I went to a talk Wednesday by Stu Hoffman, past Chief Economist at PNC. He included comments on the Magnificent Seven. I had not been following that term that’s applied to seven high-flying stocks. The story he told that bolstered the rationale as to

None of us could Recalculate to a real increase in our Safe Spending Amount (SSA) for the upcoming calendar year (see Chapters 2 and 9, Nest Egg Care [NEC]). Last week I displayed a detailed spreadsheet that showed the history of ten withdrawals

Yesterday I withdrew from our Investment Portfolio the amount we would safely spend throughout 2024: the same amount as last year adjusted for 3.2% inflation. This post describes my actions and the status of our portfolio right before our withdrawal for our spending. In summary,

I have been an Executor and Patti was an Executor and I was her helper. Both were VERY time consuming and somewhat painful processes. This site, EstateExec.com, looks to be a very useful organizational tool and says the average Executor spends over 500 hours

For much of 2023 it’s felt like we are climbing back from the market decline in 2022. We’ve fallen back a bit from August and can measure how far we are from what I judge as the market peak on November 8, 2021 –  exactly