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How much should I discount Social Security in my FIRE calculations? I've been using about 30% the SSA estimate in my calculations and plans, is that too aggressive? Too conservative? Me & DW both 49 years old Annual expenses are about 4% of total savings all of which is in retirement...

So with the constant cruise line delays starting to think Elon Musk's Space X will figure this stuff out and offer free Covid vaccine shots with a cruise to Mars. Just an attempt at humor.

So, as the title says I'm considering a 2nd home purchase in 12 to 36 months currently 49 years old. Which is the most tax beneficial vehicle for this goal a) 401k b) taxable brokerage c) something else? I might take a few years off if not completely FIRE about the same time. Current savings...

Financially this won't really make much difference as the amount is small - about $2,200 but I am thinking more the psychology. 17 year old son has a UTMA account with about $2,200 - I am thinking of cashing that out (assuming I can legally) then put the funds into a Roth in his name. He had...

Not FIRE related but asking here as there are some helpful people. So, dear wife has decided we are moving to a lake house in South Carolina as our primary residence in 18 months or so. How do I find stats on weather damage and potential flood insurance rates? I've found average temps but not...

Any thoughts or experience with Satellite Hot Spot rentals while on a cruise or middle of nowhere? Considering renting something in advance instead of the onboard WiFi through the ship. NY to Bermuda in mid July Not planning to watch Netflix more read news and maybe place some trades if...

Not really FIRE related but this forum seems to have the friendliest & smartest money minds around so, a question about College 529 plans. Seems like the benefit of which state plan is on the way in or at the time of investment not so much during the growth or withdrawal phase, right? I...

Admitting I am very fortunate to be in the position to say this - Fidelity's Planning Estimate tool says I have a 85% success rate to retire in 2 years. That rate dont change much if I set retirement date 2 months or 10 years from now. Wow So I was futzing with college tuition guesstimates for...

So my 18 year old nephew is asking my advice about his TSP elections and contributions. I'm thinking the young lad should go with max contribution to Roth. Yes he will not get a tax deduction but he shouldn't have a tax liability as his income is less than peanuts. Right? He says what about...

Is there a somewhat logical way to allocate among beneficiaries of different ages? Planning to leave assets to two children who are 4 years apart in age. So it seems logical to give the older one a bit more since he has less time to accumulate more earnings. Right? Although I could imagine...

So I know this is supposed to be good, both wife & I earned good raises that pushed us out of range where we can contribute to Roth IRAs. The part that stinks we've already contributed a bit to our Roths, grrrrr. From what I've read need to take a few steps, are these right? 1) Withdraw over...

Not entirely an early retirement question but there are lots of smart people here. 17 years ago my mom & grandparents asked me to start a 529 for my nephew since my sister often said "why bother saving, we have to pay regardless" :facepalm: She STILL don't understand the concept of compound...

So I have often wondered where all the funds come for China or even other countries to buy US government debt. Are these countries budgets that far in the black they have extra to invest? Or is it the equivalent of their Fed buying debt? Ive always read the US Fed's quantitative easing was not...