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Re: Question About Long Term Disability Insurance

You don't say what your premium is and of course that'll tie to your benefit amount which probably connects to your income... but I'll share this. I pay a few hundred bucks a year (for years I think it was around $200 or so) for a policy from my industry group, the AICPA, that paid/pays $3000 or $4...
by caffeinefree
Thu Sep 19, 2013 12:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: Question About Long Term Disability Insurance
Replies: 5
Views: 546

Question About Long Term Disability Insurance

If you don't want to read through everything I've written, my question really boils down to whether anyone knows if Northwestern Mutual is a reputable provider of long term disability insurance (LTDI). The full story is that I met with a financial adviser from Northwestern Mutual last month to see ...
by caffeinefree
Thu Sep 19, 2013 7:26 am
 
Forum: Personal Finance (Not Investing)
Topic: Question About Long Term Disability Insurance
Replies: 5
Views: 546

Re: Am I on track for early retirement?

I actually don't think we disagree at all. Your number is your number. And reguardless of the differences in our respective numbers, the point remains the same. Enjoy what you do, while you work towards making progress on your number. The information you had shared up until the last post indicated ...
by caffeinefree
Sun Mar 24, 2013 10:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: Am I on track for early retirement?
Replies: 25
Views: 3111

Re: Am I on track for early retirement?

A teaching moment! I am very interested in why you think a realistic view of finances equates to any position on life? My grandfather always said "do what you love and you'll never work a day in your life." I don't know if I will ever retire. I enjoy my job that much. I also dont know if ...
by caffeinefree
Sun Mar 24, 2013 12:34 pm
 
Forum: Investing - Help with Personal Investments
Topic: Am I on track for early retirement?
Replies: 25
Views: 3111

Re: Am I on track for early retirement?

Even with a 50/50 portfolio you are looking at a standard deviation of 9-10%. So the annualized picture gets even more dubious as you account for the order of your returns. You lose a lot of social security benefits. You will have to pay a lot for health care from 45 till medicare age. Frankly, I t...
by caffeinefree
Sun Mar 24, 2013 11:03 am
 
Forum: Investing - Help with Personal Investments
Topic: Am I on track for early retirement?
Replies: 25
Views: 3111

Re: Am I on track for early retirement?

I just want to clarify a couple of terms and make sure you understand the "penalty-free disbursement" part. After separating from a company, you can "rollover" a traditional 401(k) to a traditional IRA; depending on the 401(k) plan, you might be able to rollover just a portion, ...
by caffeinefree
Sat Mar 23, 2013 9:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: Am I on track for early retirement?
Replies: 25
Views: 3111

Re: Am I on track for early retirement?

You can check out the post above to see how much you might have in 18 years. It is probably not enough even under optimistic real return scenarios. You should be thinking 2% withdrawal as a margin of safety. Check out http://www.firecalc.com/ 2%, really? Pretty much any literature I've read on the ...
by caffeinefree
Sat Mar 23, 2013 8:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: Am I on track for early retirement?
Replies: 25
Views: 3111

Re: Am I on track for early retirement?

What I'm trying to say is that supposing you make only Traditional 401(k) contributions during your working life, you'll eventually roll all of this over to a Traditional IRA. Once you transition into a low/no-income phase, you can then convert a portion of your Traditional IRA balance each year fr...
by caffeinefree
Sat Mar 23, 2013 7:54 pm
 
Forum: Investing - Help with Personal Investments
Topic: Am I on track for early retirement?
Replies: 25
Views: 3111

Re: Am I on track for early retirement?

How much do you spend? With frivolous spending on vacations and such, I'm living off about $35k/year right now. Do you plan to have kids? That is up in the air right now. My SO wants kids, so I imagine we'll end up having at least one eventually, but that would be several years down the line. We ha...
by caffeinefree
Sat Mar 23, 2013 2:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: Am I on track for early retirement?
Replies: 25
Views: 3111

Am I on track for early retirement?

I am trying to get a handle on my retirement investment. I would like to retire or semi-retire early (~45 years old), and I want to do a portfolio check and make sure that I am on track to meet my goals. Emergency Funds: Six months of expenses Debt: $163k mortgage @ 4.0% (29 years left) Tax Filing S...
by caffeinefree
Sat Mar 23, 2013 2:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Am I on track for early retirement?
Replies: 25
Views: 3111

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