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Buckeye

Are your retirement accounts all Roth type? If not then you'll owe taxes on some or all of it. So IMO actual true value of retirement accounts is probably smaller than listed.

Buckeye

No inheritance. No windfall. We've never made six figures...combined.....and we still chose one parent stay at home full time. Zero savings for years.

Not really even close. Well worth it.

Buckeye

We bought new Speed Queen washer and dryer less than two years ago. Noise and vibration issues galore. I need to call them out for dryer again soon...probably will need a new drum. Rollers already replaced. Good thing I have a 5 year warranty (got in on a special that added two years). I'm aware I a...

Buckeye

We bought a new dryer and a new washer about 11 months ago.....both Speed Queen. Unfortunately in our case they have both been disappointing. (First call about 8 months ago was for a bad bearing that was replaced. Several months later the call was for the washer which needed a new spring (spin cycle...

Buckeye

Well, I hinted to my wife that we were close last night. I re-calculated it this morning, and my work 401K numbers must not have adjusted until after 6:00 last night. But after the adjustment, I gained another $600 or so and that put us over the 1,000,000 total. I really wanted to know the exact da...

Buckeye

Stay at home! Though she only worked part time she did have outstanding benefits, so it stung quite a bit when she quit. Actually I wanted us both to work part time instead of her quitting but it wasn't feasible for me....though I got to work plenty of 32 hour weeks instead of 40+.

Buckeye

My wife went from 25-30 hours to about 20 hours after first kid was born and I went from 44-48 to 40 and we did part time daycare. After second kid my wife quit altogether.....and I continue to work 40 (no p/t option for me) No regrets. I just asked my wife if she misses work....and she said not at ...

Buckeye

Zero savings until 30 and negative net worth until 35. We've never made six figures...combined...and no inheritances. With one modest non-cola pension...we should be able to retire at 60-62.

Buckeye

I just replaced mine after 13 years.

The new pump along with some new pipe and cement cost me about $125 and about 3 hours of time including store trip and some quick comparison shopping. Menards store brand...Barracuda.

Buckeye

IMO Tax dodging.

I had a contractor years ago that charged 20% more if you didn't pay with cash.

Buckeye

In your case I'd say keep renting and keep maxing.

Don't buy a home for the wrong reasons.

Buckeye

Winter 69 during day and 67 at night. Natural gas.

Buckeye

We usually make contributions once per year around Feb. (bonus time for me)

Buckeye

Our NW reached zero at around 35 and hit 100k around 40.

(no inheritances and we always make <6 figures combined)

At almost 50 we have recently dropped our savings quite a bit to enjoy 'in the now' more.

Buckeye

I dropped my retirement savings to about 10k a year. My wife now saves only 2k a year in a Roth. We were saving 22k a year recently. We are both approaching age 50 with no inheritances, a minimal future pension, and minimal taxable. As the taxable grows we spend it down. We want to live (and spend) ...

Buckeye

Only ever maxed out one year... and we were in our early 40's.

Buckeye

I get about 15 haircuts a year. $12 + $3 tip.

Buckeye

You could consider your retirement fully funded! Just use withdrawals from your account to fully fund your Roths every year and to offset your reduced net take home pay that will happen when you fully fund your 401ks. Must feel neat to be done saving for retirement in your 20's! Though not very tax ...

Buckeye

I consider this Monday being the 31st and next Monday being Labor day.

Buckeye

In our mid and upper 40's.....been 50/50 for years.

Love the simplicity.

We'll probably change our allocation once roughly 15 years from now to 1/3 and 2/3......or to 1/4 and 3/4.

Buckeye

6%

Vast majority in the form of gifts during my 20's and 30's. Very little total inheritances.

Buckeye

Yes you have enough to retire rather easily.

Buckeye

Core here since it opened.

I'm guessing probably time to dump it now.

Buckeye

Yes.

I didn't start using credit cards until I was over 35. And absolutely no doubt about it....I spend a little more now because of the cards. But I don't consider that a bad thing.

Buckeye

Since you are interested in either consulting or working fun jobs after you "retire"....the answer is an easy NO.

Buckeye

Most women are attracted to conspicuous consumption, particularly if the spending is on them, and especially so when it involves a possible mate.

Make her happy and buy it.

Buckeye

I'm surprised so many people tip percentage. Person 1 at a table orders a $10 pasta dish. Person 2 orders a $30 steak. Same amount of interaction with the wait staff. Think drinks too. Person 1 orders Bud. Person 2 orders Chimay. Same work for the bartender/waiter. Why tip differently? I tip on qua...

Buckeye

About 7 years ago my wife said would we should by stock in this new eatery that had opened up nearby.

She loved the food!

I did my investigation and analysis and determined that we had already missed the easy money and that Chipotle stock wasn't going much higher anytime soon.

Buckeye

Nothing.

We have never maxed out our retirement savings and probably never will.

Buckeye

Used? You can afford a new S5 or Cayman.

Go for it!

Buckeye

Roughly 300 for us.

Buckeye

3 with total annual fees of about $220.

Buckeye

Can she work?

My Mom went back to work at 66 for 11 more years working part-time in a restaurant kitchen. She made an additional 4-7k annually during those years....and really enjoyed it for the most part.

Buckeye

I'm seeing the same thing. It seems like most of the newer kids (age 20's) where I'm at are definitely active in retirement savings. One I started working with early last year started at 19 in 2007 while in college and hit six figures saved well over a year ago before he was 25.....all the while enj...

Buckeye

Nope.

Not a millionaire AND new car shopping to boot.

Buckeye

I just visited a ENT doctor recently who examined me for several minutes and suggested a procedure to be done on a different day. A couple weeks later I got a statement from my insurance showing charges of over $600 including a $400 one for surgery. I called insurance company and mentioned the surge...

Buckeye

I was about 32 and my wife was almost 30. Our net worth remained negative for the first 3 years or so.

Buckeye

I'd say do it.

They may have changed it a bit in 2012, but that's minor to what will most likely happen in the future IMO.

Buckeye

Yeah home equity should help out. My in-laws are broke finally after having sold there house and spending all the home equity they got....mostly on vacations. Hey you can NOT take it with you...so I'm glad they enjoyed their 60's immensely. They have enough steady income to take of themselves till t...

Buckeye

Yes it does.

Buckeye

This will also drastically impact your mating opportunities.

Then again it might help. I met my wife over 20 years ago while unemployed (and in debt). Had I been working with much less free time...I doubt I would have ever met her.

Buckeye

I had a friend who quit a stable engineering job in Ohio in his late 20's back in the 1980's. After quitting he spent about two years traveling and working odd jobs. He spent roughly a year in Montana and eventually made his way to Alaska. Shortly thereafter he re-entered the engineering profession,...

Buckeye

Having $13.9 million in cash. Maybe 139 each adding $10,000 or 1,390 people each adding $1,000.

people (or amount) X10

Buckeye

About 25% of our grocery and toiletry shopping is done at a regional chain store that does not take credit cards to keep costs down. And I hate writing checks.

Buckeye

I think I was 39. We've never made 100k combined in a year yet (she works p/t) and might never actually do so.....and zero inheritances.

Buckeye

We use credit cards a lot. Total annual fees on our 3 cards are about $220. And every year or so when I do the math they are more than justified (vs. strictly no annual fee options).....for the way we use them. But I make no mistake in realizing they indeed do influence our spending. Absolutely no d...

Buckeye

I had a blast during my 20's which ended with zero savings at 30 and a negative net worth for several more years after that. Absolutely no regrets. We have never made 6 figures....combined! We buy new cars every decade. We spend hundreds a month eating out and thousands a year traveling. Zero inheri...

Buckeye

Federal, State, local all in one hour max.

Already got both refunds last week. State early in the week and Fed a few days later. Was part of a pilot program that allowed for early e-filing though IRS didn't process filing till the 31st.

Buckeye

68 or 69 during the day and usually 67 at night.

Buckeye

I use simple SS calculator to get value at 62.
Then I divide by 0.7 to get FRA at 67.
Then I multiply by 1.24 to get delayed value at 70.

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