Search found 17 matches

by 21&lewis
Sun Jul 15, 2018 8:40 am
Forum: Investing - Help with Personal Investments
Topic: Need to generate income
Replies: 27
Views: 2790

Re: Need to generate income

Does your social security cover all of your needs? If not, what additional amount of $ is required to meet this threshold? You might consider a SPIA for this needed amount and invest the rest based on your risk tolerance. Do you have a budget or a sense that more is coming in than going out? I am co...
by 21&lewis
Thu Jul 12, 2018 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: When can I retire? Where to go from here?
Replies: 19
Views: 4008

Re: When can I retire? Where to go from here?

Respectfully, a $3.5M net worth without debt at your current salaries suggests some "outside" help. I know you commented on well paying jobs that weren't sustainable, but honestly, at your age, I don't know many folks who would transition to a HH income of ~$140K and have your net worth without some...
by 21&lewis
Thu Jul 12, 2018 8:12 pm
Forum: Personal Consumer Issues
Topic: Costco Membership
Replies: 54
Views: 7243

Re: Costco Membership

Costco is great IF they're nearby. If you have to drive out of your way, membership may or may not be worth it (I'm not much for the inconvenience of driving anywhere out of the way). We love it, but go on weeknights or "odd" hours (eg; not primetime weekends). Outside of glasses, they have a lot of...
by 21&lewis
Thu Jul 12, 2018 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Mid-to-Long-Term Savings Advice
Replies: 3
Views: 484

Re: Mid-to-Long-Term Savings Advice

Congrats on saving 20% of your pre-tax salary @ 38. Continue that until retirement, and the rest may be "gravy". You have 3 buckets outside your retirement savings and e-fund: travel, auto, and general savings. As I read this, all are overflowing. This is a good problem. I would not favor viewing th...
by 21&lewis
Thu Jul 12, 2018 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Mid-to-Long-Term Savings Advice
Replies: 3
Views: 484

Re: Mid-to-Long-Term Savings Advice

I haven't looked at your older posts. What are your savings for retirement? Mid to (especially) long term savings should be geared toward retirement if they don't have a specific other purpose.
by 21&lewis
Thu Mar 22, 2018 4:37 pm
Forum: Investing - Theory, News & General
Topic: I’m looking for a word...
Replies: 114
Views: 10904

Re: I’m looking for a word...

Scrumtrulescent
by 21&lewis
Tue Mar 13, 2018 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Can I Retire??
Replies: 16
Views: 3234

Re: Can I Retire??

Hard to tell unless we know your anticipated expenses in retirement
by 21&lewis
Sat Mar 10, 2018 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Stay in federal employment vs leave for private practice
Replies: 30
Views: 3028

Re: Stay in federal employment vs leave for private practice

Fellow MD here. I split my time between the VA and an academic institution. On the academic side, we are collection/production based, so it does have a little more of a private practice feel. If it were me, I would stay put at your current job for a couple reasons: 1. You like your current job and t...
by 21&lewis
Wed Feb 28, 2018 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: First timer...request portfolio review
Replies: 4
Views: 933

Re: First timer...request portfolio review

Thanks gostars I've thought about using the G fund in TSP for my total bond allocation as well. I wasn't sure if it was worth the effort to slice and dice to do this, but it may be. It was surprising to see the fees paid to the "good guy" on the American Funds ER in the backdoor Roth. I've (admitted...
by 21&lewis
Tue Feb 27, 2018 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: First timer...request portfolio review
Replies: 4
Views: 933

Re: First timer...request portfolio review

Thanks Duckie for the reply. It looks like my current selections are appropriate in the Fidelity 401k. Your comment regarding a lack of bonds in the American Funds backdoor Roth are well taken. I will switch all to a Target 2045. As I look at the total portfolio, I've had a fair amount in cash on th...
by 21&lewis
Tue Feb 27, 2018 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: First timer...request portfolio review
Replies: 4
Views: 933

First timer...request portfolio review

To the knowledgeable members of this forum, thanks for all you do. I have enjoyed all I have learned from this site and WCI and know there's a whole lot more to learn. Thank you for taking the time to review my portfolio and provide advice. My employment is somewhat complicated, as I split my time (...
by 21&lewis
Fri Jun 09, 2017 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio initial setup help
Replies: 6
Views: 1116

Re: Portfolio initial setup help

Bolderboy hit the nail on the head...with a boulder Lack of an emergency fund is the most likely deficiency to derail your current portfolio plans. I'm too lazy to do the calculations, but you list $400 and then 19.8% cash as representative of your portfolio. Not sure if you meant you have $400 in t...
by 21&lewis
Fri Jun 02, 2017 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking input--retirement plan
Replies: 13
Views: 1530

Re: Seeking input--retirement plan

Your numbers look great! Couple points for clarification: -Please share your current/desired AA. -Are you planning to pay for the kids college? If so, is that $ in a different account not listed, or are you cash flowing it? If so, how does this affect your savings plans for those years? -You shared ...
by 21&lewis
Fri Jun 02, 2017 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Help: Need advise on my situation with Student Loan
Replies: 8
Views: 1214

Re: Help: Need advise on my situation with Student Loan

You need to check out WCI (whitecoat investor). He has some vetted loan consolidation companies on his site and several posts regarding refi. I'm fairly certain you can get a better rate than 7+% Live like a resident for a few more years, and you'll knock it out of the park! One other piece of advic...
by 21&lewis
Sat Apr 22, 2017 3:58 pm
Forum: Personal Consumer Issues
Topic: Recommendation for Adults-only All-Inclusive resort/hotel?
Replies: 21
Views: 4593

Re: Recommendation for Adults-only All-Inclusive resort/hotel?

One of our best all-inclusive experiences was in Antigua. We much prefer the smaller/more intimate resorts rather than the "Vegas on the beach" mega-resorts. IMO it's easier to unwind and unplug, but to each their own. We LOVED http://www.cocobayresort.com. It's a tad bit more than the $400 you indi...
by 21&lewis
Sat Apr 22, 2017 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Fed and newbie boglehead seeking portfolio advice
Replies: 17
Views: 2048

Re: Fed and newbie boglehead seeking portfolio advice

OP, How are you planning to retire as a fed (FERS) @ 50? Are you under a special provision (e.g.; law enforcement, firefighter, etc)? Otherwise, based on your age, your MRA should be age 57, and you would receive a reduction in pension for taking early and no COLA until age 62. The only other way I ...
by 21&lewis
Sun Nov 06, 2016 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Fed: Retire or transfer?
Replies: 5
Views: 1380

Re: Fed: Retire or transfer?

From opm.gov: "Eligibility for Health Benefits After Retirement Requirements You are eligible to continue health benefits coverage, upon retirement, if you meet all of the following requirements: you are entitled to retire on an immediate annuity under a retirement system for civilian employees (inc...