Search found 110 matches

by ad2007
Sat May 18, 2019 6:33 am
Forum: Personal Finance (Not Investing)
Topic: Aiming to Retire End of 2019 - Abit Scared
Replies: 45
Views: 5745

Re: Aiming to Retire End of 2019 - Abit Scared

Firecalc is great, I also use this one: https://engaging-data.com/will-money-last-retire-early/?spend=100000&initsav=2500000&age=55&yrs=45&stockpct=60&bondpct=38&cashpct=2&sex=1&infl=1&taxrate=0&fees=0.02&income=0&incstart=70&incend=100&expense=0&expstart=50&expend=70&showdeath=1&showlow=1&show2x=1&...
by ad2007
Thu May 16, 2019 12:59 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1098
Views: 153613

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

...you have to make a decision that you like the CRV well enough to take a chance that you can live with it. We've always heard great things about Honda in general. And I had a couple of S2000s, and they were awesome cars. Even modded, they were indestructible. I kinda want the new NSX myself. Very...
by ad2007
Thu May 16, 2019 12:45 pm
Forum: Personal Consumer Issues
Topic: Honda CRV or Toyota RAV4 ?
Replies: 82
Views: 6884

Re: Honda CRV or Toyota RAV4 ?

We're also in the market for a similar car for our daughter who's in high school. We're ruled out the CRV because of the oil dilution thing. The RAV 4 is not on the radar, we might have to check it out. My thought is the VW golf/gti/tiguan might fit the bill because of the 6yr 72K mi warranty. She'l...
by ad2007
Thu May 16, 2019 3:50 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1098
Views: 153613

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

CULater, Thanks for the heads up on the CRV. We want to get a 2019 CRV EX for our daughter, but came across this thread. Not sure if we should proceed. If we do, should/can we try to get anything in writing specific to the oil dilution from the dealer? They have a lifetime warranty at the dealership...
by ad2007
Wed May 15, 2019 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: I accidentally retired, and need tax advice
Replies: 48
Views: 6278

Re: I accidentally retired, and need tax advice

Have you plug in your moving forward numbers into a tax calculator? H&R Block and Intuit free tax calculator are pretty good. Gives you a ball park or your tax liability. Doesn't sound like you'll pay that much taxes on your qualified div and rental income (assuming you're still have depreciation on...
by ad2007
Wed May 15, 2019 7:07 am
Forum: Investing - Theory, News & General
Topic: Dividends almost Doubled between 2013 and now
Replies: 96
Views: 7350

Re: Dividends almost Doubled between 2013 and now

Riprap wrote:
Tue May 14, 2019 9:39 pm
Shsssh! Don't tell anyone. Besides, being a fan a dividends here is heresy.
Even qualified div payments are all taxed at 23.8% for me. I'd rather not get div but there's nothing I can do about it, being invested in index funds.
by ad2007
Mon May 13, 2019 1:47 pm
Forum: Personal Investments
Topic: Does your retirement plan work if stocks are flat or in decline for decades?
Replies: 180
Views: 10472

Re: Does your retirement plan work if stocks are flat or in decline for decades?

ONE MORE YEAR ONE MORE YEAR {everyone now} ONE MORE YEAR!!! If you never quite working, you never have to worry about retirement. Problem solved. This really isn't a factor on if I work any longer or not. I am just trying to understand the comment frequently made on this forum when someone makes th...
by ad2007
Mon May 13, 2019 5:49 am
Forum: Personal Consumer Issues
Topic: Anyone else decided not to finish med school?
Replies: 76
Views: 23467

Re: Anyone else decided not to finish med school?

I’m really struggling moving on. How did you go about pushing past that and finding happiness? That's the problem with quitting. Having played a lot of sports growing up, NEVER QUIT has been ingrained so deeply in me that the fear of quitting is greater than the unknown of moving forward. You'll he...
by ad2007
Tue May 07, 2019 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Walk away from my auto lease?
Replies: 154
Views: 7681

Re: Walk away from my auto lease?

The service guy at the dealership said he could reuse the original transmission but that it would be dangerous. I don't know how that would interact with the terms of the lease. You can't simply reuse an "exploded" transmission. What's wrong with it that they are recommending a new transmission? So...
by ad2007
Tue May 07, 2019 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Walk away from my auto lease?
Replies: 154
Views: 7681

Re: Walk away from my auto lease?

It's a manual and I can't guarantee that I drive it perfectly but I don't do high RPM launches or anything like that. $5,000 is for replacing the entire transmission which exploded. I don't know if it's related to the smoked clutch but I think they think so. What did the dealer say exactly is wrong...
by ad2007
Sat May 04, 2019 6:01 am
Forum: Personal Consumer Issues
Topic: What kind of Replacement A/C would you get ??
Replies: 59
Views: 6005

Re: What kind of Replacement A/C would you get ??

Can you give us more details so we can better answer? Starter questions... Size of house? = 2300 sq ft Where in the country do you live? =Orlando Heating situation? = 1 month a year. Do you have hot spots in your house? = Master Bedroom is warmer than rest of the house What is your normal monthly b...
by ad2007
Tue Apr 23, 2019 3:34 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 785
Views: 77723

Re: That's enough for me in 2019

if folks here are actually as rich as all that, I would expect to see much less discussion of safe withdrawal rates. I am not sure I follow why that would be the case. Doesn't that depend on expenses? Sure, someone with $5M, and spending $50k/yr probably does not need to worry about SWRs But, doesn...
by ad2007
Mon Apr 22, 2019 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Delayed gratification.
Replies: 55
Views: 6124

Re: Delayed gratification.

I know it's the same thing, but I never use the term delayed gratification. Instead, I set goals and promise myself to get ___fill-in-the-blank___ once I achieve my target. Be it setting a personal best in a race (running), hitting a certain revenue target for my business, even reaching my FI number...
by ad2007
Fri Apr 12, 2019 7:04 am
Forum: Personal Finance (Not Investing)
Topic: One-more-year - am I done or not?
Replies: 50
Views: 7478

Re: One-more-year - am I done or not?

Assume spouse's salary will cover taxes and health insurance, minimize portfolio draw Assets: $3.2M invested: 2.1M taxable, 300K Roth, 800K IRA/401K (average .09 ER, 70/30) Budget: 90K - based on Quicken last 2 years, rolling 12 month periods (excluding income taxes and health insurance premiums) B...
by ad2007
Thu Apr 11, 2019 7:06 am
Forum: Personal Finance (Not Investing)
Topic: C-Corp Profit - What to do?
Replies: 3
Views: 412

Re: C-Corp Profit - What to do?

If the corporation pays more than reasonable compensation the excess will be treated as a dividend and won’t be deductible. Yes, if I distribute out $1M of this payment as W2 income, I don't think it would be reasonable compensation. So, the corp has to pay 21% and then distribute to me, I pay 23.8...
by ad2007
Thu Apr 11, 2019 4:26 am
Forum: Personal Finance (Not Investing)
Topic: C-Corp Profit - What to do?
Replies: 3
Views: 412

C-Corp Profit - What to do?

My CPA is obviously unavailable right now. We're supposed to hook up on "April 16" for this but he's usually preoccupied until June. So... What to do with profits from a C-corp (solely owned) for tax year 2019? I will be getting a cash infusion of about $1M into my C-corp mid year. My W2 income also...
by ad2007
Tue Apr 09, 2019 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Wife hates new job...wants to quit after 1 day
Replies: 195
Views: 20346

Re: Wife hates new job...wants to quit after 1 day

I would not quit (free money for the moment) but definitely start the job search. How about the job she left, would they take her back? But she accepted this job for a reason, there's potential. Things change quickly. Restructuring is stressful for just about everyone there right now, even the perso...
by ad2007
Sun Apr 07, 2019 10:38 pm
Forum: Personal Investments
Topic: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?
Replies: 92
Views: 6498

Re: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?

AAPL - 4% w/ the rest in Vanguard funds at 50/50 AA

Not an Anti-Boglehead thing. Just the last stock from the Pre-Boglehead days.
by ad2007
Sat Apr 06, 2019 5:18 am
Forum: Personal Finance (Not Investing)
Topic: What? No Income?
Replies: 62
Views: 7110

Re: What? No Income?

My business is such that it provides more income to me if I just keep it and run it on a part time basis for a couple of years than selling it outright. So the "run the business to the ground and just close it" has been on my mind a lot. This is the crux. On the open market, my biz is worth less th...
by ad2007
Sat Apr 06, 2019 5:10 am
Forum: Personal Finance (Not Investing)
Topic: What? No Income?
Replies: 62
Views: 7110

Re: What? No Income?

Don't forget the other side of the equation! While you are trying to build your financial security by working longer, you are shortchanging several other key parts of your future happiness and security. By leaving your job, you will have more time build your relationships with your loved ones, you ...
by ad2007
Sat Apr 06, 2019 5:09 am
Forum: Personal Finance (Not Investing)
Topic: What? No Income?
Replies: 62
Views: 7110

Re: What? No Income?

... Time is your most precious resource, spend it on the things you most value.... Today is April 5th. Tomorrow is the two year 'anniversary' of the stroke that will keep DW in a nursing home the rest of her life. I'm so glad I retired at 56 instead of plugging along to 65 for the sake of some extr...
by ad2007
Sat Apr 06, 2019 4:57 am
Forum: Personal Finance (Not Investing)
Topic: What? No Income?
Replies: 62
Views: 7110

Re: What? No Income?

bhsince87 wrote:
Fri Apr 05, 2019 3:39 pm

I will say, the not-working part is wonderful!
I took a few short term "sabbaticals" and am convinced that quality of life wise, it's the right thing to do - retire early.
by ad2007
Sat Apr 06, 2019 4:55 am
Forum: Personal Finance (Not Investing)
Topic: What? No Income?
Replies: 62
Views: 7110

Re: What? No Income?

I'm struggling with this too! Just retired on Jan 1 at age 53. I got a one year severance deal, and that's about 3 years of living expenses. But still.... I invested it all right away. So now it's been three months since I've had a paycheck. It's a strange feeling. That being said, we earn enough i...
by ad2007
Fri Apr 05, 2019 4:04 am
Forum: Personal Finance (Not Investing)
Topic: What? No Income?
Replies: 62
Views: 7110

Re: What? No Income?

I retired almost 2 years ago at 65,5 years earlier than I had planned. The obvious answer is that you need to have full confidence that you have absolutely zero financial concerns moving forward for maybe 40 more years or so.If you can do that,it eliminates a lot stress and will help with the other...
by ad2007
Fri Apr 05, 2019 3:59 am
Forum: Personal Finance (Not Investing)
Topic: What? No Income?
Replies: 62
Views: 7110

Re: What? No Income?

I feel very similarly, and my solution is to continue working part-time and allow my income to “coast down”. I am planning to semi-retire in just under a year, and instead of even attempting to sell my business, I’m just going to stop growing it and let it peter out on it’s own. I figure that coast...
by ad2007
Fri Apr 05, 2019 3:46 am
Forum: Personal Finance (Not Investing)
Topic: What? No Income?
Replies: 62
Views: 7110

Re: What? No Income?

The question is what are you going to do with your time off? Is there something you want to do instead of work? Personally, I thought my goal was to retire early, but figured out I have nothing to do that I like more then my current gig (physician). I like helping folks and the social aspect of bei...
by ad2007
Thu Apr 04, 2019 5:11 am
Forum: Personal Finance (Not Investing)
Topic: What? No Income?
Replies: 62
Views: 7110

Re: What? No Income?

Congrats to made it so early. I completely understand your fear of no more income, I consulted part time for 2 years, so it wasn't a full stop to no income and it helped me a lot. Maybe you can too? Your part time consultation job, did you end up working way less hours? More days off? Trying to com...
by ad2007
Thu Apr 04, 2019 5:06 am
Forum: Personal Finance (Not Investing)
Topic: What? No Income?
Replies: 62
Views: 7110

Re: What? No Income?

In my opinion, unless you have a particularly demanding job, you can easily continue to work while having time for things you enjoy. People tend to "hang on" longer than they need to, because working is fine - it doesn't hurt their ability to enjoy life and in fact, adds structure and social intera...
by ad2007
Thu Apr 04, 2019 5:04 am
Forum: Personal Finance (Not Investing)
Topic: What? No Income?
Replies: 62
Views: 7110

Re: What? No Income?

I'm freaking out about not having an income moving forward. Do you qualify for social security? Do you have a pension? Do you have any savings you can draw on? If none of the above, then I suggest you keep working. I plan to take SS as late as possible. No pension. We'll be drawing on after tax acc...
by ad2007
Thu Apr 04, 2019 5:00 am
Forum: Personal Finance (Not Investing)
Topic: What? No Income?
Replies: 62
Views: 7110

Re: What? No Income?

Earl Lemongrab wrote:
Wed Apr 03, 2019 4:59 pm
I now have a 40k/year job where I don't have to work.
I think I'll try to find this kind of job. Just kidding.
by ad2007
Thu Apr 04, 2019 4:59 am
Forum: Personal Finance (Not Investing)
Topic: What? No Income?
Replies: 62
Views: 7110

Re: What? No Income?

I had a buyout from work with 1 year severance and COBRA paid by company at age 61. I have CDs for the first 6 years. I pay myself 3k per month n the first of each month. Lumpy , once a year expenses paid from fund cap gains and dividends. SS somewhere between 68 and 70. Congrats! What do you do fo...
by ad2007
Thu Apr 04, 2019 4:56 am
Forum: Personal Finance (Not Investing)
Topic: What? No Income?
Replies: 62
Views: 7110

Re: What? No Income?

... What's it like for those of you who voluntarily quit a good job (you like the job OK, wouldn't do it for free though) and retire? Did you dwell on the fact that you could have a bunch more money if you'd just keep going a bit more? I left a very good job and very good career options because the...
by ad2007
Wed Apr 03, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Adjusting to lower compensation from a retirement job
Replies: 42
Views: 1787

Re: Adjusting to lower compensation from a retirement job

TheTimeLord wrote:
Wed Apr 03, 2019 8:20 am
David Jay wrote:
Wed Apr 03, 2019 8:05 am
Try having your freedom for 6 months. If you can’t handle it, you can start your job search then.
The bloom was off the rose in about 6-8 weeks.
You've just answered your own question if money was not the reason you returned to work.
by ad2007
Wed Apr 03, 2019 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Adjusting to lower compensation from a retirement job
Replies: 42
Views: 1787

Re: Adjusting to lower compensation from a retirement job

TheTimeLord (good name), I've been cutting back for the past few years. It's still no picnic for me b/c I'm the owner. Even though I work less, the stuff I really wanted to delegate is not delegate-able. Being the boss though, my income never dropped all that much. I've looked into selling my busine...
by ad2007
Wed Apr 03, 2019 7:47 am
Forum: Personal Finance (Not Investing)
Topic: What? No Income?
Replies: 62
Views: 7110

What? No Income?

I've been working since I was in middle school, always had an income of some sort up to this point. SO... now that we're all set to retire (me 50, wife 45), I'm freaking out about not having an income moving forward. How did you get over the mental fear of retiring? I'd thought I'd be super excited,...
by ad2007
Wed Apr 03, 2019 7:04 am
Forum: Personal Finance (Not Investing)
Topic: I think we're FIRE in 8 or 9 years, feedback?
Replies: 15
Views: 2151

Re: I think we're FIRE in 8 or 9 years, feedback?

How do you figure health insurance into the equation? We plan to retire in our early 50's and that'll be about 15 years of out of pocket health insurance premium that I can't seem to figure out.
by ad2007
Tue Apr 02, 2019 7:22 am
Forum: Personal Consumer Issues
Topic: Do any of you have a fear of changing jobs?
Replies: 73
Views: 4699

Re: Do any of you have a fear of changing jobs?

Yes going from working to retired very soon. Not sure how well i will like it. Interesting tangent. Out of college, I did a lot of bouncing around for more pay. I remember I was usually excited, but a bit stressed. Found my niche, started a business, feel like I've hit my number, been here for 13 y...
by ad2007
Sun Mar 31, 2019 6:38 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 334
Views: 49681

Re: Does anyone here with net worths north of $1 mil use financial advisors?

To OP,

Fired my FA once I read Swedroe and found this website. That was over 10 years ago, and now we're set to retire with no intention of ever hiring an FA ever again.

Thanks Bogleheads.
by ad2007
Sun Mar 31, 2019 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 334
Views: 49681

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Those who rely on advice from this forum are effectively using unpaid amateur FAs - the people who post here whose advice they take. There are many who fit that bill, to be sure. But there are some here (certainly not me) who could stand toe-to-toe with literally any FA out there. Investing is like...
by ad2007
Sun Mar 31, 2019 5:25 am
Forum: Personal Consumer Issues
Topic: Too late to go after driveway guy?
Replies: 21
Views: 3172

Re: Too late to go after driveway guy?

I feel your pain as we've gone through similar situations. Now I ask that they show proof of insurance, and when appropriate a state license. It seems to weed out some of the low ball quotes - go figure. And always written estimates and/or contracts. Are you sure you want him to fix your driveway an...
by ad2007
Wed Mar 27, 2019 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: I suspect I may have equity in my car lease. Help?
Replies: 31
Views: 2022

Re: I suspect I may have equity in my car lease. Help?

First, call (or login) to Mazda financial (see your lease documents) to see what the buy out value is. Second, try to figure out how much your car is worth. The easiest is to get CarMax to give you an appraisal. Just know that they will give you a low-ish offer. If CarMax is willing to give you more...
by ad2007
Wed Mar 20, 2019 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Buy or lease new car
Replies: 24
Views: 2456

Re: Buy or lease new car

Thanks for the replies all. I’ve noticed quite a few deals where you can lease a car for x but you need to pay x down at signing. I would prefer to pay 0 down at signing. Is this something they will work with me on? If you are asking this question, you really need to read up on leases. As mentioned...
by ad2007
Wed Mar 20, 2019 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Buy or lease new car
Replies: 24
Views: 2456

Re: Buy or lease new car

Leasing will in most cases end up costing you more. Most new cars don't require that much maintenance ($$) during the initial factory warranty so I'm not sure how you'll save money. Unless you're talking about luxury cars, and even then a new car's not going cost that much for maintenance. I've had ...
by ad2007
Wed Mar 20, 2019 5:52 am
Forum: Investing - Theory, News & General
Topic: Beyond the 4% Rule: How Much Can You Spend in Retirement?
Replies: 47
Views: 3920

Re: Beyond the 4% Rule: How Much Can You Spend in Retirement?

Our year end portfolio has been increasing every year. Now I know some people will think this is horribly dangerous, but in addition to enjoying life, I bought an asbestos suit with the extra withdrawals and am prepared... My father says that quite often; that his portfolio is higher now than when ...
by ad2007
Wed Mar 13, 2019 9:29 am
Forum: Personal Consumer Issues
Topic: What time do you start your day?
Replies: 69
Views: 3062

Re: What time do you start your day?

Looks like we've got early risers here.

Even more interesting if we get how many hours of sleep info also. I suspect we'll see less than the conventional recommended 8 hours of sleep.

Up: 4:30PM Work: 8:30AM. Sleep: 11PM.
by ad2007
Wed Feb 27, 2019 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Why Working as a Senior Male is Wise...
Replies: 104
Views: 11776

Re: Why Working as a Senior Male is Wise...

beyou wrote:
Sun Feb 24, 2019 9:27 pm
In my experience most people HAVE to keep working, and those making big $ WANT to keep working.
Very true
by ad2007
Tue Feb 26, 2019 10:13 am
Forum: Personal Consumer Issues
Topic: Suggestion on high ceiling condo heat issues
Replies: 34
Views: 2002

Re: Suggestion on high ceiling condo heat issues

What's the temperature difference. Also measure the humidity. You can buy one of those things for 10 bucks and know for sure.

We have the opposite problem living in Florida and had the humidity controlled to feel more comfortable in the summers.
by ad2007
Tue Feb 26, 2019 9:28 am
Forum: Personal Consumer Issues
Topic: $5000 water bill-Help!
Replies: 68
Views: 6521

Re: $5000 water bill-Help!

Friends had underground leaks leading into the house after the outdoor meter. It doesn't have to be a toilet. Agreed. A toilet leaking at 1 gal per minute is going to be very noticeable to the home owner. Otherwise, when water lines fail, they normally fail catastrophically. Check around the house ...
by ad2007
Fri Jan 11, 2019 6:56 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 188
Views: 20427

Re: Around 43K in dividends last year - feel good about it ?

I bet those folks who do not detest dividend income aren't paying a painful amount in taxes (think highest tax brackets well into the six figures). Brk.b is an option but not diversified enough for me. A basket full of stocks that pay no to low div is a handful to manage and not diversified enough f...
by ad2007
Sun Nov 18, 2018 6:38 am
Forum: Personal Consumer Issues
Topic: Too many choices for my next TRUCK
Replies: 99
Views: 7806

Re: Too many choices for my next TRUCK

Got the truck. It ended up being a new 2019 F250 6.2L FX4, OTD $43K. Thank you for all the advice. The smaller Taco, Ridgeline would not have worked. The 1/2 ton 2WD (any brand) would have done it. But... Toyota was hard to shop for because new ones with the 5.7L and the larger gas tank was rare, fo...