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Richard Adams

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    • Thanks for the thoughtful post. After thirty years of intense work with my firm, I started part time this week (not working Fridays). The decision to try part-time as a transition to retirement was informed in no small part by the discourse here on Humble Dollar. Too soon for me to provide any findings, but I was definitely not bored yesterday on my first Friday off. Thanks again!

      Post: Revising Retirement by Marjorie Kondrack

      Link to comment from January 4, 2025

    • My 22-year-old daughter in Denver just mentioned to me that she and her roommate had questions about retirement plans as they were signing up in their new jobs. They pulled out the book I had given my daughter (How to Think About Money) and found the answers they needed. I didn’t ask what the questions were because I knew they had better advice in their hands than anything I could provide. Jonathan, your impact goes way beyond the pages of HumbleDollar!

      Post: No Regrets

      Link to comment from September 7, 2024

    • Another engineer here, and I have to agree with Braddo about the American size/weight arms race degrading safety nationwide. Trucks and SUV's also have increased hood heights (basically for cosmetic reasons) and this has been documented to increase pedestrian fatalities substantially. Unfortunately, pedestrians will continue to get hit every day, and the higher grills mean that their vital organs are being struck, turning minor injuries into fatalities.

      Post: Connor suffers from new car envy

      Link to comment from August 4, 2024

    • I appreciate your and Howard’s thoughts on this. I am also in NC - my father-in-law lives at the Cypress of Raleigh and seems to be very happy with their ownership model and with their overall operation and management. I can’t figure it out but I do know that the Cypress gets a cut every time a unit is resold. Hayes Barton Place is the new Liberty facility under construction near our house. Lots of homework for me to do, and y’all’s comments have been very helpful. Thanks again.

      Post: Getting in Line

      Link to comment from April 1, 2024

    • Interesting and helpful article- thanks Howard. Two issues we are thinking about as my wife and I consider CCRC options are (1) are there any good for-profit options, and (2) is an ownership model a good thing to seek out? For question (1), we have a Liberty Senior Living facility under construction in the heart of our neighborhood (literally a short walk from our house) so we definitely want to consider that place. For question (2), my father-in-law is at a CCRC where he owns his unit, and the appreciation in unit values has been significant. Any thoughts or comments are welcomed. Thanks again!

      Post: Getting in Line

      Link to comment from March 30, 2024

    • I agree with comments about a second home being a less than brilliant financial move, but I will tell you that my 88-year old father-in-law has had a beach condo for decades and loves it. He had an escape from lockdown at his CCRC during peak Covid, and he has a community at the coast for bridge and other activities. Most of all though it’s given him a distinct draw to attract visits from children, grandchildren, and now great-grandchildren. His beach place has a busy calendar every summer. The wife and I hope to have a place at the shore ourselves if we can swing the costs.

      Post: Wishing My Life Away

      Link to comment from April 8, 2023

    • I also have followed HD since its inception and have picked up some great advice and ideas along the way. I also found a good financial advisor through the site so that’s a bonus for me. Calendar permitting, I would attend a conference and find an in-person experience to be best. Philly is a good spot for me, but as a southerner I would vote for a warmer season (anything but winter really). Thanks for everything y’all do!

      Post: A Difficult Year

      Link to comment from January 7, 2023

    • My fellow southpaw makes a good point here - I believe home improvement costs can also be used to reduce the taxable gain above and beyond the $500k exclusion. We are fortunate enough to be sitting on gains well above $500k on the house we bought in 1996, but we have tried to keep good records on the many significant home expansions and improvements we've done over the years. Whenever we sell, I guess we'll see if the IRS agrees that we kept good records on those improvements.

      Post: A Home Run

      Link to comment from September 21, 2022

    • "especially for an engineer" ? That hurts :-)

      Post: Learning by Erring

      Link to comment from July 2, 2022

    • I remember taking Engineering Economic Analysis in the 1980's as a young civil engineering student. While our instructor unfortunately didn't open us up to the wonderful world of equity investing, I was profoundly impressed by the power of compounding, and saved the textbook (with it's handy formulas on the inside cover) to this day. Like Dr. Joe, I have a P.E. at the end of my name, and have benefited from a great career as well as the power of some simple math to make better financial decisions over the years. Thanks for sharing your story!

      Post: Learning by Erring

      Link to comment from July 2, 2022

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