Is 90% ‘Good Enough’ Odds?

I read through a good online discussion of retirement spending/investment probabilities this weekend. Someone was asking early retirees in a forum if they felt a 90% probability of out-living your retirement nest egg was enough, based on a online calculator like FIREcalc. I’ve written about FIREcalc probabilities before and using Monte Carlo analysis to help pressure test your FIRE plan. It is a great tool. … Continue reading Is 90% ‘Good Enough’ Odds?

Best Entertainment For The Dollar?

My son suggested today’s topic: What is the best form of entertainment for your dollar? As a family, we talked about a few things: books, music, theater, sports, movies, television, and games. Books emerged from our conversation as our #1. As a family, we started a ‘Summer Reading Club’ at the beginning of summer and I’ve read a record 5 books in 4 months. My … Continue reading Best Entertainment For The Dollar?

What The New President Should Focus On

We voted today. Our state allows early voting and we zipped through the polling station without any delays. Now we can ignore the cacophony of competing TV commercials, lawn signs, and Facebook posts. Four years ago, I wrote a post about the 4 things the new President and Congress could focus on to best help retirees. They are all problems the government themselves created. Predictably, … Continue reading What The New President Should Focus On

Bring Your PARENTS To Work Day

Our lower level is being used as a branch office for the small software development company that our son works at.  He’s been doing the COVID-19 ‘Work From Home’ approach since he started working back on June 1st, after he moved home as a new college graduate.  We’ve tried to give him his own space and not bother him too much during office hours, but … Continue reading Bring Your PARENTS To Work Day

Bless This House – Ongoing Repairs

Our house is our single biggest investment and one that needs lots of care and maintenance. We’ve lived in our house for 11 years now and it feels like there is always something that needs work. I analyzed it a couple years ago, and the ‘experts’ say that homes require somewhere in the range of 1%-3% of the value of a home in ongoing annual … Continue reading Bless This House – Ongoing Repairs