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Add to Cook's impeccable timing, that he stepped out of CEO role and into Chairman on exactly his 65th birthday, the very day he became first eligible for his p
by CGMthrowaway 6mo ago
Add to Cook's impeccable timing, that he stepped out of CEO role and into Chairman on exactly his 65th birthday, the very day he became first eligible for his pension
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- boringg 6mo ago[flagged]
- snowwrestler 6mo agoTim Cook refreshing his 401k page every day to see if he’s ready to FIRE.
- boringg 6mo ago[flagged]
- leoff 6mo agoyour comment read as AI
- boringg 6mo agowhat is wrong you guys? How is my comment read as AI?
- dkdbejwi383 6mo agoAI takes everything at face-value and cannot understand obvious jokes.
- retired 6mo ago"Should I use a 3.5% or a 4% safe withdrawal rate? My house is paid off and I got a company pension, two dogs and a partner. Cars are paid off but our iPhones are on a payment plan till 2028. Net worth around $2.5 billion but highly concentrated in one company"
- rootusrootus 6mo ago> Should I use a 3.5% or a 4% safe withdrawal rate? Well... > My house is paid off and I got a company pension, two dogs and a partner. Kids? What are you planning for your estate after you croak? You can do a little better than 4% with an lifetime joint annuity for you and your partner, so long as you don't care about leaving anything to family...
- FireBeyond 6mo ago> You can do a little better than 4% with an lifetime joint annuity for you and your partner, so long as you don't care about leaving anything to family... "How are you spending your retirement with all that free time?" "SKIing" "Aren't you a bit old for that... wait, what?" "Spending Kids' Inheritance"
- ecshafer 6mo agoI know this is a joke. But when I was at Vanguard, something like 95-99% of our users literally just logged on, checked their balance and logged off. A decent percentage of the user base does that every day. So only a few percentage a day actually made a trade or anything else. I always found it pretty odd before I realized I only make a trade 1 or 2% of the time.
- icedchai 6mo agoI'm one of those users! I make a trade at Vanguard maybe every other month! I have another brokerage account I use for more active trading. My Vanguard account isn't "for" that, and the UI is so bad it kind of discourages it.
- edm0nd 6mo agoThis is the same way I treat my 401k platform too. I never touch it and only log in to check a balance a few times a year. I opened a RobinHood acct for my own lil side pot and projects that I actively buy/sell on.
- ValentineC 6mo ago> But when I was at Vanguard, something like 95-99% of our users literally just logged on, checked their balance and logged off. A decent percentage of the user base does that every day. So only a few percentage a day actually made a trade or anything else. Most people just want to keep tabs on how that petulant orange manchild is wrecking their portfolio with his disgusting market manipulation antics.
- snowwrestler 6mo agoThat’s how Vanguard keeps their costs so low, they just set a full page cache with 86,400 TTL and only a few people notice.
- Barbing 6mo ago>A decent percentage of the user base does that every day. Do they weigh themselves every day too? Kidding, I’m sure I’m ignorant of the rationale. Thought weekly, monthly would be better to understand trends or not get unnecessarily worried. Maybe I’m so wrong the opposite is true.
- mcphage 6mo ago> That is the funniest comment I have seen. You say it's funny, but the rest of your comment makes me think you didn't realize it was a joke.
- retired 6mo agoBeing eligible for Medicare, Cook can finally afford to retire.
- aworks 6mo agoLikewise he can probably defer his Social Security payments until 70, in order to get the higher benefit... +1 for Medicare for the non-rich, though. I'm a retiree and the monthly payment is about 1/4 of what I was paying for health insurance before I was eligible.
- lateforwork 6mo agoBut is Medicare as good as the insurance you had before?
- BugsJustFindMe 6mo agoI can't speak for aworks, but most of the people I've spoken to on it, like my mother, say it's better than the private insurance they had before.
- lokar 6mo agoI’m going to need to buy on the individual market. Talking to a broker he said Medicare is a great deal, and you should take it if you can.
- aworks 6mo agoFor general medical coverage, it was better for my Mom and now it seems better for me. Some things are not covered with traditional Medicare e.g. dental and vision.
- BugsJustFindMe 6mo agoDental and vision aren't covered by private medical insurance either, and private dental insurance typically has max annual payouts low enough (like $1k/1.5k) to make it basically a scam unless you know you'll actually get use out of it.
- ikidd 6mo agoHumor seems difficult for people. Don't worry, I got it.
- lvspiff 6mo agoAt first I was thrown off by everyone calling him "Tim Cook"... we all know its pronounced "Tim Apple"
- jmkni 6mo agoGotta hold out for that bus pass