Search found 1670 matches

by flyingaway
Tue May 22, 2018 7:38 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 284
Views: 21658

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: 3623

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: 2396

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: 8878

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: 8878

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: 8878

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: 8878

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: 8878

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: 8878

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: 8878

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: 8878

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: 5986

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: 2505

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: 8878

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: 2505

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...
by flyingaway
Mon May 07, 2018 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 8878

Re: Retire Internationally for FIRE

I think the real health care problem is the catastrophic health problems much as cancers. Do the international health insurances cover that?
by flyingaway
Mon May 07, 2018 9:31 am
Forum: Personal Consumer Issues
Topic: Bucket List Adventures/Activities
Replies: 110
Views: 7863

Re: Bucket List Adventures/Activities

I think I no longer have a bucket list, I just do whatever is convenient to do at that time. Nothing that I have to see, or not see.
This year, I have already used 9 pages of my passport, visited many countries.
by flyingaway
Sat May 05, 2018 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to rent as a retiree?
Replies: 83
Views: 8733

Re: Does it make sense to rent as a retiree?

If selling my house were easy, I would have done it yesterday.
I want to travel a lot in retirement, my current big house is a real liability.
by flyingaway
Fri May 04, 2018 2:10 am
Forum: Personal Consumer Issues
Topic: Car rentals, what is the catch?
Replies: 25
Views: 2097

Car rentals, what is the catch?

I search for a rental car at the Miami International Airport with Expedia.com, here is what I got the prices for an Economy car for a day: Priceless: $6 U-Save: $8 Budget: $23 Alamo: $37 Thrifty: 22 The pricess seem to differ by a lot. So do you alway rent a car with the cheapest price? What is the ...
by flyingaway
Thu May 03, 2018 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Starting to smell like buying season?
Replies: 55
Views: 6458

Re: Starting to smell like buying season?

I have a feeling that the worst is yet to come, but I contribute to my retirement accounts monthly, directly from salary deduction.
by flyingaway
Thu May 03, 2018 11:04 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1405890

Re: U.S. stocks in freefall

I seem to see a pattern: big drop, small rebound, big drop, small rebound, ..., and the stocks are slowly going down.
by flyingaway
Thu May 03, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance, do we need it and how?
Replies: 23
Views: 2505

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

I would never consider not having quality health insurance. I've seen too many people around me whose entire lives have changed due to health issues and insurance. My neighbor had a massive stroke in a foreign country and had to stay there for months until he was able to travel back to the U.S. Had...
by flyingaway
Thu May 03, 2018 9:06 am
Forum: Investing - Help with Personal Investments
Topic: How do you know when you have "won the game"?
Replies: 142
Views: 15252

Re: How do you know when you have "won the game"?

I wish I had a job that I could retire from at any time, and come back if I were tired in retirement. Unfortunately, retirement for me is a one-way ticket. Once I am on the bus, there is no turning back. For me, won the game means I am sure that I have enough money for the 4% rule for 45 years plus...
by flyingaway
Thu May 03, 2018 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance, do we need it and how?
Replies: 23
Views: 2505

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

We are about to launch as global nomads I'm working with a broker who specializes in global health plans: Andrew Blomberg International Insurance Group 18 Shipyard Drive Suite 2A Hingham, MA 02043 www.internationalinsurance.com www.internationalcitizens.com +1-339-221-5190 We have chosen two plans ...
by flyingaway
Thu May 03, 2018 8:55 am
Forum: Personal Consumer Issues
Topic: Nomadic lifestyle in their 50s
Replies: 101
Views: 10407

Re: Nomadic lifestyle in their 50s

My in-laws traveled all over Europe in a caravan. They bought it there, spent a couple of years traveling around Europe, shipped it home, spent a couple of years traveling around mostly in Mexico. Got tired of that, sold it, bought a boat, and spent several years doing that, then sold the boat and ...
by flyingaway
Thu May 03, 2018 8:51 am
Forum: Investing - Help with Personal Investments
Topic: How do you know when you have "won the game"?
Replies: 142
Views: 15252

Re: How do you know when you have "won the game"?

I wish I had a job that I could retire from at any time, and come back if I were tired in retirement. Unfortunately, retirement for me is a one-way ticket. Once I am on the bus, there is no turning back. For me, won the game means I am sure that I have enough money for the 4% rule for 45 years plus ...
by flyingaway
Sat Apr 28, 2018 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Health insurance, do we need it and how?
Replies: 23
Views: 2505

Health insurance, do we need it and how?

My wife and I are considering retirement next year at 55. We want to sell our house and travel out of the U.S. for the next few years. The problem that bothers us is the health insurance. Upon retirement, we can buy my employer's health insurance for about $18,000 a year, no deductible but some copa...
by flyingaway
Sat Apr 28, 2018 8:00 pm
Forum: Personal Consumer Issues
Topic: Did you rent car in Spain?
Replies: 18
Views: 903

Re: Did you rent car in Spain?

Be careful about the speed limits when driving onto a city or village, they have cameras that are only activated when a car is driving close to the speed limits.
by flyingaway
Sat Apr 28, 2018 7:47 pm
Forum: Personal Consumer Issues
Topic: Nomadic lifestyle in their 50s
Replies: 101
Views: 10407

Re: Nomadic lifestyle in their 50s

We are launching as global nomads July 9. Like others before us, we don't know how long we will be gone. We don't know where we will settle when we stop traveling. We sold the home several years ago and rented, knowing this was our plan. Surprisingly, getting rid of our stuff hasn't been as traumat...
by flyingaway
Sat Apr 28, 2018 7:43 pm
Forum: Personal Consumer Issues
Topic: Nomadic lifestyle in their 50s
Replies: 101
Views: 10407

Re: Nomadic lifestyle in their 50s

I have found hotel miles to be invaluable. We generally find a low cost place to stay when we vacation - but usually for the last couple of days we will consider using hotel miles to get a nicer hotel. For instance last year in Vienna, we moved from a decent lower cost place to a hotel on the Rings...
by flyingaway
Sat Apr 28, 2018 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Staged Retirement
Replies: 12
Views: 2003

Re: Staged Retirement

I find buying and selling houses frequently is a headache.
by flyingaway
Wed Apr 25, 2018 10:06 pm
Forum: Personal Consumer Issues
Topic: Nomadic lifestyle in their 50s
Replies: 101
Views: 10407

Re: Nomadic lifestyle in their 50s

Oh and another thought: whatever place you rent as your homebase, it would be ideal if you could Airbnb it out while you're out of the country. That requires a landlord who is on-board, which might require some searching, but if you were willing to pay a bit over market price, you could probably ge...
by flyingaway
Tue Apr 24, 2018 9:44 pm
Forum: Personal Consumer Issues
Topic: Nomadic lifestyle in their 50s
Replies: 101
Views: 10407

Re: Nomadic lifestyle in their 50s

For those who do stay in a place without any friends for more than a week, what do you spend your time on after the first week?
by flyingaway
Mon Apr 23, 2018 8:46 pm
Forum: Personal Consumer Issues
Topic: Nomadic lifestyle in their 50s
Replies: 101
Views: 10407

Re: Nomadic lifestyle in their 50s

This is what we want to do in retirement. We can do it now if not for health insurance. However, if you travel mostly outside of the U.S., do you still need to maintain a good health insurance in the U.S.? I also think there is no need to keep my big house in the U.S. with property tax, insurance, a...
by flyingaway
Sun Mar 25, 2018 9:02 am
Forum: Investing - Theory, News & General
Topic: Argument Supporting Strong Future Equity Returns (?)
Replies: 29
Views: 2463

Re: Argument Supporting Strong Future Equity Returns (?)

If the stock market could drop 50% tomorrow, the 10 year return AFTER tomorrow would be fantastic.
by flyingaway
Thu Mar 22, 2018 9:00 pm
Forum: Investing - Theory, News & General
Topic: Working till retirement is not a great plan
Replies: 175
Views: 13852

Re: Working till retirement is not a great plan

In IT, you make tons of money before you are 40, maybe that is the time you should retire. In medical and teaching fields, you are usually in debt at 40, so you should work into your 60s or 70s.
You choose your career and manage your money accordingly.
by flyingaway
Thu Mar 22, 2018 8:51 pm
Forum: Investing - Theory, News & General
Topic: Are we missing recession /bear market beginning
Replies: 174
Views: 17848

Re: Are we missing recession /bear market beginning

No, you have not missed it yet. You are IN it now.
by flyingaway
Thu Mar 22, 2018 8:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1405890

Re: U.S. stocks in freefall

It still doesn't appear that we're in the early stages of a recession yet (e.g. unemployment rate is below its 1 year moving average, PMI is still well above 50), so this leads me to think that this current move will be a short-lived one. However, I'm now wishing that my 401k to IRA rollover had ta...
by flyingaway
Wed Mar 21, 2018 7:48 am
Forum: Investing - Theory, News & General
Topic: Bought myself a private island
Replies: 44
Views: 8475

Re: Bought myself a private island

There are many hedge fund managers who are billionaires. I guess they are the ones to buy private islands.
by flyingaway
Tue Mar 20, 2018 11:00 pm
Forum: Investing - Theory, News & General
Topic: Could all of these "low expected returns over next 10 years" predictions be wrong?
Replies: 120
Views: 11082

Re: Could all of these "low expected returns over next 10 years" predictions be wrong?

If you asked the same question in March 2000 when the stocks were on fire last time, you would have more dismal answer now.

Based on the calculation from www.dqydj.com, the inflation adjusted dividend reinvested average annualized return of S&P500 from March 2000 to March 2018 is only 3.368%.
by flyingaway
Tue Mar 20, 2018 1:58 pm
Forum: Personal Consumer Issues
Topic: World Travelers: What's the local economy look like?
Replies: 12
Views: 1523

Re: World Travelers: What's the local economy look like?

I was in Saigon last month and went into a bank branch to see a board displaying the deposit interest rates: Vietnam money 8.7%, USD 0.00%.
by flyingaway
Mon Mar 19, 2018 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement will cost the average American $828,000
Replies: 36
Views: 5969

Re: Retirement will cost the average American $828,000

I don't particularly like Motley Fool and that's a dim article anyway. Unclear if it includes things like pensions and SS. And I spend considerably more than their $46,000/year in retirement... Yep, "dim article" !! Author is planning for an "average" 18 year retirement. That's to age 83. If that's...
by flyingaway
Mon Mar 19, 2018 7:49 pm
Forum: Investing - Theory, News & General
Topic: Facebook's slide cost Mark Zuckerberg $6.06 billion in one day
Replies: 42
Views: 4907

Re: Facebook's slide cost Mark Zuckerberg $6.06 billion in one day

I bet that he did not sell any shares today. So he did not lose anything.
by flyingaway
Mon Mar 19, 2018 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement will cost the average American $828,000
Replies: 36
Views: 5969

Re: Retirement will cost the average American $828,000

I have been budgeting $80,000 per year for my wife and me in retirement and I considered that as a conservative number. Looks like we have to work for 5 more years to get to the level of average Americans.
by flyingaway
Mon Mar 19, 2018 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement will cost the average American $828,000
Replies: 36
Views: 5969

Re: Retirement will cost the average American $828,000

Maurie Backman, The Motley Fool, wrote this retirement financial article: https://finance.yahoo.com/news/retirement-cost-average-american-828-124700312.html It states "One of the most challenging aspects of saving for retirement is not knowing how much money you'll need to pay the bills in the futu...
by flyingaway
Sat Mar 17, 2018 11:22 am
Forum: Personal Consumer Issues
Topic: Time/money trade-offs with work and life balance
Replies: 46
Views: 3672

Re: Time/money trade-offs with work and life balance

Make more money if you are young and have not saved much.
I would do the opposite (less work time and less money) if I am half financially independent and have a family.
by flyingaway
Thu Mar 15, 2018 7:49 pm
Forum: Personal Consumer Issues
Topic: Backpacking in Guatemala and El Salvador?
Replies: 23
Views: 2074

Re: Backpacking in Guatemala and El Salvador?

Thanks for all the comments. We have cancelled the trip and will go to Macon, GA, to see the cherry blossom instead. My wife was already hesitating to go there before my post, and one comment states that El Salvador is dangerous second only to Syria, which really got me to think twice. I have been i...
by flyingaway
Tue Mar 13, 2018 7:07 pm
Forum: Personal Consumer Issues
Topic: Backpacking in Guatemala and El Salvador?
Replies: 23
Views: 2074

Backpacking in Guatemala and El Salvador?

My wife and I are planning to do a Spring break in Guatemala and El Salvador next week. We plan to skip the capital cities in both countries. Fly into Guatemala City International Airport, and plan to spend 2 nights in Antigua, 2 nights in Lake Atilan, take a shuttle bus from Antigua in Guatemala to...
by flyingaway
Thu Jan 18, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: 10 years expenses in FI
Replies: 49
Views: 5214

Re: 10 years expenses in FI

This is called bucket allocation.