jsutro
Confused about dryer sheets
Located ER forum while browsing your excellent Airstream Forum. If it's half as useful, it will be time well spent. All of your collective wisdom and experience is what makes these forums so helpful.
My wife feels that both belt and suspenders, plus 5 rental units, are not enuf to assure retirement funds because all property is not free and clear.
I'm looking at cash flow, which is consistently positive in spite of healthy additions to 401 K, property equity, etc., which seem to indicate that our years of work, saving, and investment, will enable us to coast through the promised land of retirement. Toys such as sailboat and travel trailer are paid for, and defined benefit retirement income will cover fixed expenses, and increase at COLA and inflation rate.
Years ago I heard about returning ALL early SS payments, (keeping the interest) and resetting to standard SS payout at age 65 or 66. I'll repost this in the appropriate thread, but indicative of my curiosity about retirement schemes and perhaps SCAMS.
Jim, age 61 1/2, $2M real estate, 1/2 equity; pension should produce reliable 75% of current income - or $75K based upon about $100K/year, which includes health insurance at no additional expense! And a random selection of investments in oil & gas, stocks, options, education, and for the time being at least - good health and attitude!
How have you resolved differences in comfort level such as my wife's and mine?
Looking forward to entering data into your various calculators to estimate returns and risk. Which do you find to be most useful? And what are your most reliable sources of information? What's most scary about the big leap, and how have you dealt with it positively? What else should I be asking myself, and you all?
And many thanks to the Mods and software developers that make the internet such a useful tool.
How many of you will be at Burning Man 2008? Want to hook up?
Jim; Half Moon Bay, CA
My wife feels that both belt and suspenders, plus 5 rental units, are not enuf to assure retirement funds because all property is not free and clear.
I'm looking at cash flow, which is consistently positive in spite of healthy additions to 401 K, property equity, etc., which seem to indicate that our years of work, saving, and investment, will enable us to coast through the promised land of retirement. Toys such as sailboat and travel trailer are paid for, and defined benefit retirement income will cover fixed expenses, and increase at COLA and inflation rate.
Years ago I heard about returning ALL early SS payments, (keeping the interest) and resetting to standard SS payout at age 65 or 66. I'll repost this in the appropriate thread, but indicative of my curiosity about retirement schemes and perhaps SCAMS.
Jim, age 61 1/2, $2M real estate, 1/2 equity; pension should produce reliable 75% of current income - or $75K based upon about $100K/year, which includes health insurance at no additional expense! And a random selection of investments in oil & gas, stocks, options, education, and for the time being at least - good health and attitude!
How have you resolved differences in comfort level such as my wife's and mine?
Looking forward to entering data into your various calculators to estimate returns and risk. Which do you find to be most useful? And what are your most reliable sources of information? What's most scary about the big leap, and how have you dealt with it positively? What else should I be asking myself, and you all?
And many thanks to the Mods and software developers that make the internet such a useful tool.
How many of you will be at Burning Man 2008? Want to hook up?
Jim; Half Moon Bay, CA
