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    Capital gains question

    I was condsidering selling my primary residence that will generate about 500k in profit, and as I'm married, I thought I would not have any capital gains liabilities, but I think that may not be case as my income is also included in the calculation correct? (My income is around 200K for the...
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    Wish you had done it sooner? Yes or No?

    One common thing I continue to read, is that many early retiree's wish they had pulled the plug earlier...Not necessarily having regrets, but knowing what they know now, wished they had just made the decision earlier? So, you guys would be the best to ask and poll this...Yes, or No? and why?
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    Small things on your bucket list post FIRE

    I'm going to retire in May of this year and my mind continues to think of small almost illogical things I'm overly excited to do when the day finally arrives. 1, Book a one-way flight and return at my leisure when I'm ready...I traveled a lot for work and always had to cut trips or vacations...
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    Sleep after FIRE

    I noticed during my last extended break of work (10 days), that I slept better without waking up in the night and actual slept in later...I also felt more well rested. I know we have a biological clock that is wired to our normal habits, and it may take a few weeks to change after stopping, but...
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    Capital Gains question

    This is an odd yet basic question, but I truly cannot get an clarified answer anywhere online... Would you still need to pay capital gains on a large sale of an asset if you had not other income and were not in the capital gains tax brackets? In other wrods, does the sale of that asset by...
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    Active vs Busy during your retirement?

    I heard a great quote about retirment which was " To stay active, but not busy" I think it sums up exactly how I want to live each day after I FIRE later this year. I have heard it's better to have a loose schedule, possibly daily or weekly with interests and hobbies, but without too many (or...
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    As decison day gets closer, nerves are creeping in

    So I have been happily planning my FIRE for several years and actually listed the specific date 5 years ago...I found myself getting excited as each milestone passed, especially last year, as I had less than a year to go etc... But lately, as I get within 3-4 months of actually handing in my...
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    401K consolidation question

    I realize this may be just a personal preference, but is there a preferred investment company to consolidate 401k's? Currently I have it split between 2 employer plans (Fidleity and Mass Mutual)...Both are ok, but have limited Fund options. Anyone else have any recommendations or has already...
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    Care Act 401k hardship withdrawal

    Ok, I was originally planning to retire early late next year utilizing a a 5 year SEPP plan withdrawal until I would hit closer to 59.5/Rental income and my SS at 62. The SEPP was needed basically as a (5) year bridge, however the mid-term rate which benchmarks and establishes the SEPP payments...
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    Is the standard deduction included in MAGI calculation

    Quick question ;D I know MAGI is loosely based on the AGI but is the standardized deduction (12K SF & 24k per couple MFJ) carried over and factored in to the MAGI income calculation? If not, can rental deductions be included? (not losses, as I know they cannot) just deductions? Thanks!
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    What would you do?

    Nice to find like minded people on this forum :greetings10:...After giving out FI advice for the last 10 or so years, I'd love some feedback from the board on my situation, as I'm sure there are things I may not be thinking of. 51 Years old---want to retire next year...will live 1/2 year in US...
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