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Old 03-10-2021, 10:11 PM   #141
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Surpassed $5 million in liquid assets.
Wow, that's a lot in liquid! Great job. Do you also have some in the markets?
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Old 03-11-2021, 08:12 AM   #142
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I received my first Social Security payment today.
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Old 03-11-2021, 01:29 PM   #143
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At what age did you decide to withdraw?
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Old 03-11-2021, 01:46 PM   #144
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I received my first Social Security payment today.
Congrats!
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Old 03-11-2021, 03:07 PM   #145
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At what age did you decide to withdraw?
62. We don't really need the money right now, but the young wife is not eligible for SS on her own and is subject to the Government Pension Offset, so she will not get any spousal benefit. More importantly, she also won't get a survivor benefit in the probable event that I predecease her. Which means when I'm gone, the SS income is gone 100%. Our logic was to take the SS money now so that we don't need to touch any of our portfolio, which will then be larger when she needs to depend on it. Currently, pensions plus my social security more than cover all of our spending, unless we opt for more frequent luxury travel.
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Old 03-11-2021, 03:11 PM   #146
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62. We don't really need the money right now, but the young wife is not eligible for SS on her own and is subject to the Government Pension Offset, so she will not get any spousal benefit. More importantly, she also won't get a survivor benefit in the probable event that I predecease her. Which means when I'm gone, the SS income is gone 100%. Our logic was to take the SS money now so that we don't need to touch any of our portfolio, which will then be larger when she needs to depend on it. Currently, pensions plus my social security more than cover all of our spending, unless we opt for more frequent luxury travel.
Your situation is probably one of the few on this site where 62 makes sense.
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Old 03-15-2021, 09:01 PM   #147
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I wrote about a month ago how I was nearing the $1M mark in the taxable part of my portfolio. Well, today I reached that mark. I had to widen a column in my spreadsheet which keeps track of this because of the 7th digit and 2nd comma!
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Old 03-15-2021, 09:11 PM   #148
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I received my first Social Security payment today.
Congratulations!

(I get mine next month!)
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Old 03-15-2021, 09:18 PM   #149
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How did you accomplish this? This is FatFIRE.
was that directed at me?
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Old 03-16-2021, 06:47 AM   #150
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I wrote about a month ago how I was nearing the $1M mark in the taxable part of my portfolio. Well, today I reached that mark. I had to widen a column in my spreadsheet which keeps track of this because of the 7th digit and 2nd comma!
Very nice. Congrats. Love it when we add commas
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Old 03-16-2021, 07:30 AM   #151
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Very nice. Congrats. Love it when we add commas
...and when we have to widen columns, too!
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Old 03-20-2021, 04:47 PM   #152
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was that directed at me?
Perhaps Dash Man - in the deca M club?
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Old 03-25-2021, 07:18 PM   #153
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I charted my aggregate IA asset balances and growth % y/y for the last 9 years (that's how long I've been keeping detailed records). On average, 26% growth y/y - not too shabby! But when you remove the best performing year @ 69% growth (Mar-2020 - Mar-2021) -aka- "The Year of COVID" - the average drops to 20%. Anyone else track like this that is willing to share? I found it insightful.
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File Type: png IA Assets & Growth_2012-2021.png (45.5 KB, 102 views)
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Old 03-25-2021, 07:29 PM   #154
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I charted my aggregate IA asset balances and growth % y/y for the last 9 years (that's how long I've been keeping detailed records). On average, 26% growth y/y - not too shabby! But when you remove the best performing year @ 69% growth (Mar-2020 - Mar-2021) -aka- "The Year of COVID" - the average drops to 20%. Anyone else track like this that is willing to share? I found it insightful.
I do. We averaged 28% annual y/y past 8 years since I started tracking.
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Old 03-25-2021, 09:14 PM   #155
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I do. We averaged 28% annual y/y past 8 years since I started tracking.


Thanks for sharing kgtest. Has your AA been pretty consistent over that time?
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Old 03-26-2021, 05:10 AM   #156
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Over the last 8 years we've been at 20%/yr increase in assets. We've been tracking since mid-2005, and from 2006 to 2020 we're at 17%/yr. Asset allocation was fairly consistent for most of that time period, with the exception perhaps that over the last couple years we've shifted to a slightly higher percentage of bond funds (currently at 80% stocks/20% bonds).
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Old 03-26-2021, 12:24 PM   #157
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Happy dance, today we are refinancing our home to sub 3%.

We retired and then moved but I had not planned properly for what that would mean for getting a new home loan given we had no income the bank liked and in our late 40s. I ended up with a asset based mortgage with a rate that was soul sucking compared to what we were use to. My honey had taken a 3 month contract gig that just happened to keep getting extended and has finally qualified us for a conventional mortgage so we are back on track.
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Old 03-27-2021, 03:16 PM   #158
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ATXFIRE and kgtest, do those percentages include yearly contributions as well or just market returns?
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Old 03-27-2021, 03:39 PM   #159
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ATXFIRE and kgtest, do those percentages include yearly contributions as well or just market returns?
That’s all in for me.
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Old 03-28-2021, 04:49 AM   #160
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We just surpassed $5M in retirement savings & investments.
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