Search found 2132 matches

by flyingaway
Fri Apr 19, 2019 11:35 pm
Forum: Personal Consumer Issues
Topic: For those who like travel, when did you retire and where are the most exciting places you travelled to?
Replies: 27
Views: 1413

Re: For those who like travel, when did you retire and where are the most exciting places you travelled to?

.. when did you retire.... (Your financial situations may also help, if you don't mind). Retired in 2015 when I was 58, pretty middle class compared to a lot of posters here so the travel budget is a factor. I started traveling more when I was in my early 50's I usually pick where to go based on wh...
by flyingaway
Fri Apr 19, 2019 11:32 pm
Forum: Personal Consumer Issues
Topic: For those who like travel, when did you retire and where are the most exciting places you travelled to?
Replies: 27
Views: 1413

Re: For those who like travel, when did you retire and where are the most exciting places you travelled to?

We retired 4 years ago, sold everything and bought a class A motor home. We spend half our time traveling and half volunteering at interesting locations. We travel slowly. A couple hundred miles down the road is someplace new. It took us two years to do the west coast. Volunteering keeps us active ...
by flyingaway
Fri Apr 19, 2019 9:00 pm
Forum: Investing - Theory, News & General
Topic: This could be the biggest risk that retirees face?
Replies: 96
Views: 6120

Re: This could be the biggest risk that retirees face?

Money is the last thing I want to worry about at 100. Hope Medicaid will take care of me if I run out of money then. But I do plan to have surplus.
by flyingaway
Fri Apr 19, 2019 8:58 pm
Forum: Personal Consumer Issues
Topic: For those who like travel, when did you retire and where are the most exciting places you travelled to?
Replies: 27
Views: 1413

Re: For those who like travel, when did you retire and where are the most exciting places you travelled to?

Semi-retired. We were in St. Petersburg (Russia, not Florida) for two days as a cruise port. Fascinating place, if you are interested in history. Also recommend Rome, Italy and London, England for the same reason. I guess that you do not need a visa to visit St. Petersburg. What cruise did you do?
by flyingaway
Fri Apr 19, 2019 8:56 pm
Forum: Personal Consumer Issues
Topic: For those who like travel, when did you retire and where are the most exciting places you travelled to?
Replies: 27
Views: 1413

Re: For those who like travel, when did you retire and where are the most exciting places you travelled to?

Great question !!!!! I am retired. Been nowhere. Newbie traveller "wanna be" trying to make plans. Where are great places to travel to? Cruise? We only do cruise with families of friends, usually at least three families, so that we could play cards together. Plane? At this time, I only consider ove...
by flyingaway
Fri Apr 19, 2019 6:30 pm
Forum: Personal Consumer Issues
Topic: For those who like travel, when did you retire and where are the most exciting places you travelled to?
Replies: 27
Views: 1413

For those who like travel, when did you retire and where are the most exciting places you travelled to?

The title says everything.
I'm not fully retired, but travel is the thing to which I want to retire.
(Your financial situations may also help, if you don't mind).
by flyingaway
Fri Apr 19, 2019 11:53 am
Forum: Personal Consumer Issues
Topic: After financial independence, do you play credit card bonus games?
Replies: 83
Views: 5242

Re: After financial independence, do you play credit card bonus games?

Cycle wrote:
Fri Apr 19, 2019 10:37 am
Till the day I die

Just got the Southwest companion pass +30k miles.
Too bad Southwest does not fly to my city.
by flyingaway
Fri Apr 19, 2019 8:52 am
Forum: Personal Finance (Not Investing)
Topic: When did you start spending more and saving less?
Replies: 76
Views: 4372

Re: When did you start spending more and saving less?

Like others stated, When we retired. I agree as I have been retired for 11 years and I cannot spend down my portfolio. I save nothing and spend every dime from my investments and pension on the new love of my life, my book writing projects, taxes for a civilization that I enjoy, house upgrades, wor...
by flyingaway
Fri Apr 19, 2019 8:17 am
Forum: Personal Finance (Not Investing)
Topic: When did you start spending more and saving less?
Replies: 76
Views: 4372

Re: When did you start spending more and saving less?

I though I answered this one yesterday, apparently it did not stay.

When I started doing OMY it was the time that I started spending more. If I don't retire after financial independence, I just start to enjoy retirement-like life: more travel and better quality purchases.
by flyingaway
Fri Apr 19, 2019 8:12 am
Forum: Personal Consumer Issues
Topic: After financial independence, do you play credit card bonus games?
Replies: 83
Views: 5242

Re: After financial independence, do you play credit card bonus games?

Really good discussion topic. Thanks for posting. Yes, I do for miles and hotel points but with some basic groundrules: I never pay an annual fee or interest or late payment penalty. I used to have this rule too but realized it was a bit shortsighted. The two cards I keep despite the annual fee are...
by flyingaway
Tue Apr 16, 2019 12:11 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you play credit card bonus games?
Replies: 83
Views: 5242

Re: After financial independence, do you play credit card bonus games?

OP, I see your point better now. Once a person is FI it is possible they're less inclined to deal with the loss of simplicity that cc bonus requires except for maybe the really good offers. Personal preference for sure. I'm still willing to play the game for now. Yes. That's the point. Playing cred...
by flyingaway
Mon Apr 15, 2019 7:00 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you play credit card bonus games?
Replies: 83
Views: 5242

Re: After financial independence, do you play credit card bonus games?

I have played the travel rewards credit card bonus game both before and after financial independence. I guess I don't really understand why FI makes a difference. It takes minimal time and it's free money/travel. Take a free online course like https://www.travelmiles101.com/ and it makes the game e...
by flyingaway
Mon Apr 15, 2019 6:58 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you play credit card bonus games?
Replies: 83
Views: 5242

Re: After financial independence, do you play credit card bonus games?

wootwoot wrote:
Mon Apr 15, 2019 1:38 pm
Why wait until financial independence?
I was wondering if people with financial independence might no longer be interested in such small amounts of money.
by flyingaway
Mon Apr 15, 2019 9:53 am
Forum: Personal Consumer Issues
Topic: After financial independence, do you play credit card bonus games?
Replies: 83
Views: 5242

After financial independence, do you play credit card bonus games?

For me, after achieving financial independence, I only apply for credit card offers with personal invitations, for amounts equal to or greater than $400.
(I probably should not play the game any more, but sometimes an offer comes with a feeling of money found on the sidewalk.)
by flyingaway
Thu Apr 11, 2019 6:15 pm
Forum: Personal Consumer Issues
Topic: Are Airport Lounges Worth the Money?
Replies: 95
Views: 8031

Re: Are Airport Lounges Worth the Money?

I'm a little surprised it only costs holding cards that cost annual fees around $300- $600. Many of my kid's sports/ dance stuff cost more then that. That cost seems pretty cheap to me if you spend more then 2-3x at an airport per year. I'm surprised there are not elite airport lounges that cost mo...
by flyingaway
Wed Apr 10, 2019 9:26 pm
Forum: Personal Consumer Issues
Topic: If you have a serious health problem, do you retire or?
Replies: 50
Views: 6262

Re: If you have a serious health problem, do you retire or?

I have had two friends with cancer work and not retire. - One was on LT disability, but still employed. - One was on ST disability, still employed, and came back to work during some of her "good" months. Both died while still employed. One big issue for them both is they wanted something to "aim" f...
by flyingaway
Wed Apr 10, 2019 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 522
Views: 56644

Re: Fidelity as a one stop shop

Just switched over my payroll direct deposit to FIDO CMA. USAA is now just an insurance company for me. Although I am going to keep their 2.5% unlimited cash back CC for now. And I walked my wife through our new setup now that everything is at FIDO and she liked it. At least she feigned interest in...
by flyingaway
Wed Apr 10, 2019 12:23 pm
Forum: Personal Consumer Issues
Topic: Are Airport Lounges Worth the Money?
Replies: 95
Views: 8031

Re: Are Airport Lounges Worth the Money?

Here is how the lounge pays off. When flying somewhere instead of having to make breakfast at home and cleaning up after ourselves before we fly, we just make coffee, leave and then eat at the lounge. Same thing when we come home. Usually on the return flight we are tired and don’t want to cook. In...
by flyingaway
Wed Apr 03, 2019 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Adjusting to lower compensation from a retirement job
Replies: 42
Views: 1700

Re: Adjusting to lower compensation from a retirement job

Do benefits jobs really exist? If they do, can't hurt to try one. Not really sure, Starbucks and HomeDepot were once famous for this but that really isn't likely something I could deal with very long. It may be for me that retirement is a binary decision but I thought the option was worth exploring...
by flyingaway
Wed Apr 03, 2019 10:55 am
Forum: Personal Investments
Topic: allocation change with "winning the game"
Replies: 39
Views: 3582

Re: allocation change with "winning the game"

Why not increase your spending level, so that your failure rate will be greater then 0?
You would be happy to do what you are used to, and have more money to spend.
by flyingaway
Tue Apr 02, 2019 10:32 am
Forum: Investing - Theory, News & General
Topic: Make sure your retirement investment plan includes being fired from your job in your 50s
Replies: 285
Views: 16299

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

Live below your means, save and invest, and achieve financial independence as early as possible without sacrificing your quality of life.
Many things will happen in your life, if you are prepared, they will not dramatically affect your life.
by flyingaway
Mon Apr 01, 2019 7:46 pm
Forum: Personal Consumer Issues
Topic: Redoing lawn with bermuda
Replies: 25
Views: 2147

Re: Redoing lawn with bermuda

Here's a multi-part tutorial on how to kill your current grass and start over with bermuda seed: https://www.youtube.com/watch?v=z7ZSljkGv1o&list=PLaXBkM4qrjeqrWXkwLyCt8XJznIwlkUYb Wow, I just watched more of his videos. He put in a ton of time and got pretty poor results. I'm going to have a pro c...
by flyingaway
Mon Apr 01, 2019 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: When to take social security for maximum inheritance?
Replies: 31
Views: 2772

Re: When to take social security for maximum inheritance?

delamer wrote:
Sun Mar 31, 2019 11:12 am
It is worth noting that gifting to your kids while you still are alive has advantages to both your kids and you.
I certainly believe so.
by flyingaway
Mon Apr 01, 2019 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: When to take social security for maximum inheritance?
Replies: 31
Views: 2772

Re: When to take social security for maximum inheritance?

I’m still planning wait until 70. But I plan to give my heirs some money like at 25, 30, possibly money for future down payment. At their age, they can get it to grow and I don’t have to worry about estate tax. This is a change from my previous position, I won’t mention why I changed my mind. When ...
by flyingaway
Mon Apr 01, 2019 12:44 pm
Forum: Personal Consumer Issues
Topic: English /Spanish dictionary suggestions ??????
Replies: 15
Views: 564

Re: English /Spanish dictionary suggestions ??????

This may not be the answer you are looking for, but I found that Google Translator on a smart phone is better than any dictionary, especially it is free, goes with you anywhere, and can do voice and image (word) translations.
by flyingaway
Sat Mar 30, 2019 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: When to take social security for maximum inheritance?
Replies: 31
Views: 2772

Re: When to take social security for maximum inheritance?

neilpilot wrote:
Sat Mar 30, 2019 12:18 pm
I don't see that the answer is any different from the dozens of threads on when to take SS. This is debated at least weekly on this board.

Isn't max inheritance irrelevant to the discussion?
Frankly speaking, I still do not know when to take social security.
by flyingaway
Fri Mar 29, 2019 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 162
Views: 19865

Re: Early retirement

How would you feel if the conversation went like this? Someone: What are you doing? You: I retired. Someone: How old are you? You: I am 48. Someone: Congratulations. That's a great achievement. By the way, I retired at 40 two years ago. I wouldn't care one way or the other. I'm retired so I've "mad...
by flyingaway
Fri Mar 29, 2019 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: When to take social security for maximum inheritance?
Replies: 31
Views: 2772

When to take social security for maximum inheritance?

When to take social security has been discussed many times. Basically, if you need it, take it early. Otherwise delay it for longevity insurance. Suppose that my portfolio is more than enough for my retirement (without social security) and I expect to have some leftover, but not a lot, e.g., 5 years...
by flyingaway
Mon Mar 25, 2019 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 162
Views: 19865

Re: Early retirement

How would you feel if the conversation went like this?
Someone: What are you doing?
You: I retired.
Someone: How old are you?
You: I am 48.
Someone: Congratulations. That's a great achievement. By the way, I retired at 40 two years ago.
by flyingaway
Mon Mar 25, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Is a million really the benchmark for retirement
Replies: 153
Views: 23107

Re: Is a million really the benchmark for retirement

There are many places you can retire with $20000/year budget. If you retired before medicare age (65), you can retire in Mexico, Thailand for $20000/year. Buying your own medical insurance. Doing Roth conversion and living on "cheap" budget. Then back to USA living on SS and pension asuming you com...
by flyingaway
Mon Mar 25, 2019 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Is a million really the benchmark for retirement
Replies: 153
Views: 23107

Re: Is a million really the benchmark for retirement

$1MM plus SS is enough for many people to live, probably for all people to live.
If you want more and spend more, that is your choices.

I told my children to work and save hard to have $1MM in their portfolio, and then they can do whatever they want to do.
by flyingaway
Fri Mar 22, 2019 7:03 pm
Forum: Personal Consumer Issues
Topic: When your responsibility to your children ends?
Replies: 76
Views: 6873

Re: When your responsibility to your children ends?

Many years ago I asked my mom the question “when do you stop worrying about your kids?”, and she laughed, before she said “never”. And guess what? She was right! As far as responsibility to them? Well, I don’t consider myself responsible for them; they are adults, supporting themselves. However, I ...
by flyingaway
Thu Mar 21, 2019 9:49 pm
Forum: Personal Consumer Issues
Topic: When your responsibility to your children ends?
Replies: 76
Views: 6873

When your responsibility to your children ends?

Many of us feel it is our responsibility or obligation to support our children. But when do you consider that responsibility is fully fulfilled, so that you can have a worry-free retirement? (1) When they went off to colleges; (2) When they finished colleges and you paid all their educational expens...
by flyingaway
Tue Mar 19, 2019 9:07 pm
Forum: Personal Consumer Issues
Topic: What are the purposes of your travels?
Replies: 60
Views: 3269

Re: What are the purposes of your travels?

Wife and I love to travel and we always have these quotes in mind: "You cannot know your own country unless you travel outside of it. You don't know America unless you travel outside of America" - unknown "The World Is a Book and Those Who Do Not Travel Read Only One Page" - Saint Augustine "I urge...
by flyingaway
Tue Mar 19, 2019 9:05 pm
Forum: Personal Consumer Issues
Topic: What are the purposes of your travels?
Replies: 60
Views: 3269

Re: What are the purposes of your travels?

I have several reasons I travel 1. I have at least one trip a year that requires physical challenge. This is typically a multi-day (5+) trek in a foreign country from my bucket list. And/Or a bicycle trip. I pick them such that they are challenging for me so I have to train for it and stay in shape...
by flyingaway
Tue Mar 19, 2019 8:51 am
Forum: Personal Consumer Issues
Topic: What are the purposes of your travels?
Replies: 60
Views: 3269

Re: What are the purposes of your travels?

It's funny you pose this question....I was thinking about it over the weekend. I'm 45 and we typically don't travel a ton, but we have been to many states, Europe, Canada, & Mexico. It seems like every time there is a travel question, you'll get the occasional scrooge you says, "I don't see much po...
by flyingaway
Tue Mar 19, 2019 8:41 am
Forum: Personal Consumer Issues
Topic: What are the purposes of your travels?
Replies: 60
Views: 3269

Re: What are the purposes of your travels?

Do you have some defined purposes of travels? I tend to travel in support of some activity like scuba diving, hiking, photography an so on. I some day hope to take a trip to Maine to support eating lobster rolls. When we drove to that part of the U.S. about 10 years ago, I wished that we brought ou...
by flyingaway
Tue Mar 19, 2019 8:38 am
Forum: Personal Investments
Topic: KF's rebalancing rule for the recession
Replies: 77
Views: 3739

Re: KF's rebalancing rule for the recession

What is your one year of emergency fund (CD or MM), if it is not in your 60/40 allocation?
by flyingaway
Mon Mar 18, 2019 8:01 pm
Forum: Personal Consumer Issues
Topic: What are the purposes of your travels?
Replies: 60
Views: 3269

Re: What are the purposes of your travels?

I travel to see new cultures and learn about different forms of government and different lifestyles. .. in a way you say it is educational. In another way I like travel photography and documenting our travels. FWIW, my web site is at www.martindareff.com as far as April.. it's kinda late to be book...
by flyingaway
Mon Mar 18, 2019 2:47 pm
Forum: Personal Consumer Issues
Topic: What are the purposes of your travels?
Replies: 60
Views: 3269

Re: What are the purposes of your travels?

End of April is a great time to visit Southern Utah. 5 national parks, utah state parks, BLM areas - incredible beauty every where you look. Fantastic weather, great hiking / mountain biking / rock climbing / canyoneering. Moab is minutes from Arches NP, Canyonlands NP, Dead Horse Point State Park,...
by flyingaway
Mon Mar 18, 2019 2:42 pm
Forum: Personal Consumer Issues
Topic: What are the purposes of your travels?
Replies: 60
Views: 3269

Re: What are the purposes of your travels?

Wife and I love to travel and we always have these quotes in mind: "You cannot know your own country unless you travel outside of it. You don't know America unless you travel outside of America" - unknown "The World Is a Book and Those Who Do Not Travel Read Only One Page" - Saint Augustine "I urge...
by flyingaway
Mon Mar 18, 2019 12:43 pm
Forum: Personal Consumer Issues
Topic: Paris - Is It Safe?
Replies: 143
Views: 8632

Re: Paris - Is It Safe?

I've been planning to go to Paris for a week in May, with my wife. Basically a museum/art trip. But, I'm uncertain whether this is prudent, given the difficulties I keep reading about. It sounds like the Champs Elysee was really trashed this weekend, and this has been going on for months. I need to...
by flyingaway
Mon Mar 18, 2019 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: How do you know if you are on track financially?
Replies: 19
Views: 2519

Re: How do you know if you are on track financially?

Keep your job and live below your means, you will be on track.
by flyingaway
Mon Mar 18, 2019 12:35 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 737
Views: 63365

Re: That's enough for me in 2019

My strategy for market at high levels is to spend the money. I am about to return to the U.S. after one week of wonderful travel in Columbia. I just spend the money that I may plan to spend in retirement. When the market goes down, the money has already been spent. Going there on Friday! :sharebeer...
by flyingaway
Mon Mar 18, 2019 12:34 pm
Forum: Personal Consumer Issues
Topic: What are the purposes of your travels?
Replies: 60
Views: 3269

What are the purposes of your travels?

My wife and I just returned from an 8-day trip to Columbia. We visited Cartagena. Santa Marta, Minca, and Tayrona National Natural Park. We could probably have planned better, but the trip was already beyond our expectation in a good way. Now it seems that I will have one week off in the end of Apri...
by flyingaway
Sat Mar 16, 2019 7:26 pm
Forum: Personal Consumer Issues
Topic: Men & Women: What do you pack for travel inside 1 carry-on luggage only??
Replies: 160
Views: 9220

Re: Men & Women: What do you pack for travel inside 1 carry-on luggage only??

I just returned from an 8 day travel to Columbia. I packed 3 sets of underwears, shirts, and socks, and found that I actually needed just 1 set, as I washed everything at night and they got dried the next day.
But I think the minimum should be 2 sets, in case the clothes don't dry in a day.
by flyingaway
Sat Mar 16, 2019 11:25 am
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 737
Views: 63365

Re: That's enough for me in 2019

My strategy for market at high levels is to spend the money. I am about to return to the U.S. after one week of wonderful travel in Columbia.
I just spend the money that I may plan to spend in retirement. When the market goes down, the money has already been spent.
by flyingaway
Sat Mar 16, 2019 8:55 am
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 737
Views: 63365

Re: That's enough for me in 2019

Good intuition. When do you plan to move back into equities?
by flyingaway
Mon Mar 11, 2019 9:56 pm
Forum: Personal Investments
Topic: Can't see retiring without 15x-30x fixed income
Replies: 217
Views: 15283

Re: Can't see retiring without 15x-30x fixed income

The trouble with being ultra conservative is that you're going to die. So any years spent hoping to insure yourself against the unlikely horror of actually having to face old age like many other people may have been better spent actually...living. I've never seen it explained as clearly as on today...