Search found 1757 matches

by flyingaway
Tue Aug 21, 2018 7:43 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 135
Views: 11915

Re: As an American, where are some great places in the world to retire?

You can get $300 rent in the bay area, as long you are OK with living in a closet. "Living in a closet" is not nearly as bad as it sounds, as long as you are surrounded by friends and/or family, like where you live, and have opportunities to do what you like to do. When I lived for 4-5 months/year ...
by flyingaway
Tue Aug 21, 2018 1:17 pm
Forum: Personal Consumer Issues
Topic: No advance notice to employer
Replies: 42
Views: 3532

Re: No advance notice to employer

Thanks for all responded. I actually need to inform my employer 6 months before my leave or retirement. I know there were people who left just one or two months before announcement. No, once I leave, I will not pursue anything like a job. I will certainly not leave when I am in something with the p...
by flyingaway
Tue Aug 21, 2018 12:29 pm
Forum: Personal Consumer Issues
Topic: No advance notice to employer
Replies: 42
Views: 3532

Re: No advance notice to employer

Thanks for all responded. I actually need to inform my employer 6 months before my leave or retirement. I know there were people who left just one or two months before announcement. No, once I leave, I will not pursue anything like a job. I will certainly not leave when I am in something with the po...
by flyingaway
Mon Aug 20, 2018 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Is a million really the benchmark for retirement
Replies: 88
Views: 8757

Re: Is a million really the benchmark for retirement

$1MM, plus $50,000 per year from the blog work.
by flyingaway
Mon Aug 20, 2018 11:44 am
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 135
Views: 11915

Re: As an American, where are some great places in the world to retire?

My plan is to retire in San Juan, Puerto Rico where I’m originally from! Lots of pros for American retirees: Part of the US, English is widely spoken, US dollar, Direct flights to most major US cities, no passport required for people to visit you, cheap housing (plenty of $100k beach condos and dir...
by flyingaway
Mon Aug 20, 2018 11:35 am
Forum: Personal Consumer Issues
Topic: No advance notice to employer
Replies: 42
Views: 3532

Re: No advance notice to employer

Where is this requirement of advance notice? Is it written? Is it one sided, in that they do not have to give any advance notice to let you go? I would not sweat it. Let HR figure out the details, just be sure you keep track of that process for paychecks, and contributions, and not taken vacation t...
by flyingaway
Mon Aug 20, 2018 8:34 am
Forum: Personal Consumer Issues
Topic: No advance notice to employer
Replies: 42
Views: 3532

No advance notice to employer

If your employer requires you to give advance notice before retirement (or leave), but one morning still in bed, you decide that you cannot take it anymore and you send an e-mail to notify them and never show up for work again.
What will happen? Can the employer freeze your 401k retirement accounts?
by flyingaway
Mon Aug 20, 2018 7:53 am
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 135
Views: 11915

Re: As an American, where are some great places in the world to retire?

Most people cannot make real/good friends as they age (most of my best friends are from high school) and many people have larger families than just kids. So if you move somewhere else the community might be ok for some talk about weather but the relationship between people is very superficial usual...
by flyingaway
Sun Aug 19, 2018 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: The more I learn the less I know: general checkup, lots of questions.
Replies: 17
Views: 2012

Re: The more I learn the less I know: general checkup, lots of questions.

The general idea here is: the more you learn, the less you care. Because nobody knows anything for sure.
Find a suitable asset allocation and buy the corresponding index funds, and you are done.
by flyingaway
Sun Aug 19, 2018 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of medical events that may ruin your retirement?
Replies: 64
Views: 3745

Re: What kind of medical events that may ruin your retirement?

Sorry, maybe I did not express my idea clear. I am teaching at school, so I have summer and winter breaks to do many things and have been doing those things, such as visiting all 50 U.S. states and 47 other countries and areas. The only thing that we could not do and may want to do (after reading m...
by flyingaway
Sun Aug 19, 2018 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put the first $5000
Replies: 24
Views: 1702

Re: Where to put the first $5000

PFInterest wrote:
Sun Aug 19, 2018 8:32 pm
flyingaway wrote:
Sun Aug 19, 2018 7:59 pm
badbreath wrote:
Sun Aug 19, 2018 6:45 pm
just do VTI or VTSMX and keep reading about investing.
Is VTI better than VTSMX better, in terms of the current U.S. market valuation?
they are exactly the same thing.
OK. I thought VTI is Vanguard total international.
by flyingaway
Sun Aug 19, 2018 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Retire and become an Adventure Guide
Replies: 34
Views: 2487

Re: Retire and become an Adventure Guide

If you do not consider that as a job (since you are retired), then the pay does not matter. If it comes with health insurance, you might get serious competitions for the job.
by flyingaway
Sun Aug 19, 2018 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put the first $5000
Replies: 24
Views: 1702

Re: Where to put the first $5000

badbreath wrote:
Sun Aug 19, 2018 6:45 pm
just do VTI or VTSMX and keep reading about investing.
Is VTI better than VTSMX better, in terms of the current U.S. market valuation?
by flyingaway
Sun Aug 19, 2018 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Do you go for annual Medicare preventive tests and screening?
Replies: 49
Views: 2570

Re: Do you go for annual Medicare preventive tests and screening?

Yes, definitely. Just got my blood lab this Friday and will see my doctor next Friday. Strange enough, annual physical is free. But if I ask several questions during my annual physical, I receive a bill for the past two years, since the doctor treats it as an office visit. Fortunatly, I only pay $10...
by flyingaway
Sun Aug 19, 2018 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of medical events that may ruin your retirement?
Replies: 64
Views: 3745

Re: What kind of medical events that may ruin your retirement?

The most obvious is death. Number one cause of ruined retirements. Yup. And, wouldn't anyone planning to spend so many years traveling in foreign countries stop and consider the dangers of terrorism? Unless the OP is planning to plant himself in one place and stay all the time - airports, train sta...
by flyingaway
Sun Aug 19, 2018 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of medical events that may ruin your retirement?
Replies: 64
Views: 3745

Re: What kind of medical events that may ruin your retirement?

Stroke. I'm currently paying around $10K per month for DW's care... nursing home, medication copays, ambulance transport to necessary doctor visits. I know there are ways to shield most of my assets to get her on Medicaid at almost no cost to me, but there are reasons why I don't want to do that. I...
by flyingaway
Sun Aug 19, 2018 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of medical events that may ruin your retirement?
Replies: 64
Views: 3745

Re: What kind of medical events that may ruin your retirement?

badbreath wrote:
Sun Aug 19, 2018 6:48 pm
I think the main medical event that may ruin your retirement would be death
I would view this differently. If I am dead, I got nothing to worry about.
by flyingaway
Sun Aug 19, 2018 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of medical events that may ruin your retirement?
Replies: 64
Views: 3745

Re: What kind of medical events that may ruin your retirement?

The most expensive medical event happened to me (the OP, 54) so far was an appendectomy and the following infection treatment in the U.S. The total bill was above $25,000 if I remembered it correctly and I paid a few hundred dollars and the insurance covered the rest. I do expect more serious proble...
by flyingaway
Sun Aug 19, 2018 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of medical events that may ruin your retirement?
Replies: 64
Views: 3745

Re: What kind of medical events that may ruin your retirement?

We have traveled lots outside the US in the last 8 years. I was able to put my wife on my former employer's health plan at their cost which is near near $7K this year and will probably be slightly over next year. I'm Medicare + AARP United Plan F. About 8 years ago when I was on the insurance she h...
by flyingaway
Sun Aug 19, 2018 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of medical events that may ruin your retirement?
Replies: 64
Views: 3745

Re: What kind of medical events that may ruin your retirement?

Just wanted to take a moment and reflect on how absolutely insane this is. Unfortunately it is also very true in the US...have regularly seen 90+% markups on physician and hospital bills back when I was sick. Yet people just accept this as normal. To me this is the primary reason for having health ...
by flyingaway
Sun Aug 19, 2018 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of medical events that may ruin your retirement?
Replies: 64
Views: 3745

Re: What kind of medical events that may ruin your retirement?

Many (any) Health events may get you broke in USA W/O insurance! But... life does not END with employment... tho I'm at great heredity risk for early demise.. I use alternatives to USA HC insurance, and a I travel a LOT. BTDT for the last 14 yrs (Left workforce at age 49, no HC insurance, no pensio...
by flyingaway
Sun Aug 19, 2018 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of medical events that may ruin your retirement?
Replies: 64
Views: 3745

Re: What kind of medical events that may ruin your retirement?

reggiesimpson wrote:
Sun Aug 19, 2018 12:00 pm
Take a look at "Audre and Dimitris traveling love affair". Serious world travelers for years with the knowledge and experience to advise you effectively.
If I remembered correctly, they did not have health insurance in their early years.
by flyingaway
Sun Aug 19, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: What kind of medical events that may ruin your retirement?
Replies: 64
Views: 3745

Re: What kind of medical events that may ruin your retirement?

We have traveled lots outside the US in the last 8 years. I was able to put my wife on my former employer's health plan at their cost which is near near $7K this year and will probably be slightly over next year. I'm Medicare + AARP United Plan F. About 8 years ago when I was on the insurance she h...
by flyingaway
Sun Aug 19, 2018 9:02 am
Forum: Personal Finance (Not Investing)
Topic: What kind of medical events that may ruin your retirement?
Replies: 64
Views: 3745

Re: What kind of medical events that may ruin your retirement?

The problem is that we plan to travel around the world at least for the first 5 years in our retirement and will spend very little time in the U.S. Having a U.S. based medical insurance seems to be a waste of money. You plan to be out of the country for 5 straight years? I could not figure out othe...
by flyingaway
Sun Aug 19, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: What kind of medical events that may ruin your retirement?
Replies: 64
Views: 3745

Re: What kind of medical events that may ruin your retirement?

Sad story, BIL retired, no medical insurance because he was very healthy and figured he’d wait until Medicare. Diagnosed at 63 with Gioblastoma ( nasty, aggressive brain cancer). Had to declare bankruptcy due to $million plus medical bills, and passed away before he was eligible for Medicare. Wife ...
by flyingaway
Sun Aug 19, 2018 8:48 am
Forum: Personal Finance (Not Investing)
Topic: What kind of medical events that may ruin your retirement?
Replies: 64
Views: 3745

Re: What kind of medical events that may ruin your retirement?

Just FYI, for extended travel you may need visas and you may be required to have medical insurance to get a visa. You can buy "anywhere but the US" global medical insurance for $2,000 or so for a couple your age. Be sure to read all the fine print on those, some of them apparently exclude things li...
by flyingaway
Sat Aug 18, 2018 5:56 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 135
Views: 11915

Re: As an American, where are some great places in the world to retire?

How about Miami... great winter weather, lots of water sports available year round, predominately or at least mostly Spanish speaking mix from Cuba and South America, great medical care available and it's soooo close to the United States. Only 2.5 hours from fiance in NY who can easily come south a...
by flyingaway
Sat Aug 18, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of medical events that may ruin your retirement?
Replies: 64
Views: 3745

Re: What kind of medical events that may ruin your retirement?

The problem is that we plan to travel around the world at least for the first 5 years in our retirement and will spend very little time in the U.S. Having a U.S. based medical insurance seems to be a waste of money. You plan to be out of the country for 5 straight years? I could not figure out othe...
by flyingaway
Sat Aug 18, 2018 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of medical events that may ruin your retirement?
Replies: 64
Views: 3745

Re: What kind of medical events that may ruin your retirement?

If you are going to be abroad and traveling a lot for five years, isn't medical insurance a relatively minor expense in your budget and worth the peace of mind? Long-term travels and living in most countries are not expensive. Our minimum budget is $80,000 per year, $23,000 for health insurance wil...
by flyingaway
Sat Aug 18, 2018 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of medical events that may ruin your retirement?
Replies: 64
Views: 3745

What kind of medical events that may ruin your retirement?

We are seriously considering retirement in 1, 2, 3, or more years. The most uncertain thing that prevents us from making a decision is health insurance and health care. After one more year at work (at 55), I will be eligible for buying my current employer's group insurance at about $17,000 a year fo...
by flyingaway
Fri Aug 17, 2018 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: How much contribute to a Roth account for dependent kid?
Replies: 4
Views: 348

How much contribute to a Roth account for dependent kid?

My son is a college student and he made about $3,000 as a research assistant on campus this year. We would like him to contribute his money to his new Roth account. He will be a dependent on our tax returns. Suppose the $3,000 is a gross salary and he actually received $2,500 in his bank account aft...
by flyingaway
Thu Aug 16, 2018 10:45 am
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 135
Views: 11915

Re: As an American, where are some great places in the world to retire?

My plan is to retire in San Juan, Puerto Rico where I’m originally from! Lots of pros for American retirees: Part of the US, English is widely spoken, US dollar, Direct flights to most major US cities, no passport required for people to visit you, cheap housing (plenty of $100k beach condos and dir...
by flyingaway
Thu Aug 16, 2018 10:22 am
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 135
Views: 11915

Re: As an American, where are some great places in the world to retire?

Evidence shows that moderate (mediterranean) climate is good for longevity... That's why I'm staying where I am, in Oakland, CA. https://en.wikipedia.org/wiki/Oakland,_California "Oakland has a warm-summer Mediterranean climate with an average of 260 sunny days per year. In general, the city featur...
by flyingaway
Thu Aug 16, 2018 10:21 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6759
Views: 1470566

Re: U.S. stocks in freefall

Too bad. I was thinking to do a large rebalance into bonds today to build my bond tent. Looks like I have to do it tomorrow. I was planning on the same thing. I had meant to put an order in yesterday to move $20k of S&P to Bonds to rebalance..... I didn't do that and now I think I'll wait a few day...
by flyingaway
Wed Aug 15, 2018 3:45 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 135
Views: 11915

Re: As an American, where are some great places in the world to retire?

Evidence shows that moderate (mediterranean) climate is good for longevity... That's why I'm staying where I am, in Oakland, CA. https://en.wikipedia.org/wiki/Oakland,_California "Oakland has a warm-summer Mediterranean climate with an average of 260 sunny days per year. In general, the city featur...
by flyingaway
Wed Aug 15, 2018 9:12 am
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 135
Views: 11915

Re: As an American, where are some great places in the world to retire?

I'm a 63-year-old living in Indonesia. My spouse and I are serving as full-time missionaries for our church. So we are retired from our former paid career, but are here sponsored by our church, which provides the visa. There is a visa program for retirees, but you have to hire a local maid and a fe...
by flyingaway
Wed Aug 15, 2018 9:06 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6759
Views: 1470566

Re: U.S. stocks in freefall

Too bad. I was thinking to do a large rebalance into bonds today to build my bond tent. Looks like I have to do it tomorrow.
by flyingaway
Tue Aug 14, 2018 9:35 pm
Forum: Investing - Help with Personal Investments
Topic: How do OMYs affect your bond tent?
Replies: 1
Views: 306

How do OMYs affect your bond tent?

Suppose I could retire (today, age 54) with financial independence (based on the 4% rule or something else not to be discussed). In order to mitigate the effect of sequence of return risks, I had built a bond tent. Let us assume that my intended long-term allocation would be 70/30 stock/bond. My bon...
by flyingaway
Tue Aug 14, 2018 9:13 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 135
Views: 11915

Re: As an American, where are some great places in the world to retire?

Speaking of retiring (not that I am close to it) in a foreign country, generally speaking, how does one become a resident in that foreign country (or is it even needed?)? I know working there is one option, but you are retired, so you don't want to work, but besides that and marriage, how do people...
by flyingaway
Tue Aug 14, 2018 7:58 am
Forum: Personal Consumer Issues
Topic: When is leaving your job that pays well a good idea?
Replies: 74
Views: 6946

Re: When is leaving your job that pays well a good idea?

I have a job that a like a decent amount but I often wonder if this is the peak happiness I can get out of life. I make about $160k and am in my early 30’s. My wife and I have around $2 million between investments and our house. Between our careers and investment income we make $260k annually with ...
by flyingaway
Fri Aug 10, 2018 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Crossroad of what to do next?
Replies: 37
Views: 2627

Re: Crossroad of what to do next?

Agree with others. Pay off your loans and mortgages. It is very difficult to get any safe investment with returns higher than 3.5%.
by flyingaway
Thu Aug 09, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Valuations Too High?
Replies: 207
Views: 11465

Re: Larry Swedroe: Valuations Too High?

It is interesting that Larry Swedroe has decided not to participate in discussions on this forum some time ago. Yet people continued to put every one of his articles for discussions here as soon as they are published.
by flyingaway
Mon Aug 06, 2018 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 94
Views: 12363

Re: Retire Internationally for FIRE

I am also originally from the Balkans as well but been living in the US for the past 23 years and I can attest to those prices. My parents live in the Balkans with only US social security ($2,000 between the two of them), and they live amazingly well and cannot spend the whole sum even if they want...
by flyingaway
Mon Aug 06, 2018 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 14404

Re: Will you pay for your kids' college/graduate education?

Absolutely, before I pay for my own vacations.
by flyingaway
Tue Jul 24, 2018 4:13 pm
Forum: Personal Consumer Issues
Topic: Plannig International trips
Replies: 10
Views: 681

Re: Plannig International trips

Using the post office service.
by flyingaway
Tue Jul 24, 2018 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Is it possible to change one's career in their 40s?
Replies: 88
Views: 7770

Re: Is it possible to change one's career in their 40s?

You could retire from your current job, enroll in a school, and write about your wonderful early retirement story to make some money.
by flyingaway
Mon Jul 23, 2018 12:55 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2019!
Replies: 74
Views: 8733

Re: Roll Call for the Retirement Class of 2019!

Assuming you already have enough to retire perhaps you should try not trying to save every penny but take some of your paycheck and go on a great vacation or buy something you have really been wanting. That might help you figure if you are wanting to retire because you want the additional free time...
by flyingaway
Sun Jul 22, 2018 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Real salary growth negative?
Replies: 45
Views: 4610

Re: Real salary growth negative?

My salary just doubled in 20 years.
From 2008 to 2016, my salary increased 4% in total. BUT, you know how much the stock market increased and I was in the market.
by flyingaway
Mon Jul 16, 2018 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 145
Views: 14141

Re: Early retirement

The only negative reactions (vocal or nonvocal) came from a few hourly workers in retail establishments. They were used to seeing me in my work attire, and then I started coming in looking a bit disheveled. :) I think that if one is dissatisfied with their lives, it is hard for them to say "great" ...