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Old 10-18-2017, 12:39 PM   #181
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Originally Posted by ABQ2015 View Post
I've had a lawn service and my house cleaned every two weeks for the last 25 years and I am not even close to 8 figures in assets. This was mostly because I worked 50 hours a week but I plan to continue these services in retirement. The social media website, NextDoor, is a good source for recommendations and workers who are trustworthy.

I admit that I am not extremely picky about the house cleaning but my housekeeper does a good job. If I wanted a very thorough cleaning, I know where I could go but it would cost twice as much. Home repairs are a different matter and can be a royal pain - it seems to be harder to find a good handyman.
We employ housekeepers in both places and keep them employed when we are not there. We debated it when we retired and decided that they would stay as long as we could afford it. We also hire painters now. The painter moves all things and then I fix up the few things not put right.

We would love to have "full-time" Uber drivers and get rid of our cars, the most expensive indulgence that we still have.
For the fun of it...Keith
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Old 10-18-2017, 01:47 PM   #182
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Originally Posted by Rianne View Post
I think you need a calculator that works )
I could say the same about you, except it’s probably not your calculator. .01% is .0001. and. .0001 of $10,000,000 is indeed $1,000.

Dont feel too bad as this is a common mistake. Helps to be an x banker as we always talked in terms of basis points (1/100 of a percent).
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Old 10-18-2017, 04:06 PM   #183
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Yeah it's been fun seeing the arguments on 0.01% of $10M. I've been appreciative of REWahoo's sig line on this one!
Retired since summer 1999.
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Old 10-18-2017, 04:12 PM   #184
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Originally Posted by Rianne View Post
I think you need a calculator that works )
So, what does your calculator say is the product of .01% of $10,000,000 ?
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Old 10-18-2017, 08:14 PM   #185
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Build a new house and spend more on travel.
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Old 10-18-2017, 11:55 PM   #186
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I'd stop worrying about money. That's it, really; I have all the material possessions I need. What I don't have at the moment is, a feeling of assurance that my $XXX,XXX savings will last in a city where taxes and other unavoidable expenses are increasing with frightening speed.
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Old 10-22-2017, 12:13 AM   #187
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Answer: Spend it until I have 7 figures
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