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06-07-2023, 03:33 PM
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#21
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Thinks s/he gets paid by the post
Join Date: Dec 2017
Posts: 2,463
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- 1099-NEC (product reviews of free items)
- 1099-R (IRA, 401(k) and ESOP distributions)
- 1099-INT
- 1099-B (STCGs)
- 1099-DIV
- Credit Card cash back
- Airline miles
- SS Income when started
__________________
Balance in everything.
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06-07-2023, 03:39 PM
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#22
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2003
Location: Florida's First Coast
Posts: 7,360
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My US SS
My UK equivalent of SS
My Canadian Equivalent of SS
DW's Canadian Equivalent of SS
DW US SS
DW HC Allowance from the State
4 After Tax CDs (5.25%, 5.5%, 5.4% & 5.3%
1 MYGA 4.5%
2 x 401ks in CDs 4.0% & 4.15%
Cash as needed from a $260k MM fund returning 5.06%
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
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06-07-2023, 03:48 PM
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#23
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Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 39,862
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Well, in that case I’ll stick with the status quo and only list the lawful income.
We get a bit from Social Security, the rest is investment income.
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06-07-2023, 04:18 PM
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#24
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Thinks s/he gets paid by the post
Join Date: Sep 2014
Location: The Great Wide Open
Posts: 3,691
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Spending Income Sources:
1. Divvies, and interest from Fido.
2. 2 Pensions non-cola.
3. DW's SS.
4. Rental income from 7 units.
5. Gas/oil royalties for or 1/4 acre lot. It's enough for an annual BTD wine.
6. Occasional distribution from 401k to cover shortfalls in budget.
7. RMDs from inherited tIRA.
8. Points converted to airline miles or gallons of gasoline.
Taxable income but not spending:
1. Roth Conversions.
Future Income for spending, gifting and general BTD:
1. My tIRA, slowly converting to Roth
2. Our 2 Roth IRAs.
3. My 401k, may convert small portions.
__________________
Give me Liberty or give me Death. Patrick Henry
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06-07-2023, 04:23 PM
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#25
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 10,907
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DGF SS
My IRA
Taxable
__________________
TGIM
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06-07-2023, 04:45 PM
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#26
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Thinks s/he gets paid by the post
Join Date: Dec 2015
Location: Michigan
Posts: 4,648
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Your #1, 2, 3, 4, 6, small pension, DW's SS, occasional bond maturity or redemption, so 8.
__________________
"The mountains are calling, and I must go." John Muir
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06-07-2023, 04:58 PM
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#27
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Recycles dryer sheets
Join Date: Oct 2013
Posts: 59
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Pretty simple here:
Investment income:
- Taxable interest and dividends
- Tax exempt interest (munis)
- Capital gains
- Investments in several private equity funds (real estate, operating companies, a "secondary" fund). Love the late K-1s....ugh.
Small pension survivor benefit that I inherited from my mother
Fidelity VISA rewards
Later this year - stipend from public company director seat (what am I thinking...  )
Planning to delay SSA to age 70, but might revisit if safe yields stay elevated. We shouldn't need the income, so I can model 100% savings to keep it simple.
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06-07-2023, 05:02 PM
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#28
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Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 1,579
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Pension, Social Security and Investments - 3
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06-07-2023, 05:05 PM
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#29
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Moderator Emeritus
Join Date: Aug 2007
Location: Northern Illinois
Posts: 16,234
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Annuity (I know, but I got into it before er.org...)
My SS
DW pension
DW SS
Cash acct in case I need more money
Future income:
My IRA
DW IRA
Taxable acct
So 5 active now.
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06-07-2023, 05:11 PM
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#30
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2009
Posts: 6,616
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For me, tax-free income from muni bond funds, dividends from stock mutual funds, and cap gains (distributions, usually, but sometimes from sales of shares) from mutual funds.
Not recently, but in some prior years the income from state tax refunds and state property tax rebates was considered taxable income.
__________________
Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.
"I want my money working for me instead of me working for my money!"
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06-07-2023, 05:12 PM
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#31
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Thinks s/he gets paid by the post
Join Date: Aug 2017
Posts: 1,904
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I found a dime on my walk today does that count.
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06-07-2023, 05:31 PM
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#32
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2016
Location: Colorado
Posts: 8,886
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 Quote:
Originally Posted by badatmath
I found a dime on my walk today does that count.
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You are 10 cents richer. Rejoice in your riches my friend.
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06-07-2023, 05:41 PM
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#33
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Recycles dryer sheets
Join Date: Oct 2021
Posts: 57
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Pension.
Dividends and interest.
457(b).
Side hustles.
__________________
Still can't believe I FIRE'd in 2020 at age 55
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06-07-2023, 05:53 PM
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#34
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Thinks s/he gets paid by the post
Join Date: Jul 2014
Location: Undisclosed
Posts: 1,187
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beneficiary IRA RMD
inherited annuity interest
bank interest (2)
taxable brokerage dividends
taxable brokerage declared gains
gifts (birthday, anniversary, holiday)
credit card rewards
Menards 11% cash back rewards
future
his and her SS
his and her IRA RMDs
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06-07-2023, 06:05 PM
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#35
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Thinks s/he gets paid by the post
Join Date: Feb 2011
Location: central California
Posts: 1,118
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Currently,
investment dividends, capital gains
RMD from inherited IRA
spouse’s SS
Was just informed today from the trustee of my mother’s estate that an undiscovered asset from 2018 was found at Schwab. So eventually, another $45K. One of life’s little surprises.
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06-07-2023, 06:24 PM
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#36
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Thinks s/he gets paid by the post
Join Date: Sep 2013
Location: Cincinnati, OH
Posts: 4,245
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Between DW and me:
1 SS
1 TSP monthly withdrawal
1 Pension
1 Small home based business (that's actually a net tax loss)
Dividends
Cap gain distributions
1 Inherited IRA with RMD
As needed IRA withdrawal
__________________
The problem isn't artificial intelligence, it's natural stupidity.
You can't spend yourself to prosperity.
Semi-Retired 7/1/16: working part-time (60%) for now [4/24/17 changed to 80%]
Retired Aug 2, 2017; age 53
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06-07-2023, 07:17 PM
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#37
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Thinks s/he gets paid by the post
Join Date: Aug 2017
Posts: 1,904
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Quote:
Originally Posted by swakyaby
Currently,
investment dividends, capital gains
RMD from inherited IRA
spouse’s SS
Was just informed today from the trustee of my mother’s estate that an undiscovered asset from 2018 was found at Schwab. So eventually, another $45K. One of life’s little surprises.
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I never get that kind of surprise! Congrats!
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06-07-2023, 07:21 PM
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#38
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 36,788
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Currently we only have investment income. I don’t break it down or count credit card cash rewards as those are discounts against purchases rather than taxable income.
This year I did get $16 jury pay.
__________________
Retired since summer 1999.
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06-07-2023, 07:49 PM
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#39
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Thinks s/he gets paid by the post
Join Date: Jan 2013
Location: SoCal, Lausanne
Posts: 4,408
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Right Now:
Corporate Pension (75% survivor)
Taxable Interest Income (Bonds, CDs, and MM funds)
Tax deferred interest income (in IRA)
Social Security (used to cover health insurance premiums and some income tax quarterly payments for taxable interest income)
Second corporate pension will start at age 65.
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06-07-2023, 07:59 PM
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#40
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Posts: 3,639
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We have -
DH's pension
DH's retiree HRA (reimburses for most of our Part G Medigap plans)
My SS benefit
My part time income (school schedule so I'm off until mid Aug)
RMD from Inherited IRA
Interest Income on VMFXX and DiscoverBank
Dividends and Cap Gains (not withdrawing)
I Bond interest accruing
PenFed 2% cash reward on credit card
DH's pension pays for all the monthly expenses and the rest goes to savings.
__________________
Married, both 68. DH retired June, 2010. I have a pleasant little part time job.
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