fair enough, thought that might be the response
Yeah, the idea is to reclassify Trad → Roth up to the income amount that would prevent you from getting the max subsidy, then pull from Roth for your life needs.
I get the frustration if there are residents who can’t get care, but is it moral to attempt to require someone continue working in your area? I suppose if you’re just playing the shame card with them, whatever.
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The wife is a receptionist with no higher level education
If you’re inclined they started posting online in like 2014. They basically started from $0
They do not impress me because they are poor and to my knowledge still not retired yet
Does he want to work or does he have to work. Maybe you are making his job too easy 
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Same when I retired at 51. No resentment, but everyone assumed I’d pop back up somewhere else.
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Well I’m here to tell you it’s not a very large amount, 30K ish
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Share your life on antisocial media, you’ll get what you deserve.
The moral of the story, yet again,…
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They wrote an ebook and I assume this is just another way for them to get their name out there
Not a bad marketing tactic
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Though we still need to run out the by-paycheck filling-up of our HSAs and 401ks, I just filled our second Roth IRA for the year to make the first year we’ve fully maxed a dual 401k/IRA/HSA.
It’s a nice milestone.
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I’d like to point out a consideration here that we are kinda glossing over.
When some people say “retirement” they mean that they are done with earning paychecks, period end of sentence.
When some people say “retirement”, like OP T-roy here and his B&B dreams, he is actually talking about. giving up the career and switching to another job outside of their original profession. It may be related to a favorite hobby, or dream location, or a secondary skill set. Sure, maybe it pays less, but that doesn’t mean it’s the same as walking away from the workforce 100%. When some people talk about FIRE, they are really often talking about giving up the high pay, high stress job and moving to some preferred, lesser paying job, and that includes tik-toking, influencing, blogs, vlogs, newsletters, etc.
I’d love to find a job that would be meaningful enough to me that I’d do willingly, and extend my working year, especially if the retirement job had health insurance until I hit medicare.
That can’t screw you on your SS benefit, can it? Say you were in the rat race making 100k per year, but then semi-retired to a more meaningful job making 25k per year for 3 years. That screws up your avg salary over the last 10 years of your working life, but is that going to reduce your monthly SS payment?
It’s kind of a coastFIRE depending how much work it is. Barista FIRE usually refers to getting a part-time job to keep insurance benefits and the like.
If it’s more than coastFIRE, it’s just a new job.
After I retired at age 58, I went on two boards for about 10 years that paid $20K and $35K respectively. Fascinating work that drew on my actuarial experience and only about 200 hours work per annum. There were no professional liability issues as the organizations provided an indemnity.
The Canadian equivalent to the OASDI (CPP) has a feature in this situation that does not hurt your accrued benefit. I started my CPP pension at age 60 but contributed to CPP while working on the boards and that bought an additional pension. It operated on a pseudo-DC basis, a bit like the French Repartition system. The bottom line is your low salary after retirement did not hurt your SS pension.
It has been a long time since I was involved with OASDI so I don’t know if it has something similar. Probably not as it is has never been an innovative system.
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No, they adjust your annual earnings for inflation, and then take your 35 highest paying years, and run that through some arithmetic. If you didn’t work for 35+ years then some will just be zero.
There are some bend points, for many actuaries and other high earners, you may not get a huge bump for continuing to work the 35 years.
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