Recent content by beanctr88

While I will not retire until I feel that I can show my wife that it is more than fiscally responsible, the final decision on my retirement date will be mine. Just as her decisions on when she did and did not have paying jobs were hers. We trust each other to do the right thing at the right...

I was in college around the same time. Since technology wasn’t a thing back then we all filled out those offers with fake names, addresses and social security numbers. There was no way for them to check and we got our free goodies. I did dozens of them. I’m very glad I didn’t actually get any...

Right now is the hardest for me. We have elder care issues in two cities and I need 4 to 5 years of work to get where we need/want to be financially. This means my wife and I are often not in the same city. Maybe it is the family issues that impact my motivation at work or maybe it is knowing...

Are you the only beneficiary? If not, how many are there and do they share equally? Is the executor a beneficiary too? Understanding this would shed some light on their motivation and how to proceed. I have dealt with executors who were also inheriting part of the estate and there were...

People often say there is a shortage of housing units in the US. I find this hard to believe. There are millions of second homes that sit vacant most of the year. Go to any major city and drive around and you can find many empty houses. I’d love to see how that number is actually calculated. It...

I may have missed it but with so little in pre-tax savings and at your age, what is the strategy to be able to pull your full SWR without penalties? I’d be more worried about that than your equity vs bond mix.

Not planning on doing anything different than we’ve done since March 2020. I have worked at the office, eat out for lunch every day and whenever we feel like it at night. We go to basketball and hockey games indoors, also concerts and movies regularly. We go to all the home games for our...

My MIL is in the early stages of dementia very similar to what we saw 30 years ago with her father. As empty nesters we elected to buy a second home in my wife’s hometown so my wife can help other family care for her as her condition deteriorates. This is not full time now and she insists she...

That is the group policy through work price. It just gets crazy high once you hit the 49 then 54, 5-year age bands. Before those levels it was much more reasonable. I get it, that’s when we all start getting cancers and heart issues that cause long-term periods of missed work. I feel I...

This is long term disability that replaces your salary if you were to have a heart attack or cancer or an accident and couldn’t work for a few months all the way up to retirement age. Not long term care that you seem to be discussing.

I have seen this discussed in quite some time and was interested in how others handled this. Currently, I am 6 years away from my planned worst case retirement date. If I lost my job today or something happened to the family Corp. I work for it is unlikely I would bother looking for a new job...

We used to go to New York every year and enjoyed all of the things mentioned above, museums, theatre, fine and casual dining, concerts, hockey and more. However, our last visit was disappointing. It occurred in March 2020 just as COVID entered the US. In fact, we were there the last night...

There are ERISA rules that require the plan sponsor and administrator to be able to justify that fees are reasonable. What is this fee for? Who does it get paid to? If the answer is the company is getting the money, a good labor lawyer would love to take on that lawsuit. My guess is that up...

A little late to the party on this, but here’s our situation. My wife is spending about 20% of her time in her hometown dealing with family health issues. We had planned on buying a second place there in retirement anyways, but decided to go ahead and do it now. Financially, it doesn’t...

What does the group think about this scenario? I apparently was infected in March 2020 in New York right as the outbreaks started, right before the City went into shutdown mode, but was never symptomatic. Since June 2020 I have donated convalescent plasma every 4 weeks and my blood has been...