Dan: I am interested in your comment about "Congress is beginning to take the issue seriously". I have seen absolutely nothing from the 5 senators and representatives who are to represent me in Congress. Further, I have seen nothing in the print or televised news that leads me to believe anything is being done. What are you seeing/hearing/reading to indicate this issue is being addressed? Thanks.
A known and secure income stream is extremely important to us as we got involved in investing relatively late in our working years. Fortunately, we both have pensions with COLA's and those more than cover our monthly expenses including an automatic transfer to savings. My wife is receiving Social Security and it all goes into a savings account. We refer to the 3rd Wednesday of the month as her "payday" and to the last business day of the month as our "pension payday"!
I agree with much of your post, but am not paying off my mortgage early due to it having just a 3.25% interest rate. Investing provides a higher rate of return. Our pensions more than cover our expenses. Not spending down our savings to pay off the mortgage leaves us plenty of liquid assets to use for home remodels or other unforeseen expenses.
If the editor/site can't compile this info, I would be glad to do so. Will provide email for data submission if posting the results would be allowed. ALL data would be reported anonymously and in aggregate form.
Comments
Mark: great post! I think your terrace and sundowner analogy is an excellent insight to what money can do and what ought to be highly valued!
Post: The Paradox of Wealth
Link to comment from July 16, 2026
Count me in for the Humble Dollar Chorus!
Post: So Maybe That’s What It’s All About
Link to comment from July 14, 2026
Thanks, Dan. I will look into that.
Post: About that inflation in retirement
Link to comment from July 13, 2026
Dan: I am interested in your comment about "Congress is beginning to take the issue seriously". I have seen absolutely nothing from the 5 senators and representatives who are to represent me in Congress. Further, I have seen nothing in the print or televised news that leads me to believe anything is being done. What are you seeing/hearing/reading to indicate this issue is being addressed? Thanks.
Post: About that inflation in retirement
Link to comment from July 11, 2026
Pig Latin was my go to "foreign language"!
Post: Lessons Learned Along the Way
Link to comment from June 26, 2026
A known and secure income stream is extremely important to us as we got involved in investing relatively late in our working years. Fortunately, we both have pensions with COLA's and those more than cover our monthly expenses including an automatic transfer to savings. My wife is receiving Social Security and it all goes into a savings account. We refer to the 3rd Wednesday of the month as her "payday" and to the last business day of the month as our "pension payday"!
Post: Automatic Income stream? How important to you?
Link to comment from June 26, 2026
Great post, sorry to have missed it when published. Where do you find the "real cars don't shift themselves" t-shirt?
Post: Not Dead Yet
Link to comment from June 21, 2026
Makes complete sense, Dan!
Post: Leverage
Link to comment from June 19, 2026
I agree with much of your post, but am not paying off my mortgage early due to it having just a 3.25% interest rate. Investing provides a higher rate of return. Our pensions more than cover our expenses. Not spending down our savings to pay off the mortgage leaves us plenty of liquid assets to use for home remodels or other unforeseen expenses.
Post: Leverage
Link to comment from June 19, 2026
If the editor/site can't compile this info, I would be glad to do so. Will provide email for data submission if posting the results would be allowed. ALL data would be reported anonymously and in aggregate form.
Post: HD Reader’s Demographics
Link to comment from June 17, 2026