Search found 55 matches

Return to advanced search

Re: Will you have to pay your parent's long term care costs?

From what I understand these cases are not very relevant to the typical situation where Medicaid pays the nursing home after the parent's resources are exhausted. Nursing homes are using filial support laws when the parent manages to disqualify themselves from Medicaid to collect from the children....
by Investor2
Wed Aug 20, 2014 8:35 pm
 
Forum: Personal Finance (Not Investing)
Topic: Will you have to pay your parent's long term care costs?
Replies: 57
Views: 4423

Re: FERS retirement: Final taxes and TSP

Victoria, Many thanks for sharing your approach. There is much to think about here and some ideas I had not considered. Regarding my own situation, I will also need to supplement my pension with additional funds until SS kicks in at 70. I already have almost the total amount needed for what some her...
by Investor2
Wed Aug 20, 2014 8:04 pm
 
Forum: Personal Finance (Not Investing)
Topic: FERS retirement: Final taxes and TSP
Replies: 38
Views: 2671

Re: Will you have to pay your parent's long term care costs?

I’ve had concerns about this possibility as well, though I imagine retirement accounts (at least 401k) and one’s personal residence would be protected. The facts of this case make it even more concerning: “The nursing home had applied for Medicaid benefits for the mother under the Pennsylvania Medic...
by Investor2
Wed Aug 20, 2014 5:57 pm
 
Forum: Personal Finance (Not Investing)
Topic: Will you have to pay your parent's long term care costs?
Replies: 57
Views: 4423

Re: FERS retirement: Final taxes and TSP

Victoria, Congratulations on your upcoming retirement and on your careful planning! My situation is somewhat similar to yours -- soon to retire with a FERS pension, expect pension plus SS at 70 to cover basic living expenses, have significant additional savings, and am a renter -- so I've learned mu...
by Investor2
Wed Aug 20, 2014 5:22 pm
 
Forum: Personal Finance (Not Investing)
Topic: FERS retirement: Final taxes and TSP
Replies: 38
Views: 2671

Re: Poll: Has your AA changed in the last 18 months

I became slightly more aggressive because I acquired a non-financial asset, a condo which will provide me with a place to live. I was 90% stock before buying the condo (not counting the money intended for the condo down payment), and am now 100% stock. However, this is 100% net stock; I could have ...
by Investor2
Sun Jul 20, 2014 4:38 pm
 
Forum: Investing - Theory, News & General
Topic: Poll: Has your AA changed in the last 18 months
Replies: 58
Views: 3825

Re: Delaying Social Security benefits - information from NAS

Participants on this board tend to be significantly wealthier, better educated, and higher in certain personality traits such as conscientiousness than average - all characteristics associated with longer life expectancy - another factor to consider. I'm planning to delay until age 70 because my pen...
by Investor2
Sun Jun 01, 2014 2:28 pm
 
Forum: Investing - Theory, News & General
Topic: Delaying Social Security benefits - information from NASI
Replies: 31
Views: 2267

Re: Do you use a dry powder/tactical asset allocation strate

You should do some checking of history and tell us when stock indexes dropped 20%, 25%, and 30% as you noted in your opening post as trigger points. You will find that you will be waiting a long time if you need numbers like that to make a move. And that's a long time to wait in "dry powder&qu...
by Investor2
Mon Apr 21, 2014 8:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Do you use a dry powder/tactical asset allocation strategy?
Replies: 30
Views: 3247

Re: Do you use a dry powder/tactical asset allocation strate

I have an allocation to fixed income . . . All of this is wet powder that can be used to opportunistcally rebalance temporarily into equities . Typically, I will sell a short-term bond fund ETF shares and buy an equity ETF, but I may also simply exchange from a bond index fund into an equity index ...
by Investor2
Mon Apr 21, 2014 7:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: Do you use a dry powder/tactical asset allocation strategy?
Replies: 30
Views: 3247

Do you use a dry powder/tactical asset allocation strategy?

I’ve often heard experienced investors talk about keeping some cash or fixed income available as “dry powder” to be used to buy stocks on market dips – and given a five year bull market, a dip or bear market seems increasingly likely. I’m wondering what other Bogleheads are doing. Do you use a “dry ...
by Investor2
Sun Apr 20, 2014 8:29 pm
 
Forum: Investing - Help with Personal Investments
Topic: Do you use a dry powder/tactical asset allocation strategy?
Replies: 30
Views: 3247

Re: Video: Interview with Jonathan Clements and Jason Zweig

Thanks for posting this link! Excellent 26 minute interview, well worth watching. Some topics covered - current low bond yields and retirees need for income, running out of income as one of greatest risks retirees face, consider SPIA and delaying Social Security, look at SS as a bond, look at what y...
by Investor2
Sat Apr 12, 2014 10:29 pm
 
Forum: Investing - Help with Personal Investments
Topic: Video: Interview with Jonathan Clements and Jason Zweig
Replies: 4
Views: 614

Re: Importance of Controlling the Endgame

A few thoughts: This would be a significant drop in salary. And over the past couple of years Federal jobs have been a little less secure than they used to be, though they are still generally more secure than the private sector. If you think you may face ongoing risks/concerns about layoffs where yo...
by Investor2
Sat Feb 01, 2014 3:19 pm
 
Forum: Personal Finance (Not Investing)
Topic: Importance of Controlling the Endgame
Replies: 12
Views: 914

Re: What is your definition of "Financially Wealthy?"

I guess according to the average net worth we are 'technically' wealthy (about 2.5-2.8M) but our income level is NOT wealthy (neither of us works and we make from $90-105K/yr) - so when looking to relocate, we CAN'T buy an expensive house and we have to consider COL - so to me we are NOT wealthy. B...
by Investor2
Sat Feb 01, 2014 1:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: What is your definition of "Financially Wealthy?"
Replies: 110
Views: 10570

Re: Consumerism and Happiness

What things do you buy that make you happy? Maid service Internet service/computer/ipad Books and audiobooks What things would you splurge on if you had more money? I stayed at a suite in the NY Waldorf Astoria once and, to my surprise, this made me happy. Usually I don't care about hotel rooms and...
by Investor2
Wed Jul 17, 2013 9:38 pm
 
Forum: Personal Consumer Issues
Topic: Consumerism and Happiness
Replies: 83
Views: 7219

Re: Medigap or Advantage? Lots of info/Lots of questions.

We recently had to make this decision for my mother who is in NY and in her early 90's. I talked with a few top elder law attorneys in NY/NJ about another matter, but asked their opinion about health plans as well. [b]They all said that original Medicare was better and recommended switching her from...
by Investor2
Wed Jul 17, 2013 7:53 pm
 
Forum: Personal Finance (Not Investing)
Topic: Medigap or Advantage? Lots of info/Lots of questions.
Replies: 119
Views: 6587

Re: Taking it too far? Saving so aggresively I feel stretche

50% sounds high to me, unless you're making many multiples of 6 figures. I'm trying to save aggressively as I'm close to retirement, but this still only amounts to about 1/3 of gross income (including my employer's 401k match).
by Investor2
Sun Apr 14, 2013 1:32 pm
 
Forum: Investing - Help with Personal Investments
Topic: Taking it too far? Saving so aggresively I feel stretched...
Replies: 54
Views: 4775

Re: 8 days in NYC -- need hotel advice.

Check out the Guest House that's run by the Community Church of New York (http://www.ccny.org/guesthouseoffpark). It's located on 35th Street between Park and Madison (Murray Hill section of Manhattan). It might be one of the best bargains in Manhattan, and one that's in a safe neighborhood. This G...
by Investor2
Sun Apr 14, 2013 1:04 pm
 
Forum: Personal Consumer Issues
Topic: 8 days in NYC -- need hotel advice.
Replies: 27
Views: 2138

Re: Thrift Savings Plan (TSP) Quarterly Returns - March, 201

The latest gathering of my summary tables and charts may be seen at: · http://www.flickr.com/photos/ghost_of_artaud/sets/72157625479558116/ . . . . I'll probably keep posting these updates on a quarterly basis. Please feel free to forward this message to those you think might have an interest in th...
by Investor2
Sun Mar 31, 2013 2:42 pm
 
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan (TSP) Quarterly Returns - March, 2013
Replies: 13
Views: 1340

Re: NJ Estate Tax

If a former NJ resident has officially moved to another state, but continues to own real estate in NJ (say as rental property), which state's estate law applies? Will NJ estate taxes still apply to the real estate located in NJ? If the new state has an estate tax, it will tax the entire estate, exc...
by Investor2
Sun Mar 31, 2013 1:58 pm
 
Forum: Investing - Help with Personal Investments
Topic: NJ Estate Tax
Replies: 17
Views: 1116

Re: NJ Estate Tax

[H]ow do folks generally handle state estate taxes smartly ? This can be a very significant tax, and probably the reason folks flock from NJ to Floida for retirement as an example of avoiding estate tax? If a former NJ resident has officially moved to another state, but continues to own real estate...
by Investor2
Sat Mar 30, 2013 11:58 pm
 
Forum: Investing - Help with Personal Investments
Topic: NJ Estate Tax
Replies: 17
Views: 1116

Re: Federal retirement: MRA+10 questions

Is the information in this FEDweek'FERS Retirement Planning Guide more than what one would find on the OPM website? I notice that the 2013 FEDweek FERS Retirement Planning Guide costs about $14.00 I like the FEDweek guide and having a book that I can mark up, underline, tab pages, and refer back to...
by Investor2
Thu Mar 28, 2013 10:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: Federal retirement: MRA+10 questions
Replies: 12
Views: 958

Re: Federal retirement: MRA+10 questions

VF: This is the most important question. As I understand it, I could separate (stop working) now and postpone receiving the annuity until some later date. During the intervening years I could use some other insurance. At the time when I start receiving the annuity, I will also be able to re-enroll ...
by Investor2
Thu Mar 28, 2013 10:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: Federal retirement: MRA+10 questions
Replies: 12
Views: 958

Re: What is the PV of your SS benefits?

Worse still, the article underestimates the PV by a factor of THREE! 2. Second, Social Security is inflation adjusted. Inflation indexed SPIAs cost about 60% more than fixed amount ones. That make the total more like $720,000. . There is a big debate on whether inflation adjusted SPIA's are fairly ...
by Investor2
Sun Mar 24, 2013 3:51 pm
 
Forum: Investing - Theory, News & General
Topic: What is the PV of your SS benefits?
Replies: 40
Views: 1794

Re: Are Boglehead SWRs Too Conservatve?

I've been seriously thinking of using SPIAs to address this issue, especially as I have no kids. While I don't really need one (will have a pension and SS @ 70), buying an additional inflation-adjusted SPIA might help me worry less and make it easier for me to spend the money I've saved, espeially e...
by Investor2
Sun Mar 24, 2013 3:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: Are Boglehead SWRs Too Conservatve?
Replies: 62
Views: 5222

Re: Are Boglehead SWRs Too Conservatve?

I think 4% works well. I retired in 2007. I went all in to the market in 2008. Stocks proceeded to drop 50%+ (so I lost half my money). Fast forward to today - and I'm even - and that includes living. I withdrew 4% each year. So here we are with one of the worst stock market crashes happening right...
by Investor2
Sun Mar 24, 2013 2:32 pm
 
Forum: Investing - Help with Personal Investments
Topic: Are Boglehead SWRs Too Conservatve?
Replies: 62
Views: 5222

Re: Late taxes, I Bonds and justifying procrastination

I had to file late last year, and did not get the I bonds I requested, despite including the appropriate form (Form 8888). I'm not sure whether the late filing was a factor, but plan to file on time this year and try again. By the way, rather than sending in $5,000 with an extension request, you can...
by Investor2
Sun Mar 24, 2013 1:38 pm
 
Forum: Investing - Theory, News & General
Topic: Late taxes, I Bonds and justifying procrastination
Replies: 6
Views: 505

Re: Do we have enough to retire?

Rusa, yes, you have the Bogleheads' permission to retire from Biglaw at the end of this year - or tomorrow morning, if you prefer. Congratulations!
by Investor2
Fri Mar 15, 2013 8:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: Do we have enough to retire?
Replies: 106
Views: 13379

Re: Portfolio review for TSP/Fidelity combo

TSR, I've had the same questions. Regarding the I Fund, as hoppy's charts show, adding emerging markets and international small cap probably won't make that much difference over the long run as they would only be a very small part of your total portfolio. I did add them to my Roth and taxable accoun...
by Investor2
Fri Mar 15, 2013 8:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio review for TSP/Fidelity combo
Replies: 10
Views: 754

Re: TIPS and other hedges against inflation

Khh, Larry and Browser, thanks for the discussion of 5-year CD ladders. I can see how this would allow retirees to keep a few years of cash on hand, while still retaining some protection against inflation. This is another strategy I may use. This alone probably wouldn't work for me though, as I'm ho...
by Investor2
Fri Feb 08, 2013 9:05 pm
 
Forum: Investing - Theory, News & General
Topic: TIPS and other hedges against inflation
Replies: 25
Views: 3160

Re: TIPS and other hedges against inflation

Thanks for the very thoughtful responses. I didn’t realized what a central role real estate plays in hedging against inflation, or that, as docneil88 notes, real estate accounts for 42% of the consumer price index (CPI). I may already be more hedged against inflation than I realized. I have an inter...
by Investor2
Mon Feb 04, 2013 10:13 pm
 
Forum: Investing - Theory, News & General
Topic: TIPS and other hedges against inflation
Replies: 25
Views: 3160

TIPS and other hedges against inflation

I don't own any TIPS and am a novice on bond issues, but am trying to learn. I thought this article by Walter Updergrave seemed to provide a clear, simple explaination of TIPS and the role they play. http://money.cnn.com/2013/02/01/pf/expert/investing-tips-inflation.moneymag/index.html Basically, th...
by Investor2
Mon Feb 04, 2013 1:36 am
 
Forum: Investing - Theory, News & General
Topic: TIPS and other hedges against inflation
Replies: 25
Views: 3160

Re: Bonds are for safety.

What in the world does that story have to do with one possibly have a 100% stock retirement portfolio. I only speak for myself, but my retirement portfolio is not for now, not for 5 years from now, not even a decade, maybe not even 2 decades. It depends on how soon you plan to retire. I'm hoping to...
by Investor2
Mon Oct 22, 2012 10:03 pm
 
Forum: Investing - Theory, News & General
Topic: Bonds are for safety.
Replies: 47
Views: 5446

Re: Bonds are for safety.

Bogleheads: My Grandfather, Christopher Coombs, was one of the principals of the United Founders Corporation which was the dominating investment trust (now called a mutual fund company) during the Roaring Twenties. He was a multi-millionaire. We moved into his Miami mansion in 1930 after my dad's r...
by Investor2
Mon Oct 22, 2012 8:44 pm
 
Forum: Investing - Theory, News & General
Topic: Bonds are for safety.
Replies: 47
Views: 5446

Re: Bonds are for safety.

Bonds do provide important protection, especially against sudden major declines, but they're not as safe as we might like to think, especially with today's yields on government bonds offering returns below inflation. A recent Morningstar video noted: In this yield environment, bonds may be moving fr...
by Investor2
Sun Oct 21, 2012 6:21 pm
 
Forum: Investing - Theory, News & General
Topic: Bonds are for safety.
Replies: 47
Views: 5446

Re: Do you overweight emerging markets?

Don't even you feel that the last decade of emerging markets probably has just a bit of frothiness to it? No, no, no, I wouldn't act on that feeling, but doesn't the idea of a) over weighting emerging markets b) now strike you as a little questionable? . . . to answer your question on the terms it ...
by Investor2
Tue Oct 09, 2012 11:33 pm
 
Forum: Investing - Theory, News & General
Topic: Do you overweight emerging markets?
Replies: 83
Views: 6527

Re: Callan Periodic Table of Investment Returns

Seeing recent threads on more and more precise ways to model historical stock returns, and a few posts re: how dramatically to bet this or that corner of the stock market, I figured this thread was worth a bump. Yobria, thanks for the bump on this thread. The chart is great - I've never seen anythi...
by Investor2
Mon Oct 08, 2012 11:31 pm
 
Forum: Investing - Theory, News & General
Topic: Callan Periodic Table of Investment Returns
Replies: 33
Views: 5278

Re: Do you overweight emerging markets?

I overweight emerging markets, and they would be 50% of my international holdings if there weren't a cost difference. I pay 0.12% on Tax-Managed International with 100% qualified dividends, 20% on Emerging Markets Index with 60% qualified dividends, 0.28% on FTSE All-World Ex-US Small-Cap with 60% ...
by Investor2
Mon Oct 08, 2012 10:55 pm
 
Forum: Investing - Theory, News & General
Topic: Do you overweight emerging markets?
Replies: 83
Views: 6527

Re: Do you overweight emerging markets?

Thanks to everyone for the great discussion. After reading these posts and the referenced articles and links, I think I'll resist temptation and stick to my original plan of getting emerging markets up to market weight (25% of international), or possibly up to 33%, but not more than that. My interna...
by Investor2
Mon Oct 08, 2012 10:21 pm
 
Forum: Investing - Theory, News & General
Topic: Do you overweight emerging markets?
Replies: 83
Views: 6527

Do you overweight emerging markets?

I’ve been buying the Vanguard Emerging Market Stock Index Fund (VEMAX) in my taxable and Roth accounts to complement the developed markets index available in my 401k. (My 401k, the federal TSP, does not have a total international fund). I was originally planning to add EM at market weight, and I’m a...
by Investor2
Mon Oct 08, 2012 6:52 pm
 
Forum: Investing - Theory, News & General
Topic: Do you overweight emerging markets?
Replies: 83
Views: 6527

Re: TSP G Fund: YTD yield 0.79%

stan1 wrote: I went 50/50 a year ago, I think what I'll do at this point is develop a model to give me an indicator based on F Fund share price that tells me when to move back to 100% G Fund without sacrificing most of the gains over the past year. Essentially calculate a "stop loss" pric...
by Investor2
Sun Sep 30, 2012 1:31 pm
 
Forum: Investing - Theory, News & General
Topic: TSP G Fund: YTD yield 0.79%
Replies: 38
Views: 5018

Re: TSP G Fund: YTD yield 0.79%

I've been wondering about this issue as well, and posted this as one of the question I'd like to see asked at the upcoming Bogleheads conference. Re: YOUR QUESTIONS FOR THE EXPERTS AT BOGLEHEADS 11 by Investor2 » Sun Sep 16, 2012 1:00 am Federal and military employees have access to the Thrift Savin...
by Investor2
Sun Sep 30, 2012 4:53 am
 
Forum: Investing - Theory, News & General
Topic: TSP G Fund: YTD yield 0.79%
Replies: 38
Views: 5018

Re: QUESTIONS FOR Q&A WITH JACK BOGLE AT BOGLEHEADS 11

Federal and military employees have access to the Thrift Savings Plan (TSP) G Fund, which has some unique characteristics. Given the current environment, how should retirees or near retirees use the G Fund when constructing their bond allocation? Should they put 100% of their bond allocation in the ...
by Investor2
Sun Sep 16, 2012 12:12 am
 
Forum: Investing - Theory, News & General
Topic: QUESTIONS FOR Q&A WITH JACK BOGLE AT BOGLEHEADS 11
Replies: 42
Views: 7989

Re: YOUR QUESTIONS FOR THE EXPERTS AT BOGLEHEADS 11

Federal and military employees have access to the Thrift Savings Plan (TSP) G Fund, which has some unique characteristics. Given the current environment, how should retirees or near retirees use the G Fund when constructing their bond allocation? Should they put 100% of their bond allocation in the ...
by Investor2
Sun Sep 16, 2012 12:00 am
 
Forum: Investing - Theory, News & General
Topic: YOUR QUESTIONS FOR THE EXPERTS AT BOGLEHEADS 11
Replies: 33
Views: 6653

Re: Air Purifier Recommendation?

My favorite totally clean as possible air purifier is the IQair, it has a big Hepa, carbon and prefilter, it's big, it's expensive, the filters cost a lot but it works. For the living room since its much bigger I use the airgyle machine, this machine moves a lot of air. You need the movement to get...
by Investor2
Sat Aug 25, 2012 6:00 pm
 
Forum: Personal Consumer Issues
Topic: Air Purifier Recommendation?
Replies: 21
Views: 1346

Re: Audiobook sources?

I love audible and have used it for years - I probably have over 100 audiobooks purchased from them and available in my Audible Library. They have a vast selection and several membership plans that let you purchase their books at a discount. The cheapest option for heavy users is the Platinum Plan, ...
by Investor2
Wed Jun 20, 2012 11:49 pm
 
Forum: Personal Consumer Issues
Topic: Audiobook sources?
Replies: 14
Views: 1113

Re: AA for 90 yr old parent with dementia

I think you will find that, in your situation, a short-term bond fund is a more practical investment for your parent because money can be withdrawn at any time and in any amount without penalty--unlike a CD. Taylor, yes, this sounds like what we need. I've looked at the Vanguard short term bond fun...
by Investor2
Thu May 31, 2012 8:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: AA for 90 yr old parent with dementia
Replies: 19
Views: 1397

Re: AA for 90 yr old parent with dementia

Thanks to everyone for all the great advice. We'll look into a Vanguard short term bond fund (and possibly FDIC insured bank CDs). * Taxes must be considered. If the stocks have large capital gains it may be better not to sell because capital gains are eliminated at death. * Regardless of the above,...
by Investor2
Wed May 30, 2012 10:29 pm
 
Forum: Investing - Help with Personal Investments
Topic: AA for 90 yr old parent with dementia
Replies: 19
Views: 1397

Re: AA for 90 yr old parent with dementia

Thanks for your input! We don't need to generate income from the 200k right now, as current income needs are fully covered. Just trying to figure out an appropriate, safe place to "park" this (relatively) large amount of funds so that they're available to help cover LTC costs likely to ari...
by Investor2
Wed May 30, 2012 7:56 pm
 
Forum: Investing - Help with Personal Investments
Topic: AA for 90 yr old parent with dementia
Replies: 19
Views: 1397

AA for 90 yr old parent with dementia

Sole surviving parent is 90 and has early stage dementia, but is otherwise still in good shape. Has annual income from SS and annuities of about 50k per year plus 5 years of LTC insurance, which combined should almost cover the cost of 24/7 care at home or in a good facility, if/when this becomes ne...
by Investor2
Wed May 30, 2012 12:18 am
 
Forum: Investing - Help with Personal Investments
Topic: AA for 90 yr old parent with dementia
Replies: 19
Views: 1397

Re: Walkable or bike-friendly cities for retirement

Great topic, I've been wondering about this as well. Many large cities have nice, walkable neighborhoods where you can get by perfectly fine without a car, including NYC, Washington DC, San Francisco and Boston/Cambridge. But this does mean living in an urban area. Sanibel Island, FL is a bikers par...
by Investor2
Sat May 26, 2012 5:38 pm
 
Forum: Personal Consumer Issues
Topic: Walkable or bike-friendly cities for retirement
Replies: 74
Views: 5312

Re: Investment advice for recent widower who is retired

She is 71 years old and in below average health due an autoimmune disease (I mention this only because it is reasonable to expect that she won't be able to live independently within the next 5-10 years) You should talk to an experienced elder law attorney in the state where your mother lives and do...
by Investor2
Sat Apr 14, 2012 10:07 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investment advice for recent widower who is retired
Replies: 12
Views: 959
Next

Return to advanced search