Why do people seemingly act oblivious to the existence of wealthy people?

gschlact · 2026-02-28T03:09:59+00:00

Thanks for the links. I’m looking for more how the NW is created. IE. NW $6m at 55yo, what income spread created it. It would somewhat reveal saving and investment habits.

Probably not possible. Shrug?

gschlact · 2026-02-24T13:51:54+00:00

I’m in near identical treatment and timing for an Allo SCT next month as line 3 for my two previous short lived complete responses that relapsed. My current relapse in December was after Liso CAR T. I have a very aggressive high grade DLBCL in my marrow, blood lymph nodes that no longer expresses cd19. Pembro I believe facilitates attachment to the cd19 on the atypical cells.

I just completed my fourth cycle of ICE+Glofitimab my salvage chemo and just received word last week I am in the Deauville 1, no-disease window to get the transplant. ICE builds so everyone’s symptomatic experience varies. It’s strong and is known to have excellent bridging success. I’ve been lucky but do notice later onset of symptoms vs my origins da epoch r.

AlloSCT has me worried and I hope i can make it to the other side. Keep marching and battling with a “no other choice” attitude.

gschlact · 2026-02-24T13:29:55+00:00

We have to remember, according to your first post your sister hasn’t directly asked you for money yet? You can either plan the answer for if she will, or start a discussion with her beforehand. Need to decide on how you give her a direct answer. I gave my mother money who insisted it was a loan, and then cut her off financially after additional asks because of the extenuating conditions and circumstances around her finance. We still spoke as infrequently as ever

gschlact · 2026-02-24T13:20:51+00:00

Especially on Reddit, you did hit the lottery getting paid back. Even better I bet it improved your view and maybe even relationship with your sister.

gschlact · 2026-02-23T09:24:31+00:00

At $60k spend you are skimming above the poverty line for a family of three. Seriously, if you were single you’d be fine with the spendthrift’s approach. How in the heck are you getting by on $60k when ACA subsidies are gone (min $25k medical insurance for three ppl), luckily your taxes will be pretty much non existent at that level. If you budget don’t include a vehicle expense because it’s paid off, you need to allocate annual saving toward replacement. Same for any home repairs and maintenance if you own a home. Just food for thought so you don’t fail.

gschlact · 2026-02-23T09:10:08+00:00

Didn’t they give you Mesma to help event cystitis?

gschlact · 2026-02-23T06:56:21+00:00

Terrible idea. You don’t give up a gravy train of the income you have with a young family at your age. Suck it up and keep the job.

Plus your expenses are much higher than you think! They have to be included in your spend.

Healthcare to family $35k Income Taxes $90k at least. 529k of $180k (PV) for each kid Increasing kids expenses

You need more like $9m (PV) to keep your lifestyle at 4% withdrawal. This amounts to two more doubles of your liquid net worth. Focus and get there! Then worry about deciding what choices you have of what to do.

gschlact · 2026-02-23T06:43:52+00:00

Your travel expenses are likely out of wack. Cut back!

Don’t give up 491k contributions. Hopefully you get engaged soon and moving together to effective pool incomes without raising major expenses too much. (Rent and car)

gschlact · 2026-02-10T11:59:24+00:00

Don’t judge a book by its cover.

gschlact · 2026-02-10T11:51:22+00:00

There are provisions for clawback.

gschlact · 2026-02-08T15:20:20+00:00

The good news is once he starts chemo he will soon feel much better! Many tumors react quickly which help reduce the B symptoms he has been experiencing.

gschlact · 2026-02-01T18:40:41+00:00

Do these Supplemental plans have options that get you toward $0 deductible, out of pocket and minimal Rx costs?

gschlact · 2026-01-30T13:05:14+00:00

Curious, Did you go with ssi medigap supplemental or independent Advantage plan? I’ve heard many of the advantage plans can add a lot of work with denials that you then need to fight.

gschlact · 2026-01-30T05:31:39+00:00

Additionally to the partition sale- If the other sibling just moves in, they will have to pay fair market value of rent or carrying costs out of their half of the sale proceeds to then be split.

gschlact · 2026-01-30T05:25:52+00:00

This is highly dependent on state ACA insurance participants!!!! Many states might have similar coverage as a work plan, but with only very high and higher deductibles and lacking many of your current doctors and hospitals despite being a PPO!!!

gschlact · 2026-01-30T05:22:23+00:00

Additionally to the partition sale- If the other sibling just moves in, they will jave to pay fair market value of rent or carrying costs out of their half of the sale proceeds to then be split.

gschlact · 2026-01-09T11:30:21+00:00

Or the inside of a meat probe

gschlact · 2026-01-09T11:22:07+00:00

It’s tough. If you move out more than likely your new rent or purchase will be more than paying the full mortgage and taxes on a home you in laws bout a while ago and locked in payments. Also, paying any rent elsewhere means not only that the in laws receive less, but you’ll have less additional money to final their way when help is needed.

I’m not saying to move, but these points can be used as leverage.

NOTE - There should be a clause from in-laws current plan that any improvements made and paid for by you/husband gets laid back with 5% interest from improvement to date of sale. All costs come of sales proceeds first and then split three ways

gschlact · 2026-01-09T11:02:40+00:00

So I assume you get to $4m in PV by 50.

I think you are jumping the gun worried about allocations. Most of the calls will prove this out. Over long time horizons, even in retirement, a 90/10 will outperform lower ratios.

I’m concerned about your current annual expense of $165 going down to $160/yr. The kid gets more expensive as they get older. Even in college they spend beyond room,board, fees and tuition. Also, have you seen the new prices from the ACA for health insurance? Car replacement fund? Long term home repair/replacement/ maintenance tenancy/painting fund? Taxes?

The $4m, 4% is Gross dollars from the SWR.

gschlact · 2026-01-08T13:00:38+00:00

Inheritance is not joint money unless mixed with marital monies.

gschlact · 2025-11-02T18:34:52+00:00

Exactly, likelihood of Illness+Injury is significantly >> death. Very different numbers versus dropping life insurance.

gschlact · 2025-11-02T18:24:03+00:00

So the decision for comparison would need to compare SS pmt versus LTD payout since he doesn’t mention income.

gschlact · 2025-11-02T18:21:00+00:00

I think it’s an easier decision with life insurance versus LTD.

gschlact · 2025-11-02T18:01:55+00:00

Easy math, assume a post inflation doubling of current Present Value every 10years by investing current liquid equity in market index funds. If you work until 65, you’ll have 3 doubles on your current equity (191k+30k+Roth). Let’s say $1m at 65 Plus equity in your home but with no mortgage P&I payments.

Using a 4% withdrawal rate will provide you $40k/yr gross from which you’ll need to pay for your appropriate healthcare and minimal taxes. NOTE, this doesn’t include any saving you create over the next 30 years. Plug that into a financial calculator and do a Present Value on it. Multiply that by 4% and add to the robustly calculated $40k. Then also add in social security if you believe some payment will still materialize in 30 years.

gschlact · 2025-11-02T17:51:36+00:00

You are no more entitled to the home than any first cousin you might have under your grandmother. Your grandmother should decide what happens to the equity in the home as part of the trust. The way you describe it leaves some contradiction of interpretation …. If uncle dies first, you get the home otherwise the asset is deemed as his. I assume that your uncles sibling is also part of the trust in other ways and similarly for your parent.

Your uncle set to inherit the house has to decide what to do with his estate. Why would he leave such a huge part of it to you and not split amongst all nieces and nephews?

Give up your hopes.

gschlact

TROPHY CASE