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an
Participant[quote=Eugene]But it is somewhat bizarre to see people mentioning Del Mar and dumpster-diving in the same thread.[/quote]
Why is it bizarre? It’s from two different points and they’re not related/responded to each other. Think about it, if you have enough money to pay off a house and still have $2M in cash to spend during your retirement, why does it matter if it’s a house in Del Mar or a house in Escondido? It probably end up being cheaper to live in a 1000 sq-ft house in Del Mar than a 4000 sq-ft house in Escondido.Participant[quote=Eugene][quote]I’m in my mid-30s now and I think I have about 600k (including everything cash or asset). Am I on track? Am I behind? I don’t really get a chance to talk about this with friends because we usually don’t get too involved in this subject.[/quote]
You’re doing a lot better than most Americans. Fewer than 10% (possibly as few as 2-3%) of people your age have 600k in assets. In 2004, median net worth of a 40-year-old was around $60,000, and that’s including home equity.[/quote]
I’ve heard similar stats too. But average Americans will depend on SS to retire.Participant[quote=Eugene][quote]I’m in my mid-30s now and I think I have about 600k (including everything cash or asset). Am I on track? Am I behind? I don’t really get a chance to talk about this with friends because we usually don’t get too involved in this subject.[/quote]
You’re doing a lot better than most Americans. Fewer than 10% (possibly as few as 2-3%) of people your age have 600k in assets. In 2004, median net worth of a 40-year-old was around $60,000, and that’s including home equity.[/quote]
I’ve heard similar stats too. But average Americans will depend on SS to retire.Participant[quote=Eugene][quote]I’m in my mid-30s now and I think I have about 600k (including everything cash or asset). Am I on track? Am I behind? I don’t really get a chance to talk about this with friends because we usually don’t get too involved in this subject.[/quote]
You’re doing a lot better than most Americans. Fewer than 10% (possibly as few as 2-3%) of people your age have 600k in assets. In 2004, median net worth of a 40-year-old was around $60,000, and that’s including home equity.[/quote]
I’ve heard similar stats too. But average Americans will depend on SS to retire.Participant[quote=Eugene][quote]I’m in my mid-30s now and I think I have about 600k (including everything cash or asset). Am I on track? Am I behind? I don’t really get a chance to talk about this with friends because we usually don’t get too involved in this subject.[/quote]
You’re doing a lot better than most Americans. Fewer than 10% (possibly as few as 2-3%) of people your age have 600k in assets. In 2004, median net worth of a 40-year-old was around $60,000, and that’s including home equity.[/quote]
I’ve heard similar stats too. But average Americans will depend on SS to retire.Participant[quote=Eugene][quote]I’m in my mid-30s now and I think I have about 600k (including everything cash or asset). Am I on track? Am I behind? I don’t really get a chance to talk about this with friends because we usually don’t get too involved in this subject.[/quote]
You’re doing a lot better than most Americans. Fewer than 10% (possibly as few as 2-3%) of people your age have 600k in assets. In 2004, median net worth of a 40-year-old was around $60,000, and that’s including home equity.[/quote]
I’ve heard similar stats too. But average Americans will depend on SS to retire.Participant[quote=CDMA ENG]Uhm… That is not quite right either about the LTE.. ATT and VZW both bought 700 MHz spectrum and the device itself is tunable to either including the differences in Bandwidth. LTE comes in 1.4, 3, 5, 10, 15, and 20 MHz versions.
ATT also owns 2100 MHz bands…
But Yeah if you buy a HSPDA you will need to buy one for going to LTE…
CE[/quote]
Either you know something these guys don’t, or what you’re saying is not correct: http://blog.connectedplanetonline.com/unfiltered/2011/07/18/verizon-att-lte-4g-networks-have-no-plans-to-play-nice/ Here’s another with a quote from VZW’s spoke person: http://www.bgr.com/2011/07/15/verizon-says-its-4g-phones-wont-be-compatible-with-atts-lte-network/Participant[quote=CDMA ENG]Uhm… That is not quite right either about the LTE.. ATT and VZW both bought 700 MHz spectrum and the device itself is tunable to either including the differences in Bandwidth. LTE comes in 1.4, 3, 5, 10, 15, and 20 MHz versions.
ATT also owns 2100 MHz bands…
But Yeah if you buy a HSPDA you will need to buy one for going to LTE…
CE[/quote]
Either you know something these guys don’t, or what you’re saying is not correct: http://blog.connectedplanetonline.com/unfiltered/2011/07/18/verizon-att-lte-4g-networks-have-no-plans-to-play-nice/ Here’s another with a quote from VZW’s spoke person: http://www.bgr.com/2011/07/15/verizon-says-its-4g-phones-wont-be-compatible-with-atts-lte-network/Participant[quote=CDMA ENG]Uhm… That is not quite right either about the LTE.. ATT and VZW both bought 700 MHz spectrum and the device itself is tunable to either including the differences in Bandwidth. LTE comes in 1.4, 3, 5, 10, 15, and 20 MHz versions.
ATT also owns 2100 MHz bands…
But Yeah if you buy a HSPDA you will need to buy one for going to LTE…
CE[/quote]
Either you know something these guys don’t, or what you’re saying is not correct: http://blog.connectedplanetonline.com/unfiltered/2011/07/18/verizon-att-lte-4g-networks-have-no-plans-to-play-nice/ Here’s another with a quote from VZW’s spoke person: http://www.bgr.com/2011/07/15/verizon-says-its-4g-phones-wont-be-compatible-with-atts-lte-network/Participant[quote=CDMA ENG]Uhm… That is not quite right either about the LTE.. ATT and VZW both bought 700 MHz spectrum and the device itself is tunable to either including the differences in Bandwidth. LTE comes in 1.4, 3, 5, 10, 15, and 20 MHz versions.
ATT also owns 2100 MHz bands…
But Yeah if you buy a HSPDA you will need to buy one for going to LTE…
CE[/quote]
Either you know something these guys don’t, or what you’re saying is not correct: http://blog.connectedplanetonline.com/unfiltered/2011/07/18/verizon-att-lte-4g-networks-have-no-plans-to-play-nice/ Here’s another with a quote from VZW’s spoke person: http://www.bgr.com/2011/07/15/verizon-says-its-4g-phones-wont-be-compatible-with-atts-lte-network/Participant[quote=CDMA ENG]Uhm… That is not quite right either about the LTE.. ATT and VZW both bought 700 MHz spectrum and the device itself is tunable to either including the differences in Bandwidth. LTE comes in 1.4, 3, 5, 10, 15, and 20 MHz versions.
ATT also owns 2100 MHz bands…
But Yeah if you buy a HSPDA you will need to buy one for going to LTE…
CE[/quote]
Either you know something these guys don’t, or what you’re saying is not correct: http://blog.connectedplanetonline.com/unfiltered/2011/07/18/verizon-att-lte-4g-networks-have-no-plans-to-play-nice/ Here’s another with a quote from VZW’s spoke person: http://www.bgr.com/2011/07/15/verizon-says-its-4g-phones-wont-be-compatible-with-atts-lte-network/Participant[quote=UCGal]AN…
Do you plan to drive when you retire?I assume you’d use your current equity to pay for a place in Del Mar or Solana Beach.
Cars wear out…even when lightly used. You still need to budget for gas, insurance, tires, etc… if you own a car.[/quote]
Yes, I plan to drive. I said remove car payments, not car maintenance or gas, etc. Right now, even with today’s gas price, we’re paying ~$150/month in gas for 2 cars. When we’re retired, we can reduce to 1 car and we no longer need to drive everyday to work. So, I suspect it’ll be much less than that. I suspect insurance will go down to for lightly used vehicles vs vehicles used for commute. Tires will last much longer too. Right now, we’re driving ~10-15k miles/years, so tires should last 4-5 years. When we’re retired, I suspect 1 set of tires will last 8-10 years. Bottom line is, if you project the current expense for transportation (not including car payment) will be more than enough to cover the transportation cost during retirement.Yes, you assume correctly, I don’t plan to retire until I can pay off my retirement house.
Participant[quote=UCGal]AN…
Do you plan to drive when you retire?I assume you’d use your current equity to pay for a place in Del Mar or Solana Beach.
Cars wear out…even when lightly used. You still need to budget for gas, insurance, tires, etc… if you own a car.[/quote]
Yes, I plan to drive. I said remove car payments, not car maintenance or gas, etc. Right now, even with today’s gas price, we’re paying ~$150/month in gas for 2 cars. When we’re retired, we can reduce to 1 car and we no longer need to drive everyday to work. So, I suspect it’ll be much less than that. I suspect insurance will go down to for lightly used vehicles vs vehicles used for commute. Tires will last much longer too. Right now, we’re driving ~10-15k miles/years, so tires should last 4-5 years. When we’re retired, I suspect 1 set of tires will last 8-10 years. Bottom line is, if you project the current expense for transportation (not including car payment) will be more than enough to cover the transportation cost during retirement.Yes, you assume correctly, I don’t plan to retire until I can pay off my retirement house.
Participant[quote=UCGal]AN…
Do you plan to drive when you retire?I assume you’d use your current equity to pay for a place in Del Mar or Solana Beach.
Cars wear out…even when lightly used. You still need to budget for gas, insurance, tires, etc… if you own a car.[/quote]
Yes, I plan to drive. I said remove car payments, not car maintenance or gas, etc. Right now, even with today’s gas price, we’re paying ~$150/month in gas for 2 cars. When we’re retired, we can reduce to 1 car and we no longer need to drive everyday to work. So, I suspect it’ll be much less than that. I suspect insurance will go down to for lightly used vehicles vs vehicles used for commute. Tires will last much longer too. Right now, we’re driving ~10-15k miles/years, so tires should last 4-5 years. When we’re retired, I suspect 1 set of tires will last 8-10 years. Bottom line is, if you project the current expense for transportation (not including car payment) will be more than enough to cover the transportation cost during retirement.Yes, you assume correctly, I don’t plan to retire until I can pay off my retirement house.
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