Comments on: How is YOUR pleasure index going? (Hubba hubba) https://eliteedgemoney.com/how-was-your-pleasure-index-over-the-past-decade-hubba-hubba/ Money | Minimalism | Mohawks Mon, 03 Feb 2020 11:29:07 +0000 hourly 1 https://wordpress.org/?v=7.0 By: J. Money https://eliteedgemoney.com/how-was-your-pleasure-index-over-the-past-decade-hubba-hubba/#comment-293886 Fri, 31 Jan 2020 11:55:57 +0000 https://staging.eliteedgemoney.com/?p=62395#comment-293886 In reply to BuddMann.

Oooohhhhh what are you thinking for that 2nd career? Going after any old dreams of yours, or just trying something new?

]]> By: J. Money https://eliteedgemoney.com/how-was-your-pleasure-index-over-the-past-decade-hubba-hubba/#comment-293885 Fri, 31 Jan 2020 11:51:26 +0000 https://staging.eliteedgemoney.com/?p=62395#comment-293885 In reply to Adam.

You just had to one up me…. again :)

]]> By: J. Money https://eliteedgemoney.com/how-was-your-pleasure-index-over-the-past-decade-hubba-hubba/#comment-293884 Fri, 31 Jan 2020 11:38:53 +0000 https://staging.eliteedgemoney.com/?p=62395#comment-293884 In reply to Mike S.

Haha… The only area where “1” is actually good ;) Congrats man!

]]> By: BuddMann https://eliteedgemoney.com/how-was-your-pleasure-index-over-the-past-decade-hubba-hubba/#comment-293861 Fri, 31 Jan 2020 00:01:08 +0000 https://staging.eliteedgemoney.com/?p=62395#comment-293861 Investments: __8 and still investing–positioned to do so until RMDs kick in
Financial Outlook: __10 about to “retire” from public ed and go to work elsewhere to doubledip
Home Equity: __6 or 7 1/3 of my home is equity based on current market value…my only debt
Employment Status: __10 AWESOME…retiring career educator with a 6 fig pension AND I’m about to do a second career
Personal Inflation: __6 or 7 some lifestyle inflation but I am getting it tamped back down
Personal Taxes: __5 still pay too much and will due to bad investment planning in my youth
Debts Owed: __7 only have the house which should be paid off in 4 years
Career Potential: __10 retiring from career one and don’t “have” to work but will start a great second gig
*Divorce is a killer but I’ve back where I was and the future is bright!

Score: 63 all this is subjective but I will take it and feel pretty good about it

]]> By: Adam https://eliteedgemoney.com/how-was-your-pleasure-index-over-the-past-decade-hubba-hubba/#comment-293853 Thu, 30 Jan 2020 21:12:57 +0000 https://staging.eliteedgemoney.com/?p=62395#comment-293853 Investments: 10 – have you SEEN the market over the last ten years holy cow
Financial Outlook: 10 – our jobs are secure, so if the bottom drops out we can just buy low
Home Equity: 10 – refi’d in 2015. We owe $128k on a place valued at almost 3x that
Employment Status: 5 – my job is a black hole of turn-off-my-brain-and-grind for 40h a week, but I’m probably paid more than I should be
Personal Inflation: 8 – we dedicated frivolous spending to 401(k) plans and regret nothing… but own a house and all associated nuisances
Personal Taxes: 8 – tax rates are at all-time lows; frankly at our income we should be paying more
Debts Owed: 9 – mortgage will be done in ten years!
Career Potential: 2 – I have lost all interest in working for a living. Thanks, FIRE. :P

PFSiONE Total Score: 62

…I’ll take it!

]]> By: Mike S https://eliteedgemoney.com/how-was-your-pleasure-index-over-the-past-decade-hubba-hubba/#comment-293848 Thu, 30 Jan 2020 20:28:33 +0000 https://staging.eliteedgemoney.com/?p=62395#comment-293848 Investments: 10 – IRA is growing and Stock portfolio is generating 10K in dividends
Financial Outlook: 10 – Retired at the end of 2019, don’t foresee any issues
Home Equity: 9 – only have $43K left to pay off.
Employment Status: 10 – RETIRED! (I’m 62)
Personal (Lifestyle) Inflation: 5 – Not sure what we will be spending money on yet, but I really don’t see us blowing the budget or anything.
Taxes: 8 – Since the new tax law we’re finally getting refunds vs. paying $$$ (But I don’t mind paying my fair share)
Debts Owed: 8 – 1 car payment and 1 house payment
Career Potential: 1 – Since I’m retired, don’t see any new Careers around the corner, but that is what I want.

]]> By: J. Money https://eliteedgemoney.com/how-was-your-pleasure-index-over-the-past-decade-hubba-hubba/#comment-293830 Thu, 30 Jan 2020 16:48:48 +0000 https://staging.eliteedgemoney.com/?p=62395#comment-293830 In reply to Amy.

I feel like you need to add a 5 or so even for renting (we’re pro renters here!), and maybe even a 5 or 6 to debts owed too. $27k is a lot, but low interest and going towards something IMPORTANT is def better than nonsense out there…

But yes – very good to hear from people in the trenches more for sure :) thanks for sharing!

]]> By: J. Money https://eliteedgemoney.com/how-was-your-pleasure-index-over-the-past-decade-hubba-hubba/#comment-293829 Thu, 30 Jan 2020 16:46:41 +0000 https://staging.eliteedgemoney.com/?p=62395#comment-293829 In reply to COD.

Super legit :)

Way to rock that downsizing!! I’m jealous!

]]> By: J. Money https://eliteedgemoney.com/how-was-your-pleasure-index-over-the-past-decade-hubba-hubba/#comment-293828 Thu, 30 Jan 2020 16:45:37 +0000 https://staging.eliteedgemoney.com/?p=62395#comment-293828 In reply to Fritz @ TheRetirementManifesto.

I love that all early retirees are chiming in here, haha…

Cheaters! :)

]]> By: Amy https://eliteedgemoney.com/how-was-your-pleasure-index-over-the-past-decade-hubba-hubba/#comment-293826 Thu, 30 Jan 2020 16:37:39 +0000 https://staging.eliteedgemoney.com/?p=62395#comment-293826 Congrats to the commenters so far who seem to be doing so well! Here is a response for those of us on the younger side who are in the thick of it:

Investments: 3 (Defined-benefit pension and TFSA contributions)
Financial Outlook: 3
Home Equity: 0 (I rent)
Employment Status: 8 (Full-time permanent government position, moderately happy)
Personal Inflation: 9 (Living within my means)
Personal Taxes: 10 (Not sure how to rate this. Gladly pay my share of taxes)
Debts Owed: 3 (Low-interest student loans, $27k remaining. No other debt.)
Career Potential: 10 (Solid career trajectory and higher salary to come)

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