| Currency |
|---|
| United States Dollar - USD |
| Date Joined |
|---|
| 10/4/2016 |
| Salary Range |
|---|
| 90,000 - 99,999 |
| Occupation |
|---|
| Retired |
| Age Range |
|---|
| 45-49 |
| About Me |
|---|
| Retired cop, married to wife who retired from job in finance |
| Why I Joined |
|---|
| To track my progress. I love looking at numbers. |
| Best Financial Decision |
|---|
| Marrying a smart, frugal wife; Living on 1 income; purchasing rental property after the last crash; maxing out my 457/401k for the last 16 years out of a total of 20 years; starting 457k at 20% from the start of my career; never expanded our lifestyle to fit our (mainly her) increasing incomes. |
| Worst Financial Decision |
|---|
| Liking new cars. |
| Current Investing Strategy |
|---|
| Currently my pension is our main source of income. Thankfully, we've been planning for that for over 20 years. So, it's not a surprise.
We're able to live quite well on that alone. We supplement that by dipping a little into savings or investments to pay for extras like traveling or a new car. Still keeping an eye out on the real estate market, in case a great deal comes along. But, our aim now is passive investing as we've sold our rental properties. |
| How do you manage your finances? |
|---|
| My wife tracks our expenses. We've been very consistent for many years. So, there's not much management going on other than recording our income and expenses. Our spending habits really haven't changed in many years. So we basically know what we spend every month without looking. |
| What tools do you use? |
|---|
| iphone. |
| Favorite Authors |
|---|
| Suze Orman; Warren Buffett; Bruce Lee; |
| Favorite Books |
|---|
| Rich dad, poor dad was the book that started me on the journey; Millionaire next door; |
| Favorite Movies |
|---|
| Lord of the ring, braveheart, saving private Ryan |
| Last Login |
|---|
| 1/12/2020 |