Don’t know if it’s still true, but when interviewing candidates in IT, if they would ask about benefits their candidacy went into the trash bucket. That was many decades ago so things may have changed.
We’ve been tracking our investments yearly since 1992. We have changed from an early all equities portfolio to a mixed one with CDs and Money Markets gradually as we’ve aged. We rebalance about once a year. We describe it as “couch potato” investing. Our average annual return has just been a bit over 7%. We feel comfortable with that and also watching that return drift slowly lower through the years.
Mike, That was exactly our thought process. Our heirs can inherit our assets. But not our SS. (or other pensions for that matter). We want to leave as much as we can to our children, grandchildren and - with luck - great-grandchildren. Others can feel and act differently.
That’s GOOD!
Comments
Unfortunately, we seem to be living in a time of great envy.
Post: The thief of joy
Link to comment from June 7, 2026
Yes
Post: Billionaires, taxes and you
Link to comment from May 29, 2026
Enjoy your new can-do-minimum!
Post: Moving is Expensive!
Link to comment from May 29, 2026
No one is stopping YOU from donating to food pantries or homeless shelters.
Post: Billionaires, taxes and you
Link to comment from May 27, 2026
Thankfully, I feel blessed with what I have. I feel no envy or need to “punish” those better off financially than I am.
Post: Billionaires, taxes and you
Link to comment from May 27, 2026
We didn’t “age in place” because my knees were no longer able to do stairs.
Post: Percentage that “age in place”
Link to comment from May 25, 2026
$5.29 a gallon in the Western Suburbs of Chicago.
Post: My Recent Fill-up
Link to comment from May 13, 2026
Don’t know if it’s still true, but when interviewing candidates in IT, if they would ask about benefits their candidacy went into the trash bucket. That was many decades ago so things may have changed.
Post: Benefits Young Adults Should Look at Before Taking a Job
Link to comment from May 12, 2026
We’ve been tracking our investments yearly since 1992. We have changed from an early all equities portfolio to a mixed one with CDs and Money Markets gradually as we’ve aged. We rebalance about once a year. We describe it as “couch potato” investing. Our average annual return has just been a bit over 7%. We feel comfortable with that and also watching that return drift slowly lower through the years.
Post: For Richer, For Poorer: 37 Years of Compounding
Link to comment from April 29, 2026
Mike, That was exactly our thought process. Our heirs can inherit our assets. But not our SS. (or other pensions for that matter). We want to leave as much as we can to our children, grandchildren and - with luck - great-grandchildren. Others can feel and act differently. That’s GOOD!
Post: Rethinking the “Right” Time for Social Security
Link to comment from April 25, 2026