I can recall the Radio show from the 80s-90s, Bob Brinker's "Money Talk" - he would recommend gold mining stocks, if you were inclined to go that direction. Produces a dividend (typically) and is easy to buy and sell. I wound up buying a copper mining stock in the early 2000s that has done quite well and produced a lot of dividends over the years.
My wife and I are in the middle of this right now. We have decided to delay my SS (I am the higher earner) until 70, and we started hers at 64 (about a year ago). We are spending down some accounts to tide us over until my SS starts. I look at SS at 70 as longevity insurance. My Dad is almost 92 and my Mother-in-law is approaching 91. My bet is at least one of us makes it to that point. I hate seeing money fly out of our accounts, but I am trusting the math.
I am glad to hear that you are doing better. I am not yet retired and I have had major heart surgery, a stroke, and as a nice kicker, CLL. So I can relate. Have you messed around with https://ficalc.app/ ?? Its pretty cool.
Comments
I can recall the Radio show from the 80s-90s, Bob Brinker's "Money Talk" - he would recommend gold mining stocks, if you were inclined to go that direction. Produces a dividend (typically) and is easy to buy and sell. I wound up buying a copper mining stock in the early 2000s that has done quite well and produced a lot of dividends over the years.
Post: What About Gold?
Link to comment from June 7, 2025
My wife and I are in the middle of this right now. We have decided to delay my SS (I am the higher earner) until 70, and we started hers at 64 (about a year ago). We are spending down some accounts to tide us over until my SS starts. I look at SS at 70 as longevity insurance. My Dad is almost 92 and my Mother-in-law is approaching 91. My bet is at least one of us makes it to that point. I hate seeing money fly out of our accounts, but I am trusting the math.
Post: Buying an Annuity from the SSA
Link to comment from May 3, 2025
Write a version of the article for Humble Dollar, and aim it at general folks like me. That would be a service to us all.
Post: Buying an Annuity from the SSA
Link to comment from May 3, 2025
1. 5.8% 2. 7% 3. Yes 4. 3200 5. 9000 6. Yes 7. Yes 8. 5.5%
Post: How’s Your Crystal Ball? By Jonathan Clements
Link to comment from April 6, 2025
Mine is held by Empower, which is owned by Great West Financial, an insurance company. We will part ways as soon as I retire. Good riddance.
Post: Love, Hate and My 401(k)
Link to comment from December 7, 2024
I do the quarterly thing with spreadsheets on Google Sheets. I have heard of GnuCash but never looked at it seriously. I will now. Thanks for the tip.
Post: How Often Do You Calculate Your Net Worth And Why
Link to comment from December 1, 2024
The only thing I miss about vinyl is the cover art.
Post: Our Spending Spree
Link to comment from March 20, 2024
I am glad to hear that you are doing better. I am not yet retired and I have had major heart surgery, a stroke, and as a nice kicker, CLL. So I can relate. Have you messed around with https://ficalc.app/ ?? Its pretty cool.
Post: Farewell to Forever
Link to comment from March 6, 2024
Lotteries are a tax on people who are bad at Math.
Post: ’Tis the Stress Season
Link to comment from December 17, 2023
If Costco doesn't sell it, I probably don't need it.
Post: House of Cards
Link to comment from October 7, 2023