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That sounds like a very reasonably safe plan. I have a 5 year bond ladder (half treasuries/ TIPS, half corporates) that covers all planned spending and years 5 to 10 ladder of mostly TIPS that would cover austerity spending. I also have some bond funds that I plan to use for rebalancing into...

Turned out to be a minor mistake. Certainly would have been better off selling the one quarter at a time instead of the full years expenses. C’est la vie

Other than dividends, how should a company return capital? I like dividends better than stock buy backs. Dividends are steady or if not draw a good amount of attention. Buybacks are timed randomly. Are they buying back when you would be buying more? Also, I’m still not convinced that buybacks...

I swore when I turned 55 and every time I’ve done so since to never climb on the roof again.

I gave DD the money and filled out the tax form. I have no idea why some say this is a difficult thing to do. Could be an issue if I win the Power Ball and leave a taxable estate later though. Pleasantly surprised that she has given me about what the mortgage would have been every month since...

Zigged and Zagged may have been the wrong terms, but 08 and ‘20 when equites tanked treasuries did okay and that is what I’m hoping FUAMX does in the future. Bond suck return wise just like spinach, broccoli, and green beans suck taste wise

IEF -Intermediate treasury fund- zigged when S&P zagged in most cases. I still have an intermediate treasury fund that I’m planning to use for rebalancing purposes. Bonds may suck compared to equities on returns but they do buy sleep at night and keep me from doing stupid things.

Your non-discretionary food budget should be $180 per person a year. That’s 25 lbs of rice and 5 lbs of beans each month at 50 cents a pound each. Anything else is just extravagance! Discretionary or not is always hard to categorize. In my case had a new Camry level of car budgeted every 5...

I started with a fairly lean fire. Five years in the portfolio was up substantially so I gave myself a raise. Then Covid and some health issues hit and I didn’t spend that raise so at ten years in I had an even bigger stash so I’m giving myself another raise. I’m gifting more to my daughters...

I’m sure it will improve. I’m also sure it will be used to push more time and aggravation to the customer.

NY would be about $800 for a couple withdrawing $60k from and IRA/pesion/etc. plus $0 on any SS

Someone once said: Buy stocks to get rich; Buy bonds to stay rich.

On the plus side I bought a boneless pork shoulder for $1.98 a lb at Aldi. Same price as 2019. How much bleach are you folks using? I buy a quart once a year. Will I ever recover? May have to go back to work!

On the impressive side- We moved the phone to the new company and not one human other than the customer interacted with the process. So the back end automation worked very well. That was my reason to go to w*rk every day.

I sort of started out with a bucket approach. It’s a matter of perspective. I have up to 6 months of cash then there’s bonds maturing every six months or so. So I have a 3 year bond 2 year bond and 8 year bond coming due this year. Count it as a cash like bucket? Doesn’t really matter. I...

I’ve played with a few AI pictures generators and search assistants but finally saw one in the wild. Moved a phone to V’s’ble cellular this week and it didn’t work. Going through the app we found the trouble shooting chat bot that Visible calls ConnAI and claims to be AI. It was more a phone...

NoNoNo! You’ll ruin the curve for the rest of us!

Bengen bumped his SAFEMAX after rerunning with some small cap exposure and he had slightly better results than Trinity due to using Treasuries instead of corporates. Wonder if anyone has attempted a similar study swapping TIPS in for the FI? Wonder if the 1966 retiree would have made it...

I agree but I’ve done a few solo trips just me and the dog. Sometimes it was lonelier than staying home alone but for the most part it’s enjoyable.

I vaguely remember my finance professor running through the math and showing how 30 stocks could represent the whole market with a 95%+ confidence.

I suggest calling your county clerk and/or Surrogates Court. My county sent me both very detailed instructions on what must be done plus a helpful list of things to consider. Sorry for your loss.

Haven’t pulled up the spreadsheet in years. I used 3% back when I put it together in 2012. I think it will be higher over the next decade due to reshoreing and financing wars on credit.

I still have a fair amount of bonds bought in 2020 and 2021 maturing this year and a bit next year. Been happily buying 5 and 10 year TIPS this last year. Comforting to know I have my spending covered till 2034.

To be fair, that wasn’t just Lynch. That was the prevailing advice at the time. Bengen was the first to do the research debunking the common advice.

Holy Cow. I’ve heard of Ramsey video but this is all I’ve seen of it. Calling Bengen a moron nerd that never did anything. Unbelievable.