Search results

After years of studying Economics...one of the things I learned, when it comes to the Fed, their actions will always be either not enough or too much...and always too late. Centralized government control of any economy, will never be able to outsmart the free market. The Fed is only making...

Hey there CO-Guy! Living in CO as well, and have the same observations about real estate. I know it is crazy everywhere, but seems a bit more frantic here. I am reading the books, "Your Complete Guide to a Successful & Secure Retirement" and "You Can Retire Sooner Than You Think," and I am...

My thanks to everyone who jumped in. Was a great chat. Getting late here in Colorado. And yes, I have to get to work tomorrow. I envy those of you who don’t worry about that! One day closer....

According to the US inflation calculator...with a nod to @ivinsfan for her point about individual inflation rates...that is about $35,000 today. Not too bad. Not so good if it was fixed amount for the entirety of a retirement. Assuming that 55 year old in 1938 lived to 75...that person needed...

I like that perspective, “your own inflation number.” Makes sense. Your point about home ownership is also good. Except...no one complains about rising values in homes until they pay their property taxes. :laugh: Colorado home values are skyrocketing. That said, yes, Inflation is not...

That pesky rule of 72. It could even be 2.5 doublings! Yikes!

I bit off on the “What else do you want,” in the earlier post. I took that the wrong way. Apologies. I see now that your point is that I have a solid degree of FI already, with built-in protections, and if I want to RE, then do it. Text chat has its limitations, but I own that...

Fair enough. The plan is to determine where to cut if/when it happens. I like that. Thank you.

Thank you, @World Traveler for the insight. I initially didn’t see the $200k as a limfac, but you make a great case. My math had me doing the SWR against the total value of the portfolio, but just talking it from the JWROS account. So....if the portfolio is $1.1M...and going with a 4% WR...

Very true in all cases. Planning for things and being prepared for them are 2 different things. Please remember that I did not ask if what we want our retirement to look like is reasonable versus other people’s desires. The reasonableness of our desires is DW’s and my judgement alone. I...

Good point @RAE...and a consistent message I hear a lot. Thank you. As to the point made about how inflation is a group problem, not an individual one. True. With regard to the point made about my being in a better place than most to deal with it, also true. I never considered my FIRE...

Great points made by both @Bigdawg and @ivinsfan. Had to laugh about joining a circus...even local politics feels like a circus sometimes. The COLA is there, but it will not keep up with inflation, and is usually a portion of the inflation. Still better than a stick in the eye....I get it...

Greetings all. Happy Sunday. As I mentioned in my “Here I Am” post, every number points to our being ready to retire today. The biggest hold out for me is inflation. I read post after post of folks who FIREd, and actually saw their portfolios recover and actually increase from the COVID...

Thanks @njhowie for the kind words. I enjoy the job, and know I am making a difference, and am well liked in the community (as much as any politician is, LOL). The position is not my “calling”...that was in the USAF. I have ZERO intention of pursuing any other office after this. Time to...

Hello everybody! Excited to join the blog. 54 year old military retiree who retired from the USAF in 2016, after about 27 years of service. Started my own business, then decided to run for county-level public office in 2018 and won! About three years into my first four-year term, and will be...