Search found 10 matches

by Cincyguy63
Sat Jan 27, 2018 10:34 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 325
Views: 34885

Re: Can I be a member of the two comma club?

... The exception would be folks on HCOL real estate run-up regions like CA. If you claim two comma but 90% of your worth is in your property, there is a strong chance your membership could be pulled due to such a lack of investment diversity (local real estate) if the market turns. Congrats! Might...
by Cincyguy63
Thu Jan 25, 2018 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone want to share their monthly budget? Here's ours
Replies: 20
Views: 3184

Re: Anyone want to share their monthly budget? Here's ours

Family 5 (2 college 1 HS) Me: 54 DW: 49 Gross Annual: $475-600k Post Tax Investments: 2M Pre-Tax 980k Home -Valued at 550k Outstanding mortgage: 87k 2 Car Leases: 1,490 Insurance 396 Gas 229 Registration 50 Service 50 Cable 161 Phone/Cell 225 Electric 284 Garbage 1,580 Water 130 Movies 50 Newspaper...
by Cincyguy63
Thu Jan 25, 2018 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone want to share their monthly budget? Here's ours
Replies: 20
Views: 3184

Re: Anyone want to share their monthly budget? Here's ours

Family 5 (2 college 1 HS) Me: 54 DW: 49 Gross Annual: $475-600k Post Tax Investments: 2M Pre-Tax 980k Home -Valued at 550k Outstanding mortgage: 87k 2 Car Leases: 1,490 Insurance 396 Gas 229 Registration 50 Service 50 Cable 161 Phone/Cell 225 Electric 284 Garbage 1,580 Water 130 Movies 50 Newspaper/...
by Cincyguy63
Mon Jan 22, 2018 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Greetings from the Midwest
Replies: 7
Views: 1157

Re: Greetings from the Midwest

Thank you neighbor! Norwood is close by! I wanted to amend to my last post. I look at retirement or FI as a point by which your nest egg generates a sustainable amount of money to cover your Needs, Wants and Desires. I've been tracking current expenses with Mint over the course of the past 18 months...
by Cincyguy63
Sat Jan 20, 2018 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Greetings from the Midwest
Replies: 7
Views: 1157

Re: Greetings from the Midwest

Thank you!
by Cincyguy63
Sat Jan 20, 2018 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Greetings from the Midwest
Replies: 7
Views: 1157

Greetings from the Midwest

I've enjoyed lurking on this site and decided it was time to introduce myself. I'm in a 54 year old professional working for a MegaCorp Tech company. My DW is a part time Nurse and I have 3 boys (ages: 21 -Jr. College, 19 Frosh College and a 16 year Sophomore HS). I've been a big fan of Dave Ramsey ...
by Cincyguy63
Thu Sep 28, 2017 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Question About Long Term Care
Replies: 75
Views: 7538

Question About Long Term Care

Should I invest in a Long Term Care Insurance product? As I look at my overall portfolio and what I am projecting once retired, I am questioning if I should take out a LTC Insurance or consider cash flowing the possibility of the future expense. I've not investigated the products in depth but could ...
by Cincyguy63
Wed Sep 27, 2017 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Plan and accounting for inflation
Replies: 16
Views: 2076

Re: Retirement Plan and accounting for inflation

To amend my last post for accuracies when I referred to "Autonomous Cars/ Ride Sharing" I failed to add that many of the current Car OEM's have target dates to replace their diesel and combustable engines with all electric models. So not only will there be self driving cars/ trucks/ buses etc but th...
by Cincyguy63
Wed Sep 27, 2017 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Plan and accounting for inflation
Replies: 16
Views: 2076

Re: Retirement Plan and accounting for inflation

Thanks everyone.. Great stuff..My story - 53 wife is 49. Today we have 1.4M Investment 800k retirement accounts. 115k 529 (2 boys public in-state schools -Frosh/ Junnior and 1 Sophomore hs.). 500k house w/ 75k mortgage cars paid off next year. Plan is to work until 59 w/ projected portfolio 3.0-3.4M...
by Cincyguy63
Tue Sep 26, 2017 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Plan and accounting for inflation
Replies: 16
Views: 2076

Retirement Plan and accounting for inflation

Hello Boglehead! This is my first post. I recently had a financial plan run by my UBS team. When I received the plan I noticed that they increased my annual payout every year by 2.24% which happened to be the variable they use for inflation. Over the course of my 30 year plan having this increase pe...