Search results

I think you need to call your provider and ask if your employer and plan allow you to access the 55 rule. Not all plans and employers will allow it. I just went through this. I retired last August. My provider, Fidelity and my employer (big oil) both allowed me to utilize the "55 Rule". I have a...

Thanks for this information. I thought it would pencil out to start taking SS at 62 rather than 67. It would be interesting to see what taking SS at an age over 62 would do to your existing savings. My wife and I are 56 and both retired. My wife is on SSDI and getting more than 1/2 what my SS...

I have had this same situation a few times with my older brother. He is simply the laziest person I know. I ALWAYS take the paperwork to his home, explain what is going on with it, then make him sign it in front of me or take him to a notary. Otherwise nothing gets done.

I feel great about the retirement we have been able to save. Having raised 3 children and put them all through college and still able to retire early. My wife was 53 and I just retired 3 months ago at 56. We are no where near my SS lifetime earnings ~2.6M, My wife's was probable ~600 thousand...

Yea it seems crazy. We work our a--es off for 30 - 40 years to get to retirement and our wives are not content just allowing us to decide what we want to do at least for awhile. I am in the same boat. I just retired and my wife asks me everyday what I am going to do. My EXTERNAL answer is I...

Thanks I really appreciate your input. We do have an attorney group in my area that seems to only deal with these issues and the prices range from $250 to $2500 depending what I need done. We only have our home we bought 20+ years ago, our 401k and IRA's, and typical family assets. So it should...

I haven't updated my will ever. When I was in my mid to late 20's we decided to have a will drawn up with a local attorney. Well that was 30+ years ago and we now have assets our 3 children will want to protect should either one of us or both of us die. My question is: Should I buy software and...

Very interesting topic. Thanks for all the comments. I am retiring on September 1st and my wife and I are 56. We are really looking forward to retirement. I let our money in our IRA's and 401k ride in February. I was contemplating moving them into a money market fund or bond fund but decided...

I am retiring 9/1/2020. Well kind of retiring, my wife and I own a small business and will be working 5 to 10 hours a week in the business.

They're closed of course because of the virus. Companies are already affected. My small business owner friend has an event on 2/22. He ordered his shirts from China, now because of the work stoppage he will not be able to get his shirts on time. The company that makes the shirts are not letting...

Final graveyard shifts Working the last 4 graveyard shifts EVER... Finally retirement is VERY NEAR.

If you go to the chinese website they show 19,544 awaiting tests, 14,411 confirmed cases, 304 deaths, 328 cures (or what we would call recover) since there is no cure yet. https://ncov.dxy.cn/ncovh5/view/pneumonia?scene=2&clicktime=1579582238&enterid=1579582238&from=singlemessage&isappinstalled=0

Wow those videos were amazing. I am s glad I don't work there anymore....

Here is a link to a Chinese real time update with the cases they have so far. It looks like it has passed the amount of SARS patients in about 1 month... link

Agree 100% I think the numbers reported are way lower then reality. The steps China has taken to lock down cities and build infrastructure to handle the sick is proof positive it is worse than they lead us to believe. I have been to China many times and have a lot of friends there. Their way...

I think the Chinese government is 'more than likely' not being completely honest about the figures pertaining to how many people are sick. However the hospitals are overran with sick people that have not been confirmed, some of the sick people come back day after day hoping to get admitted into...

The Chinese government is taking this very seriously, as we should. The amounts of people infected is much larger than has been reported according to a couple of my Chinese friends in Hong Kong. Since it can take up to two weeks to show any symptoms it is more than likely all around the world by...

Having been to China many times and traveled throughout China. I think China is trying to downplay the virus. I think given the lock down in the area of the virus origination the fact they are building hospitals in a week and a half in the province. This virus started out in a seafood outdoor...

Portugal is an amazing country. Porto was my favorite place to visit, lot's of history on both sides of the river.

Arriving at work and knowing I will have 10 shifts left to work until I retire from this company...

Frugality This is a great article, but!!! Having grown up with 3 brothers in a lower middle class family, in Alaska, in a trailer... I have always been very frugal and worried if I have enough money to survive to age 90 and give my 3 kids some kind of nest egg so they don't have to work as hard...

Self Made I grew up in a trailer in Alaska with 3 brothers and very young parents. My twin and I are the youngest, mom was 20 and dad was 23 when my twin and I were born. They both worked full time jobs in order to barely make ends meet. We were not poor but on the lower end of middle class...

I vote for "Hookers and Blow"

My goals for retirement are to travel a lot. My youngest child lives in Europe and he is married. My wife has been able to visit him twice, I have not since I work a lot. I want to travel around Germany and Austria with him and his spouse. They can be our tour guides and interpreters. I would...

Budget I ran a budget last year by looking at all monthly expenses including medical expenses, travel, savings for oh shits, etc. My budget is $4000 a month at the low end and $5000 preferably. So it looks good. Personally if I had 300,000 more in my savings it would be perfect. This is one of...