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Comments:
Laura, you wrote a terrific article. Thank you for sharing your experience and including how you put your plan in place.
Post: Laying Down a Floor
Link to comment from September 14, 2024
Once again, you've written a terrific article. Thank you. Hearing they/them being blamed for all sorts of maladies is one of my pet peeves. Life ends up being so much easier if you simply take responsibility for your own decisions and life.
Post: Who are them and they?
Link to comment from July 17, 2024
Perhaps we will have self-driving cars within the next 20-30 years that could solve this issue for many seniors.
Post: Life After Cars
Link to comment from June 21, 2024
Adam, Thanks for another great article! This one really sparked my interest; using Chesterton's Fence followed by a decision framework provided an effective framework. Looking forward to your next one! Bob
Post: On the Fence
Link to comment from June 2, 2024
Ed, you wrote a terrific article. Congratulations on your retirement. Being content with simple, yet fulfilling, days has been one of the most rewarding parts of my retirement, which started nearly two years ago. May you have many more perfect days ahead. Bob
Post: My Perfect Daze
Link to comment from April 29, 2024
Jonathan - great question; Richard - another great article. Many bemoan conservatism, but in Richard's case, it's provided a wide margin of safety. Regarding not buying those employer shares, you bought them, with your time - the most valuable resource of all! Keep up the great work guys.
Post: He Asked, I Answered
Link to comment from March 9, 2024
Terrific article, thanks. When I was a young professional, a colleague once said, "why would I waste my life trying to extend it?" I used that comment for years to justify not exercising, but now realize that thinking is flawed. Just as important as extending lifespan, exercise (combined with a proper diet) delivers improved health, helping people to live full, enjoyable lives. Now retired in my fifties, my goal is to live a long, active, and healthy life for decades to come. Attia's book provides a helpful roadmap.
Post: Make Them Good Years
Link to comment from January 6, 2024
Thank you, and keep up the great work! Humble Dollar provides valuable perspectives to its readers.
Post: Business Schooled
Link to comment from January 6, 2024
Great article, Dick. In addition to the suggestions you outline for implementing this plan, I'd add that it may be appropriate for the investor to adjust their asset allocation (reduce fixed-income holdings while perhaps increasing risk-asset/equity exposure). That's because the annuities are effectively a never-ending bond ladder.
Post: An Annuity Instead?
Link to comment from December 30, 2023
Richard and Jonathan, thank you for your comments/replies to my original comment. I'm a big fan of each of your work. The question of whether the typical retiree has the discipline and knowledge to effectively make in-flight retirement spending adjustments is the issue. I'd like to think that retirees who are using the output of a Monte Carlo simulation could do so. That's why I think it's important to stop using the pass/fail (or red light/green light) vernacular and would love to see advisors and online tools describe it differently. The language we use matters, and in this space we have room for improvement.
Post: Calculated Risk
Link to comment from December 9, 2023