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Yes, if your pension/ss covers most of your expenses and your asset withdrawal rate is less than its return rate your assets will grow.

No one really. Everything I know about personal finance is self learned. I opened an Etrade account back in the late 90s and started fiddling with trading. Spoke once in awhile with guys at work, but they seemed to spend their money as fast as they made it...which was bizarre because I worked...

Welcome! My wife and I didn't start retiring in earnest until 32 and 30 respectively, due mainly to graduate school and resulting lost earning time and debt accrued. That being said, I retired the beginning of the year at 52. My wife is still working as a teacher because she wants to, only works...

Our overall assets are up ~12.6% YTD, including some contributions, but a little of that is also fuzzy due to property value guess. It will be an interesting year as I'd accumulated nearly $400k in company stock and am working through divesting some of it as painlessly as possible. I'm also...

I'm no longer accumulating AAPL except for rolling dividends back into shares. It's amazing how much money it keep raking in for incremental phone updates, a watch, and selling music/videos. Stockholders are getting restless that they are sitting on over a quarter trillion dollars in cash and...

Tough love. Our niece (wife's side) was trying to get into her first house, a very small and cheap house, and asked us to help her. We've helped her in the past with money...she's one of these new millennials who lives in the moment, with no care about the future (the grasshopper). I had no...

I retired from a screwed up and stressful Fortune 50 tech company after 20 years at about the same age, with a little less in assets, but no kids. The stress of those type of jobs can be hellish and not worth it after a certain point. On the surface you look perfectly fine with the info...

You should have zero worries if you live a very comfortable yet relatively modest life going forward, and you have plenty of headwind to make it through rough weather or make adjustments to adapt as needed. Go for it!

:facepalm: Learn something new every day. Thank you!

Total NW has increased by ~$700K since the last time I posted in this thread (back in 2013, wow). Our total assets are 10.6% ahead of my modeling since I started developing said model, so things are progressing slightly better than what I desire for our investments...so I'm happy.

We currently live in WA state, and it's a sleeper state for retirement. No income tax, but a high sales tax...basically consumption tax. So if you're a low consumer (at least in state) and live in a modest house, and have a large amount of retirement assets that you'll be drawing from, it's...

Samsung Galaxy S6 edge+ We are never cutting edge phone people, we usually skip a good 3-4 generations before upgrading, then I waterfall my phone to my mother who thinks she's getting a new supercomputer, science ficton device.

Holy crap, where do I start? Thanks I guess... :laugh: :laugh:

I only feel guilty in that my wife is choosing to keep working, but she's happy with her job. And my mother was forced to work until she was 70 before she could retire on very meager savings and budget. I retired once at 48, then reluctantly got sucked back to the same company, then retired...

You are sitting pretty good...in other words, about better than 98% of Americans, so big congrats! :dance: My question is, do you really need $5-$6 million? It sounds like you live well within your means and plan to do so going forward. In a lot of my calculations I've found that working...

Little late to this poll. I do not have a pension. My employer had what was called a minimum pension plan. It was a weird program in that the company put in some money completely independent of your 401k and their contribution to it, and when you left the company you could eventually draw on...

Question for the collective... I've developed a personal spreadsheet over the last few years that uses monte carlo simulation to model different return scenarios and variance assumptions. I used monte carlo as part of the engineering design process while I was working, so I have experience...

I don't think I mentioned it, but I joined the military when I was 17 (mother had to sign my life away, lol), and I came from a very poor family. In the long run escaping that became very important to me as a driving factor.

With regards to my wife and working...she doesn't want to retire yet. If she wants to keep working and enjoys her work, more power to her I guess. She just turned 50 last month and says she would suck at retirement, lol. She has evidence to support her own conclusion in that she has had every...

This is a discussion I have with my 30 year old niece all the time. She's struggling with money, has always struggled...mostly live paycheck to paycheck. She comes to me for advice, yet doesn't act on any of it. It's a generation who live in the now, knowing full well it will bite them in the...

I registered years ago and made a couple posts and did some research...but was never really active. I retired earlier this year at 51. After undergrad, getting married, grad school, and bouncing around a couple dead end engineering jobs I managed to land at a Fortune 100 tech company in 1997...

Thanks for the advice. What are stamps? I use about one per year. :laugh:

It's been a good 6 months for us. Sold one of my websites for $57K. House refinanced at 3.25%, will be paid off in 5 years. All debt gone. Total assets are up about $200K and we are bumping up against $1.5 million in assest (which is ahead of my schedule). On track to retire at 53 or 54...

I'm in the process of selling one of my websites :dance: and I will have about $57,000 coming out of an escrow account in a few weeks. We don't need the money (no debt) so I'm looking for investment ideas as a lump sum, or broken out. We're pretty diversified but I'm kind of at a loss of what...

Agreed. It's the exact plan we have, if I can survive another 7 years where I work now. :laugh: I just don't have a fancy name for it, but I do now. Good luck! :coolsmiley: