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  1. J

    Gout Anyone?

    Finally able to walk out of the house into the sunshine today. Ankle and toe still swollen. Discovered I can live on one cup fruit, one cup vegetables, two pancakes and 18 glasses of water every day. Maybe its my new diet plan. The last night was very painful until I dug into my migraine...
  2. J

    Gout Anyone?

    Thanks for all the support. Last night it moved from big toe to ankle. less pain but can barely stand up. Still drinking water.
  3. J

    Gout Anyone?

    Just had a flare up after eating in a muslim style restaurant here in China. First time it was from hotpot. Four days of painful knee and toe. It moves from left side to right side. Drinking copious amounts of water with occasional aspirin. Anyone got tips on how to manage this?
  4. J

    Relative Needs Money - What Would You Do?

    No good deed goes unpunished. Especially when it comes to lending money to family. I agree with some earlier advice. If you feel you have extra, just give it. If a family member really can, they will give it back, just don't expect it. You might find another more deserving family member...
  5. J

    Net worth 30-40 year olds

    Actually, I agree that it's a good idea to do a sanity check to see if your idea of high, medium or low is comparable to others. However, sometimes you are the only sane one in the crowd. I like this forum as it seems people have put more thought into what's needed to plan and execute a...
  6. J

    Net worth 30-40 year olds

    How do you measure success? The shortest man says I'm taller than I need to be. The tallest man says I'm the tallest. The middle man says I'm tall enough to see over the dashboard but still don't bang my head on the roof.
  7. J

    Net worth 30-40 year olds

    On a side note, I just had a visit from my Sister in law and her husband, who are teachers, in their late 50's and about to retire. They have 100,000 in retirement savings but have combined pensions of about 90,000/year when they retire 2 years from now. So basically they have to live on about...
  8. J

    Net worth 30-40 year olds

    Best I can reckon, at 35 I had about $100K, had been laid off. Then I got married and moved to Maine to start a new job. At 40 we had $1,300,000 NW. (324,000 in Retirement accounts, 400,000 in Real Estate). Moved to China, started our own business. At 48, my wife and I have NW ~ $2,000,000...
  9. J

    Dad are we rich?

    When I said to my daughter "we are richer than many of the people in the world, but we are not filthy rich", my wife replied, as if on cue, "What's filthy rich?" where I added "we are not rich enough to waste our money."
  10. J

    Roth Conversion vs Capital Gains Harvesting

    So it may benefit to convert at the higher rate now if the result is ensuring that tax bracket in the future is lowered below the 25% rate. Hmm also the current tax reform agenda seems to be lowering corporate and upper range taxes while possibly adding to the middle class by removing credits...
  11. J

    Dad are we rich?

    Interesting. My daughter has this on her mind a lot and has recently gotten serious about not wasting money. I think it is because living in China, we rent in an extremely high income area so she goes to the best school. Our neighbors are excessively rich, modest apartments sell for >$1M here...
  12. J

    Roth Conversion vs Capital Gains Harvesting

    Hi all, looking for help. Situation: Married with Joint taxable savings about 700K (Long Term Gains 267K) One child under 13 About 33K in Dividends annually. My IRA total 406K Wife IRA total 443K Both stopped working before age 45 Expected SS of 1900/mo each starting age 67 (based on SSA.gov...
  13. J

    Need Alternate RMD strategy

    Could this be avoided by converting IRA to ROTH earlier? I am in a situation where my taxable income is zero for the next few years and have been harvesting stock gains to avoid paying taxes later. Is there a hidden cost to the IRA level that might push me to start an IRA to ROTH ladder...
  14. J

    Taxes from Roth conversion proceeds

    Posting to Follow. Need to learn more about this ROTH Ladder.
  15. J

    Retired in my Mind

    Welcome to my mind: In 2009 shortly after my daughter was born, and having moved to Hangzhou, China, and getting my wife to quit her 6 figure job, I left my 6 figure management career, taking a generous severance package, and retired. Or so I thought. Live well in China, raise my daughter...
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