Search found 11 matches

by Buzzhead
Tue Nov 17, 2020 11:21 am
Forum: Personal Consumer Issues
Topic: Subaru Impreza. Are you happy with it?
Replies: 18
Views: 1268

Re: Subaru Impreza. Are you happy with it?

My son has a 2012 impreza that has survived his failure to maintain/drive it like you stole approach to car ownership amazingly well with no issues. My wife has a 2019 plug-in crosstrek that we love. In our small mountain town, she uses basically no gas. 12000 miles so far with an overall lifetime a...
by Buzzhead
Tue Nov 17, 2020 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance- when did you cancel it?
Replies: 15
Views: 1214

Disability Insurance- when did you cancel it?

Hola Bogleheads, I'm 55yo and tapering down a career- maybe 2-4 years of part time work. I have 25X expenses saved, house to be paid off in a couple years, almost 2 of 3 done with college, and the 3rd has a well funded 529 plan. I'm currently in good health and do enjoy some active sports. When do y...
by Buzzhead
Mon Oct 19, 2020 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: Cash Balance boost vs Mortgage pay down
Replies: 2
Views: 385

Cash Balance boost vs Mortgage pay down

I'm in the final push to pay off my mortgage over the next couple years in anticipation of a debt free retirement. But being a Covid year of surprises, i have the option to modify my cash balance contributions if desired. I'm trying to figure out if I should add an extra 75K to the cash balance plan...
by Buzzhead
Thu Jun 18, 2020 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7991
Views: 557310

Re: Refinance Mega Thread

So far not impressed with Better.com. They seem worse to me and your"concierge" is a joke- always unreachable. I'd bail if it weren't for the $2500 amex credit after closing.
by Buzzhead
Sat Apr 11, 2020 10:07 am
Forum: Investing - Theory, News & General
Topic: How long after starting investing, did you start to be happy about the power of compounding?
Replies: 186
Views: 20273

Re: How long after starting investing, did you start to be happy about the power of compounding?

20 years. I invested about the same each year (25% salary which stayed flat with inflation) and now my returns dwarf my contributions. In fact, my plan is to now just coast until it feels right to retire. Any contributions now just don't seem to make much of a difference in the big picture. Instead,...
by Buzzhead
Fri Jan 24, 2020 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance cost
Replies: 98
Views: 7294

Re: Umbrella insurance cost

Dang. I'm paying State Farm $1700 for $3 million with 4 driver's, kids 23,20,13. I'm told it's good coverage.
by Buzzhead
Sat Dec 07, 2019 12:29 am
Forum: Personal Finance (Not Investing)
Topic: SS benefit ROI for working an extra year
Replies: 5
Views: 849

Re: SS benefit ROI for working an extra year

If the maximum SS taxable 2019 earnings of $132,900 were to completely replace an earlier $0.00 earnings year, the entire $132,900 will be averaged into your AIME (average indexed monthly earnings). The average over 420 months (35 years x 12 months/year) is $316.43 per month. (This also assumes tha...
by Buzzhead
Fri Dec 06, 2019 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: SS benefit ROI for working an extra year
Replies: 5
Views: 849

SS benefit ROI for working an extra year

I'm 54 and considering and early retirement. I've had max social security contributions for about 24 years. From what I've read, your social security benefit is based on the average of your 35 highest contributing years. Assuming no other contributions than the 24 max years, I'm gaining 1/35th more,...
by Buzzhead
Tue Jun 04, 2019 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at 56?
Replies: 34
Views: 6464

Re: Can I retire at 56?

What a wonderful resource this forum is. The collective wisdom and insights offered are so generous and appreciated. Human capital- a great point and definitely something I struggle with. I’ve spent decades getting to this point in my career where I’m valuable to my customers, colleagues and especia...
by Buzzhead
Mon Jun 03, 2019 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at 56?
Replies: 34
Views: 6464

Re: Can I retire at 56?

Appreciate all the feedback. Healthcare would need to come out of the above retirement income. The kids do concern me as well. How well do they all launch? A backup could be simply selling the 2nd home if in a bind. It’s hard to consider voluntarily leaving the role of provider for the family. The r...
by Buzzhead
Mon Jun 03, 2019 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at 56?
Replies: 34
Views: 6464

Can I retire at 56?

I’d like to quit my current high income job and feel free to volunteer or take a lower paying/more rewarding job if needed. I’m 55 and wife is a non-earner at 53. Current financials: Income $400K W-2 Savings- Taxable 1.3mill Roth 240K Retirement/tax deferred 1.8mill Share in businesss: equity 200k w...