Search found 1703 matches

by Scott 2
Sun Jan 24, 2021 9:29 pm
Forum: Work & Education
Topic: Getting Paid to Read
Replies: 7
Views: 444

Re: Getting Paid to Read

@canoe - you are missing experience with an employer that views you as nothing but a warm body. When your qualifications are showing up on time and keeping a chair warm, you are treated accordingly. It feels terrible. In that sense - you would develop human capital. If this is an idea you will wonde...
by Scott 2
Sat Jan 23, 2021 9:56 pm
Forum: Work & Education
Topic: Getting Paid to Read
Replies: 7
Views: 444

Re: Getting Paid to Read

I took a quick glance through your post history - early 20's, in tech. The reward for work at that age isn't money. It is development of your latent potential into human capital. You want a job that builds you into someone who _is_ worth $96/hr. Don't waste your time on some "can I get paid to ...
by Scott 2
Sat Jan 23, 2021 2:52 pm
Forum: Work & Education
Topic: Getting Paid to Read
Replies: 7
Views: 444

Re: Getting Paid to Read

The article you linked - the hourly rate is $12/hr, for 3rd shift. What's the obligation on your sleep schedule worth? It's also in a caretaking environment. Yeah, you get to do whatever until they need you. But when they do. What does that look like? If you don't care what you are reading, you coul...
by Scott 2
Fri Jan 22, 2021 1:41 pm
Forum: ERE Book/Blog/Forum
Topic: jacob interviewed on the madFIentist podcast
Replies: 38
Views: 2142

Re: jacob interviewed on the madFIentist podcast

That's the upside of living in a high property tax area. My parents district - they even have a maker lab, including a Carvey CNC. The library is a place to learn, that provides social services. The books are an afterthought.
by Scott 2
Fri Jan 22, 2021 12:40 pm
Forum: ERE Book/Blog/Forum
Topic: jacob interviewed on the madFIentist podcast
Replies: 38
Views: 2142

Re: jacob interviewed on the madFIentist podcast

Good summary. Having just finished the audiobook, it's interesting to note the vast majority is a repeat of that content. A testament to how well the ideas have aged.


You might check the library for recording space or mic check outs. That's a thing they offer now.
by Scott 2
Wed Jan 20, 2021 8:12 pm
Forum: Money Questions
Topic: Living Off Your Money by Michael McClung
Replies: 2
Views: 250

Re: Living Off Your Money by Michael McClung

First 3 chapters free: http://livingoffyourmoney.com/wp-content/uploads/2016/05/LivingOffYourOwnMoney_eBook_FirstThreeChapters.pdf Bogleheads discussion: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=192105 Analysis spreadsheet: https://gumroad.com/l/OfsGt/free Blogs on prime harvesting,...
by Scott 2
Wed Jan 20, 2021 7:34 pm
Forum: Money Questions
Topic: Living Off Your Money by Michael McClung
Replies: 2
Views: 250

Living Off Your Money by Michael McClung

I picked this up off several recommendations. I am going to work my way through. I thought I'd start a thread for discussion and accountability.

First impression - oh crap, this is a textbook. The math doesn't look overly daunting, but it is going to be a slog. No wonder I couldn't find an audiobook.
by Scott 2
Wed Jan 20, 2021 2:16 pm
Forum: Skills & Tools Questions
Topic: Silicon spatula avoids food waste
Replies: 10
Views: 491

Re: Silicon spatula avoids food waste

Great memory!

Image
by Scott 2
Wed Jan 20, 2021 12:29 pm
Forum: ERE Journals
Topic: Phase III - Deja Vu All Over Again
Replies: 224
Views: 26514

Re: Phase III - Deja Vu All Over Again

Taking the earlier date gives you time to absorb any changes in perspective. To the extent it could impact your plan, there may be an argument in favor. Even now, after having taken a twelve week leave last year, I don't feel I can predict what not working will be like. The leave was absolutely diff...
by Scott 2
Tue Jan 19, 2021 10:42 pm
Forum: ERE Journals
Topic: What I Spend
Replies: 369
Views: 79796

Re: What I Spend

Your criticisms are on point. The ACA plan I'll end up with carries many limitations. The system is very broken. I started to rant about all the ways, but decided it's not worth rehashing again. I'll be watching legislation over the next two years closely. It is likely to impact my plan.
by Scott 2
Tue Jan 19, 2021 9:42 pm
Forum: ERE Book/Blog/Forum
Topic: ERE Audiobook
Replies: 60
Views: 11064

Re: ERE Audiobook

I have the book on audible. On a PC, you just log into their site and play it through your web browser. If you have an amazon fire stick, you can also play audible books through there. If you haven't used audible before, there is a free trial option that includes a book credit: https://www.audible.c...
by Scott 2
Mon Jan 18, 2021 7:41 pm
Forum: ERE Journals
Topic: What I Spend
Replies: 369
Views: 79796

Re: What I Spend

The MMM case study spreadsheet is very helpful. I've got a solid income target now, along with a method for calculating / recalculating it as circumstances change. From what I can tell, my optimal plan is to: 1. Generate AGI to consume the standard deduction, using an HSA to shelter what I can 2. Le...
by Scott 2
Mon Jan 18, 2021 12:35 pm
Forum: Skills & Tools Questions
Topic: Silicon spatula avoids food waste
Replies: 10
Views: 491

Re: Silicon spatula avoids food waste

The two part spatulas eventually mold inside the head. Super gross. We ended up with these:

https://www.amazon.com/gp/product/B00HDABAQS/
by Scott 2
Sun Jan 17, 2021 6:36 pm
Forum: ERE Journals
Topic: What I Spend
Replies: 369
Views: 79796

Re: What I Spend

I spent some time with the ERN SWR toolbox. It pretty clearly projects a 3.5% SWR for me, after accounting for my current social security estimate. The current CAPE rule of 1.75/0.5 is giving 3.22%, so adding my rough estimate of 25 basis points for SS also gets to about 3.5%. I tried to find an opt...
by Scott 2
Sat Jan 16, 2021 8:26 pm
Forum: ERE Journals
Topic: What I Spend
Replies: 369
Views: 79796

Re: What I Spend

Taxes are one of the biggest misses in my early estimates. I feel pretty confident I'll be under 10% now, probably much lower. I think even with today's valuations, a 3.25% SWR looks pretty conservative. Just moving from my prior estimate of 3%/15% to 3.25%/10% increases my spend by about 15%. I thi...
by Scott 2
Sat Jan 16, 2021 8:01 pm
Forum: Miscellaneous
Topic: What would you do if you had $3,000,000?
Replies: 23
Views: 1068

Re: What would you do if you had $3,000,000?

@2b1s - you nailed my US bias. Living anywhere else isn't part of my framework. Running sustainable programs makes way sense than writing a check. That's a good answer to "what will I do all day". I've generally been surprised how well financed local charities are. Not that individual cont...
by Scott 2
Sat Jan 16, 2021 11:22 am
Forum: ERE Journals
Topic: What I Spend
Replies: 369
Views: 79796

Re: What I Spend

I finished the ERN withdrawal series and ordered McLung's book. After updating my current asset allocation, I decided to pause the automatic investing: Cash - 20% Int Bond - 6% US Bond - 19% Int Stock - 15% US Stock - 41% Q1 last year, I started moving cash into a 40/60 life strategy fund, thinking ...
by Scott 2
Sat Jan 16, 2021 10:57 am
Forum: Miscellaneous
Topic: What would you do if you had $3,000,000?
Replies: 23
Views: 1068

Re: What would you do if you had $3,000,000?

I gradually walked my consumption up as I got more money. Nowhere close to 3MM levels, but I learned from it. I saw benefit in paying for help. Essentially buying time back. There's really no upper bound to this, but it comes at the trade off of making your lifestyle dependent on the help. Depending...
by Scott 2
Sat Jan 16, 2021 12:19 am
Forum: ERE Journals
Topic: What I Spend
Replies: 369
Views: 79796

Re: What I Spend

Thanks for the link to Tyler's response. My bias is against planning on a side hustle, so ERN's article around them resonated with me. I'm not sure much constructive will come of debating it :) Notice of my departure went out company wide today. Lots of people reaching out. I never really considered...
by Scott 2
Thu Jan 14, 2021 10:08 pm
Forum: ERE Journals
Topic: What I Spend
Replies: 369
Views: 79796

Re: What I Spend

My departure date has been set - communicated to my management peers and their departments today. I think notice goes to the full company tonight or early tomorrow. Many people put together this is an early retirement. After 10 years, I am leaving a leadership position - high paying, work from home,...