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  1. M

    Inflation simplified

    Good Morning All :flowers: I hope I am thinking about this correctly. In general, can I disregard inflation's effects if I also do not consider the growth effects on my 401k balance? Example: If I have a $1,000,000 401k at retirement's start and need that account to cover an expense...
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    Illinois ???

    A few years out from retirement yet and live in the Midwest currently. Thinking seriously to relocate to Missouri after retirement but thought Illinois may be much better for finances. I'm an 80 percent disabled veteran and I understand 70 percent and above get full property tax exemption in...
  3. M

    Value of a pension

    Hey everybody! At almost 57 (I'm 54) I'll be eligible to begin retirement through Fers and get a pension of about $35k in today's dollars. It will have no cola until 62 and then will start a "diet" cola. My question is, with average inflation what will the value of the pension be (in today's...
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    Preserving the buying power of a pension

    Hi friends! 😃 If I have a pension that does not have a cola what would be a prudent amount to save in an etf index fund each year of the pension so that the buying power of the pension is preserved. Is it as simple as finding the CPI each year and saving that amount off the top of the next...
  5. M

    "Rent" to Daughter -- Tax implications

    I have a 2 BDRM 2 Bath Condo in city where I work and another SF home an hour away that I split my living between. (My DW stays at the SF home always) I was thinking to allow my DD and her husband to live at the Condo and as long as they pay the property taxes, utilities, and HOA dues. If...
  6. M

    Vacation / Future Retirement home

    I have need of some info. Here the situation : I own my current home without a mort. and I'd say it is worth about 200k . I am about 13 years from retirement. I want to retire to a specific area that is on the beach where home prices have taken a drastic hit ( like many areas ) . I also...
  7. M

    What do you do about Minimum Retirement ages Required by Pensions??

    I have been lurking a month or so and need a little insight I am married M39, 2 kids 14/17 and recently retired from the Reserves after 20+ years (pension will be COLA adjusted about 7,500 a year at 60) I already have 20 years as a fulltime federal employee and @ 57 will receive a federal...
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