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Old 06-07-2023, 03:33 PM   #21
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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
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Old 06-07-2023, 03:39 PM   #22
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Join Date: Jun 2003
Location: Florida's First Coast
Posts: 7,360
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%
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Old 06-07-2023, 03:48 PM   #23
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Location: Chicagoland
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Quote:
Originally Posted by COcheesehead View Post
I guess itís like how this forum defines net worth. Everyone has their own interpretation
Well, in that case Iíll 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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Old 06-07-2023, 04:18 PM   #24
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Join Date: Sep 2014
Location: The Great Wide Open
Posts: 3,691
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.
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Old 06-07-2023, 04:23 PM   #25
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Join Date: Jan 2018
Location: Tampa
Posts: 10,907
DGF SS
My IRA
Taxable
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Old 06-07-2023, 04:45 PM   #26
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Location: Michigan
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Your #1, 2, 3, 4, 6, small pension, DW's SS, occasional bond maturity or redemption, so 8.
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Old 06-07-2023, 04:58 PM   #27
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Posts: 59
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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Old 06-07-2023, 05:02 PM   #28
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Pension, Social Security and Investments - 3
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Old 06-07-2023, 05:05 PM   #29
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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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Old 06-07-2023, 05:11 PM   #30
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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.
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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.

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Old 06-07-2023, 05:12 PM   #31
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I found a dime on my walk today does that count.
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Old 06-07-2023, 05:31 PM   #32
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Quote:
Originally Posted by badatmath View Post
I found a dime on my walk today does that count.
You are 10 cents richer. Rejoice in your riches my friend.
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Old 06-07-2023, 05:41 PM   #33
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Pension.
Dividends and interest.
457(b).
Side hustles.
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Old 06-07-2023, 05:53 PM   #34
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Location: Undisclosed
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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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Old 06-07-2023, 06:05 PM   #35
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Join Date: Feb 2011
Location: central California
Posts: 1,118
Currently,

investment dividends, capital gains
RMD from inherited IRA
spouseís SS

Was just informed today from the trustee of my motherís estate that an undiscovered asset from 2018 was found at Schwab. So eventually, another $45K. One of lifeís little surprises.
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Old 06-07-2023, 06:24 PM   #36
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Join Date: Sep 2013
Location: Cincinnati, OH
Posts: 4,245
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
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Retired Aug 2, 2017; age 53
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Old 06-07-2023, 07:17 PM   #37
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Quote:
Originally Posted by swakyaby View Post
Currently,

investment dividends, capital gains
RMD from inherited IRA
spouseís SS

Was just informed today from the trustee of my motherís estate that an undiscovered asset from 2018 was found at Schwab. So eventually, another $45K. One of lifeís little surprises.
I never get that kind of surprise! Congrats!
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Old 06-07-2023, 07:21 PM   #38
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Join Date: Jan 2006
Location: Rio Grande Valley
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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.
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Old 06-07-2023, 07:49 PM   #39
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Join Date: Jan 2013
Location: SoCal, Lausanne
Posts: 4,408
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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Old 06-07-2023, 07:59 PM   #40
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Join Date: Feb 2007
Posts: 3,639
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.
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