need 5-10x your current income for insurance, be mindful of your individual circumstances. Is your wife employed? Does she have marketable skills? Do you have children, how many, what ages, and do you want to provide for college or further education...

earliest will be 2026, when DH is 50 and gets his pension. Many factors may extend it ... I don't see much of anything that would shorten it. dog - our plan is to live off the pension (and gov't subsidized health care!) and taxable savings until 59 1/2. Also, there will likely be some income...

thanks for your insight, guys. you basically corroborated what i felt in my gut - don't depend on it, we may not even stay that long, but it is unlikely to go away.

Part of our RE plan is the fact that after 20 years DH will have a fed gov't pension (he's only 1 year in so really this is not something we depend on - we're also saving for retirement as much as we can - but it is a factor). A friend who is admittedly not very financially astute mentioned to...

I feel like I am in a sort of limbo land because I didn't RE, but DH has a job that brought us overseas and I don't work right now, so I am living the life of a retired person (I guess? at least similar?) ... at least until the baby arrives and I start full-time parenting. I just wanted to...

Mach - actually, raising some of our own food is part of our retirement plan. we're planting fruit trees on our property now (and some hardwoods we can harvest in 20 years for extra income) and plan to raise chickens and goats, as well as maintain a garden.The lake across the street has good...

coach - nobody with half a brain is going to admit they regret having kids outright, but if you may attention to what they say about their kids, how they say it, and how they treat their kids it can be pretty obvious. we're about to have our first so I can't say how it will affect our ability...

OP - I don't know if you have really thought through the possible expenses of retirement. I would not dream of retiring without at least $1m in today's dollars, and we're talking in addition to a fed gov't pension, stable health care costs, paid off housing and plans of mostly gardening and...

We are also in the SAHM-planning stage (baby due in a few months, I'm already not working) One thing to add about staying on track for ER - fund retirement first, college savings afterwards. Remember the SAHM can have spousal IRA contributions even with no income at all. Also, we're setting up a...

C'mon guys - ER is a great goal and one of my husband's as well (I actually hope to continue to do something in my career forever, but not full time and only the cases I want to take), but isn't it even better to be able to have a job you love going to every day? what if your hobbies and things...

Saving early doesn't always get you what you want if you save stupidly. I had a great job right out of college in the mid-90's and was maxing my 401(k) before the tech bust. I had a broker I trusted (here's the stupidity) who, since I was so young, had me invested aggressively in tech stocks and...

Re: "Exceptional costs of exceptional kids" (or: blowing your retirement on a ce Hm. In Sydney one time my cab driver was a Julliard grad who chose the best-paying gig he could get after school (Sydney orchestra) and well he was still driving a cab to make ends meet. I think he was a string...

About life insurance - what DH and I did when we owned our home but weren't married yet was take out term life ins in the amount of the mortgage, sure we had about equal earning potential but the mortgage alone would have been a stretch for either of us and it is one less thing to worry about...