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I turned in my notice - 2 more weeks to go! After about 4 years of OMY syndrome I am finally cured. I went PT about 4 years ago to downshift and now even that feels too much. I highly recommend the gradual approach. Cold turkey would not have worked for me. I thank the good folks here at...

Not sure if anyone has any insights, suggestions, etc but over 8 months ago my CPA amended our 2015 and 2016 returns. The reason was recent clarification from the IRS about taxes on a portion of our income led to a lower tax burden. The CPA included an explanation for the change with the...

My CPA has been charging us about 900/year for a pass-through income LLC return (simple return) and another 2500/year for personal return. Recently they charged us 1200 to revise 2 years at their direction because they recharacterized some income. It saved us a lot in taxes so I was happy...

Because of my income I have been 100% munis on the bond side of my portfolio. However, next year I will have no ordinary income for the first time. I have been trying to calculate the best after-tax scenario. In other words, should I sell my munis and buy taxable bonds? So I plugged in the...

DW was born in Europe and will soon have her EU passport. The Schengen limitation of staying 3 of 6 months will no longer apply to her clearly. My question is how will that impact me and our kids, who do not and will not have EU passports? Thank you

1-For other high income folks here, are all your bonds in taxable in munis? Fortunately >90% of my investable assets are in taxable, but the downside is not much space in tax sheltered for bonds. 2-Does having all munis concern you given the swirling debt issues many states are having? Or...

2 years ago I purchased film credits to offset some of my state tax liability. I have done this multiple times with no issues previously. The credits were purchased through a reputable attorney at a large national firm. In August I received a letter from the state tax authority stating I owed...

My DW and I are strongly considering moving from an increasingly over-crowded major metro in the SE. We have 2 kids in early elementary school. We are easily FI (in the same club as Hesperus), so a job is not a priority, although I am not opposed to a PT gig in my field. We are looking for an...

These are the best two sites I have ever read about WR. I have never been a fan of the 4% rule for early retirees. It is based on a 30 year depletion-based model. I certainly hope I have more than 30 years and would like to leave a legacy for my family. For those of you in a similar...

I want to thank any and all vets and their families for their service and sacrifice. Freedom is not free.

I wanted to add to a previous thread but it is too old apparently. http://www.early-retirement.org/forums/f28/im-in-a-good-spot-but-tempted-76271.html Briefly, I left a long time position last summer. I took a few months off and decided to join another group PT. I enjoyed the w*rk/life...

Hi all - I know this has been discussed before but was hoping someone had a good update. I can manually track spending but it is a hassle - not horrible - but would love something to make it easier. I know Quicken isn't great for Mac based on the reviews here. I have tried Mint - thought it...

I woke up to this unsettling article about how a whistleblower may end up costing us, Vanguard investors, money because we aren't being charged enough. Good grief :nonono:. Hopefully, per the article, congress will step in. http://www.newsweek.com/vanguard-whistleblower-tax-dodge-complaint-400901

http://finance.yahoo.com/news/every-time-tried-buy-something-170000091.html The author states many merchants ask if you want to pay in euros vs dollars. Pick euros or you might end up with a lousy conversion rate and added fees!

I think we have all seen articles trying to claim ER was somehow associated with shorter lifespans. I think that is biased toward the unfortunate folks who got sick at young ages. This article backs what we already knew...

Recent interview with Jim Koch. What he says about money is soooo true. I see it every day. Thought the good folks here could appreciate his wisdom: Koch became a billionaire in 2013. He says that while he appreciates the success of his company, he doesn't think too much about his net...

I've always enjoyed the company of people who are older. The wisdom and insight they can share is priceless. They have the great perspective of having lived through many trials and tribulations. Perhaps that is why so many of us like this site. If you recognize my screen name you know about...

Hello all - thanks as always for the great knowledge and wisdom shared here. In advance, I already know our numbers are very strong. . .so please be kind in your responses.:) I am ER'ing this summer. Notice given, just riding out my time. By summer investable assets at 8.5m - 90% post-tax, no...

I know this is well known by most. But it is a great article for many who are trying to figure out if financial advisors are with it. Thankfully I have become a Boglehead. It now saves me so much money I feel much more confident about ER. Billionaires Decry Blatant Wall Street Theft of...

I don't want to be too specific other than to say my workplace has become toxic with activities of others being highly questionable. I am one of several owners of my business. I have declared my retirement from the business. I now find that they are meeting and taking actions without my...

Someone mentioned one of the negatives of ER, particularly in one's 30s, 40s and early 50s is that most friends are w*rking. That has been one of my fears -no one around to hang out. I realize most prefer to remain anonymous on this site for good reason. However, I wonder if we could figure a...

Oh my. . .it's been an eventful month: 1-Parted ways with my FA! Huge $$$$ savings.:) 2-Put in my notice. . .scary. Not sure it will stick 100%. They want to speak to me and I have multiple outside opportunities. At worst I am part-time this summer to retired. 3-Finally made an appt for a...

So I find myself in an enviable situation. I recently hit my FI number. I had planned to continue w*rking part-time because it was lower stress, great money. However, recent politics and unscrupulousl financial practices have tipped the B.S. meter to full. I'm planning to resign in the next...

As noted in another post, I finally terminated my FA. So I am constructing my AA and breakdown. I'm 43, less than 2 years to ER. Likely have hit FI already. (Yes, that means I am in OMY syndrome.) :facepalm: I'm in 39.6% fed, 6% state tax brackets. And yes, this account is my taxable...

Regarding one's WR, when you say 2.5-4% of the portfolio, is that including the dividends, interest, ST and LT capital gains produced annually? I looked at income produced in my portfolio for 2014. It generates 1/2 income (pre-tax of course) I will need per year in ER. Without these I need an...