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$153B at 5% … $7.65B per year. Wow.

+4.6% YTD 45% Large Cap 15% Small Cap 20% International 20% Fixed Income/MM

About 10 years ago I had insane PVCs. Wound up in the hospital thinking I was having a heart attack. Nope, but I was having so many PVCs my effective heart rate was in the 30s. Kept me overnight and wind up doing a cardiac catherter exam just to ensure there wasn't something really screwed up...

Curious what the other car is! A used Porsche takes time to buy in my experience. I was looking for Boxster. I probably spent 90 days on it. In that time I looked online at every used boxster in every configuration within 100 miles of the house. I also visited four car dealers (two Porsche...

I generally don’t want more than 1-2% of my net worth depreciating in my driveway. That said, I love nice cars. This is why I buy used and shop very hard for them. I currently have a 2017 Porsche, 2018 F150 and 2017 Mazda CX-5 Grand Touring. Picked up the CX-5 and Porsche in 2022 and the...

Press 1 to accept your 3% credit card fee. Press 2 to approve the 25% tip we calculated. Or press 3 different keys to get rid of it. This is all getting a bit out of hand in terms of not exposing the price when they give you the price. Same thing for resort fees, etc. At a certain...

Hi and welcome to the forum. You’re in a great spot. Your target of $5.5M, is that today dollars or “then” dollars? Remember that inflation will take its toll. At a 3.0% SWR the $5.5M will get you $165K in pre-tax, “then” dollars. Does that work for your aspirations? If you haven’t done...

Very sorry to hear that. I got bitten by two Lone Star ticks a few years ago and learned about this. Best of luck in managing this.

We spend a lot in this category. A while back we joined a very nice, very full service gym/spa set up. $185/mo. We each go 3-4x per week. DW hired a trainer to help drive her surgery rehab and illness. $140/session. Best money we ever spent. I just injured myself and am having to redo...

Why not just do a simple, immediate annuity? I think that would achieve your goals without the complexity?

I’m so sorry to hear this. My condolences.

I once went to bat for an employee who wanted to leave. She was coming back from maternity and decided she wanted to stay home with the kids. Budgets were tight and she’d been a great employee for over a decade. She said “I’ve decided to stay home with my kids, any chance you can eliminate...

Great job! I think the new format is nicer and much refreshed. Thanks for putting the work into this!

This is a great strategy. We alternated years where we would donate a big chunk to a DAF with years where we take the standard deduction. Over time we built up what I thought of as my “Charity 401k”. The “match” was the avoided cap gains taxes. As I head into FIRE, we now have a nice...

Remember that if you’re going to ride the tube or be in other crowded tourist places, ensure that your contactless credit cards are stored in an RF blocking wallet or purse. Never happened to me but apparently there is a problem with thieves getting close enough to you to trigger a fake...

I disagree. As my username suggests, I have a lot of interest in gaming and VR. I'm also involved in AI and like to understand what is happening in the research side of the world. I find solar and climate tech very interesting as well. I like airplanes and travel. I'm super interested in...

Hi all. After all the helpful info, I thought I would let you know that we did go with State Farm. Ultimately, what got them the win was their ability to write a very large umbrella policy and good options on higher deductibles for home and auto. We're at a stage where I'm not worried about...

We're paying $4200/year for $15M in coverage. I know that's a lot but it also covers excess liability on an LLC we use to rent our beach house along with the usual umbrella topics and an LLC I have set up to provide consulting services. I also am increasingly remembering the old quote that...

Well done!

The whole RealClear family is excellent. https://www.realclearmarkets.com https://www.realcleardefense.com https://www.realclearenergy.com There are several others. If you visit one of these, they list they family of sites in a bar across the top of the site you're visiting.

I would be very cautious about being able to live on $24k/year over the long haul. Is there anyway you could work to support yourself in the Philippines or elsewhere and be $1m just compound and do its thing for the next 8-10 years?

I watch CNBC every morning. If something specific is going on we will turn on CNN. Otherwise, I’m an online news junkie. The RealClear news sites are excellent and diversely opinioned. My Google News feed knows what im curious about. I still check out Sky News from my time in the UK. The...

When DW was in the hospital for an extended period I was amazed how fast we just burned through cash. Parking. Train tickets. Gift shop snacks. Hospital food. Take out because I didn’t have time to cook. Oops we need a set of headphones and an iPhone back up battery. Noise canceling...

It’s a very important consideration. In my case a package was very valuable. DW and I agreed that I would swing for the fence but if it didn’t work I would quit. You do always have to ask whether the juice is worth the squeeze.

Yes. So you have a decent sized jet engine of money being printed, with higher yields provided, which acts as an economic stimulus.