Bogleheads.org

If this is what you truly want, then go for it. You can always get a job when the need arises.

I owned cars for over 40 years and never changed the oil before 6,000 mile and sometimes go to 9,000 with no probs. Most of my cars have been Hondas. Just my opinion

Financially I can retire today. (62) Emotionally I'm not sure I can. I help people and it's gratifying that I can, :confused so it's hard to go to pasture. Any thoughts on overcoming my mental state? Noah I always believed that if you need to work financially, do it or if you love what you do, do i...

Looks like no

Thank you Taylor. It is incredible how we fail to realize the power of patience, persistence and perservance. Rafa Nadal could give great insight on this and what it has meant to him. I think Einstein said something along the lines of 'It's not that I am so smart but that I've very persistent.'

Thank you Jack for the wealth of information, ideas and support you have provided. Happy Birthday and many more

How do you feel about when you retired?

I did not talk with anyone, just did it myself. There are a good number of tools out there which should help. I didn't rely on any particular one but was looking for a convergence of results. No one knows the future but you know yourself the best. I've been retired for 2 years and things are good. I...

Amen...

We are taking my wife to a NY Mets game and then out to dinner. Just being with the family is fun...my daughter is 28.

I'm 63 yrs old with 50/50 but I do have a 71 year old friend who claims to be 100% in stocks

I'm retiring at the end of the year. I expect my expenses for my first year will be unusually high, because I am relocating and I will be buying new furniture and a new computer. Who knows, though, for my second year of retirement and beyond. Good luck Gordon, enjoy...I've been retired 2 years and ...

Thanks all, sound good. Research shows that the biggest expense in retirement are housing costs ~40%

How do your current expenses compare to right before you retired?

I don't do any of the above, never have. If things get tight I just hitch up the belt. At age 85 I have never had budgets. If the money is not there we just quit spending and live within our means and we have been there a few times. It's called cost cutting. I know what my income will be every year...

Retread wrote:What kind of an annuity - deferred or immediate?
Bruce

Either kind

What are your plans for annuity ownership?

I had this problem with Verizon and fixed it myself easily. Basically, I unplugged it from the electrical current then opened the cover and unplugged the inside wire. I let it stand for ~5 minutes, then put both plugs back in which essentially rebooted it. This was a couple of months ago and it didn...

Been in my house for over 30 years (no mortgage) and besides a place to sleep at night, I always believed that it helped me sleep at night

For the record, here are the real (inflation adjusted--as of 3/13) levels that need to be exceeded to qualify as an all-time high: Dow.....................16,124 S&P500...................2,106 NASDAQ.................6,847 Wilshire 5000.......20,005 All of these levels were set during the first ...

Good one Rick...begin with the end in mind.

No problems here, try deleting your cache and then try again. Had a similar problem with Fidelity and this cured it

I think people on this website look at past performance for different reasons than people of other sites. There seems to be some surprise that some even look at past performance. I know that I cannot pick a winner. I can, however, spot a loser. I avoid funds that consistently underperform their ben...

Yeah, I read "use" pretty narrowly. Obviously I *look* at what the performance was, because if a fund purports to track a particular index but in fact varies considerably, I wouldn't buy that fund. But my approach is more like, "that index represents part of the market that I want to...

While I have taken many vacations over the years both in the US and outside, our trip to California is still among my favorites. We landed in LA and drove up the Pacific Coast Hwy (US 1). The views a driving up were spectacular and we made some nice stops at San Simeone and other nice towns. I live ...

Besides cost advantage, why do you think that is?

While the poll has only captured 19 votes, the results are a bit surprising to me

How often do you use 'past performance' data when buying a fund?

I took SS at 62 and am glad I did. Have less than 1 million but I don't worry. Oftentimes answers to life's question can't be found on a calculator. If it feels right do it. Enjoy your life now!

So the biggest advantage for leasing is that you don't have to sell it yourself when you are done with the vehicle? BFG I'm not heavily into crunching numbers to save pennys, some things are worth it for the non-monetary benefits. Yes you don't have to sell it at the end, you just turn it back walk...

Mark Cuban was slamming this stuff today on a news show, saying that this has taken over in place of selling/buying stocks as a company's vehicle for raising capital.

There are more and more unfortunate endings to what at first can look very appealing. Most of the problems are associated with someone not having enough money to make tax payments, for example, leading to loss of the home. One really unpleasant situation we know of personally: A very elderly woman ...

Was wondering if anyone has had any person experiences with taking out/using a reverse mortgage? What have you used it for, under what circumstances did you take it out and what are its drawbacks? All comments gladly accepted

Stocks are at all time high and too risky. Bond prices are high and with near zero interest rates are too risky. Gold is fluctuating 25% to 30% weekly and they are too risky. Real estate is still too slow and too risky. Money under the mattress is too risky. Well over the past 25 years that I have ...

I have been going out to test drive used SUVs. Some are "certified" and some are not.... is it worth it to focus only on "Certified Used" and assume this carries something of a premium. I have never purchased used before - is the Edmunds price a good benchmark? Thank you again, ...

Yes, I know, I have read it over and over again. "Past performance doesn't guarantee future results". That being said, how do you balance that with something like the Wellington fund that has returned over 8%, on average, for 84 years! comments? A couple of things, we all know that it &qu...

I would like to know, what do people do when they are not worrying

Just learned something the other day. Social Security claims that based on life expectancy, no matter when you start taking SS$, everyone one of us, on average, will collect roughly the same number of dollars when they pass on. Do you buy this? Hi EternalOptimist, Interesting. Do you have a link or...

Roughly, yes, I do believe this. I'm not sure it's the total number of dollars that is constant--that is, I'm assuming they do factor in the "time value of money" and the interest rate on Treasuries, just the way commercial insurers do. But Social Security is intended to be "actuaria...

livesoft wrote:Yes. Do you mean it is actuarially neutral?

Yes, thanks for the clarity

Just learned something the other day. Social Security claims that based on life expectancy, no matter when you start taking SS$, everyone one of us, on average, will collect roughly the same number of dollars when they pass on. Do you buy this?

Check out these ratings from JD Power

http://www.jdpower.com/consumer-ratings ... /index.htm

I've had Levolor for over 30 years and they still look good.

When? Everyone's an expert!

I believe if you don't ask you don't get. Go ahead and threaten, it will probably get you some type of deal, at least short term. I'm pretty happy with Verizon Fios

I've had good luck at Home Depot as well, but only needed a smallish mower.

It should be no problem if your finances are in order. I've taken out five mortgages as well as HELOC's on five different homes since turning 60, the most recent two beyond 70, and received the best rates with no difficulty. Substantial assets in an IRA account can be tricky. The banks seem to want...

A question, if a senior couple is thinking about selling their primary residence and moving to a new state, how difficult would it be to get a mortgage. Let's say the couple would put down at least 50-60%, their income would be derived from social security, and they would have a sizeable nestegg...e...

I do it grossly as I feel the need--not often. I do nothing with it

JD Power provides consumer ratings across various categories:

http://www.jdpower.com/