Search found 1704 matches

by flyingaway
Sat Jul 14, 2018 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 91
Views: 5878

Re: Early retirement

My friends were mostly happy for me to retired early. I don't think most people care about what the other people are doing, they are too busy with their own life. This is my point. Who really care about you retired early or not? Probably you yourself fell so special that you think too much about ot...
by flyingaway
Sat Jul 14, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: At last: the answer to longevity planning for retirement spending
Replies: 11
Views: 762

Re: At last: the answer to longevity planning for retirement spending

If you do not have accidents, no diseases, then your genes determine how long you can live.
by flyingaway
Sat Jul 14, 2018 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 6378

Re: Dave Ramsey made me laugh today

At 54, I know 100% stocks is best for me long-termly. But I want to sleep better, so I am now about 70/30 stocks/bonds.
by flyingaway
Sat Jul 14, 2018 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 91
Views: 5878

Re: Early retirement

I have been providing financial support for my parents for over 30 years. I direct deposit their monthly maintenance, but I send checks for birthdays and other occasions. I just saw my parents for the first time since I retired in May. I discovered my mom assumed I had been fired and retired becaus...
by flyingaway
Fri Jul 13, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 91
Views: 5878

Re: Early retirement

Why can't people ask questions? You don't have to answer any questions if you don't like to.
by flyingaway
Fri Jul 13, 2018 5:08 pm
Forum: Personal Consumer Issues
Topic: Anyone use Gate 1 Travel?
Replies: 15
Views: 1428

Re: Anyone use Gate 1 Travel?

My wife and I have taken three trips to Europe (Croatia & Slovenia; Italy; Central Europe) with Gate 1 and all were excellent. The tour managers were great and the local guides were of a very high standard. Hotels generally very good and well located downtown. Itinerary excellent. Maybe we have bee...
by flyingaway
Fri Jul 13, 2018 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: What rate of return are you using for retirement projections?
Replies: 84
Views: 7082

Re: What rate of return are you using for retirement projections?

My portfolio is 70/30, I need 2% real to make it work. I am not sure I can get it for the future years, so I keep working to make my portfolio bigger. You don't believe you can average 2% real over the next 30+ years? At the current valuation level, no, I have no confidence. The problem is that if ...
by flyingaway
Fri Jul 13, 2018 4:06 pm
Forum: Personal Consumer Issues
Topic: That Extravagant Thing You Do
Replies: 245
Views: 49096

Re: That Extravagant Thing You Do

I decided to hire someone to fix my irrigation system. I was thinking to watch a few YouTube videos and trying to fix it myself.
by flyingaway
Thu Jul 12, 2018 12:01 am
Forum: Personal Finance (Not Investing)
Topic: What rate of return are you using for retirement projections?
Replies: 84
Views: 7082

Re: What rate of return are you using for retirement projections?

My portfolio is 70/30, I need 2% real to make it work. I am not sure I can get it for the future years, so I keep working to make my portfolio bigger.
by flyingaway
Mon Jul 09, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: Anyone use Gate 1 Travel?
Replies: 15
Views: 1428

Re: Anyone use Gate 1 Travel?

We just did an affordable Peru tour with Gate 1, I think it was a good one, although it was my first organized tour. I have traveled to many places on my own, will do most of my future travels on my own. However, to do organized tours with Gate 1 with friends will be considered also.
by flyingaway
Sat Jul 07, 2018 7:43 am
Forum: Personal Consumer Issues
Topic: How a credit card refund is applied?
Replies: 27
Views: 1742

Re: How a credit card refund is applied?

OP here.

I called Fidelity cardmember service line and was told that the $1.5k refund would be applied to the last month's balance and I only needed to pay $1.5k for the entire balance. I did pay $1.5k.

The new statement came and I did not see any interest charge.
by flyingaway
Tue Jul 03, 2018 12:49 am
Forum: Investing - Help with Personal Investments
Topic: Why not go 100% stocks?
Replies: 116
Views: 11259

Re: Why not go 100% stocks?

Making'$900k a year and wanting to work for 20 more years? Yes, you can be 100% in stocks or in almost anything else. If I were you, I would start worrying about why I want to work for 20 more years.
by flyingaway
Tue Jul 03, 2018 12:35 am
Forum: Investing - Help with Personal Investments
Topic: Expected returns for 80/20 stock bond for next 10 years.
Replies: 169
Views: 11970

Re: Expected returns for 80/20 stock bond for next 10 years.

I am using 5% nominal and 3% inflation for my planning.
by flyingaway
Thu Jun 28, 2018 6:47 pm
Forum: Investing - Theory, News & General
Topic: Yes, It’ll Happen - Jonathan Clements
Replies: 33
Views: 7025

Re: Yes, It’ll Happen - Jonathan Clements

I have read articles with similar points many times. Although everything said is correct, nothing is really new.
by flyingaway
Thu Jun 28, 2018 12:07 am
Forum: Personal Finance (Not Investing)
Topic: Retirees: When you cut spending, what do you cut?
Replies: 84
Views: 8439

Re: Retirees: When you cut spending, what do you cut?

I could cut $10~20k annually from the travel and entertainment budget. But if that cut is needed, why bother to retire?
by flyingaway
Sun Jun 24, 2018 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Hitting your number---Now What?
Replies: 19
Views: 2971

Re: Hitting your number---Now What?

livesoft wrote:
Sun Jun 24, 2018 6:40 pm
I just changed my number after hitting my number and carried on.
And do a few One More Years.
by flyingaway
Sun Jun 24, 2018 1:03 am
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 155
Views: 11619

Re: When did you start flying business class?

Afty wrote:
Sat Jun 23, 2018 5:36 pm
We flew to Thailand last year and had a similar decision to make. We just couldn't justify flying business class. The amount it would have cost for all of us would pay for a pretty decent new car!
Yes. Flying business class to Thailand to eat cheap street food.
by flyingaway
Tue Jun 19, 2018 6:56 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1448695

Re: U.S. stocks in freefall

If you believe the decline is trade related, there will be a few more days of decline.
by flyingaway
Sat Jun 16, 2018 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking spending before retirement useful for estimating retirement expenses?
Replies: 72
Views: 4367

Re: Tracking spending before retirement useful for estimating retirement expenses?

You can make a list of what you plan to spend in retirement, and track what you are currently spending. They are different, but tracking expenses can give you an idea how accurate your estimate might be. For example, our travel expenses are about $10,000 to $15,000 per year for about three overseas ...
by flyingaway
Mon Jun 11, 2018 6:05 pm
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 185
Views: 18586

Re: The Power of Working Longer

I prefer to save more so that I have options when I am old.
I could work longer if I want, I could retire earlier if I want or have to.
Waiting until old to realize that I have to work longer is not a good idea.
(There have been several similar threads recently, working vs. retiring.)
by flyingaway
Mon Jun 11, 2018 9:51 am
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 194
Views: 17414

Re: Life in retirement - what did you do today?

I had a cup of tea. I read some. I read the news about the protest & riots over the weekend. I washed some dishes. I organised some files. I walked to the local barbershop. There was a queue so I went to a cafe and had a cup of coffee. I went back to the barbershop. Got my haircut. I walked home. I...
by flyingaway
Mon Jun 11, 2018 9:38 am
Forum: Personal Finance (Not Investing)
Topic: [Net worth in retirement: How do you know when "enough is enough"?]
Replies: 15
Views: 2696

Re: [Net worth in retirement: How do you know when "enough is enough"?]

Yes, it is difficult to walk away from a job with a good paycheck and benefits, especially you have no idea what you will be walking into. My recommendation is to figure out your annual expenses and use the 4% rule as a rough guide to see if you have enough. Then figure out if you have something you...
by flyingaway
Mon Jun 11, 2018 9:17 am
Forum: Investing - Theory, News & General
Topic: Early retirement pros and cons:
Replies: 78
Views: 10183

Re: Early retirement pros and cons:

As I posted in another thread, I am currently in the 6th month of leave from work to experiment early retirement life. My feeling is that if I could have a lot of things to do outside of my home, such as travelling, I may like early retirement, provided I have enough money to do those outside things...
by flyingaway
Mon Jun 11, 2018 12:48 am
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 185
Views: 18586

Re: The Power of Working Longer

Death is probably the single best hedge against running out of money in retirement. Solves all your problems, such as figuring out safe withdrawal rates and all that. Another advantage of working longer is that you're closer to it when you give up your earnings income. Makes you wonder why everybod...
by flyingaway
Mon Jun 11, 2018 12:42 am
Forum: Investing - Help with Personal Investments
Topic: Strategy for a prolonged bear market
Replies: 65
Views: 5596

Re: Strategy for a prolonged bear market

Plan B is to keep working.
by flyingaway
Mon Jun 11, 2018 12:38 am
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 10536

Re: Why do we work?

I am surprised that most people who responded to this replied that they work to provide and purchase things. I work because I absolutely love my job and consider myself very fortunate everyday to do the type of work that I do. I grew up in a very blue-collar, economically depressed area, and living...
by flyingaway
Mon Jun 11, 2018 12:36 am
Forum: Personal Consumer Issues
Topic: “Day to kill” in Venice Italy
Replies: 51
Views: 3444

Re: “Day to kill” in Venice Italy

Walking to the parts of the main island that most tourists will not go. Even looking at how the residents dry their clothes could be interesting.
by flyingaway
Mon Jun 11, 2018 12:33 am
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 194
Views: 17414

Re: Life after FIRE [Financial Independence / Retire Early]

I think I am FI, and I am in the 6th month of leave from my work. I have travelled to many countries and stayed with my parents. I travelled mostly solo, sometimes with my wife and friends. I am still not sure what will be my next step. If I have to stay at home after FIRE, I might go back to work (...
by flyingaway
Mon Jun 11, 2018 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 10536

Re: Why do we work?

I am surprised that most people who responded to this replied that they work to provide and purchase things. I work because I absolutely love my job and consider myself very fortunate everyday to do the type of work that I do. I grew up in a very blue-collar, economically depressed area, and living...
by flyingaway
Sun Jun 10, 2018 8:13 pm
Forum: Investing - Theory, News & General
Topic: Early retirement pros and cons:
Replies: 78
Views: 10183

Re: Early retirement pros and cons:

If I truly have enough, I would retire at any time. Beach is much better than office.
by flyingaway
Thu Jun 07, 2018 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: How much to budget for a week long vacation for 2?
Replies: 79
Views: 4455

Re: How much to budget for a week long vacation for 2?

Just came back from a 10 day affordable Peru tour with flying and staying in Miami for three additional nights. Total cost for two people is about $5,400.
by flyingaway
Tue Jun 05, 2018 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 51800

Re: How much money do you need to retire?

I will need $2M at 55, but want $3M then. I only work 2 half days a week for 7 months per year for a job many people say they would volunteer to do in their retirement (teaching). That makes it difficult for me to retire even if I had the money. I cannot believe that things changed so quickly in a ...
by flyingaway
Sun Jun 03, 2018 10:51 pm
Forum: Personal Consumer Issues
Topic: How a credit card refund is applied?
Replies: 27
Views: 1742

How a credit card refund is applied?

For example, I bought a flight ticket for $1,500 last month and my total credit card balance is $3,000. I then cancelled the ticket and got a full refund. However, the refund was credited to my card account after last month statement closing date. So my statement balance was $3,000. My question, wil...
by flyingaway
Tue May 22, 2018 7:38 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 293
Views: 24177

Re: Do people still use AAA?

I have had AAA membership for many years. I think I will not renew it this year. The main advantage of free travel maps and tour books is no longer helpful when we have GPS, TripAdvisor, etc. I was thinking to drop it a few years ago, but I had their insurance for my car and home (I did not bother t...
by flyingaway
Tue May 22, 2018 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire? Input and advice is welcome!
Replies: 29
Views: 3897

Re: Can I retire? Input and advice is welcome!

You will get many more positive responses from the MMM forum.
I personally think you can do it. But what do you plan to do in retirement in Thailand?
by flyingaway
Thu May 17, 2018 8:48 pm
Forum: Personal Consumer Issues
Topic: Growing Fruit Trees and Shrubs
Replies: 30
Views: 2570

Re: Growing Fruit Trees and Shrubs

I have been growing fruit trees for over 10 years, and learned a lot from experience, such as pollinations, weather, etc. Figs die during winter and grow back in Spring. However, most figs do not get ripen before winter comes to kill them. This winter is particularly cold and killed most of my fig t...
by flyingaway
Sun May 13, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 9386

Re: Retire Internationally for FIRE

Buying property in Spain or Portugal is actually an easy way to get permanent residency in the EU. Buy 1 or more properties worth up to 500 Euros (350 Euros in smaller cities in Portugal) and you qualify. Note the 1 or more clause -- you could put most of the money into rental properties to live ch...
by flyingaway
Sat May 12, 2018 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 9386

Re: Retire Internationally for FIRE

I think the biggest problem with retiring internationally would be abandoning your social network and family in the U.S. That sort of social dislocation can be very hard on people. You also have to consider what you do if you ever need nursing care- even if you have the funds, arranging for such th...
by flyingaway
Sat May 12, 2018 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 9386

Re: Retire Internationally for FIRE

I think the biggest problem with retiring internationally would be abandoning your social network and family in the U.S. That sort of social dislocation can be very hard on people. You also have to consider what you do if you ever need nursing care- even if you have the funds, arranging for such th...
by flyingaway
Sat May 12, 2018 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 9386

Re: Retire Internationally for FIRE

Living in a low-cost country like the locals can be cheap. Living in a low-cost country like Americans can be more expensive than living in the U.S. In many SE Asia countries, most people do not have big houses, no cars, and no air-conditionings. High quality food can be expensive. High quality hea...
by flyingaway
Sat May 12, 2018 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 9386

Re: Retire Internationally for FIRE

I think the biggest problem with retiring internationally would be abandoning your social network and family in the U.S. That sort of social dislocation can be very hard on people. You also have to consider what you do if you ever need nursing care- even if you have the funds, arranging for such th...
by flyingaway
Thu May 10, 2018 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 9386

Re: Retire Internationally for FIRE

On the subject of healthcare costs, I can give a current example from this past week. Ultrasound - USS$20 Consultation with cardiologist, ECG/EKG etc, full blood and urine tests - US$2.50 3 appointments with my Dr - US$0 Prescription meds for fluid retention - US$0.75 Am back at the Dr tomorrow for...
by flyingaway
Wed May 09, 2018 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 9386

Re: Retire Internationally for FIRE

On the subject of healthcare costs, I can give a current example from this past week. Ultrasound - USS$20 Consultation with cardiologist, ECG/EKG etc, full blood and urine tests - US$2.50 3 appointments with my Dr - US$0 Prescription meds for fluid retention - US$0.75 Am back at the Dr tomorrow for...
by flyingaway
Wed May 09, 2018 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 9386

Re: Retire Internationally for FIRE

Living in a low-cost country like the locals can be cheap. Living in a low-cost country like Americans can be more expensive than living in the U.S. In many SE Asia countries, most people do not have big houses, no cars, and no air-conditionings. High quality food can be expensive. High quality hea...
by flyingaway
Wed May 09, 2018 8:14 am
Forum: Investing - Theory, News & General
Topic: How does stock buyback benefit investors?
Replies: 78
Views: 6473

Re: How does stock buyback benefit investors?

Does buyback have the effect of compounding interest?
by flyingaway
Tue May 08, 2018 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance, do we need it and how?
Replies: 23
Views: 2700

Re: Health insurance, do we need it and how?

flyingaway, We are on a similar boat - we plan to sell the house next year as well, but want to RV full time, with occasional international travel. Personally, I would prefer to be a global nomad, but my wife rejected that idea. Good for you if both of you are on the same page, that's really import...
by flyingaway
Tue May 08, 2018 7:19 am
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 9386

Re: Retire Internationally for FIRE

Living in a low-cost country like the locals can be cheap. Living in a low-cost country like Americans can be more expensive than living in the U.S. In many SE Asia countries, most people do not have big houses, no cars, and no air-conditionings. High quality food can be expensive. High quality heal...
by flyingaway
Mon May 07, 2018 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Health insurance, do we need it and how?
Replies: 23
Views: 2700

Re: Health insurance, do we need it and how?

Are these insurance policies reliable with respect to claims? Yes. These are major carriers with very long track records. And I've had surgery several times abroad, so I've seen what the process is, and the global carriers were great. The US based carriers, I had to pay in advance and get reimburse...