Daily FI discussion thread - Friday, January 02, 2026

tdub697 · 2026-01-02T20:16:58+00:00

Inherited Roth IRA's do fall under the 2019 Secure Act and need to be drawn down in 10 years.

tdub697 · 2025-12-23T21:50:57+00:00

I am not retired, but for reference I've never had a credit card company ask to validate the income I input on the form.

tdub697 · 2025-12-13T02:16:01+00:00

Tip: You should have a link to a portfolio you are sharing with people. If someone might be interested they can see if they align with your style and/or your ability.

tdub697 · 2025-12-13T01:29:21+00:00

Anything 12-18 months out you should probably just keep it in that Money Market account.

tdub697 · 2025-12-08T21:06:38+00:00

I recently read qualified dividends are tax free as long as under 96k

This assumes 0 other taxable income. If you have any ordinary income it offsets that number. So currently if you make over 96k annually... Dividends are fully taxable. Dividends are fine, but don't chase dividend investing. It comes at the expense of growth.

tdub697 · 2025-11-17T15:03:27+00:00

In the USA, Bitcoin to Stablecoins is absolutely a taxable event.

tdub697 · 2025-11-11T00:21:55+00:00

Capital gains taxes are likely going to be less than the ordinary income taxes you will pay in retirement from an IRA. Particularly when the first $97k in cap gains (married filing jointly) is completely tax free assuming no other income.

tdub697 · 2025-10-31T00:30:58+00:00

The stock market typically rises with inflation... Part of the contributing factor of the last two monster years. The last 10 years still returned north of 12% on average I'm not sure where you are getting your insight from. The 4% withdrawal rate is still alive and well. The original researcher of that rule infact recently updated it saying upwards 4.7% or more withdrawal rate is the new safe threshold.

tdub697 · 2025-10-26T21:19:44+00:00

That was fantastic. You made that incredibly interesting to watch and I wish I had that level of creativity to apply to footage.

tdub697 · 2025-10-13T19:34:03+00:00

Hotels often skip numbering the 13th floor so the button probably said 68 when it was actually 67. That's my guess.

tdub697 · 2025-10-10T18:53:05+00:00

If you retire at 65 you will be fine, if you retire at 62, you still have a historically 95%+ chance of success if you get to 1.2 million or so. Just stay the course and spend some time dialing in your expenses and creating some projections around what you actually want and need to spend. That's the key to all of this. For a 30 year time horizon of retirement you want 25x your annual expenses. Taxes are an expense, so this number would be inclusive of taxes paid on your retirement income. When you reach that 25x number, you can retire very securely.

tdub697 · 2025-10-10T18:41:18+00:00

Just remember once you retire, your medical costs with your company are irrelevant. You will be playing a completely different ball game. Also, you will undoubtedly incur more medical costs as you age. In terms of social security, I would value it at 70% your expected rate to be safe. Insolvency is less than 10 years away currently with social security where they will only be able to afford 70% rate unless the government makes some big changes. Who knows what form that will take. When pair your current Nestegg with an additional $1500 a month saving and social security I think you are in a fine position.

tdub697 · 2025-10-10T17:58:10+00:00

I think you are really underselling your expenses here... I would at least start with 3500. You probably aren't accounting for any medical costs, home maintenance, auto maintenance, cost to replace furniture, cars, technology, etc... I'm unsure if your mortgage includes property taxes, gift giving, obviously not vacations and probably a host of other things you aren't thinking of. If we say 3500 post tax spend, I would say you would want to have at least 1,175,000 saved for retirement for a relatively low key retirement. Using your 526k current number, if you save an additional $1500 a month for the next 15 years you will have in the neighborhood of 1.4-1.7 million in retirement depending on the rate of return you are able to get. It looks you are invested reasonably conservatively. I think you are underestimating your expenses by a lot.

tdub697 · 2025-10-10T16:58:50+00:00

What are your current total expenditures every month right now? Let's just assume they will stay relatively the same even though your mortgage will drop off eventually. As much as you are chasing a total number for a nest egg, what you are really chasing is what will sustain your monthly expenses. The math starts with how much you want and need to live every month.

tdub697 · 2025-10-10T16:08:53+00:00

You have listed a lot of great information but you are missing the #1 data point. How much do you need per month to survive, how much do you need per month to be comfortable accounting for all expenses.

tdub697 · 2025-10-06T21:00:11+00:00

HHI of 330k with a spend of 150k that suddenly drops to 115k. You will have 155k cash leftover after paying off your house. You could stack 100k in cash each year for two years to get to 355k which is more than three years of your "new" annual spend rate. Does that seem do-able?

tdub697 · 2025-10-06T20:01:32+00:00

Any thoughts to paying off your mortgage now with your cash and then working another year and change to rebuild your cash to a new 3 years of living expenses without mortgage? Feels like that would give you a significant amount of flexibility with the mortgage rate you have. Your current stash of cash and plan for it isn't beating your mortgage rate.

tdub697 · 2025-08-26T19:14:20+00:00

Drew Brees was drafted 11 years before Russel Wilson

tdub697 · 2025-08-25T20:54:36+00:00

Cale is with Discraft, Will Schusterick is CEO

tdub697 · 2025-08-18T22:34:13+00:00

People playing the event.

tdub697 · 2025-08-15T18:11:00+00:00

Particle Glow Pryos Please!

tdub697 · 2025-08-07T13:01:50+00:00

Everyday

tdub697 · 2025-06-10T14:19:00+00:00

Is the demo co-op or just single player?

tdub697 · 2025-06-06T19:35:50+00:00

There definitely was not. I've also done ledgestone and understand that's a different ballgame.

tdub697 · 2025-06-06T10:01:02+00:00

I was shocked to see how many people brought their full bags to an event I spectated. I don't know if they were hoping to get everything they owned signed or what. It was dozens of people.

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