Hi my name is Mark,
Wife from Nicaragua. Accountant by trade. 4 and half million networth including primary residence. two sons, three grandchildren
Welcome. My names Mark as well. I sat next to a Mark at a baseball game yesterday. Good things come in 3's
Welcome, Mark. I think many of us have less than that but retired just the same. I have to budget a little more, but our retirement has held steady and so worth it. 4M would put me in a category of major first class travel. You are in the "sweet spot."
Hi my name is Mark,
Wife from Nicaragua. Accountant by trade. 4 and half million networth including primary residence. two sons, three grandchildren
Does anyone else have the problem I have. You spend all this time saving, and now it becomes hard to spend it.
To add a little more. I retired due to a neurological disorder but that’s okay. I manage. My wife still works but will probably retire next year. I receive social security because of the disorder, but we want to wait until age 70 to receive hers.
My daughter just became an emergency room Nurse in Bakersfield, CA. We adopted her from the foster care system. The day she received her medical degree was the proudest day of my life. She was diagnosed with Fetal Alcohol effect, but I didn’t believe them. I pushed and pushed her, and taught her math before middle school and reading before kindergarten. When she received her degree, she said, “Thankyou for choosing me.” She actually met her biological sister and her sister goes from one minimum wage job to another. So she witnessed what her life could have been like. She has one child, husband deployed in Jordan until August. There is no limit to what she can make although she still has bill,collectors not because she can’t pay the bills but because she forgets.
My son works for AT&T and is also married two kids.
Does anyone else have the problem I have. You spend all this time saving, and now it becomes hard to spend it.
Let me add a PS because I live in the Bay Area, the house just topped a million dollars. So net worth less primary is 3.5 million. Mortgage paid off. I bought the house for 121,000 go figure. A million is non IRA/401K. 2.5 million in tax deferred accts.
Yes, it’s pretty common here. But it only makes sense, having the discipline to save income means spending less than you otherwise could have. That habit tends to persist, especially once you have less/no income and can’t accumulate savings. LBYM persists!Does anyone else have the problem I have. You spend all this time saving, and now it becomes hard to spend it.
....she still has bill,collectors not because she can’t pay the bills but because she forgets. ....
....Does anyone else have the problem I have. You spend all this time saving, and now it becomes hard to spend it. ....
Great story Mark. Welcome.
She could probably set up all her bills on autopay in a couple hours and end up saving lots of time dealing with bill collectors.
Common problem around here... hard to go from saving to spending. My solution was to set up an automatic monthly transfer from our retirement assets to the local credit union account that we use to pay our bills... I call it my monthly "paycheck".
Beautiful story Mark with your daughter. Forget about the FIRE part or your problem on spending money. The success your daughter's having, you must be so proud. That's awesome. Thanks for sharing.
Great story Mark. Welcome.
She could probably set up all her bills on autopay in a couple hours and end up saving lots of time dealing with bill collectors.
Common problem around here... hard to go from saving to spending. My solution was to set up an automatic monthly transfer from our retirement assets to the local credit union account that we use to pay our bills... I call it my monthly "paycheck".