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Hi, I'm 57 years old and manage all my own investments but am interested in hiring a fee based financial planner to create retirement financial analysis that would hopefully validate my view on my ability to retire. I want a plan/model that will take show my annual spending and optimal ways to...

Curious to how many folks have a country club/golf membership. It is something I think I would enjoy in retirement but haven't joined in my working life as just wouldn't have been a priority over kids sports and activities. I can afford it and my wife is encouraging me even though I haven't...

So I know all about historical returns of the stock market over prolonged periods of time but also very familiar with turbulent times like we are experiencing now. So question is there ever a point where it is ok to not try to maximize your nest egg but rather protect and preserve if you've met...

Sorry yes my wife is my child's bio mom.

My wife is step child's mom and we are still happily married.

I'm interested in people's thoughts on inheritance when you have a stepchild. I know I'm probably putting too much thought and making this more complicated than it should be but welcome the input of others. I have one stepchild and one of my own. The stepchild has her dad and one aunt and is...

I have daughter finishing graduate school this year and a son that is freshman in high school. College is funded for him so no concerns there. The reality is I'll always work to make $2-4K a month so that preserves nest egg even more. I'll probably wake up one day and just realize now is the...

Thank you. Based on size of my savings I'd be happy if I could just generate 4-5% return. I guess at some point I have to trust the data with respect to market returns and just position it so I can handle the down turns.

You are right the mental aspect doesn't allow me to do it even though I have very little enjoyment from my sales career any longer and more often feels like it is taking years off of my life. I want to be able to live a FAT Fire not that it would be that extravagant just don't want to have to...

I'm about 70-80 percent in stocks. I'm not a day trader but more active than the buy and hold strategy as have core of holdings i will be relative active on.

Looking for how folks manage their investments once they FIRE and are living off savings for annual living expenses. I haven't FIRE'd yet (54 years old) even though all calculators say it is 100% success rate. I can't mentally let go. Therefore looking how people manage their portfolio...

Question on how the SWR is calculated when people say their might be 4% or 3 % etc. If I have a $4.5M nest egg (assume all in taxable accounts) If I earn 2% interest =. $90K/year Assume 20% taxes (just a guess) =. $18K year in taxes Net interest income after tax =. $72K My annual spending...

Has anyone seen this Forbes article suggesting the following portfolio for a 9% yield with a portfolio of five CEF's? Thoughts? Must be tremendous risk associated to get that type of yield...

Reached My Goal Year Early ... but can't pull the trigger I had set a goal 5 years ago to get to $5M Net Worth ($500K House paid off and $4.5M in IRA and Non IRA money) when I was 55 years old. After a very roller coaster of a 2020 I have reached the the goal! Unfortunately I can not change...

So my view is I'm retired when I no longer have to work for $'s and no longer have to manage a career or resume. My vision is I'll still do some part time work to provide some structure and enjoyment even when retired. So my questions are the following: - Do you do any paying work in...

I got the message guys :) . I was thinking it was more around content similar to a site like this around all topics related around retirement not just daily stock tips. I find more reading of good content can only further educate me and refine my own thinking and strategy that works best for...

I have not subscribed. Potentially will but was looking for any feedback from others that may have already.

Hi, Was wondering if anyone subscribes ($100/yr) to the Retirement Daily on TheStreet.com website. Interested in any feedback anyone has with respect to the value and usefulness of content offered. The headlines often get me clicking on it and brings me to paid website. Thank You.

Thank you for that clarification on SS benefits for my wife. I had just read it was 50% didn't realize for the FRA benefit. Much appreciated.

For HC would either pay out of pocket or my wife might get some low stress job that offers HC. I didn't highlight that I have college fully funded in separate account that I don't factor into my net worth for retirement.

It is in variety of stocks (70%) and cash (30%) . The higher cash position is in process of being redeployed. I currently generate about $80K+ in dividend income as I own some dividend based stocks (Altria, Cisco etc). What kind of holdings do you have to generate the 3.5-6.5% income?

Yes, I would take the $250K income.

I enjoy reading everyone's post as I struggle to not stress about finances as the I am overly conservative and have constant fear to not mess it up. Mathematically I think we are fine but mentally I can never let go the need to work, save and invest. I know no one here can help with the mental...

No doubt I can't retire yet and maybe my goal is not necessarily full retirement even in future. Retirement to me is not having to do a job/career to maximize income to maintain lifestyle and take care of family. I'm currently in software sales and it provides a good living would welcome the...

So the $2M of retirement and non retirement funds are invested in a diverse portfolio of stocks and mutual funds. I have about 10% in cash but remaining is moderately conservative with many dividend focused stocks. The $10K /month is the net spend each month on average. I am very conservative...