Recent content by eyenitnoy

Answered in the post above yours.

$946/yr $3 million. State Farm

I don't want to get sidetracked on what I consider a side issue. However, to answer your question, valid reason or not, I maintain modest a term life insurance policy with my sister as beneficiary. This is so that in the event of my death, should my estate be tied up in probate or my money...

Thank you and everyone else for the positive responses. Not sure what to make of this new forum look. I am glad I posted before the change. I guess the swarms of ads will keep the site in business.

I've never posted on Boglehead and never heard of it before although I did look it up just now. Having said that, I am a believer in Vanguard index fund low-fee investing.

Hello Everyone: I don't post a lot but I have been around here a very long time. I am now 5 years into my post-retirement FIRE life. At this point, I wanted to share where I was off in my planning. The purpose of this is so that readers who are in the saving and accumulation stage of...

Hi Basement: 1.5 million certainly could be enough. But please note the following: 1. How much, if any, of this 1.5 million dollar nest egg is taxable? Never forget the tax man. If this is in a taxable retirement account you need to estimate the taxes you will pay just like any other...

Two million plus SS with expenses of around $52,000 should be just fine to retire right now. But there is one important question. Do you plan to spend ALL of your retirement savings over the 30+ years of retirement ahead you should have OR do you want to leave money to heirs? It's a big...

Hi Glasswave: Welcome to the forum. I think your plan is sound. I wish to make two comments. 1. I am in full agreement with you about converting to a ROTH IRA, keeping in that 24% bracket. I agree with this so long as you have non IRA funds to pay the tax (you do) and it doesn't...

What is the purpose of owning a bond? (At any percent.) It is to trade price risk for a stable rate of return. If you want to, you can dump all your bonds, go 100% stocks and over time, sometimes a long time, stocks will always outperform bonds. But as you get older, your time on this...

My concern is not so much that you are getting a second opinion from a cardiologist in the same group. While one might have some concerns, reasonably, that there would be a conflict of interest I doubt this would actually be an issue. These are professionals and they do this sort of thing every...

Keep the phone, dump the EV.

My only comment is this. You have a symptom, breathlessness on exertion, and you also have a condition, mitral valve prolapse. I'd carefully examine whether or not there is a cause and effect relationship here. Everyone, including your doctors, seems to be drawing the conclusion that your...

"What is happening to our young people? They disrespect their elders, they disobey their parents. They ignore the law. They riot in the streets, inflamed with wild notions. Their morals are decaying. What is to become of them?" -Plato, 4th century B.C.

I wouldn't use it for net worth. Why? It has only potential future value that could change. Pension funds go bankrupt; Social security rules could change. Here is how I would use it: When calculating how much you can spend, take 4% (or whatever number you use) of your net worth...