Hi, I'm a lawyer licensed in Ohio and Kentucky, practicing real estate law in Cincinnati. Since 2009, one of my favorite hobbies has been personal finance. I listen to podcasts and read books and articles to quench my interest. Other than posting here, my lovely wife and two daughters keep me plenty happy and busy. Check out my HD articles.
Adam Grossman on The Long View
8 replies
AUTHOR: Ben Rodriguez on 5/26/2026
FIRST: William Perry on 5/26 | RECENT: Howard Schwartz on 5/29
I got the call
12 replies
AUTHOR: Ben Rodriguez on 2/6/2026
FIRST: 1PF on 2/6 | RECENT: Jeff Peck on 2/8
I accidently Coast FIRE'd. Can I stop saving?
6 replies
AUTHOR: Ben Rodriguez on 1/2/2026
FIRST: Mark Crothers on 1/2 | RECENT: David Lancaster on 1/3
Can we be completely safe?
35 replies
AUTHOR: Ben Rodriguez on 12/17/2025
FIRST: bbbobbins on 12/17/2025 | RECENT: Cammer Michael on 12/26/2025
Is now the time to go long in bonds?
7 replies
AUTHOR: Ben Rodriguez on 7/3/2025
FIRST: quan nguyen on 7/3/2025 | RECENT: BMORE on 7/4/2025
Ever heard Down the Middle?
5 replies
AUTHOR: Ben Rodriguez on 7/1/2025
FIRST: Jonathan Clements on 7/1/2025 | RECENT: Ben Rodriguez on 7/3/2025
Should all Americans pay federal income tax?
27 replies
AUTHOR: Ben Rodriguez on 3/17/2025
FIRST: R Quinn on 3/17/2025 | RECENT: Liam K on 3/25/2025
The Long View Podcast: Jonathan Clements: 'Life Is Full of Small Pleasures'
9 replies
AUTHOR: Ben Rodriguez on 10/15/2024
FIRST: Jeffrey Rapp on 10/15/2024 | RECENT: Jack Hannam on 10/16/2024
How and when did you find out about HumbleDollar?
15 replies
AUTHOR: Ben Rodriguez on 9/25/2024
FIRST: Ken Cutler on 9/25/2024 | RECENT: 1PF on 9/26/2024
Did you retire in or around year 2000? If so, how's it going?
5 replies
AUTHOR: Ben Rodriguez on 6/20/2024
FIRST: Jonathan Clements on 6/21/2024 | RECENT: Richard Hayman on 7/6/2024
AT LEAST ONCE A YEAR, I watch the hilarious short YouTube clip by personal-finance author JL Collins. If you aren’t around small children and can handle liberal use of America’s favorite four-letter word, check it out. Some may recognize it as a parody of actor John Goodman’s soliloquy from the film The Gambler starring Mark Wahlberg.
The clip, however, is more than just entertaining. Its content is what keeps me and, judging from the half-million views,
WHEN I WROTE ABOUT the Dow Jones Industrial Average reaching 35,000 in 2021, it’ll surprise few to hear that I—like the stock market—was euphoric. I’ll confess that in 2022, as stocks plunged, I felt silly for having written the article.
But here I am again, writing about the latest milestone for our old friend. After flirting with the number in mid-March, the Dow hit an intraday high topping 40,000 on May 16 for the first time in its history.
MY WIFE AND I ARE super-savers. For us, that means we save as much as permitted each year in the retirement plans available to us. Once we’ve done that, we invest in our regular taxable accounts, where there’s no limit on the amount we can contribute.
We’re under age 50. That meant that, in 2022, the maximum contribution was $6,000 each to our IRAs and $20,500 each to our 401(k)s. Because the contribution limits increase with inflation,
IN FALL 2021, I WROTE about my father-in-law’s impending death due to cancer. He died a few months after publication. I had the honor of writing his obituary. Like my wife and her family, I have found myself wanting to call him many times since he died.
I was born in the early 1980s. That means that, until very recently, all I’ve known is a falling interest rate environment. People from my father-in-law’s generation knew environments like today—when interest rates and inflation rose together,
FOURTEEN YEARS AGO, my father-in-law was diagnosed with a blood cancer—multiple myeloma—and given five years to live. Ever since, he’s been battling it like a warrior. But he’s dying now, and he won’t be around much longer.
My father-in-law grew up without money to Depression-era parents. He earned his way into a prestigious college, and eventually received a PhD in chemical engineering. He had an impressive career as an engineer with a large chemical company in the Midwest.
ONE OF MY FAVORITE pastimes is listening to podcasts. I subscribe to about 20—half of them related to finance.
One series, produced by a large Wall Street investment house, features three-to-five-minute episodes. They’re usually about market trends or economic analysis. Truthfully, they aren’t among my favorite podcasts. But I like their short length when I don’t have time for a 30- or 60-minute episode.
On a recent podcast, listeners were told that the firm’s economists believe that U.S.
MY WIFE AND I are aiming to retire in 10 or 15 years. With the Dow Jones Industrial Average close to 35,000, I can’t help but wonder: At what level for the Dow can we retire?
Yes, I know the Dow is a terrible index. But it’s also the one that’s most commonly mentioned in the media. I’ve followed it for most of my life, so I’m much more emotionally tied to it than the S&P 500 or any other index.
TWO YEARS AGO, I was 100 pounds overweight and constantly hungry. I had been overweight most of my life. But as a father of young kids, I was newly motivated to try to improve my life expectancy. I fortuitously discovered intermittent fasting and the low-carbohydrate way of eating, and instantly had success. Right away, I set an ambitious goal of losing the entire 100 pounds in one year. With a lot of hard work and dedication,
THIS IS THE STORY of how I thought I’d successfully timed the market—but didn’t.
I started investing in 2007, when the stock market peaked, which wasn’t great. But then came 2009 to 2019. Stocks enjoyed the longest and one of the strongest bull markets in history, averaging some 15% a year. Thanks to that great bull market, my wife and I found ourselves with more in our taxable mutual funds than we owed on our home mortgage.


Comments
I've opened Trump accounts for both of my minor kids, only one of whom is under 10 (hoping to get the $250 Dell gift). As exciting as it is to have a new tax advantaged account, I suspect that these accounts will be most beneficial to two groups: the poor and the wealthy. The poor because a $1000 gift (plus the resulting growth) will make a substantial difference to someone of lesser means. The wealthy because if you're rich enough to max out every other tax advantaged account and you can contribute $5000 per year to your kid's Trump Account, that money can grow to gob-smacking sums by the time they rich retirement age.
Post: Trump Accounts
Link to comment from July 11, 2026
Good question. What impact do IRAs/Roths held by the student have? I hope it's none, but I don't know.
Post: Trump Accounts
Link to comment from July 11, 2026
Amen. It should be called the Universal Savings Account (USA)! What could be more patriotic than that!
Post: Trump Accounts
Link to comment from July 11, 2026
I'm intrigued. Write a post about it.
Post: Would You Be Miserable?
Link to comment from June 9, 2026
that's funny bc I only tell my wife about how the market did when it goes up.
Post: Would You Be Miserable?
Link to comment from June 9, 2026
The truth is I don't know. I think miserable might be too strong, but I, too, would not be happy. This 17-year bull market has really spoiled me.
Post: Would You Be Miserable?
Link to comment from June 9, 2026
Do we have a family meeting with all four, give details to the executors who will handle our estate or pick one? YES! Do we share every detail, every dollar and where it is? YES! Sir, you're in your 80s. The time is now.
Post: Time to share our financial info with children?
Link to comment from June 8, 2026
To everyone who read this post we owe it to Jonathan and ourselves to LIVE! Live to the fullest.
Post: Mourning the World
Link to comment from June 5, 2026
I don't know who Alice Mia is, but I doubt she's a HumbleDollarian. That was a stupid comment. She's probably selling something. I'm in my 40s. I'm very comfortable being a 401k and Roth IRA millionaire. I guess I'll just have to keep "suffering" my way through life.
Post: Retirement Accounts
Link to comment from May 21, 2026
Bach said that if they do this he would withdraw his entire IRA immediately and pay the 12% rate. Intriguing idea.
Post: Should Retirees Get a Temporary Flat Tax Window on IRA and 401(k) Withdrawals?
Link to comment from May 21, 2026