If you put away $$$ early in your career in to the SP500 Index Fund over 40-50 years you will have enough. Might wanna open a Trump account for kids under 18; guarantees a very healthy and wealthy retirement fund as a traditional IRA
20% in one stock is far too much risk. If your goal is to leave much to the kids you might consider lowering your stock allocation. What tax bracket would that hit if you sell. Too late for roth conversions LIGHTEN up at age 82 as the mkt is OVERVALUED according to Buffett
Red Flag alert when couples have separate accounts. IF SO make sure you have copies of their accounts forever and the same with tax returns. KEEP THEM FOREVER. Divorce is rampant and raises its ugly head in settling finances in divorce
As Bernstein said "When you won the game. cash in your chips". When you reach your goal cut back your work and enjoy the fruits of your labor. An extra X amount of dollars will not bring you better health or happiness
Comments
Pre Retirement the objective is to avoid SORR-have 5-7yrs in assets to provide all the income you will need in case the stock mkt CRASHES!!!!!!!!!
Post: The Bear Market Survival Kit (Pharmaceuticals Not Included)
Link to comment from March 24, 2026
If you put away $$$ early in your career in to the SP500 Index Fund over 40-50 years you will have enough. Might wanna open a Trump account for kids under 18; guarantees a very healthy and wealthy retirement fund as a traditional IRA
Post: Retirement in America is not a pretty picture…and not getting better.
Link to comment from March 17, 2026
if the stock mkt drops 50% will you be able to maintain your lifestyle?
Post: What, Me Worry?
Link to comment from March 15, 2026
20% in one stock is far too much risk. If your goal is to leave much to the kids you might consider lowering your stock allocation. What tax bracket would that hit if you sell. Too late for roth conversions LIGHTEN up at age 82 as the mkt is OVERVALUED according to Buffett
Post: Critique my investment strategy or lack thereof
Link to comment from February 25, 2026
Can it be converted tax free to a Roth at age 18??
Post: Trump Account
Link to comment from February 24, 2026
Trump Account contribution from govt is for babies 2026-2030
Post: Trump Account
Link to comment from February 24, 2026
we are due for as downturn or worse; a black swan event in this crazy political environment
Post: Don’t Let Mr Market Bully You: A Gentle Reminder of Your Built-In Protection
Link to comment from February 8, 2026
Red Flag alert when couples have separate accounts. IF SO make sure you have copies of their accounts forever and the same with tax returns. KEEP THEM FOREVER. Divorce is rampant and raises its ugly head in settling finances in divorce
Post: The High Cost of Financial Advice: A Tale of Two Portfolios Revisited
Link to comment from February 6, 2026
As Bernstein said "When you won the game. cash in your chips". When you reach your goal cut back your work and enjoy the fruits of your labor. An extra X amount of dollars will not bring you better health or happiness
Post: The Right Time to Retire Isn’t Always the Optimal Time
Link to comment from February 5, 2026
living in fla with an income of almost 400k and 20% eff tax rate-whats better
Post: Your effective tax rate
Link to comment from February 1, 2026