JuneJuly

Don't be a RAT and bother Mike like the weaklings. There is an ignore function built-in for this. The one the weaklings pretend to use.

I'll send a PM. Firestick has started blocking some of the most popular APKs now. But so far it hasn't spread too much. There are other Android boxes for less than $50 tho.

Distinction without a difference. And PERMANENT. You're TimHauck stupid level semantics now. Standard deduction went UP. You probably missed that. Estate tax PERMANENT. You probably missed that. Screw the dumb and poor like GutterBoy RIP. $$$ You spent your whole day off here?

#1 - Massive tax cuts for the rich. Anything else is just gravy.

Ground hogs are enemy #1.

At least I can read.

Good job fellas. Resist the urge to slap the gimp. Next guy that responds to him gets a blanket party.

In other news the vibes for retirees are tremendous. If only they would have taught more finance classes in school these schmucks could've got in and got out.

Did this a decade ago or so with antiques. Wasn't worth is as shipping costs went way up. Totally not wrth it having to pay taxes. I think most places are already sending out 1099s based on the $600.

50s without a target date. That's not good. Using the 4% rule how far along are you and how much are you banking right now per year?

You have a plan for retirement yet? In your 50's? From where I'm sitting, I'd say you need help.

OK. Let's go with your tiny definition cash. It's normal in retirement to have 1-2 years worth of cash. Especially when you can get 4% guaranteed. You pay yourself with that cash instead of working for a paycheck. You sell stuff strategically because of taxes (tax harvesting at the end of the year for example) to replenish that cash. Did you notice him asking when to start selling his stocks? I'm trying to help you here. You really need to start thinking this way if you ever want to retire. Even if you don't retire early you still want to live off cash first and have a strategic plan for that.

NEWS FLASH: Retired guy lives off his hard earned cash!!!!!

I'd define cash as anything that's not in a tax sheltered account. For me that includes savings and brokerage. The brokerage is made up of all sorts of things, and yes including high interest savings currently at 4%. But the majority is well diversified in index funds. ETFs because it's a taxable account. [Note: you were talking about seafoam who clearly said he a bunch of old company stock. He clearly has a brokerage account] I plan to not touch any of my retirement/tax sheltered accounts until I'm 65. If those go untouched until then I'll be loaded. You have a very tiny view of cash if you think it's just checking and savings.

Cash is the very first thing you spend in early retirement dumbasss. What exactly do you think people live on until theyre 59.5? I'm going to be drawing down on cash for at least 10 years. I'll try to help anyone with this stuff, I don't care if they lie or not. Not that big of a deal to me, it doesn't change the fundamentals.

Minor in finance? Duh. You paid income on the cash you have in the bank a long time ago. That includes savings, Brokerage, Roth IRA , 401k Roth, After Tax 401k, HSA*, and others. Really regular IRA and 401k are the only ones that count as income. I got a News Flash for you: Most successful retirees have very little actual income in retirement. Boy do you have a lot to learn before you can start planning for retirement. *actually you never pay any taxes on HSA.

ACA has a cliff so you have to plan carefully. Somewhere around 85K and it looks at your MAGI so capital gains are in there too. If you screw it up you pay all the subsidies back at tax time. I'll be doing 401k rollovers up to the cliff ever single year.

Who said that?

$23,000 (17,000 for single) is the sweet spot for getting free ACA insurance if you decide not to work. Anything less than that is Medicaid. Another thing you should think about doing is rolling over that IRA to Roth. Pay the tax now while youre in a low tax bracket. You can roll 48K per year before you hit the 22% tax bracket. Then you'll never pay tax again. Surprised these financial guys you pay haven't suggested that. Another advantage to being married, you could roll 97K per year.

Few days a month. A few days a week is full-time dumbasss.

It's a super interesting question: During early retirement before you qualify for Medicare is it worth working a no-brainer job one week per month for free healthcare? If you were to pay for your own insurance outright it's 16K a year (for two people) If you manage your income just right you can get ACA insurance for free or pay up to 6K a year before the cliff. Probably not for me, but I can see why it appeals to a lot of people. That's why you see retirees working at the golf course and at Home Depot.

I'm not a fan of traditions like marriage, however, it does have a lot of financial benefits. But, being that much older and her likely being the higher earner negates a lot of them. One I see is that you could get on her insurance. The investment company is taking 1%, I'm guessing, for doing something that isn't very difficult.

Tim's not fear mongering, just predicting a 50%+ drop in the dow that won't recover for a decade.

Worse than the OPEC Oil Embargo!!!!!!!!

Not Armageddon, just not quite as bad as the Great Depression.