Search found 98 matches
- Thu May 29, 2003 6:05 pm
- Forum: FIRE Board
- Topic: The Great SWR Investigation - Part 1
- Replies: 125
- Views: 88330
Hi Ben, It's been a long time since I've done real math and I forget what such a graph looks like. Can you describe it? Is it like the dual asymptote graph I described? Yup. Approach the x-axis at large values of x, and approach the y-axis at large values of y. Don't suppose the raw data that went i...
- Thu May 29, 2003 5:31 pm
- Forum: FIRE Board
- Topic: The Great SWR Investigation - Part 1
- Replies: 125
- Views: 88330
BenDelivers, Wow, ask and ye shall receive. Very interesting chart. If I were to interpret the spread around the middle as being +/- one third of the regression line, then at a PE/10 of 30, you're looking at two-thirds of 2% or a 1.3% safe withdrawal rate. Ouch... Of course that's a pretty mindless ...
- Thu May 29, 2003 3:49 pm
- Forum: FIRE Board
- Topic: The Great SWR Investigation - Part 1
- Replies: 125
- Views: 88330
- Thu May 29, 2003 3:43 pm
- Forum: FIRE Board
- Topic: SWR: Rule of Thumb or Something Else
- Replies: 28
- Views: 21862
Chips, As I posted before, a plan to let the standard of living decline over the course of a retirement fell out mathematically when I used a logarithmic utility function for the amount withdrawn and asked the optimizer to pick thirty annual withdrawals that maximize the total expected utility of th...
- Thu May 29, 2003 12:13 am
- Forum: FIRE Board
- Topic: The Great SWR Investigation - Part 1
- Replies: 125
- Views: 88330
- Mon May 26, 2003 3:53 pm
- Forum: FIRE Board
- Topic: The Great SWR Investigation - Part 1
- Replies: 125
- Views: 88330
It is OK to talk about an SWR when valuations are ignored. It is just that this limitation should be pointed out to people and its implications (which are highly significant) should be explained. It would also be nice to see a good description of the issues involved in using valuations. I'm still a...
- Thu May 15, 2003 2:51 am
- Forum: FIRE Board
- Topic: Low probability of FIRE
- Replies: 38
- Views: 27340
we saved in the low 80%s of our salaries/consulting income. now that we have to pay ssi our rate is lower (low 70%s) 70-80%?? Wow. The only reason we can save anything at all is because we both work. If we were a single-income family (as is still more the rule than the exception here in Japan), I d...
- Sun May 11, 2003 7:42 pm
- Forum: FIRE Board
- Topic: Expat US taxpayers lose FEIE
- Replies: 22
- Views: 17717
- Sun May 11, 2003 5:31 pm
- Forum: FIRE Board
- Topic: Expat US taxpayers lose FEIE
- Replies: 22
- Views: 17717
Hi Wanderer, I hope your Big 5 buddy is right. I spoke with the IRS representative at the embassy in Tokyo, and it turns out that a lot of the Japanese taxes I pay would not be eligible for FTC treatment. In addition, if I have un-excluded earned income, it seems that I may also have to start paying...
- Sat May 10, 2003 11:47 am
- Forum: FIRE Board
- Topic: Expat US taxpayers lose FEIE
- Replies: 22
- Views: 17717
Some numbers: I seem to recall hearing there are about 4 million Americans living/working abroad. If the elimination of the FEIE exposes to taxation the maximum $80,000 in income from each of them, that is about $320 billion. They would have to assume they can collect 10% of that to project that the...
- Sat May 10, 2003 11:25 am
- Forum: FIRE Board
- Topic: Expat US taxpayers lose FEIE
- Replies: 22
- Views: 17717
Hi Wanderer, Yes, I do realize that this will hit you a lot harder. As far as that $32 billion that the Senate finance committee has their hearts set on, though, I would guess that most Americans abroad are in relatively high-tax jurisdictions to begin with, so there won't be much extra revenue to b...
- Sat May 10, 2003 6:25 am
- Forum: FIRE Board
- Topic: Expat US taxpayers lose FEIE
- Replies: 22
- Views: 17717
One offset, amounting to $32 billion, would result in higher taxes for Americans working abroad. I did a quick re-calculation of last year's taxes assuming no FEIE, using the Foreign Tax Credit instead, and it appears to be about a wash in my case. Though the paperwork looks somewhat more complicat...
- Fri May 09, 2003 1:32 am
- Forum: FIRE Board
- Topic: Expat US taxpayers lose FEIE
- Replies: 22
- Views: 17717
Guess it's just FEIE going. FTC would still be there so Europe would be attractive. Why? Europe is a high-tax jurisdiction. Aren't you in a no-tax area right now? If you take up residency in a high-tax country, they will most likely tax your US holdings as well. You'd have to do the nomadic thing t...
- Thu May 08, 2003 8:47 pm
- Forum: FIRE Board
- Topic: Expat US taxpayers lose FEIE
- Replies: 22
- Views: 17717
- Thu May 08, 2003 8:38 pm
- Forum: FIRE Board
- Topic: Expat US taxpayers lose FEIE
- Replies: 22
- Views: 17717
Hi Ben, I feel sorry for you expat Americans these days! Hopefully your salaries would then be increased accordingly by your companies, or the company will simply pay the taxes up to the old limit, as that was what you based your expatriation decision on in the first place. Not all American expats w...
- Thu May 08, 2003 6:57 pm
- Forum: FIRE Board
- Topic: Expat US taxpayers lose FEIE
- Replies: 22
- Views: 17717
- Wed May 07, 2003 7:10 pm
- Forum: FIRE Board
- Topic: Low probability of FIRE
- Replies: 38
- Views: 27340
- Mon Feb 03, 2003 11:19 pm
- Forum: FIRE Board
- Topic: Different methods of safe withdrawal / strategy. Re: Hocus
- Replies: 30
- Views: 23329