Search found 79 matches

by beachbumz
Tue Mar 08, 2005 7:07 am
Forum: FIRE Board
Topic: Is Hocus FIREd?
Replies: 79
Views: 138612

that was in response to posts putting the 'Hocus plan' in the 'land of busted retirements' on the original board that I posted on. This is the sort of thing that you need to point out in your posts to give them balance, BeachBumz. Here is the VERY FIRST sentence of my original post: "I posted ...
by beachbumz
Tue Mar 08, 2005 6:41 am
Forum: FIRE Board
Topic: Is Hocus FIREd?
Replies: 79
Views: 138612

Hi Hocus! If all you need to do to be FI is to be able to stay alive, FI is not so hard a state to achive. I have a lot of things that I want to be able to do with my life aside from just keeping it going. So I define complete FI in far morer expansive terms than that. Ok, you got me, I agree now, y...
by beachbumz
Tue Mar 08, 2005 6:25 am
Forum: FIRE Board
Topic: Is Hocus FIREd?
Replies: 79
Views: 138612

Hocus wrote:
BeachBumb.


Now that hurts....

BeachbumZZZZZZZ 8)
by beachbumz
Mon Mar 07, 2005 6:22 pm
Forum: FIRE Board
Topic: Is Hocus FIREd?
Replies: 79
Views: 138612

I'm slightly confused about all this. To me retirement is when you don't have to work. You may want to work, but your finances are such that you don't have to. I can also understand wanting to work and having to work. I wouldn't call it retirement, though it is better than not wanting to work and h...
by beachbumz
Mon Mar 07, 2005 6:20 pm
Forum: FIRE Board
Topic: Is Hocus FIREd?
Replies: 79
Views: 138612

beachbumz I believe that Hocus IS FIREd at least for now and possible indefinitely (but not with his current portfolio). My definition of financial independence is the ability to live off your passive investments without the need for any kind of job or employment. I also think there are many 'retir...
by beachbumz
Mon Mar 07, 2005 5:54 pm
Forum: FIRE Board
Topic: Is Hocus FIREd?
Replies: 79
Views: 138612

Hi Hocus! You're studying an absurd question, Beachbumz. You are asking "If I change hocus' plan around enough so that it doesn't work anymore, will hocus' plan still work?" Not surprisingly, the answer that you produce with this "analysis" is "Under those circumstances, the...
by beachbumz
Mon Mar 07, 2005 5:12 pm
Forum: FIRE Board
Topic: Is Hocus FIREd?
Replies: 79
Views: 138612

Hi Hocus! My view is that there is no such thing as being FIRE'd in a final sense. Financial independence is something that you achive gradually over the course of time. If you save one dollar, you are a tiny, tiny bit more financially independent than you were before you possessed that dollar. If y...
by beachbumz
Fri Mar 04, 2005 5:07 am
Forum: FIRE Board
Topic: Is Hocus FIREd?
Replies: 79
Views: 138612

PLEASE KEEP IN MIND THAT MY ANALYSIS WAS NOT SO MUCH ABOUT HOCUS AND HIS PLAN, I'M SURE HE WILL BE FINE. IT WAS ABOUT WHETHER I THOUGHT THAT ANY ONE WITH THAT PORTFOLIO WOULD BE CONSIDERED FIRED BY MY DEFINITION (NO INCOME FROM NON-PASSIVE SOURCES). Your analysis is interesting. It validates Hocus's...
by beachbumz
Fri Mar 04, 2005 4:34 am
Forum: FIRE Board
Topic: Is Hocus FIREd?
Replies: 79
Views: 138612

Sorry I was unable to read that last post Hocus, it was just toooo long for me. :D

Beachbumz 8)
by beachbumz
Thu Mar 03, 2005 6:50 pm
Forum: FIRE Board
Topic: Is Hocus FIREd?
Replies: 79
Views: 138612

Hi JWR1945! Interesting! I will review your post in detail when I can, but initially I do have a bit of a problem with the following comment: First, Hocus has planned all along to provide a separate income stream of $10000 per year. His current income need is $28000 per year. I would say that Hocus ...
by beachbumz
Thu Mar 03, 2005 4:49 pm
Forum: FIRE Board
Topic: Is Hocus FIREd?
Replies: 79
Views: 138612

Oops. Sometimes I don't read so good. This particular scenario I see as more of a sabbatical/downshifting kind of thing. In the back of your mind, you would always have to worry about employability, and that doesn't seem like a comfortable retirement to me. I like a little more padding. I actually ...
by beachbumz
Thu Mar 03, 2005 4:19 pm
Forum: FIRE Board
Topic: Is Hocus FIREd?
Replies: 79
Views: 138612

Hi Arrete! BB - thanks for setting me straight about the housing, but I do think it is chancy if you are reduced to including your housing into your SWR. Normally that isn't done unless you are in an odd position such as living on a double lot where you can sell part, or the like. There are other co...
by beachbumz
Thu Mar 03, 2005 3:13 pm
Forum: FIRE Board
Topic: Is Hocus FIREd?
Replies: 79
Views: 138612

OK, but I don't see how that relates to my analysis. I also believe that it is a diversion from issues that matter a whole lot more and that people are finding it hard to struggle with. I don't doubt it! :( "people"=Hocus :?: Beachbumz :roll:
by beachbumz
Thu Mar 03, 2005 1:54 pm
Forum: FIRE Board
Topic: Is Hocus FIREd?
Replies: 79
Views: 138612

Hi Arrete! My husband will like that. :) I think he's working, he thinks he's retired. He is FI and doing it for fun part-time, so I guess he's right. :lol: If he 'says' it's fun, then I guess that's true (at least the way I see it) :D I (fortunately) haven't run into anything like that! FI, and sta...
by beachbumz
Thu Mar 03, 2005 1:28 pm
Forum: FIRE Board
Topic: Is Hocus FIREd?
Replies: 79
Views: 138612

OK, but I don't see how that relates to my analysis.

Beachbumz 8)
by beachbumz
Thu Mar 03, 2005 12:48 pm
Forum: FIRE Board
Topic: Is Hocus FIREd?
Replies: 79
Views: 138612

Is Hocus FIREd?

I posted this over at Intercst's board in response to a post Intercst put up about Hocus' retirement in the section titled "Land of the Busted Retirements". I'm sure I will catch some grief over it over there (maybe here to :)), but after all the talk about it, I was curious and wanted to ...
by beachbumz
Thu Mar 03, 2005 11:28 am
Forum: SWR Research Group
Topic: Hocus your FIRE status?
Replies: 32
Views: 101376

wife is a hot 46. I'll mention to her that I told you all that after we put the kids to bed tonight. I think that's a really good idea on your part! :D Using your numbers, the quick calculation on ssa.gov came up with about $14,400 for you and about $8K for your wife. My wife and I made about 200K ...
by beachbumz
Thu Mar 03, 2005 6:54 am
Forum: SWR Research Group
Topic: Hocus your FIRE status?
Replies: 32
Views: 101376

I am 48. My wife just turned 46. I don't know the answer to the Social Security one. We both worked part-time when we were in school and then full-time after we got out of school. My wife stopped working in late 1999 (she has done a little part-time work since but is not doing so currently). I left...
by beachbumz
Thu Mar 03, 2005 6:11 am
Forum: SWR Research Group
Topic: Hocus your FIRE status?
Replies: 32
Views: 101376

Hi Hocus! I was just re-reading this thread based on a new post over at intercst's board, under 'busted retirements'. I'm sure you have stated it before, but would you mind telling us your and your wife's ages. IOW, how close are you to being able to draw SS. Also, if it's not too personal, what is ...
by beachbumz
Tue Mar 01, 2005 7:45 am
Forum: FIRE Board
Topic: What to do?
Replies: 4
Views: 10648

You are right, Arrete, about taking early retirement for granted, but I think I'd rather have the flu than go back to work for a few days to remind me of how good I've got it. :lol: When I need a reminder (rarely), I can go by my old company, and look at all the crap laying around (CPA office) and l...