Recent content by perez99

Yes, it included everything. There was also a dinner the day before for out of state guest flying in for the weeding. They were about 2/3 of all guest. As I said to the OP, I think the amount was generous

I think $50K is generous. In fact that is what it cost me for my daughter last month. It was a 67 people.

Too many variables to have certainty in when you can retire. My $0.02 suggestions: 1 - Managing expenses : Drive toward ensuring you are able to save money and hopefully enough that you can invest 2- Setup emergency fund: 3 to 6 months of regular expenses. 2 - For the portion you can invest, buy...

Hopefully a quick, non-controversial question: are the number posted here the portfolio value net of withdrawals? That's an easy number to get, but of course is impacted by how much I take from it (Take nothing and it will be only investment performance. Take a lot and investment performance may...

Actually I just looked at the FAQ section. 2. What are the criteria for the inactive entity exemption from the beneficial ownership information reporting requirement? An entity qualifies for the inactive entity exemption if all six of the following criteria apply: (1) The entity was in...

Here is the FinCen page in case it helps. I'm not 100% sure, but under the impression that this is, at this point, a 1 time event to report who owns the LLC. Thinking that if ownership changes, it will trigger another reporting. I believe income is not a factor in reporting or not. If the LLC...

Retired end of 2021. 100% equities (indexes) until a few months before retirement. Have been doing 70/30 since retirement. Want to get to 60% soonish, but being hold by some remaining megacorp stock options (really a mental block I have). Think 50% to 60% is my sweet spot.

Agree, that the comparison is tough to do, but hopefully not meaningless. After all one still need to be judicious how much to withdraw from a portfolio in order to last, and the spending was the same in all comparisons. I'm my case the 30 years will take my to 90, so hopefully close enough...

I didn't look at the actual success factor, but rather at the spending allowed at the same confidence level. Not sure where the difference is. (I do agree that higher success ratio is better)

as per above, I loaded the pension options with an hypothetical $1MM portfolio. Results with very small rounding for readability are: Option: Take my Pension Portfolio $1MM Other income: $15K 95% confidence spend : $55.4K 100% confidence:$51K Option: Lump Sum and Invest Portfolio $1MM +...

Actually for #1, I was ok to say that you still need to invest consistent with SWR studies, so yeah assume higher volatility investments. The issue is that even doing that it seems I'm still not matching the monthly pension payout unless I exceed the SWR 4%. So even an unfair comparison its not...

Good idea. Will give it a try over the weekend. Thanks

The issue I have is that the 4% is less than what the pension will pay in nominal terms ($8.5K vs $15K). I was trying to get "evidence" that is so much better to take the lump sum and invest while taking withdrawals for living expenses at the same rate that the pension payout. To get the sense...

NO COLA and no splits... all calculations with joint life.