Search found 2398 matches

by zaboomafoozarg
Sun Mar 17, 2024 8:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Announces CEO Retirement and Appointment of President
Replies: 371
Views: 34706

Re: Vanguard Announces CEO Retirement and Appointment of President

Ah good, I just noticed that one of my main annoyances with the new Vanguard UI appears to be gone.

The cost basis page once again lets me expand the list of individual lots for each security, all without having to go to a separate page for each security.
by zaboomafoozarg
Thu Mar 14, 2024 6:10 pm
Forum: Investing - Theory, News & General
Topic: 5M, probably enough to retire to a frugal lifestyle
Replies: 180
Views: 15186

Re: 5M, probably enough to retire to a frugal lifestyle

I remember reading here that between $9.5M and $13.5M should be enough for a $100k/year early retirement at 55.
by zaboomafoozarg
Fri Mar 01, 2024 5:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Announces CEO Retirement and Appointment of President
Replies: 371
Views: 34706

Re: Vanguard Announces CEO Retirement and Appointment of President

I was going to blame Vanguard's new UI issues on the Angular library, since I've had to work with it for years and it generally annoys me.

But I checked and Fidelity's UI is implemented with the same library. So I guess it's not the tool but how you use it :D

(I'd still prefer plain HTML/CSS with server-side rendering over all this dynamic Javascript stuff)
by zaboomafoozarg
Fri Mar 01, 2024 5:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Announces CEO Retirement and Appointment of President
Replies: 371
Views: 34706

Re: Vanguard Announces CEO Retirement and Appointment of President

The point is they did spend lots of money on a new UI. They just built a bad UI. Bad in so many ways as described in this thread and others. It doesn't seem that bad to me. A little annoying at times, but nothing I can't get around in a few seconds. Fidelity's auto-expanding of a row in the Positions table when I click on it to copy some text annoys me as much as anything on VG's site. Though actually I forgot - VG's new search autosuggests are junk, and probably a little more annoying that Fidelity's divs popping open. I hate the need to accommodate mobile. Web design and development was much better when small screens didn't have to be taken into account. I think the pinnacle was early 2000s style pages with as much date crammed onto them...
by zaboomafoozarg
Fri Mar 01, 2024 3:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Announces CEO Retirement and Appointment of President
Replies: 371
Views: 34706

Re: Vanguard Announces CEO Retirement and Appointment of President

ClevrChico wrote: Fri Mar 01, 2024 9:17 amI don't believe any of those asks require more money. A bad UX design isn't cheaper than a good UX design, for example.
It does seem like Vanguard has historically avoided spending money on UX though. IIRC, they still had an analysis tool on their site using some outdated technology (can't remember if it was a Flash app or a Java applet) years after every other site had moved on to something newer.

Not that I minded, it worked for me. I don't do mobile access or anything like that, so I would've been fine if they never redesigned the UX in the first place. The 2014 Vanguard site design was better than the 2024 site design in my book.
by zaboomafoozarg
Fri Mar 01, 2024 8:27 am
Forum: Investing - Theory, News & General
Topic: Vanguard Announces CEO Retirement and Appointment of President
Replies: 371
Views: 34706

Re: Vanguard Announces CEO Retirement and Appointment of President

When I looked at their software jobs years ago, the pay was considerably lower than what I could find even in a Midwest state.
by zaboomafoozarg
Mon Feb 19, 2024 10:30 am
Forum: Investing - Theory, News & General
Topic: How to Plan for Health Expenses With Retirement Far Away?
Replies: 17
Views: 1564

Re: How to Plan for Health Expenses With Retirement Far Away?

I plan to have a million real dollars specifically saved and invested for medical expenses before I start (hopefully early) retirement. This amount would be in addition to the normal retirement savings.
by zaboomafoozarg
Sun Feb 18, 2024 8:10 am
Forum: Investing - Theory, News & General
Topic: Settlement time for stock trades going to T+1 this year
Replies: 22
Views: 3569

Re: Settlement time for stock trades going to T+1 this year

Wow, it was T+3 for so long (and T+5 back in the 80s), amazing to see it going down to T+1!

Now if we could only find a way to make ACH settlement instant...
by zaboomafoozarg
Tue Feb 13, 2024 9:15 pm
Forum: Investing - Theory, News & General
Topic: Tax Deferred : Taxable : Tax Free
Replies: 260
Views: 22876

Re: Tax Deferred : Taxable : Tax Free

zaboomafoozarg wrote: Sat Nov 30, 2019 9:04 pm 44:36:20

Actually more taxable in there than I thought.

Now that I can do mega backdoor Roth IRA, it should overtake taxable eventually.
Well that didn't work out like I thought...

4 years later and I'm now at 39:42:19.

It turns out that even with a Mega Backdoor Roth IRA, there's only so much you can put in there.
by zaboomafoozarg
Sat Feb 10, 2024 10:04 pm
Forum: Investing - Theory, News & General
Topic: AVUV - PE ratio single digits [Avantis US Small-Cap Value ETF]
Replies: 104
Views: 7912

Re: AVUV - PE ratio single digits

Yesterdaysnews wrote: Sat Feb 10, 2024 6:37 pmI don't DRIP because this is taxable account money. Thus, VXUS basically has been dead money for 4 years.
Since I'm in the buying phase and not the selling phase, I don't see the price of VXUS staying the same for 4 years as a totally terrible thing.

Now granted, the fact that VTIAX has only grown 70% over the past 13 years versus VTSAX growing 370% in that same time is somewhat demoralizing.

But I decided to stick with this allocation for 30 years back in 2011, so I'll see where things are at 17 years from now.

I've got a decent amount of AVUV and AVDV, and I'll continue investing in both of those during that time.
by zaboomafoozarg
Tue Jan 23, 2024 10:41 am
Forum: Investing - Theory, News & General
Topic: More Evidence Against Factor Investing
Replies: 473
Views: 33847

Re: More Evidence Against Factor Investing

The more posts that get made like this, the more I think that I probably shouldn't sell out on my small/value tilt allocation.

I've had it for 10 years and I'll keep it for 15-20 more, then decide if I want to simplify for retirement.

Or maybe if they go on a really good run for a few years like the mid-2000s then I'll evaluate again.
by zaboomafoozarg
Sun Jan 14, 2024 9:54 pm
Forum: Investing - Theory, News & General
Topic: How did you make your first $1M?
Replies: 148
Views: 33606

Re: How did you make your first $1M?

It seems to me that some current Bogleheads are defining Bogleheads as those who have a NW of $XXX, or are in the top 10% of NW, or some other specific demarcation of NW. When Bogleheads started out, it was specifically and overtly stated as applying Boglehead principles (as explained in " The Boglehead Guide to Investing "). Following these principles could lead to reaching a high NW. These principles could be applied by anyone of any income or any NW. I have watched this evolution of (implied, implicit) meaning over the years with disappointment, as I suspect it is offputting to many Bogleheads of modest means who are asking for advice or information. It's kind of seemed that way all along to me. Even in the early 2010s I remem...
by zaboomafoozarg
Fri Dec 29, 2023 10:24 am
Forum: Investing - Theory, News & General
Topic: What was the investment climate like in the bull market 10 years ago?
Replies: 55
Views: 7262

Re: What was the investment climate like in the bull market 10 years ago?

Tamalak wrote: Fri Dec 29, 2023 8:00 am"I really hope people aren't tilting US due to recency" followed by a Vanguard chart predicting international outperformance.. I absolutely love it :D viewtopic.php?t=116710
Yep, investing in international has cost me a significant amount of money so far. International investors get mocked all the time around here and based on the last 10 years it's for good reason.

But I know if I switch then they'll finally have a few good years, so I'm keeping my allocation the same.
by zaboomafoozarg
Fri Dec 29, 2023 10:20 am
Forum: Investing - Theory, News & General
Topic: What was the investment climate like in the bull market 10 years ago?
Replies: 55
Views: 7262

Re: What was the investment climate like in the bull market 10 years ago?

Yeah… I remember thinking, “well, this recovered way too fast. We are all surely screwed..”. And then I did nothing. Thank god. I thought the same thing. The US market has done quite well over the last 10 years, much better than I expected. But other things have done even better. In 2013 a guy I know said that everything was going to crash and that I should put all my money in Bitcoin. He was wrong about the crash, but I'm still working and he retired in his early 30s as a multimillionaire. I also had the chance to buy a property that year for $300k but could barely afford the payments, so I passed. And now I could easily afford the payments and it's worth well over $1M. I've also been rebalancing into international and bonds for 10 years ...
by zaboomafoozarg
Sat Dec 16, 2023 10:37 am
Forum: Investing - Theory, News & General
Topic: Winning the game and Dry Powder
Replies: 157
Views: 25982

Re: Winning the game and Dry Powder

I always have what most people on this forum would call "too much" in my savings account and I Bonds. I guess that would qualify as dry powder?

Also, the more I play the game, the more I don't think it's possible to win the game.
by zaboomafoozarg
Sun Dec 03, 2023 8:51 pm
Forum: Investing - Theory, News & General
Topic: Firecalc.com - What is acceptable percentage?
Replies: 77
Views: 9855

Re: Firecalc.com - What is acceptable percentage?

watchnerd wrote: Sun Dec 03, 2023 6:12 pmWon't you be at only 0.5X during the worst 10 year performance whether you die at 65 or not?

How catastrophic that is depends on how much of your COL will be covered by Social Security.
Once pension kicks in at age 65 and SS shortly thereafter, they should be enough to cover my normal COL. So things should get easier if the previous 10 years was rough.

And I could keep working too, if my brain can handle it. When I first joined here I dreamed of retiring at 40 or 45, but over time this forum knocked some sense into me. I save as much as I can, assume the worst, and moved my goal to 55 but could move it back to 65 if needed.
by zaboomafoozarg
Sun Dec 03, 2023 5:49 pm
Forum: Investing - Theory, News & General
Topic: Firecalc.com - What is acceptable percentage?
Replies: 77
Views: 9855

Re: Firecalc.com - What is acceptable percentage?

It means you worked too long and saved too much..... Ask me how I know. Firecalc says i am at 100% with the odds of leaving 3 to 7 times more than i retired with.. I don't necessarily see this as success. I am not going to lay on my deathbed wishing i made an extra million. I may wish I retired sooner and stopped working "one more year" and had more life experiences outside work or spent more time with family. I'm torn by this. Even though I haven't retired, future FIRECalc/cFIREsim projections are that I'd end up with 3x if I live to 75 and 6-8x if I live to 95, even while giving maximum tax-free gift amounts to a handful of people for a couple decades. But if only live to 65 and if markets match the worst 10-year performance, I...
by zaboomafoozarg
Fri Dec 01, 2023 10:50 pm
Forum: Investing - Theory, News & General
Topic: Firecalc.com - What is acceptable percentage?
Replies: 77
Views: 9855

Re: Firecalc.com - What is acceptable percentage?

coffeeblack wrote: Fri Dec 01, 2023 12:03 pm
zaboomafoozarg wrote: Tue Nov 28, 2023 8:22 am I'm aiming for 100% so will probably use 2.5% as a SWR.
So how do you know 2.5 % will work. Are you 100% sure it will have 100% success rate?
Nothing is certain, but 2.5% would've worked perpetually in all retirement start dates going back 100 years.

Recently it was calculated by Ben Felix that 2.7% has replaced the new 4% as the safe withdrawal rate.
by zaboomafoozarg
Tue Nov 28, 2023 8:22 am
Forum: Investing - Theory, News & General
Topic: Firecalc.com - What is acceptable percentage?
Replies: 77
Views: 9855

Re: Firecalc.com - What is acceptable percentage?

I'm aiming for 100% so will probably use 2.5% as a SWR.
by zaboomafoozarg
Fri Nov 10, 2023 5:24 pm
Forum: Investing - Theory, News & General
Topic: 8% SWR!
Replies: 112
Views: 13060

Re: 8% SWR!

z3r0c00l wrote: Thu Nov 09, 2023 10:01 pmNot totally crazy imho, there is a bias around here towards excessive frugality to the point of possibly not enjoying life due to hoarding of huge amounts of money. Lots of threads here that sound like "I am 55 years old with 8.7 million, two homes paid off, and a salary of $600K before bonus, worried about money, can I retire yet?"
I'd much rather err on the side of $8.7M than the side of $0. 2.5% SWR for me.
by zaboomafoozarg
Sat Aug 05, 2023 3:07 pm
Forum: Investing - Theory, News & General
Topic: Short Bernstein Interview w/WSJ
Replies: 5
Views: 954

Re: Short Bernstein Interview w/WSJ

iceport wrote: Sat Aug 05, 2023 1:18 pmI'm still not sold on the conservative portfolio "burn rate" advocated, however...
Bernstein's "Retirement Calculator from Hell" is the reason I've been planning for a 2% or 2.5% withdrawal rate since shortly after I discovered this forum.

His predictions of a massive slowdown didn't really seem to apply in the last decade, but I hold no hope for decent returns over the next 50 years.
by zaboomafoozarg
Sat Jul 22, 2023 2:30 pm
Forum: Investing - Theory, News & General
Topic: Millennials Need 3-4 Million To Retire
Replies: 504
Views: 59914

Re: Millennials Need 3-4 Million To Retire

Firemenot wrote: Sat Jul 22, 2023 9:43 am75X! That’s just not rationale. And at a certain point no amount will be enough if there are the true black swan events you seem to be worried about.
But for a 75% stocks/25% bonds portfolio, 75x turned into about 25x in just a few years during the Great Depression. And something like that could happen again.
by zaboomafoozarg
Sat Jul 22, 2023 9:38 am
Forum: Investing - Theory, News & General
Topic: Millennials Need 3-4 Million To Retire
Replies: 504
Views: 59914

Re: Millennials Need 3-4 Million To Retire

sjt wrote: Thu Jul 20, 2023 12:04 pmLikely has spent so much time working, no longer has any identity / aspirations / personal goals outside of..... constantly working.

To me, that's even scarier than running out of money in retirement.
I've seen both play out, and I'll take no personal time while working over running out of money in retirement any day.

Once I save up 75x of my expenses, I'll be able to retire and hopefully have the time and ability to figure out what I want to do.
by zaboomafoozarg
Thu Jul 13, 2023 7:51 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Now Owns $560 Million Worth of Bitcoin Mining Stocks
Replies: 35
Views: 6763

Re: Vanguard Now Owns $560 Million Worth of Bitcoin Mining Stocks

Vanguard has over $7T AUM though, so $560M is less than 0.01% of their holdings.
by zaboomafoozarg
Thu Jul 13, 2023 5:07 pm
Forum: Investing - Theory, News & General
Topic: Millennials Need 3-4 Million To Retire
Replies: 504
Views: 59914

Re: Millennials Need 3-4 Million To Retire

atdharris wrote: Thu Jul 13, 2023 4:06 pm Not shocking. You're going to need much more than $1M to retire in 10-15 years. You need more than that now most likely unless you are frugal and/or the market goes on another bull run.
Almost everyone I know or am related to has retired with about $100-200k tops.

SS pays for almost everything, and investments are spent only when you need to make a rare major purchase (home repair, appliance replacement, used vehicle every 10 years, etc).
by zaboomafoozarg
Tue Jul 11, 2023 4:28 pm
Forum: Investing - Theory, News & General
Topic: New fee for Vanguard mutual [and brokerage accounts - July 2023 updates]
Replies: 2094
Views: 215616

Re: Vanguard will charge $25/year for paper statements

There's always Adobe Reader and a printer if you really want a printed copy.

I've never gotten paper mail from them for anything in the 15ish years I've had my account.
by zaboomafoozarg
Tue Jul 11, 2023 10:58 am
Forum: Investing - Theory, News & General
Topic: Millennials Need 3-4 Million To Retire
Replies: 504
Views: 59914

Re: Millennials Need 3-4 Million To Retire

Garco wrote: Tue Jul 11, 2023 10:48 amWhat one "needs to retire" does not define when one should retire. There's so much that one can do in a lifetime that "retiring" is not the goal that either one is looking forward to.
Retiring became my goal 6 months after graduating from college. I created an account here to figure out how to stop working ASAP.
by zaboomafoozarg
Tue Jul 11, 2023 10:46 am
Forum: Investing - Theory, News & General
Topic: Millennials Need 3-4 Million To Retire
Replies: 504
Views: 59914

Re: Millennials Need 3-4 Million To Retire

gwu11 wrote: Tue Jul 11, 2023 8:22 am$1MM by age 40 is actually reasonable if you're looking to be well off by retirement age, don't know why we have so many skeptics here.
I was surprised too. In some career forums like those for software development, people consider anything below $2M at age 40 to be falling behind.

I remember reading a comment here once that $500k annual income is a reasonable target for anyone to attain at 35 years old. Just do whatever it takes to hit that number.

So, I failed in that regard :(
by zaboomafoozarg
Fri Jul 07, 2023 10:34 pm
Forum: Investing - Theory, News & General
Topic: What is good enough?
Replies: 50
Views: 8301

Re: What is good enough?

carminered2019 wrote: Fri Jul 07, 2023 1:05 pm Good enough for me is when I can live off 100% on dividends or a 1.5% SWR.
That's about the same as my goal too.

When it comes to accumulation, my "good enough" number has kept increasing faster than my savings.

I've already reached my initial goal but my new goal is 4x of that. Maybe when I reach that, I'll be able to take it easy.
by zaboomafoozarg
Sun Jun 11, 2023 11:36 am
Forum: Investing - Theory, News & General
Topic: How much to have saved by age
Replies: 16
Views: 4356

Re: How much to have saved by age

Triple digit golfer wrote: Fri Apr 10, 2020 7:57 amI have read a handful of his articles and the advice seems sound most of the time. A few head scratchers, though.
His car rule made me chuckle - "spend no more than 1/10th your gross annual income on the purchase price of a car".

It took 8 years for my income and the car I bought 11 years ago to follow that rule!
by zaboomafoozarg
Sat Jun 10, 2023 1:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Personal Rate Of Return Calculation Is Embarassing
Replies: 73
Views: 8056

Re: Vanguard's Personal Rate Of Return Calculation Is Embarassing

They could make it clearer that the RoR stops at the end of last month, but I don't really think it's a big issue. It has certainly never impacted my decision-making process.

Maybe now that the whole site redesign seems to be done, they'll have time to work on less pressing issues like that.

I checked my Fidelity account to compare and I can't even find any historical data about my account beyond 2 years ago, and no RoR numbers at all. It's probably in there somewhere but not in the 10 or 15 pages I checked.

Ahh there it is, hidden under a "..." link on the main page. Fidelity defaults to monthly but does let me select daily if I want it.
by zaboomafoozarg
Sun Jun 04, 2023 10:14 am
Forum: Investing - Theory, News & General
Topic: AQR warning: time to rotate to International?
Replies: 39
Views: 4346

Re: AQR warning: time to rotate to International?

Eh, I always keep it at roughly the all-world market weight (60/40 US/international).

In hindsight this has been suboptimal for the past decade and a half, but maybe someday it'll turn around.
by zaboomafoozarg
Mon May 08, 2023 9:27 pm
Forum: Investing - Theory, News & General
Topic: Virtual keyboard @ Treasury Direct going away?...finally!
Replies: 48
Views: 6227

Re: Virtual keyboard @ Treasury Direct going away?...finally!

samsoes wrote: Tue May 02, 2023 9:03 am I hope the bring back the secret decoder card. I still have mine!
LOL I still have mine as well. When I opened my TD account over 10 years ago and got that card in the mail, it felt like I was opening a box of kids' cereal or something.
by zaboomafoozarg
Mon May 08, 2023 9:26 pm
Forum: Investing - Theory, News & General
Topic: Virtual keyboard @ Treasury Direct going away?...finally!
Replies: 48
Views: 6227

Re: Virtual keyboard @ Treasury Direct going away?...finally!

I've never bothered trying to sync TreasuryDirect with an aggregator since it only changes once a month.
by zaboomafoozarg
Mon May 01, 2023 12:30 pm
Forum: Investing - Theory, News & General
Topic: Munger - Golden Age of Investing is Over
Replies: 154
Views: 18925

Re: Munger - Golden Age of Investing is Over

It wouldn't surprise me, and I use very low predicted returns and safe withdrawal rates as a result.

It feels like the good days are definitely over.
by zaboomafoozarg
Sat Apr 29, 2023 9:55 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri surprised me a bit
Replies: 75
Views: 20252

Re: Rick Ferri surprised me a bit

I eventually discovered this advice and switched to doing roughly the same AA in every account.

But I really wish I would've known about it from 2011 to 2014/15, when I was putting basically ALL my bond allocation in my Roth IRA.

:oops:
by zaboomafoozarg
Mon Apr 03, 2023 7:05 am
Forum: Investing - Theory, News & General
Topic: 2023 Estimated Tax Worksheet question.
Replies: 10
Views: 1148

Re: 2023 Estimated Tax Worksheet question.

I think it's possible to tell TurboTax to not generate or print the vouchers, so maybe that's what's happened? I know this is a possibility for local taxes vouchers in TurboTax.

I usually generate the 1040-ES vouchers in TurboTax but then ignore them, and instead calculate last quarter's taxes based on earnings and then make direct payments on EFTPS for the calculated amount. Just did it for Q1 '23 this weekend.
by zaboomafoozarg
Tue Feb 28, 2023 5:32 pm
Forum: US Chapters
Topic: Searching for Lost Contributors
Replies: 537
Views: 138180

Re: Whatever happened to Market Timer?

He's still around, and last posted in September 2022: viewtopic.php?p=6883620#p6883620

He made a couple million bucks and was able to retire in his 30s, then went back to work: viewtopic.php?p=4111763#p4111763
by zaboomafoozarg
Sat Feb 18, 2023 10:18 pm
Forum: Investing - Theory, News & General
Topic: *Update* Melancholy Tale: Parents Had Pension, Social Security, SPIA & TIPS, but …
Replies: 282
Views: 48704

Re: Melancholy Tale: Parents Had Pension, Social Security, SPIA & TIPS, but …

I am saving over 60% of my income and not planning to retire until I get at least 75x expenses, mainly to help family avoid a situation like this.

Shortly after I joined this forum I did the math and realized that things could easily end up like this. So I got promoted, changed companies, began to live more frugally and started a side business.

It's been tough and I've unfortunately made some suboptimal decisions, but I haven't given up.
by zaboomafoozarg
Mon Feb 06, 2023 8:12 am
Forum: Investing - Theory, News & General
Topic: Portfolio swings when working compared to retired
Replies: 98
Views: 9109

Re: Portfolio swings when working compared to retired

HomerJ wrote: Fri Feb 03, 2023 2:23 pmI can tell that living through market downturns when PULLING money is going to be harder than living through market downturns while still working and ADDING money.
I know that swings like this will eat me alive if I don't over-save for retirement.

So I'm working a job I hate to get a pension that will pay half of my expected retirement expenses.

And by the time I get the pension to that level, my investments should allow for a 1% withdrawal rate (at most) once the pension and SS kick in.
by zaboomafoozarg
Fri Jan 20, 2023 10:31 pm
Forum: Investing - Theory, News & General
Topic: [Debt ceiling discussion mega-thread]
Replies: 1286
Views: 128348

Re: [Debt ceiling discussion mega-thread]

Beensabu wrote: Fri Jan 20, 2023 10:24 pmAre people scared? I'd say some people are highly concerned. And others are completely unaware. Some who are aware are somewhat concerned, and yet others are unconcerned. And there are even others who are pleased. I dare say some who are thrilled. It's really the full gamut.
I'm mildly concerned. I recently moved what would be a 20% house down payment into VMFXX, and it would be a shame if something happened to it.

Perhaps I should move it back to my FDIC bank account paying 0.05% interest... or open an Ally account and move it there instead.

Or maybe buying FDIC insured short-term CDs through Vanguard's CD brokerage would be easier.
by zaboomafoozarg
Sun Jan 01, 2023 12:01 am
Forum: Investing - Theory, News & General
Topic: Good riddance to bad rubbish - 2022
Replies: 16
Views: 2729

Re: Good riddance to bad rubbish - 2022

I have no hopes of 2023 being any better.
by zaboomafoozarg
Fri Dec 30, 2022 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 4273
Views: 1072299

Re: Share your networth progression

stoptothink wrote: Fri Nov 18, 2016 3:49 pm
zaboomafoozarg wrote: Wed Nov 16, 2016 9:42 pm I thought I was doing alright until I read this thread, LOL.
My wife and I are in the 95th percentile for net worth in our age groups on every calculator I've ever played with. Here; I'm not even going to bother posting.
Haha, I just saw this thread bumped, went to check my old comment here, and saw you just commented again today. Congrats on making it to the point of posting here!

I have not yet, but maybe in 20 years. I used to dream about early retirement but I'm starting to realize that's meant for people with a lot more ambition than I've got. If I can get out by 60 I'll consider that a win.
by zaboomafoozarg
Mon Dec 26, 2022 12:45 pm
Forum: Investing - Theory, News & General
Topic: Income $120,000, taxes $0 in 2023
Replies: 41
Views: 10448

Re: Income $120,000, taxes $0 in 2023

Lee_WSP wrote: Mon Dec 26, 2022 11:17 am 90k of QDI requires a lot of money invested. What's the point of having worked and saved so hard to not spend it?

Also, no conversions? How long are you going to milk the zero tax lifestyle? Don't let the tax tail wag the dog. There's more to life than paying no taxes.
Spending will be for my nieces and nephews. They're hopefully going to have way more fun in life than me.
by zaboomafoozarg
Sun Dec 25, 2022 10:07 am
Forum: Investing - Theory, News & General
Topic: Are We in a new Regime? (Blackrock 2023 Global Outlook)
Replies: 31
Views: 6244

Re: Are We in a new Regime? (Blackrock 2023 Global Outlook)

I do feel like the good days are over.

But I guess I would rather be working during the bad days than retiring at the start of them.

Maybe the good days will come again in 10 or 20 or 30 years.
by zaboomafoozarg
Thu Dec 22, 2022 3:07 pm
Forum: Investing - Theory, News & General
Topic: "A 20% loss won't matter in 20 years"
Replies: 91
Views: 10918

Re: "A 20% loss won't matter in 20 years"

Hyperchicken wrote: Thu Dec 22, 2022 12:23 pm People love coming up with concepts and ideas that help them coping with loss.

It won't matter long-term, everything that happens happens for the best, etc., etc.

If you lost 20%, you will have 20% less forever, before counting new contributions.
I prefer "a 20% loss won't matter in 50 years because I'll be dead".
by zaboomafoozarg
Fri Dec 16, 2022 8:20 am
Forum: Investing - Theory, News & General
Topic: Bogleheads Mostly Employees?
Replies: 79
Views: 7176

Re: Bogleheads Mostly Employees?

I'm both full-time W2 as well as a side job that takes up my weekends.

The only way I can keep up with the Bogleheads Joneses is to work two jobs! :D

Even with that, my income and net worth is probably behind where it should be.
by zaboomafoozarg
Sun Dec 11, 2022 7:51 pm
Forum: Investing - Theory, News & General
Topic: "It doesn't move the needle"
Replies: 130
Views: 16708

Re: "It doesn't move the needle"

The phrase “it doesn’t move the needle” is very applicable to a decision I need to make in the next year. I’m eligible for a pension soon and for every month I stay past my eligibility date, I gain an extra $28 in monthly pension benefits. I’m considering staying another 8 to 9 months which would earn me another $225-$250 per month. I’m fortunate enough to continue to ask myself doesn’t this really move the needle in my life. The reality is I’d prefer to leave when I’m eligible but I’m very tempted to stay longer. That money could be used to pay a couple of bills in our household. This is probably while I won't be able to retire early, despite my original dream to do it. My pension payments will be so much higher if I put in 30 years inste...