"With higher rates you get more for your money. " True but other options also provide higher returns. Many of us already have two annuities, SS and a pension, so a third seems unnecessary.
My only beef with LEDs is that they don't last as long as advertised. Where you buy them does make a difference. Do like the LED strips and such. LEDs create alot of new lighting options.
What started as a successful strategy was likely maintained after it was no longer optimal. A fault of many super savers. There comes a point where one can easily afford a better (house, car,….), but get stuck in super saver mode. Like the old couple that waits until retirement to order drinks at a restaurant.
There is a huge transfer of boomer businesses going on as boomers retire. Unfortunately, many of these businesses are just end and are not successfully sold. The three years you stayed on likely make your sale successful and more profitable to you. So a win/win.
If one can afford it, why not? Many buy expensive cars and lose far more to depreciation, boats, etc. Many give to charity for zero return other than it feels good. In this instance you are seeing a game. The purpose of money is not to max financial returns.
I would not angst over distribution plans too much. Keep in mind that they are receiving money that they have no entitlement too, that many of us never received. So mana from heaven regardless of how it is distributed, whether it fits their life plans or not. I would have been glad to receive any inheritance, however it was distributed. Beats zero. Anyone bitter about an inheritance, likely does not deserve it.
A good example of someone stating something against convention to bring attention to themselves. Typically works as it triggers many. Like a historian claiming at George Washington was horrific. What do they gain by saying GW was great like everyone else does? You do use this triggering claim to convey some useful info. Kudos.
DI is a lot more work than most want to spend on managing their finances, especially in retirement. Way too complex to take into late retirement. A direct investor is likely overfunded or will be, you have better uses of your time unless finances is your hobby. DI will not make or break a retirement portfolio, an optimization strategy at best.
I would tie some of the funding to good performance at school. Not straight A's but they should show evidence of working hard toward their degree (anyone not in STEM should have at least a B average). This is not playtime....
Comments
"With higher rates you get more for your money. " True but other options also provide higher returns. Many of us already have two annuities, SS and a pension, so a third seems unnecessary.
Post: Is now the time for an annuity?
Link to comment from October 3, 2026
My only beef with LEDs is that they don't last as long as advertised. Where you buy them does make a difference. Do like the LED strips and such. LEDs create alot of new lighting options.
Post: A Very Humble Saving
Link to comment from October 3, 2026
What started as a successful strategy was likely maintained after it was no longer optimal. A fault of many super savers. There comes a point where one can easily afford a better (house, car,….), but get stuck in super saver mode. Like the old couple that waits until retirement to order drinks at a restaurant.
Post: Jonathan’s Parting Thoughts: No. 7
Link to comment from September 12, 2026
There is a huge transfer of boomer businesses going on as boomers retire. Unfortunately, many of these businesses are just end and are not successfully sold. The three years you stayed on likely make your sale successful and more profitable to you. So a win/win.
Post: What I Retired To
Link to comment from August 1, 2026
If one can afford it, why not? Many buy expensive cars and lose far more to depreciation, boats, etc. Many give to charity for zero return other than it feels good. In this instance you are seeing a game. The purpose of money is not to max financial returns.
Post: FIFA Financials
Link to comment from July 25, 2026
I would not angst over distribution plans too much. Keep in mind that they are receiving money that they have no entitlement too, that many of us never received. So mana from heaven regardless of how it is distributed, whether it fits their life plans or not. I would have been glad to receive any inheritance, however it was distributed. Beats zero. Anyone bitter about an inheritance, likely does not deserve it.
Post: K-shaped Economy
Link to comment from July 19, 2026
A good example of someone stating something against convention to bring attention to themselves. Typically works as it triggers many. Like a historian claiming at George Washington was horrific. What do they gain by saying GW was great like everyone else does? You do use this triggering claim to convey some useful info. Kudos.
Post: Retirement Accounts
Link to comment from May 19, 2026
DI is a lot more work than most want to spend on managing their finances, especially in retirement. Way too complex to take into late retirement. A direct investor is likely overfunded or will be, you have better uses of your time unless finances is your hobby. DI will not make or break a retirement portfolio, an optimization strategy at best.
Post: Direct Indexing Anyone?
Link to comment from May 16, 2026
A leveraged buy-out, they will issue more stock to pay for eBay. Either way GameStop wins as their stock will rise whichever way the deal goes.
Post: Pricing the Impossible
Link to comment from May 9, 2026
I would tie some of the funding to good performance at school. Not straight A's but they should show evidence of working hard toward their degree (anyone not in STEM should have at least a B average). This is not playtime....
Post: How much to provide a college student monthly?
Link to comment from May 2, 2026