Forgot to do my spreadsheet this weekend. Feeling like a fraud. I’m sorry FIRE gods…
Wife is pregnant for the first time (very early, so we’re still in the ‘fingers crossed’ stage). Definitely not ready to tell family/friends, but exciting times nonetheless!
We’re slightly older than most new parents and have been down the FIRE path for a while so we’re financially prepared, which is nice. Definitely grateful for the financial security.
Now I get to look in to 529 plans for the first time. Not thrilled that I have to use one of the ones run by the state to get the state tax benefit. Didn’t want to have to manage a separate account from my brokerage/IRA. Oh well!
sips coffee
stocks sure are cheap these days
It’s evenly distributed.
Point is, Gen X is PLENTY represented in Congress.
I mean… lol. Gen X makes up ~33% of the US House and ~20% of the overall population.
Meanwhile, Millennials make up 8% of the House and 25% of the population.
$2 mil for some lavish comfort and not having to stress so much about a strict budget, or $1.8 mil for a easily doable 3.5% withdrawal rate. For both numbers I would want a paid off house to be able to manage my tax situation better.
I’m at about $700K in savings/retirement, $200K in home equity which doesn’t really count for anything in this scenario, and $250K left on my mortgage. So… not that close but honestly not that far if all goes well. Hopefully eight years or so.
Of course — I made it!
Threw out my back yesterday by bending over to pick up a single wine bottle. Sigh.
I did enjoy the wine though.
I wish they would ban military nights. False patriotism.
Signed, a veteran.
Man… Silver seems like such a soft commish. This isn’t much of a deterrence.
Keep Talking and Nobody Explodes
Note: can’t play this with my wife. She has gotten me killed many, many times.
Happy New Year!
Or, since I couldn’t say it properly as a young child… habbynoony! (My parents still say this to me every year)