andrenader

OP here. Married Filing Jointly has nearly 90k of long term capital gains in the 0% tax bracket. Most the "income" coming from qualified dividends, long term capital gains, and importantly the original cost basis of the investments you sold. This is all before more complicated withdraw strategies. So the taxation at that level ends up being smaller than you think. I need to make a longer post going into all the details explaining it all.

It does factor in inflation. I am using a 3% safe withdraw rate in my calculations which is where I withdraw 3% of my portfolio balance in year one, then in year two I take that original amount and adjust it up by inflation, and continue doing this each year. So it will maintain the same buying power.

Thanks for reading! I do need a little more color in my life. The one key observation I made was:

“Was fascinating to see how color played a big part in wear rates as well. My theory here is simply that my household doesn’t own enough white clothing items so the “white load” of laundry is bi-weekly vs weekly for everything else.”

They make cheap sticker ones that I used for testing before upgrading to the machine washable buttons. Combined with apple shortcuts lots of interesting things you can automate.

Since I only talked for a year I didn’t get into the full life of items. Some of my clothes I’ve owned for 10 years too!

One good realization was recognizing the type of items I would immediately come to wherever they were clean. As well as the awesome potentially low cost per wear of items that can be worn multiple times per week (obvious in retrospect but nice to know that spending a little more for quality on shoes, pants, and jackets can be worth it).

I love unnecessary optimization! This was a fun little project. My end goal of to be more like you. I had just lost a lot of weight and before buying the few higher quality items I wanted to be more informed about which ones I personally would get the most value from.

OP here. The value here is really the price it was when new. Most of the clothes was purchased over the past 10+ years. I didn't buy any new clothes the year prior to this project at all. I spent more in clothes during the project than I had in the prior few years. But I also had lost nearly 50 pounds and my old clothes wasn't really fitting.

Hey HN, this is my original content. Happy to answer any questions. Turned out to be a fun little project.