Recent content by Retireby45ish

Agreed. You are more than set on the spending side. You can probably go back if you decide on the lifestyle side you miss it.

For some reason I thought all withdrawals from ROTH counted towards MAGI. If not that might be an interesting route to explore.

A lot of good misc points. Thanks!! Yes I guess I’ll just have to wait and see about the 400% FPL cliff in 2026, and how that affects things. Good point that it’s only the gain that matters for ACA MAGI. I’m guessing it’s best to sell all the lower gains, as a percentage, first and let the...

I’m planning for retirement in a few years. I’d love someone to check my general setup and allocation of funds and then to offer some insight into how to manage MAGI to keep ACA subsidies under control. First, we need about $100k per year to live comfortably. Been keeping track of expenses...

I agree even with healthcare costs you are good. Also agree that if you can manage income then subsidy might help. Finally, I don’t think you mention SS which will kick in eventually and help lower the amt you need from your investments. I’d call it career and enjoy yourself if I were you.

Thanks for your words. This is what I’m telling myself as the market keeps going down and this house becomes what I view as a big drain on resources. But the other side of the coin is that If you don’t enjoy your surroundings while you are here and alive and kicking what good is a big pile of...

Yikes! First, thanks for all the responses. This has been a tough decision, but we are moving ahead. And one that overshadows years of frugal (miserly?) small ones. But as someone said, “not all decisions are financial” which is my life-lesson to learn (according to DW). For those that said...

When we initially looked here it was a lower COL area. But it’s a nice vacation destination so prices have skyrocketed because there is low inventory and a lot of demand since everyone can work remotely.

Looking for some insight here as we look at housing costs. We moved to a location where housing costs are much higher than our last home(600k). We have been looking for a year(!) but bid 1.1 Million for a home and finally won. I feel conflicted on this. The higher price, coupled with the...

Congrats. You have a lot to do to keep busy and I’m sure it will all work out for you. Enjoy.

Echo the post above. Very easy one to say you are Golden given size of egg vs spend. And with SS you are sub 2% WR over your lifetime. I would also echo the sentiment that you can be more aggressive putting some of the cash into stocks for the long run. Enjoy the last 1.5 years of unwinding...

It’s an EU citizenship. I don’t believe I need to prove residency or anything as long as I’m a citizen in that country. Of course I’m also a US citizen. I might ask on an expat board or something. But I know people who I believe do this 50/50 split and are covered. They are over 65 and so...

I was wondering if anyone under age 65 has a situation where they were splitting their time between the US and another country and therefore only needed to pay for health insurance for, say, 6 months. We are looking to retire soon and wanted to model the cost of health care if we went down the...

I second the sentiment that fidelity is great at transferring things. Call or chat then and they will send you the right forms. Electrically send forms back (even if they say to send by mail) through their secure portal. Easy. Dont make the same mistake I did. I sold assets in an ira to move...

Thanks for your thoughts. I don’t think anyone has a crystal ball on where house prices go. I thought selling when they were up 25% YoY in 2021 was fine and they wouldn’t rise another 10-15% before I could find a home. Here I am a year later watching them continue to go up. I do think these rate...