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by feh
Sat May 23, 2015 7:12 am
Forum: Investing - Help with Personal Investments
Topic: please confirm: early retirement
Replies: 84
Views: 6056

Re: please confirm: early retirement

So either the OP's is looking for a pat on the back or they are asking if their budget makes sense. No, I'm not really looking for either. I'm quite confident in my budget. As I said, I've been tracking it for years, and I've gone over it many times to make sure I'm including infrequent, large expe...
by feh
Sat May 23, 2015 7:05 am
Forum: Investing - Help with Personal Investments
Topic: please confirm: early retirement
Replies: 84
Views: 6056

Re: please confirm: early retirement

What is your driver for wanting to do this at 49? You are possibly giving up a great deal in the long term for this near term opportunity. I believe I touched on this in an earlier post...yes, I could work longer and (likely) have a very handsome portfolio. But, why? Should I spend the next X years...
by feh
Sat May 23, 2015 6:56 am
Forum: Investing - Help with Personal Investments
Topic: please confirm: early retirement
Replies: 84
Views: 6056

Re: please confirm: early retirement

TheTimeLord wrote:Did you calculate SS using your best 35 years or did you take it off your annual statement? The annual statement assumes you will keep working at your same income level.


I used the form where you provide annual income, so it should be accurate.
by feh
Fri May 22, 2015 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: please confirm: early retirement
Replies: 84
Views: 6056

Re: please confirm: early retirement

renue74 wrote:Instead of full retirement, you could plan in moving to part time. It gives you the best of both worlds and keeps you "relevant" in technology.


This is an option I have, and will continue, to consider.
by feh
Fri May 22, 2015 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: please confirm: early retirement
Replies: 84
Views: 6056

Re: please confirm: early retirement

You can do it. Any adjustments will come out of the expense side. My thought, mentioned by others above, is that $35 or $40K a year for everything is not very much. Basically about $3k a month for everything? Maybe a little more at $50k a year - $4k a month. Of course i have no idea what your lifes...
by feh
Fri May 22, 2015 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: please confirm: early retirement
Replies: 84
Views: 6056

Re: please confirm: early retirement

However, I have a question regarding your list of assets. You separately list (a) a portfolio of 1.65 million and (b) dividend income of about $20K/year. Depending on how you're using these numbers, this could constitute double-counting of the stock component of your portfolio. Yes, this is true. T...
by feh
Fri May 22, 2015 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: please confirm: early retirement
Replies: 84
Views: 6056

Re: please confirm: early retirement

I retired early and can confirm that few things in life are more fulfilling and exhilarating than waking up every morning and doing what you want to do rather than what you must do. Getting away from the financials, this is the key question in my mind. I could very easily work another 5-10 years, s...
by feh
Fri May 22, 2015 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: please confirm: early retirement
Replies: 84
Views: 6056

Re: please confirm: early retirement

Two things people often forget on the expense line. Income taxes (which may not be an issue here) and capital replacement (roof, cars, furnace ...). I have line items in the budget for the above. Been tracking expenses via mint for 3-4 years, and the Fidelity RIP tool does a good job of making sure...
by feh
Fri May 22, 2015 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: please confirm: early retirement
Replies: 84
Views: 6056

Re: please confirm: early retirement

A couple of comments. Those numbers look feasible. Are there any items you're missing (increased funds for travel, etc)? Travel is included in the expenses. We aren't globetrotters, so even if we had more accumulated, we probably wouldn't spend it on travel. Could you generate a little extra money ...
by feh
Fri May 22, 2015 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: please confirm: early retirement
Replies: 84
Views: 6056

Re: please confirm: early retirement

letsgobobby wrote:Do those expenses include health care?


Yes, I have priced silver plans for the family.
by feh
Fri May 22, 2015 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: please confirm: early retirement
Replies: 84
Views: 6056

please confirm: early retirement

Hi folks. Seriously considering early retirement next Spring (2016). Firecalc and Fidelity RIP, as well as in-person consultation w/ Fidelity advisor, all indicate we should be good to go. I would like feedback from all you wonderful people before I start to actually take steps...below is our situat...
by feh
Fri May 22, 2015 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Career Advice: Follow "Passion" or Follow the Money?
Replies: 73
Views: 4034

Re: Career Advice: Follow "Passion" or Follow the Money?

Didn't read the entire thread...

OP - you are in only the second year of your career, making > $100K, in a field that is your passion?

I say - thank your lucky stars (and keep your current job).
by feh
Thu May 21, 2015 9:44 am
Forum: Investing - Theory, News & General
Topic: How 529 college savers invest.
Replies: 16
Views: 1607

Re: How 529 college savers invest.

We use Utah's system, which is Vanguard based.

We set up a custom allocation; details are too lengthy to include here, but it was similar to the "aggressive" allocation in the linked article in the OP.
by feh
Wed May 20, 2015 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Ways to fund an early retirement?
Replies: 40
Views: 2361

Re: Ways to fund an early retirement?

dbCooperAir wrote:Its place to keep some cash that helps against the bad sequence of return risk that shows up the day after you pull the plug.


We are holding I Bonds just for this purpose. Yes, they are currently earning 0%, but that is an anomaly.
by feh
Wed May 20, 2015 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Ways to fund an early retirement?
Replies: 40
Views: 2361

Re: Ways to fund an early retirement?

it seems like if you DCA into taxable over many years, and then withdraw on a regular basis to fund your early retirement, you're going to have a big headache at tax time. Why do you think this? Because there would be lots of different cost bases and amounts of realized gains? I'd be happy to know ...
by feh
Wed May 20, 2015 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Ways to fund an early retirement?
Replies: 40
Views: 2361

Re: Ways to fund an early retirement?

Casper wrote:it seems like if you DCA into taxable over many years, and then withdraw on a regular basis to fund your early retirement, you're going to have a big headache at tax time.


Why do you think this?
by feh
Wed May 20, 2015 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Ways to fund an early retirement?
Replies: 40
Views: 2361

Re: Ways to fund an early retirement?

That's a good point. It's not taxed twice in a literal sense, but I think of it as being taxed twice mainly in comparison to a 401(k) or similar account. In a taxable account, you are contributing money that was taxed when you first received it, and then the earnings are taxed when they come out, a...
by feh
Thu May 14, 2015 10:34 pm
Forum: Investing - Theory, News & General
Topic: Your Safety Net
Replies: 31
Views: 3621

Re: Your Safety Net

As an early retiree, I will be doing this (3-4 years of living expenses in short-term/cash). Once I reach 59.5, I anticipate no longer needing such a bucket. Reading other responses, I should clarify: 1) my 3-4 years of living expenses will not be actual cash, but CDs, I Bonds and short term bond f...
by feh
Thu May 14, 2015 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Networth question
Replies: 54
Views: 4328

Re: Networth question

alpenglow wrote:Net Worth = Assets - Liabilities


+1

I don't know why folks need to make it more complicated.
by feh
Thu May 14, 2015 12:04 pm
Forum: Investing - Theory, News & General
Topic: Your Safety Net
Replies: 31
Views: 3621

Re: Your Safety Net

As an early retiree, I will be doing this (3-4 years of living expenses in short-term/cash). Once I reach 59.5, I anticipate no longer needing such a bucket.
by feh
Wed May 13, 2015 2:09 pm
Forum: Personal Consumer Issues
Topic: Should I buy a lighter bicycle or lose body weight?
Replies: 53
Views: 3960

Re: Should I buy a lighter bicycle or lose body weight?

d_green wrote: I'm not a super serious rider. I don't race, I'm more of a weekend biker who like to get about 50 miles in a week.


Then why would you care about how much your bike weighs?

And if for some reason you do care, then yes - dropping 3 lbs from your body makes more sense.
by feh
Wed May 13, 2015 2:06 pm
Forum: Personal Consumer Issues
Topic: How much can I spend on a car?
Replies: 157
Views: 8577

Re: How much can I spend on a car?

Didn't read the whole thread...

Anybody else think an adult male making a decent salary should not be living at home?

As for the car - buy something under $20K and start saving.
by feh
Wed May 13, 2015 1:59 pm
Forum: Personal Consumer Issues
Topic: Wisconsin vacation ideas
Replies: 34
Views: 2327

Re: Wisconsin vacation ideas

Although Door County can be "touristy", it also has lots of different types of activities. +1 Door County on a July weekend will be packed, mostly w/ folks from Chicago/Milwaukee. It's a pretty area, but I suggest being there on week day(s). Two lane country roads that go through small to...
by feh
Wed May 13, 2015 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: International Small Cap
Replies: 24
Views: 1871

Re: International Small Cap

I am also a Fidelity customer that tilts to small value.

My international small cap is all in VSS and SCZ. I didn't like Fido's options.
by feh
Thu May 07, 2015 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: How much home can we afford (Short Post)
Replies: 8
Views: 824

Re: How much home can we afford (Short Post)

My wife and I make $250/yr and both max out a 401k and backdoor roth IRA. I'm 40 and she is 34 years old. We currently live in a home worth ~450k and owe ~100k on the mortgage. We have no other debt. We have a 1 year old and are thinking about moving to a new school zone with a more kid friendly ne...
by feh
Mon May 04, 2015 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring before kids start college. Thoughts?
Replies: 26
Views: 4596

Re: Retiring before kids start college. Thoughts?

Plan on being retired before only child starts college in 3 years. We have set aside (in a 529) money for his schooling; it may be enough for 4 years, may be enough for only 2, depending on which school he chooses. He'll be responsible for the difference; no blank checks here.
by feh
Thu Apr 30, 2015 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: The Engineer's Guide to Investing
Replies: 32
Views: 3078

Re: The Engineer's Guide to Investing

I don't think such a guide would differ from the guide for any individual. The things that makes MDs different are a) potential for gigantic student loans, b) late start to earnings and c) very large salaries. Engineers tend to make better money than the average person, but they aren't earning anest...
by feh
Thu Apr 30, 2015 8:59 am
Forum: Investing - Help with Personal Investments
Topic: VFSUX or 2 year CD?
Replies: 4
Views: 581

Re: VFSUX or 2 year CD?

Call_Me_Op wrote:Is this a trick question? I would of course choose the CD.


Nope, not a trick question. If you think the choice is that obvious, could you share your reasoning?

Thanks.
by feh
Thu Apr 30, 2015 8:15 am
Forum: Investing - Help with Personal Investments
Topic: VFSUX or 2 year CD?
Replies: 4
Views: 581

VFSUX or 2 year CD?

Gonna invest a small amount of money in our short-term bucket. The nominal time horizon for this bucket is 3-4 years, but there's a very good chance the money will be invested much longer than that. 30 day SEC yield on VFSUX (short term investment grade bonds) is 1.6%, and the 2 year raise-your-rate...
by feh
Mon Apr 27, 2015 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: family cabin planning through generations
Replies: 16
Views: 2192

Re: family cabin planning through generations

This attorney strongly recommends passing / giving such property to one individual rather than have it pass through the generations This sounds like excellent advice. My grandparents left their cabin to their 3 children, who often did not get along. Lots of unnecessary drama ensued...eventually, on...
by feh
Mon Apr 27, 2015 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Leaving our financial advisor over a period of months
Replies: 33
Views: 2559

Re: Leaving our financial advisor over a period of months

snackypants wrote:I agree, no need to drag this out.



+1

When we left our FA, we simply said we were gonna do it ourselves, and told him what to sell and what to transfer in-kind.

Be polite. Be civil. But, don't feel like you owe him anything, because you don't.
by feh
Fri Apr 24, 2015 11:44 am
Forum: Investing - Theory, News & General
Topic: Age in Bonds Poll
Replies: 72
Views: 3930

Re: Age in Bonds Poll

Never really followed that rule. First 20 years of investing, we were 100% equities. Five years out from retirement, we went to 70/30. At retirement (and hopefully forever after), plan on 60/40. If I could become a 20-something again, with the knowledge I now have, I'd probably follow the age-20 rule.
by feh
Fri Apr 24, 2015 11:40 am
Forum: Investing - Theory, News & General
Topic: International Stock Poll: Emerging vs Developed Ratio
Replies: 55
Views: 2784

Re: International Stock Poll: Emerging vs Developed Ratio

I don't set out to own EM; whatever we do own is just part of the index.

Our ex-US funds are FSGDX, VSS and SCZ. they average out to somewhere in the low teens for EM%.
by feh
Fri Apr 24, 2015 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Bonds - why invest in them right now? Can use some help...
Replies: 10
Views: 1408

Re: Bonds - why invest in them right now? Can use some help.

Why invest in something that will lose value in a few months when the Fed raises the interest rates. Even if the rate increases are delayed for a few more months, it's only a matter of time until they are. And when that happens, it's a mathematical certainty that bond yields will decrease and they ...
by feh
Thu Apr 23, 2015 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Marriage and splitting expenses
Replies: 112
Views: 7534

Re: Marriage and splitting expenses

Seems like expenses are well below income here. How about: 1. both contribute the maximum to 401k, IRA, etc 2. combine the remaining assets (after taxes, etc) 3. Spend what needs to be spent 4. Save what isn't spent. What does your spouse want? +1 Not a fan of the "his" money and "he...
by feh
Thu Apr 23, 2015 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Should I apply for manager's job or continue as a techie?
Replies: 145
Views: 9742

Re: Should I apply for manager's job or continue as a techie

Can't comment on your specific situation, but just wanted to pipe up as a techie (software developer) that has passed on all management opportunities during my career (25 years). My reasoning has been simple - I like technology and enjoy building/creating/solving problems. I also don't enjoy managin...
by feh
Mon Apr 20, 2015 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Stocks are on sale, should I buy?
Replies: 54
Views: 5950

Re: Stocks are on sale, should I buy?

Were back up today. After some weekend reading I have determined that I can speculate about the market going up or down citing all kinds of things but in reality... Well I don't know all that much (not to be self deprecating). Sticking to the plan.. Max out tax sheltered accounts, use Vanguard (or ...
by feh
Mon Apr 20, 2015 11:46 am
Forum: Investing - Theory, News & General
Topic: What Guaranteed Return Would You Require to Move All Assets
Replies: 54
Views: 3398

Re: What Guaranteed Return Would You Require to Move All Ass

denovo wrote:3-4 percent real.


+1

I'd be ok w/ 3% real, since we are on the verge of retirement, and knowing what our annual expenses are.
by feh
Fri Apr 17, 2015 12:29 pm
Forum: Investing - Theory, News & General
Topic: I and EE Bonds - What will the new rate be?
Replies: 18
Views: 2257

Re: I and EE Bonds - What will the new rate be?

Won't be buying I Bonds this year until November. Money is earning 1% at Ally until then.
by feh
Thu Apr 16, 2015 11:11 am
Forum: Investing - Theory, News & General
Topic: [retired guy said] terrible crash is coming
Replies: 71
Views: 8618

Re: [retired guy said] terrible crash is coming

Thanks. I will stay the course. But, I am learning so it is tough when I keep hearing all this noise. I will stay on course. Riptide There are different kinds of noise...stock tips from friends & family or coworkers...noise from investing web sites...noise from cable television. And then there ...
by feh
Tue Apr 14, 2015 10:28 am
Forum: Personal Finance (Not Investing)
Topic: advantages of being member AND employee of LLC?
Replies: 0
Views: 160

advantages of being member AND employee of LLC?

Hi folks.

I am a member of the LLC that I currently work for. I'm planning on retiring in about a year.

Would no longer being employed by the LLC exclude me from any potential monies/opportunities in the future? Or is my membership in the LLC the only relevant relationship?

Thanks.
by feh
Tue Apr 14, 2015 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Inexpensive Smartphone
Replies: 46
Views: 4156

Re: Inexpensive Smartphone

Thanks for all the good info on this thread. I am in the market for a cheap smart phone to use with Ting. My quandary has been finding one with a decent camera (young kids to document!). What do you Moto g/e users have to say about the camera? Ant other suggestions on this front? I use the camera o...
by feh
Mon Apr 13, 2015 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Inexpensive Smartphone
Replies: 46
Views: 4156

Re: Inexpensive Smartphone

Bought a Moto G about 6 months ago for $80. Use it on Ting's (Sprint) network.

Very happy with it. I refuse to spend hundreds on a smart phone.
by feh
Mon Apr 13, 2015 12:30 pm
Forum: Investing - Theory, News & General
Topic: SC international: Swap GWX for VSS?
Replies: 5
Views: 804

Re: SC international: Swap GWX for VSS?

We hold SCZ and VSS for ex-US small cap. The SCZ was purchased as a TLH of VSS.
by feh
Fri Apr 10, 2015 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio changes to retire in 4 years...
Replies: 26
Views: 2664

Re: Portfolio changes to retire in 4 years...

Somewhat similar situation here...retiring next year and will have about 9 years before being able to access tax-advantaged accounts. Our assets are about 50% taxable, 50% tax advantaged. Our solution to this quandry is to have 3 years of expenses in short-term investments (short term bonds, CDs, I ...
by feh
Fri Apr 10, 2015 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Am I part of the problem??
Replies: 73
Views: 8958

Re: Am I part of the problem??

We're all hypocrites, to some extent. Since I own the total market, I'm profiting from companies that do some pretty heinous things.
by feh
Fri Apr 10, 2015 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Should I renege [on a] job offer?
Replies: 48
Views: 4531

Re: Should I renege [on a] job offer?

David Jay wrote:In the old days we used to say "your word is your bond", but that is no longer the conventional wisdom.


It still is in some circles. I would have no objection to blacklisting in such a situation.
by feh
Fri Apr 10, 2015 11:43 am
Forum: Investing - Theory, News & General
Topic: Hypothetical End Game Scenario w/ 5M retirement account
Replies: 74
Views: 7569

Re: Hypothetical End Game Scenario w/ 5M retirement account

Holy smokes. Talk about first world problems... :shock:
by feh
Thu Apr 09, 2015 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Emergency funds vs taxable
Replies: 8
Views: 1039

Re: Emergency funds vs taxable

We have significant taxable savings (plan to ER next year), but we still have an "emergency" fund, which holds (on average) about 6 months of expenses. However, that account is really an emergency/large expenses fund. New furnace, new car, I Bond purchases, vacations, etc. come out of there.
by feh
Wed Apr 08, 2015 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Nailed it! $223,199/yr: magic# for making it in SF Bay Area
Replies: 117
Views: 11492

Re: Nailed it! $223,199/yr: magic# for making it in SF Bay A

I've been in IT all my life; about 15 years ago I was looking to switch jobs and get out of the dreary Midwest winters. I've always liked SF and investigated what the cost of living would be...long story short, we're still in the Midwest.

And I don't think it's gotten cheaper out there since 2000.

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