Search results

DW and I will be turning 59.5 in a few months, when we would like to start drawing some dividends & interest from our tax-deferred accounts at Schwab. Do we need to wait until after the exact dates we turn 59.5, a day later, or does it really matter since it all gets reported as a total amount...

Was interested in booking a group tour to Europe, and curious if any available for FIRE folks. We're in our late 50's and not really wanting to book with a group of Senior citizens that might prefer to travel at a slower pace! LOL Plus, being with a group of FIRE folks would be a great common...

Our youngest DS recently got engaged to the most wonderful girl! They've dated for 4 years, waiting for DS to finish college and get a good job. DDIL has another year of college, so they are looking at a Summer wedding. DW and I are trying to determine how much to contribute to their wedding...

Had a small windfall come my way from a real estate investment, $25k. Have another $25k accumulated excess cash flow from real estate dividends over the past year. Normally, I'd wait for another real estate investment opportunity to come along. But thinking I should diversify a little more by...

Got an invitation yesterday from the IRS to review my 2017 Federal Return! :facepalm: Called today got a list of items they want to see proof of: 1. Advertising expense from DW's business (music studio). 2. Contributions made to our church. 3. Repair expenses to rental properties (these were...

We're turning 55 this year and have been F.I. for a few years. Planning to RE in about 12 months. My DW's parents are fairly wealthy and in their mid 80's. While in pretty good health, we recognize at some point they will not be with us. At that time, DW and her brother will share a fairly...

Hello, I'm 53 and have worked as a public school financial administrator for the past 6yrs. I'm vested in the teacher's pension plan and would receive 2% of my highest annual salary for each year I work when I turn 62. So if I leave today it would be 12% (2%x6yrs) at age 62. Not a huge amount...