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It pays to run the numbers and figure out the correct decision for yourself. I’m sure most readers of this blog are smart enough to do so and not just jump on one bandwagon or the other, no matter how cleverly JLC presents it. Reply gestalt162says May 30, 2013 at 11:10 am My fi...
Whether you decide to retire in your 60s or in your 30s, I'm here to say the fear of running out of money in retirement is overblown. The media, money managers, and government officials, most of whom are still working, have fear-mongered the general population long enough! They want t...
The higher the retirement savings by state, perhaps the more attractive the state is to retire in. After all, the states with the highest retirement savings must be doing something right! Folks know I'm biased towards West Coast living due to the weather, diversity, food, culture, and ...
Doggett and Trump are at the upper end of the Boomers and Granger is either at the tippy top of the Boomers or the very bottom of the Silent Generation; folks in that age group need to retire. I personally think they’re going to be pushed out by millennials and not my generation (X...
So, that leaves my ideal ‘enough’ figure as over £12m, excluding the ISA and excluding my home. That includes a £750k ‘funding the ISA’ pot, a cushion to allow for a nasty (but not the worst possible) market drop, enough to allow me to take dividends, and pay my taxes....
keep driving what they have. People did this during the Financial Crisis, and auto sales collapsed and stayed down for years. Today, the opposite is the case: Prices are soaring and consumers – those that are buying, and there are enough of ...
Doggett and Trump are at the upper end of the Boomers and Granger is either at the tippy top of the Boomers or the very bottom of the Silent Generation; folks in that age group need to retire. I personally think they’re going to be pushed out by millennials and not my generation (X...
$1 million net worth— We were just starting out. My salary was at its lowest point and I had no additional sources of income. I had to pay off $5k college debt, $20k I borrowed on a car out of grad school (the last time I borrowed to buy a car), and ultimatelyour mortgage. ...
it was probably not a rational decision to pay down the mortgage in a time of low interest rates when I was planning to retire early. I mainly wanted rid of other people being able to tell me what to do by controlling money – I’d had enough of that at work and wanted shot of th...