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MineralMan

(146,317 posts)
50. I have no numbers to offer, actually.
Wed Jul 21, 2021, 09:18 AM
Jul 2021

Last edited Wed Jul 21, 2021, 09:54 AM - Edit history (1)

I know exactly what my late parents' assets were. While they were substantial from my point of view and from my sister's point of view, they were finite and limited. At the estate's executor and trustee, I'm nearly at the point where all assets have been captured and distributed to their estate's beneficiaries. In toto, they amounted to just into 7 figures. Several beneficiaries received fixed amounts. I and my sister divided the rest equally.

The result is that I and my wife are now out of debt altogether, with enough left to pad our retirement incomes for a decade or so, as long as we live frugally. We bought a house at the bottom of the housing market, which will be partly offset by selling our previous home, which is also at the bottom of that market here. No vacation home. No fancy car. No frills. We just get to relax a little in our 70s. That's all.

My sister's health care needs will be met for however long Alzheimer's lets her live.

That's it. That's what I meant. We're not wealthy now, but we weren't before, either. We're just a little more secure.

It reminds me of a new multi-millionaire buying a Lamborghini. MineralMan Jul 2021 #1
And buying a Lamborghini is bad....why? Dial H For Hero Jul 2021 #5
In itself, it's not bad. I understand the motivation. MineralMan Jul 2021 #17
And they don't get lessons first. LiberatedUSA Jul 2021 #69
Sadly, that happens all too often. MineralMan Jul 2021 #70
I recently purchased a Porsche Boxster S. It's fast, but it comes nowhere near supercar territory. Dial H For Hero Jul 2021 #71
Yeah, that's not a supercar. It's a fun car, though. MineralMan Jul 2021 #73
The first commercial flight was in 1914 brooklynite Jul 2021 #2
Still Basically A Thrill Ride, Sir The Magistrate Jul 2021 #9
And those flight charged the equivalent of First Class today.... brooklynite Jul 2021 #10
I Fail To See Your Point, Sir The Magistrate Jul 2021 #11
Not a shock! Nt USALiberal Jul 2021 #52
Lol, true enough. Treefrog Jul 2021 #25
Them's fighting words here... brooklynite Jul 2021 #34
Flying in the Qatar Airlines Q-Suite to Thailand in a couple of weeks. Japan Airlines business Dial H For Hero Jul 2021 #37
My cousin has flown with them in business. I'd love to! Treefrog Jul 2021 #40
Thanks, looking forward to it! Dial H For Hero Jul 2021 #48
In 2019, I was flying Emirates Business to Dubai... brooklynite Jul 2021 #45
Emirates First Class is about as over the top luxurious as it gets, from what I've read. Dial H For Hero Jul 2021 #47
Another fantastic airline. Treefrog Jul 2021 #49
Lol! Treefrog Jul 2021 #39
You've got that right! Dial H For Hero Jul 2021 #38
I've only flown business class a couple of times, first class never Silent3 Jul 2021 #57
I never pay the cash price for a business or first class ticket. I could never afford it. Dial H For Hero Jul 2021 #60
If I flew a lot and got points that way, sure Silent3 Jul 2021 #61
Well, I also have almost 20 credit cards. Dial H For Hero Jul 2021 #62
Are you suggesting that soon space will be filled with... lame54 Jul 2021 #30
Multiple shapes of aircraft; multiple shapes of spacecraft brooklynite Jul 2021 #33
He donated 10 billion to Earth Fund but mostly agrees with critics. MrsCoffee Jul 2021 #3
Yep, it's nothing more than a. . . DinahMoeHum Jul 2021 #4
The technical achievement, to the extent there is one, seems to be reusable vehicles. Klaralven Jul 2021 #6
The boosters were also reusable jmowreader Jul 2021 #12
This isn't true Johonny Jul 2021 #77
The technology is better than 1961 for a number of reasons. tinrobot Jul 2021 #7
Stephenson's Rocket Shellback Squid Jul 2021 #8
Not At All, Sir The Magistrate Jul 2021 #13
sorry, left off the sarcasm emoji, I agree with you 100% Shellback Squid Jul 2021 #42
Stephenson's Was, Sir The Magistrate Jul 2021 #44
The engine designs for these rockets are innovative. hunter Jul 2021 #14
Is graduating high school a waste of time because "nothing new was learned"? mathematic Jul 2021 #15
Not equivalent in any way. MineralMan Jul 2021 #21
This IS that industy mathematic Jul 2021 #23
Yep. BeckyDem Jul 2021 #16
I agree. MineralMan Jul 2021 #18
+1. That is wonderful. BeckyDem Jul 2021 #19
Yes, it sounds that you and I had similar type parents. Treefrog Jul 2021 #26
Yes. Exactly. MineralMan Jul 2021 #28
And what is the threshold for "modest acquired wealth by hard work and thrift"? brooklynite Jul 2021 #46
I have no numbers to offer, actually. MineralMan Jul 2021 #50
I never inherited anything... brooklynite Jul 2021 #65
That's nice. MineralMan Jul 2021 #66
I just snoozed MSNBC for the first time ever Marrah_Goodman Jul 2021 #20
With all the hate towards Bezos I was expecting 48656c6c6f20 Jul 2021 #22
He is perusing something that he loves. Blue_true Jul 2021 #43
Cool story, bruh. LanternWaste Jul 2021 #24
Stained glass is beautiful, tells many stories, graces many ancient buildings. Treefrog Jul 2021 #27
Nihilism isn't my bag, bruh..m MineralMan Jul 2021 #32
Fix your quote! Nt USALiberal Jul 2021 #53
What an ignorant thing to say. You don't know what you're talking about. Liberal In Texas Jul 2021 #29
No point trying to make a counter-argument... brooklynite Jul 2021 #35
Routine Space travel into Earth orbit is where commercial air flight was Blue_true Jul 2021 #41
Exactly EX500rider Jul 2021 #87
A lot of people hate Bezos. I don't. Blue_true Jul 2021 #88
Billionaire Cosplay Bettie Jul 2021 #31
Like it or not, it is basic science. Blue_true Jul 2021 #36
Well, despite my fascination with space, I have no desire to MineralMan Jul 2021 #51
I expect that someday the cost of energy itself will go way down Silent3 Jul 2021 #58
Really? What do you think will drive those costs down? MineralMan Jul 2021 #59
Even if you're just "burning things very quickly and in large quantities", what's most important... Silent3 Jul 2021 #63
Technological optimists don't depend on an unknown future technology. Blue_true Jul 2021 #82
By "technological optimist" I'm not talking about people actively working... Silent3 Jul 2021 #100
Okay, I understand now. nt Blue_true Jul 2021 #101
Another force would allow all the poster mentioned to happen. Blue_true Jul 2021 #81
Space will one day be much cheaper to go to. Blue_true Jul 2021 #79
From 1957, Sir The Magistrate Jul 2021 #56
The Moon was reached about a decade later, Sir. Blue_true Jul 2021 #83
The Suggestion Was Obvious, Sir The Magistrate Jul 2021 #86
You are wrong. Happy Hoosier Jul 2021 #54
We shall see. A good question is: How much orbital transport do we need? MineralMan Jul 2021 #55
Some people thought air transport would never be practical. Happy Hoosier Jul 2021 #64
One Of The Key Points, Sir The Magistrate Jul 2021 #67
So our reach sometimes exceeds our grasp. So the fuck what? Happy Hoosier Jul 2021 #68
The High End Liners Were Quicker Than Two Weeks, Sir The Magistrate Jul 2021 #72
You are hearing but not listening. Happy Hoosier Jul 2021 #74
The Same, Sir, Could Be Said Of You The Magistrate Jul 2021 #76
"Rapid movement of a few people" A "few people"? EX500rider Jul 2021 #89
Eight Billion Tonnes By Sea In 2008, Sir The Magistrate Jul 2021 #93
An example: During the 1990 Gulf War, the vast majority of US equipment got there by sea. Dial H For Hero Jul 2021 #95
Indeed, Sir --- A Question Of Scale The Magistrate Jul 2021 #96
Passenger air travel has given people the opportunity to experience the world outside their bubble... brooklynite Jul 2021 #92
All Very Nice, Sir The Magistrate Jul 2021 #94
The advancement was that they worked... brooklynite Jul 2021 #97
This Is Getting A Little Silly, Sir The Magistrate Jul 2021 #98
You are determined to ignore facts Happy Hoosier Jul 2021 #102
Everything Is Relative, Sir The Magistrate Jul 2021 #104
Do you think I'm stupid? Happy Hoosier Jul 2021 #105
Why Should I Do That, Sir? The Magistrate Jul 2021 #106
Good Points All, Sir. MineralMan Jul 2021 #75
I'm some kind of "freaking luddite." hunter Jul 2021 #91
I'm glad you are not king then. Happy Hoosier Jul 2021 #103
Space travel will carry people, not goods. nt Blue_true Jul 2021 #85
I agree with your stepping stone analogy. Blue_true Jul 2021 #84
Agreed. It is a stunt, and one which ought to come to be seen as such. Ron Green Jul 2021 #78
"space travel is the exact opposite of the trajectory best taken by humans on this planet" EX500rider Jul 2021 #90
Earth IS the one basket. Ron Green Jul 2021 #99
It's okay to LOVE the Science, but hate the billionaire JCMach1 Jul 2021 #80
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