The 2008 Financial Crisis had a long run up of political malfeasance: https://georgewbush-whitehouse.archives.gov/news/releases/2008/12/20081221-2.html
Jonathan, as someone who has followed you since your days at WSJ, bought my kids you books, and a long term subscriber, I'm deeply saddened by this news. It seems like my friends and acquaintances are leaving my world at an ever increasing rate :-(I just want you to know that my life was much richer following your holistic advice on money and living. You taught me lessons and I passed those down to my kids. The most important lesson was that wealth can be measured by the number of choices you have. Sadly, your choices are quickly diminishing. My thoughts go out to you, and especially your family. They were so lucky to have your wisdom and presence in their lives. May the four winds blow you safely home...
Re: "you can suspend benefits once you reach your full Social Security retirement age of 66 or 67, and thereafter collect delayed retirement credits until you restart benefits." I did that.
While I agree with the holistic view you have, I think that the FIRE people are on to something. As we all know it is better to save and invest $1 for 30 years than $1 for 10 years. Those that follow the FIRE mantra and then 10-15 years later decide to back off the gas and smell the roses are still way ahead of those that waited.
Comments:
The 2008 Financial Crisis had a long run up of political malfeasance: https://georgewbush-whitehouse.archives.gov/news/releases/2008/12/20081221-2.html
Post: Rent Forever?
Link to comment from January 9, 2025
Thanks Johnathan!
Post: Sharing Lessons
Link to comment from December 18, 2024
It is rebalanced by definition!
Post: Equally Bad?
Link to comment from October 20, 2024
FWIW, I too sent Jonathan a Wish You Well note, and like you, he responded. I consider him a friend even though we have never met.
Post: The C Word
Link to comment from June 15, 2024
Jonathan, as someone who has followed you since your days at WSJ, bought my kids you books, and a long term subscriber, I'm deeply saddened by this news. It seems like my friends and acquaintances are leaving my world at an ever increasing rate :-( I just want you to know that my life was much richer following your holistic advice on money and living. You taught me lessons and I passed those down to my kids. The most important lesson was that wealth can be measured by the number of choices you have. Sadly, your choices are quickly diminishing. My thoughts go out to you, and especially your family. They were so lucky to have your wisdom and presence in their lives. May the four winds blow you safely home...
Post: The C Word
Link to comment from June 15, 2024
We did thi,s and now my wife's ROTH is larger than her traditional IRA.
Post: Paying to Avoid Pain
Link to comment from May 11, 2024
Re: "you can suspend benefits once you reach your full Social Security retirement age of 66 or 67, and thereafter collect delayed retirement credits until you restart benefits." I did that.
Post: Fully Committed
Link to comment from April 20, 2024
FICA payments are not taxes, they are insurance premiums. Modeled after the Mafia's "insurance" programs.
Post: Making Claims
Link to comment from April 6, 2024
re: "I don’t know about rates of return, present value and such..." Obviously!
Post: Making Claims
Link to comment from April 5, 2024
While I agree with the holistic view you have, I think that the FIRE people are on to something. As we all know it is better to save and invest $1 for 30 years than $1 for 10 years. Those that follow the FIRE mantra and then 10-15 years later decide to back off the gas and smell the roses are still way ahead of those that waited.
Post: Fire Meets Ice
Link to comment from February 10, 2024