Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,332 
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Post by Rukh O'Rorke on May 28, 2021 14:32:07 GMT -5
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vonna
Well-Known Member
Joined: Aug 11, 2012 15:58:51 GMT -5
Posts: 1,249
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Post by vonna on May 29, 2021 7:22:51 GMT -5
I sort of did a version of this, primarily for DH sake. His eyes glaze over whenever I discuss investments or financial goals. I wrote up a pretty detailed plan in military operational planning style to appeal to him, starting with a Mission Statement. He read it, and appreciated it -- I think I did this around the time I retired, so maybe 2006? I was going to update yearly..... I'm thinking I never did....  Will try to dig it up this weekend and see what I think of it now! |
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Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,332
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Post by Rukh O'Rorke on May 29, 2021 9:44:19 GMT -5
I sort of did a version of this, primarily for DH sake. His eyes glaze over whenever I discuss investments or financial goals. I wrote up a pretty detailed plan in military operational planning style to appeal to him, starting with a Mission Statement. He read it, and appreciated it -- I think I did this around the time I retired, so maybe 2006? I was going to update yearly..... I'm thinking I never did.... Will try to dig it up this weekend and see what I think of it now! Interesting! I would have thought that it was moot after retirement, but maybe just that I am on the other side and can't see the forest through the trees. |
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Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,332
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Post by Rukh O'Rorke on May 29, 2021 9:58:28 GMT -5
This is where I am at so far.
Goals:
2 million in savings to retire
Minimum of 24k/yr. yield from dividend portfolio
1 year in I-bonds
Target allocation:
money market 1%
I-bonds 4%
dividend portfolio 35%
growth portfolio 60%
Current allocation:
money market 0%
I-bonds 0%
dividend portfolio 19%
growth portfolio 81%
Plan:
For the most part, fill up buckets prioitizing the highest risk/reward to get it in for growth. With some deviations. I am still shy of the raw number for the growth portfolio. Once that is filled out, I'll concentrate on finishing the dividend bucket. I-bonds are limited in purchasee per year, so will try to max that each year going forward. I have a large stach of cash I plan to spend on home upgrades, so while not counted here, I could still access at the moment for any EF needs, so not worried about having no cash in the bucket. Will aim for 10k once I empty the home improvement funds.
I just started the dividend portfolio this year. Well - Maybe december of last year. I am feeling like I need to start the less aggressive pieces of the plan and feeling a bit insecure in the market right now.
I would say I was a few years away from retirement but honestly I could collapse at any moment and/or leave in a huff over something because I am so over it all with work right now.
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vonna
Well-Known Member
Joined: Aug 11, 2012 15:58:51 GMT -5
Posts: 1,249
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Post by vonna on May 29, 2021 17:01:54 GMT -5
I sort of did a version of this, primarily for DH sake. His eyes glaze over whenever I discuss investments or financial goals. I wrote up a pretty detailed plan in military operational planning style to appeal to him, starting with a Mission Statement. He read it, and appreciated it -- I think I did this around the time I retired, so maybe 2006? I was going to update yearly..... I'm thinking I never did.... Will try to dig it up this weekend and see what I think of it now! Interesting! I would have thought that it was moot after retirement, but maybe just that I am on the other side and can't see the forest through the trees. I am retired military -- I was 41 when I retired, with two kids, ages 11 and 1. My husband retired a few years later. So our early retirement plan had to take a lot into consideration. Two kids to put through college (one down -- the youngest still in high school) as well as working through survivorship issues just in case. |
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djAdvocate
Member Emeritus
only posting when the mood strikes me.
Joined: Jun 21, 2011 12:33:54 GMT -5
Posts: 76,706 
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Post by djAdvocate on Jan 16, 2022 17:11:01 GMT -5
wow, rukh.
i long ago gave up on $2M.
but strangely enough, i might get it.
i got lucky with some estate stuff.
never heard of an IPS.
thanks for posting!
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tallguy
Senior Associate
Joined: Apr 2, 2011 19:21:59 GMT -5
Posts: 14,670
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Post by tallguy on Jan 20, 2022 1:11:43 GMT -5
No. Never wanted to. Never needed to. Never bothered.
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