Search found 217 matches

by bb
Fri Mar 06, 2015 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 7730

Re: Does My Daughter Need A Prenup?

I am sure someone with way more knowledge than me will post
but I think answer depends on state you live in with regards to
how property is divided. Believe in some states trust can
be used to segregate property.
by bb
Wed Mar 04, 2015 10:13 pm
Forum: Personal Consumer Issues
Topic: Honda fit vs VW GTI
Replies: 54
Views: 4974

Re: Honda fit vs VW GTI

I absolutely loved the GTI.

I bought a camry.
by bb
Sat Feb 21, 2015 12:51 pm
Forum: Forum Issues and Administration
Topic: question on doing forum search
Replies: 2
Views: 542

Re: question on doing forum search

I guess :

search term site:bogleheads.org

Does work. Any idea why the difference?
by bb
Sat Feb 21, 2015 12:49 pm
Forum: Forum Issues and Administration
Topic: question on doing forum search
Replies: 2
Views: 542

question on doing forum search

So I used to go to google and do a search:

search term site:www.diehards.org

And now when I do that I get a message about connection being untrusted
(I use firefox).

Any idea why?

Yes I know I can do a search from the forum but old habit from google
by bb
Sun Jan 11, 2015 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire early? 38 y/o
Replies: 89
Views: 11990

Re: Can I retire early? 38 y/o

OP should look at 2% SWR *or less*. 60 years is a very long time to live off a lump sum of capital. Remembering OP won't even get full Social Security? Victoria If the road you are going down is to follow the path of a perpetual portfolio why not just say that? What's the difference between the mon...
by bb
Sat Jan 10, 2015 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire early? 38 y/o
Replies: 89
Views: 11990

Re: Can I retire early? 38 y/o

Seems like the potential responses are going to depend on a couple of basic assumptions: - to what extent is spending flexible - is it ok to spend down principle Is a 50 year retirement automatically in the perpetual portfolio category where as a 30 year retirement is not? There is uncertainty in re...
by bb
Thu Jan 01, 2015 9:59 pm
Forum: Personal Consumer Issues
Topic: Test drive new vehicle without sales pressure?
Replies: 60
Views: 5461

Re: Test drive new vehicle without sales pressure?

Things seem very different in my area. Could test drive any car and
did so for multiple cars / multiple times per car. Test drove cars
at most of the major brands - never had any issues. Also never
wanted sales person along for test drive - that was generally
not an issue either.
by bb
Sat Dec 20, 2014 4:07 pm
Forum: Personal Consumer Issues
Topic: WHY is retirement enjoyable / something to look forward to?
Replies: 237
Views: 21595

Re: WHY is retirement enjoyable / something to look forward

I think it is relevant to ask what % of people would continue to work / stay in their
current job if they were financially independent. My guess the percentage would
not be very high.
by bb
Tue Dec 02, 2014 10:41 pm
Forum: Personal Consumer Issues
Topic: Which degree makes more sense for a late starter
Replies: 54
Views: 4315

Re: Which degree makes more sense for a late starter

I am suprised no one mentioned sales. Presumably could lead to higher salary with no
additional credentials required.
by bb
Sat Nov 29, 2014 10:30 am
Forum: Personal Finance (Not Investing)
Topic: early retirement - financial flexibility
Replies: 8
Views: 2271

Re: early retirement - financial flexibility

any other thoughts from people with similar concerns?
by bb
Sat Nov 29, 2014 10:30 am
Forum: Investing - Help with Personal Investments
Topic: "In-Plan" Roth 401(k) conversion complex tax question
Replies: 14
Views: 1645

Re: "In-Plan" Roth 401(k) conversion complex tax question

Realize thread is old by my questions relate to info in thread - seemed like it made sense to continue the conversation. Should have said: (Q2) So if you convert deductible traditional ira to roth ira that money would be considered taxable conversion money and if you converted after tax traditional ...
by bb
Sat Nov 29, 2014 9:30 am
Forum: Investing - Help with Personal Investments
Topic: After Tax 401k contribution rollover to Roth 401k?
Replies: 32
Views: 2070

Re: After Tax 401k contribution rollover to Roth 401k?

I was under the impression that you could roll-over after tax money to a roth ira
and the earnings to a traditional ira:

http://www.forbes.com/sites/ashleaebeling/2014/09/19/irs-issues-401k-after-tax-rollover-rules/
by bb
Sat Nov 29, 2014 7:43 am
Forum: Investing - Help with Personal Investments
Topic: "In-Plan" Roth 401(k) conversion complex tax question
Replies: 14
Views: 1645

Re: "In-Plan" Roth 401(k) conversion complex tax question

Just want to make sure I understand this: (Q1) Taxable roth ira conversions are any money that when converted was taxable? (Q2) So if you convert traditional ira to roth ira that money would be considered taxable conversion money and if you converted after tax traditional ira/ after tax 401k / roth ...
by bb
Fri Nov 28, 2014 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: early retirement - financial flexibility
Replies: 8
Views: 2271

Re: financial flexibility - early retirement

My understanding is roth ira conversions require a 5 year holding period. For the case of forced early retirement seems like the 5 year holding period to avoid penalties would be fairly inflexible. So I guess I am asking the original question for both the case of voluntary and involuntary early reti...
by bb
Fri Nov 28, 2014 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: early retirement - financial flexibility
Replies: 8
Views: 2271

early retirement - financial flexibility

I contribute to employer 401k. Have the option of roth 401k and after tax contributions to 401k. I have a concern about financial flexibility in the event of voluntary/forced early retirement where access to retirement accounts is restrictive before age 55 for company plan and 59 1/2 for non-company...
by bb
Tue Aug 26, 2014 9:59 pm
Forum: Personal Consumer Issues
Topic: Any experience with LifeSpan TR800 DT5 Treadmill Desk?
Replies: 12
Views: 1121

Re: Any experience with LifeSpan TR800 DT5 Treadmill Desk?

I am waiting for them to come out and say gravity is the real problem - must hang
upside down to counteract the affects.
by bb
Sun Aug 10, 2014 9:00 am
Forum: Personal Finance (Not Investing)
Topic: That sudden moment when Money is not a Problem
Replies: 33
Views: 7131

Re: That sudden moment when Money is not a Problem

It would be interesting to know the percentage of bogleheads that have
high savings rates simply because they don't want a lot of stuff. In those
cases the struggle between saving/spending presumably is less.
by bb
Fri Jul 25, 2014 7:31 am
Forum: Personal Consumer Issues
Topic: Buying a car- 2011 Lexus IS 250 9k miles
Replies: 27
Views: 2367

Re: Buying a car- 2011 Lexus IS 250 9k miles

Think you could get a base camry for around 20k. You could get a loaded
camry w/6 cyl for same price as lexus and you would get a 3 year
warranty. Would not buy lexus because I can get it for 27k -
would buy lexus if I really wanted a lexus - you didn't state
that
by bb
Sat Jul 19, 2014 10:17 am
Forum: Personal Consumer Issues
Topic: The ultimate Boglehead exercise
Replies: 30
Views: 4119

Re: The ultimate Boglehead exercise

squash - 1 hr and you are exhausted
by bb
Sun Jul 06, 2014 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Easy careers to last me to retirement?
Replies: 141
Views: 17689

Re: Easy careers to last me to retirement?

I never got the impression there were a lot of drifters on this board.
by bb
Mon Jun 02, 2014 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: SEP IRA for Real Estate LLC
Replies: 9
Views: 568

Re: SEP IRA for Real Estate LLC

I was under the impression that it is very desirable to put real estate in an LLC
to limit personal liability.

Are you saying that it is not? Are you arguing that direct ownership is preferable?
What about lawsuits?
by bb
Mon May 19, 2014 7:56 pm
Forum: Investing - Theory, News & General
Topic: Private NNN RIET
Replies: 21
Views: 1322

Re: Private NNN RIET

How confident are you that the credit worthiness of the tenants would equate to an aggregate bond rating
of BB. Quick look at the fund info says tenants are credit worthy but not credit rated.
by bb
Mon May 19, 2014 8:25 am
Forum: Investing - Theory, News & General
Topic: Private NNN RIET
Replies: 21
Views: 1322

Re: Private NNN RIET

Curious what you think of this author's prospective on private REITs:

http://www.marketwatch.com/story/non-traded-reit-is-a-non-starter-2011-11-04

Certianly seems to make some valid points.
by bb
Sun May 18, 2014 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: car rebate - based on who's zip code?
Replies: 6
Views: 680

Re: car rebate - based on who's zip code?

None of these dealers are metro dealers. Simply going to toyota.com,
clicking on local specials, putting in 2 different zip codes and getting
2 different rebates. Both areas are smaller towns.
by bb
Sun May 18, 2014 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: car rebate - based on who's zip code?
Replies: 6
Views: 680

car rebate - based on who's zip code?

Was told by one dealer manufacturers rebate is based on the zip code
of the buyers address and was told by another it is based on zip code
of dealer.

Which is it?

Just over border from me rebate is more than the rebate for my dealer/home
address zip code.
by bb
Sun May 18, 2014 1:12 pm
Forum: Investing - Theory, News & General
Topic: What If You Don't Have Financial Goals or Known Liabilities?
Replies: 17
Views: 1116

Re: What If You Don't Have Financial Goals or Known Liabilit

Seems not having a goal is less of an issue if you are naturally a saver.
Then mentally take whatever risk you are comfortable with. If
the goal isn't really going to change anything then what difference
does it make.
by bb
Thu Apr 24, 2014 6:53 am
Forum: Investing - Theory, News & General
Topic: Early retirement with only a 401k
Replies: 6
Views: 1213

Re: Early retirement with only a 401k

IRS rule 72(t) - series of substantially equal payments

Not sure how many people are actually doing this in practice - don't see it discussed much.
by bb
Tue Apr 22, 2014 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about retiring early - tell me what I've missed
Replies: 42
Views: 6171

Re: Thinking about retiring early - tell me what I've missed

Is the $600k windfall from the sale of the house? If you are already at 2.1M why sale of house only leave you with $2.0M liquid? Assume by liquid you mean taxable account? Does this imply you have a tax deferred account? I don't think it is clear what your presumed withdrawal rate is factoring in ta...
by bb
Fri Apr 04, 2014 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Liability Matching Portfoloio
Replies: 36
Views: 3933

Re: Liability Matching Portfoloio

Bill, Would be interested in your thoughts on three fund portfolio at say a 2 to 2.5% withdrawal rate. Sounds as if you still feel there is a qualitative difference between LMP vs traditional balanced portfolio approach. Assume you mentioned 1% withdrawal as acceptable because you have such a high c...
by bb
Sun Mar 30, 2014 9:10 pm
Forum: Investing - Theory, News & General
Topic: Really confused by Bernstein
Replies: 168
Views: 14959

Re: Really confused by Bernstein

The Retirement Calculator from Hell, Part III:

http://www.efficientfrontier.com/ef/901/hell3.htm

Thus, any estimate of long-term financial success greater than about 80% is meaningless.
by bb
Sun Mar 30, 2014 11:01 am
Forum: Investing - Theory, News & General
Topic: Really confused by Bernstein
Replies: 168
Views: 14959

Re: Really confused by Bernstein

This whole thread is predicated on a strict definition of need and how to guarantee that. I am curious for the folks on this board the comparison to absolute need in retirement vs the amount folks would like to spend in retirement (want) and how much flexibility (%) can be reduced if necessary. Beli...
by bb
Sat Mar 29, 2014 9:22 am
Forum: Investing - Theory, News & General
Topic: Really confused by Bernstein
Replies: 168
Views: 14959

Re: Really confused by Bernstein

t is astonishing to read things posted - that readers may take as factual - without a single reference. you should save 20 to 25 times your residual living expenses http://money.cnn.com/2012/09/04/retirement/investing-mistakes.moneymag/ Warren Buffett, as so often has, put it best when referring to...
by bb
Fri Mar 28, 2014 7:42 pm
Forum: Investing - Theory, News & General
Topic: Really confused by Bernstein
Replies: 168
Views: 14959

Re: Really confused by Bernstein

I don't necessarily think that what Bernstein said about having 100% in fixed income for those with $1 million contradicts the total AA approach. His example was for someone who needed a 50K (5% of their assets) a year. I would not be comfortable using the AA approach at that withdrawal rate. A 4 o...
by bb
Thu Mar 27, 2014 9:55 pm
Forum: Investing - Theory, News & General
Topic: William Bernstein-When you've won the game, why keep playing
Replies: 280
Views: 40889

Re: William Bernstein-When you've won the game, why keep pla

So let's you you have 1M portfolio. You need 20k/year. Bernstein's
advice was to put 1/2 in safe investments (LMP) and take risk with
the other 1/2 if you so choose.

In this scenario why is it so much better than just going with a stock/bond
portfolio.
by bb
Thu Mar 27, 2014 9:36 pm
Forum: Investing - Theory, News & General
Topic: Really confused by Bernstein
Replies: 168
Views: 14959

Re: Really confused by Bernstein

I wonder if people are talking past each other in this thread. Bernstein attempts to define a SWR and a plan to accomplish it. His definition is money you absolutely need - black and white. What has generally been discussed on this forum is SWR as a planning tool - not gospel - and having flexibilit...
by bb
Thu Mar 27, 2014 9:27 pm
Forum: Investing - Theory, News & General
Topic: Really confused by Bernstein
Replies: 168
Views: 14959

Re: Really confused by Bernstein

This seems like an argument between optimizing for one variable (lowest risk of running out of retirement assets) vs optimizing among several variables (balance between higher standard of living, working fewer years, etc). Berstein's views are 100% contradictory to what has mostly been discussed on ...
by bb
Thu Mar 27, 2014 10:06 am
Forum: Investing - Theory, News & General
Topic: Really confused by Bernstein
Replies: 168
Views: 14959

Re: Really confused by Bernstein

Agree with sentiment of OP. For quite a while rule of thumb of SWR has been discussed with implicit assumption that fixed portion of portfolio allows one to weather the risk of equities. Now discussion comes along and says if you only have 25 times needed expenses then none of that can be at risk. R...
by bb
Sat Mar 22, 2014 6:23 am
Forum: Personal Finance (Not Investing)
Topic: Cars: Lease vs. buy. (Similar to houses? rent vs. buy?)
Replies: 47
Views: 4363

Re: Cars: Lease vs. buy. (Similar to houses? rent vs. buy?)

A dealer relative of mine said why would you ever own a depreciating asset?


I love that line. If I lease instead of buying I wonder who pays for that depreciation...
maybe Santa Claus?
by bb
Sun Mar 09, 2014 8:36 pm
Forum: Investing - Theory, News & General
Topic: SWR w/current projected stock/bond returns
Replies: 19
Views: 1229

Re: SWR w/current projected stock/bond returns

Part of the reason I ask about the SWR taking into consideration low projected returns of the market because I have heard it state so many times that the current dividend yield is much lower than the historical average. Maybe I have been incorrectly assuming that the majority of the previous stock m...
by bb
Sun Mar 09, 2014 4:08 pm
Forum: Investing - Theory, News & General
Topic: SWR w/current projected stock/bond returns
Replies: 19
Views: 1229

SWR w/current projected stock/bond returns

So if the expected real return on stocks is gong to be in the neighborhood of 4% and the real return on bonds is going to be essentially 0-1% what would would be a stab at a safe withdrawal rate of a 60/40 stock/bond portfolio? Starting to wonder if all the discussions on SWR have been predicated on...
by bb
Sun Mar 09, 2014 2:39 pm
Forum: Investing - Theory, News & General
Topic: where did the dividend money go?
Replies: 8
Views: 1322

where did the dividend money go?

I have read John Bogle say numerous times the best way to predict future stock market returns is to add the dividend yield to the expected growth in earnings. Since dividends are much lower than they were historically the expected return of the market would be projected to be lower by the same amoun...
by bb
Sat Mar 08, 2014 1:08 pm
Forum: Investing - Theory, News & General
Topic: Replace less than 80% of income in retirement?
Replies: 52
Views: 3524

Re: Replace less than 80% of income in retirement?

Not sure why it is not possible to construct a "straw man" spending profile of a presumably middle class lifestyle. Seems like it would be possible to do that for today and project inflation of 2-3% per year going forward. It has to be possible to put a rough estimate for food/shelter/clot...
by bb
Sat Mar 08, 2014 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Would you retire [to a tropical island with kids]?
Replies: 121
Views: 10360

Re: Would you retire like this?

This sort of reads like I am tired of working and want to retire - but I don't have enough money
to retire. Get in line.
by bb
Tue Feb 25, 2014 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Independence: Index Investing vs. Real Estate
Replies: 9
Views: 1466

Re: Financial Independence: Index Investing vs. Real Estate

I agree that real estate a a job. But if you follow the discussions of safe withdrawal
rates the number is quite low - 4% or less. So working in a real estate job might be more
attractive than working several more years for a megacorp.
by bb
Fri Feb 14, 2014 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: average saving rate affect on ability to retire
Replies: 27
Views: 3907

Re: average saving rate affect on ability to retire

Since retired people do not produce but only consume they can only consume what is left after the productive portion of the economy takes what it needs. Essentially the goods and services allocated to the retired will be priced to clear the market. So the quality of your retirement, i.e. what your ...
by bb
Fri Feb 14, 2014 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: average saving rate affect on ability to retire
Replies: 27
Views: 3907

Re: average saving rate affect on ability to retire

I generally think of my ability to retire is determined by some
notional SWR and current account balance.

How does what age other people retire factor into this?

Where is the dependency on the average retirement age on SWR
and projected stock/bond prices or the cost of goods?

Brian
by bb
Fri Feb 14, 2014 6:38 am
Forum: Personal Finance (Not Investing)
Topic: average saving rate affect on ability to retire
Replies: 27
Views: 3907

Re: average saving rate affect on ability to retire

I guess I follow the uber simple example. But lets say we have 10 people. person #1: age 90-100 person #2: age 80-90 etc Let's say a few raise food, a few do other jobs. So it is not clear to me just becuase people start to retire at 80 in stead of 90 that the price of food has to go up. Productivit...
by bb
Thu Feb 13, 2014 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: average saving rate affect on ability to retire
Replies: 27
Views: 3907

Re: average saving rate affect on ability to retire

Reminder - please don't discuss politics, social policy, etc. Just trying to make sense of
Bernstein's assertion.

Thanks,

Brian
by bb
Thu Feb 13, 2014 8:59 am
Forum: Personal Finance (Not Investing)
Topic: average saving rate affect on ability to retire
Replies: 27
Views: 3907

average saving rate affect on ability to retire

In Bernstein's article: "Retirement Calculator from Hell, Part IV: A Nation of Wal-Mart Greeters" http://www.efficientfrontier.com/ef/103/hell4.htm It is stated: If you want to retire early, what matters is not how much you save, but how much more than everyone else you save. I was wonderi...

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