Search results

Just turning sixty eight. Plan all along was to wait to seventy to apply for SS. Lately, given all the uncertainty surrounding SS, and the changes the current Administration is trying to implement vis a vis cost savings in general, I have been debating applying now. Still on the fence, but...

As others have stated, I am personally leery of the rent inflation issue given the approach to monetary policies and the implications for the future. I suppose if you are in a rent controlled situation that would give some level of comfort. Also depends heavily on your "time horizon".

Personally I would be orders of magnitude more concerned about Medicare/Social Security over US Treasuries; and, I am not particularly concerned about the former, which is to say I am not, from an actionable standpoint, concerned at all for the latter.

I am reminded of my Wall Street days with the quip: Trees don’t grow to the moon. We are clearly on borrowed time. What has singularly amazed me is how Central Banks have managed to continue to stave off the inevitable reckoning. Trees don’t grow to the moon…

Stumbled across this thread. And very glad I did. Thank you! GeoBlue looks incredibly interesting as a way to cover insurance overseas for several months at a time.

Thank you. I was hoping as much. Also sounds like we should use to its fullest the four month period to file before receiving benefits.

Thank you.

Tried deleting and redownloading ER app, but still cannot get it to work. Is the app no longer being supported?

Sorry, I tried searching, but couldn’t find relevant threads. Curious the experience of those that have applied for SS if you are already enrolled in Medicare. Planning on applying for SS benefits online. When I read SS webpage they talk about various documents (birth certificate, etc) that...

Another May ERer. It is twenty eight years for me. When I started I used to run my spread sheets out sixty years. Alas, not anymore! Good news is that it looks like Social Security will actually be there (at least for a few years ;-))

What am I missing? The money you owe is to the IRS, no? How does suing your accountant make that problem go away? And, surprise, surprise, a lawyer tells you to sue. That’s a lawyer I would run from as quickly as the accountant.

Fear of the unknown is just that: fear. The offset to fear, which is true when it comes to handling retirement as well,is experience. I have been retired since 1995. I am now in my mid-sixties. The previous twenty eight years experience has taught me not to worry. Short of the system...

In discussions like this there are many opinions and no correct answers: just ranges of outcomes. Thus, the single biggest thing one can do is focus on the expense side of the ledger. How close you wish to sail to the wind (i.e. increasing expenses) is the question. I’ve made peace with the...

True, but thresholds are dramatically higher than ACA.

I retired when I was 38. Now, in my mid-sixties. For much of that time there was always a kernel of worry if I am honest, but note use of "worry" and not "doubt". My concerns (worry) were focused on some date, well out in the future that I couldn’t forecast, that I might have to economize on...

The theoretical financial risk with Medicare is prescription drug. Even with supplemental drug insurance your risk is uncapped. Catastrophic coverage (from Medicare) Once you've spent $7,050 out-of-pocket in 2022 ($7,400 in 2023), you're out of the coverage gap. Once you get out of the...

Happiness is a fool's errand. Strive for contentment and you might actually get there…

What do lawyers say… a preponderance of the evidence… but nothing is ever just one cause so I get your point.

I don’t find this (not having sufficient funds to retire) surprising at all. I am willing to bet the vast majority of the 26 million plus "millionaires" in America are millionaires because of basically one single asset: their home. Indeed, I would go further to say a substantial majority of...

We have a 2022 BMW X5 45e, which is a BMW PHEV. It is absolutely wonderful. Has a range of approximately 40 miles all electric. Can pretty much do all we need around town as an EV, but when we want to take a trip we have an ICE and thus no range anxiety. Actually drove it cross country and it...

Don’t know that I would be buying at these levels given safer alternatives. That said, the likelihood of the FED allowing another Lehman Brothers moment is about zero… though I suppose NOT zero.

You’re not alone…

Without knowing any of the specifics of where your home is located I would make the following observation: the simple fact that you looked into flood insurance suggests it is not out of the realm of possibility to your mind. That suggests you should purchase Flood Insurance.

And, unless I’m mistaken, for those of us still deferring our start date for SS we get an additional 8% on top of this increase. Whoa…

Sadly a "crisis" is usually the catalyst to force the change in a situation like yours. Don’t ask me how I know…