EARLY-RETIREMENT

anonymous asked:

This au is my life now .... What happened after Brexit came back? Did he stop being a disappointment or did he become the hippie of the family

brexit comes back from his white boy spirit quest and tries to fight sheeva for the knights of ren (because the knights are the current religious body of the galactic empire and hes gotta work on restoring balance to the Force or whatever) except she’s not the master of the knights at all shes sitting on the throne of the empire. 

Sheeva explains that shes the boss now of like everything and brexit can go challenge the new master or fight her there and then for the throne but brexit really only wants the knights (also hes never gonna be able to beat sheeva in a fight. ALSO thats not how government works.) Cut to two days later, brexits the new master of the knights of ren and sheevas contemplating the merits of separation of church and state.   

meanwhile kylos on some resort planet with hux trying to get him to at least CONSIDER enjoying early retirement instead of micromanaging every little thing their daughter decides to do with the empire. they end up conquering a few planets in the name of the empire just to take huxs edge off

beccaylaa  asked:

As much as I LOVED the Wonder Woman trailer my only disappointment was that Steve never called her "Angel" but other than that it was great!!!

If they had included the word “Angel” anywhere in that trailer I would’ve squeed so much that my pharynx would have detached from my body and begged for early retirement. 

I’m actually optimistic about having “Angel” included in the movie.  The trailer gave us so much of the good stuff: Hippolyta, check!  Etta freakin’ Candy, check!  Steve Trevor, check! And more check!  Actually, if I’m honest, I watched the trailer and thought “Wow, this is a lot of Steve Trevor.”  It almost turned me off (and I’m #TeamSteve forever).

But thennnn I remembered THE VERY FIRST TRAILER *EVER* FOR WONDER WOMAN. I refer, of course, to All-Star Comics #8, the issue that introduced the world to Wonder Woman 75 years ago.  Wonder Woman’s first appearance ever was buried in the pages of this 68 page comic.  Her story was only 8 pages long.  And 3 of these pages were dedicated to Steve Trevor.

See, via Steve Trevor, unsuspecting readers got suckered into picking up Sensation Comics #1, and then eventually into following their heroine into her own series. And after that initial display, Steve Trevor remained a steadfast love interest and never the focus.  What I’m trying to say is that a trailer is meant to pique interest and preview only some of the high points (hence, “Angel” is still a possibility). 

Incidentally, Steve Trevor did not call Wonder Woman “Angel” in their first appearance All-Star Comics…that didn’t come until Sensation Comics.  BRB, having such a pure geek moment right now. Thanks for your question!

inoneearandouttheother  asked:

Howdy! I'm young and I have a pretty good retail job at a home improvement warehouse that cannot be named. I have a 401(k) where they match the 3% contribution I give in my paycheck. I diversified with some money in a mutual fund set to mature when I retire, a higher risk fund, bonds and some common stock. What else can I do now (at 21) to ensure a bright and early retirement future?

If you want to retire early, you will need to open a brokerage account in addition to your 401(k). You cannot withdraw the money from your 401(k) until you are 59.5 years old without incurring a 10% penalty in addition to full income taxes on that money. Which would essentially mean giving up almost half of every dollar you withdraw early.

So, step 1: open a brokerage account. You can put money in and take money out of brokerage accounts whenever you want, as often as you want, with no penalties. A brokerage account allows you to invest like your retirement account but keeps that money under your control rather than locking it up. Why have a retirement account at all? Well, most are tax-advantaged, so it makes sense to max those first usually.

Step 2: figure out your number. Most people calculate the number they need to retire (early or not) by using some multiple of their current salary. Let’s say your current salary is $40,000 - traditional wisdom says you’ll need at least 25x’s that to retire, or $1,000,000. That’s a very quick and easy shortcut to the question “how much do I need to retire”. (you use 25x’s because history tells us you should be able to withdraw 4% annually and not deplete your principal during an average retirement)

Now, while that’s a good shortcut number, it’s not necessarily the best number. Instead, I would focus on how much you SPEND every year, not how much you make. If you only need to spend $2,000/month to cover expenses and have some fun money, or $24,000 annually, you don’t need to save $1,000,000 before retiring, you only need to save $600,000 (assuming the same 4% withdrawal) - way less than our shortcut provided.

Or maybe you’re making $40k a year, but spending $45k (going into debt every year to cover all of your expenses). If that’s the case, you need $1,125,000 to retire - more than our shortcut provided.

Hopefully that illustrates why it’s more important to focus on spending, not earning, when calculating your retirement number.

Step 3: research various investments. Know what you’re getting into. Know the pros and cons of every investment you buy. Each person invests differently, and for the most part, that’s okay, as long as you understand the risks and rewards and then shape your plan around those risks and rewards.

Me personally? I favor income-producing assets over equity assets. I like investments that pay me a dividend or royalty check every month/quarter vs a stock price that rises. I understand that over a longer period, on average, my income-producing investments will appreciate at a slower rate when compared to equity assets. But I also understand that over a longer period, on average, my income-producing assets will have less volatility. That helps me to not panic sell, that helps me to sleep better at night, and so I’ve traded a little bit of reward for a little bit of lower risk. That’s how I shaped my plan.

My plan won’t work for everyone. Someone else may want to be all equities and think I’m silly receiving dividends every month. They may not blink at 10% gains and 10% drops in the same week. You should do what makes sense for you and your plan.

There have been numerous studies done that show it doesn’t really matter too much what you invest in, so long as you are diversified, don’t panic sell, and stay invested. The vast majority of wildly different portfolios will usually end up in about the same place over a couple decades as long as you buy and hold. Period.

If you’re not sure what to invest in, but want to get your money into the market now (the old saying is “time in the market is better than timing the market”), then just buy a target date mutual fund from Vanguard. This is a great investment. The lowest fees anywhere. You are instantly diversified with thousands of US and global stocks and bonds. Every year Vanguard rebalances the mix for you automagically and over time they move you from mostly equities to mostly bonds, so your target date fund gets less risky as you get older. It’s the single best placeholder - and for a lot of people will be the only investment they ever need - while you do more research on other investment options.

Finally, step 4: If you plan on retiring super early (in your 30s or 40s), I highly recommend you set up some alternate sources of income. This is usually called passive income, though it’s rarely truly passive. This can come from a hobby (making and selling things on etsy or ebay), a royalty (designers and musicians make money every month from work they did in the past), a part-time gig (“job” sounds not-retired, so let’s use gig) that you love doing and happen to get paid for, etc. The 4% safe withdrawal rate is usually only applied to traditional retirements, those lasting about 20-30 years max. If you want to retire at the age of 30 or 40, one would hope you plan on living longer than 20-30 years and therefor you need to make your money last longer.

Having some sort of (even really small) income to supplement your investments will help a lot. For example, if you can rent out a spare room in your house, or cut lawns if you like being outside, or work at the library if you like being inside, etc making just $300/month, that’s the same as having an additional $72,000 invested in a fund paying a 5% dividend. When you think of small income drips in that way, you can see how powerful even “gig”ing a few hours a week can be.

Hope that helps. Please let me know if you want any more information on any of the above. Walls of text don’t go over well on tumblr, and believe it or not, this is the short version of all this. So ask away!

anonymous asked:

Hey there! Do you have any tips about starting an IRA? I'm recently employed (part-time, minimum wage, but my parents still support me so any earnings are basically "bonus money"), and have heard my whole life that you should start saving for retirement during your first job. Do I do this through my bank? Through an investment account? How do I even set up an investment account? I'm clueless, so any help you can give would be great. DFTBA!

Starting an IRA is pretty painless. You might be able to do it through your bank, but their investment offerings might be limited. I would recommend you start an IRA at an online brokerage. I personally use E*Trade, but there are others (Vanguard is also highly regarded, Scottrade, etc.).

You would first sign up for a free login on their website. You will then have access to online forms for opening a new account. E*Trade’s can be done online and you basically open the IRA the same way you’d register a new email account. A few pages of info to fill out and then hit submit. Bam, you now have an IRA.

You can transfer money in to your new IRA a few ways. You can do a bank transfer if your paycheck is automatically deposited to your checking account, simply attach your checking account to your IRA and you can move money in. Or you can snail mail E*Trade a check to deposit into your IRA whenever you want.

Once you have money in your IRA account, you’ll have to invest in something. Without going into a huge “how to invest” piece here, for beginners I would recommend target date funds. A target date fund is a diversified mutual fund that starts out risky, and gets more conservative as you age. The asset allocation between stocks and bonds and various sectors of the market are all automatically rebalanced for you. Literally all you have to do is choose the target date fund that’s designed for the year you plan to retire (between age 62 and 67) and set it and forget it. (more advanced investing advice exists out there, I could even make some suggestions if you’d like in another ask, but target date funds are easy, well diversified, and appropriate for everyone)

[[let’s say you’re 22 years old now, and plan to retire at age 62, that’s 40 years from now, or the year 2055, so you would choose the Vanguard Target Date 2055 (VFFVX) fund to invest in]]

Online investing is similar to any other online shopping experience. You choose the fund (product) you want, and then choose the number of shares you wish to buy (quantity in your cart) and then click “buy”.

The only thing complicating matters is that there are two different types of IRAs. So you’ll want to look at both types and choose the one you feel is appropriate for you.

The two types are Traditional IRAs and Roth IRAs. The biggest difference is when you pay taxes on your saved money. With a Traditional IRA, you get to write off all of your IRA contributions, on both state and federal taxes, the year you contribute that money, ie. now. So if you make $12,000 this year, but put $5,000 of it into a Traditional IRA, you only pay taxes on $7,000 of income ($12k - $5k in IRA = $7k income). However, when you withdraw your savings in retirement from your Traditional IRA, you pay income taxes on that money. For most people, they are in a lower tax bracket during retirement than when they were working, so this is beneficial.

With a Roth IRA you receive no tax benefits now. You make $12,000 but save $5,000, doesn’t matter, you’re paying taxes on $12,000 this year. BUT, when you start withdrawing money from your Roth IRA in retirement you pay NO taxes. No taxes on the amount you saved, and no taxes on the decades of growth that accumulated. Because we have no idea what tax rates may be in the future, some feel this is more beneficial. Pay taxes now on the known, instead of paying them later on the unknown.

It’s your call, and you can read more by googling “traditional vs roth ira”, but the tax thing is the big difference.

Congrats on the new job, and having that money as “bonus money” right now. It’s very wise to start saving for retirement at the youngest age possible. Compounding interest is your friend, and if you consistently put even small amounts away, you’ll have it much much easier than your peers who don’t and will have to play catch up later on in life.

Plum superintendent Naccarati to retire

By Zak Koeske

“Love what you do. If you don’t love it, you won’t be able to sustain the high level of commitment necessary to do the job well.”

Those are Plum superintendent Lillian Naccarati’s words of advice to her eventual successor.

Ms. Naccarati, a longtime educator and Plum resident, announced her retirement at the school board meeting earlier this month, effective Dec. 31. The district has yet to begin the search for a replacement.

“I made a very difficult decision,” said Ms. Naccarati, who accepted an early retirement incentive package with several years left on her contract. “It was rather bittersweet for me because I love what I do. There’s not a day that I don’t enjoy coming to work and fulfilling my responsibilities to our school community.”

Her retirement package, like the ones accepted by 23 district teachers, pays out $1,000 per month for the next 36 months.

Ms. Naccarati, who worked in the Woodland Hills, Gateway and East Allegheny school districts before coming to Plum in 1992, said she always wanted to be a teacher.

“My older sister always ‘played school,’ ” she said, “and I was one of the students. I loved that experience with her, and as I went through high school and it was time to make a decision regarding the career path I would take at the university, it was very apparent that my heart and my soul were in teaching.”

Since 1992, Ms. Naccarati has served as principal of Plum’s Regency Park and Pivik elementaries, district director of pupil personnel, assistant superintendent, and since 2008, has led the school district.

“My philosophy has always been 'students first’ as both a teacher and as an administrator,” she said. “So that if every decision was made from that perspective, I always had confidence in the fact that it was the right decision.”

Ms. Naccarati, who said she misses teaching, was encouraged early on by colleagues to make the jump from teaching into administration because she naturally assumed leadership roles wherever she worked.

“I have always missed the fact that I don’t have direct day-to-day contact with the students,” she said. “But I also always felt that I could make a greater contribution as I moved up through the ranks of administration.”

Ms. Naccarati said she was most proud of achieving districtwide Middle States accreditation from the Middle States Association of Colleges and Schools, a nonprofit organization dedicated to educational attainment through peer evaluation.

Through the Association’s Accreditation for Growth protocol, each grade level within each building analyzes student achievement data to form a grade- and building-level-specific education action plan, Ms. Naccarati said.

“It gave us the opportunity to look at the district in such a way that all of our programs and courses of study supported one another. It gave us the opportunity to coordinate district programming as well as collaborate relative to our strengths and give us a vehicle to address our weaknesses.”

The results of the program, Ms. Naccarati said, are apparent in the district’s elementary school PSSA scores. She also associates the district’s high elementary standardized test marks to the full-day kindergarten program and the implementation of professional learning communities where teachers and administrators collaborate to address student achievement.

Ms. Naccarati, who will retain her superintendent role for the first semester of next school year before passing the reins at the change in calendar, said she would formally address the school community regarding her retirement at her last board meeting in December.

In her retirement, Ms. Naccarati said she looked forward to spending more time with her family. Because she has five grandchildren who all attend Plum schools, she fully intends to remain active and involved in the school community.

Plum schools in market for top educator

By Zak Koeske

Plum School District’s hunt is on for a new leader.

At last week’s board meeting, superintendent Lillian Naccarati announced her retirement, effective Dec. 31, but said she would reserve the right to deliver a community message until her final board meeting.

On the district’s website, a brief message from Ms. Naccarati reads:

“It has been an honor and privilege to serve as superintendent of schools and it has been my pleasure to work with outstanding past and present students and parents, exceptional past and present school board members and an excellent professional and support staff.

"I am very proud of our many accomplishments. They stand as evidence of the collaboration and cooperation that we enjoy from all segments of our school community. I am certain that our district will continue to ‘Lead the Way.’ ”

Board President Kevin Dowdell said the district would like to replace the retiring superintendent as soon as possible.

He said the board had yet to meet to discuss specifics, but he is open to internal and external options. The district also could look to fill the position on an interim basis from its retired ranks, he said.

“There is a pool of retired superintendents that could come in that act as acting superintendent until we find a permanent superintendent,” he said. “But we’d like to probably avoid that as much as possible.”

Ms. Naccarati, a Plum resident, has been the district’s superintendent since July 2008, when she replaced former superintendent George Cook on a temporary basis. She was hired by the board permanently the following April.

Before that, she served as an elementary school principal, director of pupil personnel and assistant superintendent for the district.

Her early retirement package, which mirrors the one accepted by 23 district teachers, will pay the departing superintendent an additional $1,000 per month for the next 36 months.