Search found 16157 matches

by dbr
Sun Jun 28, 2015 11:04 am
Forum: Personal Finance (Not Investing)
Topic: What's your net worth break down? What's ideal?
Replies: 31
Views: 4601

Re: What's your net worth break down? What's ideal?

There surely is no ideal. Perhaps some things that could be thought about would include: 1. Are you "house poor"? That however is a cash flow issue but might be a concern if the real estate one lives in dominates worth. 2. Is the 529 on schedule to meet needs? 3. Vested stock options are p...
by dbr
Sun Jun 28, 2015 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Drawing from Retirement Savings to Delay SS
Replies: 32
Views: 2838

Re: Drawing from Retirement Savings to Delay SS

PS I should add that re depletion I am just 70 now and the portfolio is substantially higher now than it was when I was 62, so there has been no depletion. Now that is not completely accurate. In the first place that data is nominal value and should be computed in real terms, but it would still be n...
by dbr
Sun Jun 28, 2015 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Should I sell muni funds or Wellington
Replies: 8
Views: 1213

Re: Should I sell muni funds or Wellington

You are temporarily shifting some assets from stocks and bonds to real estate, planning to shift back when some real estate sells to raise the funds. I suppose one thought is that real estate is risky, possibly on a par with stocks, and therefore one should shift stock assets to acquire more real es...
by dbr
Sun Jun 28, 2015 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Retiring @ 60; $1 million (portfolio)
Replies: 22
Views: 6435

Re: Retiring @ 60; $1 million (portfolio)

My two cents: " I am planning on an annual budget of $65,000 to $70,000." My sense, from playing around with simulations, is that the odds of success are exquisitely sensitive to rather small changes in long term expenses. So I'd advise keeping a close eye on portfolio performance and exp...
by dbr
Sun Jun 28, 2015 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Drawing from Retirement Savings to Delay SS
Replies: 32
Views: 2838

Re: Drawing from Retirement Savings to Delay SS

I didn't get any bites on a comment in another thread so thought it would be beneficial to start a new one on this subject. I would like to see responses from members who are planning to, or are currently delaying SS by spending down a portion of their savings to enable a delay for SS filing. Comme...
by dbr
Sun Jun 28, 2015 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 39
Views: 2624

Re: Risks of RMD Withdrawal From A Single Fund IRA

I think you are trying to combine 2 (or 3 including how to fund the tax) unrelated steps into one giant single move. First, decide if the fund in your IRA is what you want it to be? If so, leave the fund alone and just plan to sell off the RMD at whatever time you choose. Next, decide either to wit...
by dbr
Sun Jun 28, 2015 9:15 am
Forum: Investing - Help with Personal Investments
Topic: are these legit Vanguard reviews?
Replies: 38
Views: 4230

Re: are these legit Vanguard reviews?

Based on my nearly 24-year experience with VG, those reviews are anomalies or fakes. I think all of the standard set of brokerage firms are successful enough with their customers that any set of complaints can be classified as anomalies and need not be assumed to be fakes. That is especially true i...
by dbr
Sun Jun 28, 2015 8:53 am
Forum: Personal Consumer Issues
Topic: Travel to Greece
Replies: 53
Views: 3714

Re: Travel to Greece

Middle/end of summer, especially August, is not a good time to visit Greece no matter what the circumstances. September would be better or even a little into October. It is true that traditionally things begin to shut down around the end of September. We were in a little restaurant in the Peloponnes...
by dbr
Sun Jun 28, 2015 8:45 am
Forum: Investing - Theory, News & General
Topic: "Target Date Funds Are Riskier Than You Think"
Replies: 33
Views: 4435

Re: "Target Date Funds Are Riskier Than You Think"

His point goes back to ensuring you know what you are invested in and that is it appropriate for your needs. He explains that as you get closer to retirement you need to consider bond duration and inflation protection. Target date funds might have an inappropriate selection of bonds, he argues. He ...
by dbr
Sat Jun 27, 2015 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: Big Shift in AA, close to retirement??
Replies: 15
Views: 1356

Re: Big Shift in AA, close to retirement??

Thanks for your comments. I have not considered the impact of death (although DH does have considerable life and disability insurance, I do not(so in theory, he could be negatively impacted). However, he would inherit all of my retirement funds, so not sure this is a significant issue. Divorce (hop...
by dbr
Sat Jun 27, 2015 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: Big Shift in AA, close to retirement??
Replies: 15
Views: 1356

Re: Big Shift in AA, close to retirement??

For you it is completely unnecessary to worry about spending too much unless you are making large errors in how much you estimate you need to spend. I would spend more time investigating whether that is possible over spending time on asset allocation issues. One assumes that you have significant inc...
by dbr
Sat Jun 27, 2015 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Fee Only Planner vs. Betterment
Replies: 13
Views: 1503

Re: Fee Only Planner vs. Betterment

The OP desires the services of rebalancing and tax preparation. By tax preparation do you mean a CPA who prepares and files your personal income tax and would represent you in a tax dispute? I doubt that service is available from Betterment or from Vanguard PAS, so this issue should be disentangled ...
by dbr
Sat Jun 27, 2015 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Assuming Retirement Withdrawal from Portfolio Value
Replies: 14
Views: 1690

Re: Assuming Retirement Withdrawal from Portfolio Value

This is always a good subject, always good inputs from our forum members. I no longer waste my time thinking about the perfect withdrawal method. Here is a link to what can be called "The Taylor Larimore's Withdrawal Method." Also check the note from mlebuf. https://www.bogleheads.org/for...
by dbr
Sat Jun 27, 2015 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: What Real Rate Needed for 30 Years
Replies: 3
Views: 708

Re: What Real Rate Needed for 30 Years

Some number are that a real rate of 3.0% gives you 5.0% WD, 2.0% withdraws 4.4%, 1.0% withdraws 3.8%, 0.0% withdraws 3.3%, -1.0% withdraws 2.9%.
by dbr
Sat Jun 27, 2015 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: SS bennies
Replies: 23
Views: 3099

Re: SS bennies

SS called me to ask why their records showed income for a number of years, then a couple of zeros, then more income. Reason was that when one exercises a management stock option the income is subject to FICA but the exercise may be a few years into retirement. I was touched by their concern for the ...
by dbr
Sat Jun 27, 2015 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Assuming Retirement Withdrawal from Portfolio Value
Replies: 14
Views: 1690

Re: Assuming Retirement Withdrawal from Portfolio Value

The other issue is that the annuity calculator that cranks out $40k per year for a $700k SPIA is NOT inflation indexed--it is a fixed $40k per year not adjusted for inflation. The 4% recommendation assumes the payout is corrected for inflation, thus maintaining purchasing power over the 30 years. I...
by dbr
Sat Jun 27, 2015 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Fixed Portion of Portfolio Going into Retirement
Replies: 4
Views: 413

Re: Fixed Portion of Portfolio Going into Retirement

50/50 and your bonds invested as described is going to be fine. Rising interest rates will provide a much needed escape from the real hazard to retirees, which is the low return currently offered by bonds. It is possible that the most needed addition to your bond portfolio is an allocation to TIPS a...
by dbr
Sat Jun 27, 2015 12:51 pm
Forum: Personal Consumer Issues
Topic: Do you buy used cars like a Boglehead actually should?
Replies: 144
Views: 13455

Re: Do you buy used cars like a Boglehead actually should?

I do agree there can be points in time where safety improvements are not to be ignored. It is possible the last ten years plus or minus a couple of years is one such. I am not so sure the next ten years will be similar.
by dbr
Sat Jun 27, 2015 12:48 pm
Forum: Investing - Theory, News & General
Topic: "Target Date Funds Are Riskier Than You Think"
Replies: 33
Views: 4435

Re: "Target Date Funds Are Riskier Than You Think"

I think the article is severely flawed in implying that there is a risk in nominal bonds similar to the risk in stocks. I don't like articles that use emotionally laden words such as "collapse" to discuss investing. However, I would not take the threat of inflation lightly even if that thr...
by dbr
Sat Jun 27, 2015 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 39
Views: 2624

Re: Risks of RMD Withdrawal From A Single Fund IRA

I appreciate all the responses, and will deliberate over them. My problem is that the RMD is used as my spending money i.e for living expenses. I have an emergency fund in after-tax funds that I hate to tap into. I need to re-think the arrangement so that I can avoid using the RMD from VTENX for sp...
by dbr
Sat Jun 27, 2015 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 39
Views: 2624

Re: Risks of RMD Withdrawal From A Single Fund IRA

The way to avoid this risk of "needing to sell in a down market" is to have another source of income to use during the "market down" times. This is the idea behind keeping some relatively stable and liquid available "in case the market is down". That could be bond fund...
by dbr
Sat Jun 27, 2015 12:21 pm
Forum: Personal Consumer Issues
Topic: 2014 Lexus ES350
Replies: 37
Views: 3584

Re: 2014 Lexus ES350

The OP asks about seating comfort and everybody wants to talk about fuel economy and service??????????
by dbr
Sat Jun 27, 2015 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 39
Views: 2624

Re: Risks of RMD Withdrawal From A Single Fund IRA

There are some tricky tax issues, but an investor that does not want the risk of either stocks or bonds in his IRA can use the assets to purchase an SPIA in the IRA. It really is a question of how much the investor wants to agonize over volatilty in the face of withdrawals. However, the point has al...
by dbr
Sat Jun 27, 2015 11:47 am
Forum: Investing - Help with Personal Investments
Topic: are these legit Vanguard reviews?
Replies: 38
Views: 4230

Re: are these legit Vanguard reviews?

IMHO, those negative posts are almost certainly either contrived or a function of "customer error". I doubt such posts, and one sees such things on many comment boards, are contrived. I think you are right that customer mistakes and customers not understanding how the process works, wheth...
by dbr
Sat Jun 27, 2015 10:52 am
Forum: Personal Consumer Issues
Topic: Do you buy used cars like a Boglehead actually should?
Replies: 144
Views: 13455

Re: Do you buy used cars like a Boglehead actually should?

On the principle that every day you keep an investment is a day you "bought" that "investment" I buy used cars every day. I don't agree that buying used cars is a BH principle. LBYM is a BH principle and buying used can be a tactic to realize that, or not, depending on one's mean...
by dbr
Sat Jun 27, 2015 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Assuming Retirement Withdrawal from Portfolio Value
Replies: 14
Views: 1690

Re: Assuming Retirement Withdrawal from Portfolio Value

And to see the basis for this different view one should read the original Trinity Study as referenced and discussed here:

https://en.wikipedia.org/wiki/Trinity_study
by dbr
Sat Jun 27, 2015 10:21 am
Forum: Investing - Help with Personal Investments
Topic: are these legit Vanguard reviews?
Replies: 38
Views: 4230

Re: are these legit Vanguard reviews?

That site also lists Vanguard as the top rated of nine "automated investment services" though I think they have very little data to go on. Are the reviews legit? Why not? Those stories could happen to some people and there are postings on this forum of issues of somewhat similar nature. Th...
by dbr
Sat Jun 27, 2015 10:07 am
Forum: Investing - Theory, News & General
Topic: Bogleheads are more aggressive...
Replies: 57
Views: 5835

Re: Bogleheads are more aggressive...

Recent and past polls suggest Boglehead respondents, on average, hold more stocks than many traditional guidelines. For instance, the average is closer to age-15 in bonds, rather than age in bonds (the precise numbers are not important, as long as the general impression is). The only actual Boglehe...
by dbr
Sat Jun 27, 2015 9:48 am
Forum: Personal Consumer Issues
Topic: Aren't we overdoing electronic auto safety features?
Replies: 193
Views: 13034

Re: Aren't we overdoing electronic auto safety features?

Is this really any different than regular cruise control that has been around for decades? Do you normally maintain highway cruising speed on off ramps? Applying the brakes immediately turns off the cruise control. With regular cruise control set, you never unexpectedly speed up, which can happen w...
by dbr
Fri Jun 26, 2015 12:51 pm
Forum: Personal Consumer Issues
Topic: Vehicle suggestions for Tall?
Replies: 33
Views: 2073

Re: Vehicle suggestions for Tall?

If the Outback works and the service problem is not insurmountable, then the gas mileage will be good. With all the exotic electronics in things these days I would definitely be leary of poor access to dealers. Also the recent years Outbacks are effectively a completely different vehicle from older ...
by dbr
Fri Jun 26, 2015 12:48 pm
Forum: Personal Consumer Issues
Topic: Colorado Vacation suggestions
Replies: 43
Views: 3142

Re: Colorado Vacation suggestions

I lived in Colorado for three years. My Colorado Vacation suggestion is go to Wyoming and Utah! That could be an excellent suggestion. To the extent you can get away from the crowds it pays off. The key sights in Utah can be crowded too. Zion and Bryce, to name examples, seem to be RV central, but ...
by dbr
Fri Jun 26, 2015 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring @ 60; $1 million (portfolio)
Replies: 22
Views: 6435

Re: Retiring @ 60; $1 million (portfolio)

How much money you have and how fast you spend it will determine the fate of your retirement. At your annual budget, SS income, and assets you will probably be able to show using various retirement models that your plan is adequate. I am not sure what the optimum place is to shift from liquidating a...
by dbr
Fri Jun 26, 2015 12:32 pm
Forum: Investing - Theory, News & General
Topic: Decumulation Phase and BH principles
Replies: 49
Views: 5710

Re: Decumulation Phase and BH principles

Getting a better yield on CDs, stable value funds, and savings accounts than on bonds is a legitimate reason to prefer those to bonds. Dbr, how do you reconcile your statement with the reality that I would be behind 4% today, had I moved my money from bonds to CDs 1 year ago? (5-year CDs were yield...
by dbr
Fri Jun 26, 2015 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Patents and investors
Replies: 19
Views: 1608

Re: Patents and investors

I don't have anything to add for the OP that hasn't already been mentioned, but I did want to say that it's hard to imagine there are companies who only give inventor/employees a plaque and some insignificant monetary reward. That's not only lame, it shows a clear lack of understanding of how monet...
by dbr
Fri Jun 26, 2015 8:25 am
Forum: Personal Consumer Issues
Topic: Colorado Vacation suggestions
Replies: 43
Views: 3142

Re: Colorado Vacation suggestions

Also wanted to make you aware that many people have issues with the high altitudes in Colorado. Many towns are 6000 to 9000 feet in altitude so when people arrive there from sea level they have issues like head aches and sick stomachs and tiredness. So be careful if you drive from low altitude. It ...
by dbr
Fri Jun 26, 2015 8:15 am
Forum: Investing - Theory, News & General
Topic: Decumulation Phase and BH principles
Replies: 49
Views: 5710

Re: Decumulation Phase and BH principles

The "keeping 2 years expenses in cash" or "buckets" has been pretty much dismantled as useful. It is simple mental accounting that puts one further in a hole. I am sure that is true ,Livesoft,during most periods of history, when bonds have given good returns. However this is not...
by dbr
Fri Jun 26, 2015 8:02 am
Forum: Investing - Help with Personal Investments
Topic: Dividend Distribution Question
Replies: 8
Views: 1033

Re: Dividend Distribution Question

Could someone please explain to me the advantage of "taking" your distributions from taxable fund accounts in lieu of "reinvesting" this income? I'm still a bit confused about the advantage of doing this. P.S. - I am now newly retired. Thanks! In the first place an investor who ...
by dbr
Thu Jun 25, 2015 9:36 am
Forum: Personal Consumer Issues
Topic: Colorado Vacation suggestions
Replies: 43
Views: 3142

Re: Colorado Vacation suggestions

Scotts Bluff is a good stop. The UP yards at North Platte are interesting. There is an information center and observation tower. Eastern Colorado is more interesting if you don't use the Interstate (but a bit slower). If you want to go farther north to South Dakota you can visit the Black Hills, the...
by dbr
Thu Jun 25, 2015 9:14 am
Forum: Personal Finance (Not Investing)
Topic: What percent of your spending is "basic" and what percent is "discretionary"?
Replies: 42
Views: 3765

Re: What percent of your spending is "basic" and what percent is "discretionary"?

Rodc wrote: In other words I suppose one could say we can adjust the answer by adjusting the definitions of basic and discretionary.


What basic is is discretionary.
by dbr
Thu Jun 25, 2015 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard ETF dividends?
Replies: 13
Views: 1372

Re: Vanguard ETF dividends?

It does mean more taxes owed, but it also means that I have money to buy more shares. If you constantly reinvest dividends over a long time horizon, think about how many shares you can accumulate. Every new share that you buy will pay a dividend so they compound and the total paid to you will get p...
by dbr
Thu Jun 25, 2015 8:33 am
Forum: Investing - Theory, News & General
Topic: Why do Bogleheads/BiggerPocketers think there is only one way?
Replies: 123
Views: 13246

Re: Why do Bogleheads/BiggerPocketers think there is only one way?

I don't think I have ever seen data and analysis on this forum of the ability of various types of real estate investment to supply a retirement income stream. This would mean something general and not personal anecdotes. In particular assessment of the risk would need a general approach. I mean to s...
by dbr
Thu Jun 25, 2015 8:26 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard ETF dividends?
Replies: 13
Views: 1372

Re: Vanguard ETF dividends?

Why are the dividend rates for VOO showing and not the other ETFs? I checked the ones in my sig... Check your watch (or smartphone). Is it 2 am eastern time yet? (Edit: Time marches on, so now the info is available. :) ) Yep - I see they are out now. Sweet. Much better than the first quarter too. M...
by dbr
Thu Jun 25, 2015 8:18 am
Forum: Personal Consumer Issues
Topic: Colorado Vacation suggestions
Replies: 43
Views: 3142

Re: Colorado Vacation suggestions

The farther away you stay from I-70 the better off you will be. Avoid weekends entirely. I recommend the SW corner of the state. Mesa Verde is a must see. If you want to get to high altitudes in a car Mt. Evans and Pikes Peak are interesting but tourist laden drives. Learn how to control a vehicle r...
by dbr
Thu Jun 25, 2015 8:13 am
Forum: Personal Consumer Issues
Topic: Colorado Vacation suggestions
Replies: 43
Views: 3142

Re: Colorado Vacation suggestions

So, is a Suburu Outback a sufficient vehicle for back roads? ed There are degrees here. The answer is yes until the answer is no. The Outback will have the clearance to attempt things that are not possible in a passenger car. But Colorado is a state of true 4 WD "jeep" roads that can/will...
by dbr
Thu Jun 25, 2015 8:02 am
Forum: Personal Finance (Not Investing)
Topic: Patents and investors
Replies: 19
Views: 1608

Re: Patents and investors

Most of what I did in my job including patenting and commercializing new products I did not learn in a school of higher learning, aka, university. I worked for a megacorp, but a good one where the life blood or our existence was new products. A well placed comment one day: "What do you guys get...
by dbr
Wed Jun 24, 2015 4:29 pm
Forum: Investing - Theory, News & General
Topic: Decumulation Phase and BH principles
Replies: 49
Views: 5710

Re: Decumulation Phase and BH principles

The only real difference is the tools you have available (pension / social security / annuities) which are insanely valuable. Honestly, their availability makes the decumulation phase easier than the accumulation phase from my perspective. With the accumulation phase there are many more unknowns......
by dbr
Wed Jun 24, 2015 2:08 pm
Forum: Personal Consumer Issues
Topic: Money arguments with spouse and how did you resolve
Replies: 54
Views: 5581

Re: Money arguments with spouse and how did you resolve

If you are the guy- she is right. If you are gal-you are right. To be PC, then both will need to come to some type of resolution. I don't feel these types of responses are useful, even if said in jest. Both partners in a marriage should have a valid vote. It's possible that the man is not thinking ...
by dbr
Wed Jun 24, 2015 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring a Stock to Vanguard - Cost Basis accuracy
Replies: 9
Views: 844

Re: Transferring a Stock to Vanguard - Cost Basis accuracy

Does the 1099 from Vanguard even report cost basis information for non-covered shares. They don't have to and the IRS would ignore anything they do report. I would have understood that most brokers would not have any data on the 1099 in that case, but maybe some do as a convenience.
by dbr
Wed Jun 24, 2015 12:37 pm
Forum: Investing - Theory, News & General
Topic: Decumulation Phase and BH principles
Replies: 49
Views: 5710

Re: Decumulation Phase and BH principles

Another strategy (and we'll follow a flavor of this) is to have annuities for much/most/all of the basics, and stay rather heavy in equities for the rest. [No bequest plans, which obviously matters for this type of strategy.] "Annuities" includes SS, pensions, SPIAs, and deferred annuitie...

Go to advanced search