Recent content by Route246

First of all, congratulations. We blew past FI more than 10 years ago but I continue to work because I like it. I was at work today walking alone to the break room to get a cup of coffee and saw colleagues at a distance who are younger and most probably not FI but doing well, nonetheless. The...

How do they know your net worth?

The $1M taxable in SPY, expected gain ~10% minus ~1.3%/2 dividends over that 10 years is more reasonable IMO. Is something wrong with this characterization? (All of my retirement accounts are in 100% SPY or VG500 or something similar now) I am a firm believer that a market correction with...

Never heard of a DC motor for these attic fans. Need to investigate that. Ours have lasted 4-6 years depending on duty cycle. I'm getting pretty good at replacing the motors. This video on YouTube is pretty good and there are others. I believe GAF bought out the company that made our fans...

HIghest powered attic fan you can find should help quite a bit. It gets very hot up there. Also, laying out extra insulation in the attic space if possible. We have three of them in the house and one in the garage and it makes a huge difference. You will need to replace motors depending on...

Good point. Let me explain what I meant. First, I have always lived below my means, even when I was a poor college student and young engineer driving a hand-me-down car, eating Kraft macaroni and cheese and otherwise living modestly until I acquired standing and savings. In my 20s I knew I...

Not thinking so much about our assets and pass down to heirs but what about anecdotal tales of inheritances observed and perhaps experienced with friends, colleagues, classmates and family members (heirs). In the aggregate I can think of many instances where it was neutral to negative and few...

Same here. Been using a Google sheet for more than 10 years. Personally, I would never give my credentials to my assets, especially a service and worse yet, a service online. Any online service can get hacked. I just would never do this but that is my personal decision.

This hits home regarding when your job was eliminated. If it ever happened to me (it probably won't at my advanced age and point in my career) the feeling of little or no stress is priceless. I've had that luxury for more than 10 years and it is a good feeling. The fact your wife was stressed...

I used to drink a lot in college and for a period thereafter. I had decent tolerance but would still feel it the next day. I know some friends who had the "Irish" gene and could down a fifth and maintain and feel nothing the next day. Those are the ones that should never drink. I gave it up...

One more thought about "hitting my number" I recall a quote from Lee Trevino: After beating Jack Nicklaus in a playoff at the 1971 U.S. Open: "I was trying to get so far ahead I could choke and still win, but I had to keep on playing." That's been my philosophy about continuing to work and...

That is the one thing we have not done yet but in a few years we will probably start giving significant amounts away to my university (private, medium size, highly rated) as I view my school as giving me the head start in my career climb. I'm not interested in getting my name on a building or...

Thank you for the sage advice. It is less than 20% of my assets and I'll have a 401K rollover next year so there will still be 1M in tIRA after the rollover. I'm just looking at converting 2/3 of my IRA/401K assets. Additionally, this will happen if and only if a 20% market correct happens...

Agree. I'm not sure when I hit my number but it was when I wasn't paying attention and it just sort of happened. I was spending my entire career with 3 objectives. First, remain employed and sustaining cashflow where we could comfortably live below our means. Second, save aggressively...

Thanks for the anecdote. I'm planning on Sept 2025 for my last day at work at this point at age 68 on my terms. After I dialed in this date a few weeks ago I am cherishing every day at work now, even though it is over a year out. The good and the bad is all good.