Search found 223 matches

Return to advanced search

Re: Engineer career change

Currently engineer at Mega Corp.
5 employers over 30 years. Some moves my decision.... some not.
I used to like the profession until Wall Street gained control in the mid 90's.
It's a tough profession.
I probably wouldn't choose it again.


burt
by burt
Sat Jul 12, 2014 7:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: Engineer career change
Replies: 55
Views: 5431

Re: Real Estate Prices By Region

Redfin is another one. I live in the Phoenix area and spent a lot time in Arizona and then the Phoenix area nailing down where I wanted to retire. +1. If your target area is supported by RedFin, I would highly recommend their site. very easy to use and updated daily. much better than zillow/trulia....
by burt
Sat Jul 12, 2014 7:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: Real Estate Prices By Region
Replies: 9
Views: 1740

Re: Recent problems with Vanguard's website?

Yesterday tried to reserve a rental car..... but website was crashing using Chrome.
Successful using Internet Explorer.

Maybe try using a different browser.

burt
by burt
Sat Jul 12, 2014 5:28 pm
 
Forum: Investing - Help with Personal Investments
Topic: Recent problems with Vanguard's website?
Replies: 21
Views: 1507

Re: Are hybrid cars a good idea yet?

I wish gasoline was priced at the true price without subsidies, direct and indirect.
$7/gallon would benefit the country, if not the world.

burt
by burt
Sun Jun 15, 2014 7:34 pm
 
Forum: Personal Finance (Not Investing)
Topic: Are hybrid cars a good idea yet?
Replies: 105
Views: 8099

Re: Poll: Luxury and Happiness

cheese_breath wrote: Now my primary luxury is Nabisco pinwheel cookies.


I like that. Very good.

I guess my pleasures might be homemade bread and quality shoes. Not stylish shoes, comfortable shoes.
OK, Good Bourbon.

burt
by burt
Sat Jun 07, 2014 11:22 am
 
Forum: Personal Finance (Not Investing)
Topic: Poll: Luxury and Happiness
Replies: 141
Views: 8071

Re: Worst "Large purchase" ever?

We took vacations in 2005 (Greece) and 2006 (Paris) that we really couldn't afford at the time. We were newly married back then and weren't really thinking very clearly about the consequences of spending so casually. At least we got to see some interesting places, have some memorable experiences, a...
by burt
Mon May 26, 2014 7:49 pm
 
Forum: Personal Consumer Issues
Topic: Worst "Large purchase" ever?
Replies: 110
Views: 11614

Re: Worst "Large purchase" ever?

Perhaps luckily, the engine blew at 18k miles and I bought a used car that I didn't idolize and since then cars are just transportation. "since then cars are just transportation". I'm with you 100%. Since moving to the big city, I've realized that driving is a damn dangerous activity and ...
by burt
Sat May 24, 2014 8:18 pm
 
Forum: Personal Consumer Issues
Topic: Worst "Large purchase" ever?
Replies: 110
Views: 11614

Re: How do you make your money?

Engineer Mega Corp.

I'm really valuable when they need me....not so much when they don't.

burt
by burt
Sat May 24, 2014 7:43 pm
 
Forum: Personal Finance (Not Investing)
Topic: How do you make your money?
Replies: 97
Views: 12741

Re: Roll Call for the Retirement Class of 2014!

BoulderTrojan wrote:My last day of work was April 10, 2014. Age 53. My goal since age 18 has been to retire.


I like that. Not many will admit it.

burt
by burt
Sat May 24, 2014 7:14 pm
 
Forum: Personal Finance (Not Investing)
Topic: Roll Call for the Retirement Class of 2014!
Replies: 154
Views: 13564

Re: Roll Call for the Retirement Class of 2014!

Congratulations to the Class of 2014 !

You guys/gals are the cool seniors....I'm a Junior looking at you as a role model.
Graduation in 2015.

burt
by burt
Fri May 23, 2014 8:14 pm
 
Forum: Personal Finance (Not Investing)
Topic: Roll Call for the Retirement Class of 2014!
Replies: 154
Views: 13564

Re: Social Security at 62? Let’s Run the Numbers

I don't spend any time thinking about what I could have had if I had waited to take Social Security at a later age. I do know that I have received about 20k in payments since I turned 62 and have enjoyed spending every penny of it...No regrets whatsoever,the plan is working :happy You got it. Congr...
by burt
Sat May 17, 2014 9:24 pm
 
Forum: Investing - Theory, News & General
Topic: Social Security at 62? Let’s Run the Numbers
Replies: 101
Views: 7390

Re: Social Security at 62? Let’s Run the Numbers

Johm221122 wrote:
burt wrote:Everyone has different circumstances ...but for me....

Time is more valuable than money. Taking SS at 62.

burt

What does time have to do with it, you don't have to take SS to retire :?:
John


Yes, if you have sufficient assets, you could just skip SS.

burt
by burt
Sat May 17, 2014 8:43 pm
 
Forum: Investing - Theory, News & General
Topic: Social Security at 62? Let’s Run the Numbers
Replies: 101
Views: 7390

Re: An easy way to save money: Avoid the $300,000 car.

If you truly love driving a nice car, get one... I value 3-5 years of not having to work more.[/quote]

"I value 3-5 years of not having to work more."

You got it.

burt
by burt
Sat May 17, 2014 8:23 pm
 
Forum: Personal Finance (Not Investing)
Topic: An easy way to save money: Avoid the $300,000 car.
Replies: 152
Views: 17189

Re: Social Security at 62? Let’s Run the Numbers

Everyone has different circumstances ...but for me....

Time is more valuable than money. Taking SS at 62.

burt
by burt
Sat May 17, 2014 7:51 pm
 
Forum: Investing - Theory, News & General
Topic: Social Security at 62? Let’s Run the Numbers
Replies: 101
Views: 7390

Re: Behavioral Impacts of the Sequence of Returns

Sequence of Returns……Ohh Damn, now I have something else to worry about. I like these Monte Carlo Simulations… I run out of money at 85 or I die with $2 million at age 90. Feels like the lottery. (and half the population doesn’t know the difference between a stock and a bond...assuming they have any...
by burt
Sat May 10, 2014 7:24 pm
 
Forum: Investing - Theory, News & General
Topic: Behavioral Impacts of the Sequence of Returns
Replies: 53
Views: 2445

Re: A Short Survey for Retirees

I had a stressful job with lots of projects, deadlines, and scrutiny by management when problems ensued. I always joked that I delegated stress but that was clearly not true. What I did not realize is how that affected me outside of work. I retired 3 years ago and I am now much more relaxed and it ...
by burt
Fri May 09, 2014 7:40 pm
 
Forum: Personal Consumer Issues
Topic: A Short Survey for Retirees
Replies: 73
Views: 5313

Re: Why am i stressed after being laid off? (3yr expenses sa

Yes, I think it is normal to be stressed after a layoff. Fear of the future. Fear of the unknown. I've been there. Laid off twice within 5 years. I remember losing my youthful optimism during those times. It never really came back. Remember, you can't prevent the attack....only your response to it. ...
by burt
Sat May 03, 2014 10:52 am
 
Forum: Personal Finance (Not Investing)
Topic: Why am i stressed after being laid off? (3yr expenses saved)
Replies: 15
Views: 2556

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

What a great thread. To the OP: My situation is very close to yours. My plans are similar to yours. To Bill Bernstein: Thank-you, for sharing your knowledge. Your statement “When you’ve won the game, why keep playing ?” is incorporated into my investment plan (verbatim). I’ve read the statement “nee...
by burt
Sat Mar 15, 2014 7:38 pm
 
Forum: Investing - Theory, News & General
Topic: William Bernstein-When you've won the game, why keep playing
Replies: 264
Views: 32665

Re: Age in Bonds - Who Follows a Different Strategy?

Yes, I guess I follow this formula. 40/60 stocks/bonds... but I am apprehensive. Basic living needs.... need to be secure. You can gamble a bit with trust funds for Grandchildren. In my opinion Age in Bonds works best for those with assets beyond basic living needs. burt For those that need a remind...
by burt
Sat Jan 25, 2014 8:49 pm
 
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Who Follows a Different Strategy?
Replies: 132
Views: 6968

Re: High Earners - What's Your Profession?

Software in the Midwest. The definition of "high earner" is debatable, of course. Yes, if you make over $100k, you are in the top ~6% of individual income, so in that sense you would be a high earner compared to the 94% that make less than you. Looked at from that vantage point, of course...
by burt
Sun Jan 12, 2014 11:41 am
 
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 357
Views: 28307

Re: Top 12.5% with $712,000 net worth

MichaelM24 wrote:Wow does that guy live in a bubble?

When you think being in the top 12.5% of the richest country ever is "modestly well off" you may be out of touch.


Think statistics. Mean vs Average.

burt
by burt
Sat Jan 11, 2014 8:15 pm
 
Forum: Personal Finance (Not Investing)
Topic: Top 12.5% with $712,000 net worth
Replies: 34
Views: 5508

Top 12.5% with $712,000 net worth

Interesting Scott Burns article. Hope the link works below. http://assetbuilder.com/scott_burns/another_kind_of_investing You reach a maximum net worth between the ages of 60-69. You are in the top 12.5% with a net worth of $712,000 - Including your home. Even with Social Security (and maybe a pensi...
by burt
Sat Jan 11, 2014 6:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: Top 12.5% with $712,000 net worth
Replies: 34
Views: 5508

Re: The Winter Blahs

The short days are what bother me about winter, so I track the sunrise/sunset times closely. We are now at the point of the year where the sunset is getting later everyday and the sunrise is getting earlier. We are over the hump. That makes me feel better. Even though there is still a lot of cold w...
by burt
Sat Jan 11, 2014 5:56 pm
 
Forum: Personal Consumer Issues
Topic: The Winter Blahs
Replies: 48
Views: 3375

Re: Tired [of Corporate Life]

My two cents. 55 years old, making $400K per year. Not getting into numbers but it appears you are close to “Winning the Game”. Very close to maintaining your current lifestyle for the next 30 + years. Congratulations. You've fought battles over the years and have survived. In my experience, people ...
by burt
Tue Dec 31, 2013 9:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: Tired [of Corporate Life]
Replies: 57
Views: 6652

Re: How to fight work place bullying

Dear OP,
I am sorry for your situation. I have been in those shoes more than once in by 30+ year career.

1900’s Coal Mines:
“If the donkey dies, I have to buy another one. If you die, I just get another one.”

burt
by burt
Mon Dec 23, 2013 8:54 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to fight work place bullying
Replies: 76
Views: 4934

Re: What percentage of your income are you saving?

Wow, big numbers.
The Bogleheads are indeed not the average (or mean) of the population. Not even close.

Reminds me of the Bill Bernstein story.
Coconuts on an island. "matters not how much you save, but how much more you save than others".

burt
by burt
Sat Dec 14, 2013 8:29 pm
 
Forum: Investing - Help with Personal Investments
Topic: What percentage of your income are you saving?
Replies: 208
Views: 12372

Re: Success Stories of Bogleheads

I feel very fortunate (lucky) to have stumbled onto the Bogleheads and the recommended reading list. When you are talking about investing 40 years of savings..... This is a Big Deal. When you are talking about living 30 years on savings........This is a Big Deal. For people of modest means it is eve...
by burt
Sat Nov 23, 2013 9:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: Success Stories of Bogleheads
Replies: 62
Views: 6418

Re: Retiring at 50

praxis wrote: I do some things for others, which is key for me, and do some things for me.
"


Sometimes I wonder what to do in retirement. I would like to help others, as yourself.
Thank-you.

burt
by burt
Fri Nov 22, 2013 9:23 pm
 
Forum: Personal Consumer Issues
Topic: Retiring at 50
Replies: 67
Views: 8742

Re: Retiring at 50

solonseneca wrote:Without a doubt, at times I miss the people, activity and adrenaline of my former job. But I don't miss the stress. Life is good.


I hope to feel the same in a couple of years.

burt
by burt
Thu Nov 21, 2013 9:53 pm
 
Forum: Personal Consumer Issues
Topic: Retiring at 50
Replies: 67
Views: 8742

Re: Moving out of Thrivent

From looking at the website, Thrivent seems to believe they have found a niche market. They promote themselves to Lutherans. I am unaware that there is anything unusual about the investment habits of Lutherans. Seriously, this company is one to flee. I agree. Flee. Got my Mother out of Thrivent 20 ...
by burt
Sat Nov 09, 2013 9:48 pm
 
Forum: Investing - Help with Personal Investments
Topic: Moving out of Thrivent
Replies: 29
Views: 2114

Re: Poll: How conservative/aggressive is your AA for your ag

Age 58. 40% Stocks, 60% bonds/cash.
I guess I might be considered "conservative"......but I'm nervous.
No around the world vacations and trusts for children and grand-children.
Just trying to keep a roof over our head, and put food on the table for 30 years in retirement.

burt
by burt
Sun Nov 03, 2013 9:03 pm
 
Forum: Investing - Theory, News & General
Topic: Poll: How conservative/aggressive is your AA for your age?
Replies: 106
Views: 6272

Re: How Do Bogleheads Diversify Fixed Income?

I'm a couple years from retirement. 40/60 (stocks/bonds). 50% of fixed income is Vanguard Total Bond. 50% of fixed income is Vanguard TIPS. I don't know......... "if you've won the game why keep playing ?" burt Can you please clarify how you "have won the game"? BTW, 85% of your...
by burt
Mon Oct 14, 2013 7:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: How Do Bogleheads Diversify Fixed Income?
Replies: 48
Views: 5186

Re: How Do Bogleheads Diversify Fixed Income?

I'm a couple years from retirement. 40/60 (stocks/bonds).
50% of fixed income is Vanguard Total Bond. 50% of fixed income is Vanguard TIPS.

I don't know......... "if you've won the game why keep playing ?"

burt
by burt
Sat Oct 12, 2013 7:55 pm
 
Forum: Investing - Help with Personal Investments
Topic: How Do Bogleheads Diversify Fixed Income?
Replies: 48
Views: 5186

Re: 401(k) giant Fidelity sued over its own plan

Remarkable.

I guess it's just maximizing shareholder value. Wait a minute...this is a privately owned company.
It's the employees fault for not finding a better job.

burt
by burt
Sat Sep 14, 2013 8:30 pm
 
Forum: Investing - Theory, News & General
Topic: 401(k) giant Fidelity sued over its own plan
Replies: 34
Views: 4020

Re: The Incredible Importance of Social Security

Good article. Some comments: - For most people Soc. Security is a big deal. For many it's a matter of "sustenance and survival". - Soc. Security is too big to fail. A huge impact on the national economy. - When young people causally say that they don't expect to receive Soc. Security.... t...
by burt
Sun Sep 08, 2013 10:51 am
 
Forum: Investing - Theory, News & General
Topic: The Incredible Importance of Social Security
Replies: 97
Views: 10073

Re: strongly tapered retirement sending

Dad lives off company pension with a cola and SS, continuing to do so for the last 23+ years. House long paid for and real estate taxes lowered for the elderly helped. He never saved much. Pensions are great if you can get them. Sounds like a case for living off income only. Most think. going forwa...
by burt
Sun Sep 01, 2013 7:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: strongly tapered retirement sending
Replies: 22
Views: 2532

Re: Why are you trying to save so much money?

Why am I trying to save so much money ?

Because I've spent the past 36 years making other people rich, and wish to do so no longer.

burt
by burt
Sat Aug 17, 2013 7:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: Why are you trying to save so much money?
Replies: 131
Views: 23067

Re: Are you Walking in your Father's footsteps?

Interesting because I was thinking about this recently. I have much more formal education than my parents or grandparents. Make much more money indexed for inflation and have much higher net worth. I was recently thinking about my family and neighbors growing up. None of the parents were profession...
by burt
Sun Jul 07, 2013 8:10 pm
 
Forum: Personal Finance (Not Investing)
Topic: Are you Walking in your Father's footsteps?
Replies: 83
Views: 8595

Re: What are you seeing in your Local Housing Market?

Remarkable. 2 + 2 does not equal 4. Those are some big numbers. Median home prices v.s. Median Income.

Sometimes I forget...this forum does not represent main stream America.

burt
by burt
Sun Jul 07, 2013 5:47 pm
 
Forum: Personal Consumer Issues
Topic: What are you seeing in your Local Housing Market?
Replies: 82
Views: 5915

Re: Mid Life Crisis help!

To OP,

Don't feel bad, you are not alone.

Not sure of the remedy: maybe get politically involved or .... save like a son of a gun and get the hell out asap.

"Hang in there, we're all in this together" - Red Green

burt
by burt
Sun Jul 07, 2013 5:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: Mid Life Crisis help!
Replies: 28
Views: 6019

Re: Do I really need a Smartphone?

Regarding Smart Phones in the work place. Ok I'm older, but when I see someone locked into their smart phone in the elevator, hallway, parking garage, break area, lobby,.... I'm not thinking good things. I'm hoping for an acknowledgement. Something like "hello", "good morning",&q...
by burt
Thu Jul 04, 2013 7:30 pm
 
Forum: Personal Consumer Issues
Topic: Do I really need a Smartphone?
Replies: 433
Views: 26858

Re: What do you wish you had learned sooner?

First 4 years working. Didn't save a dime. Spent every penny. Missed 36 years of compounding. First 4 years working. Put Christmas on a credit card. Had it paid off, just in time for the next Christmas. Rinse and Repeat. Car payments suck. Didn't realize the joy of no car payments till much later. b...
by burt
Sun Jun 30, 2013 9:48 am
 
Forum: Investing - Theory, News & General
Topic: What do you wish you had learned sooner?
Replies: 104
Views: 12658

Re: Your Home is Not a Good Investment

Currently I'm trying to convince my landlord that his rental investment is better than a 3 year CD paying 1.3 %. Not sure if he is going to buy into that idea. Serious foundation, related plumbing, and old AC unit may be causing him consternation. Can't say I blame him. Ooooh the poor people who buy...
by burt
Sun May 26, 2013 8:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: Your Home is Not a Good Investment
Replies: 145
Views: 11928

Re: How much money do you need to retire at 40?

Having spent most of my life making others (and their legacy) rich....Your goal is admirable.
All you need to do is make a lot and save a lot. Good luck.

burt
by burt
Sat May 11, 2013 8:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: How much money do you need to retire at 40?
Replies: 90
Views: 13722

Re: Are you Walking in your Father's footsteps?

I’m a Boomer. All things considered (kids, Mom stayed home, no degree) Dad did better.
Us children had stability and security..…something which I miss now.

burt
by burt
Fri Mar 29, 2013 7:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: Are you Walking in your Father's footsteps?
Replies: 83
Views: 8595

Re: Money Mag Article

I like this quote from Mr. Bernstein: "It's hard to cut back on risk and accept lower returns when your neighbors are getting rich." burt Show me your balance sheet, then we'll see if you truly are rich or is it just a mirage. In other words, show me the money. :moneybag ?? Not sure your ...
by burt
Fri Mar 15, 2013 7:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: Money Mag Article
Replies: 74
Views: 13805

Re: What % of gross income do you spend on rent/mortgage?

Rent is 16% of gross.

burt
by burt
Fri Mar 15, 2013 9:36 am
 
Forum: Personal Consumer Issues
Topic: What % of gross income do you spend on rent/mortgage?
Replies: 132
Views: 6863

Re: Money Mag Article

I like this quote from Mr. Bernstein:

"It's hard to cut back on risk and accept lower returns when your neighbors are getting rich."



burt
by burt
Fri Mar 15, 2013 9:11 am
 
Forum: Investing - Help with Personal Investments
Topic: Money Mag Article
Replies: 74
Views: 13805

Re: What's your number? Why?

60.

I had enough. Close to having enough.

burt
by burt
Mon Mar 11, 2013 5:44 am
 
Forum: Investing - Theory, News & General
Topic: What's your number? Why?
Replies: 258
Views: 22345

Re: What's your usual retirement day like ?

PaulW wrote:
find it hard to imagine the rigors of a full time job.

Paul


Ohhhhh I can imagine it. In fact I'm living it.........but not for long.
Monday is so bad, it even screws up Sunday.

burt
by burt
Sat Feb 09, 2013 10:21 am
 
Forum: Personal Consumer Issues
Topic: What's your usual retirement day like ?
Replies: 184
Views: 35421
Next

Return to advanced search