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IRA/401K are 100% income producing (primarily bond funds). Because most of our savings are in after-tax accounts, we still have fixed income investments in taxable accounts (to get to our target asset allocation). Of course, the stock funds also throw off dividends. If I take ~$400K of those...

Thanks for the replies. Where I live, there is only one ACA insurer, and the second lowest cost silver plan is very expensive, so the subsidy to get that down to 9.5 (or whatever) percent of income completely covers the premium for a Bronze Plan. I should have been clearer. The majority of my...

I know a lot of people here try to control their income for ACA subsidy purposes. Here is my situation: Wife and I both retired - no W-2 income. One dependent at home for another 5 years. Last year's MAGI was $95000,so based on that, I would not qualify for any ACA subsidy. If I could...

Well, it's been a while since I last posted in this thread, but as of today,I am officially FIREd. Took a few months longer than I thought to pull the plug. I'd be lying if I said I wasn't a bit nervous, but I'm glad to be starting on the journey.

I've been going through this with my son - he's a senior in high school and wants to be an engineer. He applied to a couple on in-state schools (tuition, room, board ~$23K/yr) but also wanted to apply to one out-of-state school (tuition, room, board ~$48K/yr). We let him apply, but he...

Company asked me to consider working from home part time, still get medical benefits, with the ability to take up to 10 weeks off per year (w/o pay) to do the travel, etc that me and DW want to do. Told them DW and I would think about it over the weekend. It's a big decision and figured I...

Well, after running more calcs over the last month and stewing on the (always present) uncertainties around health insurance, we've decided to take the plunge. I'm letting my employer know tomorrow, assuming I don't chicken out. I haven't been this nervous in a long, long time. My heart says...

In 2008, after 19 years with MegaCorp #1, I was called to HR and informed that my services were no longer needed. I had somewhat seen it coming, but it was still a shock nonetheless. We had saved about $1.5MM at the time, and I figured I'd just get another j*b. Then the HR guy went through...

To compare with your compounding example, in FIRECalc, you should change your portfolio to one that has a constant 8% growth rate (the third choice on the page) for both fixed and market growth. Set inflation = 0 and set your investment fees to zero. If you then rerun it, you'll get a future...

I've made some bad investing decisions over the years, but getting into Texas Tomorrow was not one of them. Cost me about $11K per kid for 128 hours of college, but the benefits will be ~$50K per kid over the 4 years of college. And with zero risk. Like you, I feel lucky I got in when I did...

I'm 56, DW is 53 and we have 2 kids, one a junior in college and the other a senior in HS (who will go to college). Over the past year or so, I've found myself increasingly tired of life at MegaCorp - maybe as I've aged, I've noticed more and more that the BS percentage of my work time is way...