Sandip Lahiri

Comments:

• Sanjib, Thank you very much for your reply! I am afraid that I have offended many readers with my post. I should have watched out my words instead of blurting out my comments. So to avoid any further discord I respectfully pass your offer for further input. Hope you will not mind. All the best to the checkup tool. I hope Jonathan will forgive me for my comments. Thanks again!

  Post: Two-Minute Checkup

  Link to comment from August 8, 2022

• My apologies if I have hurt your feelings! It was definitely not what I intended. I was not a judgment call of the product by any means. I am sure a lot of readers will find it super helpful. I did not but it does not mean much, if anything at all. I am an ardent fan of your newsletter. You are one of the very few people trying to make a true difference in our personal finance lives. Thank you so very much for your dedication and effort.

  Post: Two-Minute Checkup

  Link to comment from August 7, 2022

• Useless. I am guessing too little input and heavy extrapolation from typical wisdom have skewed the results to be of any value (to me). The result makes generic conclusions none of which makes sense to me. For example, here are some of the dubious advice from the result:

  1. it is making unrealistic assumptions that I will need a significant amount of current income in my retirement. Then it estimates I need to save more than my yearly income every year.
  2. It advises me to cut $18K+ of fixed costs by reducing mortgage, rents, cable bills etc. I do not have any of these expenses. My fixed costs are small and limited to essentials.
  3. It is asking me to save and buy 529 plans, as one of my kids are over 21. My kid got a near free education from local state university. And is loaning from Federal govt. for her MD. The other one will probably get money from her state school for her undergraduate studies.

  Post: Two-Minute Checkup

  Link to comment from August 6, 2022