retire_under$1M

@RoaringHammy 50

Even though my defined benefit pension is significantly more valuable if i retire after 60 i'm definitely retiring between 50-55 as time is more valuable at that age. What would you do? Pension at 50: $25k/yr Pension at 55: $55/yr Pension at 60: $90k/yr

@travelandchill1 PNWers know it's Vancouver. The most livable city in North America consistently

90% People don't know this Place If anyone knows prove me wrong!

@RoaringHammy Yes, hard not to have fun, but certainly not my favorite vacation type. Prefer to get to know an area better and get off the tourist path.

Have you ever been on a boat cruise? I only been on the 7day alaska boat cruise and i loved it, i intend to cruise a lot after i'm retired 🤣

@TimurNegru What makes Menton stand out?

I disagree. The most underrated place in Europe is this French town that thinks it's Italian.

@RoaringHammy Despite the fact minimum wage of over $20 an hour applies to tipping positions it's still 18-20% tip. Means I think twice before eating out often these days. Meanwhile inflation is up another 5% in my city over the past year

What is a standard tip % in your country when dining at a casual restaurant? 18% is pretty standard in vancouver now

@RoaringHammy If they choose a US college, then partially. I would love to see them go to college in Europe.

Are you planning to pay for your kids' college? I'm planning to

@RoaringHammy I have mixed emotions on this as someone who played by the corporate first rules my whole life and am about to go on sabbatical. There are dumb risks and calculated risks and sometimes you need to live life instead of prioritizing a corporate job and missing out on life.

My friend's brother quit his job last year to travel for 6 months and haven't able to secure employment since and now his savings is almost depleted 😬 Do you know anybody like this?

@RoaringHammy Yeah. But at that point it's first world problems. If you don't care as bout keeping up with neighbors you can always pull the plug and live in many places. I realized this when eating out in my city became more costly than NYC.

I hear many people say you don't need more than $5 million net worth, but in my city that only gets you a middle class life. Middle class life is good enough for me, how about you?

@RoaringHammy Very close to that. Think often of selling out and having a paid for place (ideally overseas), but kids.

Is everybody in debt right now? all my friends in Vancouver have 7 figures of mortgage debt. Is this common in your city?

@RoaringHammy One car 2 years (13 yr old car), the other 10 years (16 yr old car). Paid $4,600 and $9k for the cars.

How long have you drove your current car for? I'm going into year number 12 already, how about you?

@TimurNegru No, but certainly interesting thought I'd be open to at the right time

@Retireunder1M Scouting trip?

Puglia is on fire right now 🔥

@BarbellFi You'd be fine. But do remember your Social Security will be much less without 35 working years.

I’m 36 & want to retire now 30 year treasury yield is 5% My annual expenses are $50k I can buy $1 million of these bonds Get $50k/year to cover my expenses For 30 years Get my $1 million back in 30 years Then at 65 collect social security I’m strongly considering this 😳

@RoaringHammy Zero.

Be honest, how many times do you eat at McDonalds every month?

US chicken is banned in Europe because it is all dumped in Chlorine. Does that give you pause?

@RoaringHammy Would almost surely be the case in the states too.

Apparently in UK, only 1 in 10 men reach retirement while still in good health 😮😮

Even mortgage rates are higher in the states. Rates in Portugal and Spain are between 2-3% 😱

@BoomerDivvies Fair, but in general what do you do about the ever widening wealth gap. This huge gap didn't exist to such an extent decades ago. In the end it comes down to the type of community one wants, each for their own or more community together.

My property taxes are nuts (>$60k) Why should two families using the same roads, schools, and services pay wildly different property taxes just because one house is worth more? Did one house get way better garbage pickup? Same services. Same city. It should be the same bill.

VXUS up 4% today and 7% YTD. How is your favorite etf doing?