Dave Melick

Comments:

• Keep fighting the fight, Jonathan!

  Post: Turned Upside Down

  Link to comment from October 5, 2024

• I don't know whether our monthly expenses are "fairly low", but I do know they're less than our monthly income. Yes to "blessed"!

  Post: Sequence of Return Risk

  Link to comment from September 28, 2024

• Past the "danger zone"? Yes. We each have defined benefit pensions with COLA's which more than cover our monthly expenses. As a result, I really have no inclination to modify our asset allocation from its current 70: 30 configuration. Those investments are just icing on the cake, whether for us or for our children and grandchildren.

  Post: Sequence of Return Risk

  Link to comment from September 27, 2024

• I suggest another bullet point to your excellent list, Jonathan, pensions. My wife and I don't really have an "emergency fund" because we have defined-benefit pensions that have COLA's and more than cover our monthly expenses. Excess $ goes to our vacation account, home/auto maintenance account, and a couple others, each of which is a high yield savings account -- I guess that makes those accounts our "emergency funds".

  Post: Six Months of Cash?

  Link to comment from September 21, 2024

• Second Look is toward the bottom of each day's set of articles and has its own heading. Scroll down and you'll find it.

  Post: Behind the Curtain

  Link to comment from September 19, 2024

• Good to learn all this "behind the curtain" stuff, Jonathan!. I had wondered about the selection process for previous articles, and had also wondered whether my computer/browser or I was doing something "wrong" when going back late to try to reread some of the second look items, and then not being able to find them. Thanks for your efforts with Humble Dollar!

  Post: Behind the Curtain

  Link to comment from September 18, 2024

• Retired 66&65-year old educators here, blessed to have defined benefit pensions with annual COLA's and which more than cover all our expenses. Current asset breakdown is: tax-exempt, 25% tax-deferred, 10% taxable, 65% Note: the taxable is way out of proportion, but about 75% of that amount was from my mother in law's estate. Had a couple conversations with my wife about things that could be done with the money, but the conversations were somewhat stressed (very low tolerance for investment risk), so I decided "happy wife, happy life", and dropped the issue.

  Post: What’s your asset breakdown by tax treatment?

  Link to comment from September 11, 2024

• Excellent post! I like the analogy between Biblical talents and developed abilities.

  Post: What’s Your Talent?

  Link to comment from August 13, 2024

• Similar interests here, grandchildren and travel. We are 80:20 and very comfortable with that. We each have pensions with COLA's, and minimal part-time work which more than covers our expenses. So, our asset allocation fits our financial position nicely.

  Post: A Big Question For Me Heading Into Retirement

  Link to comment from August 9, 2024

• Yes, that is what I am expecting. Didn't explain that very well.

  Post: Nobody wants to pay healthcare bills, Quinn says he knows why.

  Link to comment from July 25, 2024