Bio: It is always nice to inherit a roth ira. At the end of the 10 year period if the market is down at the time you should transfer the roth ira investment to a non ira fund of the to non ira fund of the same kind.
I retired at 59 in 1999 in order to spend more time on investments. I retired also because commuting was getting more and more difficult. I was driving about 38 miles each way. My wife was an anesthesiologist. She was making enough money, so there was no pressure in making both ends meet.I had a Ph.D. in engineering but my interest was in investments.
I am writing this sitting in India. I am older than Dick and yet I do not have grandchildren old enough to college. My oldest grandchild is a girl and she is 8 years old. Best of luck to Dick and others.
I think owning real estate for active or passive investment is a losing proposition. Active investing entails more hours. Instead of real estate stock market is a better proposition. If you own stock that will include real estate also. So owning real estate separately will involve additional burden.
Comments
i am sorry there was a typo in my poasting. I typed “Bio” instead of Bil’,
Post: An Inherited Roth IRA… Now What?
Link to comment from January 25, 2025
Bio: It is always nice to inherit a roth ira. At the end of the 10 year period if the market is down at the time you should transfer the roth ira investment to a non ira fund of the to non ira fund of the same kind.
Post: An Inherited Roth IRA… Now What?
Link to comment from January 25, 2025
I retired at 59 in 1999 in order to spend more time on investments. I retired also because commuting was getting more and more difficult. I was driving about 38 miles each way. My wife was an anesthesiologist. She was making enough money, so there was no pressure in making both ends meet.I had a Ph.D. in engineering but my interest was in investments.
Post: Revising Retirement by Marjorie Kondrack
Link to comment from December 29, 2024
I am an HD reader. I have published only one article in HD. I do not feel I am wealthy or rich.
Post: Are you wealthy or just rich? By Dick Quinn
Link to comment from December 18, 2024
My primary insurance is Medicare and secondary is United Healthcare. I do not have any experience of denied care from United Healthcare.
Post: HD readers – “a cut above” as Jersey Mike the new billionaire says
Link to comment from December 12, 2024
This is an excellent story. Until I read the lat line, I did not realize that Dick was talking about his sister's family.
Post: One family, two very different life experiences
Link to comment from December 11, 2024
I am writing this sitting in India. I am older than Dick and yet I do not have grandchildren old enough to college. My oldest grandchild is a girl and she is 8 years old. Best of luck to Dick and others.
Post: Helping family
Link to comment from November 21, 2024
I retired at the age of 58 plus a few months at the end of 1998. We did not need the money. I never looked back.
Post: Time’s Up
Link to comment from November 16, 2024
I think owning real estate for active or passive investment is a losing proposition. Active investing entails more hours. Instead of real estate stock market is a better proposition. If you own stock that will include real estate also. So owning real estate separately will involve additional burden.
Post: Hands-On vs. Hands-Off: Real Estate’s Own Active-Passive Debate by Steve Abramowitz
Link to comment from November 3, 2024
Yes I invested the money. I believe I would have received more if I had waited until 70 in guaranteed income.
Post: Working for Free by Ken Cutler
Link to comment from August 27, 2024