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I am not sure what to say about her but I have never paid attention to her advice. I get the sense she hates the FIRE movement because so many people are doing what she is against and probably doesn't think possible. Two million dollars is still a good chunk of change, not pennies as she...

A really good article about the Federal Reserve, Paul Volcker and the period of late 70's and early 80's. It begs the question in my mind, will the Federal Reserve have to raise the prime rate so that it is higher than the inflation rate to lower inflation? Are we ready for 10%+ mortgages and...

Does anyone have access to and willing to share the cartoon of the businessman walking past a cemetery with a bubble over his head that says time = money and the tombstone nearest him says time > money? Thanks in advance.

Yesterday the news announced that NH's largest provider of electricity, Eversource, was increasing their "Energy Charge" from 10.7 cents per kwh to 22.7 cents per kwh due to increased fuel charges primarily related to the natural gas used by power plants. Eversource electric bills are made up...

I am rapidly approaching my six month window to select a Medigap policy to compliment my Medicare Part A and B. I have tried to read as much as I could to help with the decisions regarding Medicare and I have decided I want traditional Medicare vs. Advantage. I live in NH and I am trying to...

Today I got a notice from the IRS they changed my 2020 tax return that I filed in early March. The notice said I was due an additional $82 return. No explanation of why other than changes to tax laws, rulings and regulations. Oddly enough I had an excess premium tax credit for HI purchased...

A very good friend of mine is turning 61. He tends to be obsessive and compulsive. He always asks me for financial advice for most of our lives. He is currently working a good job with group health insurance. His wife, 53 unfortunately had a HA and while treating her they discovered she had...

My definition of modest must be quite different. If $8M is needed for a modest retirement most people might as well give up trying to retire. https://www.marketwatch.com/story/the-new-savings-target-for-a-modest-retirement-8-million-2020-08-17?siteid=yhoof2&yptr=yahoo

I have not logged in for some time, but looking at the market again today I wanted to check in and see if "she" posted the W word yet so I know when it is time to sell :laugh:

Back in 1987 when I left active duty with the USAF I was too young and too busy to care very much about any VA benefits. I looked again at what might be available to me in 2008 when I made the move from F/T work to semi-retired. At that time I did not qualify because VA benefits were means...

As I read this I continued to think to myself, are you kidding me!!! Described as a frugal couple in mid to late 50's they have a paltry $3300 in an emergency fund with joint income between $79,000 and $98,000 a year. They have $85,000 in a 403B retirement account and he might have a modest...

I started a full retirement this past August. The city I live in just set the tax rate for the next year. Living in NH property tax is a big deal. I live about an hour north of Boston. I have a very modest home, small ranch, 1000 sq ft finished, full basement, 2 car carport, on a house lot...

I have a question the some here may know the answer to as it relates to monies in and out of an IRA. I have about $8200 of tax deferred interest on some EE Savings Bonds. I have income from work in 2015 but will not have much income from work in 2016. For the purposes of the ACA tax credit I...

Time for a little game while we watch the show. My prediction on market bottom, DOW 12,622.

Did I miss our historic call for correction with a post from W2R saying Wheeeeee? I was counting on this siren call to give me THE sell signal :)

Well come 8/28 I will be moving from Semi-ER to full ER or maybe something in between. 7+ years ago at age 51 I went from a full time wage slave and was able to turn my job into a half time position. Well there are new powers in town and they want to change my position to full time so I am all...

I was just checking my investments performance for the year through 6/30. I was above water for the year until the big drop this week but I now have a very slight loss in net worth, the loss includes my WR to live on, with only passive income to live on since 1/1/15 I am down slightly, .001 of...

Here is a cheery prediction from MarketWatch. Get ready for a 4,000-point Dow drop

Whether you need it or not, but especially if you don't need it. So says the author of "Smart Couples Finish Rich - 9 Steps to Creating a Rich Future for You and Your Partner." He says what I have thought all along guided by my late parents experience. That is we will never be in better...

I am not sure what the point of this article is. He has $1M in invested assets. He has 15 years of a mortgage left. He has an unspecified amount of income from rental property. If I added up his monthly spending in 2015 correctly his starting WR is 7%. Given what I know from the article I...

I finally got the 1099B and Form 8949 I was waiting for to finish my taxes. I am 57, working P/T for the last 7 years. I was able to obtain a Bronze plan through the ACA for 2014. I have income from work and investments. My gross taxable income was $48.5K. I put the max amount into my HSA...

No mention of it helping folks under 65 retire early. It has sure helped me. http://www.nytimes.com/interactive/2014/10/29/upshot/obamacare-who-was-helped-most.html?_r=1

I came across this article today. I am not sure what point the author is trying to make. Her list of 7 things the middle class can no longer afford strikes me as putting the people who can not afford such things well below middle class. Perhaps my perspective is skewed. What she says the...

I saw and read this article this morning and wondered what the author's angle would be given the headline. It says essentially too many baby boomers will enter retirement with a home mortgage and will be servicing that debt with a reduced income. I have to think people who put themselves in...

Some food for thought for many of us I am sure. As the three stooges used to say, "Hey I resemble that remark" :laugh: http://finance.yahoo.com/news/7-signs-youre-spending-too-210000681.html