It's a thing, even the military has increased it from 10 to 14 days of un-chargeable leave for fathers.toofache32 wrote: ↑Tue Jun 18, 2019 6:51 amI get that. I just didn’t know this was really a thing extended to males. When my wife had our kids 13 and 15 years ago I was allowed to take the day off for the delivery. It never would have crossed my mind to ask for more time.
Search found 92 matches
- Tue Jun 18, 2019 11:55 pm
- Forum: Personal Finance (Not Investing)
- Topic: Maternity and Paternity leave policies
- Replies: 56
- Views: 4632
Re: Maternity and Paternity leave policies
- Tue Jun 18, 2019 1:55 am
- Forum: Personal Finance (Not Investing)
- Topic: Maternity and Paternity leave policies
- Replies: 56
- Views: 4632
Re: Maternity and Paternity leave policies
Maternity = mothers
Paternity = fathers
- Sun Jun 16, 2019 7:42 pm
- Forum: Personal Finance (Not Investing)
- Topic: UPDATE AND THANK YOU: Career advice — asking for the “gray hair perspective”
- Replies: 60
- Views: 8922
Re: Career advice — asking for the “gray hair perspective”
You're rocking the boat/gravy train and the partners don't like it, you are possibly PNG at partner level already.
Sounds like a perfect case study of starting your own firm, save your clients time and money.
If you were to leave can you bring clients with you or will you be subject to a non-compete?
Sounds like a perfect case study of starting your own firm, save your clients time and money.
If you were to leave can you bring clients with you or will you be subject to a non-compete?
- Sun Jun 16, 2019 11:36 am
- Forum: Investing - Theory, News & General
- Topic: So much for financial predictions, eh?
- Replies: 46
- Views: 5741
Re: So much for financial predictions, eh?
"Nobody knows nothing" indeed!
- Sun Jun 16, 2019 11:03 am
- Forum: Personal Investments
- Topic: Is Vanguard down?
- Replies: 20
- Views: 3033
Re: Is Vanguard down?
No issues for me.
- Sat Jun 15, 2019 11:58 pm
- Forum: Investing - Theory, News & General
- Topic: The Case Against ETFs
- Replies: 193
- Views: 14265
Re: The Case Against ETFs
Completely false, from the OP he is trying make a case against ETFs based solely on factors of human behavior.Silence Dogood wrote: ↑Sat Jun 15, 2019 4:27 pm I think that the main concern the OP had is that there is now the perception (reality?) that Vanguard is promoting ETFs over mutual funds.
The OP wanted to know the rationality behind this decision.
I think that his/her concerns could have been addressed more appropriately.
He only mentions Vanguard at all in the OP tangentially in reference to a specific fund.
- Sat Jun 15, 2019 6:46 am
- Forum: Personal Investments
- Topic: ** UPDATED - tender offer - PEMEX (Petróleos Mexicanos) Bonds --- investment grade --- nice yield
- Replies: 14
- Views: 2396
Re: PEMEX (Petróleos Mexicanos) Bonds --- investment grade --- nice yield
Mexico's oil output has been falling for about 15 years and with current politics there what they are, not a very safe place for money.
- Fri Jun 14, 2019 8:18 am
- Forum: Personal Consumer Issues
- Topic: Which shaving cream / oil?
- Replies: 58
- Views: 7291
Re: Which shaving cream / oil?
It's a piece of horsehide called a strop and it doesn't sharpen so much as align the edge immediately before use.dm200 wrote: ↑Thu Jun 13, 2019 12:11 pm Discussing shaving, I am reminded that my maternal grandfather - until into his nineties - shaved with a straight razor. It was fascinating watching him. He would use some kind of strap to make the razor "sharper", use a brush to make the lather in a container and use a small mirror in shaving.
Once he was no longer able to shave himself, the family bought an electric shaver to assist him or do the shaving.
- Fri Jun 14, 2019 8:17 am
- Forum: Investing - Theory, News & General
- Topic: The Case Against ETFs
- Replies: 193
- Views: 14265
Re: The Case Against ETFs
This is the study of 8,000 German investors? If anything, ETFs make more sense to me.
- Real time pricing/buying
- No minimums
- Low ER
- Tax efficient
- Can move brokerages with them
The inability of people to adhere to an investment strategy is no more a reason to hate ETFs than to hate smartphones because expenditures increase after using them since they make it easier for people to buy meaningless junk.
- Real time pricing/buying
- No minimums
- Low ER
- Tax efficient
- Can move brokerages with them
The inability of people to adhere to an investment strategy is no more a reason to hate ETFs than to hate smartphones because expenditures increase after using them since they make it easier for people to buy meaningless junk.
- Thu Jun 13, 2019 8:07 am
- Forum: Personal Consumer Issues
- Topic: Which shaving cream / oil?
- Replies: 58
- Views: 7291
Re: Which shaving cream / oil?
Proraso Green across the board for cream/soap and after-shave.
I don't use oil but the Proraso Green Pre/Post in the small jar.
Astra Super Plat blades.
I don't use oil but the Proraso Green Pre/Post in the small jar.
Astra Super Plat blades.
- Thu Jun 13, 2019 7:46 am
- Forum: Investing - Theory, News & General
- Topic: Vanguard ETF Marketing
- Replies: 17
- Views: 1435
Re: Vanguard ETF Marketing
Did you read the article? The study “Abusing ETFs,” has been accepted for publication in the Review of Finance, an academic journal Sounds like people are using ETFs in place of stocks to day trade. To show that ETFs were the cause of this reduced return, the researchers analyzed the transactions undertaken over a five-year period by nearly 8,000 clients of a German on-line brokerage firm. They found that the average investor’s performance took a turn for the worse after first investing in an ETF, and that this decline in value was caused by the introduction of ETFs. Not sure 8,000 people in one country is a large enough sample size with almost 7,000 ETFs in existence. Why would investing in ETFs have this negative effect? The reason, Profe...
- Thu Jun 13, 2019 3:37 am
- Forum: Personal Consumer Issues
- Topic: Best source for buying Gold Coins
- Replies: 55
- Views: 34449
Re: Best source for buying Gold Coins
Im unsure how a few coins could possibly be any burden whatsoever. Were not talking about a Monster Box or kilos of bullion here, just a few coins.
Kitco or APMEX are gtg in my book.
Kitco or APMEX are gtg in my book.
- Thu Jun 13, 2019 3:34 am
- Forum: Personal Consumer Issues
- Topic: Clearing customs in Seattle
- Replies: 26
- Views: 5183
Re: Clearing customs in Seattle
SEA is my home airport, I have had wildly different experiences. Sometimes I breeze through, sometimes it takes multiple hours. Having a few hours cushion is a sound choice IMO.
- Thu Jun 13, 2019 3:32 am
- Forum: Personal Consumer Issues
- Topic: Anyone buy Security Cams from Costco?
- Replies: 60
- Views: 7601
- Sun Jun 09, 2019 10:28 am
- Forum: Personal Investments
- Topic: Pre-Military Seeking Investment Planning
- Replies: 49
- Views: 3506
Re: Pre-Military Seeking Investment Planning
Wanted to reply before OP went to basic but my internet went out, joys of being on a deployed ship. After 19.5 years in the Surface Combat Systems community I think he will be in for somewhat of a rude awakening. Actionable: - Start your TSP - Open up a Vanguard Roth IRA and taxable account - You get annual pay raises and bi-annual seniority raises, send these extra pays straight to your investments - If when you deploy save as much of that money as you can - Learn about opportunity cost, don't be afraid of debt, use it wisely. You'll have almost instant access to lower rates - Lots of people with no discipline will peer pressure you into the lifestyle of wasting money on partying and other garbage, especially you being over 21 and able to ...
- Sun Jun 09, 2019 8:56 am
- Forum: Personal Investments
- Topic: Moving from Rat Race to FIRE, Near All-Time Highs (Best Way to Invest Account Sitting in 100% Cash)
- Replies: 35
- Views: 6991
Re: Moving from Rat Race to FIRE, Near All-Time Highs (Best Way to Invest Account Sitting in 100% Cash)
Beautifully stated, we construct our own prisons.DanMahowny wrote: ↑Sat Jun 08, 2019 11:16 amI retired 10 years ago at 42, and have no need to ever work again.
Why do you feel that one needs to have a job to be "productive"? That's pretty sad.
I enjoy a very productive and fulfilling life. "Sitting around" doesn't describe me, at all.
Work is an escape from freedom.
- Sat Jun 01, 2019 3:36 am
- Forum: Investing - Theory, News & General
- Topic: Best day of the month to invest?
- Replies: 39
- Views: 6581
Re: Best day of the month to invest?
The best days for me are the 1st and the 15th.
- Sat Jun 01, 2019 3:30 am
- Forum: Personal Investments
- Topic: Portfolio advice for a military member
- Replies: 15
- Views: 1326
Re: Portfolio advice for a military member
How much time in service do you have? With no debt youre doing great. If you choose to stay until 20+ and get the retirement you will have a COLA indexed pension and essentially free healthcare (Tricare Prime is $595/yr for a family) for life and if you read the threads here about retirement planning health care is probably the #1 concern and a large driver of working longer. I think your portfolio could be simplified a great deal with market weight total world VT/VTWAX at an AA of your choice, or Life Strategy Growth. Since you have access to the TSP I would place strong consideration on keeping the entire bond portion of your AA in the G-Fund which is like a intermediate bond fund with no principal risk - in other words a free lunch that ...
- Sat Jun 01, 2019 3:02 am
- Forum: Personal Finance (Not Investing)
- Topic: Can we afford to pay for our kid's college (at all)?
- Replies: 234
- Views: 20038
Re: Can we afford to pay for our kid's college (at all)?
Could you clarify this statement? Do you mean to say that if you don't pay for your children's education that you are stealing from them? Or stealing their future?international001 wrote: ↑Fri May 31, 2019 5:29 pm Well, if you want to make it more difficult for your children than it is for a low income child, that's your philosophy and stick with it. You may as well steal from him to teach him a life lesson (incidentally, my grandfather used to -just- explain me the same sort of lesson).
But the discussion here is how much you can help your children vs how much you can help yourself. This is why I set my minimum contribution at student_charge-X
- Sat Jun 01, 2019 12:53 am
- Forum: Investing - Theory, News & General
- Topic: Modeling Worst Case Scenarios & Does AA Matter When Consistently Contributing?
- Replies: 16
- Views: 1733
Re: Modeling Worst Case Scenarios & Does AA Matter When Consistently Contributing?
I thought Bob - the world's worst market timer figured this out already?
Savings rate > everything else
Savings rate > everything else
- Sun May 12, 2019 10:50 pm
- Forum: Personal Consumer Issues
- Topic: Home Safe...Looking for advice
- Replies: 19
- Views: 3276
Re: Home Safe...Looking for advice
This type of FUD can cause some big issues. If you're hiring some guys from Home Depot to "install" a sheet metal box, probably not a good idea. But when you start talking real safes like letter rated (B, C, D) or TL safes that start at 1000lbs and can kill you or cause significant structural damage to your house then it's better left to a pro. By pro I mean a dedicated safe installer that is licensed and bonded to operate in your state and has a long history in your area. A big city usually has at least a couple to service bank and jewelry store vaults.darrvao777 wrote: ↑Fri May 10, 2019 12:43 pm Not as common anymore but hiring people to deliver and install the safe is a big no no in my book
- Sun May 12, 2019 7:41 am
- Forum: Personal Finance (Not Investing)
- Topic: Reorganization - Ageism?
- Replies: 23
- Views: 5167
Re: Reorganization - Ageism?
It appears to be compensation discrimination more than age discrimination. If you can't continually and objectively show how your salary benefits your employer with hard facts and data (sales, revenue, clients), or have a highly sought after hard/soft skills then you can and will be replaced by someone who is cheaper to employ.
This board suffers from a type of dissonance. On one hand the prevailing wisdom is to "work hard, be a loyal worker, and give your company 100%", yet the other is "prepare to confront ageism and be let go".
What does that loyalty give you? It seems very little.
This board suffers from a type of dissonance. On one hand the prevailing wisdom is to "work hard, be a loyal worker, and give your company 100%", yet the other is "prepare to confront ageism and be let go".
What does that loyalty give you? It seems very little.
- Sun May 12, 2019 7:27 am
- Forum: Personal Finance (Not Investing)
- Topic: Continue working for benefit of adult children or retiring earlier?
- Replies: 87
- Views: 8262
Re: Continue working for benefit of adult children or retiring earlier?
I do not plan on working any longer or harder than necessary to provide the basics, then off you go. I'm still young in my late 30's but I've seen enough to realize that the most important gift I can provide to my family is time and availability, money is far down the list.
RE: multi-generational households, what's old is new again. Due to the twin specters of health and child care costs it's suddenly en vogue for family to watch the kids. Growing up there were long periods of time where my grandmothers lived and traveled with us. They are some of the most amazing and interesting people I've ever known and I credit them with giving me my sense of adventure.
RE: multi-generational households, what's old is new again. Due to the twin specters of health and child care costs it's suddenly en vogue for family to watch the kids. Growing up there were long periods of time where my grandmothers lived and traveled with us. They are some of the most amazing and interesting people I've ever known and I credit them with giving me my sense of adventure.
- Sat May 11, 2019 1:36 am
- Forum: Investing - Theory, News & General
- Topic: Any conservative young investors?
- Replies: 79
- Views: 11124
Re: Any conservative young investors?
Definitely not the 25 year old of modest means that has 30-40 years for compound growth.rbaldini wrote: ↑Fri May 10, 2019 12:49 pm The young -> risky guideline is just that: a guideline.
Consider a high-income 50 year-old man with no debt, no spouse, and no children to support who has accumulated $10 million net worth.
Now consider a 25 year-old man with a mortgage and education debt with a modest income, a stay-at-home wife, and two kids, with net worth of $100k.
Who should invest more conservatively?
YMMV
- Fri May 10, 2019 7:53 am
- Forum: Personal Consumer Issues
- Topic: Home Safe...Looking for advice
- Replies: 19
- Views: 3276
Re: Home Safe...Looking for advice
....2 hour fire protection. Be sure to look into this. As I recall the way fire protection works for some safes is that the walls contain a material that releases a lot of water when it gets hot. The water drenches the contents of the safe so it does not burn. This can be a problem with things like computer backups and many things that are printed with an inkjet printer use water soluble ink. Almost, the steam is a byproduct of calcination of the water in the insulation. The insulation is either gypsum board or a type of wet cement, both of which hold a certain percentage of water in their masses. Since energy can't be destroyed and only changes forms, during a fire the insulation "absorbs" heat energy from the fire by transferri...
- Thu May 09, 2019 9:14 am
- Forum: Personal Investments
- Topic: tech funds
- Replies: 31
- Views: 8414
Re: tech funds
I like IGV iShares Expanded Tech Sector - Software, large exposure to cloud/virtual service companies Adobe, Visa/MC, etc.
- Mon May 06, 2019 6:22 am
- Forum: Personal Investments
- Topic: Vanguard Information Technology ETF ( VGT) to improve returns or not?
- Replies: 15
- Views: 3896
Re: Vanguard Information Technology ETF ( VGT) to improve returns or not?
If I was going to tilt towards tech I would look at IGV iShares Expanded Tech Sector Software which concentrates on software and cloud services. I think that as we become more and more connected, more companies will shift towards the cloud to streamline infrastructure and personnel.
- Sat May 04, 2019 9:49 am
- Forum: Personal Investments
- Topic: Say you have a pension & lot of cash. With those in mind, does it make sense to have a more aggressive allocation?
- Replies: 62
- Views: 5755
Re: Say you have a pension & lot of cash. With those in mind, does it make sense to have a more aggressive allocation?
It makes sense for me, but I get my pension at 38 and it will cover minimum expenses.
- Tue Apr 30, 2019 7:37 am
- Forum: Personal Investments
- Topic: So, I want to Retire - Help ?
- Replies: 51
- Views: 9579
Re: So, I want to Retire - Help ?
3mil and a paid off house isn't enough to retire in ones 50's? Unbelievable.
1. Simplify portfolio at a low cost brokerage of your choice.
2. Trim your expenses by about 10% to give yourself a buffer.
3. Consider going to one car if neither you or spouse is working.
4. Consider working part time or remotely if you are that worried about HC.
Enjoy your retirement.
1. Simplify portfolio at a low cost brokerage of your choice.
2. Trim your expenses by about 10% to give yourself a buffer.
3. Consider going to one car if neither you or spouse is working.
4. Consider working part time or remotely if you are that worried about HC.
Enjoy your retirement.
- Tue Apr 30, 2019 7:36 am
- Forum: Personal Finance (Not Investing)
- Topic: Whats the Point of Climbing the Corporate Ladder?
- Replies: 164
- Views: 22400
Re: Whats the Point of Climbing the Corporate Ladder?
I think there's a not insignificant difference between totally loathing your work and the day to day low-mid lvl irritations most of us face at our jobs. I work to live, not the other way around. YMMV, but for me I'd happily tolerate a job I loathe for a dramatic increase (say 3-4x current) in pay for a few years that allows me to reach my financial goals far ahead of when I otherwise could, before going back to more enjoyable employment. Just like anything else, it's a trade off calculation that works out differently for everyone. I'd also imagine this calculation is very different once you have spouse/children/care of elderly parents entering the picture and relying on that income. Your personal enjoyment at the job matters less if you c...
- Sun Apr 28, 2019 6:36 am
- Forum: Personal Investments
- Topic: pay down mortgage vs. invest in taxable?
- Replies: 30
- Views: 4214
Re: pay down mortgage vs. invest in taxable?
OP do you have PMI on your loan?
You may consider the math of paying down and trying to recast the mortgage to remove PMI, then taper that off and add more to taxable.
If no PMI I would send it all to taxable.
You may consider the math of paying down and trying to recast the mortgage to remove PMI, then taper that off and add more to taxable.
If no PMI I would send it all to taxable.
- Sat Apr 27, 2019 10:31 pm
- Forum: Personal Investments
- Topic: In this case, should I be 100% stocks?
- Replies: 63
- Views: 7834
Re: In this case, should I be 100% stocks?
My military pension starts next year at 38, I am 100% equities ex-EF and don't see any reason to change that for at least 15-20 years. Don't forget under FERS in addition to the pension the health care is excellent.
The VA is a unique work environment, I would try and speak with some people in your field who works there to see if it is a good fit for you before you get too excited about the pension.
The VA is a unique work environment, I would try and speak with some people in your field who works there to see if it is a good fit for you before you get too excited about the pension.
- Fri Apr 26, 2019 9:50 am
- Forum: Personal Finance (Not Investing)
- Topic: Whats the Point of Climbing the Corporate Ladder?
- Replies: 164
- Views: 22400
Re: Whats the Point of Climbing the Corporate Ladder?
I'm not saying I recommend it, or that I'd do it myself (again), I'm just saying that's how I might consider it. The first 15 years of my career I worked in a job where I averaged 50 hours a week and worked up to 80 during busy periods. It's not fun but it's doable, and if you're properly compensated it might be worth it. And 10 years *is* a short time if the alternative is 25 or 30 years. If I was 30 or 35 and had two options (1 - 60 hour weeks for a decade or 2 - 40 hour weeks for 30 years), I'd have a hard time passing up on option 1. Fair point, we all have to ask ourselves "is it worth it?". But too often we forget or downplay the human costs we bear to such endeavors. Health, relationships, personal interests etc which are ...
- Fri Apr 26, 2019 8:49 am
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks continue to soar!
- Replies: 22381
- Views: 2121372
- Fri Apr 26, 2019 7:14 am
- Forum: Personal Finance (Not Investing)
- Topic: Whats the Point of Climbing the Corporate Ladder?
- Replies: 164
- Views: 22400
Re: Whats the Point of Climbing the Corporate Ladder?
The way I look at it is in terms of total hours worked. If you get promoted and have to work 50% more hours for 10 years, but get paid enough that you can retire 10 years earlier, then you win in the long term (obviously there are other tradeoffs to going from 40 to 60 hour weeks though). But the way I look at it is that I'd be willing to kill myself for a short period if the result was fewer total hours in the long term. 10 years is not a short time. 60-80 hour weeks for even 6 months kill people. Just look at the game industry. You have no guarantee you will get any reward for those hours. Absolutely ridiculous, completely ignores what that does to the body which is both surprising and disappointing from a community that is so concerned ...
- Wed Apr 24, 2019 11:54 am
- Forum: Personal Finance (Not Investing)
- Topic: Whats the Point of Climbing the Corporate Ladder?
- Replies: 164
- Views: 22400
Re: Whats the Point of Climbing the Corporate Ladder?
Whats the point of climbing the corporate ladder if I'm fine with my current salary and position and can hit all my financial goals without future promotions raises etc? I am at a point where boss says I can be promoted but must be willing to work more hours be available at all times of day etc. Basically my work life balance spending time with family and kids goes away but now I make more money. Why not just stay where I am if I can still hit my financial goals for retirement etc? The system depends on it. In seriousness the perpetual growth paradigm we find our society in these days demands it. They demand more work with the promise of a better evaluation which leads to the hope of promotion and more money. "Continuous growth",...
- Wed Apr 24, 2019 5:54 am
- Forum: Investing - Theory, News & General
- Topic: Pension Govt vs a High match job with higher pay.
- Replies: 16
- Views: 2217
Re: Pension Govt vs a High match job with higher pay.
What type of govt? City, start, county?
Will you get subsidized health care along with the pension? From reading this board that is probably the biggest reason why people choose to work longer or have one spouse work longer so I would definitely factor that into your calculus.
Will you get subsidized health care along with the pension? From reading this board that is probably the biggest reason why people choose to work longer or have one spouse work longer so I would definitely factor that into your calculus.
- Mon Apr 22, 2019 11:38 pm
- Forum: Personal Finance (Not Investing)
- Topic: If FIRECalc shows 100% success rate, what holds you back from retiring?
- Replies: 126
- Views: 15208
Re: If FIRECalc shows 100% success rate, what holds you back from retiring?
Nothing at all. I'm pulling the plug and retiring from the military at 20 years almost to the day. Leaving more money and a bigger pension on the table. I'm young, healthy, motivated to live life and have a newborn son.
"But you wont be able to live on your pension!"
"Think about your family!"
"What will you do?!"
Most of the risks people talk about on this forum don't concern me in the slightest.
- Mon Apr 22, 2019 2:49 am
- Forum: Personal Investments
- Topic: Saving for a home
- Replies: 12
- Views: 1484
Re: Saving for a home
Seems needlessly complicated. Why not just put it all in Federal or Treasury MM?
Better question is why not just invest it to get the 5-10 years of compounding and then use the VA loan with 0 down and no PMI?
Better question is why not just invest it to get the 5-10 years of compounding and then use the VA loan with 0 down and no PMI?
- Sun Apr 21, 2019 10:52 am
- Forum: Personal Finance (Not Investing)
- Topic: Mr. Money Mustache, SWR, and equity allocation
- Replies: 524
- Views: 51046
Re: Mr. Money Mustache, SWR, and equity allocation
My wife, who absolutely refuses to consider retirement, and I were talking about this exact topic yesterday. We don't work because we need more money, we work because we view out current work situation as preferable to having to think of things to fill 24x7x365. The people I know who are happy retirees find contentment in things I do not. Snipped quote for brevity. This is actually a really common question when the topic of RE comes up, though more so with the older crowd. "What would you do ? If you have the time, you will fill it. Not long ago I was in a unique work situation where I was on call to travel and assess program compliance. If I wasn't on the docket to travel I would go to the office for 1 hour 3-4 days a week to check e...
- Sun Apr 21, 2019 1:26 am
- Forum: Personal Finance (Not Investing)
- Topic: Mr. Money Mustache, SWR, and equity allocation
- Replies: 524
- Views: 51046
Re: Mr. Money Mustache, SWR, and equity allocation
I think in the course of discussion some things where lost. Many people on this thread made the point that it is absolutely crazy to retire with 25X at 45. My point was not that it's 100% safe, just that it's safer and makes a lot more sense than the other extreme, very common and widely accepted on BH: retire old with a lot of money. In 2nd case people just completely disregard the value of their own life. A different discussion is what expenses are. For example I have no problem with 25X at 45 in in expenses are included a lot of "luxurious" things like traveling that can dropped when necessary. In many threads the consensus is that it is crazy to leave a well paying job at any time no matter your portfolio size. For the life o...
- Sat Apr 20, 2019 6:56 am
- Forum: Investing - Theory, News & General
- Topic: This could be the biggest risk that retirees face?
- Replies: 117
- Views: 10522
Re: This could be the biggest risk that retirees face?
https://apps.goldensoncenter.uconn.edu/HLEC/ Damn looks like they got me at 102 with 2.3 bad years. Might need to get a second federal pension after all. Oh boy, this is gonna be a looong thread.... I will just drop this other thread link right here... https://www.bogleheads.org/forum/viewtopic.php?p=4503208#p4503208 Let me guess, work until 75 + 100x expenses + 1% SWR? Says I can gain some time by sleeping more. But its pretty much a wash -- If you spend 1 hour more awake, that's about 1 month per two years. And its being awake during the "good" years. Many things that ail us are tied to sleep, including Alzheimer's and dementia. Sleep is a regenerative process and our ability to sleep degrades over time hence the aging process ...
- Fri Apr 19, 2019 9:02 am
- Forum: Personal Finance (Not Investing)
- Topic: Mr. Money Mustache, SWR, and equity allocation
- Replies: 524
- Views: 51046
Re: Mr. Money Mustache, SWR, and equity allocation
You missed the entire context of the post I was replying toAerialWombat wrote: ↑Fri Apr 19, 2019 8:32 amFor some of us, this *is* the goal, and precisely why we can retire early.
If that's what you want to do you don't need to work until 65 to afford that. You also don't want to work so long that that's the only thing you feel like doing.
- Thu Apr 18, 2019 10:14 am
- Forum: Personal Finance (Not Investing)
- Topic: Job Offer Evaluation - FANG
- Replies: 114
- Views: 17269
Re: Job Offer Evaluation - FANG
Anyone have advice for the following situation? My partner wants to stay in Baltimore for a year while I go to fang. It seems like a waste of money to pay for a mortgage and an apt plus 2 households. Her reasoning is she is going to be promoted to director and wants it on her resume. But it’s only $10k more money and she wouldn’t have it on her resume that long. Also no telling when she would get a job. For example, she waits to Jan to look and still only has the title for 6 months. Not sure what difference that will make. She’s pretty adamant about staying a year and I feel this will make our life hectic. Selling our home and moving across the country is tough and now she wants to add finding a temporary place into the mix. Not to mention...
- Thu Apr 18, 2019 6:55 am
- Forum: Personal Consumer Issues
- Topic: .
- Replies: 73
- Views: 6080
Re: Washing Machine that uses a LOT of Water
Very interesting. Thank you. Can you explain how too much soap leads to the clothes being *under* cleaned? That seems counterintuitive to me. The problem with too much soap in terms of machine flowing suds all over the floor, I know ;-). General comment. We use Bosch washers (this is in Europe) & they have to be front loaders (to meet the European environmental standard). Although there is a long term problem with mold (it seems impossible to beat this) we are otherwise very satisfied. When you have an airtight compartment with high humidity this tends to happen, common problem for all front loaders. Easy fix for that is to leave the washer door open after each load until the internal drum is dry. I do this and haven't had any smells i...
- Tue Apr 16, 2019 11:11 am
- Forum: Personal Finance (Not Investing)
- Topic: Mr. Money Mustache, SWR, and equity allocation
- Replies: 524
- Views: 51046
Re: Mr. Money Mustache, SWR, and equity allocation
I propose that balance is always very important - never spend all funds for the present and never plan to spend all funds in the future. Challenge yourself to acquire more income but share the growing income each year between living in the present and saving for the future. Each persons numbers will vary but balance is really the key to them all. There are many alternatives to the seemingly binary choice of working 60hrs or early retirement. if you don't like your job then its a job problem and not an early retire problem - many folks can source an income that allows plenty of time with family and still have an active work life until they feel they are ready to FIRE. YMMV Balance is indeed important and going too far one way or the other i...
- Tue Apr 16, 2019 7:44 am
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks continue to soar!
- Replies: 22381
- Views: 2121372
Re: U.S. stocks continue to soar!
Not really, one of the benefits of being deployed is you're a bit removed from the drama du jour. I was just getting into the tax free zone in January so I was trying to dump as much into my VTSAX taxable holdings as I could.J G Bankerton wrote: ↑Tue Apr 16, 2019 6:52 amDidn't the 2.5% drop from the 2ed to 3ed of January make your heart go pitty-pat?
- Tue Apr 16, 2019 6:48 am
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks continue to soar!
- Replies: 22381
- Views: 2121372
- Tue Apr 16, 2019 3:11 am
- Forum: Personal Finance (Not Investing)
- Topic: Mr. Money Mustache, SWR, and equity allocation
- Replies: 524
- Views: 51046
Re: Mr. Money Mustache, SWR, and equity allocation
You life is the most precious asset you have and is rapidly depreciating (or at least it has a high risk embedded). Starfish your post was excellent but this line really distills it down. Where is the inflection point for trading the vitality of youth for financial resources to enjoy in old age? And yet most people who are 50+ who want a job, have one. The cost to be FI by 50 might be higher than you want to pay. You will never get back the years with your kids when they are young where you can spend money on things that bring both of you happiness. I pulled this quote from the "Layoff - Early 60's" thread, didn't want to highjack it with BH vs MMM and its very relevant here to contrast the differences in mindset. For me it is th...
- Mon Apr 15, 2019 12:02 pm
- Forum: Personal Finance (Not Investing)
- Topic: Job choice: higher pay or more interesting work?
- Replies: 14
- Views: 2128