My wife and I leased an EV for two reasons besides wanting to be green. First I was concerned about the depreciation and technology and second we were only able to receive the $7500 purchase credit through a lease. Eighteen months into our lease the car was totaled by a third party in a parking lot at our local senior center. As much as we liked the EV I can tell you we are much happier with an internal combustion vehicle. Annual milage on the vehicle is less than 6,000 which negates much of my concern on vehicle emissions.
Mark, my guess is Jack Daniels might be a better option than tobacco. In a barter economy I am certain it might be a superior exchange given a lot of folks have given up smoking. Jack Daniels also has an indefinite life span, although it is not quite as portable as cigarettes.
Couldn't agree more with the three of you. Those retiring with guaranteed income are likely in the minority going forward since pensions plans are becoming scarce, however it’s a wonderful place to be. My goal for retirement is to have a guaranteed income to support our lifestyle. Investment income is for the extras, kids, charity and a legacy. In good years we will take 4 % or more. In down years I don’t want to reduce the principle. My three-legged stool includes a decent pension, social security which will be augmented with the recent SS windfall elimination provision and an annuity which was funded with 50 % of my deferred comp. At 63, I have a way to go before claiming social security and my annuity will turn on at 65. In the interim we have enough cash to ride out any market hiccups.
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My wife and I leased an EV for two reasons besides wanting to be green. First I was concerned about the depreciation and technology and second we were only able to receive the $7500 purchase credit through a lease. Eighteen months into our lease the car was totaled by a third party in a parking lot at our local senior center. As much as we liked the EV I can tell you we are much happier with an internal combustion vehicle. Annual milage on the vehicle is less than 6,000 which negates much of my concern on vehicle emissions.
Post: Buying a car in retirement
Link to comment from July 18, 2026
Mark, my guess is Jack Daniels might be a better option than tobacco. In a barter economy I am certain it might be a superior exchange given a lot of folks have given up smoking. Jack Daniels also has an indefinite life span, although it is not quite as portable as cigarettes.
Post: Why Marlboro Gold is better Than Gold
Link to comment from March 14, 2026
Couldn't agree more with the three of you. Those retiring with guaranteed income are likely in the minority going forward since pensions plans are becoming scarce, however it’s a wonderful place to be. My goal for retirement is to have a guaranteed income to support our lifestyle. Investment income is for the extras, kids, charity and a legacy. In good years we will take 4 % or more. In down years I don’t want to reduce the principle. My three-legged stool includes a decent pension, social security which will be augmented with the recent SS windfall elimination provision and an annuity which was funded with 50 % of my deferred comp. At 63, I have a way to go before claiming social security and my annuity will turn on at 65. In the interim we have enough cash to ride out any market hiccups.
Post: A Rule of Thumb Is Not a Plan
Link to comment from February 28, 2026