Search found 10 matches

by deskpilot65
Wed Jun 05, 2019 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 501
Views: 59952

Re: What is/ was your career and would you recommend it now?

Software Engineer for MegaCorp Pros: love creating in logic The projects are fun The people you work with are brilliant The pay is good/great Cons: My Computer Programmer aunt once called programmers "the highest paid migrant workers in the world." I've never seen anything to dispute that. I see th...
by deskpilot65
Thu May 23, 2019 6:16 pm
Forum: Investing - Theory, News & General
Topic: The Flexible Retirement Planner
Replies: 44
Views: 7847

Re: The Flexible Retirement Planner

I use FRP extensively for all of my planning. I find the MC analysis to be the least important feature. For me, the strength of the tool is in the ability to model so many cash flow scenarios at different life stages - i.e. pre/post retirement, pre/post medicare age, pre/post SS, inheritance, RMDs.....
by deskpilot65
Wed Apr 10, 2019 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Not much work at new megacorp job
Replies: 70
Views: 6399

Re: Not much work at new megacorp job

My megacorp, which has been dying a slow death since the 1990s, had long periods of little work. I went years at a time under-utilized. I learned early on to never ask for work - since my manager would have been forced make up some menial task that did not need to be done. I spent my free time worki...
by deskpilot65
Wed Apr 10, 2019 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Infertility treatments/insurance/job situation
Replies: 44
Views: 3750

Re: Infertility treatments/insurance/job situation

All I can say is before you sign anything for IUI and IVF please make sure your tests conclusively show a reason for infertility. Agree 100% - if this is possible. Both my wife and I were fully tested before we started treatment - clomid, and then IUI + injections. My wife was diagnosed with PCO an...
by deskpilot65
Thu Apr 04, 2019 2:02 pm
Forum: Investing - Theory, News & General
Topic: Make sure your retirement investment plan includes being fired from your job in your 50s
Replies: 285
Views: 18661

Re: Make sure your retirement investment plan includes being fired from your job in your 50s

Yes. There is a significant change in the attitude of corporate America towards its employees over the last few decades. The employees are becoming disposable. Age discrimination is just one part of the whole phenomena. When I started 20+ years ago, I was allocated 2 to 4 weeks of external training...
by deskpilot65
Thu Apr 04, 2019 1:57 pm
Forum: Investing - Theory, News & General
Topic: Make sure your retirement investment plan includes being fired from your job in your 50s
Replies: 285
Views: 18661

Re: Make sure your retirement investment plan includes being fired from your job in your 50s

In my megacorp, the risk of being fired was primarily due to the "race to the bottom", not due to age. Our competitors were bidding against us with costs based on offshore staff in Eastern Europe (1/3 cost) and India (1/6 cost). We simply could not compete unless we off-shored most of the work. My c...
by deskpilot65
Sun Mar 17, 2019 10:51 am
Forum: Personal Investments
Topic: Risk averse portfolio for an early retiree?
Replies: 45
Views: 5293

Re: Risk averse portfolio for an early retiree?

continued thanks for the advice. I will take my time and research all of the suggestions given and see what is right for me. It sounds like you have had forced retirement. Are you married to the idea of having no earned income? My ancestors tend to not make it to their 80s. Also, I have seen so many...
by deskpilot65
Thu Mar 14, 2019 8:36 am
Forum: Personal Investments
Topic: Risk averse portfolio for an early retiree?
Replies: 45
Views: 5293

Re: Risk averse portfolio for an early retiree?

continued thanks for the advice :beer I will gradually increase my stock percentage. I'll have to figure out the exact AA - probably 20-30. As for the rest, do folks have any opinions on brokered CDs vs bonds vs bond funds? This is for my tax-deferred account. I live in Florida, so no state income t...
by deskpilot65
Wed Mar 13, 2019 8:42 am
Forum: Personal Investments
Topic: Risk averse portfolio for an early retiree?
Replies: 45
Views: 5293

Re: Risk averse portfolio for an early retiree?

Thanks for the replies :D I have lots of homework to do. I took the vanguard questionnaire and it recommended 30/70. The VG analysis page modeled 20/80 at 6.7% return and 100% bonds at 5.4% return. If I plug these results into the flexible retirement planner, then I am very comfortable with either A...
by deskpilot65
Tue Mar 12, 2019 9:23 pm
Forum: Personal Investments
Topic: Risk averse portfolio for an early retiree?
Replies: 45
Views: 5293

Risk averse portfolio for an early retiree?

Hi, My wife and I are 53. Our megacorp got rid of me 2 months ago, and my wife will soon follow (not voluntarily). We'd like to retire early. We are novice investors. I have only 12% of my money in stocks and probably 15% in bonds. The rest is cash/MM. We are super risk averse to begin with and my s...