Recent content by mickeyd

What is net worth used for? Showing off?

Never...hardly ever. Maybe it's because me reside in a CCRC and most neighbors can afford life's goodies.

I retired from working about age 58 and began my own SSA @ 70. During the 12 year gap we lived on spouse pay, I got SSA "spouse pay" 4 years, investment income/savings, and pensions. What a mixture huh? It worked.

Even tho I was born in 1944, I have always considered myself a BOOMER.

"Significant shrinkage" (George Costanza)

Been retired for 10+ years. We have been 45/45/10 for about 10 years, but now my cash position is more than that due to CRFMMF paying out 5.3% these days. I need something to spend that cash on. DW will figure that one out I guess!

I participate in line dancing once or twice a week here @ our CCRC. Never did it before but find it a lot of fun for an hour or 2 per week. Lot of laughing goes on. (Are they laughing @ me?)

We have medicate A&B in addition to Tricare-for-Life (not one of the options here).

I am in the same boat as horrnsfan (hookum). It's the SSA law, but recall that DW did not pay into SSA, so she does not get to participate in SSA. If you go to local SSA office and sit down with one of their flunkies, that can show you the math that they use to adjust for WIN.

All of my DB income streams get taxes taken out prior to me receiving $. Same for RMD. For investment returns, I guess what I will owe Uncle Sam and each quarter and enter it on EFTPS system. When I do my taxes I pull these together and make sure that it is included there. I usually get a small...

13.65% - so says TT but figure does not include my non-taxable VA disability compensation. All federal, but Texas does not reach into our pocket for cash.

Better to have too much $ in your IRA than too little. I have a similar problem, but some how have figured out how to either spend or reinvest my annual RMD distributions. It is a very good problem to have.

Got this VG email today but have not taken survey yet.

If I can pay with CC that's how I ride. If CC is not acceptable, I go with directly out of my checking account. Keeping it as simple as possible.

I suggest that you fire your current FA and purchase 100% VG TSM fund then let 'er ride. If this does not work after 15-20 years, get back to me and I will come up with something else.